Sold $1,400,000 $1,475,000 Closed
201 Shirley Canyon Road #708
Olympic Valley, CA 96146

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SOLD 2026-09-15
Sold for $1,400,000 (listed at $1,475,000)
2 Beds
·
2.0 Baths
·
1,094 Sq Ft
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About This Property

Palisades Tahoe Lodge #708 offers a rare combination of flexibility, convenience, and an exceptional location at the base of Palisades Tahoe Ski Area. This ground-floor 2 bedroom, 2 bath residence features a versatile lock-off floor plan, allowing the spaces to be enjoyed together or separately, ideal for personal use, guests, or rental flexibility. Enjoy views toward the ski area and the ease of true slopeside living, with the lifts, Village, dining, shopping, and year-round recreation just steps away. Underground garage parking and elevator access add everyday convenience, whether arriving for a powder weekend or settling in for a summer escape. Owners and guests enjoy an impressive collection of amenities including a seasonal swimming pool, hot tubs, fitness center, sauna, steam room and tennis courts, all just steps from world-class skiing. Palisades Tahoe Lodge offers ski-in/ski-out access along with an impressive collection of resort amenities. Unit #708 is an inviting opportunity to own a flexible mountain retreat in one of Olympic Valley’s most desirable locations.

Listed by Chiara Gajar — Lawrence Realty

Listing Details

Status Closed
MLS # 20261713
Sold Date 2026-09-15
Sold Price $1,400,000
Price/Sq Ft $1,348

Property History

Aug 16, 2026
Listed for sale
$1,475,000
Aug 25, 2026
Pending
$1,475,000
Sep 15, 2026
Sold
$1,400,000

Sale History · changed hands 2×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jun 2022 · via MLS history $1,050,000 — —
Sep 2026 · this listing $1,400,000 (+33%) Chiara GajarLawrence Realty W. Al ColhounSierra Sotheby's Int Realty TC

MLS closed sales, with duplicate ingestions collapsed and lease records excluded, so each row is a distinct transaction. Rows marked county record come from the assessor's deed data, which reaches back further than the MLS feed; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Beds 2
Baths 2.0
Sq. Ft. 1,094
Year Built 1999
Property Type Residential
Style Mountain
Subdivision Olympic Valley
County Placer
STR Jurisdiction Placer County
APN 096640009
Parking
Garage Spaces 1
Parking Features One, Attached, Other, Parking Pad
Attached Garage Yes
Exterior & Lot
Lot Features Condo/PUD Project, Tennis Court, Ski In/Ski Out
View Peek, Mountain(s), Ski Resort
Pool & Spa
Pool Swimming Pool
Utilities & Systems
Heating Propane, CFAH
Financial
HOA Fee $2,844 / Monthly
HOA & Community
Community Amenities Pool, Tennis Court(s), Down Hill Skiing, Exercise Equipment, Other/See Remarks

STR Investment Summary — 201 Shirley Canyon Road #708, Olympic Valley

Est. Gross Annual Revenue
$25K – $55K
typically ~$40,000
Avg Nightly Rate
$205
Projected Occupancy
53.4%
Cap Rate
1.1%
Structural Score: 64 / 100 (Premium) · STR Zone: Green

Based on comparable vacation rental performance data for Olympic Valley. Gross of management, cleaning and platform fees. Assumes full-year availability, professional management and dynamic pricing; owner use reduces it. Revenue projections are estimates and may vary.

Home Insurance Estimate

California FAIR Plan fire policy + a DIC wrap policy, the usual Tahoe setup

$1,200 – $1,400/yr
about $108/mo
Est. Rebuild Cost (Coverage A)
$328,200
FAIR Plan (fire)
$1,000/yr
DIC wrap (theft, water, liability)
$200 – $400/yr

Estimate from this ZIP's California FAIR Plan rates (Plan data as of 6/30/2026, with the 29.1% increase effective 10/15/2026) on an estimated rebuild cost, plus a DIC policy at 20–40% of the FAIR premium. Not a bindable quote; a local broker quote depends on the home's age, roof, defensible space and claims history.

See it in the monthly payment Tahoe wildfire insurance costs
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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