$595,000 Active
1985 Olympic Valley Road #418
Olympic Valley, CA 96146

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✓ STR Allowed — No Permit Needed
Placer County lists the Village at Palisades Tahoe as an approved condo-hotel (county list of March 16, 2026), so its units need no county STR permit. Check the building's own rental rules.
More Lake Tahoe homes for sale where STRs are allowed →
1 Beds
·
1.0 Baths
·
580 Sq Ft
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Our data on this home

Short-term rental income $20K – $50K/yr Est. gross · $157/night · 52.2% booked Home insurance $600 – $700/yr FAIR Plan + DIC wrap, the usual Tahoe setup

About This Property

One Bedroom Top Floor Condo at the Village at Palisades Tahoe. Right at the base of Palisades Tahoe Ski Area. Steps to the Cable Car, Funitel, Base to Base Gondola, KT Lift, the "Big Tree" and all the shops and restaurants at the foot of the mountain. Super convenient and warm underground parking and bike storage right below your condo building. Comfortable lobby with fireplace and pool table with direct access to the coffee shop, work out room with dry sauna, shower and two outdoor hot tubs with spectacular mountain views of Tram Face and KT.

Listed by Jeff Cleeland — COMPASS

Listing Details

Status Active
MLS # 20262019
Days on Market 29
Price/Sq Ft $1,026

Property History

Sep 25, 2026
Listed for sale
$595,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Feb 2015 · county record $300,000 Deed record — brokerage sides not reported

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 1
Baths 1.0
Sq. Ft. 580
Year Built 2002
Property Type Residential
Style Mountain
Subdivision Olympic Valley
County Placer
STR Jurisdiction Placer County
APN 096652015000
Parking
Garage Spaces 1
Parking Features One, Heated Garage, Insulated, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Lot Features Ski Trail
View Mountain(s)
Foundation Concrete Perimeter
Utilities & Systems
Heating Hydronic, In Floor
Financial
HOA Fee $1,832 / Monthly
HOA & Community
Community Amenities Pool, Down Hill Skiing, Exercise Equipment
📊

STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Premium
60
PROJECTED GROSS ANNUAL REVENUE
$20K – $50K typically ~$30,000
~$2,500 per month
Avg Nightly
$157
Occupancy
52%
Cap Rate
2.0%

STR Investment Summary — 1985 Olympic Valley Road #418, Olympic Valley

Est. Gross Annual Revenue
$20K – $50K
typically ~$30,000
Avg Nightly Rate
$157
Projected Occupancy
52.2%
Cap Rate
2.0%
Structural Score: 60 / 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

$600 – $700/yr
about $54/mo
Est. Rebuild Cost (Coverage A)
$174,000
FAIR Plan (fire)
$500/yr
DIC wrap (theft, water, liability)
$100 – $200/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

Cost Segregation Tax Savings

Estimated first-year bonus depreciation savings

Estimated First-Year Tax Savings
$0
via bonus depreciation
Land Value
$0
Improvement Basis
$0
5-Year Property (18%)
$0
15-Year Property (10%)
$0
Estimates are for informational purposes only and do not constitute tax advice. Consult a qualified CPA or tax professional for your specific situation. Actual savings depend on individual tax circumstances.

Payment calculator

$5,424 per month
Principal & interest
$3,009/mo
Property taxes
$529/mo
1.0659% of the price, Placer County's 2025-26 rate, plus direct charges: California re-assesses a home at its sale price.
HOA dues
$1,832/mo
From MLS listing data.
Home insurance
$54/mo
CA FAIR Plan + DIC estimate, ~$600–$700/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($119,000)
Home price
$595,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

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