$759,000 $869,000 ↓ $110,000 reduced Active
227 Olympic Valley Road #15
Olympic Valley, CA 96146
✓ STR Allowed — Permit Required
Placer County STR permit required. County-wide cap of 3,900 permits — new permits available until cap is reached.
3 Beds
·
3.0 Baths
·
1,660 Sq Ft
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About This Property

Convenient mountain living at its best in this end-unit townhome at the Tavern Inn in Olympic Valley/Palisades Tahoe! Ideally positioned for privacy and natural light, this three-story residence features a thoughtfully designed layout, with the main living area located on the middle level, perfect for gathering and entertaining. The living room is anchored by a wood-burning stone fireplace, which creates a warm, alpine ambiance. It opens to a west-facing deck where you can relax and enjoy sunsets after a day on the slopes at Palisades or hiking in Shirley Canyon. The upper-level features two comfortable bedrooms with vaulted ceilings and one and a half bathrooms. The lower level offers an expansive third bedroom/flex room, full bathroom, plus a large lock-off storage room, ideal for gear and seasonal items, as well as two lockable ski closets. Enjoy a full suite of HOA amenities, including a pool, hot tub, sauna, and two tennis courts. World-class skiing at Palisades Tahoe is just minutes from your front door. Lake Tahoe and Historic downtown Truckee are just a quick drive away, a few miles away. With easy access to paved and dirt biking trails and hiking paths, this condo is perfectly suited as a full-time residence, weekend escape, or investment opportunity. Short-term rental history available. HOA dues include: Master Policy Insurance, Exterior Maintenance, Snow Removal, Amenity Maintenance, and Trash Collection. A rare chance to own a versatile mountain retreat in one of Olympic Valley’s most desirable locations. Welcome home to your own Tahoe...

Listed by Scott Willers — Compass

Listing Details

Status Active
MLS # 20260073
Days on Market 169
Price/Sq Ft $457

Property History

Jan 17, 2026
Listed for sale
$759,000
Property Overview
Beds 3
Baths 3.0
Sq. Ft. 1,660
Year Built 1982
Property Type Residential
Style Bavarian
Subdivision Olympic Valley
County Placer
STR Jurisdiction Placer County
APN 096460015
Parking
Parking Features None, Parking Pad
Exterior & Lot
Lot Features Condo/PUD Project, Rental History
View Mountain(s)
Construction Stucco
Roof Composition
Foundation Concrete Perimeter
Utilities & Systems
Heating Propane, CFAH
Financial
HOA Fee $1,397 / Monthly
HOA & Community
Community Amenities Pool, Tennis Court(s), Other/See Remarks
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STR Investment Analysis

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

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED ANNUAL REVENUE
$142,500 ($118K – $167K range)
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%

STR Investment Summary — 227 Olympic Valley Road #15, Olympic Valley

Est. Annual Revenue
$49,802
Avg Nightly Rate
$261
Projected Occupancy
52.3%
Cap Rate
2.6%
Structural Score: 57 / 100 (Premium) · STR Zone: Yellow

Based on comparable vacation rental performance data for Olympic Valley. Revenue projections are estimates and may vary.

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

$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($151,800)
Home price
$759,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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