About This Property
New co-ownership opportunity by Pacaso: Own one-eighth of this professionally managed, turnkey home. The Alpine sits in The Palisades community in Olympic Valley, where the Truckee River runs nearby and Palisades Tahoe's terrain is just outside the door. The two-story exterior has a snow-ready presence, with a mudroom, ski storage and a hot tub deck that make the transition from mountain to home feel genuinely effortless. The main level has light hardwood floors, a gas fireplace and an open plan living and dining area with a statement chandelier, opening to an expansive deck alongside. The kitchen has light brown cabinetry, a double oven range, pendant lighting and a beverage cooler, with a mudroom and laundry room just off the back entry. The primary suite has a private upper deck with a hot tub, a walk-in closet and an en suite bath. Two additional bedrooms, a flex loft with beamed ceilings and a fourth bedroom complete the layout. The upper deck and hot tub face the surrounding mountain terrain, with Lake Tahoe a ten-minute drive for summer mornings on the water. Olympic Valley Village's shops, restaurants and events are close, and Palisades Tahoe's 3,600 acres of skiable terrain — across multiple peaks — are accessible just down the road in every direction. The Alpine is fully designed, furnished and managed by Pacaso. Ownership here is effortless by design, with every detail handled well before owners arrive.
Listing Details
Property History
Sale History · changed hands 10×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| Dec 2020 · via MLS history | $1,997,000 | — | — |
| Aug 2021 · via MLS history | $1,674,500 (-16%) | — | — |
| Mar 2023 · via MLS history | $325,000 (-81%) | — | — |
| Jan 2024 | $333,000 (+2%) | Joseph MaehlerPacaso, Inc. | Joseph MaehlerPacaso, Inc. |
| Jan 2024 · via MLS history | $340,000 (+2%) | — | — |
| Feb 2024 · via MLS history | $2,453,000 (+621%) | — | — |
| Jul 2024 · via MLS history | $299,000 (-88%) | — | — |
| Sep 2024 · via MLS history | $290,000 (-3%) | — | — |
| Jan 2025 | $269,000 (-7%) | Joseph MaehlerPacaso, Inc. | Joseph MaehlerPacaso, Inc. |
| May 2026 | $265,000 (-1%) | Maxx RifkinPacaso, Inc. | Maxx RifkinPacaso, Inc. |
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.
STR Investment Analysis
Permitted ZoneBuilding Permit History
Placer County permit records for this parcel
Public permit records from the Placer County permit portal, last checked 2026-09-05. Open permits should be finaled or closed before close of escrow; verify current permit status directly with the county.
Cost Segregation Tax Savings
Estimated first-year bonus depreciation savings