$960,000 Pending
201 Shirley Canyon Road #819
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.
1 Beds
·
1.0 Baths
·
791 Sq Ft

About This Property

Exceptional slopeside living in one of Palisades Tahoe Lodge’s most desirable locations. Situated on the top floor of Building 7, Residence 819 occupies a quiet corner location with high ceilings, abundant natural light, and mountain views from its private balcony. Representing the largest available one-bedroom floor plan at the Lodge, the residence features an open living area with a gas fireplace, a well-equipped kitchen, a spacious bedroom, and an in-unit washer and dryer—a feature rarely offered in the property’s one-bedroom residences. Located approximately 200 feet from KT-22, WaSheShu, the Aerial Tram, Funitel, and Base-to-Base Gondola, the residence offers effortless access to world-class skiing and year-round recreation without the need to drive or shuttle. Palisades Tahoe Village’s dining, shopping, and entertainment are just steps away, while the condo’s corner position provides a quieter and more private setting. Palisades Tahoe Lodge offers comprehensive resort amenities, including ski storage with valet and tuning services, a fitness center, sauna and steam rooms, indoor and outdoor hot tubs, a seasonal heated pool, tennis courts, a game room, covered parking with EV charging, housekeeping services, and a 24-hour front desk and concierge. From iconic winter terrain to hiking, biking, festivals, and mountain activities throughout the summer, Residence 819 offers an effortless lock-and-leave lifestyle at the heart of Olympic Valley. Premier lift access, a quiet top-floor corner location, the Lodge’s largest available one-bedroom floor plan, and comprehensive resort amenities make this a compelling opportunity to own at one of Lake Tahoe’s most celebrated year-round destinations.

Listed by Jovanah McKinney — Serhant California, Inc.

Listing Details

Status Pending
MLS # 20261867
Days on Market 10
Sold Date 2026-09-15
Price/Sq Ft $1,214

Property History

Sep 03, 2026
Listed for sale
$960,000
Sep 03, 2026
Pending
$960,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Oct 2025 $901,000 Linda GrangerChristie's Int'l R.E. Sereno Jovanah McKinneyeXp Realty of California, 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.

Property Overview
Beds 1
Baths 1.0
Sq. Ft. 791
Year Built 1999
Property Type Residential
Style Mountain
Subdivision Olympic Valley
County Placer
STR Jurisdiction Placer County
APN 096640040
Parking
Garage Spaces 1
Parking Features One, Attached, Oversized, Other, Parking Pad
Attached Garage Yes
Exterior & Lot
Lot Features Condo/PUD Project, Landscaped, Rental History, Tennis Court, Ski In/Ski Out
View Filtered, Trees/Woods, Mountain(s)
Construction Frame
Roof Composition
Foundation Concrete Perimeter
Pool & Spa
Pool Swimming Pool
Utilities & Systems
Heating Propane, CFAH, Hydronic
Cooling Air Conditioning
Financial
HOA Fee $2,162 / Monthly
HOA & Community
Community Amenities Pool, Tennis Court(s), Exercise Equipment, Other/See Remarks
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STR Investment Analysis

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

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Premium
56
PROJECTED GROSS ANNUAL REVENUE
$30K – $60K typically ~$45,000
~$3,750 per month
Avg Nightly
$224
Occupancy
55%
Cap Rate
1.8%

STR Investment Summary — 201 Shirley Canyon Road #819, Olympic Valley

Est. Gross Annual Revenue
$30K – $60K
typically ~$45,000
Avg Nightly Rate
$224
Projected Occupancy
55.0%
Cap Rate
1.8%
Structural Score: 56 / 100 (Premium) · STR Zone: Yellow

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.

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% ($192,000)
Home price
$960,000
Loan details
30-yr fixed, 6.5%
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