$1,895,000
400 Resort Road #838 840
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
·
3.5 Baths
·
1,970 Sq Ft
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About This Property

Two story penthouse in the Resort at Squaw Creek- a mountain resort. World class amenities and activities. Easy access to Lake Tahoe. Breathtaking ski area, golf course and valley views from large two story windows in the living room. Unique kitchen with full size appliances. Two bedrooms and two and one half bathrooms in main penthouse unit and attached lock-off studio with a bedroom and a bathroom.

Listed by Roland Lawrence — Lawrence Realty

Listing Details

Status Active
MLS # 20241188
Days on Market 636
Price/Sq Ft $962

Property History

Jun 20, 2024
Listed for sale
$1,895,000
Property Overview
Beds 3
Baths 3.5
Sq. Ft. 1,970
Stories 2
Year Built 1990
Property Type Residential
Style Other
Subdivision Olympic Valley
APN 102-150-032-000
Parking
Parking Features None
Exterior & Lot
Lot Features Varies
View Panoramic,Mountain,Golf,Ski Resort,River/Creek,Meadow
Financial
HOA Fee $2,899 / M
HOA & Community
Community Amenities Pool,Tennis Courts,Golf,Cross Country Skiing,Down Hill Skiing,Exercise Equipment
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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%

Payment calculator

$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($379,000)
Home price
$1,895,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Real Estate Agent
License #CA 02235314

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