$3,750,000
700 Olympic Valley Road
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.
4 Beds
·
3.5 Baths
·
3,919 Sq Ft
·
10454 Lot
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About This Property

Great expanded views of the ski area and the meadow, recently improved by careful tree work. Experience the ultimate in year-round mountain living with this elegantly renovated home in the heart of Olympic Valley, just 7 miles from Lake Tahoe and minutes to Palisades Tahoe Ski Resort —making it the perfect basecamp for both winter and summer adventures. Thoughtfully designed with high-end finishes and modern comforts, this home has stunning views of the surrounding mountains, meadow, and Red Dog Ridge of the ski area, and is across the street from the bike path with trails to the river and the Lake. This 4-bedroom, 3.5-bathroom home features a generously sized open concept layout ideal for both relaxing and entertaining. The living room showcases cathedral ceilings, a full-height steel fireplace, and a striking custom chandelier. Adjacent is the chef’s kitchen equipped with a Wolf range, double ovens, a Sub-Zero refrigerator, and a large island with Sequel Quartz counters—perfect for hosting après-ski dinners or casual gatherings. Beyond the open great room, additional highlights include large walk in wine cellar, a game room with a wet bar and an upstairs loft/den that’s ideal for a second living space or home office. Every detail has been curated with care—from custom solid alder doors with Baldwin hardware to new designer lighting throughout and custom steel railings and metal work inside and out. Bathrooms are beautifully appointed with Kohler plumbing fixtures, Toto toilets, and spa-inspired finishes. The luxurious primary ensuite bathroom is a retreat of its own, boasting a copper soaking tub, heated flooring, a wide floating vanity with a refrigerator drawer. Unique, ski-themed touches include a custom stair handrail made of authentic chairlift cable and a vintage resort chairlift suspended above the stairwell, adding character and charm to this modern mountain home. The home is equipped with a new high-efficiency furnace and integrated whole-house humidifier, plus a 75-gallon Bradford & White gas water heater for year-round comfort. Ideally situated across from the paved bike path connecting Palisades Tahoe and Tahoe City, with winter shuttle service to the Funitel and ski locker room right at your door. Enjoy hiking in Shirley Canyon, mountain biking, and year-round events in The Village—home to restaurants, shops, and variety of entertainment. This is more than a home, it’s a launchpad for your Tahoe lifestyle. Park your car in the garage, grab your skis or paddleboard, and dive into everything Olympic Valley and Lake Tahoe has to offer.

Listed by Chiara Gajar — Lawrence Realty

Listing Details

Status Active
MLS # 20251856
Days on Market 217
Price/Sq Ft $957

Property History

Aug 13, 2025
Listed for sale
$3,750,000
Property Overview
Beds 4
Baths 3.5
Sq. Ft. 3,919
Lot Size 0.24 acres
Stories 3
Property Type Single Family Residence
Style Mountain
Subdivision Olympic Valley
APN 096-240-024
Parking
Parking Features Three
Exterior & Lot
Exterior Features High Ceilings,High Speed Internet,Wine Room
Lot Features Upslope
View Peek,Wooded,Mountain,Ski Resort,Meadow
Roof Flat
Foundation Perim Concrete
Utilities & Systems
Heating Propane,CFAH
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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% ($750,000)
Home price
$3,750,000
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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