$4,500,000
1620 Lanny Lane
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
·
5.0 Baths
·
3,508 Sq Ft
·
17206 Lot
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About This Property

Built in 2016, the reimagined Klaussen Cabin is an architectural jewel set in the highly sought-after west end of Olympic Valley, with views of the legendary slopes of Palisades Tahoe. This luxury ski retreat showcases exceptional craftsmanship, thoughtful detailing, and a respectful tribute to the vision of renowned architect Henrik Bull. The original cabin, constructed prior to the 1960 Winter Olympics, was Bull’s first independent project and was prominently featured in the May 1958 issue of Sunset Magazine as the “Sunset Idea Cabin,” a milestone that helped propel his distinguished career. Although structural issues required the original home to be removed, the owners and their talented construction team meticulously rebuilt, modernized, and re-created the cabin with remarkable fidelity. The home is composed of three striking prow-front volumes housing the kitchen and dining area, the living room, and the family room. These inspired spaces feature floor-to-ceiling windows framing the surrounding landscape, while the handkerchief-style rooflines add a signature Bull architectural flourish. The residence offers four beautiful bedrooms—most with balcony or patio access—including a private primary suite with a spa-inspired bath featuring a soaking tub and walk-in shower, as well as a walk-in closet. One of the additional bedrooms includes an en-suite bath, while the remaining two are served by conveniently located hallway bathrooms. In addition to four full baths, there are two powder rooms in the living and family areas, each with custom finishes and reclaimed wood accents. Reclaimed siding from the original cabin has been artfully integrated throughout the home, adding warmth, character, and a tangible link to Bull’s legacy. This reclaimed timber also graces the front entry and garage doors, enhancing the home’s distinctive appeal. Beyond its striking aesthetics, this property is designed for year-round comfort, featuring high-efficiency in-floor hydronic heating and central air conditioning for warm summer days. While Olympic Valley is home to many exceptional residences, this property stands out as a quintessential example of midcentury modern resort architecture—masterfully executed and like new. Positioned in the desirable West End neighborhood, the cabin is just minutes from the Village, restaurants, shopping, and world-class skiing. With its architectural pedigree, prime location, and thoughtful reconstruction, this home represents the pinnacle of Lake Tahoe real estate. Opportunities of this caliber are rare, and we hope you enjoy experiencing this extraordinary home.

Listed by William Dietz — Tahoe Luxury Properties

Listing Details

Status Active
MLS # 20252506
Days on Market 113
Price/Sq Ft $1,283

Property History

Nov 25, 2025
Listed for sale
$4,500,000
Property Overview
Beds 4
Baths 5.0
Sq. Ft. 3,508
Lot Size 0.40 acres
Stories 3
Year Built 2016
Property Type Single Family Residence
Style Mountain
Subdivision Olympic Valley
APN 096-121-006
Parking
Parking Features Two
Exterior & Lot
Exterior Features High Ceilings
Lot Features Upslope
View Wooded,Mountain,Ski Resort
Construction Framed
Roof Composition
Foundation Perim Concrete
Utilities & Systems
Heating Propane,Hydronic,Radiant
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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% ($900,000)
Home price
$4,500,000
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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