$615,000
1985 Olympic Valley Road #418
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
·
580
Sq Ft
About This Property
One Bedroom Top Floor Condo at the Village at Palisades Tahoe. Right at the base of Palisades Tahoe Ski Area. Steps to the Cable Car, Funitel, Base to Base Gondola, KT Lift, the "Big Tree" and all the shops and restaurants at the foot of the mountain. Super convenient and warm underground parking and bike storage right below your condo building. Comfortable lobby with fireplace and pool table with direct access to the coffee shop, work out room with dry sauna, shower and two outdoor hot tubs with spectacular mountain views of Tram Face and KT.
Listed by Jeff Cleeland — COMPASS
Listing Details
Status
Active
MLS #
20260021
Days on Market
71
Price/Sq Ft
$1,060
Property History
Jan 06, 2026
Listed for sale
$615,000
Property Overview
Beds
1
Baths
1.0
Sq. Ft.
580
Stories
1
Year Built
2002
Property Type
Residential
Style
Mountain
Subdivision
Olympic Valley
APN
096-652-015-000
Parking
Parking Features
One
Financial
HOA Fee
$1,832
HOA & Community
Community Amenities
Down Hill Skiing,Exercise Equipment
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% ($123,000)
Home price
$615,000
Loan details
30-yr fixed, 6.5%
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