$849,000
227 Olympic Valley Road #15
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
·
3.0 Baths
·
1,660 Sq Ft
Virtual Tour

About This Property

Convenient mountain living at its best in this end-unit townhome at the Tavern Inn in Olympic Valley/Palisades Tahoe! Ideally positioned for privacy and natural light, this three-story residence features a thoughtfully designed layout, with the main living area located on the middle level—perfect for gathering and entertaining. The living room is anchored by a wood-burning stone fireplace, which creates a warm, alpine ambiance. It opens to a west-facing deck where you can relax and enjoy sunsets after a day on the slopes at Palisades or hiking in Shirley Canyon. The upper-level features two comfortable bedrooms with vaulted ceilings and one and a half bathrooms. The lower level offers an expansive third bedroom/flex room, full bathroom, plus a large lock-off storage room, ideal for gear and seasonal items, as well as two lockable ski closets. Enjoy a full suite of HOA amenities, including a pool, hot tub, sauna, and two tennis courts. World-class skiing at Palisades Tahoe is just minutes from your front door. Lake Tahoe and Historic downtown Truckee are just a quick drive away, a few miles away. With easy access to paved and dirt biking trails and hiking paths, this condo is perfectly suited as a full-time residence, weekend escape, or investment opportunity. Short-term rental history available. A rare chance to own a versatile mountain retreat in one of Olympic Valley’s most desirable locations. Welcome home to your own Tahoe...

Listed by Scott Willers — Compass

Listing Details

Status Active
MLS # 20260073
Days on Market 62
Price/Sq Ft $511

Property History

Jan 17, 2026
Listed for sale
$849,000
Property Overview
Beds 3
Baths 3.0
Sq. Ft. 1,660
Stories 3
Year Built 1982
Property Type Residential
Style Bavarian
Subdivision Olympic Valley
APN 096-460-015
Parking
Parking Features None
Exterior & Lot
Exterior Features High Ceilings,Rental History,High Speed Internet
Lot Features Upslope
View Mountain
Construction Stucco
Roof Composition
Foundation Perim Concrete
Utilities & Systems
Heating Propane,CFAH
Financial
HOA Fee $1,397
HOA & Community
Community Amenities Pool,Tennis Courts,Other/See Remarks
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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% ($169,800)
Home price
$849,000
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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