Olympic Valley Homes for Sale

About Olympic Valley

Olympic Valley is one of the most iconic mountain destinations in North America. Home to Palisades Tahoe (formerly Squaw Valley Alpine Meadows), the valley hosted the 1960 Winter Olympics and continues to attract skiers, snowboarders, and outdoor enthusiasts from around the world. The 2022 completion of the Base-to-Base Gondola connecting Palisades Tahoe and Alpine Meadows created the largest ski area in the Lake Tahoe region with over 6,000 acres of skiable terrain, 8 peaks, 42 lifts, and 270+ trails.

Real estate in Olympic Valley spans a remarkable range: from Village condos in the mid-$300,000s to luxury single-family estates exceeding $8 million. The median list price sits around $1.4 million, with single-family residences typically ranging from $1.8M to $4M and condos from under $500K to $1.9M. The Village at Palisades Tahoe provides a European-style pedestrian base area with shops, restaurants, and 286 condominiums, while the Everline Resort & Spa (formerly Resort at Squaw Creek) offers resort-style ownership with ski-in/ski-out access, a championship golf course, and full-service amenities.

Beyond the resort core, Olympic Valley offers quiet residential neighborhoods with single-family homes on wooded lots, and the adjacent Alpine Meadows area provides its own distinct character with a mix of condos, townhomes, and mountain residences. The valley is located approximately 10 minutes from Tahoe City via Highway 89, with year-round access and summer programming including mountain biking, hiking, festivals, and the Everline golf course.

Current Market Snapshot (as of Early 2026)

Median List Price: ~$1,400,000
Median Price Per Sq Ft: $868–$983
Average Days on Market: 99–123 days
Market Condition: Limited inventory; sales exceeding new listings. Active slopeside listings down 12% vs. three-year average.

Market data is sourced from our direct MLS integration and Placer County transaction records. Olympic Valley's mix of Village condos and luxury estates creates wide price variation by property type.

Placer County Tax Information

Tax Type	Olympic Valley (Placer County, CA)
Property Tax Rate	~1.1% of assessed value
Transient Occupancy Tax (TOT)	12% on short-term rentals
State Income Tax	Up to 13.3% (California)

Olympic Valley is in Placer County, California. For buyers seeking Nevada tax advantages (no state income tax), Incline Village is approximately 45 minutes east.

Short-Term Rental Investment

Olympic Valley is one of the strongest STR markets in the Tahoe region due to its world-class ski resort and year-round programming. Placer County's STR permit cap of 3,900 for the North and West Shore has not been reached, with approximately 500 permits still available as of early 2025. Village condos and ski-in/ski-out properties command premium nightly rates, particularly during winter peak weeks and summer festival weekends. View our Olympic Valley STR Investment Guide →

Explore Olympic Valley Neighborhoods

Village & Resort

The Village at Palisades Tahoe condos and Everline Resort & Spa. Ski-in/ski-out, shops, and dining. $350K–$2M+

Residential Neighborhoods

Single-family homes, Alpine Meadows area condos, and mountain estates. $900K–$4M+

STR Investment Guide

Placer County permit rules, ski resort demand, and ROI analysis for Olympic Valley vacation rentals.

Olympic Valley Neighborhoods & Areas

The Village at Palisades Tahoe — European-style pedestrian village at the base

The Village at Palisades Tahoe is the resort's pedestrian base area, modeled after European ski villages. The first level is entirely commercial — restaurants, shops, art galleries, and nightlife — with 286 condominiums on the upper floors across multiple buildings. Units range from studios to two-bedrooms (523–1,786 sq ft) with prices from the mid-$300,000s to $1.95M. The Village provides direct gondola access to the mountain and is the social hub of the valley. Most units participate in vacation rental programs, making this a popular investment play.

Everline Resort & Spa — Full-service resort with ski-in/ski-out and golf

The Everline Resort & Spa (formerly Resort at Squaw Creek) is a Destination by Hyatt property offering 405 accommodations with ski-in/ski-out access, a Robert Trent Jones Jr. championship golf course, multiple pools, a full-service spa, and on-site dining. Privately owned condos within the resort range from studios to three-bedrooms with views of the valley, golf course, and ski slopes. Owners benefit from Hyatt's rental management program and resort-level amenities. The property sits at the west end of the valley with direct access to Squaw Creek chairlift.

Olympic Valley Floor — Single-family estates in a meadow setting

The valley floor between the Village and Everline Resort features single-family residences on spacious lots surrounded by meadows and Ponderosa pines. These homes offer a sense of seclusion while remaining minutes from the ski lifts. The area has seen significant value increases following the 2022 Base-to-Base Gondola opening, which enhanced connectivity to Alpine Meadows. Homes here typically range from $1.8M to $4M+, with luxury estates exceeding $8M. This is where Olympic Valley transitions from resort to residential mountain community.

Alpine Meadows Area — Quieter mountain community with its own base lodge

Alpine Meadows, now connected to Palisades Tahoe via the Base-to-Base Gondola, maintains its own distinct character as a quieter, more locals-oriented community. Condo and townhome developments include Alpine Manor Townhouses, Alpine Meadows Condominiums, Alpine Place Clock Tower Condos, and River Run Condos. The median sale price in Alpine Meadows Estates is approximately $1.85M with a price per square foot around $730. The area attracts buyers who prefer a less commercial atmosphere with direct access to Alpine Meadows' renowned terrain.

Shirley Canyon & Christy Hill — Trailside living near the mountain

Shirley Canyon and Christy Hill are residential areas on the south side of Olympic Valley, tucked against the mountain slopes. Shirley Canyon Condos offer proximity to the popular Shirley Canyon hiking trail, while Christy Hill provides elevated homes with views across the valley. These neighborhoods appeal to outdoor enthusiasts who want immediate trailhead access combined with the convenience of the Village and resort amenities just minutes away. Properties range from condos in the $500,000s to single-family homes over $2M.

Why Olympic Valley?

✓ Home to Palisades Tahoe — largest ski area in the Tahoe region (6,000+ acres)
✓ 1960 Winter Olympics legacy and world-class resort infrastructure
✓ Base-to-Base Gondola connecting Palisades Tahoe and Alpine Meadows
✓ Village at Palisades Tahoe — European-style pedestrian base with shops and dining
✓ Everline Resort & Spa with championship golf and ski-in/ski-out access
✓ Strong year-round vacation rental demand (ski season + summer festivals)
✓ 10 minutes from Tahoe City, year-round Highway 89 access

Olympic Valley Real Estate FAQs

What is the median home price in Olympic Valley?

As of early 2026, the median list price in Olympic Valley is approximately $1.4 million. Village condos start in the mid-$300,000s, while single-family homes on the valley floor range from $1.8M to $4M. Luxury slopeside estates can exceed $8 million. Alpine Meadows Estates has a median sale price around $1.85M.

What is the difference between Olympic Valley and Palisades Tahoe?

Olympic Valley is the community and geographic location — the actual valley where people live and own property. Palisades Tahoe is the name of the ski resort (formerly Squaw Valley Alpine Meadows) located within Olympic Valley. Real estate listings may use either name, and both refer to the same area.

Are short-term rentals allowed in Olympic Valley?

Yes. Olympic Valley falls under Placer County's STR program with a cap of 3,900 permits for the North and West Shore. Approximately 500 permits remain available as of early 2025. Properties must pass fire safety and defensible space inspections, and owners pay a 12% Transient Occupancy Tax. Village condos and Everline Resort units are particularly popular as vacation rentals.

What did the Base-to-Base Gondola do for property values?

The Base-to-Base Gondola, completed in 2022, connects Palisades Tahoe and Alpine Meadows via a 16-minute ride spanning nearly 2,000 vertical feet. It created the largest interconnected ski area in Tahoe (6,000+ acres) and increased nearby property values by an estimated 12% in its first year. The gondola particularly boosted demand for valley floor estates and Alpine Meadows properties.

Is Olympic Valley a good investment for vacation rentals?

Olympic Valley is one of the strongest STR markets in the Tahoe region. Proximity to a world-class ski resort drives winter demand, while summer festivals, mountain biking, hiking, and golf sustain bookings year-round. Ski-in/ski-out and Village-adjacent properties command the highest nightly rates. Placer County STR permits are available and the 3,900 cap has not been reached.

Homes for Sale in Olympic Valley

About Olympic Valley

Current Market Snapshot (as of Early 2026)

Placer County Tax Information

Short-Term Rental Investment

Explore Olympic Valley Neighborhoods

Village & Resort

Residential Neighborhoods

STR Investment Guide

Olympic Valley Neighborhoods & Areas

Why Olympic Valley?

Short-Term Rental Investment in Olympic Valley

STR Regulations

Tax Information

Olympic Valley Resources & Guides

STR Investment Guide: Olympic Valley

Placer County STR Rules & Regulations

Sell Your Home in Olympic Valley

Olympic Valley Market Analysis

Your Olympic Valley Agent

Vacation Rental Properties

Ready to Explore Olympic Valley?

Olympic Valley Real Estate FAQs

Nearby Communities

Palisades Tahoe

Tahoe City

Northstar

Truckee

Work with a Olympic Valley Expert