$550,000
201 Shirley Canyon Road #118
Olympic Valley, NV 96146
✓ STR Allowed — Permit Required
Placer County STR permit required. County-wide cap of 3,900 permits — new permits available until cap is reached.
1.0 Baths
·
581 Sq Ft

About This Property

Experience elevated slopeside living at Palisades Tahoe Lodge, ideally positioned mountainside at the base of Palisades Tahoe. This Extended Deluxe Studio offers true ski-in, ski-out convenience with immediate lift access, with no parking reservations and no ski traffic, just effortless days on the mountain and seamless evenings in the Village. Thoughtfully designed for both comfort and functionality, the spacious layout features a defined sleeping area, generous living space, and a fully equipped kitchenette ideal for extended stays or weekend escapes. Large windows invite in natural light and alpineambiance, while the private bath with an oversized tub creates the perfect setting to unwind after a day on the slopes. Experience an unparalleled mountain lifestyle at Palisades Tahoe Lodge, offering true ski-in ski-out living paired with full-service resort-style amenities. Owners enjoy 24-hour front desk and concierge services, effortless access to world-class terrain, a fully equipped health club and spa, sauna and steam rooms, and five hot tubs, two indoor and three outdoor, foryear-round relaxation. Additional amenities include a seasonal heated outdoor pool, high-speed internet, a ski check room with valet ski tuning, housekeeping for seamless lock-and-leave ownership, covered parking, and convenient bike storage during the summer months. For those seeking income potential, the property can be easily placed in the on-site rentalprogram, offering a streamlined investment opportunity while maintaining personal-use flexibility. Just steps from PalisadesTahoe Village and only six miles from Lake Tahoe, this is premier slopeside ownership in one of North Tahoe’s most sought-after resort communities.

Listed by Jovanah McKinney — Sierra Sotheby's Int - Rock

Listing Details

Status Active
MLS # 20260243
Days on Market 20
Price/Sq Ft $947

Property History

Feb 26, 2026
Listed for sale
$550,000
Property Overview
Baths 1.0
Sq. Ft. 581
Stories 1
Year Built 1987
Property Type Residential
Style Mountain
Subdivision Olympic Valley
APN 096-551-017-000
Parking
Parking Features One
Exterior & Lot
Exterior Features Landscaping,Phone,Cable TV,Rental History,Swimming Pool,Tennis Court,High Speed Internet,Hot Tub,Sauna,Ski In/Ski Out
Lot Features Level,Varies
View Peek,Filtered,Mountain,Ski Resort
Construction Framed
Roof Composition
Foundation Perim Concrete
Utilities & Systems
Heating Propane,CFAH
Financial
HOA Fee $1,679
HOA & Community
Community Amenities Pool,Tennis Courts,Other/See Remarks
📊

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% ($110,000)
Home price
$550,000
Loan details
30-yr fixed, 6.5%
Request a Tour
Murat Gocmen
Murat Gocmen
Real Estate Agent
License #CA 02235314

Send a Message

Or call directly: 9166671444