$559,000
201 Shirley Canyon Road #152
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.
1.0 Baths
·
550 Sq Ft
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About This Property

Experience effortless mountain living in this inviting ground floor unit in Palisades Tahoe Lodge, truly a ski-in/ski-out community. Unit #152 features flexible sleeping area with a sliding partition, comfortable living space with a resort kitchen and a full bathroom. Amenities and activities include covered parking, seasonal heated pool, indoor and outdoor hot tubs, sauna, steam room, fitness center, tennis courts,business center and more. Step outside and enjoy immediate access to the slopes of the world renown ski area of Palisades Tahoe, plus nearby pedestrian village with dining and shopping. Just minutes from blue waters of Lake Tahoe, this condo offers the perfect blend of year round alpine adventure and relaxing mountain retreat, and can be the perfect vacation getaway or income-producing rental.

Listed by Chiara Gajar — Lawrence Realty

Listing Details

Status Active
MLS # 20260332
Days on Market 5
Price/Sq Ft $1,016

Property History

Mar 13, 2026
Listed for sale
$559,000
Property Overview
Baths 1.0
Sq. Ft. 550
Stories 1
Property Type Residential
Style Mountain
Subdivision Olympic Valley
APN 096-601-010
Parking
Parking Features One
Exterior & Lot
Exterior Features Phone,Cable TV,Rental History,Swimming Pool,Tennis Court,Hot Tub,Sauna,Ski In/Ski Out
Lot Features Level
View Mountain
Utilities & Systems
Heating Propane,CFAH
Financial
HOA Fee $1,679
HOA & Community
Community Amenities Pool,Tennis Courts,Down Hill Skiing,Exercise Equipment,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% ($111,800)
Home price
$559,000
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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