$989,000
227 Olympic Valley Road #24
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
·
3.5 Baths
·
1,660 Sq Ft

About This Property

Welcome to 227 Olympic Valley Road #24, located in the heart of Olympic Valley, CA. This stunning 3-bedroom, 3.5-bathroom townhouse offers a perfect combination of comfort, luxury, and forest views from almost every room. Step inside to discover a fully furnished interior that invites you to relax and unwind. The open floor plan enhances the sense of space, featuring an abundance of natural light and tasteful furnishings that are both stylish and functional. Each bedroom is a private sanctuary, with its own attached bathroom, providing the utmost in privacy and convenience for family or guests. The addition of a dining room surrounded by windows is the perfect place to gather for a meal with family and friends. Five decks allow you to take in nature from the privacy and comfort of your own home. The dining room and downstairs sitting room are not included in advertised square footage, giving you even more living space to enjoy. You won't find another townhouse like this one in the Tavern Inn. Outdoors, enjoy the community pool, tennis and pickle ball courts, spa and sauna. Whether you're looking for a year-round residence, a vacation home, or an investment property, this turn-key townhouse is ready to meet your needs. Just behind the neighborhood you'll find hiking and mountain bike trails and the paved bike path for access to the Village at Palisades or a ride along the Truckee River. Don’t miss your opportunity to own this incredible home in the desirable Olympic Valley area, just minutes from Palisades Tahoe. Schedule your showing today and experience all that Tavern Inn #24 has to offer.

Listed by Jamison Blair — COMPASS

Listing Details

Status Active
MLS # 20260407
Days on Market 1
Price/Sq Ft $596

Property History

Mar 26, 2026
Listed for sale
$989,000
Property Overview
Beds 3
Baths 3.5
Sq. Ft. 1,660
Stories 3
Year Built 1982
Property Type Residential
Style Bavarian
Subdivision Olympic Valley
APN 096-460-024-000
Parking
Parking Features None
Exterior & Lot
Exterior Features Rental History,Tennis Court,Hot Tub,Sauna
Lot Features Upslope,Gentle
View Wooded,Mountain
Construction Stucco
Roof Composition
Utilities & Systems
Heating Propane
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% ($197,800)
Home price
$989,000
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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