Sold for $3,100,000 on 11/13/23
$3,100,000
1500 Olympic Valley Rd, Olympic Valley, CA 96146
5beds
4,155sqft
Single Family Residence
Built in 1956
-- sqft lot
$3,295,500 Zestimate®
$746/sqft
$7,036 Estimated rent
Home value
$3,295,500
$2.97M - $3.69M
$7,036/mo
Zestimate® history
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Owner options
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What's special
Improved price! Superb Location for this Incredible Custom Home Discover this exceptional custom home situated in a prime location just a short stroll from the renowned Olympic Village. Boasting breathtaking views of the Palisades Tahoe Resort, KT22, the Meadow, and Golf Course, this stunning residence offers the perfect setting for your dream lifestyle. Leave the car behind and enjoy a leisurely walk to Palisades! Imagine relishing your APRES ski meal while marveling at the majestic KT-22 and the awe-inspiring granite-peaked mountains. Originally rebuilt in 2007, no expense was spared in transforming this 4100+ sq ft home into a masterpiece of handcrafted mountain living. Indulge in the floor-to-ceiling river rock fireplace, sourced from the local Truckee River, which serves as a captivating centerpiece. The expansive great room creates a warm and inviting atmosphere, complemented by a game loft featuring a pool table and panoramic views that will leave you spellbound. Revel in the beauty of the reclaimed wood flooring, while the true chef's kitchen beckons with its 26-foot bar and top-of-the-line appliances, including Viking, GE Monogram, Fisher Paykel, and Dacor. Three out of the five bedrooms are en-suite, offering luxurious comfort, and near floor-to-ceiling windows frame the iconic granite-peaked Palisades Resort (also known as Squaw Valley). Adding to the home's charm is a window crafted from a retired ski lift bull-wheel, flooding the interior with natural light. Entertainment is a breeze in the spacious and open great room, equipped with a custom-designed sound system for your enjoyment while watching a great movie. Meanwhile, the gourmet custom-built Alder wood kitchen leaves no desire unmet, boasting an electric wall oven with a warming drawer, a gas cooktop with an impressive side grill, a built-in microwave and espresso system, an oversized side-by-side refrigerator and freezer, a separate beverage cooler, a trash compactor, and a dishwasher. The 26' bar serves as the perfect spot to serve a chef's breakfast or host larger gatherings, seamlessly connecting to the expansive great room. When the weather is pleasant, the outdoor patio offers additional space for relaxation, and it has been pre-wired for your convenience if you wish to add a spa. Additional features of this remarkable home include wood-wrapped steel and laminate beams, reclaimed barn-wood flooring, a Baylin roof heating system, and a copper gutter system designed to facilitate snow melt. Don't miss out on the opportunity to own this extraordinary custom home that harmonizes luxury, craftsmanship, and an unbeatable location. Schedule a viewing today and experience the epitome of mountain living at its finest.
Zillow last checked: 8 hours ago
Listing updated: November 13, 2023 at 03:34pm
Listed by:
William A Morton 530-414-8050,
Alpine Luxe Properties
Bought with:
William A Morton, DRE #01227641
Alpine Luxe Properties
Source: TSMLS,MLS#: 20230050
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Propane
Appliances
- Included: Disposal, Dishwasher, Trash Compactor, Refrigerator, Washer, Dryer, Other
- Laundry: Laundry Room
Features
- High Ceilings, High Speed Internet, Loft, Great Room
- Flooring: Carpet, Wood
- Has fireplace: Yes
- Fireplace features: Fireplace: Living Room, Stone, Woodstove: None
Interior area
- Total structure area: 4,155
- Total interior livable area: 4,155 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached, Insulated, Plumbing, Garage Door Opener, Parking Pad, Two
- Attached garage spaces: 2
Accessibility
- Accessibility features: Accessible Entrance
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck(s): 1
- Has view: Yes
- View description: Panoramic, Mountain(s), Golf Course, Ski Resort, Meadow
Lot
- Features: Street
- Topography: Upslope,Gently Rolling
Details
- Additional structures: None
- Parcel number: 096110006000
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Mountain
- Property subtype: Single Family Residence
Materials
- Frame, Masonry, Wood Siding, Steel Siding
- Foundation: Concrete Perimeter, Slab
- Roof: Composition
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1956
Utilities & green energy
- Sewer: Utility District
- Water: Water Company
- Utilities for property: Propane, Cable Connected
Green energy
- Energy efficient items: Reclaimed Lumber, Insulation
Community & neighborhood
Security
- Security features: Security System, Closed Circuit Camera(s)
Community
- Community features: Gated: No
Location
- Region: Olympic Valley
- Subdivision: Squaw Valley
Other
Other facts
- Listing agreement: EXCLUSIVE RIGHT
- Listing terms: Cash To New Loan
Price history
| Date | Event | Price |
|---|---|---|
| 11/13/2023 | Sold | $3,100,000-6%$746/sqft |
Source: | ||
| 10/24/2023 | Pending sale | $3,299,000$794/sqft |
Source: | ||
| 10/10/2023 | Price change | $3,299,000-8.3%$794/sqft |
Source: | ||
| 5/20/2023 | Price change | $3,599,000-5.2%$866/sqft |
Source: | ||
| 3/19/2023 | Price change | $3,795,000-5%$913/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $34,152 +3.2% | $3,136,500 +2% |
| 2024 | $33,098 +108.2% | $3,075,000 +115.9% |
| 2023 | $15,900 +2% | $1,424,011 +2% |
Find assessor info on the county website
Neighborhood: 96146
Nearby schools
GreatSchools rating
- 6/10Tahoe Lake Elementary SchoolGrades: K-5Distance: 4.9 mi
- 6/10North Tahoe SchoolGrades: 6-8Distance: 5.8 mi
- 10/10North Tahoe High SchoolGrades: 9-12Distance: 5.8 mi
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$3,295,500
2% more+ $65,910
With Zillow Showcase(estimated)
$3,361,410