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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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    $19,663/mo

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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#: 20230050MLS Logo

    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

    DateEventPrice
    11/13/2023Sold$3,100,000-6%$746/sqft
    Source: TSMLS #20230050 Report a problem
    10/24/2023Pending sale$3,299,000$794/sqft
    Source: TSMLS #20230050 Report a problem
    10/10/2023Price change$3,299,000-8.3%$794/sqft
    Source: TSMLS #20230050 Report a problem
    5/20/2023Price change$3,599,000-5.2%$866/sqft
    Source: TSMLS #20230050 Report a problem
    3/19/2023Price change$3,795,000-5%$913/sqft
    Source: TSMLS #20230050 Report a problem

    Public tax history

    YearProperty taxesTax 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
    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