Hot Tahoe Opportunity | STR-Friendly + High Demand Location. Welcome to one of the most compelling opportunities currently available in Tahoe—where lifestyle, location, and income potential align with the ability to walk right into a "turn key" home! Tucked into the trees at Tavern Inn, this beautifully updated upper-level condo is already generating strong interest thanks to its short-term rental eligibility, flexible layout, and prime proximity to Palisades Tahoe and Lake Tahoe. Step inside to a bright, open living space centered around a cozy fireplace, flowing effortlessly to a private deck overlooking a peaceful wooded setting. It’s the kind of space buyers are actively searching for—turnkey, inviting, and ready to enjoy immediately. The spacious loft adds valuable versatility for additional sleeping, entertaining, or work-from-home space—making this property stand out from others in the community. With updated kitchen finishes, in-unit laundry, a detached garage, furnishings that can stay..... (just bring your toothbrush) and access to resort-style amenities including pool, spa, sauna, and courts, this home checks the boxes for both personal use and investment performance.
For sale
$845,000
227 Olympic Valley Rd, Olympic Valley, CA 96146
2beds
--baths
1,634sqft
Est.:
Condo/Townhome/PUD
Built in 2000
-- sqft lot
$1,398,400 Zestimate®
$517/sqft
$1,367/mo HOA
What's special
Cozy fireplaceDetached garageBright open living spaceFurnishings that can stayIn-unit laundryUpdated kitchen finishes
- 11 hours |
- 52 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: 18 hours ago
Listed by:
Kaili N Sanchez 530-386-2287,
COMPASS
Source: TSMLS,MLS#: 20260392
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
Heating
- CFAH
Appliances
- Included: Range, Oven, Microwave, Disposal, Dishwasher, Refrigerator, Washer, Dryer
- Laundry: In Hall
Features
- Pantry, High Ceilings, Phone, High Speed Internet, Loft, Family Room
- Flooring: Carpet, Wood, Stone, Mixed
- Has fireplace: Yes
- Fireplace features: Fireplace: Living Room, Gas Fireplace
Interior area
- Total structure area: 1,634
- Total interior livable area: 1,634 sqft
Property
Parking
- Total spaces: 1
- Parking features: Detached, Garage Door Opener, One
- Garage spaces: 1
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck(s): 1
- Pool features: Swimming Pool
- Spa features: Hot Tub
- Has view: Yes
- View description: Trees/Woods, Mountain(s), Ski Resort
Lot
- Features: Common Area, Landscaped, Tennis Court
- Topography: Level
Details
- Parcel number: 096460053000
- Special conditions: Standard
Construction
Type & style
- Home type: Townhouse
- Architectural style: Mountain
- Property subtype: Condo/Townhome/PUD
Materials
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Updated/Remodeled
- New construction: No
- Year built: 2000
Utilities & green energy
- Sewer: Utility District
- Water: Utility District
- Utilities for property: Natural Gas Available, Cable Connected
Community & HOA
Community
- Security: Closed Circuit Camera(s)
- Subdivision: Olympic Valley
HOA
- Has HOA: Yes
- Amenities included: Pool, Tennis Court(s)
- HOA fee: $1,367 monthly
Location
- Region: Olympic Valley
Financial & listing details
- Price per square foot: $517/sqft
- Price range: $845K - $845K
- Date on market: 3/26/2026
- Listing agreement: EXCLUSIVE RIGHT
- Listing terms: Cash To New Loan
Estimated market value
$1,398,400
$1.16M - $1.71M
$4,532/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/26/2026 | Listed for sale | $845,000$517/sqft |
Source:  TSMLS #20260392 Report a problem | ||
| 10/11/2024 | Listing removed | $4,500$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/28/2024 | Listed for rent | $4,500$3/sqft |
Source: Zillow Rentals Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$6,459/mo
Principal & interest
$4339
HOA Fees
$1367
Property taxes
$753
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Climate risks
Neighborhood: 96146
Nearby schools
GreatSchools rating
- 9/10Tahoe Lake Elementary SchoolGrades: K-5Distance: 4 mi
- 6/10North Tahoe SchoolGrades: 6-8Distance: 4.5 mi
- 9/10North Tahoe High SchoolGrades: 9-12Distance: 4.5 mi
Local experts in 96146
- California
- Placer County
- Olympic Valley
- 96146
- 227 Olympic Valley Rd
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