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Sold for $4,750,000
  • $4,750,000

    1509 Lanny Ln, Olympic Valley, CA 96146

    4beds
    4,532sqft
    Single Family Residence
    Built in 1999
    0.39 Acres Lot
    $5,419,400 Zestimate®
    $1,048/sqft
    $7,059 Estimated rent

    Home value

    $5,419,400

    $4.71M - $6.29M

    $7,059/mo

    Zestimate® history
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    $29,436/mo

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    What's special

    Luxurious mountain living meets unparalleled convenience at 1509 Lanny Lane, situated in Olympic Valley’s most desirable location just seconds to Palisades Tahoe. Crafted by esteemed builder Billy Carini, this property is a testament to quality construction with impeccable design, courtesy of Ward Young Architecture. Upon entering, stone floors lead you to the expansive great room that showcases soaring wood-beamed ceilings and rich hickory hardwood floors. The living room is anchored by a wood-burning stone-facade fireplace, and seamlessly merges with the chef’s kitchen, boasting a curved center island, top-tier appliances, custom cabinetry, a pantry, and breakfast nook. Massive windows and sliding glass doors lead to a large deck, and frame the stunning views of Tram Face and KT22/The Fingers. The primary suite, located on the main level, offers a balcony, walk-in closet, and spa-like bath complete with a sauna. Downstairs, 3 additional bedrooms, 3 bathrooms, and an office area provide ample space for friends and family to have their privacy. When game night rolls around, the recreation room is where it’s at, with a pool table, foosball, TV area, and wet bar, and direct access to the covered hot tub that sits next to an original KT22 lift chair. Recent upgrades in 2023 include new decks, refurbished copper gutters, a new boiler and water storage tank, new SubZero refrigerators, new washer and dryer, and driveway sealing. Additional luxuries abound, with a heated two car garage, under-stone heating in the front walkway, built-in dog washing tub, undergrounded utilities, a 1,000 gallon underground propane tank, a fully landscaped yard, and a circular driveway with two additional parking spaces. Experience seamless winter access to Palisades Tahoe, where adventure awaits just moments from your doorstep - leave your car behind!

    Zillow last checked:

    Listing updated:

    Listed by:

    Jamison Blair 530-277-8654,

    COMPASS

    Bought with:

    Michael P Montalbano, DRE #01976855

    Tahoe Mountain Realty

    Ming Poon, DRE #02148389

    Source: TSMLS,MLS#: 20241478MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Heating
    • CFAH, In Floor
    Appliances
    • Included: Range, Oven, Disposal, Dishwasher, Refrigerator, Washer, Dryer, Other
    • Laundry: Laundry Room
    Features
    • Pantry, High Ceilings, Sauna, Great Room, Office, Rec Room, Formal Dining, Mud Room
    • Flooring: Carpet, Wood, Stone
    • Has fireplace: Yes
    • Fireplace features: Fireplace: Living Room
    Interior area
    • Total structure area: 4,532
    • Total interior livable area: 4,532 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Two, Attached, Insulated, Parking Pad
    • Attached garage spaces: 2
    Features
    • Levels: Two
    • Patio & porch: Deck(s): 3 or more
    • Spa features: Hot Tub
    • Has view: Yes
    • View description: Trees/Woods, Mountain(s), Ski Resort
    Lot
    • Size: 0.39 Acres
    • Features: Street, Landscaped
    • Topography: Downslope,Gently Rolling
    Details
    • Additional structures: None
    • Parcel number: 096122009000
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Mountain
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding
    • Foundation: Concrete Perimeter
    • Roof: Composition
    Condition
    • Like New
    • New construction: No
    • Year built: 1999

    Utilities & green energy

    • Sewer: Utility District
    • Water: Utility District
    • Utilities for property: Propane

    Community & neighborhood

    Security
    • Security features: Security System
    Community
    • Community features: Gated: No
    Location
    • Region: Olympic Valley
    • Subdivision: Olympic Valley

    Price history

    DateEventPrice
    9/16/2024Sold$4,750,000+11.8%$1,048/sqft
    Source: TSMLS #20241478 Report a problem
    8/25/2024Pending sale$4,250,000$938/sqft
    Source: TSMLS #20241478 Report a problem
    7/17/2024Price change$4,250,000-22.7%$938/sqft
    Source: TSMLS #20241478 Report a problem
    5/11/2024Listed for sale$5,500,000$1,214/sqft
    Source: TSMLS #20240718 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$44,880 +130.2%$4,150,000 +132.4%
    2024$19,495 +0.4%$1,785,674 +2%
    2023$19,414 +1.9%$1,750,662 +2%
    2022$19,045 +2.2%$1,716,336 +2%
    2021$18,635 +1.5%$1,682,684 +1%
    2020$18,351 $1,665,431 +2%
    2019$18,351 +3.3%$1,632,776 +2%
    2018$17,767 +1.9%$1,600,762 +2%
    2017$17,436 +1%$1,569,375 +2%
    2016$17,261 +2%$1,538,604 +1.5%
    2015$16,919 +3%$1,515,493 +2%
    2014$16,424 $1,485,808 +0.5%
    2013-- $1,479,094 +2%
    2012-- $1,450,093 +2%
    2011-- $1,421,661 +0.8%
    2010-- $1,411,037 -0.2%
    2009-- $1,414,390 +2%
    2008-- $1,386,658 +2%
    2007-- $1,359,470 +2%
    2006-- $1,332,815 +2%
    2005-- $1,306,682 +2%
    2004-- $1,281,062 +1.9%
    2003-- $1,257,584 +2%
    2002-- $1,232,926 +2%
    2001-- $1,208,751 +242%
    2000-- $353,458

    Find assessor info on the county website

    Neighborhood: 96146

    Nearby schools

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    Estimated market value
    $5,419,400
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $5,419,400