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For sale
  • $1,499,000

    1540 Olympic Valley Rd, Olympic Valley, CA 96146

    3beds
    1,250sqft
    : 
    $10,079/mo
    Get pre-qualified
    Single Family Residence
    Built in 1956
    -- sqft lot
    $1,440,200 Zestimate®
    $1,199/sqft
    $-- HOA

    What's special

    Expansive picture windows
    Location is the one thing you can never change and this property places you exactly where you want to be. Situated in the heart of Olympic Valley, this three bedroom, two bath home offers an exceptional vantage point with views rarely found from the Village. Look down the valley toward KT-22, Red Dog, the Tram Face, and the Village, or across the valley toward the Everline Resort golf course. Surrounded by the dramatic beauty of the Sierra Nevada, this home is truly special in every season. In winter, cozy up by the fireplace and watch the snow fall through expansive picture windows. After a morning on the slopes, return home for lunch before heading back out for an afternoon on the mountain. Throughout the year, captivating sunrises and breathtaking sunsets provide an ever changing natural backdrop from morning to night. Enjoy the unmatched convenience of living in the heart of Olympic Valley, with hiking and biking trails right at your fingertips. Whether you are looking for a primary residence, vacation retreat, or income-producing property, this home presents an incredible opportunity to embrace everything the valley has to offer. When Palisades Tahoe comes alive with celebrations, events, and activities, you will be right in the middle of it all. A classic Olympic Valley chalet, the home is ready for its next chapter and a fresh vision. Enjoy it as it is today or thoughtfully reimagine it to create a mountain retreat uniquely your own.
    39 days
    948
    49

    Zillow last checked:

    Listing updated:

    Listed by:

    Chelsea R Prado 844-711-1333,

    Allison James Estates & Homes,

    Dionne Pope 530-448-0929,

    Allison James Estates & Homes

    Source: TSMLS,MLS#: 20261815MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Heating
      • Propane, Wood Stove
      Appliances
      • Included: Oven, Microwave, Disposal, Dishwasher, Refrigerator, Washer, Dryer
      • Laundry: In Kitchen
      Features
      • High Ceilings, Mud Room
      • Flooring: Wood, Tile, Vinyl, Mixed
      • Has fireplace: Yes
      • Fireplace features: Fireplace: Living Room, Woodstove: Living Room
      Interior area
      • Total structure area: 1,250
      • Total interior livable area: 1,250 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Two, Attached
      • Attached garage spaces: 2
      Features
      • Levels: Two
      • Patio & porch: Deck(s): 1
      • Has view: Yes
      • View description: Mountain(s), Golf Course, Ski Resort, Meadow
      Lot
      • Features: Street
      • Topography: Gently Rolling
      Details
      • Additional structures: Outbuilding
      • Parcel number: 096101005
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Chalet
      • Property subtype: Single Family Residence
      Materials
      • Frame
      • Roof: Composition
      Condition
      • Used
      • New construction: No
      • Year built: 1956

      Utilities & green energy

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

      Community & HOA

      Community
      • Security: Security System, Audio Surveillance, Closed Circuit Camera(s)
      • Subdivision: Olympic Valley
      HOA
      • Has HOA: No
      Location
      • Region: Olympic Valley

      Financial & listing details

      • Price per square foot: $1,199/sqft
      • Tax assessed value: $1,125,000
      • Price range: $1.5M - $1.5M
      • Date on market: 8/29/2026

        Estimated market value

        $1,440,200

        $1.37M - $1.51M

        $6,054/mo

        Price history

        DateEventPrice
        8/29/2026Listed for sale$1,499,000+24.9%$1,199/sqft
        Source: TSMLS #20261815 Report a problem
        7/27/2026Listing removed$6,000$5/sqft
        Source: Zillow Rentals Report a problem
        7/7/2026Price change$6,000+20%$5/sqft
        Source: Zillow Rentals Report a problem
        6/29/2026Listed for rent$5,000$4/sqft
        Source: Zillow Rentals Report a problem
        11/16/2020Listing removed$1,200,000$960/sqft
        Source: RE/MAX North Sierra #20201973 Report a problem
        7/29/2020Listed for sale$1,200,000$960/sqft
        Source: RE/MAX North Sierra #20201973 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026-- $1,125,000 -2%
        2025$12,951 +752.5%$1,147,500 +1300.4%
        2024$1,519 +5.2%$81,938 +2%
        2023$1,444 +7.9%$80,332 +2%
        2022$1,338 +2.6%$78,758 +2%
        2021$1,304 -0.1%$77,215 +1%
        2020$1,305 $76,425 +2%
        2019$1,305 +34.3%$74,927 +2%
        2018$972 +1.7%$73,458 +2%
        2017$956 +0.9%$72,018 +2%
        2016$947 +1.8%$70,607 +1.5%
        2015$931 +2.6%$69,547 +2%
        2014$907 $68,185 +0.5%
        2013-- $67,878 +2%
        2012-- $66,548 +2%
        2011-- $65,244 +0.8%
        2010-- $64,758 -0.2%
        2009-- $64,913 +2%
        2008-- $63,641 +2%
        2007-- $62,394 +2%
        2006-- $61,171 +2%
        2005-- $59,972 +2%
        2004-- $58,797 +1.9%
        2003-- $57,721 +2%
        2002-- $56,590 +2%
        2001-- $55,481 +2%
        2000-- $54,394
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 96146

        Getting around

        37 / 100
        Car-Dependent
        53 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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