Convenient mountain living at its best in this end-unit townhome at the Tavern Inn in Olympic Valley/Palisades Tahoe! Ideally positioned for privacy and natural light, this three-story residence features a thoughtfully designed layout, with the main living area located on the middle level, perfect for gathering and entertaining. The living room is anchored by a wood-burning stone fireplace, which creates a warm, alpine ambiance. It opens to a west-facing deck where you can relax and enjoy sunsets after a day on the slopes at Palisades or hiking in Shirley Canyon. The upper-level features two comfortable bedrooms with vaulted ceilings and one and a half bathrooms. The lower level offers an expansive third bedroom/flex room, full bathroom, plus a large lock-off storage room, ideal for gear and seasonal items, as well as two lockable ski closets. Enjoy a full suite of HOA amenities, including a pool, hot tub, sauna, and two tennis courts. World-class skiing at Palisades Tahoe is just minutes from your front door. Lake Tahoe and Historic downtown Truckee are just a quick drive away, a few miles away. With easy access to paved and dirt biking trails and hiking paths, this condo is perfectly suited as a full-time residence, weekend escape, or investment opportunity. Short-term rental history available. HOA dues include: Master Policy Insurance, Exterior Maintenance, Snow Removal, Amenity Maintenance, and Trash Collection. A rare chance to own a versatile mountain retreat in one of Olympic Valley’s most desirable locations. Welcome home to your own Tahoe...
For sale
Price cut: $10K (6/18)
$759,000
227 Olympic Valley Rd #15, Olympic Valley, CA 96146
3beds
1,660sqft
Condo/Townhome/PUD
Built in 1982
-- sqft lot
$756,000 Zestimate®
$457/sqft
$1,397/mo HOA
What's special
Thoughtfully designed layoutEnd-unit townhomeLarge lock-off storage roomWest-facing deckTwo lockable ski closetsVaulted ceilings
- 161 days |
- 245 |
- 7 |
Zillow last checked:
Listing updated:
Listed by:
Scott E Willers 530-277-5607,
Compass
Source: TSMLS,MLS#: 20260073
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 2
- 1/2 bathrooms: 2
Heating
- Propane, CFAH
Appliances
- Included: Range, Oven, Microwave, Disposal, Dishwasher, Refrigerator, Washer, Dryer
- Laundry: In Hall
Features
- High Ceilings, High Speed Internet, 3 Ensuite
- Flooring: Carpet, Wood, Mixed
- Has fireplace: Yes
- Fireplace features: Fireplace: Living Room, Stone
Interior area
- Total structure area: 1,660
- Total interior livable area: 1,660 sqft
Video & virtual tour
Property
Parking
- Parking features: None, Parking Pad
Features
- Levels: Three
- Patio & porch: Deck(s): 1
- Has view: Yes
- View description: Mountain(s)
Lot
- Features: Condo/PUD Project, Rental History
- Topography: Upslope
Details
- Additional structures: None
- Parcel number: 096460015
- Special conditions: Standard
Construction
Type & style
- Home type: Townhouse
- Architectural style: Bavarian
- Property subtype: Condo/Townhome/PUD
Materials
- Stucco
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- New construction: No
- Year built: 1982
Utilities & green energy
- Sewer: Utility District
- Water: Utility District
- Utilities for property: Propane
Community & HOA
Community
- Features: Gated: No
- Security: Audio Surveillance, Closed Circuit Camera(s)
- Subdivision: Olympic Valley
HOA
- Has HOA: Yes
- Amenities included: Pool, Tennis Court(s), Other/See Remarks
- HOA fee: $1,397 monthly
Location
- Region: Olympic Valley
Financial & listing details
- Price per square foot: $457/sqft
- Tax assessed value: $698,167
- Annual tax amount: $8,148
- Price range: $759K - $759K
- Date on market: 1/17/2026
Estimated market value
$756,000
$718,000 - $794,000
$3,552/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/18/2026 | Price change | $759,000-1.3%$457/sqft |
Source:  TSMLS #20260073 Report a problem | ||
| 4/29/2026 | Price change | $769,000-7.2%$463/sqft |
Source: TSMLS #20260073 Report a problem | ||
| 4/6/2026 | Price change | $829,000-2.4%$499/sqft |
Source: TSMLS #20260073 Report a problem | ||
| 3/20/2026 | Price change | $849,000-2.3%$511/sqft |
Source: TSMLS #20260073 Report a problem | ||
| 2/28/2026 | Pending sale | $869,000$523/sqft |
Source: TSMLS #20260073 Report a problem | ||
| 1/17/2026 | Listed for sale | $869,000+33.7%$523/sqft |
Source: TSMLS #20260073 Report a problem | ||
| 10/5/2020 | Sold | $650,000$392/sqft |
Source: Public Record Report a problem | ||
| 8/14/2020 | Pending sale | $650,000$392/sqft |
Source: Lawrence Realty #20202151 Report a problem | ||
| 8/8/2020 | Listed for sale | $650,000+35.4%$392/sqft |
Source: Lawrence Realty #20202151 Report a problem | ||
| 10/24/2017 | Sold | $480,000-3%$289/sqft |
Source: TSMLS #20171546 Report a problem | ||
| 9/2/2017 | Pending sale | $495,000$298/sqft |
Source: Lawrence Realty #20171546 Report a problem | ||
| 6/26/2017 | Listed for sale | $495,000$298/sqft |
Source: Lawrence Realty #20171546 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,148 +3.6% | $698,167 +2% |
| 2024 | $7,864 +1% | $684,478 +2% |
| 2023 | $7,787 +2.6% | $671,058 +2% |
| 2022 | $7,588 +2.1% | $657,900 +2% |
| 2021 | $7,431 +27.4% | $645,000 +29.2% |
| 2020 | $5,831 | $499,392 +2% |
| 2019 | $5,831 +7.3% | $489,600 +2% |
| 2018 | $5,432 +79.7% | $480,000 +84.1% |
| 2017 | $3,023 +1% | $260,780 +2% |
| 2016 | $2,994 +2% | $255,667 +1.5% |
| 2015 | $2,936 +2.9% | $251,828 +2% |
| 2014 | $2,854 | $246,896 +0.5% |
| 2013 | -- | $245,781 +2% |
| 2012 | -- | $240,962 +2% |
| 2011 | -- | $236,238 +0.8% |
| 2010 | -- | $234,473 -0.2% |
| 2009 | -- | $235,031 +2% |
| 2008 | -- | $230,424 +2% |
| 2007 | -- | $225,907 +2% |
| 2006 | -- | $221,478 +2% |
| 2005 | -- | $217,136 +2% |
| 2004 | -- | $212,879 +1.9% |
| 2003 | -- | $208,978 +2% |
| 2002 | -- | $204,882 +2% |
| 2001 | -- | $200,866 +2% |
| 2000 | -- | $196,928 |
Find assessor info on the county website
Monthly payment
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Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 96146
Nearby schools
GreatSchools rating
- 9/10Tahoe Lake Elementary SchoolGrades: K-5Distance: 4 mi
- 7/10North Tahoe SchoolGrades: 6-8Distance: 4.5 mi
- 9/10North Tahoe High SchoolGrades: 9-12Distance: 4.5 mi
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- California
- Placer County
- Olympic Valley
- 96146
- 227 Olympic Valley Rd Unit 15
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