Hot Tahoe Opportunity | STR-Friendly + Fully Turnkey Welcome to one of Tahoe’s best opportunities where mountain lifestyle, rental potential, and easy ownership come together in one turnkey condo. Tucked into the trees at Tavern Inn, this beautifully updated upper-level condo is just minutes from Palisades Tahoe, Lake Tahoe, hiking, biking, dining, and year-round adventure. Inside, the bright and inviting living space features vaulted ceilings, a cozy fireplace, and a private deck overlooking peaceful wooded views. The spacious loft adds flexibility for extra guests, entertaining, or a work-from-home setup. Remodeled sleek home with convient, in-unit laundry, detached garage, and furnishings included—just bring your toothbrush and start enjoying Tahoe immediately. Summer here is unbeatable, with easy access to concerts and events at Palisades Tahoe, farmers markets, outdoor dining, mountain biking, hiking trails, and lakeside evenings. Owners and guests also enjoy resort-style amenities including a pool, spa, sauna, and tennis courts. 2 bikes are already there for you to hop on and enjoy this incredible weather and come with the condo! Turnkey, STR-friendly, and ready to enjoy—this is the Tahoe getaway buyers have been waiting for.
For sale
Price cut: $60K (6/1)
$785,000
227 Olympic Valley Rd #50, Olympic Valley, CA 96146
2beds
1,634sqft
Condo/Townhome/PUD
Built in 2000
-- sqft lot
$768,100 Zestimate®
$480/sqft
$1,367/mo HOA
What's special
Cozy fireplaceDetached garageBright open living spaceFurnishings that can stayIn-unit laundryUpdated kitchen finishes
- 142 days |
- 95 |
- 5 |
Zillow last checked:
Listing updated:
Listed by:
Kaili N Sanchez 530-386-2287,
COMPASS
Source: TSMLS,MLS#: 20260392
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 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, 1 Ensuite
- Flooring: Carpet, Mixed, Stone, Wood
- 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: One, Detached, Garage Door Opener
- Garage spaces: 1
Features
- Levels: Two
- 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: $480/sqft
- Tax assessed value: $717,650
- Price range: $785K - $785K
- Date on market: 3/26/2026
- Listing terms: Cash To New Loan
Estimated market value
$768,100
$730,000 - $807,000
$5,594/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/1/2026 | Price change | $785,000-7.1%$480/sqft |
Source:  TSMLS #20260392 Report a problem | ||
| 3/26/2026 | Listed for sale | $845,000-7.7%$517/sqft |
Source: TSMLS #20260392 Report a problem | ||
| 6/5/2025 | Listing removed | $915,000$560/sqft |
Source: TSMLS #20250319 Report a problem | ||
| 3/11/2025 | Listed for sale | $915,000+40.8%$560/sqft |
Source: TSMLS #20250319 Report a problem | ||
| 12/31/2020 | Sold | $650,000-3.7%$398/sqft |
Source: TSMLS #20203221 Report a problem | ||
| 11/27/2020 | Pending sale | $675,000$413/sqft |
Source: Lawrence Realty #20203221 Report a problem | ||
| 10/16/2020 | Listed for sale | $675,000+54.8%$413/sqft |
Source: Lawrence Realty #20203221 Report a problem | ||
| 12/6/2016 | Sold | $436,000-2%$267/sqft |
Source: TSMLS #20160923 Report a problem | ||
| 11/3/2016 | Pending sale | $445,000$272/sqft |
Source: Coldwell Banker Residential Brokerage - Tahoe City-Cobblestone #20160923 Report a problem | ||
| 10/14/2016 | Price change | $445,000-0.9%$272/sqft |
Source: Coldwell Banker Residential Brokerage - Tahoe City-Cobblestone #20160923 Report a problem | ||
| 7/10/2016 | Price change | $449,000-10.1%$275/sqft |
Source: Coldwell Banker Residential Brokerage - Tahoe City-Cobblestone #20160923 Report a problem | ||
| 4/15/2016 | Listed for sale | $499,500-9.1%$306/sqft |
Source: Coldwell Banker NRTW - CBL #20160923 Report a problem | ||
| 11/13/2013 | Listing removed | $549,500$336/sqft |
Source: Lawrence Realty #20131843 Report a problem | ||
| 7/8/2013 | Listed for sale | $549,500-1.7%$336/sqft |
Source: Lawrence Realty #20131843 Report a problem | ||
| 8/28/2003 | Sold | $559,000$342/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $717,650 +2% |
| 2025 | $8,132 +3.6% | $703,580 +2% |
| 2024 | $7,846 +1% | $689,785 +2% |
| 2023 | $7,767 +2.6% | $676,260 +2% |
| 2022 | $7,568 +2.1% | $663,000 +2% |
| 2021 | $7,409 +36.3% | $650,000 +40.5% |
| 2020 | $5,436 | $462,579 +2% |
| 2019 | $5,436 +7.8% | $453,510 +2% |
| 2018 | $5,043 +1.9% | $444,618 +2% |
| 2017 | $4,951 +13.1% | $435,900 +14.7% |
| 2016 | $4,375 +0.5% | $380,000 |
| 2015 | $4,354 +9.3% | $380,000 +8.6% |
| 2014 | $3,983 | $350,000 |
| 2013 | -- | $350,000 -44.7% |
| 2012 | -- | $632,755 +2% |
| 2011 | -- | $620,349 +0.8% |
| 2010 | -- | $615,714 -0.2% |
| 2009 | -- | $617,178 +2% |
| 2008 | -- | $605,077 +2% |
| 2007 | -- | $593,213 +2% |
| 2006 | -- | $581,583 +2% |
| 2005 | -- | $570,180 +2% |
| 2004 | -- | $559,000 +40% |
| 2003 | -- | $399,183 +2% |
| 2002 | -- | $391,357 +571.5% |
| 2001 | -- | $58,284 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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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