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For sale
  • $6,000,000

    3122 Mountain Links Way, Olympic Valley, CA 96146

    4beds
    5,070sqft
    : 
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    Single Family Residence
    Built in 1998
    0.31 Acres Lot
    $5,628,300 Zestimate®
    $1,183/sqft
    $-- HOA

    What's special

    Dedicated home theaterFlexible media roomExceptional privacyRare steel-frame structureCozy libraryTwo laundry areasPrivate outdoor hot tub
    The Bear Chalet is a striking architectural residence designed by acclaimed architect Tim Ward, positioned along one of Olympic Valley’s most desirable golf course settings. The views of the Olympic Valley and Palisades Ski Resort are unmatched! Built in 1998 with a rare steel-frame structure, this 5,070-square-foot estate offers four bedrooms and 4.5 baths, blending structural integrity with refined mountain living. Thoughtful craftsmanship is evident throughout — from rich knotty alder floors to a newer composition roof that enhances both longevity and aesthetic appeal. Comfort is seamless year-round with dual heating systems, including forced air and hydronic heat, along with heated garage floors for added convenience during winter months. Designed for both entertaining and everyday living, the home features an integrated sound system, a private outdoor hot tub, and multiple gathering spaces that invite connection. The chef’s kitchen anchors the main living area, while a temperature-controlled wine room stores more than 500 bottles for the serious collector. Additional highlights include a cozy library, a dedicated home theater, a generous workout room, two laundry areas, and a flexible media room that could easily function as a fifth bedroom if desired. Set against a backdrop of national forest and surrounded by serene natural beauty, the property offers exceptional privacy. A level driveway ensures easy year-round access — a rare and practical advantage in the Sierra. The Bear Chalet represents a unique opportunity to own a legacy-quality home where architectural strength, comfort, and mountain lifestyle converge.
    136 days
    |
    330
    |
    10
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    Zillow last checked:

    Listing updated:

    Listed by:

    Breck Overall 530-318-3452,

    Sierra Sotheby's Int - Rock

    Source: TSMLS,MLS#: 20260269MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 5
      • Full bathrooms: 4
      • 1/2 bathrooms: 1
      Heating
      • Propane, CFAH
      Appliances
      • Included: Range, Oven, Microwave, Disposal, Dishwasher, Refrigerator, Washer, Dryer
      • Laundry: Laundry Room, Other
      Features
      • Pantry, High Ceilings, Phone, High Speed Internet, Steam Shower, Wine Room, Family Room, Great Room, Rec Room, Formal Dining, Breakfast Room, Den, Mud Room
      • Flooring: Carpet, Wood, Stone, Mixed
      • Has fireplace: Yes
      • Fireplace features: Fireplace: Living Room, Family Room, 2 or +, Gas Fireplace, Stone, Other
      Interior area
      • Total structure area: 5,070
      • Total interior livable area: 5,070 sqft

      Property

      Parking
      • Total spaces: 3
      • Parking features: Three, Attached, Garage Door Opener
      • Attached garage spaces: 3
      Features
      • Levels: Two
      • Patio & porch: Deck(s): 3 or more
      • Spa features: Hot Tub
      • Has view: Yes
      • View description: Panoramic, Trees/Woods, Mountain(s), Golf Course, Ski Resort, Meadow
      Lot
      • Size: 0.31 Acres
      • Features: On Golf Course, Landscaped
      • Topography: Level,Gently Rolling
      Details
      • Parcel number: 096570010
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Chalet
      • Property subtype: Single Family Residence
      Materials
      • Frame, Steel Siding
      • Foundation: Pillar/Post/Pier
      • Roof: Composition
      Condition
      • Like New
      • New construction: No
      • Year built: 1998

      Utilities & green energy

      • Sewer: Utility District
      • Water: Utility District
      • Utilities for property: Propane, Cable Connected

      Community & HOA

      Community
      • Subdivision: Olympic Valley
      HOA
      • Has HOA: Yes
      Location
      • Region: Olympic Valley

      Financial & listing details

      • Price per square foot: $1,183/sqft
      • Tax assessed value: $2,064,508
      • Annual tax amount: $22,725
      • Price range: $6M - $6M
      • Date on market: 3/4/2026

        Estimated market value

        $5,628,300

        $5.35M - $5.91M

        $7,903/mo

        Price history

        DateEventPrice
        3/4/2026Listed for sale$6,000,000-3.2%$1,183/sqft
        Source: TSMLS #20260269 Report a problem
        5/1/2025Listing removed$6,200,000$1,223/sqft
        Source: TSMLS #20241359 Report a problem
        7/3/2024Listed for sale$6,200,000+1277.8%$1,223/sqft
        Source: TSMLS #20241359 Report a problem
        11/14/2021Listing removed--
        Source: Zillow Rental Manager Report a problem
        10/17/2021Listed for rent$30,000$6/sqft
        Source: Zillow Rental Manager Report a problem
        8/2/1996Sold$450,000$89/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$22,725 +3.3%$2,064,508 +2%
        2024$22,009 +0.4%$2,024,028 +2%
        2023$21,928 +1.9%$1,984,342 +2%
        2022$21,522 +2.2%$1,945,434 +2%
        2021$21,057 +1.6%$1,907,289 +1%
        2020$20,735 $1,887,733 +2%
        2019$20,735 +3.1%$1,850,720 +2%
        2018$20,116 +1.9%$1,814,432 +2%
        2017$19,742 +1%$1,778,856 +2%
        2016$19,544 +2%$1,743,977 +1.5%
        2015$19,156 +3%$1,717,782 +2%
        2014$18,595 $1,684,134 +0.5%
        2013-- $1,676,523 +2%
        2012-- $1,643,651 +2%
        2011-- $1,611,424 -27.5%
        2010-- $2,221,311 +38.6%
        2009-- $1,603,181 +2%
        2008-- $1,571,747 +2%
        2007-- $1,540,929 +2%
        2006-- $1,510,716 +2%
        2005-- $1,481,095 +2%
        2004-- $1,452,055 +1.9%
        2003-- $1,425,443 +2%
        2002-- $1,397,494 +2%
        2001-- $1,370,093 +2%
        2000-- $1,343,230
        Find assessor info on the county website

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        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

        Getting around

        19 / 100
        Car-Dependent
        32 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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