$1,250,000
SOLD JAN 7, 2026
6 Beds
4.5 Baths
3,293 Sq Ft
0.41 Acres

Recently Sold

$380 Per Sq Ft

26% Below List Price

160 Days on Market

Highlights

  • View of Trees or Woods
  • Wood Burning Stove
  • Multiple Outdoor Decks
  • Tahoe Lake Elementary School Rated A-
  • 2 Car Attached Garage
  • Laundry Room

About This Home

As of January 2026

A unique mountain Triplex nestled in the heart of Olympic Valley on desirable Sandy Way. This distinctive property offers flexible living space on 0.41 acre, featuring a 3 bedroom main house on upper two levels and 2 apartments below: 2-bedroom, 1-bath apartment and a cozy 1-bedroom, 1-bath apartment-ideal for multi-generational living, rental income, or a combination of both. Inside the main house, the beautifully updated kitchen showcases rich wood cabinetry with crown molding, granite countertops, a full-height backsplash, under-cabinet lighting, modern appliances, and abundant storage. Enjoy beautiful views of the Sierra Nevada mountains, Red Dog Ridge and Poulsen's Gully from multiple decks, perfect for morning coffee or sunset gatherings. A charming exterior with a dramatic gambrel roofline, two-car garage and ample parking. Located just minutes from Lake Tahoe, world-class skiing at Palisades Tahoe, and vibrant Truckee dining and shopping, this property blends rustic charm with modern convenience and income potential. Don’t miss this rare opportunity to own a versatile mountain retreat in one of Tahoe’s most desirable settings!

Last Agent to Sell the Property

Larry Lawrence

Lawrence Realty License #00478247 Listed on: 07/02/2025

Co-Listed By

Chiara Gajar

Lawrence Realty License #01250248

Last Buyer's Agent

Chiara Gajar

Lawrence Realty License #01250248

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1979

Lot Details

  • 0.41 Acre Lot
  • Lot Sloped Down

Parking

  • 2 Car Attached Garage

Property Views

  • Woods
  • Mountain

Home Design

  • Flat Roof Shape
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,293 Sq Ft Home
  • 3-Story Property
  • Furniture Can Be Negotiated
  • Wood Burning Stove

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Hydronic Heating System
  • Baseboard Heating
  • Radiant Heating System
  • Heating System Uses Propane
  • Utility District

Additional Features

  • Multiple Outdoor Decks
  • Avalanche Zone

Community Details

  • Olympic Valley Community

Home Details

Home Type

Single Family

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Age: 40+ Years
  • Estimated Lot Size: .26 - .5
  • Community: Olympic Valley
  • Directions: Olympic Valley Road to Wayne then left on Sandy Way. Home on the downhill side of Sandy Way.
  • Number of Acres: 0.41
  • Service Type: Full Service
  • Setting: Street
  • SPCDISC: Avalanche Zone
  • Sub-Area: 6SV
  • Sub-Status: Standard
  • Topography: Downslope
  • Year Built: 1979
  • Sewer: Utility District
  • Estimated Sq Ft: ASSESSOR
  • Architecture: Other
  • Sign YN: Y
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Heating: Propane, Baseboard, Hydronic, Radiant
  • Estimated Sq Ft: 3293
  • Stories: Three
  • Water Company: OVMWC
  • Gas: Propane
  • Water: Water Company
  • Appliances: Range, Oven, Disposal, Dishwasher, Refrigerator, Washer, Dryer
  • Furnished: Negotiable
  • Bedrooms: 6
  • Wood Stove: Living Room
  • Floor Coverings: Mixed
  • Main Floor Half Bathrooms: 1

Exterior Features

  • View: Wooded, Mountain, Ski Resort
  • Construction Exterior: Framed
  • Foundation: Perim Concrete
  • Roof: Composition, Flat, Other
  • Decks: 3 or more
  • Construction Phase: FINISHED

Garage/Parking

  • Garage: Two
  • Garage/Parking: Attached

Utilities

  • Laundry: Room

Lot Info

  • Lot Number: 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2025
Closed on
Jan 5, 2026
Sold by
Nabulsi Hazem and Hazem Nabulsi Trust
Bought by
Holmes Bear Paw Llc
Seller's Agent
Larry Lawrence
Lawrence Realty
Buyer's Agent
Chiara Gajar
Lawrence Realty
List Price
$1,695,000
Sold Price
$1,250,000
Premium/Discount to List
-$445,000
-26.25%
Views
24

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7164.19%

Purchase Details

Closed on
Jul 17, 2015
Sold by
Nabulsi Haz
Bought by
Nabulsi Hazem

Purchase Details

Closed on
Mar 5, 2010
Sold by
Nabulsi Haz and Nabulsi Debra A
Bought by
Nabulsi Haz

Purchase Details

Closed on
Nov 1, 2000
Sold by
Richardson Debra Lee Trustee
Bought by
Nabulsi Haz and Nabulsi Debra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 2, 1999
Sold by
Richardson Debra Lee
Bought by
Richardson Debra Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,200
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 13, 1997
Sold by
Richardson Debra Lee
Bought by
Richardson Debra Lee

Purchase Details

Closed on
Nov 7, 1996
Sold by
Gulko Martha A
Bought by
Richardson Debra Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
8.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 12, 1994
Sold by
Gulko Robert A and Gulko Martha A
Bought by
Gulko Robert A and Gulko Martha A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,250,000 First American Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $747,500 Placer Title Company
Interfamily Deed Transfer -- Fidelity National Title
Grant Deed -- Fidelity National Title Co
Interfamily Deed Transfer -- --
Grant Deed $362,500 First American Title Co
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $400,000 Purchase Money Mortgage
Previous Owner $277,200 Purchase Money Mortgage
Previous Owner $290,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/07/2026 01/07/26 Sold $1,250,000 0.0% $380 / Sq Ft
12/09/2025 12/09/25 Pending -- -- --
11/14/2025 11/14/25 Off Market $1,250,000 -- --
11/14/2025 11/14/25 Pending -- -- --
09/26/2025 09/26/25 Price Changed $1,595,000 -0.6% $484 / Sq Ft
09/19/2025 09/19/25 Price Changed $1,605,000 -0.6% $487 / Sq Ft
09/12/2025 09/12/25 Price Changed $1,615,000 -0.6% $490 / Sq Ft
09/05/2025 09/05/25 Price Changed $1,625,000 -0.6% $493 / Sq Ft
08/29/2025 08/29/25 Price Changed $1,635,000 -0.6% $497 / Sq Ft
08/22/2025 08/22/25 Price Changed $1,645,000 -0.6% $500 / Sq Ft
08/15/2025 08/15/25 Price Changed $1,655,000 -0.6% $503 / Sq Ft
08/08/2025 08/08/25 Price Changed $1,665,000 -0.6% $506 / Sq Ft
08/01/2025 08/01/25 Price Changed $1,675,000 -0.6% $509 / Sq Ft
07/25/2025 07/25/25 Price Changed $1,685,000 -0.6% $512 / Sq Ft
07/02/2025 07/02/25 For Sale $1,695,000 -- $515 / Sq Ft
Source: Tahoe Sierra Board of REALTORS®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,245 $1,126,351 $452,044 $674,307
2023 $13,245 $1,082,616 $434,492 $648,124
2022 $12,565 $1,061,389 $425,973 $635,416
2021 $12,112 $1,040,578 $417,621 $622,957
2020 $12,132 $1,029,909 $413,339 $616,570
2019 $12,191 $1,009,716 $405,235 $604,481
2018 $10,973 $989,919 $397,290 $592,629
2017 $10,767 $970,509 $389,500 $581,009
2016 $10,658 $951,480 $381,863 $569,617
2015 $10,446 $937,189 $376,128 $561,061
2014 $10,141 $918,832 $368,761 $550,071
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20251490

Tahoe Sierra Board of REALTORS®

APN: 096-140-025