NOT LISTED FOR SALE

227 Olympic Valley Rd Unit 23 Olympic Valley, CA 96146

Alpine Meadows Neighborhood

Estimated Value: $844,000 - $1,209,000

3 Beds
2.5 Baths
1,660 Sq Ft
$995/ mo HOA Fee

Last Sold June 26, 2023

Last sale price $900,000 $542 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $7,263/month

16 Days on Market

Highlights

  • Mountain View
  • Bavarian Architectural Style
  • Living Room with Fireplace
  • Tahoe Lake Elementary School Rated A-
  • Deck
  • 5-minute walk to Olympic Valley Park

About This Home

As of June 2023

Looking for an easy-living experience in Olympic Valley, home to the Palisades Tahoe ski resort? Look no further than this 3-bedroom, 2.5-bath condo unit located in the serene setting of the Tavern Inn development. Tucked away from the hustle and bustle of winter traffic, this unit boasts stunning mountain views from the front and rear windows, and backs onto USFS land, community park, and trails, including paved and single track options. Inside, this unit has been updated with durable materials, perfect for those ready to hit the slopes or trails. Spread over three levels, the ground floor offers a full-size entry closet, family room with wet-bar and closet, bunk room, remodeled full bath, and mechanical room with ski tuning bench and storage. The middle level features the main living room with a spacious front deck and cozy wood fireplace, a dining area, remodeled kitchen with a swanky bar area, laundry closet, and remodeled powder room. Upstairs, you will find two more spacious bedrooms with private vanities, a shared and remodeled shower/toilet room, and stunning views of Palisades Tahoe from the West facing bedroom. Fresh paint and newer carpet throughout give this unit a clean and modern feel. Outside, two owner storage closets on the entry level provide ample space for ski/snowboard lockers. But the amenities don't stop there. During the winter months, enjoy snowshoeing right outside your front door, or take advantage of stress-free transportation to the Palisades Tahoe Village on the Mountaineer shuttle. In the summer and fall, the community park and trails are perfect for a game of touch football, monkey bars, or even pickleball on the highly popular courts. Abutting the expansive trail system, this location is perfect for the avid hiker, mountain biker and trail runner, connecting you to Western States, Painted Rock, Bear Creek trails and more! Onsite, Tavern Inn offers a sauna and hot tub available year-round, as well as a pool and tennis courts seasonally available for your enjoyment. Whether you are a die-hard skier, rider, or fair-weather bird-watcher, owning at Tavern Inn offers an unbeatable experience.

Last Agent to Sell the Property

Katherine Benty

COMPASS License #01400292 Listed on: 05/10/2023

COMPASS

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1982

Lot Details

  • 7,405

HOA Fees

  • $995 Monthly HOA Fees

Home Design

  • Bavarian Architectural Style

Interior Spaces

  • 1,660 Sq Ft Home
  • 3-Story Property
  • Furniture Can Be Negotiated
  • Family Room
  • Living Room with Fireplace
  • Mountain Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2.5 Bathrooms

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Parking

  • No Garage
  • Parking Pad

Additional Features

  • Deck
  • Lot Sloped Up

Community Details

Overview

  • Olympic Valley Community
  • Greenbelt

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Year Built

Built in 1982

Lot Details

7,405 Sq Ft Lot

HOA Fees

$995 per month

Listing Details

  • Age: 40+ Years
  • Estimated Lot Size: 0 - .255
  • Community: Olympic Valley
  • Directions: Enter 2nd (Main) entrance to Tahoe Tavern, follow road to back towards the forest service land.
  • Service Type: Full Service
  • Setting: Greenbelt
  • Sub-Area: 6SV
  • Sub-Status: Standard
  • Topography: Upslope
  • Year Built: 1982
  • Other: High Ceilings, Phone, Cable TV
  • Architecture: Bavarian
  • Sign YN: Y
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Heating: CFAH
  • Estimated Sq Ft: 1660
  • Stories: Three
  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Bonus Rooms: Family Room
  • Fireplace: Living Room
  • Furnished: Negotiable
  • Bathrooms: 2.5
  • Bedrooms: 3
  • Floor Coverings: Carpet, Vinyl

Exterior Features

  • View: Mountain
  • Decks: 1
  • Construction Phase: FINISHED

Garage/Parking

  • Garage: None
  • Garage/Parking: Parking Pad

Utilities

  • Laundry: Kitchen

Condo/Co-op/Association

  • HOA Amenities: Pool, Tennis Courts, Other/See Remarks
  • HOA Fees: 995
  • HOA Fee Frequency: month
  • HOA Membership: Y

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2025
Sold by
Mattos Laila S and Vorhies John Schoeneman
Bought by
Mattos-Vorhies Trust and Vorhies
Current Estimated Value
$1,027,796

Purchase Details

Listed on
May 10, 2023
Closed on
Jun 20, 2023
Sold by
Kelly Jennifer
Bought by
Mattos Laila S and Vorhies John S
Seller's Agent
Katherine Benty
COMPASS
List Price
$910,000
Sold Price
$900,000
Premium/Discount to List
-$10,000
-1.1%
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.98%

Purchase Details

Closed on
Jan 12, 2015
Sold by
Featherstone John Douglas
Bought by
Kelly Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,050
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 2012
Sold by
Featherstone John Douglas
Bought by
Featherstone John Douglas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2004
Sold by
Besten Pamela Kay Den
Bought by
Featherstone John Douglas

Purchase Details

Closed on
Sep 28, 1994
Sold by
Swanson Robert H and Swanson Sheila L
Bought by
Furey Mark James and Furey Maryann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Mattos-Vorhies Trust -- None Listed On Document
Mattos Laila S $900,000 Placer Title
Kelly Jennifer $394,500 First American Title
Featherstone John Douglas -- Fidelity National Title Comp
Featherstone John Douglas $57,680 --
Furey Mark James $183,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kelly Jennifer $355,050
Previous Owner Featherstone John Douglas $255,000
Previous Owner Furey Mark James $115,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2023 06/26/23 Sold $900,000 -1.1% $542 / Sq Ft
05/26/2023 05/26/23 Pending -- -- --
05/10/2023 05/10/23 For Sale $910,000 -- $548 / 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 $10,327 $936,360 $421,362 $514,998
2023 $10,327 $455,709 $181,359 $274,350
2022 $5,306 $446,774 $177,803 $268,971
2021 $5,199 $438,015 $174,317 $263,698
2020 $5,124 $433,525 $172,530 $260,995
2019 $5,176 $425,026 $169,148 $255,878
2018 $4,736 $416,693 $165,832 $250,861
2017 $4,649 $408,524 $162,581 $245,943
2016 $4,603 $400,515 $159,394 $241,121
2015 $2,943 $252,410 $50,477 $201,933
2014 $2,860 $247,467 $49,489 $197,978
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20230511

Tahoe Sierra Board of REALTORS®

APN: 096-460-023

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