$1,550,000
$195K PRICE DROP

720 Olympic Valley Rd Olympic Valley, CA 96146

Estimated payment $8,713/month

Total Views 2,245
4 Beds
3 Baths
2,753 Sq Ft
$563 Price per Sq Ft

Highlights

  • Deck
  • Mountain Architecture
  • Laundry Room
  • Tahoe Lake Elementary School Rated A-
  • 2 Car Attached Garage

About This Home

Welcome to Your Mountain Retreat in Olympic Valley Nestled at the entrance of the stunning Valley of Palisades—formerly Squaw Valley—this unique and versatile 4-bedroom, 3-bathroom home offers the perfect blend of comfort, convenience, and adventure. Enjoy an unbeatable location and easy winter access on Scenic Olympic Valley Road, providing easy walking or driving access to Palisades Tahoe Village and world-class ski lifts. Whether it's winter skiing or summer hiking, biking, and exploring, you're surrounded by year-round recreation. The home features a spacious layout with a remodeled kitchen boasting stainless steel appliances, granite countertops, and a flexible floor plan. In addition to the main living areas, there’s a dedicated office space and an overflow room ideal for use as a dining room or cozy family lounge. Step outside and take in spectacular mountain views from the expansive Trex front deck—perfect for apres-ski relaxation—or enjoy the peaceful setting of the back and side yards. Striking granite boulders in the front yard enhance the home’s alpine charm. Other highlights include a large driveway, a 2-car garage, and a separate “lock-off” area offering potential for guest space, rental income, or multi-generational living. my brand is fire resistant the only one that is, along with fiber cement siding on the entire house along with all metal roof. Lots of fire resistant measures taken. These could literally save the home in a Forest Fire! Once you park, call the Mountaineer shuttle for effortless transport to the slopes. Don't miss this rare opportunity to own one of the original homes in Palisades Tahoe—your four-season basecamp for mountain living at its best.

Listing Agent

Carmen Carr

Engel & Volkers Truckee License #01399136 Listed on: 03/12/2025

Engel & Volkers Truckee

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,445

Year Built

  • Built in 1968

Home Design

  • Mountain Architecture
  • Metal Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,753 Sq Ft Home
  • Partially Furnished
  • Laundry Room

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Parking

  • 2 Car Attached Garage
  • Parking Pad

Utilities

  • Heating System Uses Propane
  • Utility District

Additional Features

  • Deck
  • 0.25 Acre Lot

Community Details

  • Olympic Valley Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,445

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Age: 50+ Years
  • Estimated Lot Size: .26 - .5
  • Community: Olympic Valley
  • Directions: On Olympic Valley Rd, past Victor Dr. on the right.
  • Number of Acres: 0.25
  • Service Type: Full Service
  • Setting: Street
  • Sub-Area: 6SV
  • Sub-Status: Standard
  • Year Built: 1968
  • Sewer: Utility District
  • Estimated Sq Ft: ASSESSOR
  • Architecture: Mountain
  • Sign YN: y
  • Additional Public Remarks: Additional key features: Decking is fire resistant Timber Tech brand, not Trex. Hardie siding is non combustible and otherwise resistant to the elements. Fireplace insert is propane, not wood burning. House heating water and furnace replace in 2021 with humidifier added. Hydronic piping and valves staged in ground floor room and master bedroom. Extensive insulation upgrades! Roof just repainted 6/25. Extensive landscaping improvements! Deck hot tub, bathroom jacuzzi. Entire studio and my bathroom staged with hydronic plumbing and valves, just needs heating unit. Also new house heating unit and water heater about 3-4 years ago. Olympic Valley Public Utility district - Sewer
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Heating: Propane
  • Estimated Sq Ft: 2753
  • Stories: Split
  • Gas: Propane
  • Water: Water Company
  • Appliances: Range, Oven, Dishwasher, Refrigerator
  • Fireplace: Other
  • Furnished: Partial
  • Bathrooms: 3
  • Bedrooms: 4
  • Floor Coverings: Mixed

Exterior Features

  • Foundation: Perim Concrete
  • Roof: Metal
  • Decks: 1
  • Construction Phase: FINISHED

Garage/Parking

  • Garage: Two
  • Garage/Parking: Attached, Parking Pad

Utilities

  • Laundry: Room

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $5,445 $470,296 $117,567 $352,729
2023 $5,445 $452,035 $113,002 $339,033
2022 $5,203 $443,173 $110,787 $332,386
2021 $5,015 $434,484 $108,615 $325,869
2020 $5,023 $430,030 $107,502 $322,528
2019 $5,071 $421,599 $105,395 $316,204
2018 $4,632 $413,333 $103,329 $310,004
2017 $4,546 $405,229 $101,303 $303,926
2016 $4,500 $397,284 $99,317 $297,967
2015 $4,411 $391,318 $97,826 $293,492
2014 $4,284 $383,653 $95,910 $287,743
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2025 08/25/25 Price Changed $1,550,000 -2.8% $563 / Sq Ft
07/16/2025 07/16/25 Price Changed $1,595,000 -3.0% $579 / Sq Ft
07/07/2025 07/07/25 Price Changed $1,645,000 -2.9% $598 / Sq Ft
05/27/2025 05/27/25 Price Changed $1,695,000 -2.9% $616 / Sq Ft
03/12/2025 03/12/25 For Sale $1,745,000 -- $634 / Sq Ft
Source: Tahoe Sierra Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Fidelity Natl Title Co Of Ca
Interfamily Deed Transfer -- Fidelity Natl Title Co Of Ca
Grant Deed -- Fidelity Natl Title Co Of Ca
Interfamily Deed Transfer -- Chicago Title
Interfamily Deed Transfer $200,000 Chicago Title Co
Interfamily Deed Transfer -- First American Title
Gift Deed -- --
Gift Deed -- --
Gift Deed -- --
Gift Deed -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Gift Deed -- --
Interfamily Deed Transfer -- Fidelity National Title
Gift Deed -- --
Grant Deed $280,000 Fidelity National Title
Grant Deed -- Placer Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $133,000 Credit Line Revolving
Open $555,500 New Conventional
Closed $569,250 New Conventional
Previous Owner $500,000 Unknown
Previous Owner $150,000 Credit Line Revolving
Previous Owner $239,000 Unknown
Previous Owner $239,000 Purchase Money Mortgage
Previous Owner $100,000 Stand Alone Second
Previous Owner $70,000 Credit Line Revolving
Previous Owner $220,000 Purchase Money Mortgage
Source: Public Records

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20250345

Tahoe Sierra Board of REALTORS®

APN: 096-240-025