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227 Olympic Valley Road #3, 
Olympic Valley, CA 96146-0000

$549,000


1

Bed


2

Baths


892

Sq Ft


Condo

Active

Listed by

C. Kelly Smith

Centr-21 Tahoe North, Realtors

Last updated:

July 10, 2026, 03:18 PM

MLS#

20261358

Source:

CA TSBOR

About This Home

227 Olympic Valley Road #3

Welcome to your mountain retreat in the heart of Olympic Valley (formerly Squaw Valley), where year-round adventure meets effortless alpine living. This desirable downstairs corner unit at Tavern Inn offers a spacious 1-bedroom, 2-bath floor plan with added privacy, easy access, and outstanding potential to create your dream Tahoe getaway. Inside, the open-concept living area is warm and inviting, featuring a cozy fireplace, peaceful pine forest views, and good size kitchen. The thoughtful layout is perfect for gathering with family and friends after a day on the slopes or enjoying a quiet evening surrounded by nature. This property is an exceptional opportunity for investors or buyers looking to add value. With solid bones and an ideal floor plan, it's ready for a stylish remodel that can maximize both enjoyment and future appreciation in one of Tahoe's most sought-after mountain communities. Located just minutes from Palisades Tahoe, you'll enjoy quick access to world-class skiing and snowboarding, scenic hiking and mountain biking trails, championship golf, and the crystal-clear waters of nearby Lake Tahoe for boating, paddle boarding, and beach days. During ski season, the complimentary Mountaineer on-demand shuttle provides door-to-door transportation throughout Olympic Valley, making it easy to reach the slopes, restaurants, and local events without ever moving your car. Residents also enjoy outstanding HOA amenities, including a swimming pool, hot tubs, saunas, tennis and pickle ball courts. The neighboring county park offers a playground and soccer field, while the adjacent paved bike path provides a beautiful ride to Tahoe City or the vibrant Palisades Village, home to year-round dining, shopping, concerts, and festivals. Everyday conveniences are close at hand, with a 7-Eleven just a short walk away. Whether you're searching for a full-time mountain residence, a vacation retreat, or an investment property with tremendous upside, this Tavern Inn condominium offers an outstanding opportunity to enjoy—and enhance—the very best of the Lake Tahoe lifestyle. Current tenant lives there until 9/2/26.

Home Facts

Condo

2 Baths

1 Bedroom

Built in 1982

Price Summary

549,000

$615 per Sq. Ft.

MLS #:

20261358

Last Updated:

July 10, 2026, 03:18 PM

Added:

12 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

1

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

892 Sq. Ft.


Structure

Structure

Architectural Style:

Mountain

Building Area:

892 Sq. Ft.

Year Built:

1982


Finances & Disclosures

Finances

Price:

$549,000

Price per Sq. Ft:

$615 per Sq. Ft.

Source:CA TSBOR
The information being provided by Tahoe Sierra Multiple Listing Service, Inc. is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Tahoe Sierra Multiple Listing Service, Inc.. Centr-21 Tahoe North, Realtors is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Centr-21 Tahoe North, Realtors, a broker participant of Tahoe Sierra Multiple Listing Service, Inc.. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Tahoe Sierra Multiple Listing Service, Inc. and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2026 Tahoe Sierra Multiple Listing Service, Inc.. All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.