Open house Saturday, July 26th, 3 to 5 PM ! Live in the extra special community of Olympic Valley, close to everything, ski/snowboard Palisades Tahoe, The Village with restaurants and retail, events all year around, Tuesday Bluesday music, fun and friends, Lake Tahoe 7 miles by car or bike path, Tahoe life completely available without getting in your car. Help pay your mortgage with ADU rental income or expand your living space! Welcome to a unique and versatile property in the heart of Olympic Valley, offering four seasons of fun and adventure. With the fabulous Palisades Tahoe right at your doorstep, you'll enjoy world-class winter skiing and a fantastic summertime playground in your own backyard. This property has been completely rebuilt, featuring a main house and two Additional Dwelling Units (ADUs). Perfect for full-time living, short-term rentals, or a combination of both. The Main House has two ensuite bedrooms, a year-round atrium, large Recreation/Media Room with a bar, a Bonus room, attached two-car garage and radiant floor heating throughout. The first level ADU has a living area, kitchen with granite countertops, dining area, Bedroom and bathroom, washer and dryer and a separate entrance. The Second Level ADU has an atrium, living area, kitchen, bedroom and bathroom, washer, dryer and a separate entrance. The Outdoor Features include an artificial grass yard for year-round greenery without the water bills, Ideal for a putting green and plenty of space for outdoor activities and play. Palisades Tahoe is an unbeatable amenity for both winter and summer activities. Live in the main house and rent out the ADUs, rent all three units for maximum income potential, or use the entire property for your family and friends. Don't miss this incredible opportunity to own a property that offers flexibility and endless outdoor enjoyment in Olympic Valley. Whether you're looking to live, rent, or a combination of both, this property has it all!
For sale
$2,450,000
1081 Sandy Way, Olympic Valley, CA 96146
4beds
5baths
4,155sqft
Est.:
Single Family Residence
Built in 1994
0.28 Acres Lot
$2,372,500 Zestimate®
$590/sqft
$-- HOA
What's special
Attached two-car garageYear-round atriumKitchen with granite countertopsDining areaArtificial grass yardBonus roomWasher and dryer
- 153 days
- on Zillow |
- 302 |
- 12 |
Zillow last checked: 7 hours ago
Listing updated: July 26, 2025 at 08:54am
Listed by:
Valerie Forte 530-305-1220,
COMPASS
Source: TSMLS,MLS#: 20250273

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
Heating
- Propane, Hydronic, Radiant, In Floor
Appliances
- Included: Range, Oven, Microwave, Disposal, Dishwasher, Refrigerator, Washer, Dryer
- Laundry: Laundry Room
Features
- Pantry, High Speed Internet, Family Room, In-Law Quarters, Attached ADU
- Flooring: Carpet, Wood, Tile
- Has fireplace: No
Interior area
- Total structure area: 4,155
- Total interior livable area: 4,155 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Attached, Insulated, Plumbing, Garage Door Opener, Parking Pad, Two
- Attached garage spaces: 2
Features
- Levels: Three
- Stories: 3
- Patio & porch: Deck(s): 3 or more
- Has view: Yes
- View description: Trees/Woods, Mountain(s)
Lot
- Size: 0.28 Acres
- Features: Street, Landscaped, Rental History
- Topography: Downslope,Gently Rolling
Details
- Parcel number: 096180007000
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Mountain
- Property subtype: Single Family Residence
Materials
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1994
Utilities & green energy
- Sewer: Utility District
- Water: Water Company
- Utilities for property: Propane
Green energy
- Energy efficient items: Passive Solar
Community & HOA
Community
- Subdivision: Olympic Valley
HOA
- Has HOA: No
Location
- Region: Olympic Valley
Financial & listing details
- Price per square foot: $590/sqft
- Tax assessed value: $484,153
- Annual tax amount: $6,633
- Price range: $2.5M - $2.5M
- Date on market: 3/1/2025
- Listing agreement: EXCLUSIVE RIGHT
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