Set across the Truckee River in a private setting, this lodge-style home is ideal year round. In the summer, enjoy the riverfront location and the natural granite walls of Painted Rock. In the winter, this peaceful setting is minutes from world-class skiing at Palisades Tahoe. The handcrafted log timber frame highlights the attention to detail that is found throughout the home. Relax out on the stone patio and enjoy the lush landscaping as you hear the soothing flow of the river over the rocks. Inside, adjourn with your party up the spiral staircase to the recreation room and when it is time to relax, retire to one of the four ensuite bedrooms. There is no better place to enjoy the company of your friends and family.
Sold for $5,700,000
$5,700,000
5048 River Rd, Olympic Valley, CA 96146
5beds
6,500sqft
Single Family Residence
Built in 2007
1.3 Acres Lot
$4,974,200 Zestimate®
$877/sqft
$7,609 Estimated rent
Home value
$4,974,200
$3.98M - $6.12M
$7,609/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
William Dietz 530-584-3454,
Tahoe Luxury Properties
Bought with:
William Dietz, DRE #01431063
Tahoe Luxury Properties
Source: TSMLS,MLS#: 20240201
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Propane, Hydronic
Appliances
- Included: Range, Oven, Microwave, Disposal, Dishwasher, Refrigerator, Washer, Dryer
Features
- Has fireplace: Yes
- Fireplace features: Fireplace: Living Room, Master Bedroom
Interior area
- Total structure area: 6,500
- Total interior livable area: 6,500 sqft
Property
Parking
- Total spaces: 4
- Parking features: Four +, Attached, Oversized
- Has attached garage: Yes
Features
- Levels: Two
- Has view: Yes
- View description: Trees/Woods, Water
- Has water view: Yes
- Waterfront features: River/Creek
Lot
- Size: 1.30 Acres
- Topography: Level
Details
- Parcel number: 096230040
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Mountain
- Property subtype: Single Family Residence
Materials
- Roof: Composition
Condition
- New construction: No
- Year built: 2007
Utilities & green energy
- Water: Utility District
- Utilities for property: Propane
Community & neighborhood
Location
- Region: Olympic Valley
- Subdivision: Truckee River
Other
Other facts
- Price range: $5.7M - $5.7M
Price history
| Date | Event | Price |
|---|---|---|
| 2/21/2024 | Sold | $5,700,000+31%$877/sqft |
Source:  TSMLS #20240201 Report a problem | ||
| 11/3/2014 | Sold | $4,350,000-9.4%$669/sqft |
Source: TSMLS #20141088 Report a problem | ||
| 8/28/2014 | Price change | $4,800,000-1%$738/sqft |
Source: Chase International #20141088 Report a problem | ||
| 8/16/2014 | Price change | $4,850,000-1%$746/sqft |
Source: Chase International #20141088 Report a problem | ||
| 8/8/2014 | Price change | $4,900,000-1%$754/sqft |
Source: Chase International #20141088 Report a problem | ||
| 8/5/2014 | Listed for sale | $4,950,000+32%$762/sqft |
Source: Chase International #20141088 Report a problem | ||
| 5/11/2012 | Listing removed | $3,750,000$577/sqft |
Source: Chase International #20111316 Report a problem | ||
| 3/14/2012 | Listed for sale | $3,750,000$577/sqft |
Source: Chase International #20111316 Report a problem | ||
| 12/21/2011 | Listing removed | $3,750,000$577/sqft |
Source: Chase International #20111316 Report a problem | ||
| 6/11/2011 | Listed for sale | $3,750,000-34.8%$577/sqft |
Source: Chase International #20111316 Report a problem | ||
| 6/1/2008 | Listing removed | $5,750,000$885/sqft |
Source: Intero Commercial #2801097 Report a problem | ||
| 5/3/2008 | Listed for sale | $5,750,000$885/sqft |
Source: Intero Commercial #2801097 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $63,227 +14.5% | $5,814,000 +13.4% |
| 2024 | $55,204 +0.3% | $5,125,532 +2% |
| 2023 | $55,039 +1.8% | $5,025,032 +2% |
| 2022 | $54,062 +4% | $4,926,503 +2% |
| 2021 | $51,964 -0.2% | $4,829,905 +1% |
| 2020 | $52,072 | $4,780,381 +2% |
| 2019 | $52,072 +2.7% | $4,686,649 +2% |
| 2018 | $50,689 +1.9% | $4,594,755 +2% |
| 2017 | $49,743 +1% | $4,504,663 +2% |
| 2016 | $49,243 +2% | $4,416,337 +1.5% |
| 2015 | $48,261 +135.7% | $4,350,000 +134.4% |
| 2014 | $20,472 | $1,855,556 -33.4% |
| 2013 | -- | $2,786,544 +54.6% |
| 2012 | -- | $1,802,170 +2% |
| 2011 | -- | $1,766,835 +0.8% |
| 2010 | -- | $1,753,631 -0.2% |
| 2009 | -- | $1,757,798 +2% |
| 2008 | -- | $1,723,332 +53.1% |
| 2007 | -- | $1,125,332 +157.7% |
| 2006 | -- | $436,600 |
Find assessor info on the county website
Neighborhood: 96146
Nearby schools
GreatSchools rating
- 9/10Tahoe Lake Elementary SchoolGrades: K-5Distance: 4.1 mi
- 7/10North Tahoe SchoolGrades: 6-8Distance: 4.4 mi
- 9/10North Tahoe High SchoolGrades: 9-12Distance: 4.4 mi
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Estimated market value
$4,974,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$4,974,200
- California
- Placer County
- Truckee
- 96146
- 5048 River Rd