1081 Sandy Way, Olympic Valley, CA 96146

$2,695,000 Asking Price

4 beds
4,155  sqft
Built in 1994

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, Bonus room with a unique tribute to Coke, 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 also has an atrium, living area, kitchen, bedroom and bathroom, washer and 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, or rent all three units for maximum income potential. The property has been used as full-time rentals for locals, fostering a sense of community. Don't miss this incredible opportunity to own a property that offers flexibility, luxury, and endless outdoor enjoyment in Olympic Valley. Whether you're looking to live, rent, or a combination of both, this property has it all!


Features & Amenities

Interior

Rooms:
Rec Room
Appliances:
Range,Oven,Microwave,Disposal,Dishwasher,Refrigerator,Washer,Dryer
Laundry:
Room
Flooring:
Carpet,Wood,Tile
Heating:
Propane,Hydronic,Radiant,In Floor

Exterior

Parking:
Two

Construction

Roofing:
Composition
General:
Stucco, Three, Perim Concrete

Location

County:
Placer

Lot

Zoning:
Residential

Utilities

Water:
Water Company
Sewer:
Utility District

This listing courtesy of:
COMPASS, Valerie Forte

About Olympic Valley, CA

Housing

Number of Units
3,544
Median Home Value
$938,401
Median Rent
$1,612

44.88% of housing units are renter occupied.

70.72% are vacant.

Commute

Car
42.38%
Public Transportation
0.12%
Walk to Work
2.30%
Work from Home
53.17%
Other
0.20%

The median travel time to work is 10 minutes.

People

Population
2,241
Median Age
43.80
Median Household Size
2.57

Education

High School
8.81%
Associate’s Degree
5.40%
Bachelor’s Degree
44.54%
Graduate Degree
13.60%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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