Some mountain cabins you rent. Some you dream about owning. This is the one you drop everything for. Soaring vaulted ceilings with original timber beams, a dramatic wall of windows pouring forest light into an open living and dining area, and a massive authentic stone fireplace crackling with real wood. Not a gas insert. Not a decorative surround. A genuine wood-burning hearth of the kind that simply cannot be built new in this valley anymore. This is an authentic Tahoe cabin done right: warm, clean, bright, and completely unpretentious. No wasted square footage to heat in winter — just three character-filled bedrooms, a bunk room the kids will never leave, and filtered views of Painted Rock from the upper deck where coffee and dinner both happen. Outside, towering pines frame a generous private yard — hang a hammock, string a slack line, build a treehouse. Some mornings a black bear wanders through the forest across the street, just to remind you where you are. The Mountaineer picks you up at your door for stress-free, car-free days at Palisades Tahoe. A flat circular driveway — a genuine luxury in Tahoe winters — leads to a detached two-car garage that swallows every piece of gear you own. Cabins with this character, this location, and this value don't come around often in Olympic Valley.
Single-familyProperty Type
1978Year Built
0.33 acresLot Size
2 car garageParking
Listed by Breck Overall•DRE #DRE #01760070• Sierra Sotheby's Int - Rock
Lake Tahoe, located between Donner Lake and the Nevada state line, is a lakeside and mountain Truckee neighborhood with granite shorelines and pine-scented trails. The character concentrates around the Northstar Drive and CA-267 junction, where ski-day traffic, gear shops, and après patios set a brisk, outdoors-first tempo. Architectural cues lean to timber-and-stone cabins and contemporary mountain homes with deep eaves and big window walls. Northstar California Resort anchors the calendar with lifts, a village plaza, and seasonal events. The Ritz-Carlton, Lake Tahoe and Alibi Ale Works at Truckee Public House act as social landmarks for dining and local pours. Between beaches, trailheads, and winter access, daily life tracks the weather and the water.
Provided by Walk Score and Local Logic
Market insights
340 Olympic Valley Rd · $1,095,000
DAYS ON MARKET
117 days
The average home goes pending in 33 days.
SALE-TO-LIST
98.7%
Most homes are selling 1% below list price.
LIST PRICE
$1,095,000
Median sale price in this area is $719,639. (34% lower than this home)
PRICE DROP
0 price drops
23% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Great room
Living room fireplace
Bathrooms
2 full bathrooms
Kitchen
Range
Oven
Microwave
Dishwasher
Refrigerator
Disposal
Laundry & utility
Washer
Dryer
Laundry in hall
Flooring
Carpet
Stone
Vinyl
Mixed flooring
Heating & cooling
Electric heating
Exterior features
Deck
Level topography
Street frontage
Trees/woods view
Home design
Mountain-style home
Two levels
Single-family residence
Located in Olympic Valley
Parking
Detached 2-car garage
2 covered parking spaces
Construction
Frame construction
Concrete perimeter / perimeter block foundation
Metal roof
Utilities
Water from utility district
Sewer to utility district
Natural gas not available
HOA & community
Association offers cross-country skiing and downhill skiing
Electricity and solar
View estimated energy costs and solar savings for this home
Located in the heart of Squaw Valley and conveniently located along Squaw Valley Rd on a large lot, this sleek and quaint cabin offers its purchasers a world of adventure right out its doors. Tastefully iconic and ready for your personal touches it lives in a reverse floor plan, and offers a light bright cozy base camp with a 2 car garage to store all of your favorite toys from a day’s outing of skiing the slopes hitting the lake or rocking out to concerts in the village. Live your best life today!
Public Records
Dec 23, 1997
Sold
$257,500
Public Records
Oct 3, 1978
Sold
$113,000
Year
Property tax
Land + Additions
Assessment*
2025
$12,597 (+3.4%)
$541,216 + $595,337
$1,136,553
2024
$12,180 (+0.6%)
$530,604 + $583,664
$1,114,268
2023
$12,102 (+2.2%)
$520,200 + $572,220
$1,092,420
2022
$11,840 (+162.5%)
$510,000 + $561,000
$1,071,000
2021
$4,510 (−0.2%)
$500,000 + $550,000
$1,050,000
2020
$4,518 (−1.0%)
$103,247 + $276,577
$379,824
2019
$4,562 (+10.3%)
$102,189 + $273,742
$375,931
2018
$4,137 (+1.8%)
$100,186 + $268,375
$368,561
2017
$4,062 (+1.0%)
$96,297 + $257,954
$354,251
2016
$4,022 (+2.0%)
$96,297 + $257,954
$354,251
2015
$3,944 (+2.9%)
$94,409 + $252,897
$347,306
2014
$3,832
$91,170 + $244,220
$335,390
2013
$3,835 (+1.7%)
$91,170 + $244,220
$335,390
2012
$3,772 (+4.6%)
$90,758 + $243,117
$333,875
2011
$3,606
$88,979 + $238,350
$327,329
2010
$3,607 (+1.2%)
$87,235 + $233,677
$320,912
2009
$3,564 (+2.2%)
$86,584 + $231,931
$318,515
2008
$3,487
$86,790 + $232,482
$319,272
Public record
Beds
3
Baths
1.5
Stories
—
Lot width
—
Lot depth
—
Lot size
0.33 Acres
Year renovated
—
Finished Sq. Ft.
1,202
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,202
Year built
1978
Style
Single Family Residential
County
Placer County
APN
096272005000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 14, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.62% chance of being in a wildfire in next 30 years
2/10 Heat Factor
12 days above 82° expected this year, 30 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
7/10 Air Factor
10 unhealthy days expected this year, 17 days in 30 years
Provided by First Street
Historical weather
Olympic Valley, CA • 96146
Average low and high temperatures (°F)
39
21
40
24
46
28
47
28
58
36
69
42
71
46
73
46
67
44
56
35
43
27
41
26
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
64/ 100
Moderate sunlight
Sunscore
There appears to be some shading by surrounding buildings, terrain, and vegetation.
8 hrs
2.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 340 Olympic Valley Rd
$1,061,428
$34K under list price of $1.10M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $750K to $1.3M.