Property Care Guide
1995 Olympic Valley Rd #405, Olympic Valley, CA 96146
Olympic Valley, CA 96146 · Elevation 6200 ft
the Vill At Squaw Val Ph#1(1St Ascent) Condo
Location & Property Details
- Elevation
- 6200 ft
- Fire Hazard Severity Zone
- Very High (CAL FIRE FHSZ)
- Fire District
- Olympic Valley Fire Department
- Water
- Olympic Valley PSD
- Electric
- Liberty Utilities
- Gas
- Southwest Gas
TR Tahoe provides year-round property care across Olympic Valley and North Lake Tahoe.
Seasonal Maintenance Calendar for Olympic Valley
At 6200 ft in a Very High fire hazard zone, this property has specific seasonal maintenance requirements. Actual timing shifts 2–4 weeks in heavy snow years.
Spring
- Clear winter debris, pine needles, and broken branches from roof, gutters, and around foundation
- Inspect roof for damage from snow load; check flashing and shingles
- De-winterize exterior plumbing and irrigation systems
- Check deck boards and railings for rot or separation from frost heave
- Schedule HVAC filter change and sealed-combustion system inspection per manufacturer schedule - modern units require annual service to maintain efficiency and warranty coverage
Summer
- Create and maintain 100-ft defensible space (zones 0/1/2 per CAL FIRE)
- Stain or reseal decks during dry weather window
- Inspect and clean chimneys, stovepipes, and spark arrestors
- Test smoke and CO detectors; replace batteries
- Review smart home and monitoring systems: thermostat scheduling, camera battery backup, and leak-sensor alerts are especially valuable for unoccupied vacation properties
Fall
- Clear pine needles from roof, gutters, and within 5 ft of structures (Zone 0)
- Winterize exterior plumbing: drain hoses, shut-off exterior spigots, blow out irrigation
- Service heating system and replace furnace filters
- Check roof for loose shingles before snow season
- Test smoke/CO sensor connectivity and remote alert delivery before closing for the season - post-2000 systems integrate with monitoring apps that require annual re-verification
Winter
- Monitor snow load on roof
- Keep attic and crawlspace ventilation clear of snow to prevent ice dams
- Check for ice dam formation at eaves and roof valleys
- Ensure heat tape on exposed pipes is functioning
What This Means for an Owner Here
Sitting inside a Very-High Fire Hazard Severity Zone changes the maintenance contract on a property. A parcel at 6,200 ft in Olympic Valley falls under Olympic Valley Fire Department jurisdiction, and the calendar of work is set by them rather than by the owner: spring clearance of Zone 0 before vegetation greens up, summer maintenance of Zones 1 and 2, and fall verification ahead of red-flag season. In the the Vill At Squaw Val Ph#1(1St Ascent) Condo area, The penalty for falling behind isn't a fine - it's a non-renewal notice from the insurance carrier.
Service Area & Utility Context
Liberty Utilities electric service in California carries the wildfire-mitigation overhead of PSPS (Public Safety Power Shutoff) events. Any property in Liberty's service area benefits from a documented PSPS plan: which circuits hold during a shutoff, what backup options exist, and how long the residence can hold without grid power before pipes are at risk.
Property Profile
This 2000 structure - 1,354-sq-ft3 bedrooms 3 bathrooms sitting on a 0.29-acre lot - sits at 6,200 ft in the Olympic Valley area; at a recorded price of $1,194,500; classified by the county as single fam res condo. Maintenance planning for a property of this size and vintage typically follows a 3-year capital cycle plus annual envelope and mechanical service; current assessed value sits at $1,292,827.
Fire District Inspection: Olympic Valley Fire Department
For this parcel under Olympic Valley Fire Department jurisdiction, the May through July window structures the maintenance calendar. Olympic Valley Fire Department conducts defensible space inspections in the Valley, coordinating with Placer County on permit compliance. The Valley's narrow access and high snowfall create specific emergency access considerations — clearance of 10 ft on both sides of private driveways for emergency vehicles is enforced. A 2000-built home at 1995 Olympic Valley Rd #405 that ties Zone-by-Zone maintenance to specific calendar weeks - rather than reacting to the inspection notice when it arrives - both clears inspection cleanly and reduces total annual hours spent on compliance work.
the Vill At Squaw Val Ph#1(1St Ascent) Condo — Community
This property is in the the Vill At Squaw Val Ph#1(1St Ascent) Condo subdivision in Olympic Valley, Placer County. Contact TR Tahoe for property-specific information about local maintenance considerations, neighbor patterns, and service availability in this community.
Placer County — Permits, Taxes & Compliance
Permits
Portal: PlacerGOV (placer.ca.gov/buildingpermits)
PlacerGOV (placer.ca.gov/buildingpermits) is the entry point for any work on a 2000-built structure in Placer County. Any structural, re-roof, electrical, or HVAC project triggers a Placer County Building permit requirement, submitted through the PlacerGOV portal. Inside the Lake Tahoe Basin, TRPA review runs in parallel with the county process - owners should plan for an extended permitting window compared to projects outside the Basin. For a parcel at 6,200 ft, the practical timeline runs longer than the published window - staging documentation early shortens the back-and-forth.
Short-Term Rental Rules
TOT Rate: 10%
If 1995 Olympic Valley Rd #405 is operated as a short-term rental, the Placer County 10% TOT applies and registration is enforced. Placer County requires a TOT (Transient Occupancy Tax) certificate for all short-term rentals under 30 days. The certificate number must be posted in all listing platforms. TOT is collected and remitted to Placer County quarterly. Violations can result in back-tax liability plus penalties. The compliance overhead is roughly two hours per year of documentation if the operator is organized; multiples more if they are not.
Property Tax & Transfer
Placer County administers the assessor records for this parcel (current assessed value $1,292,827). California Prop 19 (effective Feb 2021) changed parent-to-child property transfer rules - only a primary residence transfer receives the reassessment exclusion, and the exclusion is capped. Investment and vacation properties no longer receive automatic exclusion. Placer County Assessor administers transfers. A 2000-built structure that has been in a family for decades typically faces the largest gap between assessed value and current market - that gap shapes both transfer strategy and inheritance planning.
Fire Compliance
Agency: CAL FIRE — Placer Unit, in conjunction with local fire districts
Fire compliance at 1995 Olympic Valley Rd #405 is overseen by CAL FIRE — Placer Unit, in conjunction with local fire districts. Placer County properties in the Tahoe Basin are designated Very High FHSZ (Fire Hazard Severity Zone) by CAL FIRE. Annual defensible space inspections are conducted by local fire districts under contract with CAL FIRE. Non-compliance can affect homeowner's insurance coverage and may result in abatement notices. The Very High FHSZ designation here means inspections are non-discretionary, and the calendar is set by the agency rather than by the owner.
Short-Term Rental Context: Olympic Valley / Squaw Valley (96146)
The Olympic Valley / Squaw Valley STR market sits at 30.9% registered operator density. Olympic Valley (96146) has the highest STR density in Placer County at 30.9% of registered properties. Palisades Tahoe ski access drives winter occupancy rates that rival summer. Premium ski-in/ski-out and village-area units regularly exceed $100K gross annually. Placer County TOT applies at 10%; the valley's HOAs vary widely on STR rules — verify with your specific complex before operating. A 1,354 sq ft home at 6,200 ft typically sees the spread inside the $55,000–$80,000 band determined by amenity load (hot tub, EV charger, pet-friendly), not by raw nightly rate.
Income estimates are based on Placer/El Dorado County TOT filings and publicly reported AirDNA/VRBO North Lake Tahoe data, 2023–2024. Actual results vary by property type, condition, and operator.
Olympic Valley: Community Background
Development era: 1949 (resort established) — 1960 Winter Olympics
Olympic Valley gained international recognition when it hosted the 1960 Winter Olympics — the first Olympics to use computers for scoring and timing. The ski area was developed by Alex Cushing starting in 1949. The valley had almost no infrastructure before the Olympic bid; the Games required construction of an Olympic Village and facilities that became the foundation for the resort community. Most residential construction dates to the post-1960 period, with the Village at Palisades Tahoe built 2000–2002. A 2000-built property at 6,200 ft like 1995 Olympic Valley Rd #405 sits in the middle of that historical arc - meaning the surrounding zoning, road access, and utility easements all reflect decisions made during the 1949 (resort established) — 1960 Winter Olympics era, not current planning practice. That gap matters more for renovation planning than most owners expect.
Olympic Valley (Squaw Valley): Local Events & Lifestyle
Olympic Valley is a true ski-resort community: compact, high-altitude, and oriented around winter sports. The Village at Palisades Tahoe provides lodging, dining, and retail without requiring a car. Summer is strong but secondary to ski season for property income. The Valley has the highest STR density (30.9%) of any Tahoe zip. For an owner at 1995 Olympic Valley Rd #405, that character translates directly into property-level decisions: which weeks command rental premium, which seasons demand the highest maintenance attention, and which amenities matter to long-term resale.
Palisades Tahoe Ski Season
December–April (weather dependent, typically 140+ days)
Palisades Tahoe (formerly Squaw Valley / Alpine Meadows combined as of 2021) is the largest ski resort in the Lake Tahoe area by skiable terrain. The Valley's properties see their highest rental demand during peak ski weekends (Martin Luther King weekend, Presidents' Day, Spring Break). For owners at 1995 Olympic Valley Rd #405, this is one of the calendar markers worth knowing - both for personal use planning and rental availability.
Wanderlust Festival
Late July (intermittent)
When held, Wanderlust draws thousands for yoga, meditation, music, and outdoor wellness programming at the Valley base. Drives a significant occupancy spike in July.
Olympic Valley Heritage
Year-round
The Valley hosted the 1960 Winter Olympics. The Olympic Rings at the base area and the High Camp lift-accessible facility at 8,200 ft are distinctive amenities. The heritage positioning supports premium marketing for property rentals and sales. A property at 6,200 ft in Olympic Valley sees this in the surrounding ecosystem of dining, lodging, and traffic patterns each year.
Property Record
- Bedrooms
- 3.0
- Bathrooms
- 3.0
- Living Area
- 1354 sq ft
- Lot Size
- 0.29 acres
- Year Built
- 2000
- APN
- 096-652-004-000
Data from county assessor public records. May differ from current as-built condition.
Managing a Renovation or Remodel?
Out-of-area owner planning a project in Tahoe? TR Tahoe provides owner’s representative and construction oversight services — real-time photo documentation, invoice review with broker oversight, weekly progress reports, and budget tracking against your contractor’s estimate.
- Real-time photo documentation
- Invoice tracking with broker oversight
- Weekly progress reports
- Budget tracking against contractor estimate
Seasonal Care, Handyman & Maintenance
TR Tahoe has served North Lake Tahoe since 1997. Pine needle clearing, defensible space, snow load monitoring, pipe freeze prevention, deck staining, fire prep — the work that keeps a Tahoe property in good shape and your insurance in force.
Considering Buying 1995 Olympic Valley Rd #405, Olympic Valley, CA 96146?
I’m Tristan Roberts — a licensed Lake Tahoe Realtor (DRE #01259729, Coldwell Banker) and the founder of TR Tahoe Property Care. I represent buyers, and I bring both the brokerage and the property-care lens to every showing.
When you view this home with me, I’ll point out:
- What this property’s elevation (6200 ft) and Very High fire hazard zone mean for ongoing maintenance and insurance.
- How the Olympic Valley PSD water source and Olympic Valley Fire Department district affect long-term costs.
- Issues common to 2000-era construction in Olympic Valley.
- STR (short-term rental) viability and county compliance for Olympic Valley.
Broker of Record: Coldwell Banker Realty — DRE #01259729 — 475 N Lake Blvd Unit 102, Tahoe City, CA 96145 (Cal. Bus. & Prof. Code §10140.6)
Equal Housing Opportunity. We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the nation.
Or text/call directly: (530) 448-1734 · tristan@cblaketahoe.com
Looking to buy, sell, or value this property?
Tristan Roberts is a licensed Coldwell Banker real estate broker with 27 years in North Lake Tahoe (DRE #01259729).
View sale history and market data at cblaketahoe.com →
This page is a property care and maintenance reference, not a real estate listing or appraisal.