Property Care Guide
227 Olympic Valley Rd #55, Olympic Valley, CA 96146
Olympic Valley, CA 96146 · Elevation 6200 ft
Tavern Inn No2 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 Tavern Inn No2 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
Communities like the Tavern Inn No2 Condo area distribute maintenance across owner-paid and association-paid categories on a property-specific schedule. The association's reserve study tells the long-term story; the most recent budget tells the short-term one. Both should live in the property file.
Property Profile
On record: a 2000-vintage 1,482-sq-ft layout, 2 bedrooms and 2 bathrooms , set on a 0.27-acre lot; classified by the county as single fam res condo; current assessed value sits at $611,000. The parcel sits at 6,200 ft within Olympic Valley Fire Department territory; at a recorded price of $520,000; the assessor lists 255 sq ft of garage area, and the maintenance profile follows the standard pattern for a structure of this age and size at this elevation.
Fire District Inspection: Olympic Valley Fire Department
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. Olympic Valley Fire Department runs the Defensible Space and Structure Hardening program with field activity concentrated in May through July. For a 1,482 sq ft property at 227 Olympic Valley Rd #55, the highest-leverage owner habit is documented self-inspection: photograph each zone, note clearance distances, and store the record alongside the prior year's inspection report.
Tavern Inn No2 Condo — Community
This property is in the Tavern Inn No2 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)
For 227 Olympic Valley Rd #55, structural and mechanical work routes through PlacerGOV (placer.ca.gov/buildingpermits). 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. Owners of a 2000-built home at 6,200 ft should budget review time accordingly - TRPA overlap on Tahoe Basin parcels is the dominant timeline driver.
Short-Term Rental Rules
TOT Rate: 10%
Short-term rental operations at 227 Olympic Valley Rd #55 are governed by Placer County with a 10% transient occupancy tax. Any rental under 30 days within Placer County triggers the TOT certificate requirement. Listing platforms must display the certificate number, and TOT remittance is quarterly. Operating without registration accumulates back-tax liability and penalty exposure that compounds quickly. Owners considering STR use should align registration with the property's sale-cycle planning.
Property Tax & Transfer
Placer County administers the assessor records for this parcel (current assessed value $611,000). Under Prop 19 (Feb 2021), parent-to-child transfers only qualify for the reassessment exclusion if the property is a primary residence, and even then the exclusion is capped. Vacation and investment properties lost the automatic exclusion. The Placer County Assessor administers all 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
CAL FIRE — Placer Unit, in conjunction with local fire districts carries fire-compliance jurisdiction over this 2000-built parcel at 6,200 ft. 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. For an Very High-zone property, owners who treat defensible space as an annual maintenance contract rather than a one-time task carry the lowest non-renewal risk.
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 1,482 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
Neighborhood-level context for due diligence: 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 structure at 227 Olympic Valley Rd #55 reads as a single data point inside the larger Olympic Valley inventory, and the 1949 (resort established) — 1960 Winter Olympics cohort it belongs to is what sets resale comparables, lender appetite, and the depth of the local contractor bench that actually knows how to service it.
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 227 Olympic Valley Rd #55, 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). A property at 6,200 ft in Olympic Valley sees this in the surrounding ecosystem of dining, lodging, and traffic patterns each year.
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. For owners at 227 Olympic Valley Rd #55, this is one of the calendar markers worth knowing - both for personal use planning and rental availability.
Property Record
- Bedrooms
- 2.0
- Bathrooms
- 2.0
- Living Area
- 1482 sq ft
- Lot Size
- 0.27 acres
- Year Built
- 2000
- APN
- 096-460-058-000
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 227 Olympic Valley Rd #55, 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.