Property Care Guide

256 Palisades Cir, Olympic Valley, CA 96146

Olympic Valley, CA 96146 · Elevation 6200 ft

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

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

The Very-High Fire Hazard Severity Zone designation is the single largest factor shaping annual maintenance for a property like this one. Defensible space is non-discretionary at all three zones, and the Olympic Valley Fire Department will compel compliance if owners delay. The practical reality is that Zone 0 work (the first five feet around the structure) is treated as part of the building's fire protection, not its landscaping.

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

A 2,001-sq-ftproperty built in 2019, with 3 bedrooms and 3 bathrooms on a 0.44-acre lot, sits at 6,200 ft under Olympic Valley Fire Department jurisdiction; the last recorded sale was in 2023 at a recorded price of $1,750,000; current assessed value sits at $1,820,700. The annual maintenance cost on a structure of this configuration depends primarily on roof condition, deck linear footage, and the state of any original utility runs; the assessor lists 675 sq ft of garage area.

Fire District Inspection: Olympic Valley Fire Department

Inspection Window May through July
Program Defensible Space and Structure Hardening

Defensible Space and Structure Hardening from Olympic Valley Fire Department concentrates field visits in the May through July window. 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. The owners of 256 Palisades Cir who treat the visit as a confirmation rather than a first-pass inspection - meaning Zone 0 work happens two weeks earlier on the owner's own initiative - rarely see follow-up notices.

Get defensible space help before inspection season →

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 2019-built structure in Placer County. All structural work, additions, re-roofing, electrical upgrades, and HVAC replacements require Placer County Building permits. The PlacerGOV online portal handles most permit applications. For properties in the Lake Tahoe Basin, TRPA compliance review runs concurrently with county review - expect a longer permitting timeline. 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%

Running this 2,001 sq ft property as a vacation rental falls under Placer County rules: TOT applies at 10%. 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. For a 2019-built structure, registration and renewal cycles align with annual fire-district inspections - sequence them together.

Property Tax & Transfer

Placer County administers the assessor records for this parcel (current assessed value $1,820,700). Prop 19 reshaped parent-to-child transfer treatment effective February 2021: the reassessment exclusion now applies only to primary residences and carries a cap. Investment and vacation property transfers no longer qualify for the old exclusion. The Placer County Assessor handles transfer processing. A 2019-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 2019-built parcel at 6,200 ft. CAL FIRE designates Tahoe Basin parcels in Placer County as Very High FHSZ. Annual defensible-space inspections are run by local fire districts under CAL FIRE contract. Non-compliance creates two cascading risks: insurance coverage exposure and the possibility of an abatement notice from the district. 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)

30.9% of properties in this zip are registered STR operators
$55,000–$80,000 estimated median gross annual STR income
Peak months: December through March (ski season) and July–August

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. For a 2019-built 2,001 sq ft property at 256 Palisades Cir, gross-revenue performance inside that envelope depends on three operator decisions: dynamic pricing through peak weeks, professional photography that survives the OTA crop, and a turnover crew that holds the property to a consistent inspection standard.

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 2019-built structure at 256 Palisades Cir 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 256 Palisades Cir, 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 256 Palisades Cir, 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. A property at 6,200 ft in Olympic Valley sees this in the surrounding ecosystem of dining, lodging, and traffic patterns each year.

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.

Property Record

Bedrooms
3.0
Bathrooms
3.0
Living Area
2001 sq ft
Lot Size
0.44 acres
Year Built
2019
APN
118-030-002-000

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

See a Sample Project Project Management Services

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.

Request Maintenance Quote

Considering Buying 256 Palisades Cir, 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 2019-era construction in Olympic Valley.
  • STR (short-term rental) viability and county compliance for Olympic Valley.

By submitting this form, you agree to be contacted by Tristan Roberts (DRE #01259729), Coldwell Banker Realty (DRE #01259729). California law requires a written buyer representation agreement before touring a home; I will send one before any showing. This page is informational and is not a real estate listing, appraisal, or solicitation of a current client of another broker. VERIFY WITH ATTORNEY before relying on any legal obligation language herein.

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 OpportunityEqual 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