Property Care Guide
272 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
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. 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 operates the California-side electric grid at this property's location, which means PSPS protocols, rate cases, and outage-restoration timelines are governed by CPUC. A property at 6,200 ft in Liberty territory typically benefits from battery backup sized for the longest historical PSPS event in the region - usually 72 hours.
Property Profile
Public records show a 2,001-sq-ft home built in 2019 on a 0.44-acre lot, with 3 bedrooms and 3 bathrooms as of the last assessor update; current assessed value sits at $1,011,619. The combination of structure size and lot area at 6,200 ft typically drives both the seasonal-maintenance load and the defensible-space perimeter the Olympic Valley Fire Department expects; at a recorded price of $925,000.
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 2019-built home at 272 Palisades Cir 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.
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
Property tax treatment for 272 Palisades Cir follows Placer County assessor practice. 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. For a 2019-built parcel (current assessed value $1,011,619), transfer planning benefits from a sit-down with both the assessor and tax counsel before any change in title.
Fire Compliance
Agency: CAL FIRE — Placer Unit, in conjunction with local fire districts
Under CAL FIRE — Placer Unit, in conjunction with local fire districts oversight, this parcel sits in a Very High FHSZ tier. 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. The maintenance cadence the agency expects is roughly: clear in spring, verify in summer, reconfirm before red-flag season - three touchpoints per year, not one.
Short-Term Rental Context: Olympic Valley / Squaw Valley (96146)
Operating an STR at 272 Palisades Cir in the Olympic Valley / Squaw Valley zip means competing inside a 30.9%-density market. 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. The properties that consistently land in the upper half of $55,000–$80,000 are the ones whose owners reinvest 8-12% of gross back into the unit annually - appliances, soft goods, deferred maintenance - rather than skimming.
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. 272 Palisades Cir sits inside that history. A 2019-built structure here carries the layered character of the area's development arc - original parcels, mid-century expansions, and modern infills cohabiting the same blocks.
Olympic Valley (Squaw Valley): Local Events & Lifestyle
Local context for Olympic Valley (Squaw Valley): 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. A 2019-built 2,001 sq ft property at 6,200 ft sits inside that pattern - both the lifestyle benefits and the operational rhythm follow from it.
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. 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
- 118-020-020-000
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 272 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.
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.