Olympic Valley
Olympic Valley, home to the world-renowned Palisades Tahoe (formerly Squaw Valley), is one of Lake Tahoe’s most iconic mountain destinations. Located just minutes from both Tahoe City and Truckee with easy access from Interstate 80, this legendary valley is steeped in Olympic history and surrounded by breathtaking alpine scenery. Known for its deep snow, sunshine, and four-season adventure, Olympic Valley offers an unparalleled mountain lifestyle.
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Location
Nestled between Truckee and the West Shore of Lake Tahoe, Olympic Valley sits along Highway 89, making it one of the most convenient mountain communities in the region. Residents and visitors enjoy quick access to both the lake and town amenities while being surrounded by the towering Sierra peaks. The Valley floor is home to scenic golf courses, bike paths, shops, restaurants, galleries, and year-round events in The Village at Palisades Tahoe.
History
Olympic Valley rose to international fame as the site of the 1960 Winter Olympics, which helped put Lake Tahoe on the map as a premier ski destination. Since then, the area has grown into one of the world’s most celebrated ski resorts. Its rich mountain heritage blends seamlessly with modern development, creating a unique community where rustic charm meets alpine sophistication.
Attractions and Recreation
Palisades Tahoe is the centerpiece of Olympic Valley—an elite ski resort renowned for its challenging terrain, family-friendly areas, and vibrant après-ski scene. With an average annual snowfall of 460 inches and over 300 days of sunshine, the skiing experience here is unmatched. The resort’s gondola now connects Palisades Tahoe and Alpine Meadows, offering access to over 6,000 acres of terrain.
In summer, the valley transforms into a playground for hikers and adventurers. The Shirley Canyon Trail winds past waterfalls to Shirley Lake and connects to the Pacific Crest Trail, offering some of the area’s most stunning alpine scenery. Golfing, mountain biking, and family activities fill the warmer months, while The Village hosts concerts, festivals, and events throughout the year.
Real Estate Market
Olympic Valley real estate offers a diverse mix of options, from classic ski cabins and slope-side condos to luxurious mountain estates. Buyers seeking high-end craftsmanship and privacy often look to subdivisions such as Creekside Estates, Hidden Lake, Squaw Creek, Squaw Summit, and Painted Rock.
The original nine subdivisions—established in the 1950s through the 1970s on the north side of the valley—feature a mix of vintage homes full of ski-town charm and newer, upgraded properties. A few buildable lots remain, offering rare opportunities to design a custom home in one of Tahoe’s most famous ski valleys.
Conclusion
Olympic Valley offers a unique combination of world-class skiing, rich history, and year-round outdoor recreation. Whether you’re hitting the slopes, hiking to alpine lakes, or enjoying the dining and culture of The Village, this is a community that perfectly captures the spirit of the Tahoe lifestyle.
For those seeking a primary home, vacation property, or investment opportunity in this legendary valley, the Rankin Richey Team, your trusted real estate agents in Tahoe City, CA, can help you find the perfect property in Olympic Valley.
View Olympic Valley Luxury Homes ($1,000,000 +).
View Lower Priced Olympic Valley Homes.
View Olympic Valley Lots For Sale.
For the condominium buyer that wants ski in/ski out and good rental income, consider these properties;
Everline Resort & Spa (formerly Resort at Squaw Creek), at the east end of the meadow
Village at Palisades Tahoe (formerly Village at Squaw Valley) at base area of Palisades Tahoe
Palisades Tahoe Lodge (formerly Squaw Valley Lodge) at base area of Palisades Tahoe
Click here to view all other Olympic Valley Condominiums for sale including Christy Hill, Valley View, The Meadows, Tavern Inn and the Aspens.
Search ALL Olympic Valley Listings and Property Homes for Sale. If there is nothing shown below it is because there are currently no listing for this area. Click HERE to search All Listings in North Lake Tahoe and Truckee Area
