The Village at Palisades Tahoe Condos

Various Condo Addresses and different buildings for The Village at Palisades Tahoe (formerly known as the Village at Squaw Valley condominium complex:

Palisades Tahoe | Olympic Valley, CA 96146

If you already own a condo in the Village at Palisades Tahoe and want to know what your property is worth, call me 530.414.1260 for a confidential consultation.

The Village at Palisades Tahoe Condominium Complex Features:

Mountain Ski Resort Property Development
Located at the base of the Palisades Tahoe Ski Resort
Ski Mountain* (Ski-in and Ski-out Resort)
First level is comprised of commercial businesses (retail stores, restaurants/food-beverage, services)
All condo units are located on levels two (2), three (3) and four (4)
Approximately +/- 290 Units
Each building has its’ own amenities.
- Outdoor In-ground Hot Tubs/Spas
- Fitness Room
- Children Play Room | This feature may not be available in all buildings
Each unit gets a ski locker. Lockers are not big enough for a bike, just skis, snow boards, and/or snow shoes.
Laundry facilities
EV’s – Electric Vehicle (EV) Charging Stations
Covered parking
On-site Concierge services for housekeeping, shopping, transportation and owner services.
Variety of Settings:
- View of Mountains and Village
- View of Interior of Village and Mountains
- View of Mountains and Parking areas

Floor Plans and Layouts:
- Studio w/1 Bathroom (Hotel style room) (Size Varies +/- 593 sq. ft. to +/-802 sq. ft.)
  - Only four (4) studio units in the entire complex.
  - All studio units are located in Building 5 | 1750 Village East Road.
- One (1) Bedroom, Living Room w/Fireplace, and 1 and/or 1.5 Bathrooms (Size Varies +/- 547 sq. ft. to +/-929 sq. ft.)
- Two (2) Bedrooms, Living Room w/Fireplace, and 2 Bathrooms (Size Varies +/- 824 sq. ft. to +/-1,231 sq. ft.)
- Three (3) Bedrooms, Living Room w/Fireplace, and 3 Bathrooms (Size Varies +/- 1,223 sq. ft. to +/-1,930 sq. ft.)
- Four (4) Bedrooms, Living Room w/Fireplace, and 4.5 Bathrooms, (Size Varies +/- 2,347 sq. ft. to +/-3,076 sq. ft.) Only three (3) Penthouse units built in the complex and can have two levels.

- Note: Units can be a stand-alone, or a combination of several units.
  - If you see more than one unit number, then there are multiple units and owners can use one unit, while still renting out the other unit(s). They can also have one large unit by just unlocking the adjoining doors between the units.
- Some units may have one Assessor Parcel Number (APN), but some multiple units may have multiple APN numbers depending on how they were originally sold by the developer.
- A few units (penthouse) have a washer/dryer in the unit, but almost all of the units do not have that appliance.
- Most units are single floor living, while the penthouse units can have two levels.
- Elevators are in all buildings, along with staircases.
- Most units have one (1) covered parking space. Some units may have two (2) spaces.
Built-in: early 2000’s
Located in Placer County
Property Type: Condominium
Most likely, potential loan lenders will consider the Village at Palisades Tahoe as a “condo-hotel” and they may not have a loan program for this type of property.
- Buyers that may need a loan and do not have cash as an option should get pre-qualified with a “condo-hotel” lender as soon as possible. Talk to your Real Estate Agent for more options.
On-site Property Management – Vacation Rental Option for Owners, which is operated by a third party Squaw Valley Hospitality Vacation Rental Program and is located at 1750 Village East Road (Building 5) (lobby | check-in front desk) building 5. Owners are NOT required to be on the on-site Vacation Rental Program.
Owners who remodel, or have a custom kitchen are not eligible for the on-site vacation rental program because of the inconsistent presentation on the room/unit.
Two (2) HOA fees for a combined total assessment:
- One HOA fee for the Master Planned Development
- One HOA fee for the individual unit.
The Master Planned HOA known as “Squaw Village Neighborhood Company” has a flat fee per unit.
- The fee for 2022 billed quarterly is $819/quarter, (or for comparison purposes $273/monthly).
- This association takes care of all of the common areas in the Village, along with waste management (trash), snow removal, and liability insurance for the common areas, streetscape, underground parking, storm water management, and Village events.
HOA Unit Fee covers the following:
- All utilities – water, gas, electric, sewer, water, and garbage (not included phone and Internet)
- Insurance on the structure and common areas in the building
- Maintenance & Repair of spa areas and ski lockers
- Landscaping
- Basic Cable TV
Phone and Internet can be purchased through Palidates Tahoe Hospitality at approximately +/-$75/month for owners on the on-site vacation rental program.
Non-Rental Village Owners can purchase just the Internet service for approximately +/- $40/month
There are two HOA groups The Village 22 Station Association (“22 Station”) and the First Ascent Owners Association (“First Ascent”). The difference is when the buildings were built: the first phase and the second phase.
- 1750 Village East Road (Building 5) (22 Station)
- 1850 Village South Road (Building 4) (22 Station)
- 1880 Village South Road (Building 3) (First Ascent)
- 1985 Olympic Valley Road (Building 2) (First Ascent)
- 1995 Olympic Valley Road (Building 1) (First Ascent)

Fees can vary based upon the final configuration and whether it is located in a 22 Station building (Buildings 4 & 5), or a First Ascent building (Buildings 1, 2, & 3).

Buyers should always verify all information on the unit(s) they are considering.

Here are some approximate/estimated HOA fees for 2023 to give you an idea on expense costs.
Actual HOA Fees are determined by the size/floor plan and location of the unit

Station 22 (Buildings 4 & 5)
- Station 22 | Studio | +/-$883/month (Master HOA + Unit) for 2020 – no Public Reported MLS Sales for 2021, 2022
- Station 22 | One (1) Bedroom +/-$1,123/month (Master HOA + Unit)
- Station 22 | Two (2) Bedroom +/-$1,230/month (Master HOA + Unit)
- Station 22 | Three (3) Bedroom +/-$1,244/month (Master HOA + Unit)
- Station 22 | Four (4) Bedroom $ Not Available
First Ascent (Buildings 1, 2, & 3)
- First Ascent | One (1) Bedroom +/-$955/month (Master HOA + Unit)
- First Ascent | Two (2) Bedroom +/-$1,249/month (Master HOA + Unit)
- First Ascent | Three (3) Bedroom $1,244/month (Master HOA + Unit) For 2021
- First Ascent | Four (4) Bedroom $ Not Available
Not Covered by the HOA:
- Personal property tax bill (your state property tax bill) for your unit
- In-room phone & Internet
- Liability/Renters, or content insurance coverage
- Maintenance in your unit – Furnishings. If something breaks in your unit, you are responsible for that repair.
HOA Mandatory fees are a sliding scale that the HOA has developed.
HOA Special Assessments: In the past owners have had the option to participate in a voluntary recent refurbishment of their units. Owners paid between approximately $10,000 to $50,000 depending on their unit configuration to complete the upgrade.
HOA Transfer Fee: Currently there is no HOA Transfer Fee ($0) when ownership changes.
HOA Doc Prep Fee: Currently there is no HOA Doc Prep Fee ($0) when ownership changes
No Additional Private Real Estate Transfer Fee
Vacation Rentals: Village condo owners should know that while there are no current restrictions on vacation rentals (agents cannot project future rules/regulations on rentals), owners that do rent out their units are responsible for the Transit Occupancy Tax of 10% plus the Squaw Valley Neighborhood Company Civic Fee of 2%, which is also charged on short term rentals (less than a 30-day stay), plus 1% for Olympic Valley tourism, for a total of 13% for short-term vacation rentals, which owners are responsible for paying.

What to Expect if you’re an owner on the Palisades Tahoe Hospitality Vacation Rental Program (general consideration – check with the rental company directly to confirm any and all information):

Owners can expect to pay for a professional property management fee, which will include an actual breakdown for cleaning, maintenance expenses for the unit, management, marketing etc… The net to the owner after rental expenses may vary and does not include the HOA fees, property taxes, or income taxes.
Gross Rental Income: Potential Rental Income will be impacted by how much an owner uses the unit, especially during peak demand times.
- Expect seasonality in demand and use by vacation renters. Consider the rental averages for the unit size you are considering as actual results will vary and past results are not a guarantee of future revenue. Want more information on what to consider if you are thinking about doing short-term rentals, click here.
Owners on the rental program will have to pay a cleaning fee after each time they use their own units. The actual cleaning fee will vary depending on the size of the unit and how much work is needed to clean it – additional expense.
Owners will have to pay for a phone land-line and Internet in the room – additional expense. Owners are periodically charged for new linens, and will need to keep the unit in top condition for vacation rentals (fund a refurbish and replacement account).
You can check out the vacation rentals their website at: Palisades Tahoe Village Lodging – Vacation Rentals to learn more about how they market their properties.

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Need more help in trying to figure out your Village at Palisades Tahoe, Resort at Squaw Creek, or entire Olympic Valley area Condo / townhome buying options?

Do you want to learn more about the different neighborhoods, locations, developments and their amenities, HOA fees and the ones that will best meet your needs?

Call me at 530.414.1260 and I can help you find the right place to buy!

For all of your Tahoe Real Estate Needs:
Laura A. Allen | 530.414.1260 | Laura@TahoeLaura.com
BROKER ASSOCIATE | Tahoe Real Estate Agent
CalRE# 01473598
Coldwell Banker | Tahoe City -Truckee, CA

All information is deemed reliable, but is subject to change, and/or correction without notice.
Buyers and Sellers should investigate and verify all information to their own satisfaction.

The Village at Palisades Tahoe Condos