1560 Lanny Lane, Olympic Valley, CA 96146, Olympic Valley, 96146 - 4 bed, 2 bath
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1560 Lanny Lane
Olympic Valley, CA 96146
ACTIVE
CONDITION: GOOD
4Beds
2Baths
1,709Sq Ft
17,385Lot Size
Property Price
LIST PRICE$1,595,500
SUMMARY
LOCATION, LOCATION, LOCATION. WALKING DISTANCE TO PALISADES AND OLYMPIC VILLAGE. Discover a rare gem in Olympic Valley with this enchanting mountain cabin! This delightful 4-bedroom, 2-bathroom home boasts an open floor plan and soaring ceilings. A stunning wall of windows floods the living room with natural light, creating a warm and inviting atmosphere. As one of the first homes built in the valley, this cabin offers amazing views of Palisades Ski Resort runs. It is truly a unique piece of history, perfectly positioned to view the iconic KT22, Expedition, Red Dog Runs. Set on a spacious large lot, the generous front deck is ideal for unwinding or hosting gatherings with friends and family. Home has been maintained and updated and can be sold semi-furnished for a turnkey vacation getaway. Currently being used as a short term rental that grossed over $60k in 2024. With world-class skiing, snowboarding, bike trails, hiking, shopping, dining, and a Links golf course just a stroll away. This cabin seamlessly combines charm and functionality, making it the perfect mountain retreat for all to enjoy. CURRENT SKI LEASE JAN1-APRIL30,2026
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
This property is a well-maintained mountain cabin that is move-in ready and currently functioning as a successful turnkey short-term rental. The kitchen has been updated with modern granite countertops and stainless steel appliances (LG brand), and the living area features attractive vaulted wood-beam ceilings and a functional wood-burning stove. While some elements like the kitchen cabinetry and fluorescent box lighting are dated, and the home is one of the original structures in the valley, the overall interior condition is clean with updated flooring and well-preserved architectural features.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 17385, living area = 1709.
- Prime Resort Proximity
The property is situated within walking distance to Palisades and Olympic Village, offering rare and highly desirable access to world-class skiing, dining, and mountain amenities.
- Proven Investment Performance
With a gross rental income of over $60,000 in 2024, this home is a proven short-term rental asset with the option to be sold semi-furnished for a turnkey transition.
CONSRISKS & DEFICIENCIES
- Long-term Lease Encumbrance
The property is subject to a ski lease through April 30, 2026, which prevents immediate owner occupancy or flexibility for new rental management for a significant period.
- Historical Maintenance Needs
As one of the first homes built in the valley, the cabin may require more frequent maintenance or updates to its older systems compared to modern mountain constructions.
About 1560 Lanny Lane
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 0
- Lot Size
- 17,385 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 5.0 |
| Baths | 2.0 | 5.0 |
| Square foot | 1,709 | 3,600 |
| Lot Size | 17,385 | 14,562 |
| Price | $1.60M | $2.30M |
| Price per sq ft | $934 | $639 |
| Built year | 0 | 1960 |
| HOA | $0 | $0 |
| Days on market | 488 | 61 |
Pricing History
Listed for Sale
Mar 30, 2026
$1,595,500
$1,645,500
-3% Price Drop
Initial Listing
Price Change
Jun 23, 2025
$1,645,500
Initial Listing