$4,543,800
- 5 Beds
- 6 Baths
- 6,500 sqft (on 1.30 acres)
5048 River Rd, Olympic Valley, CA 96146
Est. Refi. Payment $27,897/mo*
Refinance Your HomeCurrently Off Market - Sold Feb 21, 2024 for $5,700,000
Home Value
Trulia Estimate
$4.54MSince last month
Decreased$69K (-1.5%)Since last year
Decreased$294K (-6%)Since last sale
Decreased$1M (-19.4%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value decreased by -6% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $4.6M |
| August 2026 | $4.54M |
| July 2026 | $4.66M |
| June 2026 | $5.09M |
| May 2026 | $5.08M |
| April 2026 | $4.63M |
| March 2026 | $4.94M |
| February 2026 | $4.75M |
| January 2026 | $4.65M |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.17 | Single-Family Home | $2,400,000 | 06/15/26 | 4 | 3.5 | 3,698 | |
0.29 | Single-Family Home | $2,965,000 | 10/07/25 | 4 | 4.5 | 3,996 | |
0.52 | Single-Family Home | $2,650,000 | 10/08/25 | 4 | 3.5 | 3,051 | |
0.42 | Single-Family Home | $3,100,000 | 10/06/25 | 4 | 4.5 | 3,529 | |
0.24 | Single-Family Home | $2,300,000 | 11/26/25 | 4 | 3.5 | 2,567 | |
1.04 | Single-Family Home | $3,500,000 | 12/19/25 | 5 | 5 | 4,541 | |
0.38 | Single-Family Home | $1,250,000 | 11/20/25 | 4 | 3 | 2,016 | |
1.03 | Single-Family Home | $3,750,000 | 08/07/26 | 5 | 5.5 | 5,298 | |
1.02 | Single-Family Home | $3,250,000 | 09/08/26 | 4 | 4.5 | 4,195 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.17 | $2,400,000 | 4 | 3.5 | 3,698 | Recently Sold | |
0.22 | - | - | - | - | Off Market | |
0.24 | $2,300,000 | 4 | 3.5 | 2,567 | Recently Sold | |
0.26 | $3,867,700 | 4 | 4.5 | 4,300 | Off Market | |
0.26 | - | 5 | 5.5 | 5,400 | Off Market | |
0.29 | $3,027,900 | 4 | 4.5 | 3,996 | Off Market | |
0.30 | $2,364,600 | 4 | 4 | 3,192 | Off Market | |
0.32 | $4,694,100 | 5 | 7 | 4,627 | Off Market | |
0.33 | $798,000 | 2 | 2 | 1,114 | For Sale | |
0.36 | $763,400 | 3 | 2 | 1,306 | Off Market | |
0.37 | $4,686,000 | 5 | 7 | 4,627 | Off Market |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 2007
1.3 acre lot
6,500 sqft
$699/sqft
Attached Garage
About this House
Set across the Truckee River in a private setting, this lodge-style home is ideal year round. In the summer, enjoy the riverfront location and the natural granite walls of Painted Rock. In the winter, this peaceful setting is minutes from world-class skiing at Palisades Tahoe. The handcrafted log timber frame highlights the attention to detail that is found throughout the home. Relax out on the stone patio and enjoy the lush landscaping as you hear the soothing flow of the river over the rocks. Inside, adjourn with your party up the spiral staircase to the recreation room and when it is time to relax, retire to one of the four ensuite bedrooms. There is no better place to enjoy the company of your friends and family.
5048 River Rd, Olympic Valley, CA 96146 is a 5 bedroom, 6 bathroom, 6,500 sqft single-family home built in 2007. It last sold for the $5,700,000 asking price on Feb 21, 2024. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $4,543,800.
Last check for updates: about 3 hours ago
Listed by William Dietz, (530) 584-3454
Tahoe Luxury Properties
Bought with: William Dietz, (530) 584-3454, Tahoe Luxury Properties
Source: TSMLS, MLS#20240201

Home Details for 5048 River Rd
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Beds & Baths Number of Bedrooms: 5Number of Bathrooms: 6Number of Bathrooms (full): 6 |
Dimensions and Layout Living Area: 6500 Square Feet |
Appliances & Utilities Utilities: PropaneAppliances: Range, Oven, Microwave, Disposal, Dishwasher, Refrigerator, Washer, DryerDishwasherDisposalDryerMicrowaveRefrigeratorWasher |
Heating & Cooling Heating: Propane,HydronicHas HeatingHeating Fuel: Propane |
Fireplace & Spa Fireplace: Fireplace: Living Room, Master BedroomHas a Fireplace |
Levels, Entrance, & Accessibility Levels: Two |
View Has a ViewView: Trees/Woods, Water |
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Exterior Home Features Roof: Composition |
Parking & Garage Has a GarageHas an Attached GarageParking Spaces: 4Parking: Four +,Attached,Oversized |
Frontage Waterfront: River/Creek |
Surface & Elevation Topography: Level |
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Year Built Year Built: 2007 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Mountain |
Building Not a New Construction |
Property Information Parcel Number: 096230040 |
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Price List Price: $5,700,000 |
Status Change & Dates Off Market Date: Wed Jan 31 2024 |
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MLS Status: SOLD |
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Direction & Address City: Olympic ValleyCommunity: Truckee River |
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Building Area Building Area: 6500 Square Feet |
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No HOA |
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Lot Area: 1.3 Acres |
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Special Conditions: Standard |
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Mobile Home Park Mobile Home Units: Feet |
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Mls Number: 20240201Water View |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Feb 21, 2024 Source: TSMLS #20240201 | Sold | $5,700,000 |
Nov 3, 2014 Source: TSMLS #20141088 | Sold | $4,350,000 |
Aug 28, 2014 Source: Agent Provided | PriceChange | $4,800,000 Price decreased by 1% |
Aug 16, 2014 Source: Agent Provided | PriceChange | $4,850,000 Price decreased by 1% |
Aug 8, 2014 Source: Agent Provided | PriceChange | $4,900,000 Price decreased by 1% |
Aug 5, 2014 Source: Agent Provided | Listed For Sale | $4,950,000 |
May 11, 2012 Source: Agent Provided | ListingRemoved | $3,750,000 |
Mar 14, 2012 Source: Agent Provided | Listed For Sale | $3,750,000 |
Dec 21, 2011 Source: Agent Provided | ListingRemoved | $3,750,000 |
Jun 11, 2011 Source: Agent Provided | Listed For Sale | $3,750,000 |
Jun 1, 2008 Source: Agent Provided | ListingRemoved | $5,750,000 |
May 3, 2008 Source: Agent Provided | Listed For Sale | $5,750,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2026 | Unavailable | $5,930,280 |
Home facts updated by county records
Market trends in Truckee
Last updated August 2026
Avg. sale price
$1.13M
$28.83KMoM
Sale-to-List Price
99.4%
0.2%MoM
Price per sq ft
$611
$3MoM
Available listings
266
11MoM
Around this home
What Locals Say about Truckee
At least 158 Trulia users voted on each feature.
91 % Say it's dog friendly
89 % Say car is needed
88 % Say there's wildlife
77 % Say parking is easy
77 % Say people would walk alone at night
75 % Say there's holiday spirit
74 % Say it's quiet
74 % Say yards are well-kept
73 % Say they plan to stay for at least 5 years
67 % Say kids play outside
58 % Say neighbors are friendly
44 % Say there are community events
38 % Say it's walkable to restaurants
18 % Say there are sidewalks
17 % Say it's walkable to grocery stores
16 % Say streets are well-lit
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

The data relating to real estate for sale on this web site comes from the Broker Reciprocity Program of the Tahoe Sierra Multiple Listing Service. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
The information being provided is for the consumers personal , non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.
ยฉ Copyright 2026 Tahoe Sierra Multiple Listing Service. All rights reserved.
The information being provided is for the consumers personal , non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.
ยฉ Copyright 2026 Tahoe Sierra Multiple Listing Service. All rights reserved.
Frequently asked questions about 5048 River Rd
- What is 5048 River Rd estimated to be worth?Trulia's estimated value for 5048 River Rd in Olympic Valley, CA is $4,543,800.
- What is the price history for 5048 River Rd?5048 River Rd in Olympic Valley, CA last sold for $5,700,000 in February 2024.
- Is Olympic Valley a buyer's or seller's market?Olympic Valley is currently a balanced market, based on recent for-sale activity.
- What's the median sale price in Olympic Valley?The median sale price in Olympic Valley is $1.13M. That is up $28.83K from the prior month.
- Does 5048 River Rd have laundry facilities?Yes, 5048 River Rd in Olympic Valley, CA has in-unit laundry.
- How big is the lot at 5048 River Rd?The lot at 5048 River Rd in Olympic Valley, CA is about 1.3 acres.

