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1620 Lanny Ln, Olympic Valley, CA, 96146

4beds
6baths
3,508sqft
$4,250,000
$1,212price/sqft
$27,405/moest. monthly cost
$1,096,200/yrincome needed

About This Home

Built in 2016, the reimagined Klaussen Cabin is an architectural jewel set in the highly sought-after west end of Olympic Valley, with views of the legendary slopes of Palisades Tahoe. This luxury ski retreat showcases exceptional craftsmanship, thoughtful detailing, and a respectful tribute to the vision of renowned architect Henrik Bull. The original cabin, constructed prior to the 1960 Winter Olympics, was Bull’s first independent project and was prominently featured in the May 1958 issue of Sunset Magazine as the “Sunset Idea Cabin,” a milestone that helped propel his distinguished career. Although structural issues required the original home to be removed, the owners and their talented construction team meticulously rebuilt, modernized, and re-created the cabin with remarkable fidelity. The home is composed of three striking prow-front volumes housing the kitchen and dining area, the living room, and the family room. These inspired spaces feature floor-to-ceiling windows framing the surrounding landscape, while the handkerchief-style rooflines add a signature Bull architectural flourish. The residence offers four beautiful bedrooms—most with balcony or patio access—including a private primary suite with a spa-inspired bath featuring a soaking tub and walk-in shower, as well as a walk-in closet. One of the additional bedrooms includes an en-suite bath, while the remaining two are served by conveniently located hallway bathrooms. In addition to four full baths, there are two powder rooms in the living and family areas, each with custom finishes and reclaimed wood accents. Reclaimed siding from the original cabin has been artfully integrated throughout the home, adding warmth, character, and a tangible link to Bull’s legacy. This reclaimed timber also graces the front entry and garage doors, enhancing the home’s distinctive appeal. Beyond its striking aesthetics, this property is designed for year-round comfort, featuring high-efficiency in-floor hydronic heating and central air conditioning for warm summer days. While Olympic Valley is home to many exceptional residences, this property stands out as a quintessential example of midcentury modern resort architecture—masterfully executed and like new. Positioned in the desirable West End neighborhood, the cabin is just minutes from the Village, restaurants, shopping, and world-class skiing. With its architectural pedigree, prime location, and thoughtful reconstruction, this home represents the pinnacle of Lake Tahoe real estate. Opportunities of this caliber are rare, and we hope you enjoy experiencing this extraordinary home.

Getting Around

32
WalkingCar-Dependent
0
TransitVery Limited Transit
38
BikeSomewhat Bikeable

Schools

9/10
7/10
North Tahoe SchoolGrades 6-85.9 mi
9/10
North Tahoe High SchoolGrades 9-125.9 mi

Construction

Condition

  • Property condition: Like New
  • Year built: 2016

Materials

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Construction materials: Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Mountain
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Range,Dishwasher,Refrigerator
  • Laundry features: In Hall

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 6
  • Full bathrooms: 4
  • 1/2 bathrooms: 2

Features

  • High Ceilings,Family Room,Office,2Or More Primary Bedrooms
  • Window features: Low Emissivity Windows
  • Flooring: Wood,Tile
  • Fireplace features: Fireplace: Living Room,Gas Fireplace
  • Fireplace: Yes

Heating

  • Heating features: Propane,Hydronic,Radiant

Interior Area

  • Total structure area: 3,508
  • Total interior livable area: 3,508 sqft

Property

Details

  • Parcel number: 096121006
  • Special condition: Standard

Features

  • Levels: Three
  • Patio & porch: Deck(s): 3 or more
  • Has view: Yes
  • View description: Trees/Woods,Mountain(s),Ski Resort
  • Topography of land: Upslope

Lot

  • Lot size: 0.40 Acres
  • Features: Street

Parking

  • Total spaces: 2
  • Parking features: Two,Attached,Insulated,Oversized
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingVery High
  • Avalanche
    AvalancheRelatively High
  • Earthquake
    EarthquakeRelatively High
  • Wildfire
    WildfireRelatively High
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Avalanche
Earthquake
Wildfire
Winter Weather

FEMA Declared Disasters in Placer County and California

Earthquake
Flood
Mud Landslide
Severe Storm
Snowstorm
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $21,490$257,880
Home Insurance *$1,237$14,844
Property Taxes $3,926$47,112
Electricity $752$9,026
Total$27,405$328,860
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$939,600/yr
40% on housing$822,150/yr
45% on housing$730,800/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.8%
9.8%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,212This listing

vs Other Active Listings

Avg $/sqft

ZIP 96146$405
Placer County$401

vs Homes Sold Last Month

Median $/sqft

ZIP 96146$620
Placer County$339

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-15Price change$4,250,000
2026-02-13Price change$4,500,000
2025-12-15Price change$4,750,000
2025-11-29Listed for sale$4,950,000
2025-02-02Listing removed$5,000,000
2024-08-08Listed for sale$5,000,000
2023-06-11Listing removed--
2023-04-13Listed for rent$35,000
2022-11-23Listing removed--
2022-10-23Listed for rent$35,000
2012-09-20Sold$570,000
2012-08-22Pending sale$589,000
2012-07-29Listed for sale$589,000

For Sale by Agent

AgentWilliam Dietz
BrokerageTahoe Luxury Properties

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