Olympic Valley real estate was first developed in early 1950’s and continued into the 1970’s. Starting in the late 1980’s, Olympic Valley sprouted several private subdivisions. Each of these subdivisions offers the owner something a little different.
Creekside Estates
Creekside Estates was established in 2004, as a private community. It is located at the east end of Olympic Valley and is bordered on the north side by the seasonal Squaw Creek. It is composed of 24 residential parcels. Creekside Estates enjoys some distant vistas of the ski area and some views of Painted Rock, a naturally multi-colored rock in the Truckee River corridor.
Granite Chief
Granite Chief is one of Olympic Valley's original subdivisions however it has private roads maintained by the homeowner's association. Granite Chief is home to the few ski-in ski-out residential properties in Olympic Valley. The subdivision is adjacent to the Sunnyside of the Mountain Run of Palisades Tahoe (formerly Squaw Valley) Ski Area allowing property owners to access the ski area directly or with a short walk or traverse.
Hidden Lake
Hidden Lake was founded in 1988 as a private gated community. This established neighborhood offers views of the ski area, southern exposure, private roads, a lake, and 2 tennis courts. The lake, for which the subdivision was named, is spring fed, about 6 to 8 feet deep which allows for swimming in the summer. In the winter months the lake freezes and some owners enjoy early winter ice skating. Hidden Lake is a planned unit development which was originally composed of 35 parcels and later two additional parcels were annexed into the community. The PUD has set building pads in which to build plus each owner enjoys exclusive use areas around their building pad.
Homesites at Squaw Creek
Homesites at Squaw Creek was established in 1990 as a private exclusive community along the South side of Olympic Valley adjacent to the Resort at Squaw Creek Hotel. It is composed of 48 residential parcels, 12 of which front the Trent Jones designed 18 hole links style golf course. This subdivision winds up the mountainside allowing for some ski area and mountain views.
Olympic Estates
Olympic Estates was established in 2015 as a private community located toward the eastern end of Olympic Valley. The subdivision is comprised of 16 parcels. 5 of the 16 parcels are adjacent to the seasonal Squaw Creek where they enjoy a setting perched above. Several parcels enjoy distant vistas of the surrounding mountains and ski area peaks. The subdivision has quick access to Highway 89 and is close to Olympic Valley Park and both paved and dirt bike trails.
Original Subdivisions
The original subdivisions in Olympic Valley began developing in the early 1950s and continued into the 1970s. These subdivisions include Squaw Valley Estates 1-4, Squaw Valley View, Forest Glen 1-2 and Granite Chief.
Locations within this subdivisions offer different features of the Olympic Valley lifestyle. Many of the properties in the Squaw Valley Estates and Granite Chief subdivisions offer views of the mountain and close proximity to the ski area and Shirley Canyon. While some of the properties in the Squaw Valley View and Forest Glen subdivisions have distant ski area views, they feature easier access and some offer frontage along Squaw Creek.
Painted Rock
Painted Rock was established in 1998, as a private gated community, composed of 35 residential parcels. It is located at the east end of Olympic Valley and a portion of the subdivision is bordered on the south side by Squaw Creek. Painted Rock features a gated entry, private roads, playground for young children and pleasant views. The views include distant vistas of the ski area and great views of Painted Rock, a naturally multi-colored rock along the Truckee River corridor, for which the subdivision is named.
Squaw Summit
Squaw Summit was established in 1985 as a private and exclusive subdivision. Much of it’s prestige is derived from it’s location, which is the highest point up the mountainside therefore reaping the most dramatic views. It is a planned unit development which was originally composed of 8 parcels and later two additional parcels were annexed into the community. The PUD has set building pads in which to build, and then each owner enjoys exclusive use areas around their pad. The subdivision offers beautiful views of Palisades Tahoe (formerly Squaw Valley) ski area, a tennis court and easy access to hiking trails and back country skiing and boarding.
Squaw Creek Estates
Squaw Creek Estates was established in 1999 as a private exclusive community, composed of 6 residential parcels. It is located along the south side of Olympic Valley. The subdivision offers ski area and golf course views as well as easy access to the bike trail system.
The Palisades
The Palisades subdivision was established in 2017 and located near the entrance of Olympic Valley. The community is a combination of 30 townhomes and 33 single family homes. The townhomes are duplexes with a reverse floor plan (living on the upper level) and each with a tandem two car garage. 30 of the single family homes are one of two floor plans, both offering 4 bedrooms, a bonus room and 2 car garage. The final 3 single family home properties have larger homes with a lovely setting above Squaw Creek.
