47-acres of land at the base of Alpine Meadows, CA, with approvals already in place for the development of 38 custom homes, is on the market for $15-million.
The property, called Alpenglow, can also be purchased and developed as a single estate with multiple accessory dwellings and its own private facilities, according to Tahoe Mountain Realty.
A west coast rarity, Alpenglow is the last private mountain resort development opportunity adjacent to a major ski resort.
This secluded property is unlike any residential land development opportunity remaining in Tahoe, Jackson Hole, Deer Valley, Park City, Sun Valley, Aspen, Vail, or Whistler Blackcomb.
The land is minutes from 6,000 skiable acres at Alpine Meadows and Olympic Valley, has on-site access to trails, and is surrounded by U.S. Forest Service land proximate to Granite Chief Wilderness. Views of the backside of KT-22 and Headwall can be seen from the property to the west. The eastern edge of the property borders U.S. Forest Service lands, with trails connecting to Page Meadows and the Tahoe Rim Trail.
Alpenglow will have car-free access to 6,000 acres of ski, mountain biking and hiking terrain. With a private entrance from Alpine Meadows Road, the development will be able to utilize in-resort shuttle services and the base-to-base gondola that is planned for connecting the Alpine Meadows and Olympic Valley base areas of Palisades Tahoe.
“The real estate market in Tahoe-Truckee has shown a tremendous appetite for new construction, modern architecture, highly amenitized communities and proximity to all that the region has to offer. All of these features afford a certain lifestyle that align exactly with the potential in Alpenglow. The fact that this parcel exists where it does—so close to the Alpine Meadows base area—with county approval makes it a remarkable opportunity for developers interested in creating the first new residential neighborhood within Alpine Meadows in decades.”
– Jeff Brown, owner of Tahoe Mountain Realty
Tahoe Mountain Realty said Alpine Meadows valley has not seen new building in a generation. Alpenglow has an approved subdivision tentative map, certified Environmental Impact Report and Conditional Use Permit.