Development Opportunity Near Sugar Bowl Resort on Donner Summit

Sierra Sotheby’s International Realty announces a unique development opportunity for private ownership atop the majestic Sierra Nevada mountain range on Donner Summit. The Sierra Sun Villas is a 9.24-acre development site, consisting of three adjoining parcels adjacent to Sugar Bowl Ski Resort, in the heart of the Sierra and close to Donner Ski Ranch, Royal Gorge and Soda Springs Ski Resorts. The map includes eight lots and a total of 36 townhomes, parking and open space. Preliminary architectural designs for the first 12 luxury residential units offer stunning mountain views, three bedrooms, a one-car garage, and approximately 2,200-2,400 square feet per unit.

There are two proposed development options for an potential investor/builder: phased construction of approximately a dozen units each year, or complete buildout of the entire project. This unique Sierra opportunity is listed at $2,995,000. A Development Offering Memorandum is available upon request.

“This remarkable location boasts majestic ridgetop and valley views, and offers residents year-round hiking, skiing, and mountain recreation opportunities,”said Kristine Mitchell, who is co-brokering this extraordinary property along with partner, Ron Hemig, at Sierra Sotheby’s International Realty. “It is uniquely positioned between several ski resorts, both downhill and cross country, and offers the convenience of a short ski resort gondola ride to the Sugar Bowl Village, “ she adds.

Maps and floorplans: Click here

“Its location, perched on a bluff overlooking Sugar Bowl Village, allows for spectacular views of the Sierra Divide,” said Hemig. The development is located on Historic Highway 40/Donner Pass Road, just 15 miles away from Lake Tahoe and about a 5-minute drive from Interstate 80. According to Hemig, the area is a popular destination for Sacramento Valley and San Francisco Bay area residents, where friends and family go to vacation, spend time together and enjoy four-season recreation.

The 9.24-acre site consists of three adjoining parcels which have been re-mapped as eight separate lots, allowing designated development of 36 townhomes, parking and open space. The first 12 units are fully entitled, while an additional 24 units are planned under the density allowance. A majority of the building site will remain undeveloped to the south, and includes an off-street paved parking area. All utilities are available at the road including electric, sewer and water.

“Much of the nearby land outside of Sugar Bowl Ski Resort is held in public trust, so the development opportunity at The Sierra Sun Villas may be one of the last privately owned investment projects of this type and scope available in the Donner Summit area,” noted Hemig.

In addition to brokering The Sierra Sun Villas, Hemig and Mitchell have years of experience handling numerous developments including Coldstream, Serenity at Lake Almanor, Winter Creek, Pine Forest, Pinyon Creek, and Sierra Bluffs in Truckee, Calif., plus commercial properties and custom home projects throughout Northern California and Nevada.

Together, they offer a high level of client service, integrity and professionalism as a Northern California and Nevada real estate professionals for over 53 years, combined.

Hemig and Mitchell both value conservation efforts and habitat protection; they serve as co-chairs for the Tahoe Institute for Natural Science, providing nature science research, children’s science education, and citizen science community outreach throughout Lake Tahoe and greater Truckee-Tahoe Sierra region.

 

775.832.4900
 SierraSothebysRealty.com

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