47-acre Alpine Meadows property hits market, as development or single estate, for $15M

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A secluded 47-acre property at the base of Alpine Meadows ski resort at Palisades Tahoe is on the market for $15 million, with approvals in place for the development of 38 custom homes, according to Tahoe Mountain Realty.

There are also three additional parcels available to build neighborhood amenities.

The property, dubbed 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,” according to the official property site. “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.”

Views of the backside of KT-22 and Headwall black-diamond ski runs 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, according to a news release.

The property officially hit the market Sept. 29, 2021.

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 news release said.

“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,” listing agent Jeff Brown, owner of Tahoe Mountain Realty, said in a statement. “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.”

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, the real estate firm said.

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