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North Lake Tahoe, Squaw Valley & Truckee Real Estate

Resort at Squaw Creek

Resort at Squaw Creek

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Condo Hotel Financing

2017 Mid Year Market Report

FEATURED CONDOMINIUM

The Resort at Squaw Creek, in Squaw Valley, is a very unique property.  It is the only four-star, ski in/ski out, destination Condo/Hotel with a championship golf course located at the base of an internationally known ski area in the entire Lake Tahoe area.  In 2005 the Resort made a transition to hotel condominium ownership that included an extensive upgrade and renovation.  The 403 hotel rooms were converted into Studio units, One, Two and Three Bedroom luxury resort condominium suites for a total of 238 deeded condominiums.  These have been purchased as vacation homes and 95% of the owners participate in the rental program.  Therefore, the Resort at Squaw Creek is still a major convention facility and destination hotel.  The Two and Three Bedroom condominiums are “Lock Off” units which mean that they can be used, or rented, as suites or individual rooms.  Because it is a Four Star Hotel with many first class amenities (see below), the HOA dues that the owners pay is high.  However, the annual occupancy at The Resort is the highest of any property in the entire North Tahoe/Truckee area, so in most cases the rental income that the owners receive usually pays the HOA dues and the property tax.

The Resort at Squaw Creek offers a rare combination of four-star hotel amenities, such as full-service spa, fine dining, ice-skating rink, heated pools and water slide, fitness center, convention facilities, and boutique shopping mall.  The property is uniquely situated with its own 18-hole championship golf course, private ski lift with direct access to Squaw Valley USA and a network of scenic hiking and cross country trails.  Over the years, the hotel has earned a reputation as the preferred destination resort hotel for the Squaw Valley and Tahoe area.  In the December 2007 issue of the Conde Nast Traveler’s Magazine the Resort at Squaw Creek was named on the list of the “Top 50 Ski Hotels in North America.”

Of the total 238 condominiums sold by the developer, a number of resales are now on the market.  Due to the economic downturn and, until recently lenders not providing loans on condo hotels, these resales were priced considerably lower than what they originally sold for.  Now that the economy and the market in Squaw Valley has improved and financing is now available the listing prices have started to go up.

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Recently Listed Resort at Squaw Creek Homes For Sale

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Beds: 2 Baths: 2.0 Sq Ft: 1025
This 5th floor Resort at Squaw Creek condo offers 2 bedrooms (king plus 2 queen beds) and 2 baths with a lock off option. Nicely renovated in Fall 2015,... Details
$495,000
Beds: 3 Baths: 3.0 Sq Ft: 1454
This 3Br/3Ba condo is an end unit on the 5th floor offering stunning views of Squaw Valley Ski Area, meadow and golf course. The end location provides... Details
$925,000
Beds: 3 Baths: 3.5 Sq Ft: 1970
Top floor penthouse unit with panoramic valley and resort views. This updated 2-story unit is arguably the premiere unit at the Resort. Enjoy the world-class... Details
$1,275,000
Beds: 3 Baths: 3.0 Sq Ft: 1487
This Resort at Squaw Creek Three Bedroom Unit is SPECIAL, Truly Ski-In/out!, arguably the most desirable unit in the entire development, great access,... Details
$1,099,500
Beds: 1 Baths: 1.0 Sq Ft: 646
Excellent opportunity to own a 'ski in, ski out' one bedroom suite with a fireplace for romantic evenings. The Resort at Squaw Creek offers a... Details
$299,000
Beds: 0 Baths: 1.0 Sq Ft: 374
Remodeled studio with 2 queen beds with amazing veiws of the valley. Pictures do not do this one justice. World class amenities and activities which include... Details
$179,990
Beds: 2 Baths: 2.0 Sq Ft: 988
Resort at Squaw Creek rests at the base of Squaw Valley ski area, just minutes from Lake Tahoe. Offering ski-in/ski-out access to the mountain. Unique... Details
$749,000
Beds: 2 Baths: 2.0 Sq Ft: 980
Eighth floor residence with great wooded mountain views, some Squaw Creek ski run and golf course views in the summer. Spacious living room with gas fireplace.... Details
$595,000
Beds: 2 Baths: 2.0 Sq Ft: 1025
Great Valley view from this 2 bedroom 2 bathroom condo at the 4-star Resort at Squaw Creek. This condo has recently been upgraded with $30,000 in new furnishings.... Details
$580,000
Beds: 3 Baths: 3.5 Sq Ft: 1970
Three bedroom penthouse with incredible Valley views towards ski area, meadow and golf course. Two story layout located on top two floors of the Resort... Details
$1,395,000
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