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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
Beautiful forest views from this ski-in ski-out 2-bedroom unit. Why this unit vs. others? This is the quiet side of The Resort: no noise from service vehicles;... Details
$445,000
Beds: 0 Baths: 1.0 Sq Ft: 374
Own a Ski-in/Ski-out studio hotel-condo in the fabulous Resort at Squaw Creek in Squaw Valley. Luxury lifestyle with hotel amenities include valet parking,... Details
$175,000
Beds: 2 Baths: 2.0 Sq Ft: 985
Nice location and views- Two queen beds on the studio side- Seller will retain FF&E reserve and buyer to establish their own FF&E reserve if they... Details
$529,000
Beds: 2 Baths: 2.0 Sq Ft: 1021
Incredible Squaw Valley views & sunny westerly exposure fr this Valley View 2-bedroom at The Resort@Squaw Creek. A true vacation in the mountains awaits... Details
$528,000
Beds: 1 Baths: 1.0 Sq Ft: 611
This one bedroom condo at the Resort at Squaw Creek has quick access out the rear of the building making it easy to head out for a walk. The Resort offers... Details
$311,000
Beds: 1 Baths: 1.0 Sq Ft: 611
Fantastic opportunity to own a luxury one bedroom condo with separate living room and fireplace at the Resort at Squaw Creek in Olympic Valley. This fifth... Details
$284,900
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. The Resort at Squaw Creek offers a luxury life style with... Details
$299,000
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
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