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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

2015 vs, 2016 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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Click here for Resort at Squaw Creek web site.

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Recently Listed Resort at Squaw Creek Homes For Sale

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Beds: 2 Baths: 2.0 Sq Ft: 0
Beautiful panoramic views from this spacious 2 bedroom condominium on the 7th floor at the Resort at Squaw Creek. Located on the knuckle of the building,... Details
$769,000
Beds: 2 Baths: 2.0 Sq Ft: 985
Expansive mountain and valley views from this two bedroom condo at the coveted Resort at Squaw Creek, a luxury hotel and year round playground. This renovated... Details
$619,000
Beds: 2 Baths: 2.0 Sq Ft: 1202
Penthouse unit with vaulted ceiling and grand views of the valley and mountains. This 2 bedroom unit was extensively remodeled and offers the ultimate... Details
$814,000
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
$699,000
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: 1 Baths: 1.0 Sq Ft: 646
Updated one bedroom condo in the luxurious Resort at Squaw Creek. Ski-in/Ski-out location with an access to chair lift or a resort shuttle just outside,... Details
$269,000
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: 2 Baths: 2.0 Sq Ft: 1080
Beautifully remodeled end unit on the 9th floor. This desirable corner unit floor-plan provides more space, privacy and extra windows allowing expanded... Details
$725,000
Beds: 3 Baths: 3.0 Sq Ft: 1454
Great Location with views of ski area, golf course and meadow. Refurbished in 2015. End unit with larger living area, King bed in 502, King bed in 504... Details
$995,000
Beds: 2 Baths: 2.0 Sq Ft: 1025
Beautiful forest views from this ski-in ski-out 2-bedroom unit plus financing option. Why this unit vs. others? This is the quiet side of The Resort: no... Details
$475,000
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