$12,000,000
$15,000,000
↓ $3,000,000 reduced
Pending
xxxxx Alpine Meadows Road
Alpine Meadows, CA 96146
✓ STR Allowed — Permit Required
Placer County STR permit required. County-wide cap of 3,900 permits — new permits available until cap is reached.
About This Property
Mountain Resort Development Opportunity. Alpenglow is a rare and premium 47 acre property at the base of Alpine Meadows Ski Resort offering unique optionality for premiere mountain community development. Entitlements are in place for a 38 lot exclusive residential development. All lots feature spectacular mountain and forest views along with common HOA amenity opportunities and a private entrance directly from Alpine Meadows Road. Located adjacent to one of Lake Tahoe’s most beloved mountain resorts.
Listed by Jeffrey Brown — Tahoe Mountain Realty
Listing Details
Status
Pending
MLS #
20212436
Days on Market
1786
Sold Date
2026-12-31
Property History
Sep 29, 2021
Listed for sale
$15,000,000
Current
Pending
$12,000,000
Property Overview
Lot Size
47.00 acres
Property Type
UnimprovedLand
Subdivision
Alpine Meadows
County
Placer
STR Jurisdiction
Placer County
APN
095280023
Exterior & Lot
Lot Features
Ski Trail
STR Investment Analysis
Permitted Zone
STRUCTURAL SCORE
Excellent
87
PROJECTED GROSS ANNUAL REVENUE
$118K – $167K
typically ~$142,500
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%
Cost Segregation Tax Savings
Estimated first-year bonus depreciation savings
Estimated First-Year Tax Savings
$0
via bonus depreciation
Land Value
$0
Improvement Basis
$0
5-Year Property (18%)
$0
15-Year Property (10%)
$0
Estimates are for informational purposes only and do not constitute tax advice. Consult a qualified CPA or tax professional for your specific situation. Actual savings depend on individual tax circumstances.
Payment calculator
$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($2,400,000)
Home price
$12,000,000
Loan details
30-yr fixed, 6.5%