Opened in 1939, Sugar Bowl is well known for its long history, significant advanced terrain, high annual snowfall and being one of the closest ski areas to the San Francisco Bay Area.
By the mid-1950s, Sugar Bowl was developing at a fast pace. Financed by affluent San Francisco Bay area families and notables such as Walt Disney, the Donner Summit resort opened in 1939 with California’s first aerial chair lift and a Bavarian-style lodge designed by William Wurster.
In 1957, 30 homes had been completed in the forests surrounding the lodge––more than enough for some stockholders who fancied the resort their private playground. Under pressure, Sugar Bowl directors refused to grant permission to 12 families who wanted to build chalets. A revolutionary alternative was proposed: joint ownership of 12 individually owned apartments on one large lot. Thus, condominiums were introduced into the ski industry. The attraction of Sugar Bowl’s Snow White co-op apartments paved the way for the village concept at ski resorts throughout North America.
Sugar Bowl Ski Resort now offers four peaks with over 103 trails accessed by 13 chair lifts. With over 1,650 skiable acres and the most annual snowfall in Tahoe at over 500 inches, Royal Gorge is North America’s largest cross country skiing resort. Boasting 200 kilometer trail system and over 7,500 acres of majestic terrain. Enjoy the brand new Sporthaus, a year-round joint athletic fitness and training facility featuring cardio and weight training facilities, a yoga studio, two spas, a family pool with 25-yard lap lanes, spa treatment rooms, a sauna, steam rooms, locker rooms, and social areas.
The residence at Snow White #10 is located a short distance from Sugar Bowl Lodge in the third building. The upper level contains the kitchen, living room, and dining room with a deck overlooking the pool and onto a mountain vista. Warm by the fire, while you watch the snow fall, or enjoy the sunny deck. Expanded from the original plan, there are two bedrooms (one being a master) and two bathrooms at mid level, with two additional bedrooms and bathrooms on the ground floor. Approximately 1,800 square feet encompass this delightful resort home, offered at $1,050,000.
Each owner receives his or her own unsecured tax bill, and the taxes are based like a regular sale––approximately 1.25 percent. The corporation pays the land property tax––which is included in the fee––of $14,000 per year, billed quarterly at $3,500.
Trinkie Watson is the exclusive agent representing the, Lake Tahoe, California/Nevada, real estate market as a member of the Haute Residence Real Estate Network. View her profile or contact her here.