Your Own Winter Playground Less Than An Hour From Tahoe -- Just $6 Million
If you have ever considered owning your very own winter playground, this might be the one for you. Sitting just 40 minutes outside of Lake Tahoe, Kingvale Recreational Resort, just off I-80 in Soda Springs in the high Sierras, has been put up for sale.
A year-round, outdoor recreation haven offering bikes and ATVs in the summer and all of the sledding one could hope for in the winter, which should be good being that high in the mountains. From the listing from California Outdoor Properties:
"Extremely rare opportunity to own and expand an existing recreational resort just 8 miles from the Donner Summit, right along Highway 80. In the wintertime, this property is a wildly popular sledding and inner-tubing hill, which grossed approximately $500,000 in 2018. There is also a concessionaire who operates a wintertime snowmobile rental, and summertime ATV and dirt-bike rental outfit. The owners have developed roads and have created summertime camping sites available to the public. Expansion opportunities include a zip-line course, a high ropes course, an e-bike trail system, and a wedding venue. This is also the site of a former horse rental outfit, who guided rides into the neighboring Tahoe National Forest, with easy destinations of adjacent Cascade Lakes, and Long Lake. The water resources on this property are also incredible, with a 50 GPM artesian well, and multiple springs feeding a 90,000 gallon storage tank. 175 Acres are zoned TPZ, which was historically harvested, and the owners have a current timber management plan in place. There is also a permit to mine surface granite boulders, used for high-end landscaping projects."
If you've been looking for a business opportunity that can get you out of the city and into the mountains, this could be right for you, but it will take a $6 million investment to get it. Though, it could be well worth it.
A year-round, outdoor recreation haven offering bikes and ATVs in the summer and all of the sledding one could hope for in the winter, which should be good being that high in the mountains. From the listing from California Outdoor Properties:
"Extremely rare opportunity to own and expand an existing recreational resort just 8 miles from the Donner Summit, right along Highway 80. In the wintertime, this property is a wildly popular sledding and inner-tubing hill, which grossed approximately $500,000 in 2018. There is also a concessionaire who operates a wintertime snowmobile rental, and summertime ATV and dirt-bike rental outfit. The owners have developed roads and have created summertime camping sites available to the public. Expansion opportunities include a zip-line course, a high ropes course, an e-bike trail system, and a wedding venue. This is also the site of a former horse rental outfit, who guided rides into the neighboring Tahoe National Forest, with easy destinations of adjacent Cascade Lakes, and Long Lake. The water resources on this property are also incredible, with a 50 GPM artesian well, and multiple springs feeding a 90,000 gallon storage tank. 175 Acres are zoned TPZ, which was historically harvested, and the owners have a current timber management plan in place. There is also a permit to mine surface granite boulders, used for high-end landscaping projects."
If you've been looking for a business opportunity that can get you out of the city and into the mountains, this could be right for you, but it will take a $6 million investment to get it. Though, it could be well worth it.
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