KirkWood Mountain Resort Development Opportunity $1,650, Ski-in / Ski-out Lots (Tentative Plan) 1.42 Acres

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KirkWood Mountain Resort Development Opportunity $1,650,000 6 - Ski-in / Ski-out Lots (Tentative Plan) 1.42 Acres Kelly Rivett Senior Managing Director 916.569.2385 krivett@newmarkccarey.com Lic #01249433 Scott Bowman, Bowman Commercial 916.792.6688 scott@bowmancommercial.com Lic #01787807 980 9th Street, Suite 2500, Sacramento, CA 95814 T 916.920.4400 www.newmarkccarey.com Procuring broker shall only be entitled to a commission, calculated in accordance with the rates approved by our principal only if such procuring broker executes a brokerage agreement acceptable to us and our principal and the conditions as set forth in the brokerage agreement are fully and unconditionally satisfied. Although all information furnished regarding property for sale, rental, or financing is from sources deemed reliable, such information has not been verified and no express representation is made nor is any to be implied as to the accuracy thereof and it is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice and to any special conditions imposed by our principal.

The Offering Cornish & Carey Commercial Newmark Knight Frank and Bowman Commercial, as exclusive advisors to the Seller, are happy to present a development opportunity on 1.42 acres within the Kirkwood Mountain Resort. Located in the East Village of the Resort, this sun-drenched, slopeside parcel sits next to the proposed Caples Crest Chair Lift. With majestic valley and mountain views, there are no comparable, true ski-in/ski-out residential developoment opportunity in Lake Tahoe. This very private and exclusive location will allow the development of residential units in the heart of the Resort s activities and amenities, while separating residents from day skier access. Kirkwood Mountain Resort ( KMR ) is a major ski and summer destination in the Lake Tahoe region. Consistently ranked among the top ski resorts in America for snow quality and terrain, KM R attracts approximately 400,000 skiers annually. Located in a box canyon at an elevation of 7,800 feet (over 1,500 feet higher than other Lake Tahoe ski resorts), KMR is truly a magical piece of land, close enough to be considered Lake Tahoe, but removed enough to be known as the California Alps or High Sierra. The town of South Lake Tahoe is a 35 minute drive to the north and within a three hour drive from the majority of the San Francisco Bay Area.

PROPERTY OVERVIEW: Price: Unpriced Address: 1521 Kirkwood Meadows Drive Kirkwood, CA 95646 Land: 1.42 Acres APN: 006-010-031 County: Alpine INVESTMENT HIGHLIGHTS: Six (6) tentative lots Adjacent to proposed chairlift Utilities stubbed to site Surrounded by future development Short walk to Kirkwood Village Motivated Seller The information contained herein has been obtained from sources deemed reliable. We cannot, however, guarantee its accuracy. All information should be verified prior to purchase or lease.

Village Region 16 SITE 1 2 3 4 5 6 8 KIRKWOOD MEADOWS DRIVE 7 9 PALISADES DRIVE 10 Palisades Region 14 Meadow Region 11 Red Cliffs Region POWERHOUSE ROAD 12 15 13 1. Kirkwood Towers 2. Red Cliffs Day Lodge 3. The Lodge at Kirkwood 4. Base Camp 5. Sun Meadows 6. Meadow Stone 7. Snowcrest Lodge 8. Lost Cabin 9. The Meadows 10. Timber Ridge 11. The Sentinels 12. Edelweiss 13. Timber Creek Day Lodge 14. Recreation & Swim Complex 15. Fire Department 16. Proposed Caples Lift

The information contained herein has been obtained from sources deemed reliable. We cannot, however, guarantee its accuracy. All information should be verified prior to purchase or lease.

SUBJECT PROPERTY The information contained herein has been obtained from sources deemed reliable. We cannot, however, guarantee its accuracy. All information should be verified prior to purchase or lease.

The information contained herein has been obtained from sources deemed reliable. We cannot, however, guarantee its accuracy. All information should be verified prior to purchase or lease.

SITE

Santa Rosa Roseville Sacramento Larkspur Emeryville San Francisco Oakland Walnut Creek San Mateo Hayward Pleasanton Palo Alto Santa Clara Kelly Rivett Senior Managing Director 916.569.2385 krivett@newmarkccarey.com Lic #01249433 Scott Bowman, Bowman Commercial 916.792.6688 scott@bowmancommercial.com Lic #01787807 980 9th Street, Suite 2500, Sacramento, CA 95814 T 916.920.4400 www.newmarkccarey.com Procuring broker shall only be entitled to a commission, calculated in accordance with the rates approved by our principal only if such procuring broker executes a brokerage agreement acceptable to us and our principal and the conditions as set forth in the brokerage agreement are fully and unconditionally satisfied. Although all information furnished regarding property for sale, rental, or financing is from sources deemed reliable, such information has not been verified and no express representation is made nor is any to be implied as to the accuracy thereof and it is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice and to any special conditions imposed by our principal.