|Lot Size||43 acres|
The property offered for sale consists of 43.8 acres of prime development land situated in the center of the highly regarded, historic Hilltop site, perched directly above Truckee’s Commercial Row and the beautiful Truckee River. The site offers a rich history, a superior location and a Town approved masterplan for development on the site (multi-year process). The 43.8 acres are zoned “Downtown Mixed Use” with a large portion dedicated to residential use, including a 129 unit multi-family complex in the middle of the village plus two separate single family residential neighborhoods further up the hill. The other segment is zoned commercial with a total of 19180 sf of commercial development allowed, including the existing Cottonwood Restaurant and nearby Hilltop cabins, with possible 9000 sf bonus footage. The land also includes a 60 door hotel site. This is one of two master planned communities in Truckee, approved after years of town and public review. The other development is The Railyard project.