Sugar Bowl to operate Royal Gorge Sugar Bowl Resort has signed an agreement to operate Royal Gorge Cross Country Resort, America’s largest cross-country operation, which is being purchased by the Truckee Donner Land Trust, the Trust for Public Land and the Northern Sierra Partnership. The Sugar Bowl Resort operating agreement was inked on Monday, Oct. 1, and includes the 3,000 acres the conservation groups have agreed to purchase. The Truckee Donner Land Trust, the Trust for Public Land and the Northern Sierra Partnership put down a $500,000 non-refundable deposit on the property on Oct. 1, and plan to complete the $11.25 million purchase on Dec. 20, 2012.
The previous owners of Royal Gorge defaulted on their loan on the property, and Royal Gorge was taken over by the lender last summer. The agreement unites two of North Tahoe’s premiere ski resorts. Sugar Bowl Resort, founded in 1939, is a 1,500-acre downhill ski resort with four peaks, 13 lifts and North Tahoe’s deepest annual snowpack. Royal Gorge is America’s largest cross-country ski resort. Its 200 kilometers of trails and approximately 6,000 acres of terrain stretch from the open expanse of Van Norden Meadows to the foot of majestic Devil’s Peak. The Summit Station lodge is the center of the cross-country resort and eight warming huts dot the expansive eight track trail system.
Sugar Bowl has trail leases with Donner Summit landowners, which will ensure the entire 6,000 acres of cross-country ski will be open for skiing this winter. Sugar Bowl plans to invest $500,000 into Royal Gorge this season, including upgrades and renovations to Summit Station, the purchase of two new grooming machines, enhanced wayfinding signage, a new website with comprehensive daily grooming report and more. Passes to Royal Gorge Cross Country Ski Area this season will be only$299 — and that’s for an unrestricted pass! And, if you already have your downhill season pass to Sugar Bowl, you can tack on a cross country ski pass to Royal Gorge for an additional $149. Check out Royal Gorge website www.royalgorge.com or Sugar Bowl www.sugarbowl.com for more information
While you’re out getting those skis and boards tuned up stop by and say hello to Alison Elder, Elder Group Tahoe Real Estate, proudly affiliated with Chase International. Or, info@eldergrouptahoe.com at 530.582.8103 and visit our site for Truckee-Tahoe properties for sale at www.ElderGroupTahoeRealEstate.com. Now is undoubtedly the time to purchase a vacation home. We look forward to hearing from you!
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