Monthly Archives: May 2017

Tamarack Realty’s second page of the summer edition of our Homes & Land Magazine advertising will look much different in the next Fall Edition!

Tamarack Realty currently has 19 properties under contract at Tamarack Resort, and two in Donnelly.  If you were sitting on the fence, now is the time to join the TamFam!  The red hot real estate market in Boise has finally found its way to Tamarack Resort, along with many prospects that have been waiting patiently for stabilization and confidence back in this amazing community.  We have a full summer of events and activities kicking off this Memorial Weekend, with eyes on another incredible ski season just 7 months away.

Update on Page 1 – Row 4, Position 1 is pending as of May 28, 2017:  “In the Heart of Tamarack Resort”…..

Development plans to be revealed soon

The manager of the unfinished Village Plaza at Tamarack Resort has purchased the last remaining properties at the resort that were being offered at auction by Valley County.

D. Michael Dunne of Puyallup, Wash., purchased the 15 parcels with a check for $100,000, or about one-quarter of the $375,000 in property taxes owed on them.

Last week, Valley County commissioners accepted Dunne’s offer after an auction on May 1 failed to draw any bidders.

“We’ve been going for three years now without anything on these properties,” commission chair Gordon Cruickshank said last week. “At least this gets them back on the tax rolls.”

In an interview on Tuesday, Dunne declined comment on the purchase, saying that more information would be available “in a week or 10 days.”

Dunne is the manager of UWW, Inc., which owns Village Plaza, the massive multi-building condo and commercial complex in the core of the resort that has sat unfinished since 2008.

The condos were pre-sold by the original developers, who then had to return the buyers’ earnest money when construction on Village Plaza was halted

The complex was built by Seattle-based Banner/Sabey, which was never fully paid by the developers and which acquired Village Plaza in a sheriff’s sale in 2013. Banner/Sabey created UWW as the owner of the property.

The properties purchased by Dunne include 14 privately owned hotel rooms in the Lodge at Osprey Meadows, the former medical clinic and the former Crane Creek Market.

The properties were the last parcels at the resort to be disposed due to unpaid property taxes.

Last month, a group of Tamarack Resort homeowners paid off the taxes due on 490 acres of bare ground at the resort.

The Tamarack Homeowners Acquisition Company paid $33,368.98 in past-due property taxes to keep the five parcels from being sold at the May 1 auction, the group’s attorney said.

The group previously paid past-due property taxes on facilities needed to run the resort’s ski area, such as the The Canoe Grill and Seven Devils Pub.

There is a separate ownership on the former Osprey Meadows Golf Course, which was closed in 2015 and left to overgrow.

Salt Lake City attorney and businessman Walter Plumb III had said he wanted to spend $20 million to consolidate ownership of the resort and restart construction at the resort.

But Plumb’s efforts were stalled when he was unable to convince the Idaho Department of Environmental Quality to spread out the amount due on a $11.6 million bond used to build part of the sewer system at the resort.

I’ve always said the beauty and master plan of Tamarack Resort make it an any easy draw, but it’s truly the people and the community in which has been built over several years that makes this place so special.  Please enjoy this recent letter from a member of our Tam Fam.

May 1, 2017

Dear Trisha,

I just needed to reach out and say thank you for helping me with the purchase of our amazing little Cottage in Tamarack. It was honestly the easiest purchase ever. Your attention to detail with the paperwork and managing the punch list items was top notch. A big thanks for providing me with all my contacts that were needed up there as well. Furthermore, all the people who help you do what you do, really care about the success of you, your business, and Tamarack.

After I sold my first home in Tam back in 2009 (thank you again Trisha) it was so heartbreaking to leave. But Tamarack has always been in our hearts. We were still coming back a few times a year, staying with friends or renting a house. It was about time we bought our own place again! We did look at a few other resorts but there was nothing like this special little place. People would always ask me, do I like it better in the winter or summer? They are both the best. I realized I don’t have to decide.

There is something about this little Village that we just love. It’s the people that come here that make it a community. It is hard to describe. It’s just great.   I love being back in gorgeous Tamarack. I am so glad to be back in the TAM FAM.

Best regards,

Linda Jacoby

(From San Diego – Cardiff by the Sea, California)

Scott & Christopher too!

119 Golden Bar

Congratulations are in order for our newest member of the TamFam, from Boise. He’ll be closing on a beautiful Slopeside ski lot at the top of Whitewater Drive on Monday and just got into contract on the adjacent lot to secure some great privacy and views. Look for another luxury home going up in Tamarack soon!

As the Tamarack/Donnelly/McCall real estate markets are finally capturing the tailwind of the explosive market in the local Boise area, we are seeing the inventory shrink and prices rise,  as we head towards a seller’s market.  Here are the best prices and incentives on each property type in Tamarack Resort.  Contact Trisha Sears for more information or a private tour of these outstanding opportunities:

39 Golden Bar Ct – 1BR townhome situated right behind the Tamarack Express Chairlift.  Direct ski access, furnished, and easy walk to Discovery Square and future Village Plaza.  With full price offer, Seller will pay off remaining LID assessments (approx. $13,000) and up to one year of HOA dues.  This is your opportunity to capture the lowest carrying costs for a built product in Tamarack Resort.  There are only 8 total 1BR townhomes in Tamarack!

3 Golden Bar Ct – 2BR townhome offered for $276,900.  New interior and exterior paint, new carpet downstairs, end unit for privacy.  Seller is offering to pay off LIDs and also one year of HOA dues.  HOA includes exterior maintenance and driveway snowremoval, as well as many of the services in the resort such as security, fire protection, garbage and recycling, post office, Aspen Parking lot storage for trailers, boats, ATV’s, snowmobiles, etc,  bridge/road/sign/lighting maintenance, common area landscaping, snow removal on all main roads. 5/21/17 update:  UNDER CONTRACT

66 Clearwater Ct – 3BR townhome offered for $369,900.  Sold turnkey including hot tub, LIDs are paid off, basement area finished into a 2nd living/media room with sleeper sofa, chairs,  flat screen tv’s and additional storage.  1,962 total SF. Established Rental Property. 5/21/17 update:  UNDER CONTRACT

77 Clearwater Ct – 2 BR cottage offered for $359,900.  Direct ski in/ski out from the Buttercup Chairlift with lake views and surrounded by common space.  Sold turnkey with hot tub.  Established Rental Proprety.5/21/17 update:  UNDER CONTRACT

62 Twin Creek – 3 BR Sawtooth Chalet offered for $495,000.  LIDS to be paid off at closing with full price offer.  Located at base of Rock Creek Poma Lift and just minutes away from the Lodge at Osprey Meadows, the golf course,  Discovery Square, the future Village Plaza, Foothills Park, and a short hike down to Tamarack’s Waterfront Cabana.  Sold turnkey.  5/11/17 update:  UNDER CONTRACT

18 Haystack Court -4 BR Canoe Chalet offered for $799,900.   Nice upgrades throughout this turnkey, immaculate 2800 SF home.  2 car garage, lake, mountain and village views, oversized wrap around covered deck with outdoor fireplace, very private hot tub setting.

39 Tripod Court – 3,487 SF Custom Estate Home with gourmet kitchen, additional bonus room with wet bar, full bath and dry sauna, 3 en-suites, and oversized 2 car garage.  Offered for only $850,000 with adjoining lot for $50K to protect your lake views and privacy!    6/7/17 update: UNDER CONTRACT

53 Pinnacle Ct – Estate lot with an existing foundation with over $350,000 in total costs and  improvements!  Bordering Foothills Park and the Cottage Trail for outstanding recreation access, this homesite has beautiful views of Lake Cascade and the Salmon River Mountain Range.   Building plans available.  Offered for $199,000. 5/25/17 Update: UNDER CONTRACT

Both of our 2BR loft style condominiums are currently under contract.  It should be an outstanding summer for the Tam Fam with our pool getting refurbished to re-open again for the first time in three years.  The Spa at Tamarack will be open this summer, as well as the Bar at Morels.  The hot tub, fitness center and locker rooms with steam sauna’s are currently open for owners and their guests to enjoy.

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