Tamarack Municipal Association
March 25th
Replay Resorts Update

Town Meeting – Monday

Replay Resorts will assume overall operational management for the resort, except for golf operations, effective May 1, 2015. Replay will be bringing to Tamarack a new on-site General Manager, a new Controller, a year-round Director of Marketing and converting other key staff to full-time year-round status and intends to have the new team in place before the start of the summer. Replay’s management plan includes a transition period during April in which key TMA personnel will remain with TMA and key operations personnel and TVT staff will transition to Replay and start implementing an approved summer/fall/winter operation and real estate program of more than $1 million once completed. This is in addition to the over $2 million invested last year in a continued efforts to improve the experience related to those assets owned by New TRAC.

This year’s improvements program includes:

Real Estate Construction and Infrastructure

Approximately $500K investment to finish cottages and 3-bedroom townhomes in the Trillium neighborhood; over $300K in road, drainage, landscaping and hardscape infrastructure to finish this neighborhood and $100K to market and promote the new product, along with the resort and the strength of the real estate market at the resort.

Operations

An additional $450K in operations, on-mountain improvements and programming are slated for this year. Summer operations will include the zip line course; river rafting; mountain bike, kayak and SUP rentals; a full network of hiking and mountain bike trails and various events, such as a jazz concert on July 24th.

Replay is pursuing other summer recreational and waterfront opportunities, events, concerts, as well as re-opening the Sports Dome for summer operations and will provide updates as the plans solidify. Updates will also be posted on the Tamarack Resort website, social media channels, and to the resort email list. All homeowners are encouraged to subscribe to these official resort channels for on-going communication.

Less exciting but equally important, winter improvements include additional snowmaking on the lower mountain to help with (access and egress (less downloading!!); the replacement of aging and heavily used equipment, including the purchase of new ATVs, and a new ticketing / POS system.

Another very exciting announcement will be the creation of a tubing hill for those who are not snow boarders or skiers yet still seek a winter time thrill ride. Final location is to be reviewed with the State and we look forward to providing more details as they become available.

NewTRAC and the Replay team are committed to the success of Tamarack and look forward to working with the TMA and the homeowners to continually enhance resort operations and the guest/homeowner experience.

___________________________________________________________________

Town Meeting for homeowners only:

TMA will be hosting a Town Meeting:

DATE: Monday, March 30th

LOCATION: TMA Main office / 311 Village Dr.

TIME: 3:00 p.m. MDT

This is a good opportunity to hear what’s going on at the resort. Several Board Directors will be present and will take questions towards the end of the meeting.

KTVB NEWS FEATURED TAMARACK ON MARCH 24th.  Check it out:  KTVB News Story

Congrats to three new homeowners this week in Tamarack Resort, all from the Treasure Valley!   Enjoy your new vacation homes and welcome to the community:

97 Golden Bar Ct

20 Rock Creek Ct

119 Golden Bar Ct

For Immediate Release

REPLAY RESORTS ASSUMES OPERATIONS AT TAMARACK RESORT

DONNELLY, ID (March 12, 2015) – New TR Acquisitions Co. LLC (NEWTRAC), the owner of Tamarack Resort, announced today that industry leader Replay Resorts will assume overall operational management for the resort, except for golf operations, effective May 1, 2015.

Replay, which was hired last year to provide oversight of the resort’s assets, will replace the Tamarack Municipal Association (TMA), the homeowners’ association that stepped in to manage day-to-day ski operations in 2010 as the resort went through and successfully exited bankruptcy proceedings.

“Our relationship with Replay Resorts has been an important part of the Tamarack’s resurgence,” said David Papiez, project manager for NEWTRAC. “It’s a logical next step to move from the homeowners’ association to professional ski resort management.”

He added, “You really have to hand it to the homeowners’ association for keeping the resort alive during some challenging times and making a lot of skiers happy in the process.”

Papiez said that encouraging progress is being made at the resort, including an upturn in season pass sales for the 2015-16 winter ski season and significantly higher demand for residential vacation real estate property at Tamarack.

“There’s a lot of excitement about the revival of Tamarack. The ski-in, ski-out residential properties we offer here are affordable, that that’s a rare gem in the ski resort world,” said Mariana Ishida of Replay Resorts. “We’re happy to add our team of professionals and world-class ski-resort expertise to Tamarack’s continuing success story.”

ABOUT TAMARACK RESORT

Just two hours from Boise and a stone’s throw from McCall, Idaho, Tamarack Resort offers four fun seasons of recreational activities and lodging. In addition to skiing and its nationally ranked, Robert Trent Jones Jr.-designed Osprey Meadows golf course, Tamarack offers Nordic skiing, snowshoeing, mountain biking and hiking. Its location in the heart of central Idaho also provides convenient access to boating on Lake Cascade and recreation on nearby rivers and in national forests. The resort is located near the town of Donnelly in Idaho’s Valley County.

ABOUT REPLAY RESORTS
Replay Resorts is a fully integrated, destination development company operating in the U.S., Hawaii, Mexico, Canada and the Caribbean. Replay’s team of strategists, planners, designers, builders and operators develop and operate authentic and enduring places that become must-visit destinations for guests and potential real estate purchasers alike. Working with visionary private equity firms, landowners, municipalities, other developers and families with legacy holdings, Replay creates places that the marketplace thinks of first and likes best, which in turn enhances the market awareness and economics of the destination. Replay’s leadership team is comprised of the founders and former key senior executives of Intrawest, where they built one of the resort industry’s greatest success stories.

Contact

Trisha Sears

Tamarack Realty, Inc.

208.573.1489

Trisha@tamarackrealty.net

www.tamarackrealty.net

 

Michael Anderson

Tamarack Realty, Inc.

208.634.6821

Mike@tamarackrealty.net

 

 

For Immediate Release

 

DONNELLY, ID (March 10, 2015) – Tamarack Realty, Inc., a new, specialized resort real estate brokerage, has been formed to focus on marketing properties at Tamarack Resort.

Trisha Sears, who has been responsible for the majority of real estate transactions at Tamarack for the past eight years, will be general manager of the brokerage and oversee all sales activities. Sears is partnering in Tamarack Realty, Inc. with co-owners Beverly Anderson and Michael Anderson (designated broker).

“With Tamarack’s amenities and the ski-in, ski-out access, there’s really nothing else like it in the region, and precious few resort real estate opportunities like it—or as affordable—are available anywhere in the country,” said Sears.

“We look forward to working closely with the Tamarack Municipal Association and the owners and management of the resort to continue building a healthy real estate market as the local economy improves,” added Michael Anderson. “Toward that end, we plan to offer full cooperation with local and regional real estate offices by providing support, current information, and access to properties.”

Tamarack Resort is currently experiencing much higher demand for its vacation real estate with significantly improved home sales during the first quarter of 2015. And according to Tamarack Resort, season ski pass sales for next year, 2015-16, have also increased substantially.

“There is a lot of pent-up demand from people who have just been waiting for the good news at Tamarack to start again, and it’s definitely here,” said Sears. She added that new sales include residential townhomes, chalets, and vacant lots, with buyers coming primarily from Boise and the Treasure Valley.

Tamarack Realty will host an open house event within the next several weeks to welcome property owners and the real estate community to the new office, which is located in the resort at 850 Village Drive. It will provide full brokerage services including listing and sales of the developer’s inventory and privately owned homes and estate lots.

More information about Tamarack properties can be found on its real estate website.

ABOUT TAMARACK RESORT

Just two hours from Boise and a stone’s throw from McCall, Idaho, Tamarack Resort offers four fun seasons of recreational activities and lodging. In addition to skiing and its nationally ranked, Robert Trent Jones Jr.-designed Osprey Meadows golf course, Tamarack offers Nordic skiing, snowshoeing, mountain biking and hiking. Its location in the heart of central Idaho also provides convenient access to boating on Lake Cascade and recreation on nearby rivers and in national forests. The resort is located near the town of Donnelly in Idaho’s Valley County.

March 6, 2015

Trish,

Ellen and I just want to say what a pleasure it has been working with you on the purchase of our new Cottage in Tamarack. Living in Wisconsin, and only able to get there twice you were so accessible on the two days that worked. Even after the first trip with the resort socked in by fog and zero visibility the time we spent together gave us the confidence to fly back out and spend another day resulting in our purchase of a Cottage!!!  You spent many hours answering our questions about the history of Tamarack, showing off the resort/neighborhood while getting us into numerous properties never once making us feel pressured. We have lived in a few states and purchased different properties, but this has been by far the easiest and most exciting of any, and you were a big reason why. You gave us the confidence in what Tamarack can be based upon what it already has to offer.

Even when a few small issues came up you had them fixed in a day allowing us to close in less than 4 weeks. In addition, every referral you gave us was very professional and each one worked out perfectly.  In the end, your suggestions were right on the mark and I believe we made a decision that is going to be somewhat life changing for us. Tamarack seems like a special place that is only getting better, and we feel lucky to be part of it.

Tamarack is lucky to have you representing their resort as well as any buying or selling clients. You are such a great combination of professionalism, knowledge, honesty, fun and friendly. We look forward to seeing you around Tamarack. We started in November with a little wine tasting, and look forward to more in the future!! (Maybe next weekend)

Thanks again,

Ellen & Bill

SOLD

121 Golden Bar Court – 2/27/15    $349,900

86 Golden Bar Court – 2/27/15     $379,900

90 Golden Bar Court  – 2/13/15    $360,000

PENDING to close in March

648 Whitewater (homesite)

94 Golden Bar   (townhome)

119 Golden Bar  (cottage)

20 Rock Creek   (cottage)

41 Twin Creek   (chalet)

60 Clearwater Court (homesite.  April close date)

All of these properties can be found on my website searching under Tamarack properties.  Another great weekend in Tamarack is ahead of us with our 1st Annual Tamarack Brewski and fat tire bike demo!   Come enjoy the festivities along with good skiing off the Summit Chair.   Bring your sunscreen!

 

I really do love my job.  This testimony from some recent buyer clients in Tamarack made my day.  I truly enjoyed working with them and look forward to many great memories being made in Tamarack with this wonderful couple.

March 3, 2015

My wife and I can recommend Trisha Sears, an excellent Real Estate Agent, without hesitation.

We were fortunate to have met her during the process of considering purchasing a property in Tamarack.

Right from the beginning, her knowledge of the area and enthusiasm had us impressed.

Her recommendations regarding the available properties, their locations, ones that were most likely to meet our desires and needs, the lending and insurance agents, as well as a local handyman, all proved to be invaluable.

Throughout the process, she was organized, she dealt with all of the issues and our questions directly, in a timely fashion and she consistently provided excellent guidance.

She has a pleasant, easy-going, while highly professional approach to her work. Likely the greatest single thing she has to offer is a relationship, not merely a business interaction.

A further outstanding quality and aspect of what she provides is her love for the area: She knows Tamarack, she believes in Tamarack, she lives here!

We will always be thankful for, and better off for, meeting Ms. Sears.

Now that we are also very happy members of the “Tam Fam”, we look forward to years of a new-found , highly-valued friendship!

Ken and Janelle

AgassiTrilliumMy clients’ slope side custom home on Tappan Falls Court is now completed, and their neighbors to the east are working on the completion of their magnificent home this year. The Trillium Neighborhood is getting finished as timeframes for completion of more developer inventory products has been established, as well as landscaping. Stay tuned for more listings coming on line, and more ground breaking this Spring with more homeowners!

IMG_2143Originally sold in 2007 for $1,295,000,  this is the most spectacular homesite to be available as a re-sale in Tamarack Resort. This .72 acre open, large corner lot directly borders the Serenity Ski Run for unobstructed access to direct ski in/ ski out adventures throughout the ski season.  Views of Lake Cascade and the surrounding mountain ranges. Take advantage of this rare, unique opportunity to own a premier slope side lot in a ski resort.  Be sure to check out the Lot Study to view potential option of a separate master suite connected to the rest of the house through an elevated connection, much like the home on Tappan Falls Ct currently under construction.   731 Whitewater Drive, $399,00.

lot 44 Lot Study