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!

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.

STAR NEWS UPDATE POST TAX DEED SALE ON MAY 4, 2017:

Investment group pays off taxes to keep options open

A group of Tamarack Resort homeowners has paid off the taxes due on 490 acres of bare ground at the resort to keep options open for a potential buyer, the attorney for the group said Tuesday.

The Tamarack Homeowners Acquisition Company paid $33,368.98 in past-due property taxes to keep the five parcels from being sold at an auction held Monday by Valley County commissioner, said the group’s attorney, Kris Ormseth of Boise.

“THAC was concerned that the loss of those five parcels in a tax deed sale would have made the resort less attractive to a qualified developer,” Ormseth said.

The 490 acres are located at the southern end of the resort and have no services such as water, sewer or electricity.

The removal of the five parcels left 15 smaller parcels left to be auctioned for past-due taxes during the commissioners’ regular meeting at the Valley County Courthouse.

No bidders came forward during Monday’s auction and commissioners said they were unsure what to do next.

The parcels were offered in one package for the minimum price of $375,000, which was the amount of past-due taxes on those parcel.

The action by the homeowners is the latest move to ensure major operating parts of the resort can be put under consolidated ownership.

THAC was formed last October to buy a variety of parcels formerly owned by New TR Acquisition Co., which had defaulted on its property taxes. Investors were required to put in at least $100,000 to be part of the effort.

But the new group only 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.

The other parcels were the ones scheduled for auction on Monday. They included the 490 acres of bare ground, 14 privately owned hotel rooms in the Lodge at Osprey Meadows, the former medical clinic and the former Crane Creek Market.

There are separate ownerships on the former Osprey Meadows Golf Course, which was closed in 2015 and left to overgrow, and the unfinished Village Plaza, a complex of retail space and condos

THAC is still hoping to find a buyer for all available parts of the resort, Ormseth said.

“The purpose of THAC is to keep as much of the resort as possible available for sale to a qualified developer,” he said.

 

 

 

Valley County announces its intention to sell select properties taken by tax deed.

The Board of County Commissioners will host a live auction on May 1, 2017 at 1:30 P.M. at the Valley County Courthouse, 219 North Main Street, Cascade, Idaho 83611. The properties shall be sold as a “bundle” meaning there will only be one auction which includes all properties to be sold. The minimum bid for the properties is $400,000. Potential buyers are notified that by law, the record owner has the right to redeem the properties prior to the auction. Accordingly, not all of the properties listed on the Valley County website may actually be included in the “bundle” for auction. Please continue to check the Valley County website for updates. Any purchaser of the properties will take them subject to all existing North Lake Recreational Sewer and Water District local improvement district assessment liens for past due amounts and future payments as provided by Idaho law. Further encumbrances may be identified through the title search process.

PARCEL NUMBER OWNER NAME OWNER ADDRESS

LEGAL DESCRIPTION AND PHYSICAL ADDRESS

RP005390190200 VALLEY COUNTY
P O BOX 1350 CASCADE ID 83611

TAMARACK RESORT P.U.D. PHASE 2 VILLAGE LOT 20 BLOCK 19 – 4.2 MILES SOUTHWEST OF CITY OF DONNELLY

RP005390190190 VALLEY COUNTY
P O BOX 1350 CASCADE ID 83611

TAMARACK RESORT P.U.D. PHASE 2 VILLAGE LOT 19 BLOCK 19 4.2 MILES SOUTHEWEST OF CITY OF DONNELLY

RP005390190180 VALLEY COUNTY
P O BOX 1350 CASCADE ID 83611

TAMARACK RESORT P.U.D. PHASE 2 VILLAGE LOT 18 BLOCK 19 4.2 MILES SOUTHEWEST OF CITY OF DONNELLY

RP005140190170 VALLEY COUNTY
P O BOX 1350 CASCADE ID 83611

TAMARACK RESORT P.U.D. PHASE 2 VILLAGE LOT 17 BLOCK 19 4.2 MILES SOUTHEWEST OF CITY OF DONNELLY

RP005390190070 VALLEY COUNTY
P O BOX 1350 CASCADE ID 83611

TAMARACK RESORT P.U.D. PHASE 1 VILLAGE LOT 7 BLOCK 19 “PARKING LOT”-4.2 MILES SOUTHEWEST OF CITY OF DONNELLY

RP005140190010 VALLEY COUNTY
P O BOX 1350 CASCADE ID 83611

TAMARACK RESORT P.U.D. PHASE 1 VILLAGE LOT 1 BLOCK 19 “MEDICAL CLINIC”-4.2 MILES SOUTHEWEST OF CITY OF DONNELLY

RP005140190060 VALLEY COUNTY
P O BOX 1350 CASCADE ID 83611

TAMARACK RESORT P.U.D. PHASE 1 VILLAGE LOT 6 BLOCK 19 4.2 MILES SOUTHEWEST OF CITY OF DONNELLY

RP005140190050 VALLEY COUNTY
P O BOX 1350 CASCADE ID 83611

TAMARACK RESORT P.U.D. PHASE 1 VILLAGE LOT 5 BLOCK 19 “CRANE CREEK MARKET” -4.2 MILES SOUTHEWEST OF CITY OF DONNELLY

RP15N03E055335 VALLEY COUNTY
P O BOX 1350 CASCADE ID 83611

REDEEMED 4/27/17

RP00514019000B VALLEY COUNTY
P O BOX 1350 CASCADE ID 83611

TAMARACK RESORT P.U.D. PHASE 1 VILLAGE BLOCK 19 4.2 MILES SOUTHEWEST OF CITY OF DONNELLY

RP00025000001B VALLEY COUNTY
P O BOX 1350 CASCADE ID 83611

REDEEMED 4/27/17

RP15N03E081370 VALLEY COUNTY
P O BOX 1350 CASCADE ID 83611

REDEEMED 4/27/17

RP15N03E080605 VALLEY COUNTY
P O BOX 1350 CASCADE ID 83611

REDEEMED 4/27/17

RP15N03E070005 VALLEY COUNTY
P O BOX 1350 CASCADE ID 83611

REDEEMED 4/27/17

RP00515006000A VALLEY COUNTY
P O BOX 1350 CASCADE ID 83611

TAMARACK RESORT P.U.D. PHASE 2.1 PT. BLOCK 6 – 4.2 MILES SOUTHWEST OF CITY OF DONNELLY

RP00530000000A VALLEY COUNTY
P O BOX 1350 CASCADE ID 83611

TAMARACK RESORT LODGE AT OSPREY MEADOWS CONDOMINIUM “14 HOTEL UNITS” – 4.2 MILES SOUTHWEST OF CITY OF DONNELLY

RP005390190220 VALLEY COUNTY
P O BOX 1350 CASCADE ID 83611

TAMARACK RESORT P.U.D. PHASE 2 VILLAGE LOT 22 BLOCK 19 – 4.2 MILES SOUTHWEST OF CITY OF DONNELLY

RP005390190210 VALLEY COUNTY
P O BOX 1350 CASCADE ID 83611

TAMARACK RESORT P.U.D. PHASE 2 VILLAGE LOT 21 BLOCK 19 – 4.2 MILES SOUTHWEST OF CITY OF DONNELLY

RP005300P20010 VALLEY COUNTY
P O BOX 1350 CASCADE ID 83611

TAMARACK RESORT LODGE AT OSPREY MEADOWS CONDOMINIUM UNIT P2-01 “GOLF CART STORAGE” – 4.2 MILES SOUTHWEST OF CITY OF DONNELLY

RP00587000000A VALLEY COUNTY
P O BOX 1350 CASCADE ID 83611

TAMARACK RESORT 3RD AMD. BELEVEDERE RIDGE HOTEL CONDOMINIUM – 4.2 MILES SOUTHWEST OF CITY OF DONNELLY

Congratulations to a current Tamarack Family upgrading to this 3 bedroom Sawtooth Chalet.  The contract was in before it even hit the market!   Don’t miss out on this sizzling real estate market in Tamarack Resort.  With prices on the rise, low supply of inventory, and great interest rates still to be locked in, don’t miss out on perhaps this last opportunity to get into America’s newest destination ski resort at these prices.  Browse the website for available properties then call Tamarack Realty for more information or a tour of these homes.

Congratulations to our new Tamarack Resort homeowners from San Diego on closing on this magnificent 10,700 SF luxury ski home.  Featuring direct slope side access off the Lower Encore ski run with outstanding views of the Village Plaza and Lake Cascade below.  Welcome to our growing TamFam and enjoy many great memories in one of the finest slope side ski homes in the West!

Clef two-factor authentication