$2,950,000

Silver Creek — 1.71-acre multifamily development site on Winter Creek Loop, Truckee (APN 019-820-001-000). The Town of Truckee Planning Commission approved a 40-unit multifamily project on the site under State Density Bonus Law (Resolution 2024-08), including five units deed-restricted at 60% AMI in perpetuity. IMPORTANT — ENTITLEMENT STATUS: The approval term expired September 2, 2026. The project is NOT currently entitled and is NOT construction-ready. A time extension application was submitted August 26, 2026; the Town issued an incompleteness determination dated September 3, 2026, and a supplemental submittal is in preparation. No assurance is made that the extension will be approved. Renderings and schematic images are conceptual only, are not construction documents, and may differ from the elevations reviewed by the Planning Commission. Buyer to independently verify entitlement status, conditions of approval, applicable current development and objective design standards, and all feasibility matters directly with the Town of Truckee. Sold AS-IS.