xxxSVPOA spring 2014docx - Squaw Valley Property Owners
Transcription
xxxSVPOA spring 2014docx - Squaw Valley Property Owners
Squaw Valley Property Owners Association P.O. Box 2003, Olympic Valley, Ca. 96146 Spring, 2014 Sally Brew Elizabeth Danel Mary Jones Andrew Lange Treas Manning Tamara McKinney Greg Parker Tuck Wilson SQUAW VALLEY PLANS INCREDIBLE SUMMER SEASON photo by Patty Robbins-RobbinsDesign.com ANNUAL MEETING & CLEAN-UP SATURDAY, MAY 24 A long-standing tradition in Squaw Valley on Memorial Day week-end is the breakfast put on by our firefighters. On Saturday, May 24, all property owners and their families in Squaw Valley are invited to the fire station for a delicious breakfast of pancakes, bacon, fruit, pancakes, and sausage. After coffee and socializing, everyone picks up bags, signs up for a street to clean, and heads out to pick up trash accumulated over the winter. The breakfast is at 8:00 and the clean-up begins at 9:00. Volunteers drive trucks around to pick up the bags during the morning. The annual SVPOA meeting begins at 2:00 in the Squaw Valley Lodge Ponderosa meeting room. Speakers from different organizations in the valley will give short presentations on issues pertinent to Squaw Valley property owners. Of special interest will be the presentations on the development of the Squaw Valley Village. Mike Geary will talk about the water situation with the proposed developments. As in years past, a lively silent auction will be held after the meeting with unusual items donated from members. Call Patty (530-581-3841) with items that you wish to donate. Drinks and appetizers liven the auction. All property owners are encouraged to come to meet and greet their neighbors as well as to find out what is going on in Squaw Valley. Squaw Valley is getting ready for an incredible summer season! Squaw will again be offering a wide array of onmountain summer activities, including scenic tram rides, swimming at the mountaintop pool and hot tub, roller skating, disc golf, geocaching, and hiking. As in the past, all 2014-15 season passholders will have free summer access to the tram. Dogs on leashes will also continue to be permitted on the tram, and those who hike up the mountain can download the tram for free. Squaw Valley’s aerial tram will open for summer operations on May 24, offering scenic rides to the top of the mountain and access to Squaw’s hiking trails. The High Camp Pool and Hot Tub, roller skating rink, disc golf course, geocaching, and mountaintop tennis courts will all open on June 21, as will the outdoor climbing wall, which will be relocated to High Camp this summer. July 4 through August 26 marks the high summer season with longer operations. The Tram will open early on Tuesdays, Fridays and Saturdays - with the last tram downloading at 6 p.m. For summer events, Bluesdays will be back this summer with free concerts by top blues acts in The Village every Tuesday evening in July and August, including great deals on food, drinks and $10 off of tram rides. Free outdoor family movie nights in The Village will return every Thursday night in July and August. Yoga Squaw’d will also be back this summer with free outdoor yoga on First Street in The Village every Wednesday evening starting June 18. Wanderlust is scheduled to return to the valley July 17-20 with some of the hottest names in yoga. Other summer events to keep on your calendar are the Art, Wine & Music Festival July 12-13, Brews, Jazz & Funk Festival August 9-10, and the Peaks & Paws Festival August 23. One more event not to be missed is the second Ironman held at Lake Tahoe on September 21. Look on line for further information on this event. Submitted by Amelia Richmond Senior PR Manager, SVSH VILLAGE AT SQUAW VALLEY PROJECT – WATER SUPPLY ASSESSMENT The Squaw Valley Public Service District is scheduled to complete the Water Supply Assessment (WSA) for the proposed Village at Squaw Valley Project and present it to its Board of Directors on June 24, 2014. Placer County will include the WSA in the Environmental Impact Report (EIR) for the project, which will be considered for approval by their Board of Supervisors. The WSA is required of the project and compares available water supplies and estimated water demands for the next 25-years. Local groundwater resources are assessed for sufficiency of water supply to meet the valley’s existing, project, and future water demands in normal, dry, and multiple dry years. Existing supplies and demands considered in the WSA include those of the PSD, the Mutual Water Company, the Resort at Squaw Creek and Squaw Valley Ski Resort. The project’s demands are estimated using unit demands from similar land uses as proposed, while future demands are estimated using known improvement plans and historical rates of development. The supply is estimated using a recently-updated and calibrated numerical groundwater model. Pumping scenarios are evaluated in the model to assess if there is adequate water supply to meet water demands over the next 25years, under a variety of drought conditions. To insure the WSA is as accurate as possible and because the results of the WSA provide critical insight into the impacts on groundwater supplies in Olympic Valley, the PSD commissioned an independent thirdparty peer review of the groundwater model and WSA. The conclusions of this review will be provided to the County with the final version of the Water Supply Assessment. The WSA is a planning step in the approval process and future verifications and testing are required to ensure a safe and reliable supply can be provided to the project. Independent of the WSA, the PSD is working with Squaw Valley Real Estate to identify improvements needed to the District’s water and sewer systems, as well as its fire protection and emergency medical services. The District looks forward to continue delivering its high levels of service to our existing customers as well as our new ones. Submitted by Mike Geary, PSD General Manager SQUAW VALLEY MUNICIPAL ADVISORY COUNCIL Currently, the Squaw Valley Municipal Advisory Council (MAC) is involved with a couple of projects at various stages in the County process, the Squaw Valley Ranch Estates, and the Falkner Garage. One other project, The Plumpjack Project, with an application pending, was introduced to the MAC at the April meeting. The Squaw Valley Ranch Estates first came to the MAC last October. It is for a project to allow eight one-half acre single family residences on the current Squaw Valley Ranch Estates. It entails a request for a rezone of the site from Forest Recreation to Residential Single Family. Mike Pavel, the applicant, reported that the stables ceased operation in 2007 because of economic issues and was no longer viable. His intent is to hold on to a couple of parcels for his family and sell off the rest. Most of the discussion at that meeting concerned the allowed uses with the current zoning, and what was permitted in the General Plan. At a second meeting on the project in March, most of the discussion centered on the concerns with a re-zone. When the environmental information is complete, the item will be brought back to the MAC for a recommendation. Another project in the pipeline is the Falkner Garage which is an underground tunnel and garage off Granite Chief Road under the Squaw Valley Resort Ski Run to two home sites above Squaw Creek. Environmental concerns were brought up about this project and when they are addressed, it will come back to the MAC, most likely in June. A preliminary presentation was made on the Plumpjack Project. The project is based on the removal of all current structures and construction of new buildings containing both hotel rooms and whole ownership condos. In addition to these primary uses, the project will also include a restaurant and bar, retail, spa and meeting space. The architects presented some conceptual drawings. The MAC has also formed a sub-committee looking to improve the Shirley Canyon trail situation. There are now random paths causing erosion and degradation of the creek. The goal would be a more formal marked trail. The committee has been in contact with the Forest Service for coordination and available grant funds. The Squaw Valley MAC normally meets on the first Thursday of each month at 6:00 pm at the Squaw Valley Public Service District meeting room, 305 Squaw Valley Road, Olympic Valley, CA. On occasion these meetings are canceled. Go to www.squawvalleypoa.org "helpful links" to Placer County's website to sign up for notifications and for the current status of such meetings. Submitted by Steve Kastan, Field Representative MESSAGE FROM ALLEN BREUCH, Senior Planner, Placer County SQUAW VALLEY MUTUAL WATER COMPANY Our hope is to release the Falkner Garage Initial Study on May 9 for the required 30-day public review period on the environmental document and then present the “project “ portion on June 5th to the SVMAC as a recommendation item for the Planning Commission’s consideration at their Tahoe meeting on June 26th. If people want to provide written comments on the Initial Study, the comments can be sent directly to Maywan Krach ([email protected]) during the 30-day public comment period. After the 30-day environmental review period, the public can provide comments to Kath Heckert ([email protected]) who is the county Planning Commission clerk so she can forward the public comments to the Planning Commissioners review and consideration. The Planning Commission staff report comes out 10 days prior to the hearing with a staff recommendation to the Planning Commission on the project. The Commission homepage link is below: http://www.placer.ca.gov/departments/communitydevelo pment/planning/pchearings The Squaw Valley Mutual Water Company is nearing final completion of the Water Improvement Project started over two years ago. The final item on the schedule is the installation of a new SCADA system (Monitoring & Control) of the water system operation. The Mutual, with the new equipment at Pump House # 1, will move into the 21st century. The cost savings are yet to be determined but should help the bottom line substantially. If people want to provide comments on the project for the SVMAC consideration, either Steve Kastan or I can receive the comments so we can forward them to the MAC before their June 5th meeting. The Mutual is also encouraging the members who have not connected to he new water meters to do so by October of this year. Approximately 75% of the members are currently connected to the meters. With the drought situation looming over all in the Valley the water meters are a key ingredient to monitoring leaks and over use. The Board is encouraging self water conservation for all the members of the Mutual. The Mutual Board will be saying goodbye to Mr. John Collins, the current Operations & Maintenance manager, after July 1st. We hate to see John go but he's looking at retirement with enthusiasm. The Mutual has been soliciting new Operators and is near selecting John's replacement. The Squaw Valley Ranch Estates re-zone project Initial Study is not as far along as the Falkner Garage project. I don’t have any firm dates to provide on release dates and hearings. However I have been receiving comments (over 50 now) from the public and will forward them to Steve Kastan who can then forward them to the MAC for their consideration when we have a firm SVMAC date for this project. The Board elections will take place in September with two positions up for a vote. Anyone interested in a Board position please contact Anne-Marie @ Squaw Valley Mutual Water Company Submitted by John Johnson, President, MWC People should also know the Planning Commission staff report comes out 10 days prior to the hearing with a staff recommendation to the Planning Commission on the project. The Commission homepage link is below: http://www.placer.ca.gov/departments/communitydevelo pment/planning/pchearings Allen Breuch, Supervisor Planner, Placer County During the planning process leading to the 1983 Squaw Valley General Plan and Land Use Ordinance there was a clear consensus that a sense of pride and involvement in maintaining and improving the visual and environmental quality of the Valley must be developed at a local level. As a result, the SV Municipal Advisory Committee and the SV Design Review Committee were developed as a long-term mechanism to ensure a high degree of “local home rule”. Placer County committed itself to cooperating and working with the MAC and DRC to assure that no new developments within the valley were permitted without the opportunity for a full evaluation by and recommendation from the MAC and/or the DRC. Memorial Day, 2012, at FireStation Photo by Treas Manning WHAT IS THE SVDRC? The SVDRC was created to guide and influence further efforts to improve the visual and environmental quality of the valley. To aid the DRC, a set of “design guidelines” were developed to be used as a standard against which all projects will be evaluated during the design review process. The Design Guidelines provide a far greater degree of direction to the project proponents and at the same time allow for greater input from the local people. Areas which were previously (prior to the adoption of the 1983 Plan) within a Development Reserve Zone District, which required Specific Plans or Rezoning, are now in Districts which eliminate the Specific Plan Process. The present SVDRC committee members are Judy Carini, Jon Shanser, Kevin Strange, Barbara Wilcox and Cindy Yakimow. Their present job is to address the Specific Plan that has been presented to Placer County by KSL. You are encouraged to come to the meetings to get involved and provide direction so that a strong level of ‘local home rule’ can be upheld. Meetings of the DRC are scheduled at 3:30 on the same day as the Municipal Advisory Committee meeting which is the first Thursday of the month. Submitted by Judy Carini, chair of the SVDRC SQUAW VALLEY FIRE DEPARTMENT This summer – with California in the throes of a severe drought - we need to be extraordinarily diligent in preparing defensible space around structures and in preventing ignition. If there is a year to start your defensible space work early and to be particularly thorough in removing flammable vegetation, dead trees, dead branches, pine needles – this is the year. We have seen time and again in other communities that homes with good defensible space are saved in a wildland-urban interface fire and those with inadequate clearance are lost – it’s that simple. When preparing to defend a neighborhood from an approaching fire, firefighters triage homes based on the ability of each home to withstand an approaching fire with a minimum of assistance and intervention on the part of the fire crews, which are always fewer than needed. We pick winners and losers and utilize our limited resources to protect the greatest number of structures. Your home can be a winner with the right preparation, but it’s up to you – waiting until a fire is approaching is too late. The factors that create wildland fire and determine its intensity are wind, relative humidity, fuel, slope and ignition. We can modify fuel (and that’s part of what the defensible space program is all about) but the only other factor that we can truly control or prevent is ignition. The wildland fires that have been most devastating in California have overwhelmingly been human caused. Please be keenly aware of any potential sources of ignition, report any small fires immediately and be proactive and ruthless in creating defensible space around your home. We have an enviable history of fire prevention in Squaw Valley and we need to work harder than ever this summer to continue that proud tradition of fire safety. by Pete Bansen, Fire Chief FRIENDS OF SQUAW VALLEY The organization, Friends of Squaw Valley, was formed in 2012 in response to the Squaw Valley Real Estate proposed village development. The FoSV mission is to “seek an improved and vibrant village that thrives economically while serving both locals and visitors yet retains aesthetics and community character.” To fulfill this mission, FoSV has conducted numerous meetings and a survey of friends and neighbors to articulate vision and values. Consultants have been hired to define key elements of a successful ski village. FoSV has submitted NOP comments to Placer County addressing environmental impacts of the village plan. Presentations are being made to the SV Design Review Committee articulating design guidelines to shape the proposed village. FoSV will continue to gather input and develop additional guidelines to assure any future developers would build a sustainable and successful village. FoSV will provide critical analysis of the draft EIR, due in the fall, and submit concerns and suggestions to Placer County. Key documents, historic activities, media commentary, and opportunities to get involved or donate to the efforts of FoSV can be found on Facebook as well as on the website www.friendsofsv.org. submitted by Ed Heneveld NEW SCHOOLS THRIVE IN OLYMPIC VALLEY Creekside Charter School moved from Tahoe City to become a part of the Olympic Valley community last fall, expanding from 90 students to 161. Squaw Valley Preparatory, governed under the same Board, opened its doors to serve an initial 70 7th through 10th graders. The two schools share a site located near the Olympic Valley Lodge on Chamonix and are grateful for the warm welcome from neighboring businesses and residents. Creekside and Squaw Prep are charter schools within the California public school system, operating as nonclassroom based programs with classes Monday through Thursday and enrichment activities and clubs on Fridays. The flexibility of non-classroom programs fits well with the winter athletic, dance, and a variety of other pursuits of Creekside and Squaw Prep students, allowing for morning training and travel for competitions while still being held and supported in high academic standards. Both programs utilize a blended model of instruction, incorporating innovative technology, individualized learning and community stewardship and involvement within a framework of state and common core standards. Students at Creekside and Squaw Prep recognize that they are valuable contributors to their local and global communities and environments and are empowered to serve an active role to make the world a better place. These ethics also drive a sense of healthy competition in academics as the high school students consider college and career opportunities. Squaw Valley Preparatory is celebrating its recent WASC accreditation and is preparing to add 11th grade for the 2014/15 school year, and 12th grade in the 2015/16 school year. Both schools look forward to the outdoor education opportunities of our environment and are designing service learning elements into next year's academic offerings. Submitted by Camille Taylor, Executive Director, Creekside Charter School, Squaw Valley Preparatory ********************************************************* TO BE OR NOT TO BE…INCORPORATED A group of Squaw residents has formed a committee to change Squaw Valley into an incorporated “town” or “city.” The process of incorporating an area from within a county is complicated and costly. There are divergent views, many strongly held, as to whether incorporation is or is not a good idea. In support is the suggestion that control of many aspects of government activities in the hands of a locally elected council will make for better government because it would be more responsive to local issues than is Placer County. Chief among these are regulation of real estate projects, road maintenance, snow removal. If formed the town fathers would have the option to arrange for town employees to carry out these tasks or contract for such services with independent contractors or with Placer County (e.g., police services from the county sheriff’s office). Proponents suggest that a locally elected town council would have more knowledge of local issues than the five supervisors located in Auburn Opponents are concerned that a) the costs could cause the town to become broke; b) that local politicians and their electorate could initiate costly projects which are paid for from 1) additional property taxes which could adversely affect out-of- town residents who own a house, condo or time share and who, because they are not residents, would not benefit from such projects and have no right to vote on the matter; or 2) from additional transient occupancy or sales’ taxes which are paid by visitors but adversely affect local providers of short term rentals and shops, respectively. Under way is a study of whether such an incorporated entity is financially viable. Also soon to be under way are negotiations between the proponents and the Placer County over money the town would pay to the county to make the formation financially neutral to Place County, as required by state law. Any such formation must be approved by a state created board, the Local Agency Formation Commission (“LAFCO”) and then approved by the voters within the area proposed to be incorporated. If incorporation is approved by LAFCO, only the registered voters in Squaw Valley would vote whether to incorporate. A simple majority carries the vote. One objection of those who are not registered to vote in Squaw Valley, but own property as in the townhouses, is that a small number of voters would decide the future of Squaw Valley. Further issues involve the possible negative effects on revenues which the town would collect from local business in the future that the county might otherwise want to spend on services in “east county.” Also unknown is whether the proposed Village Project would be part of a newly formed town, and, if it would be, whether the proposal would therefore be subject to the newly formed Town Council's approval. Information for incorporation is available on IOV’s website, www.incorporateolympicvalley.org. The opponents of incorporation point of view is on the web site: http://www.saveolympicvalley.org. IOV has scheduled monthly meetings to share information and to respond to community concerns. The next meeting is scheduled for 7:00, June 4, in the PSD public meeting room. Submitted by Andrew Lange The SVPOA has for many years participated in the Cal Trans Adopt-A-Highway program. Volunteers from Squaw Valley gather for approximately 3 clean up days during the course of the summer. We work as a team meeting at the park and then embarking with a partner to clean up a section from the entrance of Squaw Valley towards Truckee. Our first scheduled clean up will be on Thursday June 19th, meeting at 9:00 at the park parking lot. If you are interested, leave a message with Greg Parker at [email protected] and you will be contacted prior to that date. We will also have clean up days in August and in either September or October. JOAN KLAUSSEN, LONG TIME RESIDENT IN SQUAW VALLEY Joan Klaussen, well known in Squaw Valley, has lived in the valley longer than most of the current residents. She obviously has seen many changes in the valley since she arrived in 1956. Her only introduction to skiing before coming west was going with high school classmates to ski for a week at Cannon Mountain. After earning a BS in Nursing from Simmons College, her first job was in a hospital in Boston. Being adventuresome she decided to head west so took a Greyhound Bus to San Francisco with several friends….and has never turned back. Her first job in the west was as a nurse at Stanford Hospital located in San Francisco at that time. Initially Joan lived on a houseboat. Neighboring her was Peter Klaussen also living on a houseboat. At that time Peter was building a cabin in Squaw Valley with an eastern friend, Henrik Bull. Peter had also felt the pull of the west after graduating from Harvard. Joan started going up to Squaw Valley with Peter where he was building his cabin in 1956. They ended up living in the cabin the first years of their marriage. That house, designed by Henrik Bull, was later bought from them by a friend, John Chisholm.. Joan and Peter made Squaw Valley their permanent home where Peter could build houses, ski, and work on the mountain. Joan and Peter had four children who had the entire valley as their playground. Before the Olympics, Squaw Valley was a quiet community. Young families were moving into the valley which provided an ideal environment for children to grow up in. The families got together frequently and dreamed up fun social activities. At Easter there was an egg hunt in the meadow and an Easter Bunny. Go-cart races were held as further entertainment. A Treasure Hunt was an outdoor tradition that lasted over 20 years. The Sporting Club was formed which had fun races for families on Little Papoose. As more people moved into the valley to build homes, Peter Klaussen and others had concerns about the design of the new structures. Thus the Squaw Valley Property Owners Association was initially formed to monitor the structures being built. Joan was a SVPOA Board member for many years and the initial editor of this newsletter. For one year, Peter and Joan ran the Cornice Restaurant on the top of KT. Joan would haul doughnuts, hamburgers, soup, and buns up every morning on the lift. In the evening Peter and Joan would haul the garbage and dirty dishes down since the restaurant had no running water. In 1961-1962 Peter began to work on the development of Alpine Meadows so they gave up the restaurant work. Joan, resuming her nursing career, worked at the new emergency medical clinic at the bottom of the mountain around 1967. She worked at the TTMC clinic for 30 years which she greatly enjoyed. The clinic was mostly open in the winter. When her neighbors found out that Joan was a nurse, she ended up with many calls and mothers coming to her house with their sick children. Joan was a skier but never a racer as were Peter and her children. One of her favorite memories in all her years in Squaw Valley are the picnics of all types at the flat rock up Shirley Canyon. To her many friends in the area, Joan is known, not only a lover of nature, but as a vivacious woman who loves to have fun. Having lived all these years in Squaw Valley and watching the community grow, there is still no other place she would rather be then in Olympic Valley surrounded by beautiful mountains. Now that skis and snowboards are tucked away, it is time to dust off the pickleball rackets and balls. Once again John and Jean Sproehnle are organizing, with other pickleball players, games in Squaw Valley at the park. Any interested individual can drop by on Saturday and Sunday mornings to pick up a game. Instruction will also be given for beginners. In addition ladies only sessions are planned for Tuesdays. For more information or if you are interested in giving Pickleball a try, call John and Jean at (530) 583-4196 or email to [email protected]. SUMMER SCHEDULE OF SQUAW VALLEY INSTITUTE May 31st we are honoring Lyme disease awareness month with Angeli Van Laanen. Location Squaw Creek Resort Late June we are running a Water and Drought panel discussion in timing with the TTPUD report which is being released June 12th. July we generally take off but I have a surprise musical guest coming for an intimate story teller evening and music workshop. August we will run the Farm to Table dinner in Squaw Valley September 22nd will be the celebrity golf tournament submitted by Mike Reardon, Executive Director, SV Institute SQUAW VALLEY CHAPEL The Squaw Valley Chapel, United Church of Christ, 144 Squaw Peak Road in Olympic Valley holds worship services every Sunday at 10 AM. Visitors are cordially welcome. Alcoholics Anonymous meets in the Chapel’s Lodge Room every Thursday evening beginning at 6 PM. It is an open meeting. On Sunday, June 22, 2014, at 10 AM Squaw Valley Chapel will be celebrating its 20th anniversary of the reopening of the Chapel as a local congregation. In its earliest years the Chapel was owned by the United Church of Christ denomination, which subsidized a ministry here following the 1960 Olympics. When this failed the building was used as a retreat center, and then closed for 21 years. On Sunday, June 19, 1994, a group of local residents under the leadership of the Rev Guthrie Swartz reopened the Chapel for services. They refurbished the building and purchased it from the denomination. The 20th anniversary celebration will include a service of worship and potluck lunch. All friends of the Chapel are urged to participate. Submitted by Reverend Art Domingue WORDS FROM SVPOA PRESIDENT Times are a changing in Squaw Valley. As you have read in this newsletter, at least three projects have been proposed to be built. The continued mission of the SVPOA is to share pertinent information with Squaw Valley property owners. Treas Manning, a member of the SVPOA board, has created an excellent website, www.squawvalleypoa.org. which includes links to boards and organizations in Squaw Valley as well as announcement of events. We are also periodically sending to our members by e-mail, announcements of events in the valley. Another communication effort is to keep updated the community bulletin board outside the post office This spring we invited HOA Board Presidents to share concerns related to the KSL development as well as to learn more about the SVPOA. We realize that Olympic Valley has about 7000 property owners mostly who live in townhouses and condos. We would like to hear their ideas and perhaps build more of a community in Squaw Valley of property owners who do not live in the valley full time. We realize that week-enders do not have the advantage of going to meetings, such as the MAC, during the week. We plan in the coming year to have community meetings on week-ends to share information on the developments in the valley. The next major step in the KSL proposed development is the draft EIR, planned to be out in the fall. There will be a month for the public to send comments to Placer County Planning Department We will keep all our members appraised of the time to comment. by Sally Brew, President, SVPOA RENEW YOUR SVPOA MEMBERSHIP NOW!!! NEW/RENEWAL MEMBERSHIP REPLY FORM ANNUAL DUES ARE $30 FOR TWELVE MONTHS, DUE IN MAY. DELINQUENT AFTER AUGUST 30, 2013. Thank you, members, for your continued support. To those Squaw Valley property owners who have not become paid members, won’t you consider joining now? SVPOA is a valley-wide association that any property owner may join. Your membership will ensure that you will keep informed of all important issues. Our social events are a great way to meet new neighbors and visit with old friends. The annual dues cover June 1, 2014-May 31, 2015. One can also renew membership on the SVPOA website, www.squawvalleypoa.org. NAME ______________________________________________________ DATE ________________ MAILING ADDRESS:_______________________________________________ SV ADDRESS: ________________________ PHONE NUMBERS:___________________ E-MAIL ___________________________________ _____________ I am no longer a Squaw Valley Property Owner. Please take my name off the mailing list. _____ Mail Checks payable to SVPOA, P.O. Box 2003, Olympic Valley, CA. 96146 Squaw Valley Property Owners P.O. Box 2003, Olympic Valley, Ca. 96146 First Class US Postage PAID EZ Mail 96145 Shirley Canyon in Spring Photo by Judie Stepner ********************************************************************************************* Squaw Valley Real Estate Market Update Ladies & gentlemen, start your engines! Single Family Residence in Squaw Valley: 5/1/12- 5/1/13 5/1/13- 5/1/14 17 sales 23 sales Median price: Median price: $892,000 $1,750,000 Squaw Valley Condominiums: 5/1/12- 5/1/13 55 sales Median price: $370,000 5/1/13- 5/1/14 50 sales Median price: $452,500 The single family inventory currently shows 25 homes on the MLS. 2 properties are in escrow. 7 of the 23 single family sales have happened between 1/1/14 thru 5/1/14. The highest listing price at the moment is $16,000,000. (The Poulsen Estate) The lowest listing price is $695,000. *A noteworthy sale this past year is that of 258 Granite Chief Rd. which sold 8/9/13 for a record $8,500,000! The average days on market (DOM) for single family residences in the time period from 5/1/12-‐ 5/1/13 was 242 days. The DOM decreased to 184 in the time period from 5/1/13 -‐5/1/14! Condos are moving along as well with 50 sales since 5/1/13. There are currently 57 condos on the market, with 17 of those 50 sales happening in from 1/1/14 thru 5/1/14. The Bay Area market is on the move w/ many properties getting multiple offers and selling above list price. As summer comes, Squaw Valley real estate is heating up too! Provided by Tamara McKinney