Homewood Mountain & Lake Club
Lake Tahoe, CA
Located on Lake Tahoe’s West Shore, Homewood is an operating ski resort on the largest private land holding in the Tahoe basin, allowing for the development of a four-season mountain / lakefront resort community.
Asset Type
Mountain/Lake Resort
Acquired
2006
DEVELOPED
Ongoing
Scope
>1M Buildable SF
Key Investment Thesis
Private ownership of the mountain and lakefront parcels, in conjunction with entitlements obtained by JMA Ventures, enables for a one-of-a-kind residential ski and lake club development.
- Truly irreplaceable asset in a proven resort market with strong connection to Bay Area.
- Unlike other luxury ski resorts, Homewood is immediately adjacent to Lake Tahoe, one of the most renowned alpine lake summer destinations in the world.
JMA Value Creation
Completion of multi-agency entitlement process and lakefront assemblage of three separate properties allows for the necessary pivot to a residential resort community in partnership with Discovery Land Company.
Resort redevelopment concepting, planning, and permitting
Capital sourcing for individual development phases
Entitlements vested with commencement of construction in late 2022
