The Northstar Lodge, a Hyatt Residence Club in Truckee, California was just sold to the Welk Resort Group according to an announcement by HFF, the agents for the seller, LTMR Properites, LLC. What this means for current owners has not been revealed.
The Northstar Lodge, a Hyatt Residence Club, is a ski-in/ski-out private residence club situated at the base of Northstar Mountain in Truckee, California. Completed in 2008, the first phase of this LEED Silver luxury property features 34 two- and three-bedroom units totaling 51,602 square feet. The club amenities include a private ski & boot valet, swim & fitness center, owners’ lounge and plaza, and media room. The adjacent development parcels are entitled for an additional 67 units totaling 102,619 square feet.
Welk Resorts was founded in 1955 by the late entertainer, Lawrence Welk. It is one of the most respected independent brands in the vacation ownership industry. They are a family owned, privately held company led by Welk’s grandson Jon Fredricks. They currently have vacation units, hotel rooms and villas in Cabo San Lucas, San Diego, Palm Springs, Maui and Branson, Missouri.
Whether you’re interested in buying at the Hyatt Northstar or any other Hyatt Resorts, we have an extensive list of Hyatt resales to choose from. Since they have sold their Northstar property there is another Hyatt vacation ownership opportunity in the Lake Tahoe area. The Hyatt High Sierra is just a few miles away from Northstar and is convenient to the outstanding North Lake Tahoe ski resorts of Squaw Valley, Alpine Meadows, Mt Rose, and the family-friendly Diamond Peak.