Sale of 17 residences at Lake Wing overlooking Osprey Meadows Golf Course nets $16.5 million
TAMARACK, Idaho – (November 13, 2007) – In spite of the softening of the national real estate market, property at Tamarack Resort continues to be desired in the destination resort industry— as evidenced by the weekend sellout of the first condominium residences offered in the Lodge at Osprey Meadows Lake Wing.
“In a slower real estate market, this sale truly speaks to the unique investment and lifestyle opportunity here at Tamarack. We sold more than we had anticipated in our first release of property in the Lodge at Osprey Meadows Lake Wing,” said Jean-Pierre Boespflug, Tamarack Resort CEO.
The Lake Wing occupies an elegant perch at the entrance to the award-winning Osprey Meadows Golf Course – named the “Best New Public Course $75 and over” for 2006 by Golf Digest – and is framed by the Lodge at Osprey Meadows Main Wing and the under-construction Village Plaza.
In addition to the amenities of the nearby Lodge at Osprey Meadows Main Wing – Morels Gourmet Dining and Lounge, Santé Spa, concierge services, fitness facility with pools, and the Golf and Nordic Shop – Lake Wing residents also will have their own indoor/outdoor yoga studio, game room, resident lounge, and heated, underground residential and golf-cart parking.
It is truly luxury with a conscience, as the Lake Wing is being built to comply with the LEED® Green Building Rating System, the nationally accepted benchmark for the design, construction and operation of high performance green buildings. Currently under construction, the Lake Wing is scheduled to open in early 2009.
The residences sold ranged in size from studios to penthouses and in price from $495,000 to $3.1 million.
About Tamarack Resort
Tamarack Resort, the first all-season resort to open in the U.S. in more than two decades, has received national attention for its world-class mountain for skiing, hiking and mountain biking; Osprey Meadows, a Robert Trent Jones, Jr., signature golf course named Americas Best New Course in its category for 2006 by Golf Digest; and beautiful Lake Cascade, ideal for swimming, sailing, fishing, sea kayaking, and boating. A key element of the Tamarack community is The Club at Tamarack for homeowners, their families and guests. Nestled in Idahos Payette River Mountains, Tamarack is a luxury boutique resort with a variety of lodging options all within walking distance of the four-season amenities. Call 877.TAM.RESORT or visit www.tamarackidaho.com for more information about Tamarack Resort.
