Although Las Vegas is well known for its famous Strip, it also is known for another jewel destination that offers exceptional outdoor recreational experiences just 25 minutes from the Strip.
The Mt. Charleston Resort Area is a majestic and pristine mountain escape from Las Vegas that brings more than 2 million annual visitors to this mountain paradise for skiing, hiking, camping and outdoor wonderment.
A rare one-of-a-kind multi-family condominium and commercial development now awaits the right investor/developer. The Peaks at Mt. Charleston has been fully approved by all government agencies in the exclusive and restrictive Mt. Charleston Resort Area.
“The Peaks is the last commercial development approved in the Mt. Charleston Resort Area,” states Cheryl Davis, Owner/Broker of Paragon Premier Properties and representative of The Peaks. “This rare opportunity has been in the making for more than a decade and is ready for the right investor/developer to finish this dream.”
APPROVED PERMITTING & WATER RIGHTS
Along with all of the necessary legal permits and approvals to develop, which are grandfathered and no other development of its kind can obtain under new government regulations, the development also has the required water rights and access for the development.
A multi-family luxury condominium along with an acre for commercial development in the Federally protected area is rare due to new government imposed restrictions. According to the 2009 Statues of Nevada, no new multi-family or commercial projects that are not already zoned can be developed.
“The owners of The Peaks are long-time Las Vegas residents and business owners who spent years obtaining all of the necessary government permits and approvals,” comments Davis. “Current government regulations won’t allow another multi-family development of this kind.”
The Peaks is set on approximately 5+/- acres and the approved site plan calls for the construction of three multi-family residential buildings with an underground parking garage that encompasses 72 units. Additionally, a 3 story commercial building that is zoned C-2 is located on the property. This will be a multi-tenant commercial building that will complement and enhance the residential development. The commercial building has approximately 35,000 sq. ft.
THE APPEAL OF MT. CHARLESTON RESORT AREA
Many local residents of Las Vegas come to Mt. Charleston during the summer to escape the heat of the valley, and during the winter, it’s a short drive for skiing. It is several hundred miles to drive to either California or Utah for winter skiing.
“Mt. Charleston has always been a jewel of Las Vegas and with the mega influx of residents and visitors, the government has imposed very strict development regulations to preserve this jewel. That is the reason The Peaks at Mt. Charleston is a very rare and unique opportunity for the right investor/developer,” concludes Davis.
For more information visit www.ladreams.com/the-peaks
Disclaimer: The information, data and maps included in this article provide an overview of The Peaks. For specific data, reports and site maps please contact the Broker of Record.
YOU MAY ALSO LIKE
