Soaring Ranch is optimally located to service the daily shopping, dining, and entertainment needs of half a dozen communities with over 7,500 homes and 1,000 condos just minutes away.
A Diverse Population Base
Avg. Income: $100,000+
Avg. Home Price: $750,000+
Truckee’s trade area population has more than quintupled over the course of 25 years.
Approximately 4,000 professionals commute daily to Truckee year round. Seasonal jobs account for an additional 2,000 daily.
Truckee’s base population is approximately 38,000 and it swells to over 80,000 during the peak summer and winter seasons.
Soaring Ranch is the 1st shopping center built in over 25 years in Truckee and is the only shopping center located east of Downtown Truckee.
Over 1,000 hotel rooms are within a 10 minute drive.
Lake Tahoe enjoys over 24 million guest visits per year.
In response to community needs, Soaring Ranch increased multi-family housing and decreased proposed commercial space within the project. The result is a model, mixed-use housing solution for local residents in a region suffering severe housing shortages.
Soaring Ranch will directly address Truckee’s housing needs. The project’s second phase will include 69 multi-family housing units, of which 8 units will be affordable. At full build-out, Soaring Ranch’s approximately 160 housing units will be prioritized to full-time, local residents, with up to 26 of the housing units being prioritized for local, first-time homebuyers.
Housing local residents is a core mission of Soaring Ranch, and a vital part of the vibrancy and economic sustainability that the project will bring to the Truckee and North Tahoe region.
Soaring Ranch will offer both for-rent and for-sale housing opportunities as phase two and phase three of the project are completed. Affordable housing, local housing and first-time homebuyers are all being prioritized within a community designed for local life. Housing opportunities include:
- Up to 69 multi-family apartments in Phase 2 with a mix of studios, one bedroom, two bedroom, and three bedroom units
- Future Phase 3 will provide up to 92 additional multi-family units with up to 26 of them designated as for-sale residences geared towards first-time homebuyers
Check back for updated information on leasing and purchasing opportunities that will put you in the heart of Truckee newest, most vibrant mixed-used 20-minute neighborhood.