Prime development land offering situated in the center of the highly regarded, historic Hilltop site, perched directly above Truckee’s Commercial Row and the beautiful Truckee River. The site offers a rich history, a superior location and a Town approved masterplan for development on the site (multi-year process). Property is zoned “Downtown Master Plan” (DMP) with a large portion dedicated to residential use, including a large multi-family complex in the middle of the village plus adjoining separate MFR & SFR residential neighborhoods further up the hill. The other segment is zoned Downtown Commercial with a large area of commercial development allowed, including the nearby Hilltop cabins, with possible bonus commercial footage. The Master Plan also includes an option for a 60 door hotel site. The Cottonwood building complex on 1.96 acres is not part of this offering. This is one of two master planned communities in Truckee, approved after years of town and public review. The other development is The Railyard project, now under construction. Main Elements of Hilltop Masterplan (entire Masterplan document is attached) The Hilltop Master Plan incorporates a mixed-use concept that is intended to create a walkable neighborhood/village within the Town of Truckee and sets forth the following: 1) Land use designation, building and intensity provisions, and development standards for each of the properties within the Hilltop Master Plan Area. 2) Design guidelines integrated to promote related design themes, pedestrian orientation, mixed-use residential/ commercial activities and infrastructure. 3) Common infrastructure improvements and associated design standards including offers of dedication and easement abandonments, where applicable. 4) Open space, trail networks and implementation programs for the Masterplan. 5) Environmental policies addressing greenhouse gas emissions, particulate matter emissions, protection of wetlands and open space, and preservation of trees.