San Francisco, CA – San Francisco-based commercial real estate developer JMA Ventures, LLC, which owns a number of U.S. ski resorts including Lake Tahoe’s Homewood, Red Lodge in Montana, and until recently Alpine Meadows in California, has purchased a ski-in, ski-out residential property adjacent to The Ritz-Carlton, Lake Tahoe.

Located mid-mountain at the newest Vail Resorts-owned resort, Northstar California, these fully furnished two-, three- and four-bedroom mountain homes were built by The Ritz-Carlton Development Company, Inc. and will now be available this ski season for rental or for sale as fully owned, private homes for the first time since their completion in 2009. These mountain homes will enjoy many luxurious amenities and services, including a mountain ski concierge to attend to guests’ every ski need upon stepping out the door of the property.

“We are thrilled to acquire such an incredible, one-of-a-kind property that offers an unparalleled slope-side experience,” said Todd Chapman, CEO of JMA Ventures, LLC.  “It is unique to be able to offer residents mid-mountain access to a ski resort owned by Vail Resorts plus access to the amenities offered by The Ritz-Carlton, Lake Tahoe. We are delighted to add this magnificent property to our portfolio.”

JMA’s plans call for these luxury mountain homes to be available for the first time as full ownership, with prices set well below the pricing peak of five years ago. The homes are connected to The Ritz-Carlton, Lake Tahoe by a sky bridge and residents will have access to hotel amenities, including the mountain-side heated swimming pool and hot tubs, spa, exercise facility and access to the Village at Northstar via a direct-access gondola.