Huge $3MM reduction! Rare Master Planned development offering consists of 41.16 acres of prime land situated at the iconic Hilltop site, perched above charming Downtown Truckee and the beautiful Truckee River. This site offers a rich Truckee history, superior location, and Town-approved Master plan for the last remaining large scale Truckee development. Zoned "Downtown Master Plan" with a large portion dedicated to residential, including several multi-family neighborhoods as well as separate single family residential areas further up the hill. Commercial zoning allows 19,180 SF of new commercial development with bonus footage plus 60-door hotel site. Cottonwood Restaurant parcel is NOT part of this offering. Located less than 15 miles to popular Destination Ski Resorts and Lake Tahoe.