SilverTip Resort
Fully-Entitled Yosemite Development Opportunity | 167 Keys
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PKF Hospitality Group and Cushman & Wakefield of California, Inc., as exclusive advisors, are pleased to present this unique opportunity following a 15-year entitlement and permitting journey: the chance to acquire a fully-entitled, shovel-ready destination resort development located just 2 miles outside of Yosemite National Park. Situated at the Gateway to one of the world’s most visited national destinations, the SilverTip Resort offers an unparalleled opportunity to deliver a best-in-class resort experience in a market defined by limited supply, high barriers to entry, and exceptional demand.
After more than 15 years of highly contested entitlements, permits, and CEQA challenges, SilverTip Resort is now fully vested, with all county approvals and state and federal resource permits secured through extensive regulatory processes. These include obtaining a grading permit, completing required timber removal under approved timber harvest and conversion permits, satisfying an encroachment permit from the California Department of Transportation (“Caltrans”), and investing nearly $2 million in mandated improvements to State Highway 41, including dedicated ingress/egress turn lanes for the development. The developer has also purchased all required environmental mitigation credits from the Army Corps of Engineers, California Department of Fish and Wildlife, and the California Regional Water Quality Control Board, and has constructed nearly $1 million in culverts, fill, and crossings to satisfy wetlands mitigation requirements. Civil engineering plans are completed, the wastewater processing plant is fully permitted, and approvals are in place to allow full design and construction documentation to commence immediately.
The SilverTip Resort is entitled for a 167-key resort on over 44 acres, including 140,000 square feet of hotel rooms and associated commercial uses—such as conference and event spaces, food and beverage, and a spa—within the main hotel footprint, plus an additional 54,000 square feet across 30 cabins distributed throughout the higher elevations of the site. Current entitlements allow for a maximum of 137 keys in the main hotel building on a defined footprint with height restrictions and elevations, while still providing maximum flexibility in room count, design, and allocation of interior front- and back-of-house programming. The exact location and design of the 30 cabins may also be modified with County approval.
Surrounded by Yosemite’s dramatic landscapes and year-round visitor demand, the SilverTip Resort is uniquely positioned to capture strong global leisure demand, command premium rates, and deliver a marquee hospitality asset. This is a rare opportunity to step directly into the design and delivery of a resort in a high-demand, supply-constrained market, with extensive environmental and transportation improvements already completed—eliminating significant development risk.
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