Tahoe Vista, Calif. (November 19, 2003) –This December, Tonopalo, an intimate community of 19 beachfront residences, will open on Tahoe’s North Shore offering new, multi-million dollar, exclusive properties that feature resort-like amenities and services. Co-ownership opportunities range in price from the low $300,000s to $875,000.
  

Construction of Tonopalo is being completed in time for owners to stay in their new vacation property over the holidays, and is set on one of North Lake Tahoe’s most coveted white sand beaches, just minutes from world-class skiing and championship golf.  

The Residences
Ranging in size from 1,647 – 3,022 square feet in three- or four-bedroom configurations, each turnkey, fully appointed residence offers views of Lake Tahoe and the surrounding Sierra Nevada Mountains. The building’s exterior features timber accented with natural stone and an overabundance of windows, while the interior carries the natural mountain atmosphere inside with a tasteful Tahoe lodge look and feel. 

Each home is appointed with more than $200,000 worth of designer furnishings, including a gourmet kitchen with granite slab countertops; WaterworksÒ bathroom fixtures; cozy duvets; Jacuzzi-style soaking tubs, heated floor and steam shower in primary master bathroom; private decks; CD players, and flat screen TVs with DVD and VCR capabilities.  Plus, Tonopalo keeps the business professional in mind with high-speed Internet access in every residence.

Amenities and Services
Amenities at Tonopalo embrace the Tahoe lifestyle with 270’ of private beach; a 300’ pier and 12 buoys; a beachfront heated pool and spa; outdoor sitting area with fire pit; private fitness center, and a members’ lounge with fireplace, bar, library and card table. 

The Innkeepers, Brad and Monique Kohler, are Tahoe connoisseurs who assist and entertain owners during their entire stay.  From grocery shopping to booking dinner reservations or setting the fire before owner arrival, they strive make a stay easy and enjoyable. In addition, the Kohlers coordinate regularly scheduled social events giving owners the chance to mix and mingle.

Shared Ownership
Each residence has seven deeded owners, each guaranteed a minimum of six weeks stay at Tonopalo per year (two weeks in summer, two weeks in winter, and one week in the fall and spring).  Owners have access to the community 365 days a year based on availability, providing year-round vacation opportunities.  And just like a full-ownership second home, a Tonopalo residence can be passed down from generation to generation for years to come.

For more information, visit www.BeachFrontTahoe.com, call 866-866-6725 or e-mail tonopalo@greatplaygrounds.com.

About Stories Places
Intrawest Corporation has inaugurated a new company called Storied Places. We are committed to the creation of small, exclusive enclaves of resort residences in the world's most desirable locations. The first three Storied Places are At Nature's Door (Whistler, BC), Tonopalo (Lake Tahoe, CA) and Sanctuary (Snowmass/Aspen, CO). These homes will appeal to travelers-adventurers who value award-winning architecture authentic to its setting, artisan-crafted interiors incorporating indigenous materials, and the facilities, amenities and services of a luxury hotel.

About Intrawest
Intrawest Corporation (IDR:NYSE; ITW:TSX) is the world’s leading developer and operator of village-centered resorts. The company owns or controls 10 mountain resorts, including Whistler Blackcomb, North America’s most popular mountain resort. Intrawest also owns Sandestin Golf and Beach Resort in Florida and has a premier vacation ownership business, Club Intrawest. The Company is developing additional resort villages at six resorts in North America and Europe.  The Company has a 45 per cent interest in Alpine Helicopters Ltd., owner of Canadian Mountain Holidays, the largest heli-skiing operation in the world. Intrawest is headquartered in Vancouver, British Columbia and is located on the World Wide Web at www.intrawest.com.
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Editor note: architectural renderings of Tonopalo are available.