Hope Valley is a broad montane valley in Alpine County, California, located on the eastern slope of the Sierra Nevada to the northeast of Carson Pass and south of Lake Tahoe. The valley served as a major thoroughfare for the passage of settlers and emigrants to and from California during the Gold Rush era. Sitting at an elevation of just above and framed by peaks reaching over high, Hope Valley is known for its wide vistas, fly fishing, fall colors, and winter activities.