Early Fall Lakefront Sales Update

IN ESCROW: There are more lakefronts in escrow now than there were at the height of Summer 2011. 10 lakefront properties are under contract and the prices range from $19.95m – $2.3m. The highest list price is the West Shore estate of the late casino magnate William (Bill) Pennington at the north end of Hurricane Bay. There is one home for $3.2 in the historic neighborhood of Tahoe Pines, one on Rubicon‘s deep, sandy beach, and a 5500 square foot lakefront foreclosure in the newer development of Brockway Springs.

ACTIVE LISTINGS: Currently the lowest-priced lakefronts which are not yet in escrow are in King’s Beach with a 50% shared pier and two cottages for $2.1m (this one has been dropping from the sky in recent weeks); and a Meeks Bay lakefront with private pier, 4 beds and baths with gorgeous views to East and South Lake Tahoe. The highest prices are equal or close to the Pennington estate – one Sunnyside masterpiece for $17m; the neighboring parcel with a home designed by Julia Morgan, $17.9m;  the 7+ acre Schilling Estate on Rubicon’s Gold Coast, $19.95m. For more info on these or anything else in the lakefront market get in touch with Alex for the latest.

Click Here to View Interesting Active Lakefront Listings

2012 Tahoe Lakefront Sales PDF YTD

2011 Tahoe Lakefront Sales PDF

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