Here’s a quick update on lakefront sales so far this year. January saw three sales including one split lakefront with a nice pier in Tahoe Vista for $1m even. Two adjacent listings – a lot and a single family home, both with acreage, sold simultaneously as the neighbors each bought one (the lot was reported on MLS, the home was not). In February the Flick Point Estate sold for $8.6m and I’ve noticed that the trees along the driveway have the required 2×4 protection when building or major remodeling is going on. March had 3 lakefront sales including a King’s Beach lakefront foreclosure / REO selling for a record breaking $900k (no pier, strange modern architecture). A Dollar Point lakefront dropped price to just below market value and received 5 offers in 5 days. Then a very nice Carnelian Bay home with very interesting waterfront amenities (railroad-type, remote control boat launch system) sold for $5.6m. There are 2 lakefronts in escrow right now.
More Links:
Click Here to View 2012 Lakefront MLS home sales (not incl. 2 in Rubicon)
Rubicon: View the lakefront Lot which Sold in January
Rubicon: View the adjacent Single Family Home which sold
View Tahoe Lakefront Sales Maps
Click here to download the first few pages of my Integrated Sales Strategy and please call or email to see the rest.