Lakefront Sales over $10m

2012 was a banner year for Tahoe lakefronts and the highest-end properties broke through with as many sales as in the five previous years combined. In the Tahoe Sierra MLS (Rubicon to King’s Beach) there were 5 sales over this benchmark number. Four were done publicly on MLS (my company brought in one of these buyers) and one was done off MLS (again, my co. brought buyer). In Incline Village, NV on Tahoe’s northeast corner, there were high sales of $10m and $25.5m in 2012. Currently there is a property in escrow on Tahoe’s East Shore which is listed at $29m.

The last time there was a breakthrough like this was during the 90’s Gold Rush and immediately afterward the lakefront market as a whole ratcheted up. We believe the same thing is happening now.

Click Here to See the CA-side MLS sales over $10m

Click here to see the Incline Village Sales

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