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High End Property in Tahoe Shakes Free

After a few month slump, two upper crust properties just went into contract in the North Lake Tahoe area.

5526 North Lake.  Asking price was $10.5M.  1.3 acre parcel on Flick Point in Agate Bay.  Scheduled to close at the end of January. Click image for more info.

8458 Valhalla Dr in Martis Camp.  Asking price was $9.395M.   Martis Camp is the high-end DMB/Highlands Group golf course development that is tied in to the Northstar ski area.  Martis Camp has started to play in the field of upper value lakefront and is getting a lot of attention. Click image for more info.

 

I predict the upper end will continue to see strong action through the first quarter of 2012.

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