We have seen two lakefront sales in the $8M range within the first week of 2015, signifying a strong start to the new year.
On January 5, two adjacent Carnelian Bay properties were sold to one buyer in an $8.05M transaction, offering a total of 175 feet of lake frontage, 4 buoys, 4 homes on the properties total and two gargages. These properties were on the market for only nine days, representing a strong demand for lake frontage.
On January 7, 1340 West Lake Boulevard in Tahoe City closed for $7,750,000. This is a 6 bedroom & 6.5 bath home on 1.7 acres with 160 feet of lake frontage. The property has a deepwater pier with two boathouses that can host four boats.
