$6.5 Million Mountain Retreat Is Rare Inventory For Booming South Lake Tahoe Town

With proximity to Lake Tahoe, world-class ski resorts and scenic parks, Truckee residents have lengthy predicted that their sleepy, little city would proceed to develop—what they did not foresee was simply how briskly that change would come about.

Whereas official figures will not be launched till the autumn, various reports have estimated anyplace from a 10-15% improve in inhabitants, together with a San Francisco Chronicle study, which discovered a 1,082% improve in households transferring from San Francisco in 2020.

“We anticipated to see development in Truckee however perhaps over the course of 10-12 years,” says Katie Tyler of Tahoe Mountain Realty. “All of it occurred inside two years.”

The as soon as railroad group additionally discovered itself positioned at primary on Zillow’s most popular places of 2021, which based mostly their choice on “Zillow page-view site visitors, accessible housing stock, value appreciation and different housing barometers that point out shopper demand.”

Tyler says that the acute inflow of recent residents and excessive development prices have prompted new growth within the already low-inventory space to develop into costlier than ever. Consequently, accomplished properties are sometimes a extra viable possibility. “In our micro-market, development prices undergo the roof, together with labor shortages and provide chain points. So, if patrons need a dwelling anytime within the foreseeable future with a good design and assemble and a fascinating location, they should begin one thing that is already accomplished.”

Surveying Tahoe-Truckee’s present stock, new and few choices accessible embrace a 5,100-square-foot dwelling in Lahontan, one of many space’s most fascinating golf resort communities. Tyler and fellow Tahoe Mountain agent Tal Fletcher are representing the property at 12223 Pete Alvertson Drive, which is being offered for $6.5 million.

Tucked away among the many bushes on one of many group’s greatest tons, the six-bedroom dwelling was in-built 2002. Wooden and stone components corresponding to shingle siding, tree-trunk columns and rock facades make for a standard, luxurious cabin exterior.

Tastefully up to date and enhanced, inside areas function extra up to date touches, together with modern counters and cabinetry in an open-concept kitchen, a glass-fronted wine cellar and a spa rest room with a contemporary freestanding soaking tub.

Stylings extra related to extra basic mountain abodes can be discovered all through the residence, corresponding to excessive, wood-paneled ceilings, log accents and stone fireplaces.

Designed with an expansive, sectioned format, the house permits for large households to co-exist with out stepping on one another’s toes, says Fletcher. “You possibly can match three generations on this home and nonetheless really feel like you’ve got your individual area. Grandma and grandpa may be enjoyable within the major whereas the children are having enjoyable on the opposite facet of the home.”

Different highlights embrace a personal upstairs workplace, sizable laundry/mud room and a powerful, spacious nice room.

The property is situated simply off of the seventh fairway of the Lahontan Golf Course, with sweeping views of the encircling mountains. A spa, outside eating space and hearth pit make up the plot’s outside choices.

“It is a timeless mountain retreat,” says Tyler, “and when complemented with the updates, you’ve got a clear, brilliant end that can enchantment to right now’s patrons.”

Tahoe Mountain Realty is an unique member of Forbes Global Properties, a shopper market and membership community of elite brokerages promoting the world’s most luxurious properties.