Lakefront Market
Lakefront activity was very brisk this season, although inventory is extremely low. There are only two Incline Village lakefront listings including one “off-market” new construction lakefront home- contact Lexi for additional lakefront opportunities. There are five Crystal Bay lakefront listings including 3 homes priced from $10M to a lofty $75M for Crystal Pointe estate. There were four recent lakefront sales all represented by Sierra Sotheby’s agents on one side of each transaction, including 825 Lakeshore just sold for $5.67 Million, 1155 Lakeshore Lexi’s sale for $11.6 Million, Lake Tahoe Castle at 857 Lakeshore just sold for $17.75 Million, and the Wynn Estate at 1041 Lakeshore just sold for $31.1 Million. There are two Crystal Bay Lakefront homes pending sale currently at 526 Gonowabie priced at $7.3M and 490 Gonowabie priced at $6.5M and one lakefront condo at Crystal Bay Cove.
Lexi’s Featured Lake Tahoe Sales
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Pending Sales
There are 13 sales pending sales over $2 Million currently, all but 2 of these are in the lakeside areas of Incline Village and Crystal Bay. The current market shift towards lakeside areas continues, below Tahoe Blvd. and Highway 28.
Active Listings
There are 18 active listings from $2 Million to $3 Million and 30 active listings over $3 Million currently.
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Featured Lake Tahoe, Nevada Listings
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