Hollywood’s Ski Getaways: Luxe Real Estate in Peak Markets Aspen and Tahoe

January 9, 2014

Don Henley’s former estate is part of a $27.5 million spread in Colorado, while Larry Ellison’s massive compound takes shape in Nevada and California — with nary a bear rug in site.

December 19, 2013 by Alexandria Abramian

Article at HollywoodReporter.comModern design is going straight to the top of some of the country’s hottest ski resort towns, where right-angled contemporary homes — with plenty of out-there amenities — are keeping company with traditional-style cabins.

Straddling California and Nevada, the mountaintop getaway of Lake Tahoe has seen some of the most significant rises in real estate values compared with other ski towns. For design lovers, Martis Camp, located on the California side, has become a magnet for top Los Angeles architects and designers. L.A. architecture firm Marmol Radziner (whose clients include Tom Ford) has just completed its second commission in the 2,177-acre private community, while interior designer Jamie Bush (Nina Jacobson, Rich Ross) is finishing up an 8,000-square-foot contemporary for former Facebook vp and current venture capitalist Chamath Palihapitiya. “This is where the serious money are building homes,” says Bush.

But the even bigger money is moving in on the Nevada side of Tahoe, says real estate agent Kerry Donovan of Chase International. Case in point: Larry Ellison’s massive in-construction compound. “This year, we’ve seen almost $200 million in sales on the Nevada side, mostly in Incline Village and Crystal Bay,” Donovan says. “Much of that has to do with Proposition 30 in California, which has raised income taxes. That’s not the case here, and that has got the market moving.”

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