Chase Luxury Real Estate Market Report – Winter/Spring 2017

February 10, 2017

View the Chase Luxury Real Estate Market Report for Winter / Spring 2016. The report summarizes luxury real estate sales and trends for the 2015 year.

An excerpt from the report:

“LAKE TAHOE

As 2016 is in the books, we have the opportunity to reflect on our year end numbers. The luxury market has seen an increase in dollar volume sold with the East Shore on top with a 52% increase. The units sold are also up on the East Shore at a positive 26%, Incline is up 20%, South Lake Tahoe up 27% and the West/North Shore, CA is down 5%. The median price ended the year with an impressive gain of 12% around the Lake. Once again, Chase leads the way with the highest priced luxury sale in 2016 of $25.25 million in Incline Village. On the West Shore, the top three lakefront sales were $17.5 million, $15.774 million and $11 million. In South Lake Tahoe, Chase knocks it out of the park with a $8.5 million sale, and on the East Shore another lakefront for $6.5 million.”

Click here to view and download the full report.

 

 

 

Chase Luxury Real Estate Market Report – Winter/Spring 2016

March 14, 2016

View the Chase Luxury Real Estate Market Report for Winter / Spring 2016. The report summarizes luxury real estate sales and trends for the 2015 year.

An excerpt from the report:

Chase Luxury Real Estate Market Report - Winter/Spring 2016“With a beautiful winter season and an outstanding growth forecast, the luxury market is set for a rebound. Starting the year out right in January, Chase sold a lakefront estate for $25,500,000. In comparison, the 2015 luxury home market decreased in volume in almost all areas. The units sold were down or flat compared to the prior year, but the median price was up all around the Lake. Low inventory at the upper end is a reflection of more economic stability, which lessens the need to sell vacation homes. Even though the number of unit sales dropped, overall appreciation was up.”

Click here to view and download the full report.

 

 

Lake Tahoe News Line 2015 Chase International Estates Tour

June 29, 2015

Check out these images and video from this year’s Lake Tahoe News Line 2015 Chase International Estates Tour.


Tahoe Reno Industrial Center developer buys Reno’s Pennington mansion

May 24, 2015

Jason Hidalgo, Reno Gazette Journal 10:33 a.m. PDT May 20, 2015

Residents of Reno’s Manzanita Lane, meet your new neighbor.

Real estate magnate Don Roger Norman closed on Reno’s Pennington mansion Friday afternoon, officially gaining ownership of the 19,500-square-foot property.

The San Diego-based industrial and commercial real estate developer was represented by Chase International as well as Lance Gilman, his partner in the development of the Tahoe Reno Industrial Center.

“A couple months ago I mentioned to Lance that I was considering moving to Nevada, as we have considerable investments here, and I wanted to be close to TRI because of all the action out there right now,” Norman said. “Lance told me ‘I know just the right property for you.'”

The identity of the Pennington mansion’s buyer has been the subject of much speculation in the community, with Tesla Motors CEO Elon Musk thought by some to be the person looking into the property. Ultimately, the buyer proved to be someone from California — just not the entrepreneur some folks were expecting.

For Gilman, however, having Norman and wife Liza’s move to the area is a positive sign of things to come.

“The Truckee Meadows is no longer home to just struggling gambling towns,” Gilman said. “High level executives and highly skilled, cutting-edge factory and data storage managers are coming in every day now looking for a home.”

(Article Continued…)

Read the rest of this article on Reno Gazette Journal RGJ.com

What to Do in Lake Tahoe (NYTimes.com)

March 2, 2015

Straddling Nevada and California, Lake Tahoe is a winter playground for skiers and snowboarders, food enthusiasts and anyone willing to be pulled into the area’s adventurous orbit.

By FINN-OLAF JONES on Publish Date February 25, 2015. Photo by Oresti Tsonopoulos for The New York Times.

Straddling the Nevada-California border, Lake Tahoe’s immense cobalt blue oval — unfrozen thanks to the lake’s depth — stands out against the snow-covered mountains like a colossal eye staring into heaven. This May, Tahoe’s wilderness will be even more accessible with JetBlue beginning daily direct flights between J.F.K. and Reno-Tahoe International Airport. The lake’s vastness can be absorbed only by being there — or better yet, skiing the dozen resorts surrounding it, their trails like frozen white waterfalls cutting through the fir-lined mountains. Lake Tahoe has two distinctive areas: the north side, where cowboy-chic cabins and semi-isolated shops and cafes overlook a quiet shoreline; and South Tahoe, which glitters with casinos, clubs and a slew of new upscale boutique hotels hovering above the lake. Skiing both sides in one weekend is an ambitious undertaking, but the lake’s wilderness spirit and surprising contrasts are compelling enough to pull you into its adventurous orbit.

1. History Lesson | 3 p.m.

Winter is a dramatic time to visit Donner Memorial State Park ($8 entry per vehicle) for a bracing insight into the travails of the 87 members of the Donner Party who were snowed in here during the winter of 1846-47 and resorted to cannibalism to survive. The Visitor’s Center gives a grim but inspiring overview of what Donner & Co. went though in their drive to overcome the High Sierras. It’s an especially touching and surreal experience to stand by the boulder that formed the wall of one of the party’s cabins with the nearby roar of Highway 80 drivers clearing the once-daunting Donner Pass in minutes.

2. Trampolines and Tubing | 4:30 p.m.

Beloved by the local younger set for its intimate slopes, night skiing and Camp Woodward year-round indoor training facility (trampolines! foam pits!), Boreal, perched on a scenic stretch of Donner Pass, is now celebrating its 50th year. Because of its five terrain parks, including the newly opened pirate-themed Neffland, Boreal is especially attractive to snowboarders, having hosted the United States Snowboarding Grand Prix in 2009. Boreal lights up its mile-long runs for night skiing, 3:30 to 9 p.m. Take the lift to 7,300 feet and wait for the stars to emerge above while carving through the fir trees back to the valley. You can also take the hills closer to ground on the dedicated snow-tubing park next to the parking lot (night lift ticket $29 or two-hour tubing session $34). Night skiers also have another great opportunity on Saturday when Squaw Valley, half an hour’s drive south on the Lake, illuminates its long runs with a new high contrast lighting system. (3 to 7 p.m. Lift tickets, $49)

Article continued..
Click to see a great video and interactive map at NYtimes.com

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