Remember the luxury homes we found on our road trip to Lake Tahoe last month? Well, now Compass it out with a detailed guide to the luxury home market in Northern California and Lake Tahoe as we continue to see the impacts of COVID-19. While there was a significant dip early on, the luxury market has rebounded to pre-pandemic levels. Read the full report to learn more!
South Lake Tahoe is an affordable option for houses as well as condos for anyone thinking of leaving the Bay Area.
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This legendary property built by William F. Harrah of Harrah's Lake Tahoe Hotel & Casino has been fully remodeled with the finest in modern luxury, including a full salon, spa, and Himalayan salt cave. VIPs like Frank Sinatra and Judy Garland once spent time at the lakefront villa, which also features a private beach, pier, swimming pool, hot tubs, and home theater. The price is steep, but there’s really nothing else like it in the world!
Recently, we were in Lake Tahoe admiring the beauty of nature and imagining what it would be like to be locals, especially in this new age of remote work!
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Last week, we checked out an open house for clients in Adams Point, Oakland. Adams Point is located on the northern shore of Lake Merritt, directly adjacent to Downtown Oakland and the Grand Lake District. The neighborhood is home to a number of great walks, and there are plenty of hills to exercise your dog – if you’re a dog person. Our clients fell in love with this penthouse with spectacular views and high-quality upgrades..
We teamed up with Christine, an Oakland specialized agent, to bring this one home. We were blown away when we received 20 offers with a final selling price 150% over the listing price. Million-dollar views are what made this two-bedroom condo worth fighting over.
One important note: The market is dry in terms of housing inventory right now. It is very much a seller's market. If you're considering selling, let us help!
