13125 Davos Drive, Tahoe Donner – New Listing
June 18, 2011
This Tahoe Donner gem is tucked in the trees in a peaceful neighborhood on Davos. It has been lovingly cared for and shows pride of ownership throughout. The moment you enter you will want to call this “home”! The kitchen features Maple cabinets and flooring and is open to the great room making entertaining a pleasure. Each morning you will be awed by the beautiful days as the master bedroom opens to the rear deck. The third bedroom can also be used as a functional office. You will appreciate the attention to detail that is apparent at every turn making this home in the woods one of a kind! 3 bedrooms, 2 baths and an attached 2 car garage, built by Kurt Engle
Schaffer’s Mill Formerly Known as Timlick
June 18, 2011
Thursday, June 16th the local Real Estate community was invited to a reception put on by the new owners of the property formerly known as Timlick and now re-named “Schaffer’s Mill”. The subdivision is located in the Martis Valley, just the Truckee side of Northstar, on a private road named Schaffer’s Mill Road. There it resides, alongside the two other resort communities: Lahontan and Martis Camp.
Currently there is just one completed home in the subdivision and quite a few luxury town homes. The home is privately owned and is now on the market for 2.2 million dollars. The town homes, which are elegantly appointed, are being sold by the current developer and range in price from 700k to 900k with a 10% “founders’ discount” opportunity offered. Also for sale are the first offering of developed lots which range in price from 230-330k.
I was impressed by the property. The 18 hole golf course which is currently there and open, is a Johnny Miller/John Harbottle design and according to the developer it os one of Golf Week Magazine’s “Top 100 Residential Courses for 2010.”. To the untrained, non-golfer’s eye (mine), it is one of the most beautiful I have ever seen.
We got the lowdown on the amenity package too. Right now the only amenity that has bee installed is the golf course but a lot of exciting promises were made for the near future. The plan is to have a 47′ Yacht on Lake Tahoe which will be at the disposal of the members. There will also be swimming pools, hot tubs, fitness center, restaurant, clubhouse, outdoor pavilion, tennis courts — many other facilities. You might ask, what will this cost? First of all there are 2 packages. The initiation fee for each is $1000 for now. The golf package’s dues are currently $4500 per year and when the club facilities are completed they will raise to $7800 annually. The social membership package dues which will include all amenities except golf, will be $2700 annually once the club facilities are completed. By the way, currently there are plans to have these memberships open to non-property owners.
Of course there are additional Homeowners association dues – $150 per month and if you purchase a town home an additional $350 per month.
If you would like more information on this property, be sure to contact us.
Auction Results From the Resort at Squaw Creek
May 4, 2011
Saturday April 30th Kennedy Williams successfully auctioned off the last remaining developer owned units at The Resort at Squaw Creek. The room was filled with bidders, local real estate agents, and auction staff. Estimates of about 75 to 100 people were signed up to bid on the units either in person or via online connection, online bids came from as far away as Hong Kong. Of the 15 units being auctioned only 5 had reserves to be met, they saved these for the last to be auctioned and all met their reserve. The auctioneer gave the bidders a trial run to see how it would play out allowing those in attendance to use their paddle and the online bidder to try out their bid buttons. This proved to be a good strategy in working out the pre-auction gitters and get everybody set to play.
Of the 15 units auctioned there was only a single one bedroom unit that sold for $222,000. All other two bedroom units ranged from $395,000 to $450,000. Of those 6 were on the Valley View side of the building and 9 were Forest Views. The Kennedy Williams Auction was successful in selling off the last of the developer owned units at fair market value, however no screaming deals were made as many had anticipated. Current property owners of RSC are no longer left wondering what affect the auction will have on their values. Here is how it went in order of auction:
#550/552 – $450K, #450/452 – $431K, #442/444 – $415K, #240 – $222K, #905/907 – $428K, #949/951 – $402K, #342/344 – $395K, #909/915 – $424K, #809/811 – $400K,#941/943 – $418K, #350/352 – $403K, #921/923 – $418K, #821/23 – $397K, #917/919 – $423K, #817/819 – $409K
So what is left? Today there are 17 units listed on the multiple listing service; 3 studios listed from $165,000-$250,000, 3 one bedroom units listed from $329,000-$440,000, 10 two bedroom units listed from $344,900-$645,000 and 1 three bedroom unit listed on the market for $725,000. If you have interest in seeing any of these please let us know.
12585 Legacy Court
March 23, 2011
We understand that homeownership is not for everybody, some perfer to just be pampered while on vacation so this Old Greenwood shared ownership may be just what the doctor ordered. No need for homeowner projects or maintenance, just arrive and grab the golf clubs, skis, swimsuit or whatever suits your fancy. This fully & elegantly furnished 3 bedroom, 3.5 bathroom townhome makes vacationing easy! Located on the 18th fairway and a short walk to the Pavillion for swimming, dining and more. Offered at $30,000, call for details.
12698 Hidden Circle #4
March 23, 2011
Desirable Hidden Meadows Condominium in popular Tahoe Donner makes a perfect match. No need for homeowner maintenance in this well maintained complex, just come up and enjoy amenity rich Tahoe Donner then home to snuggle by the beautiful river rock fireplace or BBQ on the deck after a day of golf, swim or tennis. Open and spacious floor plan with pine vaulted ceilings and granite tile kitchen counter tops. Room for all with 3 bedrooms (one room without closet), 2 bathrooms and 1 car garage. Offered at $329,000 Furnishing are negotiable to make this a complete turn key purchase.
