I found a jewel at Lake Tahoe.  It has beautiful lake views and I’ll get to the amenities and luxuries in a moment but what makes this the spot is the privacy. It is an 11+ acre estate that is surrounded on three sides by over 1100 acres of Forest Service land.   A celeb looking for a private and secluded place to get away from all of the hullabaloo of the entertainment or sports or corporate world and needs to get there without spending 12 hours on a plane, this place is it.    The head of a Fortune 500 company would like this property too.  This place allows you to get away from it all but if you must, you still have access to the world outside.

They say location, location, location is key and this place not only has location, but it has privacy, privacy and privacy!

    

The estate is in Incline Village, Nevada, you know on the North Shore of Lake Tahoe.  The address is 456 Ponderosa.  To get to the residence, you first land your plane at Truckee Airport or Reno Airport.  Have your driver head towards Incline Village.  Then before you know it, you are in Incline and your driver has turned into the gated entry (that has a camera that is monitored from the residence) and onto an illuminated private drive.  As you ascend the drive the forest starts to surround you.  Now you begin to soak it all in.  The lake, the views, the forest and finally, the grand estate.

I mentioned I would get to the luxuries and amenities so here it goes. Over 13,000 square feet of luxurious living space is filled with 4 bedroom suites including 2 master suites, separate guest suite with a sitting area, fireplace and deck, a home theater with bar, a spa room, office area, wine room and a game room.  But that is not all, the kitchen rivals that found in most sophisticated restaurants, there are lake view decks, a 4 car garage to hold all the toys, security system and home management system.  And, best of all it is at a low elevation.

 The scale and openness of the stunning interior exudes luxury and coziness as it is softened by the warm earth tones found in the artisan finishes masterfully applied from room to room.

In the end, this estate is a must for anyone who desires extreme privacy while surrounded by complete and utter luxury.     $9,200,000. 

To schedule a private tour of this estate please contact Schwartz-Stanton Group, Dan Schwartz or Tawny Stanton, 800.520.7358  or  775.832.4626

 Click here to view a webcast  and click here to take a virtual tour.

Featured Property of the Month on the Schwartz-Stanton Group Blog is 671 Fairview Boulevard located in Incline Village on the Read the rest of this entry »

Yes, there are some good deals out there and many are thinking buying a foreclosure property is the way to go.  Whether you are savvy, experienced real estate investor or not, there are some things to keep in mind if you are going the foreclosure route and buying property.

See the property.  Just like any other major purchase, you don’t want to buy the property site unseen.

Research the neighborhood.  Here is where doing your homework is important.  Gathering as much information and data will help.  Is the area depressed?  Will you be able to recoup remodeling dollars?   These are just a sample of questions you should ask yourself.

How long has the property been empty?  The longer the property is vacant, there is the risk of a lot of maintenance items including plumbing, pests, etc.

What is the condition of the exterior and landscaping. As a foreclosure property, there is a pretty good chance the property hasn’t been maintained.   Take a look at the siding, roof, windows as well as the yards.  Trees, bushes, vines left untrimmed can cause problems.

Get an inspection.  If you’re paying cash still get an inspection if you can.  If you are getting a mortgage the lender usually requires a current inspection.

Have a realistic budget.  While the price of the property may be a “great deal”, think about repairs and/or remodel expenses.  If you are planning to rent out the property, can you carry the overhead if the property doesn’t rent quickly.  These are just a few of the budgetary items to consider.

Good luck on your real estate adventure.

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