Tahoe Beach Club racks up $85 million in sales during first summer
October 10, 2017
Owners are claiming sales of homes at Tahoe Beach Club have hit more than $85 million during its first summer.
Home buyers, mostly from the Bay Area, Southern California, Texas and New York, have secured 39 of 46 available "phase one" contracts at the luxury condominium homes in Stateline, according to a press release. The initial stage of the project includes two- to five-bedroom residences from 1,100-4,000 square feet, priced from $1 to $5 million, scheduled for completion in summer 2018.
"The appeal of Nevada lakefront, the state's favorable tax implications, environmentally-conscious construction, combined with the diminishing opportunity for a highly desirable and active lakefront lifestyle are paramount in buyers' rationale," Greg Traxler, vice president sales and marketing, said in a press release. "We're also seeing area residents downsizing from 5,000-6,000-square-foot homes to the more manageable options here at Tahoe Beach Club."
The next available residences of "phase two" will be released for reservations by November 2017 and under construction by spring 2018.
When completed, Tahoe Beach Club will feature 143 condominium residences and a private beach club house.
The members' lake-front building will house a restaurant, Beach Bar & Grill, a yoga and pilates pavilion, a fitness facility, business center, concierge services and a full-service spa. The 20-acre Tahoe Beach Club site is surrounded by 300 acres of private meadows with public bike paths to the north, Lake Tahoe beach on the west, and Edgewood Tahoe Golf Course just 50 yards to the south.
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Tahoe Beach Club homes will be LEED-certified.
Visit http://www.theTahoeBeachClub.com for more information.