144 Chipmunk Street, Unit 3, Kings Beach, California
3 BR | 3 BA | 1688 SF
Sale Price $2,175,000.00
Working with a buyer to find and purchase a property is an honor in itself, but when that same buyer enlists your expertise to sell that same property, it is the highest form of a compliment you can receive in this business. It means you have earned their trust, and that is something we don’t take lightly.
This fully remodeled 3-bedroom, 3-bath condo is located in the charming Brockway Shores lakefront complex with only 33 units. Open concept design with two ensuite bedrooms and two sunny decks. The spacious primary bedroom opens to a private deck with direct access to Lake Tahoe. Amenities include a private beach, pier, and HOA buoys. Congratulations to the new owners who will no doubt enjoy this spectacular unit and breathtaking lake-views!
For information on North Shore properties, contact Amie Quirarte.
‘Tis the season! There are not enough words to express my gratitude for the community I live in. The longer I am here, the deeper and stronger my relationships and connections become. In appreciation for all the community support I’ve received for my real estate business over the years, I am hosting a FREE event at Tahoe Backyard in Kings Beach.
Good vibrations, dancing and delicious food will be served by Man Wielding Fire at only 50 percent. It is my pleasure to sponsor the other 50 percent along with live music by Sneaky Creatures. Spread the word and bring a friend along with you. Costumes are encouraged.
Located in the center of town, this industrial building in Incline Village checked off all the marks for the new owners who wanted to find commercial space. Lake Tahoe, generally speaking, commands high prices for real estate because there simply just isn’t any more space for new homes or buildings. Because of this and the complicated intricacies of the TRPA, commercial or warehouse space is even harder to find. With much delight, the buyers knew they found the right property and sealed the deal. Congratulations!
For more information on Incline Village real estate, contact Amie Quirarte.
This beautiful two-bedroom condo has breathtaking views of the Olympic Valley area, Resort Chair, and mountain run. The one-bedroom fireplace suite offers a master bedroom with a king bed, a bathroom with a separate shower and tub, an owner’s locked cabinet with ample storage space, a kitchenette, and living and dining spaces. The second unit has two queen beds (ideal for rental opportunities for families) with a refrigerator and a bathroom with a tub and shower combo. You can lock off one bedroom/bath separately from the fireplace suite, offering a great balance between owner usage and rental opportunities.
The second-floor location has many benefits, including direct, ski-in/ski-out access — from the ski lockers conveniently located down the hall which then leads right outside to the chair lift. Après-ski hosted happy hours occur in the “Owner’s Lounge” located in the ski locker area. The second floor is also located on the same level as the loading/unloading area and free electric vehicle charging stations. Move right into your condo without having to go up and down the elevator! A laundry room and ice machine are located right across the hall. The Everline facility boasts many dining options, shopping, and recreational options year-round. Because of its concierge-style luxury resort experience and ample facilities, it’s also a wedding and conference destination. You will enjoy generating income when you are not enjoying your condo.
Located just a few blocks from Lake Tahoe Park, the private HOA beach and recreation area, this home is your idyllic West Shore retreat. The attached living space/kitchenette/bathroom has a separate entrance, and can be closed off from the main home. This extensively remodeled home has four bedrooms, four bathrooms, a separate living area, and ample space for you and all of your visitors. The fully fenced backyard and large deck allow maximum optimization for your outdoor time, no matter what the season.
Beyond the A-symmetrical front gate lies 160 Cherry Street. Situated on 2.38 acres and backing to Forest Service land, this property encapsulates privacy and seclusion without compromising your proximity to the lake.
Completed in 2020, this home features endless unique components, such as a hanging staircase made out of forged steel, and the use of reclaimed wood from the original Tahoe Tavern Pier that was reworked for multiple pieces throughout this spectacular home. The 20-foot stone, floor-to-ceiling, double-sided fireplace centered in the great room is the heart for family gatherings and celebrations.
PRICE REDUCTION
160 Cherry Street, Homewood, California
6 BR | 5.5 BA | 5670 SF
Listing Price $9,800,000
The main home has five bedrooms, four and a half bathrooms, and a 1,400-square-foot deck with a covered patio and wood-burning fireplace. The guest house is a fully detached one-bedroom, one-bathroom unit with four additional built-in bunk beds to accommodate both friends and family.
Nestled between the guest and main homes is an outdoor patio with a gas fireplace and a 30′ outdoor water feature. There are two separate garages that can comfortably house five cars and a boat. The radiant heat, air conditioning units, air purifying system, elevator, and heated stairs and driveway are the finishing touches to ensure life at Cherry Street is as effortless as it gets.
As a member of Tahoe Swiss Village’s homeowner’s association, you can enjoy the use of two buoys, two piers, and a private beach located just across the street. This custom home was initially envisioned as a mountain lodge with an industrial feel, and the dedicated group of minds behind it brought this vision to life. It was designed, engineered, and built by local teams who have a deep affinity for this area and worked together to seamlessly integrate the intimate characteristics of the home with the nature that surrounds it.
Breathtaking lake-views from this fully remodeled 3-bedroom, 3-bath condo located in the charming Brockway Shores lakefront complex with only 33 units. Open concept design with two ensuite bedrooms and two sunny decks. The spacious primary bedroom opens to a private deck with direct access to Lake Tahoe. Amenities include a private beach, pier, and HOA buoys. Enjoy relaxing on the beach or playing horseshoes on the lawn. Downtown Kings Beach is just a short walk from this spectacular unit.
JUST LISTED
144 Chipmunk Street, Unit 3, Kings Beach, California
Located in Millcreek on a private parcel surrounded by matures pines, this fully renovated custom home is steps from Lakeshore Boulevard and a short stroll to the private beaches and amazing amenities. The new homeowners will enjoy full IVGID privileges and Nevada’s tax friendly residency. Nevada is one of only nine states that has no state income tax.
For more information on Incline Village real estate, contact Amie Quirarte.
Situated on 2.38 acres and backing to Forest Service land, this property encapsulates privacy and seclusion without compromising your proximity to the lake. As a member of Tahoe Swiss Village’s homeowner’s association, you can enjoy the use of two buoys, two piers, and a private beach located just across the street. This custom home was initially envisioned as a mountain lodge with an industrial feel, and the dedicated group of minds behind it brought this vision to life. It was designed, engineered, and built by local teams who have a deep affinity for this area and worked together to seamlessly integrate the intimate characteristics of the home with the nature that surrounds it. The methodical detail put into every decision is evident from the moment you walk in the 10-foot front door.
Completed in 2020, this home features endless unique components, such as a hanging staircase made out of forged steel, the use of reclaimed wood from the original Tahoe Tavern pier that was used for multiple pieces throughout the home, a custom A-symmetrical front gate, a 20-foot stone, floor-to-ceiling, double-sided fireplace centered in the great room, and much more. The main home has five bedrooms, four and a half bathrooms, and a 1,400-square-foot deck with a covered patio and wood-burning fireplace. The guest house is a fully detached one-bedroom, one-bathroom unit with four additional built-in bunk beds to accommodate both friends and family.
Nestled between the guest and main homes is an outdoor patio with a gas fireplace and a 30′ outdoor water feature. There are two separate garages that can comfortably house five cars and a boat. The radiant heat, air conditioning units, air purifying system, elevator, and heated stairs and driveway are the finishing touches to ensure life at Cherry Street is as effortless as it gets.
This past week the Federal Reserve raised rates for the 10th time in a little over a year. Let’s discuss what happened as we await yet another Fed rate hike next Wednesday.
As we expected, the Federal Reserve raised the Fed Funds Rate to a range of 5.00% – 5.25%. Remember, this interest rate affects short-term loans like credit cards, autos, and home equity lines of credit.
The big question is whether this will be the last hike. When the Fed statement was released, the markets believed the Fed was signaling a pause by omitting the following line from the previous statement: “The Committee anticipates that some additional policy firming may be appropriate.”
However, shortly after the statement was released, Fed Chair Powell hosted a press conference and right at the top said the Fed Members have not discussed a “pause” in rates. Bottom line? Expect more uncertainty and volatility as it relates to rates.
Sound And Resilient
This is the term Fed Chair Powell used to describe the banking sector. Unfortunately, we are seeing more banks have issues. This week it was First Republic taken over by JP Morgan Chase and as of this writing PacWest was said to be “exploring strategic options.” The fear of banking contagion has elevated uncertainty in the financial markets. It’s not clear if and how many more banks will continue to have issues. Bottom line? The fear of this story has created a “safe haven” to trade into bonds where prices move higher, and rates move lower.
European Central Bank Hikes By Less
The European Central Bank (ECB) hiked their benchmark rate by .25%, the smallest since the start of their hiking cycle. Like our Fed, they too signaled they would be “data-dependent” going forward, leading markets to speculate a pause on future rate hikes.
Bottom line: The Federal Reserve is sending mixed messages on the future direction of rates. Meanwhile, long-term rates, which the Fed doesn’t control, are near their best levels in months and sense all the uncertainty in our economy will prompt the Fed to pause and potentially cut rates later this year. The incoming data and issues in the banking system will determine what happens next.
Looking Ahead
Expect market volatility to continue next week. The Consumer Price Index (inflation) will be reported. If this number comes in higher than expected, rates could rise. The opposite is true. Despite this being a backward-looking number, we will have Fed officials continue to speak and comment on the release and how they feel it impacts future Fed policy and interest rate decisions.
