New Luxury Tahoe Condos

I'm not sure what to think about this, in a time when Tahoe badly needs more affordable housing. But never mind that for a moment.

It wasn't that many years ago when $1 million would get you a house on the shore of Lake Tahoe. 

Okay, it was a long time ago. But definitely within the range of my memory. (I've been here 31 years.)

Now a lakeshore house costs $10 - $60 million depending on whether you want an old-time, tiny cottage or a nice spread on a sizable lot.

A condo developer has gotten approval for 40 new condos in Incline Village. They aren't houses. They aren't on the lake. They don't have a lake view. The proposed building, while nice, is still just a glorified apartment building. The condos, while very nice, are still just upscale apartments, with people on the other side of the walls, perhaps above your ceiling or below your floor. 

Of course, there are lots of amenities, such as a condo association to take care of the grounds, no small thing when you live or vacation in a place with ten or twenty feet of snow.

The price? $2.5 million for a smallish unit (1,500 square feet) to $7 million for a large unit (4,000+ square feet). Modern Tahoe prices are something to behold, even if they're not like Nob Hill in The City or those in Manhattan.

They will probably sell out soon.

The place does have a nice view from the roof.

Here's the website: https://nine47tahoe.com/