McKinney Lodge, a newly built property with 225 feet of lake frontage on Lake Tahoe in Homewood, California, has sold for $31 million, making it one of the most expensive homes in the exclusive area.
The sale, which closed earlier this week, included furnishings, linens, flatwares and other home items, according to listing agent Bill Dietz, president of Tahoe Luxury Properties.
“It’s a truly 100% turnkey property, even a boat was lumped in the whole deal,” he said.
The boat is a 2005 27.5-foot Cobalt open bow with a tower and Bimini top.
Mr. Dietz listed the property, developed by Wallco Development, for $32 million last July. While the Covid-19 pandemic had prevented some potential buyers from touring the estate, the market “has also accelerated in ways we have not seen for years, with significant run-up in home valuations, buyers’ interest and transaction volumes,” Mr. Dietz said.
The home attracted multiple offers and the all-cash buyer is from the U.S., according to Mr. Dietz, who declined to discuss further.
The transaction has yet to appear on online property records.
The main residence has 8,106 square feet of living space, including two primary bedroom suites, two bedrooms with en-suite bathrooms and three half baths, according to Mr. Dietz.
The home has panoramic views from nearly every room. Sliding panel doors open to outdoor amenities, which include a deep-water pier, two buoys, a cabana with an outdoor kitchen, a slate patio with an oversized hot tub, two gas fire pits, a 1960s-era treehouse and a three-car garage with hydronic heat, according to the listing.
“It’s a classic Lake Tahoe masterpiece with luxury modern amenities. It has a very classic lodge feel that rings mountains, lake and vacation,” Mr. Dietz said.
The sale marks the highest price for the California side of Lake Tahoe so far this year, according to Mr. Dietz and the Multiple Listing Service, narrowly eluding the record set by a home in Crystal Bay, Nevada, which sold for $31.5 million in January.
Article Source: Mansion Global