Crystal Bay/Lake Tahoe, NV New Gold Mine For Real Estate Investors

Crystal Bay/Lake Tahoe, NV New Gold Mine For Real Estate Investors

| By Author | January 17, 2020 3:20 PM ET

Nobu Hospitality Group to Manage Famed Cal Neva Resort. Fuels Interest in Uber-High-End Dollar Home Market

(CRYSTAL BAY, Nev.), January 16, 2020 --- The recent news that Oracle billionaire Larry Ellison, owner of the famed Cal Neva Resort in Crystal Bay, NV, selected the prestigious Nobu Hospitality Group to bring the casino hotel resort back to life has fueled the continuing interest from high-end investors to head to Lake Tahoe and the north shore's Nevada side in particular.

The Nobu Hospitality Group is known throughout the world for its five-star positioning in the hospitality industry, a brand they will instill as they commence to remodel the "Lady of the Lake.â€
"This news, paired with Ellison's purchase of the casino resort in 2018, and Facebook CEO Mark Zuckerberg 59 million investment in two lakefront estates in 2019, certainly solidifies the fact that this region has tremendous value that comes with an unprecedented lifestyle and all the Nevada tax advantages," said Kerry Donovan, vice president of luxury with Chase International real estate firm in Incline Village, NV.

While the resort hotel's construction project takes on a new life, two brand new multi-million-dollar lakefront estates are close to completion.

Touted as "Tahoe's next generation of luxury lakefront properties," they are located 150 yards from North Lake Tahoe's California/Nevada state line, 20 minutes from the Truckee/Tahoe airport, and are the only brand-new single-family lakefront estates available on the market today.

20 Crystal Drive offers 7,850' of living space, sits on 1.2 acres, has 110' of lake frontage as is priced at 24-million dollars. Next door at 24 Crystal Drive, the 22-million dollar listing offers 6,500 sf of living space, on 1.1 acres, with 150 feet of private lake frontage.

Both properties share a technologically advanced glass-encased tram that operates from the estates to the property's private lakefront and brand-new deep-water pier that extends 140 feet over the Bay's cobalt blue cove.

Presidio Vista Properties is the developer of record who creates masterpiece properties from Aspen to Lake Tahoe. They are working in partnership with Ro | Rockett Design of San Francisco and Los Angeles and Ryan Group Architects of Truckee. Both estates are built by the well-respected Crestwood Designs of Truckee, CA.

Staging the homes is Meredith Baer who is internationally respected as the "premier home staging company in the nation," said Donovan.

Chase International/Lake Tahoe - Nevada Lakefront Luxury Estates for Sale

For more information visit:

The Donovan Group
Chase International
917 Tahoe Boulevard
Incline Village, NV 89451
775 750 2190 - 24 Million - 22 Million - 75 Million

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