Covid Fuels Luxury Lakefront Home Sales at Tahoe
Waterfront home sales at Lake Tahoe tripled this summer over what they had been the year before.
More than a quarter billion worth of lakefront property changed hands this summer, including some record-breaking estate sales on the turquoise waters of Lake Tahoe’s East Shore.
Fueled by a strong buyer penchant for clean air and open space, Tahoe/Truckee sales were up across the board, but the surge in lakefront sales offers a curious statement about the preferences of today’s wealthy buyers. If open space is the new luxury, then Lake Tahoe, the largest alpine lake in North America, represents the pinnacle of luxury living in a post-COVID landscape.
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