$5,990,000
SOLD SEP 3, 2024

969 Lakeview Ave South Lake Tahoe, CA 96150

5 Beds
5.5 Baths
4,404 Sq Ft
$0/mo HOA Fee

Recently Sold

$1,360 Per Sq Ft

11% Below List Price

48 Days on Market

Highlights

  • Lake Front
  • Pier or Dock
  • Home Theater
  • Docks
  • Heated Driveway
  • Spa

About This Home

As of September 2024

969 Lakeview Ave --https://bit.ly/4elOhWM. Representing the essence of luxury lakefront living, this property blends opulence with enduring style and breathtaking natural beauty. Positioned on a -acre parcel and enjoying 120' of Lake Tahoe shoreline, these residences also include a 170' private pier with boat lift and 4 buoy moorings. Masterfully crafted to exceed the highest standards, this development was completed in 2020 and is comprised of 2 townhomes, which are offered separately or combined for an estate-like experience. Gated entries provide access to heated, cobblestone driveways and oversized 3-car garages with epoxy floors, custom dog washes, commercial ice makers and endless storage. Embodying a classic mountain style, the exterior is adorned in rustic cedar siding, natural stone, iron banisters and architectural accents. Downstairs living consists of 10' ceilings and walls of wood clad windows that perfectly frame the adjacent lake and provide quick access to the lushly landscaped and fully fenced backyard. Open-concept living is tied together by an abundance of wide-plank oak flooring that tastefully contrast with a rich walnut finish on exposed beams, custom Alder cabinetry and mill works. Main living areas showcase 54'' fireplaces, enveloped in stone that open to a lavish kitchen with Thermador professional appliances, a large central island and quartzite counters with waterfall edge. The lower level offers a 92-bottle, dual temp wine refer and wet bar adjacent to informal dining, while the upper floor features a more robust bar that opens to billiards and a gaming area. Also on the 2nd level, a generous family room with 1 of 4 gas fireplaces found in each home, doubling as a secluded theater with Juliette balcony. Exquisite suites are all expansive in size and designer decorated, with the majority offering lake views and access to spacious composite decks. Baths all offer a wealth of luxury appointments from heated tile floors to free-standing soaking tubs, custom wainscoting, modish fixtures, and mostly walk-in closets. Lower-level decks are under cover and provide hard-lined natural gas space heaters and BBQ's. Each property comes fully furnished down to the linens, features A/C, whole home generator, Lutron lighting systems, blinds and curtains with some hard-wired for remote control use. This price is for 1 unit only! To buy the entire property and both townhomes is $12,980,000.

Last Agent to Sell the Property

Mark Salmon

Compass License #01485376 Listed on: 06/06/2024

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,429

Year Built

  • Built in 2020

Lot Details

  • Lake Front
  • Fenced
  • Landscaped
  • Sprinkler System

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Heated Driveway
  • RV Access or Parking

Property Views

  • Lake
  • Mountain
  • Forest

Home Design

  • Wood Frame Construction
  • Pitched Roof
  • Composition Roof
  • Asphalt Roof
  • Wood Siding
  • Stone Exterior Construction

Interior Spaces

  • 4,404 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Furnished
  • Vaulted Ceiling
  • Self Contained Fireplace Unit Or Insert
  • Double Pane Windows
  • Low Emissivity Windows
  • Wood Frame Window
  • Mud Room
  • Entrance Foyer
  • Great Room
  • Family Room
  • Combination Dining and Living Room
  • Home Theater
  • Home Office
  • Game Room
  • Crawl Space
  • Home Security System
  • Laundry Room

Kitchen

  • Oven
  • Gas Range
  • Built-In Microwave
  • Built-In Refrigerator
  • Dishwasher
  • Quartz Countertops
  • Prep Sink
  • Disposal

Flooring

  • Wood
  • Carpet
  • Radiant Floor
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Maid or Guest Quarters
  • Dual Sinks
  • Shower Only
  • Steam Shower

Outdoor Features

  • Spa
  • Docks
  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Underground Utilities
  • Natural Gas Water Heater
  • Water Heated On Demand
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 026310001000

Community Details

Overview

  • Association fees include on site maintenance
  • Al T Lakeview Condos Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Pier or Dock
  • Community Spa

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,429

Year Built

Built in 2020

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Subtype: Townhouse
  • Location: Lake Front
  • Additional Features: Garage Door Opener, Security System, Hot Tub, Furnished Per Invtry, Wet Bar, Vaulted Ceilings, Open Beam, Walk In Closet
  • AV Comments: Exterior audio/video
  • AV Surveillance: Yes
  • Countertops: Quartz, Slab
  • Master Bdrm Features: Primary Bath, Double Sinks, Stall Shower, Slab Counters, Steam Shower, Walk-In Closet
  • Property Disclaimer: Information has not been verified, is not guaranteed, and is subject to change.
  • Stories: 2
  • T R P A Land Cap Study: Yes
  • Year Built: 2020
  • Directions: Lake Tahoe Blvd to Lakeview and nearly directly across from Riverside Ave.
  • OFFICELIST_STATE: CA
  • FILLSUBDIVISION: Al T Lakeview Condos
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Floor Covering: Carpet, Tile, Wood
  • Windows: Double Pane, Metal Frame, Wood Frame
  • Master Bedroom: Yes
  • Bedrooms: 5
  • Bathrooms: 6.00
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Kitchen: Garbage Disposal, Refrigerator Blt-in, Microwave Built-in, Dishwasher Built-in, Gas Range, Single Oven, Veggie Sink
  • Additional Rooms: Office/Den, Living Room, Living/Dining Combo, Game Room, Home Theater Room, Entry/Foyer, Mud Room, Family Room, Great Room, Guest Quarters
  • Fireplace Description: Insert - Gas
  • Laundry Location: Laundry Room
  • Price Per Square Foot: 1360.13
  • Square Footage: 4404.00

Exterior Features

  • Construction: Wood Frame, Wood Siding, Rock
  • Exterior: RV Access/Parking, Spa/Hot Tub, Heated Driveway, Bear-Proof Trash Can, Boat Dock
  • Fenced: Yes
  • Foundation: Concrete/Crawl Space
  • Landscaped: Fully Landscaped
  • Patio Deck: Deck, Covered, Uncovered, Front Porch
  • Roof: Pitched, Asphalt, Composition
  • Views: Mountains, Lake, Forest

Garage/Parking

  • Garage Type: Attached
  • Garage: 3.00

Utilities

  • Sprinklers: Full Sprinklers
  • Heating/Cooling: Forced Air, Natural Gas, Fireplace, Radiant Heat-Floor, Central Refrig. A/C
  • Utilities: ElectricityAvailable, NaturalGasAvailable, City Water, City Sewer, Cable TV, Telephone, High Speed Internet, Underground Utility, Water Meter
  • Water Heater: Natural Gas

Condo/Co-op/Association

  • HOA Fees: 1.00
  • Hoa Amenities: Spa, Pier
  • Hoa Fee Frequency: Annually
  • H O A Includes: On Site Maintenance

Lot Info

  • Acres: 0.2600
  • Lot Measurement: Square Feet
  • Lot Sq Ft: 11326.00
  • Price Per Acre: 23038461.54

Green Features

  • Green Features: Composite Deck Matrl, High Efficiency Furn, Low E Windows, Radiant Heat, On Demand H2O Heater

Tax Info

  • Assessor Parcel Number: 026310001000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2024
Closed on
Sep 4, 2024
Sold by
Dejong Bruce P
Bought by
Bruce And Laura Dejong Trust and Dejong
Seller's Agent
Mark Salmon
Compass
List Price
$6,750,000
Sold Price
$5,990,000
Premium/Discount to List
-$760,000
-11.26%
Views
37
Current Estimated Value
$6,875,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$885,000
Avg. Annual Appreciation
-27.60%
Original Mortgage
$4,000,000
Outstanding Balance
$3,975,387
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$375,264

Purchase Details

Listed on
Jun 6, 2024
Closed on
Aug 26, 2024
Sold by
Mgj Development Corporation
Bought by
Dejong Bruce P
Seller's Agent
Mark Salmon
Compass
List Price
$6,750,000
Sold Price
$5,990,000
Premium/Discount to List
-$760,000
-11.26%
Views
37

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Outstanding Balance
$3,975,387
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$375,264
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed -- Old Republic Title
Grant Deed $5,990,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $4,000,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2024 09/03/24 Sold $5,990,000 -11.3% $1,360 / Sq Ft
07/24/2024 07/24/24 Pending -- -- --
06/06/2024 06/06/24 For Sale $6,750,000 +34.3% $1,533 / Sq Ft
08/14/2020 08/14/20 Sold $5,025,000 -5.1% $1,104 / Sq Ft
07/21/2020 07/21/20 Pending -- -- --
05/13/2020 05/13/20 For Sale $5,295,000 +103.7% $1,163 / Sq Ft
05/02/2018 05/02/18 Sold $2,600,000 0.0% $181 / Sq Ft
05/02/2018 05/02/18 Sold $2,600,000 -11.9% $181 / Sq Ft
04/12/2018 04/12/18 Pending -- -- --
04/02/2018 04/02/18 Price Changed $2,950,000 0.0% $205 / Sq Ft
04/02/2018 04/02/18 For Sale $2,950,000 -25.3% $205 / Sq Ft
12/30/2016 12/30/16 For Sale $3,950,000 -- $274 / Sq Ft
Source: South Tahoe Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,429 $125,000 $125,000 --
2024 $1,429 $132,651 $132,651 --
2023 $1,403 $130,050 $130,050 $0
2022 $1,389 $127,500 $127,500 $0
2021 $1,344 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Tahoe Association of REALTORS®

MLS Number: 140271

South Tahoe Association of REALTORS®

APN: 026-310-003-000