Katrine Watson Of Chase International Represents Buyer In $27.5 Million Tahoe City Estate Sale
2020 West Lake Boulevard
$27,500,000
$2,172/SF
Building Size
12,660 SF
Asset Type
Single Family
Closing
Feb 4, 2025
AI
A Lake Tahoe estate at 2020 West Lake Boulevard has been sold for $27.5 million, marking a notable record for lakefront sales on the California side since May 2022. This single-family property spans 12,660 square feet and includes nine bedrooms along with 130 feet of lake frontage, highlighting the demand for luxury lakefront real estate in Tahoe's recovering market.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $27,500,000
- Address: 2020 West Lake Boulevard
- Market: Tahoe City
- Square Footage: 12,660
- Price Per Square Foot: $2,172
- Buyer's Representative: Katrine Watson - Chase International
- Seller's Representative: Bill Dietz - Tahoe Luxury Properties
The deal showcases the significant roles played by the representatives involved; Katrine Watson represents the buyer while Bill Dietz represents the seller, both contributing to this high-profile transaction in the luxury market.
Players
Tahoe City Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.58%
Cash-on-Cash
-0.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93