Jeff Berns - Blockchains Acquires $47.5M Incline Village SFR

The recently closed property transaction in Incline Village, Lake Tahoe, Nevada involved the sale of a single-family residence (SFR) located at 859 Lakeshore Boulevard. The property spans approximately 12,000 square feet and was sold for a total of $47,500,000, resulting in a price per square foot of $3,958. The transaction took place on May 26, 2022, and the buyer was Jeff Berns, representing Blockchains. The sellers were Dean Meiling and Madylon Meiling. The deal was facilitated by brokers Tracey Allyn Cutler from Corcoran Global Living and Clif Chase from Chase International.

Summary of transation details

• Property Type: SFR
• Transaction Amount: $47,500,000
• Square Footage: 12,000
• Price per Square Foot: $3,958
• Buyer: Jeff Berns - Blockchains
• Seller: Dean Meiling & Madylon Meiling
• Brokers: Tracey Allyn Cutler - Corcoran Global Living; Clif Chase - Chase International

The sale of 859 Lakeshore Boulevard was a significant transaction, attracting the attention of notable individuals and companies. Jeff Berns, representing Blockchains, acquired the property, demonstrating the company's interest in real estate investments. On the other side, Dean Meiling and Madylon Meiling acted as the sellers, seeking to capitalize on the property's market value. The successful conclusion of the deal was ensured by the expertise and representation of brokers Tracey Allyn Cutler from Corcoran Global Living and Clif Chase from Chase International.