Why the wealthy are moving to Lake Tahoe:
, were conceptualized well before the pandemic, they’re finding that this influx of buyers is infusing life into the projects with a level of demand they haven’t seen before.
In Fall 2021, Clear Creek opened their brand-new clubhouse , spa, and fitness center. The restaurant, helmed by executive chef Shawn Benson, has a globally inspired cuisine, while the exceptionally robust wine menu by sommelier Chris Franke delights even the most discerning oenophile. One of its most unique draws is the Coore & Crenshaw-designed golf course, which was first built in 2009 and has been operating as a private course since.
At Clear Creek Tahoe, there are currently 260 of 305 homesites purchased with more development to come over the next few years. It’s not uncommon for homes to be worth up to $12 million.“We have seen an average appreciation rate of 81% on our resale homesites,” Chase says. “Today our developer estate homesites' average price is $1,052,954, which is up 112% from when we first started selling homesites in 2017.
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