CRYSTAL POINTE TAHOE
OFFERED AT: $49,500,000
WELCOME
LUXURY INSIGHTS
SIGNIFICANT SALES
CHASE SALES STATISTICS
LUXURY COLLECTION
LUXURY PARTNERSHIPS
480 GONOWABIE | OFFERED AT $26,000,000 LISTED BY DONOVAN GROUP LUXURY TEAM
Welcome to our exclusive luxury real estate magazine designed to immerse you in the captivating allure of Lake Tahoe while providing valuable insights into the current market trends.
Explore our curated selection of prestigious homes and gain valuable market intelligence that empowers you to embark on your journey to find the perfect summer retreat or year-round residence in Lake Tahoe. Discover why this iconic destination continues to be a magnet for ultra-wealthy home buyers seeking unparalleled elegance and exclusivity in one of the most picturesque settings in the world.
Imagine waking up to the serene beauty of Lake Tahoe, surrounded by the majestic Sierra Nevada mountains. Summer here is absolutely magical, offering endless days filled with outdoor adventures, lakeside relaxation, and a vibrant social atmosphere that attracts the world's elite. It's a place where nature's splendor harmonizes with luxurious living.
If you have any questions regarding our luxury real estate offerings or wish to schedule a private tour of our properties, please do not hesitate to get in touch with us. We would be more than happy to assist you in any way we can.
DIVINE MODERN | SOLD: $8,250,000 LISTED BY DONOVAN GROUP LUXURY TEAM
The luxury market in Lake Tahoe has experienced a significant surge in sales for 2024, punctuated by remarkable record-breaking transactions. Three properties sold for over $20 million, with Chase International involved in two of these highprofile deals. The standout sale was an impressive $62 million transaction in October, marking the highest price ever recorded in the Tahoe Basin for the former estate of Steve Wynn in Incline Village. Overall, there were 12 sales exceeding $10 million this year, a slight increase from last year’s total of 11. The ongoing shortage of inventory across all regions is driving average and median prices upward compared to 2024. Until inventory levels begin to rise, property values are expected to remain stable.
In comparison to last year, 391 single-family homes priced over $1 million were sold, reflecting a 9% increase from 365 sales in 2024. Incline Village led the way with a 20% increase in volume, significantly boosted by the $62 million and $47.5 million transactions. The North and West Shores reported a 26% increase in volume, while the South Shore saw a 25% rise. In contrast, the East Shore experienced a decline of 9%.
Beyond the landmark $62 million sale, Chase successfully closed on a $47.5 million sale in Incline Village and achieved a record land sale in Glenbrook, Nevada, valued at $30 million. Chase International accounted for two of the three top sales around Lake Tahoe this year.
Lakefront sales have surged notably in all areas except the East Shore, which recorded a 10% decrease with only three sales. The North and West Shores experienced an extraordinary 106% increase in volume, totaling 13 sales. South Lake Tahoe saw a staggering 246% rise in volume with three sales, while Incline Village’s volume increased by 87% with three transactions. The median price remained stable, with Incline Village showing an increase of 108%, and the South Lake Tahoe, North Shore, and West Shore regions up 4%. Conversely, the East Shore’s median price fell by 2%.
The Truckee market remained relatively stable, with a 5% decrease in volume but a 2% increase in the number of units sold and a 6% rise in the median price. Martis Camp continues to be a standout area, boasting the highest-priced home sale this year at $23.6 million, a significant jump from last year’s $13.995 million sale.
Crystal Bay, Nevada
Seller Representation
Incline Village, Nevada
Seller Representation
Seller Representation
Incline Village, Nevada
Buyer Representation
Incline Bay, Nevada
Seller & Buyer Representation
Seller Representation
Crystal Bay, Nevada
Seller Representation
Incline Village, Nevada
Seller Representation
Incline Village, Nevada
Seller Representation
Incline Village, Nevada
Seller & Buyer Representation
Incline Village, Nevada
Seller & Buyer Representation
Incline Village, Nevada
Seller Representation
Chase continues to dominate the luxury real estate market, consistently selling homes priced over $5 million, $10 million, and $20 million year after year. We take pride in achieving $9 billion in sales over the past four years, assisting more than 10,000 families and individuals in their real estate journeys.
In 2024, Chase International recorded three of the four highest sales in the Lake Tahoe, Reno, and Carson Valley regions, including the highest-priced residential sale in Carson Valley history.
With a legacy of groundbreaking success, we set remarkable records in 1996 and 1998, negotiating sales of $50 million and $30 million when the highest-priced property in New York City was only $12 million—achievements that were unprecedented at the time and held as national records for eight years.
Fueled by our luxury heritage and a strong sense of character, Chase Luxury Sales Executives excel in innovation, creativity, and negotiation, ensuring a positive and productive experience for every client.
There is only one way to be successful year after year, and that is with the support of our colleagues, our clients, the community and our team of talented REALTORS®.
$60,000,000
Thunderbird Lodge _
USA record residential sale held for 8 years 1998**
$38,500,000 Crystal Pines _
26 acres East Shore lakefront estate 2022**
$35,500,000 Crystal Bay Lakefront
Highest priced Lake Tahoe sale in 2023*
$33,000,000 The Bourne Estate
Highest price Lake Tahoe sale in 2001*
$50,000,000
Incline Village Lakefront _
Highest price Lake Tahoe sale in 2022*
$36,000,000 Lucky Bluff
Celebrity Lakefront in Rubicon Bay 2021*
$35,000,000 The Pines
13 acres East Shore lakefront estate 2020**
$32,500,000 Lakeshore Estate
Incline Village lakefront 2021*
$49,000,000
Spirit of the Lake
Highest price sale in 2021*
$35,500,000 Crystal Coast
Highest Lake Tahoe land sale in history*
$34,500,000 Crayfish Cove
Highest price Lake Tahoe sale in 2015*
$30,000,000 Glenbrook Lakefront
Highest price Glenbrook sale in history*
INFORMATION GATHERED FROM MLS AND RECORDERS OFFICE. OFFERING PRICES STATED.
*BUYER OR SELLER REPRESENTATION ** BUYER & SELLER REPRESENTATION
16,232 SQFT | 8 BEDS | 11 BATHS | 5.14 ACRES
525 FEET OF LAKEFRONT
Built with creativity, ingenuity, and love, Crystal Pointe is an epic lakefront masterpiece cradling the contour of the land on 5.14 private acres on two lakefront parcels. This iconic estate defines Lake Tahoe luxury with 525’ of lakefront on Tahoe’s cobalt blue waters, a new pier with boat and jet ski lifts, two buoys, and 16,232 total square feet of living space. The property includes a primary residence, guest house, and beach house in tax-friendly Nevada.
OFFERED AT: $49,500,000
CRYSTAL POINTE LUXURY TEAM | 775 750 2190
5,634 SQFT | 5 BED | 7 BATH
100 FEET OF LAKEFRONTAGE | NEW PIER
Award-winning Architects present a modern take on the classic lake cabin. This exceptional new lakefront residence features unparalleled design and quality, complete with a private pier. The home consists of three structures connected by a glass bridge. A stunning great room, with warm materials and floor-to-ceiling glass, anchors the design with breathtaking lake views.
OFFERED AT: $26,000,000
5,611 SQFT | 5 BED | 6 BATH
100 FEET OF LAKEFRONTAGE | NEW PIER
New lakefront construction with 100 feet of pristine shoreline on Crystal Bay, Nevada, Lake Tahoe. This contemporary 5-bedroom residence blends organic design with modern luxury. Panoramic lake views are showcased through floor-to-ceiling glass and skylights, flooding the interiors with natural light. Shared pier. Completion Spring 2025.
OFFERED AT: $29,500,000
10,969 SQFT | 6 BED | 7.5 BATH
2.4 ACRES | GUEST HOUSE
Discover this exquisite gated estate on 2.4 private acres, perched on the sunny Eastern Slope of Incline Village, Nevada. Designed with exceptional craftsmanship and modern elegance, this home is perfectly positioned to capture breathtaking lake views from every primary room. Step inside to be greeted by a grand granite fireplace, custom wrought iron fixtures, and floor-to-ceiling windows that seamlessly blend indoor and outdoor living. The main level offers a home theater, formal office, and a dining room with a wine cellar. The kitchen and great room open to beautifully landscaped grounds featuring a heated patio, outdoor kitchen, and tranquil water gardens?ideal for entertaining. Upstairs, the private primary wing boasts a spa, lap pool, gym, hot tub, and entertainment space. A spacious guest house with its own suite completes this remarkable estate, offering comfort, privacy, and luxury in a truly spectacular setting.
OFFERED AT: $14,900,000
DONOVAN GROUP LUXURY SALES TEAM | 775 750 2190
6,660 SQFT | 5 BED | 5.5 BATH | .59 ACRES
This newly completed, stunning residence overlooks the 7th Fairway of the Incline Championship Golf Course. Set on over half an acre of beautifully landscaped grounds, this private sanctuary is bordered by Forest Service Land, ensuring maximum privacy. A year-round creek flows in front of the property, enhancing its natural beauty. Designed with ourdoor space in mind, the expansive wrap-around deck invites sunlit enjoyment year-round. Inside, a Chef's kitchen and high-end finishes elevate the home throughout. A new 1,000 sq. ft. detached 4-car garage features a 936 sq. ft. recreation suite above?ideal for a home office, art/music studio, or workout space. The exquisite primary suite boasts a spa bath, double-sided fireplace, and luxurious dressing room, with direct access to the creek. The main floor includes a grand great room with a designer kitchen, 25' beamed ceilings, and two fireplaces opening to the outdoors. A second primary suite is on the main level, with a rec-hub upstairs.
OFFERED AT: $9,500,000
DONOVAN GROUP LUXURY SALES TEAM | 775 750 2190
5,048 SQFT | 5 BED | 5.5 BATH | .51 ACRES
Experience unparalleled luxury in this newly built 2023 home, nestled in the serene Eastern Slope neighborhood of tax-friendly Incline Village, Nevada. Designed to capture breathtaking panoramic views of Lake Tahoe, this 5-bedroom, 5.5-bath retreat seamlessly merges sophistication with modern comfort. The open-concept main level boasts a striking fireplace, top-tier appliances, mahogany cabinetry, and rich hardwood floors. A well-appointed butler's pantry with an espresso machine, steam oven, and crushed ice maker ensures effortless entertaining. Expansive glass doors open to a spacious deck, blending indoor and outdoor living against Tahoe's ever-changing skies. The primary suite is a private oasis with a double-sided fireplace, soaking tub, steam shower, and walk-in closets. A lower-level rec-room with a wet bar, media center, and built-in Murphy beds provides space for guests. This exquisite home is a true fusion of craftsmanship and stunning surroundings.
OFFERED AT: $9,285,000
5,803 SQFT | 4 BED | 4.5 BATH | .34 ACRES
Luxury residence on a level, tree-lined street, in close proximity to Incline amenities and adjacent to the 16th tee of the IV Championship Golf Course. The property is beautifully landscaped, and fully fenced. The home is the pinnacle of unique and modern architecture with a thoughtful floor plan. The entry opens to a grand interior foyer, fanning out to large living and dining areas. A grand, spiraling staircase to the upper level leads to 4 large bedrooms, including a primary suite, an office/flex space. All of the bedrooms are ensuite and spacious. The primary suite has a gas fireplace, private deck, double walk-in closets, and recently renovated bathroom with a soaking tub. The luxurious kitchen has double granite islands, a walk-in pantry, a dining nook, and a brand new Wolf gas range, with a custom stainless steel hood. The abundance of natural light is highlighted by exceptional design, and complemented by skylights. This home is truly one of a kind.
OFFERED AT: $6,750,000
DONOVAN GROUP LUXURY SALES TEAM | 775 750 2190
In the fast-evolving luxury real estate market, the modern high-end buyer is shaping trends in ways that emphasize a holistic approach to lifestyle, wellness, and personalization. For sellers aiming to attract this discerning audience, it’s essential to recognize the nuanced drivers behind their decisions. Key factors such as location desirability, high levels of customization, technological innovation, and a commitment to lifestyle enhancement have risen to the forefront. As high-net-worth individuals seek homes that blend comfort, privacy, and premium amenities, sellers have a unique opportunity to align with these trends to create appeal, whether in resort areas, private communities, or lakeside escapes. Understanding these preferences can be the differentiator in today’s competitive luxury landscape.
The 2025 luxury real estate landscape will be characterized by innovative technologies, tailored living environments, and wellnessdriven amenities. This trend reflects a broader desire for a holistic lifestyle where luxury embodies not just opulence, but also a commitment to well-being."
TYLER ST. PIERRE VICE PRESIDENT OF LUXURY MARKETING
Today's luxury buyers are increasingly drawn to homes that offer an oasis of privacy, ample space, and a lifestyle rich in amenities. Their top priorities include close proximity to nature, high-quality living environments, and access to exclusive services, such as golf courses and lake amenities. This shift has underscored the demand for spacious, multifunctional residences that blend elegance with practical living.
Additionally, the non-urban luxury market is witnessing a significant transformation, with affluent individuals gravitating towards suburban, rural, and resort regions such as lakeside retreats, mountain escapes, and serene countryside locales. These buyers prioritize tranquility, privacy, and stunning landscapes, seeking properties that not only exude luxury but also provide a refreshing departure from urban life. This trend underscores a collective yearning for balance and serenity in idyllic, remote settings.
While the desire for space and seclusion prevails, luxury buyers still seek proximity to upscale amenities like fine dining, shopping, golf courses, and cultural attractions.
Today's luxury clientele demands personalized living spaces that feature bespoke elements, from unique layouts to premium materials such as exotic stones and hardwoods. Custom amenities—including unique wine cellars, home theaters, and hobby spaces—reflect individual tastes and lifestyle needs.
High-end kitchens and bathrooms rank among the top priorities for these buyers. These spaces often showcase state-of-the-art appliances, bespoke cabinetry, and spa-inspired features such as steam showers, soaking tubs, and heated floors.
Many elite homes also incorporate recreational facilities like golf simulators, fitness centers, and bars, specifically designed for entertainment at home. These areas are often tailored to personal preferences, with options such as pickleball courts, and unique wine cellars.
Affluent buyers expect cutting-edge smart home technologies that integrate lighting, security, and entertainment features. These systems enhance convenience, security, and energy efficiency, underscoring a commitment to luxury that also embraces functionality and sustainability.
Luxury residences must strike a careful balance between striking aesthetics and practical usability. Buyers seek multiple functional spaces, including laundry rooms and butler’s pantries, with home offices being essential for many, especially executives who need at least two workspaces.
Outdoor living areas are becoming as extravagant as indoor spaces, with features like outdoor kitchens, heated pools, and beautifully landscaped gardens dedicated to relaxation and social gatherings. Fire pits, bars, and dining spots boost the outdoor experience, making these spaces ideal for both entertaining and unwinding.
Health and wellness have surged to the forefront of luxury living, with clients increasingly looking for homes that rival top-tier gyms and spas. Private fitness centers, spa-like spaces, saltwater pools, and workout pods emphasize a shift towards creating health-centric environments. This trend reflects a broader desire for a holistic lifestyle where luxury embodies not just opulence, but also a commitment to well-being.
Curb appeal remains paramount for luxury buyers, who readily invest in sophisticated landscaping, ambient lighting, and high-quality exterior finishes. Features like elegant driveways and tasteful lighting create a lasting impression.
While every market has its unique characteristics, “the experience” offered by a home has emerged as a decisive factor for affluent buyers. In high-end properties, this experience blends ambiance, comfort, and personalization to elevate daily living. It transcends mere high-quality materials—it's about customizing design and incorporating convenience and exclusivity aligned with the owner's lifestyle. Ultimately, “the experience” transforms a house into a unique, luxurious space that enriches everyday life. It is equally vital to preserve the natural essence of the surroundings while seamlessly fusing aspects of lifestyle, health, privacy, and security.
The 2025 luxury real estate landscape will be characterized by innovative technologies, tailored living environments, and wellness-driven amenities. As buyer preferences evolve, these features redefine modern luxury living. For sellers, staying attuned to these trends is critical to meeting the demands of high-net-worth individuals and remaining competitive in the evolving market.
Whether you're considering buying or selling a high-end property, aligning with a brokerage that understands the nuances of privacy, customization, and lifestyle appeal is crucial. Chase International’s team of real estate professionals are here to guide you through every step, offering unparalleled insight and expertise. Contact Chase International today to explore how we can help you achieve your luxury real estate goals.
Chase International is connected to 550+ top-tier independent real estate brokerages, from the San Francisco Bay Area to New York City and beyond, spanning 60 countries on six continents around the globe, including our London office. Through this partnership we reach over 120,000 real estate agents, who represent more $1M+ properties than any other real estate company in the world. Together we close over $500 billion in annual sales, with one of our transactions closing every 15 minutes.
As members of Leading Real Estate Companies of the World, Chase International real estate is connected to a referral network of 565 of the foremost local, regional and international real estate firms, with 4,300 offices and 130,000 sales associates in the US and 70 countries. Collectively, we sell 1.1 million homes annually valued at $377 billion.
Luxury Portfolio International® is the luxury face of Leading Real Estate Companies of the World® the largest global network of premier locally branded companies dominated by many of the world's most powerful independent luxury brokerages.
Mayfair International connects to 125 real estate brokerages with 350 offices, each with a stellar reputation in their respective countries. Country Life uploads all Chase properties over $1 million to their magazine website, Countrylife.co.uk. Country Life has been a national institution in the U.K. for over 100 years; a copy is hand-delivered to the Royal Family each week. Mayfair provides advertising and public relations opportunities to ensure maximum exposure for Chase International listings.
LuxeSF, a B2B organization of sales and marketing practitioners, is considered to be the Bay Area leader in the arena of luxury marketing, and the thought leader for the intelligent exploration of best marketing practices and trends in the luxury marketplace.
The Artisan Group is a strategic alliance of high image real estate companies reaching from the greater San Francisco Bay area to Lake Tahoe. Chase clients benefit from this prestigious group’s network of professional luxury real estate brokers. Through this alliance, Chase is able to connect with qualified buyers in our major feeder markets.
Representing over one billion dollars in sales, we are honored to represent the most distinguished clientele and their properties within a community that we are proud to call ‘home.” Throughout the decades, our preeminent clients have continued to trust our intuitiveness to their needs and respect for their investments. Today, as leaders in the sale of the markets’ most luxurious estates, and consistent top producers, we continue our honor-bound commitment to apply our global marketing expertise on our clients’ best behalf. As a family team, we pack a powerful punch. From our local market knowledge to our Bay Area background (and U.C. Berkley alumni contacts), we take great pride in engaging our connections to ensure the most rewarding and seamless transactions for all involved. Kevin is a TahoeReno local with sales acumen. Growing up in Incline Village and graduated from the University of Nevada Reno. All combined, we look forward to sharing our passion for our community and commitment to our clients who seek a real estate team with a zest for success.
Kerry Donovan Vice President of Luxury
Donovan Group Luxury Team
NV Broker Salesperson
CRS CLHMS | NV LIC # BS 52696 kdonovan@chaseinternational.com
775 750 2190
Luxury Sales Specialist
Donovan Group Luxury Team
NV Broker Salesperson
CRS CLHMS | NV LIC # BS 143530 mwarren@chaseinternational.com 775 303 2672
Kevin Donovan
Luxury Sales Specialist
Donovan Group Luxury Team
REALTOR
NV LIC S 0194609
kevindonovan@chaseinternational.com 775 750 7339
