Real estate

Larry Ellison may back out of deal to buy Cal Neva

Tech billionaire and real estate fanatic Larry Ellison might back away from a deal to buy Frank Sinatra’s old Lake Tahoe casino.

Ellison’s $35.8 million purchase of the faded Cal Neva Resort & Casino has been tied up in court for more than a month, and the Oracle Corp. founder isn’t willing to wait much longer, federal bankruptcy officials warned in a court filing last week.

Weidinger PR wins multiple honors at annual awards event

Lake Tahoe-based Weidinger Public Relations was recognized with three awards for 2017 campaigns at the Public Relations Society of America, Sierra Nevada Chapter Silver Spikes Awards, Nov. 16 at The Grove in Reno, Nev.

Weidinger PR received honors for three entries: one Silver Spike and two Awards of Excellence. The firm’s public relations efforts for the 2017 American Century Championship captured the Silver Spike for “Special Events and Observances.”

South Lake Tahoe City Council votes to cap VHRs at 1,400

"We need the community to get together and collaborate," said SLT Councilman Jason Collin during Tuesday's Council meeting. "Its polarized the community."

Collin was discussing the South Lake Tahoe Vacation Home Rental Ordinance after another full day of a City Council meeting focused on the subject of vacation homes in the community.

Kudos: “Faces of Homelessness” appreciation

SOUTH LAKE TAHOE, Calif. – A gracious “thank you” to those who participated in the “Faces of Homelessness” on October 26, 2017 at Valhalla, especially our primary event sponsors Temple Bat Yam and the Tahoe Chamber. It was warm inside the great room, with a fire roaring behind our presenters; however, their accounts of being homeless were quite chilling. Six adults and local middle school and high school youth provided touching accounts of their personal stories of homelessness to an audience of strangers.

Tech giant cleared to buy Cal Neva Lodge for $35.8M

Larry Ellison has made billions in high technology and has a knack for buying glitzy real estate properties. Can the founder of Oracle Corp. bring his Midas touch to a faded Lake Tahoe resort once owned by Frank Sinatra?

Douglas County forming housing task force

An Affordable Housing Task Force has been formed to assist Douglas County in its efforts to develop quality affordable housing opportunities. This has been in the works since July when they entered into a Memorandum of Understanding (MOU) with the Nevada Rural Housing Authority “For Creating a Viable Path to Achieving Affordable Housing for Douglas County, Nevada.”

Part of the Board of County Commissioners Strategic Plan includes evaluating the potential of offering affordable housing development incentives through the update of the Housing Element of the Master Plan.

Blue Ribbon Award nominees announced

The Lake Tahoe South Shore Chamber of Commerce (Tahoe Chamber) is holding their annual Blue Ribbon Awards dinner on Thursday, November 9 from 5:30 p.m. to 8:30 p.m., at the Harrah's Lake Tahoe Ballroom. This gala event honors businesses, organizations, and individuals for civic contributions, tourism experiences, customer service, and entrepreneurial achievements. Tickets for the award ceremony are currently available online at www.TahoeChamber.org.

Lawrence "Larry" David Dunivent 1936 - 2017

Lawrence "Larry" David Dunivent, 81, of South Lake Tahoe, Calif., passed away peacefully on Saturday, October 7, 2017. He was born in Orange, Calif. to Harold David and Vada Alida Dunivent.

Opinion: Rebuttal to SassTalk

The following is a letter received concerning the Sass Talk published on October 7:

I hate to waste my time, but I cannot let the erroneous propaganda put out by the Emperor of City Hall go unrebutted. The City will not let go of this “nuisance” problem as it diverts focus on the dismal road conditions that the City has neglected for years. Also, City management has totally failed to provide a reliable snow removal system as we experienced last winter.

El Dorado County assessed home values up $1.7B

El Dorado County Assessor Karl Weiland today announced the assessed value of
all taxable property in El Dorado County increased by almost six percent from last year. The $31.5 billion property tax roll, which reflects the assessed value as of January 1st, 2017 is approximately $1.7 billion above last year’s assessed value of $29.8 billion.

The $31.5 billion dollar roll generates about $315 million in property taxes every year that support schools, public safety, local districts, cities and County government services.

Occupancy, density and caps of SLT VHRs topic of long meeting

SOUTH LAKE TAHOE, Calif. - There are two topics that fills the City Council chambers: Marijuana and Vacation Home Rentals (VHR). Interested residents and other stakeholders in the City's proposed changes to the VHR ordinance not only filled chambers, but filled seats surrounding televisions in the lobby where the proceedings were aired.

After almost six hours of presentation and conversation, the City Council voted to bring back the new ordinance in one month on October 5.

"Our job is to make a decision, not continuing to kick the can down the road," said SLT Mayor Austin Sass.

Vacation rentals again on South Lake Tahoe City Council agenda

Renting a home while on vacation is the trend in many tourist destinations, not only in Lake Tahoe, but across the globe. This new way of vacationing has not come without issues so many towns are creating ordinances or, like in Anaheim and other cities, banning them.

No extension or new purchase agreement accepted for Kingsbury Middle School

It's back to the drawing board for the Douglas County School District (DCSD) Board of Trustees after they officially decided to not give Patrick Taylor and Lake Parkway LLC another extension in their effort to buy Kingsbury Middle School.

Citing no confidence in the buyer's ability to put a deal that can close together, the trustees voted unanimously to take the steps needed to put the old middle school back on the market.

"I think the School District made a poor decision today," Patrick Taylor of Lake Parkway LLC told South Tahoe Now. "They are very unrealistic."

Work begins at Bijou Marketplace; Whole Foods 365 plans first Lake Tahoe store

SOUTH LAKE TAHOE, Calif. - "We've been waiting to be in South Lake Tahoe for a long time," said R. Adam Smith, Executive Director of Store Development for Whole Foods in Northern California. "Couldn't be more thrilled than to be here today."

Smith took part in Monday's groundbreaking at the new Bijou Marketplace along with the Jim Halferty and Chris Peto of Halferty Development Ground, the owners of the property along Highway 50 and the corner of Ski Run Boulevard, and local officials.

Squaw Valley Alpine Meadows and Mammoth now part of new company

Twelve four-season resorts with 20,000 skiable acres are all now part of a new company that was formed to acquire Intrawest Resort Holdings, Inc. and Mammoth Resorts.

Affiliates of KSL Capital Partners, LLC and Henry Crown and Company now own Squaw Valley, Alpine Meadows, Mammoth Mountain Ski Area, Snow Summit, Bear Mountain and June Mountain in California; Steamboat Ski & Resort and Winter Park Resort in Colorado; Blue Mountain Ski Resort in Ontario; Mont Tremblant Resort in Quebec; Stratton Mountain Resort in Vermont; and Snowshoe Mountain Resort in West Virginia.

Historic Shakespeare Ranch in Lake Tahoe

This home is not currently for sale.

The 129-acre Shakespeare Ranch in Glenbrook, Nevada is for sale, just the third time in its 150 year history.

Long before an exclusive enclave of homes were built at the base of Spooner Summit there were lumber mills, preparing the trees clear-cut around Lake Tahoe for lumber to support the hundreds of miles of silver mines in Virginia City during the Comstock days.

Zalanta in South Lake Tahoe celebrates grand opening

The Zalanta Resort at the Village celebrated the completion of their first phase Tuesday with a grand opening and ribbon cutting for local dignitaries.

On what was formerly known as "the hole," Zalanta is the first whole ownership luxury condominium residences in the Lake Tahoe Basin since Lakeland Village was completed 30 years ago.

The 30 residences are all one-story and available in 2-, 3- and 4-bedroom units. The cheapest unit, priced at $950,000, and the most expensive at $2.125M have both sold as well as several other residences. The second phase will add another 60 residences.

240 building allocations released by TRPA to Lake Tahoe jurisdictions

In a unanimous decision during their May 24 meeting, the Tahoe Regional Planning Agency (TRPA) Governing Board voted to release 240 housing allocations to jurisdictions in the Lake Tahoe Basin.

After concern was raised during their April 26 meeting, the TRPA Governing Board's Local Government Committee met on May 11 to address the use of residential

Escrow closes on "The Chateau," luxury condo-tel planned

The sale of "The Chateau at the Village" in South Lake Tahoe is complete and the eight acres of land and entitlements are now owned by Tahoe Chateau Land Holding, LLC, a Chinese-American investment group.

The holding company, owned by Kawana Holdings, will own "air rights" above the existing retail area, related parking and the garage structure, the former convention center pad. The seller, Owens Realty Mortgage Inc., keeps the existing retail buildings and improvements that are home to McP's, Dough and various shops.

Thankful for generous $25,000 donation

The Board of Directors of Saint Joseph Community Land Trust wishes to acknowledge a generous donation in the amount of $25,000. This donation is from an anonymous donor through Parasol Tahoe Community Foundation located in Incline Village, Nevada.

Saint Joseph CLT is a 501 (c)(3) nonprofit organization whose mission is to improve the quality of life for individuals and families who cannot otherwise afford housing, by acquiring real estate and developing programs to benefit communities in the Lake Tahoe Basin.

Jack Wagner returning to Lake Tahoe for American Century Golf Championship

Famed actor and two-time American Century Championship winner Jack Wagner will compete for another victory in Lake Tahoe along with an impressive list of fellow movie and TV personalities adding star power to the field of active professional and retired athletes and Hall of Famers.

Also in the competition from Hollywood this summer are John O’Hurley, Kevin Nealon, Brian Baumgartner, Bruce McGill, Alfonso Ribeiro, Oliver Hudson and Rob Riggle.

Squaw-Alpine parent company buys Intrawest Resorts

A newly formed entity controlled by ski resort operator Aspen Skiing Company, LLC and private equity firm KSL Capital Partners, owners of Squaw Valley/Alpine Meadows, will buy Intrawest Resorts Holdings for about $1.5 billion including debt, it was announced Monday.

Intrawest Resorts Holdings, Inc. (NYSE: SNOW) is a leading North American mountain resort and adventure company.

Federal disaster loans available for some nonprofits affected by January's storms

The U.S. Small Business Administration (SBA) has announced the availability of low-interest federal disaster loans for some California private nonprofit organizations. The federal government is offering assistance after the severe winter storms, flooding and mudslides hit the state Jan. 3-12, 2017.

The eligible nonprofits must provide essential services of a governmental nature.

Gourmet ice cream sandwich shop, The Baked Bear, opening in South Lake Tahoe

Named one of the trendiest restaurants to try by Business Insider, The Baked Bear is opening their third location in the Reno-Tahoe area in March.

What is the Baked Bear you ask?

Started by two friends in San Diego, The Baked Bear, which provides custom ice cream sandwiches, is quickly moving into cities in Arizona, Oklahoma, Texas, Nevada, Utah, as well as other locations in California including Petco Park, home of the Padres.

And now they'll be in South Lake Tahoe.

Tahoe Tidbits

El Dorado Savings on Al Tahoe Blvd. in South Lake Tahoe is expanding into the space next door that was once home to Sierra Pizza. The bank will now be able to have a safety deposit box area. There is no plan for more teller windows.

Speaking of Sierra Pizza, they have moved into the empty restaurant between Pinnacle Real Estate and Tahoe Toys and Treasures.

Patricia Hicks (Pat) McCulloch 1948 - 2017

Native Nevadan Patricia Hicks McCulloch (Pat) died peacefully on Monday, January 9 after a long illness. She was preceded in death by her husband, William H. (Bill) McCulloch.

Pat was, as they say, a "force of nature". She was a dear family member to dozens and a dear friend to literally hundreds and she was never without a smile on her face.

Kudos: Intero of Douglas County donates $8,200 to gym scholarship program

The Incredible Kids Program in Douglas County provides youth with gym membership scholarships, and thanks to a donation by Intero Real Estate Services of Gardnerville, Nev., many more will be able to use the service.

The real estate group presented a check in the amount of $8,200 to the fund representatives, Renea Louie, Scott Morgan and Drew Aguilar of Douglas County Community Services Foundation, along with Douglas County Community Services/Parks and Recreation staff accepted the donation.

New business licenses issued in South Lake Tahoe

The following 33 businesses took out business licenses with the City of South Lake Tahoe during the month of October:

10/1/2016
SOUTH LAKE SMALL ENGINES

10/04/2016
TAHOE BIG CLOUDZ #2

10/05/2016
GERONDAKIS & SONS
GET SOME CONCRETE
OMEGA PLUMBING SERVICES
REAL ESTATE RENTALS
SHU MIN YU MASSAGE THERAPIST

10/06/2016
THOMAS A YANT

10/07/2016
D&S SECURITY
TRACY AND MICHAEL SCHROEDER

10/11/2016
CUT LOOSE

10/12/2016
JENNIFER RAYDON RIDESHARE
VANHEE WOODWORKS

10/13/2016
AL SHANKLE CONTRUCTION
TAHOE BIG PICTURE PRODUCTIONS

10/14/2016

New wave of craigslist vacation home rental scams in South Lake Tahoe

You're a group of teachers from San Francisco, visiting South Lake Tahoe for the weekend before heading back to wrap up the semester. You've come to Tahoe to ski for opening weekend. You're a group of friends from San Diego, looking for a mini-reunion.

Chase International shows off luxury Lake Tahoe real estate at London show

Sue Lowe of Chase International was recently in London to showcase the luxury Lake Tahoe real estate market, just a handful of agencies asked to take part in the show which attracts affluent buyers from throughout Europe, the Middle East and Asia.

Weidinger PR wins three Silver Spike awards

Lake Tahoe-based Weidinger Public Relations was recognized with three awards for various campaigns at the Public Relations Society of America, Sierra Nevada Chapter Silver Spikes Awards, Nov. 17 at the Whitney Peak Hotel in Reno.

Weidinger PR received awards for each of its three entries: one Silver Spike and two Awards of Excellence.

The firm won the Silver Spike award in the category, Special Events and Observances, 1 or 2 Days, for their planning of the Edgewood Tahoe Lodge groundbreaking.

Community participates in first of three public VHR workshops in South Lake Tahoe

The City of South Lake Tahoe promised to hire a company to provide a socio-economic study on the impacts of vacation home rentals (VHRs) on the city. Michael Baker Incorporated, a company that has studied the same impacts at Big Bear Lake, Morro Bay, Monterey and Avalon on Catalina Island, was hired to do the job.

Wednesday night, representatives from Michael Baker had stations around a room at the Senior Center to determine what the almost 100 people who were at the meeting thought was important, and not important, of several aspects of both the study and VHRs.

Approval of VHR permit in South Lake Tahoe: Hours of debate, thousands of dollars

Roman Kreminski lives in South Lake Tahoe and, like many others, makes his living in building "Spec Homes," the process of building and selling homes for sale without any particular buyer in mind. It used to be a good business for Kreminski based on speculation of a strong real estate market and buyers waiting to invest in paradise.

He kept about five local families working full time to build the homes.

After Thursday's South Lake Tahoe Planning Commission meeting Kreminski said, "I'm done."

Loop Road public meeting poorly attended; Proposed debate at event nixed

In an effort to clear up misinformation about the proposed US50 Community
Revitalization/Loop Road Project, the Lake Tahoe South Shore Chamber of Commerce (TahoeChamber) hosted a public meeting Thursday evening at the Lake Tahoe Resort Hotel. With the amount of negative public comments and voiced skepticism during past meetings, Measure T, and in social media, a larger group was expected than the 35 people who attended (and many of those were Tahoe Transportation and Tahoe Chamber staff).

Conservancy looks into selling 4 parcels that could benefit the Tahoe Valley Area Plan

When one sees a vacant lot in the Lake Tahoe Basin with a California Tahoe Conservancy (CTC) sign placed on a tree within its borders, it normally that means the parcel will remain vacant.

And in most cases, that is true.

In the basin, CTC owns 4,780 parcels of land totaling 6,400 acres, many of those parcels are about 1/4 acre in size. In the 1980s and 1990s, most of these smaller lots were purchased due to their being deemed environmentally sensitive. If a lot, or a portion of a lot, was once considered to be sensitive, they are permanently protected and cannot be built upon.

League to Save Lake Tahoe supports new hotel project in Tahoe City

A prime piece of real estate in Tahoe City that was originally built in 1957 for housing during the 1960 Olympics has never lived up to its potential, and is now proposed for destruction to make way for a 118-room hotel.

Sold at the end of 2013, the property known as the Hendrickson Building located at the west end of Tahoe City at 255 North Lake Blvd. is being transformed into the Tahoe City Lodge.

County Supervisors spend day in South Lake Tahoe

To get a look at the properties the County owns, and to get a look at services and programs going on in South Lake Tahoe, the El Dorado County Board of Supervisors (BOS) met on the South Shore last week for tours and discussions.

The County owned properties in SLT were highlighted during a morning tour. Each of the properties, the Senior Center, the Museum, the Art League building and the Visitor's Authority building, are owned by the County and maintained by the City.

City adding new VHR enforcement teams; More public meetings in near future

For a 90-day trial period, the City of South Lake Tahoe will hire an outside security firm to assist with enforcement of the Vacation Home Rental (VHR) ordinance.

Many complaints have been voiced at City Council meetings about the lack of enforcement and the fact that part of the justification of the increase in fees for the vacation home permits was to go to staffing that department.

Re/Max honors Douglas County Sheriff's Office with gifts and Burgers 4 Badges

Re/Max Realty of Gardnerville delivered over 125 bags of treats to the Douglas County Sheriff's Office as a sign of appreciation to local law enforcement.

Sheriff Pierini expressed his great appreciation at the efforts of the real estate agents of Re\MAX who worked together to create the treats and show their support to all of the employees who work tirelessly at the various their duties in Administration, Patrol, Jail, and Investigations, along with support personnel.

Jeanne Koerner from Re\MAX brought the baskets to the sheriff’s office.

Chase International names top agents

The top agents for Lake Tahoe's Chase International were recently announced during a gathering at the historic Thunderbird Lodge.

For the second quarter, April 1 through June 30, Mike Dunn earned the accolade of top agent in Lake Tahoe. Dunn also led all other agents in sales volume sold (a total of $10.6 million). Trinkie Watson was named top agent in listing volume, while Brent Johnson and Alison Elder tied for agents listing the most units on the lake. Clif Chase was the listing agent with the most volume sold and Johnson was the top sales and listing agent in units sold.

Housing in South Lake Tahoe: Is it affordable?

Many conversations around South Lake Tahoe center around affordable housing, but the community isn't alone in this topic.

Nevada Governor visits Lake Tahoe for Tahoe Beach Club groundbreaking

"It's going to be an interesting journey," then-TRPA director Juan Palma told Bob Mecay back in 2002. Little did Mecay know then that it would take until 2016 to see completion of that journey.

Mecay, President of Tahoe Beach Club, unveiled the end of the journey in a beachfront groundbreaking ceremony Monday in a spot that will see 143 condominium residences, a private beach club, two to five-bedroom condominiums, a private pier, lakefront clubhouse, health club, spa and pool.

Home that has South Shore meadow used in the series "Bonanza" for sale

A home that could be right out of an episode of "Lifestyles for the Rich and Famous" is for sale at Lake Tahoe, and it comes with a $59 million price tag.

Palatial homes and mountain style architecture are common along Lake Tahoe’s shoreline, but it is very rare to find equestrian properties with large land tracts.

Named Sierra Sunset, this estate boasts a 16,703-square-foot main house, 13-acre irrigated meadow for horses and a 378-foot stretch of sandy beach and pier with boat hoist.

Glenbrook home featured in HGTV contest

Lake Tahoe homes are often found in the limelight. This month an Lake Tahoe East Shore home is in exclusive company as it finds itself on HGTV’s Ultimate House Hunt.

The Glenbrook estate, listed by Chase International’s Mike Dunn, is one of only eight properties in the world to be selected for the waterfront category. The contest takes place online through July 8.

Designs for Meyers corridor path and roadway changes unveiled at public meetings

Event Date: 
June 17, 2016 (All day)

Transportation planners will hold a series of open houses for the Meyers community and anyone else interested in seeing three sets of plans created for the proposed Highway 50 corridor.

They are once again asking for public input on the project that is intended to provide attractive and safe travel options for the community.

TTD provides plan for Loop Road project in South Lake Tahoe

The Tahoe Transportation District (TTD) Board today unanimously approved a set of principles to clarify and guide the final design and implementation of the US Highway 50 South Shore Community Revitalization Project, also known as the Loop Road Project.

This plan that will answer some community member's concerns about the project by addressing right-of-way, housing, road construction, assistance and support for affected businesses, and continued community involvement.

New condo development planned for property adjacent to Van Sickle Bi-State Park

A 3.43 acre piece of land once owned by Randy Lane's Falcon Capital LLC may soon have a 22-unit condominium project built on it. The property (made up from two parcels) is underneath the gondola, adjacent to the Van Sickle Bi-State Park near the state line in South Lake Tahoe, Calif. The listed owner of the property is now Lucky Look LLC.

Historic estate near Edgewood sells for $8.5 million

A home designed by Julia Morgan on the shores of South Lake Tahoe near Stateline has sold for $8.5 million, making it the largest residential home sales in the city in nearly a decade.

Morgan, best known as being the architect behind Hearst Castle in San Simeon, designed two homes in Lake Tahoe. The one on the South Shore, named Twin Pines, was built in 1928 and includes a 2,750-square-foot main house with an 864-square-foot guesthouse. The home sits on 1.65 acres with more than 180 feet of sandy beach, a pier, and buoy.

Revive Interior Design opens in Lake Tahoe

Interior designer, Jessie Marchesseau, recently opened Revive Interior Design – a full-service interior design and home staging firm that serves communities in the Lake Tahoe Basin. Marchesseau, originally from Montana, has lived in the Lake Tahoe region for more than 15 years and has worked in local interior design and real estate industries for more than a decade. In addition to being a Tahoe local, Marchesseau has sold and designed homes in both California and Nevada, and understands the complexities of mountain and lake living.

Public meetings on transportation changes in Meyers

Event Date: 
April 22, 2016 (All day)

El Dorado County is proposing roadway and multi-us path improvements for the Meyers community, and they are inviting the public to participate during three different outreach meetings on Friday, April 22.

The proposed changes are meant to make the transportation options more safe and attractive for those living in the area as well those visiting or passing through. One option already mentioned by Caltrans is the addition of a roundabout at the Highway 50/Highway 89 intersection to slow down traffic coming from Echo Summit.

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