Zephyr Cove
Real Estate
TRPA Tackles Lake Tahoe's Housing Crisis and Climate Change: What Local Residents Need to Know
Lake Tahoe, an important location for the Washoe Tribe, has always been a place where people form strong bonds. The health of the lake and the welfare of the surrounding communities are closely linked. Currently, the lake and its communities are facing challenges due to climate change and the affordable housing crisis. The Tahoe Regional Planning Agency (TRPA) is tackling these issues by building on the Lake Tahoe Regional Plan's progress and innovative policies.
TRPA Fights to Maintain Affordable Housing and Environmental Protections in Lake Tahoe Region
The Tahoe Regional Planning Agency (TRPA) is preparing to defend its affordable housing policies, says Marshall, an agency representative. This is a response to the Mountain Area Preservation, a Truckee-based group, which aims to restrict access to the Lake Tahoe Region for those with limited income. The TRPA has recently updated its policies to encourage affordable and workforce housing near transit and services. These updates also include stricter requirements for stormwater treatment to protect the lake and encourage environmentally friendly transportation.
Will This Muti-Million Dollar Property Break Tahoe's Real Estate Record?
Welcome to the epitome of Lake Tahoe's lakefront luxury which offers privacy and views like no other. Priced at a record breaking $76 million, this estate, known as "The Old Forge - Wynn Estate", comes with the most captivating and unobstructed views of Lake Tahoe and a rich history. This property is nestled on 5 acres of pines, making this a haven of both solitude and prestige. It proudly boasts 210ft of privately owned sandy beach, complete with a deep water pier, boat hoist, jet ski platform, and two buoys. The main residence is 12,661 square feet with an expansive primary suite with wide open lake views. There are an additional three en-suite bedrooms including a dedicated fitness and massage room, all with a view. The gourmet kitchen, of couse also offers expansive views of the lake and mountains. Included on the property is a 1,536 square feet guest house. Estates like this are generational and are rarely offered for sale. It last sold for $31 million in June of 2017,after being previously owned by Steve Wynn, casino mogul in the early 1990s.
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