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Real Estate Pick of the Week – Ritz Residence #608

Ritz Residence #608

The Ritz Carlton Residences have seen tremendous success in sales since they first came on the market last February.  Of the 23 Residences, 10 have sold and the concept of this type of home ownership in Lake Tahoe is just sinking in.  This past Friday, the biggest and best of all of the residences closed.  Penthouse #650 was priced at $5m.  It turns out, the buyers were one of the first owners in the hotel, enjoying Residence #608 for a short time before determining they like the Ritz lifestyle so much they desired something bigger… so now one of my favorite residences is back on the market, #608.

Ritz Residence #608 is a fabulous 3 bedroom, 3 bath residence with 1,873 sq. ft. of mountainside living.  This residence is one of my favorite for several reasons; one, it is drenched in sunlight with great views, facing the ski runs at mid-mountain.  Each night your family can enjoy watching the grooming machines perform their magic on the mountain.  Second, this penthouse is at the end of the hallway on the 6th floor, so its location offers the quickest and easiest access to the Highlands Gondola just by exiting immediately down an adjacent stairway. This is also a plus for Fido.  Everything the Northstar Village has to offer is an 8 minute gondola ride away, so your car may remain tucked away conveniently in a heated garage.  Lastly, this Residence is furnished with a delicious modern furnishing package and design by the famous Jay Jeffers of San Francisco.  By my predictions, this residence will be gone by New Years.

Ownership at the Ritz Residences is simple.  You arrive and enjoy year-round recreation and amenities without lifting a finger.  Included with ownership are ski valet services, spa and fitness, concierge, grocery concierge, valet parking, storage, Ritz Kids, housekeeping, and a Tahoe Mountain Club membership… to name a few.

There are several improvement projects currently underway at The Ritz Carlton, Lake Tahoe. One is The Backyard Bar & BBQ, and the other three are significant upgrading projects focused on The Arcade, Ritz Kids and Café Blue, now featuring Blue Bottle Coffee!  Owners and guests can enjoy one of the best coffee experiences anywhere. Coffee lovers will enjoy a brew of the highest quality and standard, so Blue Bottle is a perfect fit for The Ritz-Carlton, which prides itself on a similar standard of unsurpassed quality. In addition to the excellent coffee options, Café Blue now offers fresh pressed juices and smoothies.