Lakeside Terrace consists of 6 units, which vary in size. This complex shares a permitted pier with the 4 units in the adjoining condominium complex for a total of 10 units sharing the pier. Lakeside Terrace has 7 buoys, one for each owner and a guest buoy. HOA fees are $1,350 per quarter per unit and cover the buoy field and pier, exterior landscaping, exterior common area building maintenance and the shared road maintenance. Homeowners assess themselves as needed for additional repairs and maintenance. Renewed CC&Rs have been approved and are in production.
The owner of 1402 did a total upgrade of both units in 2007/2008, opening the upper floor to 1404 Lakeside Terrace (#4) and has since been leasing that unit. The lower section of each unit remains separate.
Together, the two units comprise 3,383 sq. ft. with 5 bedrooms, 5.5 baths, a master chef's kitchen, containing 2 ranges, 3 ovens (including a steam oven), two sinks, two dishwashers, and 2 microwaves, a 2-car garage, three gas-insert fireplaces with remote controls, two laundry areas, a 48’ x 14’ deck with a glass/wood railing, a hot-tub and 2 private buoys. In addition to the two-car garage, there are two assigned unit parking places as well as two guest spaces in front of the units.
1402 – Unit #5 - consists of 1,913 sq. ft, including a large Owner’s Suite on the lower level, with an exercise area, his and her baths, a lake-view sitting area, fireplace and a hot-tub on the gated deck with access to the lawn and pier.
The upper level contains a guest bedroom, full bath, kitchen, living room with a second fireplace and bar. There are decks on both floors, with the upper deck open between the two units and the lower decks private to respective bedrooms. Both units have storage rooms as well as under deck storage. Many furnishings are included. Exclusion list is provided upon request.
1404 – Unit #4 – consists of 1,470 sq. ft. and has one half bath on the main level along with another living area with fireplace, kitchen and access to the 2-car garage. Downstairs there are three bedrooms, including a lakeside master with bath, a guest bath and gated deck off the two lakeside bedrooms with steps to the lawn and pier.
1402 is offered separately. The sale of 1404 will be subject to buyer(s) cooperating with the seller in a tax deferred exchange, at no additional cost or liability for buyer.
Address: 1402-1404 N Lake Blvd, Lakeside Terrace Units #4 & #5, Tahoe City, CA
Price: $3,875,000
Bedrooms: 5
Bathrooms: 5.5
For more information, contact Trinkie Watson at 530-582-0722 or twatson@chaseinternational.com.
Trinkie Watson is the exclusive agent representing the, Lake Tahoe, California/Nevada, real estate market as a member of the Haute Residence Real Estate Network. View all of her listings here.
Images courtesy of Trinkie Watson
