If the recent snow dump has you breaking out the goggles and skis, you might want to consider grabbing the checkbook while you’re at it.
In the category of “one person’s loss is another person’s gain,” 17 luxury Tahoe condominiums are going up for auction April 30. The starting bids range from $130,000 to $185,000 – well down from the $375,000 to nearly $1 million price tags these condos fetched during the boom.
Auctioneer Kennedy Wilson, a real estate investment and services company, is auctioning the 17, fully-furnished, ski-in ski-out condos in the Resort at Squaw Creek. The auction begins at 1 p.m. April 30 at 400 Squaw Creek Road, Olympic Valley. If you can’t attend the auction in person, don’t worry. Registered bidders can take part online.
Each condo “is impeccably maintained with slate entries, resort-style kitchens, fireplaces, granite vanities, and LCD flat-screen televisions. Grand picture windows frame picture-postcard views of ancient Ponderosa pine forests, lush meadowlands and the majestic Sierra Nevada Range,” according to a press release announcing the auction.
There will be a “how to buy” informational seminar at 1 p.m. April 23 at the resort’s auction information office, 400 Squaw Creek Road. To learn more about the auction visit the event website at www.ResortatSquawCreekauction.com.