Sale of luxury home near Truckee breaks Northstar records

The sale of this property on 19040 Glades Place in Martis Valley near Truckee broke a price record.

The sale of this property on 19040 Glades Place in Martis Valley near Truckee broke a price record.

TAHOE CITY, Calif. – Northstar saw its highest residential real estate transaction to date with the sale of Glades Lodge, an 8,000-square-foot private home overlooking Martis Valley. The home was listed for $6.9 million and closed in late December.

Glades Lodge is a contemporary ski-in/ski-out luxury property located within Northstar’s exclusive Mountainside neighborhood. David Gemme of Oliver Luxury Real Estate represented the sellers in the record-breaking sale.

The six-bedroom/seven-and-a-half bath home includes an on-site “warming hut” (with kitchenette, fireplace, lounge area, equipment storage, bunk area, and private patio with hot tub), wine cellar, and access to Tahoe Mountain Club and Ritz Carlton, Lake Tahoe amenities.

Oliver Luxury Real Estate is a boutique real estate firm specializing in luxury properties over $1 million in the West’s most unique communities.

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