What is your Fleur du Lac Condo Worth | 2016
What is your Fleur du Lac Condo worth is a question both sellers and buyers may be asking. This is a real estate market activity report for the Fleur du Lac Condos for sale – September 2016.
The Fleur du Lac Condo development is located in Homewood, CA. The Fleur du Lac Condo development is an exclusive, luxury, gated, lakefront condo complex and it is located at 4000 West Lake Blvd., Homewood, CA 96141.
The Fleur du Lac condo development is located just south of the Pineland HOA pier beach area, and is just north of the Tahoe Swiss Village HOA pier and beach area.
Fleur du Lac is one of our more famous West Shore locations as it was originally owned and built by Henry J. Kaiser (Kaiser Industries) in 1939.
Kaiser, who was estimated to have had a net worth of $75-$100 million back in 1957, when he was named by Fortune Magazine as one of the wealthiest Americans in our country. His ownership was just one example of how the West Shore of Lake Tahoe was coveted by the those that knew, and had access to the best when it came to luxury resort living.
Later, in 1973, the filming of the Godfather II would call the estate home. Shortly after the filming, the Kaiser Estate was sold to a developer, who would demolish the main home and replace it with high-end luxury condos.
Today the Stone Boat Houses with their wrought iron gates are the only remaining items from the original estate. During the summer months you will see tour boats pointing out this famous and historic location.
The Fleur du Lac Condo complex was built in the three phases starting in the 1980’s, 1990’s and the last two units were built in the early 2000’s. Fleur du Lac is a small development with only twenty-two (22) units.
There are several floor plans in the complex and you’ll find that the size of these condos are much larger than most of our single family homes in the area.
There are three (3), four (4) and five (5) bedroom floor plans with lakefront, lake views, and garden//lawn/forest setting units.
The approximate square footage for the three (3) bedroom units is +/- 3,500 square feet, the four (4) bedroom units +/- 4,200 square feet, and for the five (5) bedroom units at +/-5,400 square feet. All condos come with a two car garage.
There are only two (2) middle units, the other twenty (20) units are all end units with only one shared wall with one neighbor.
All of the units are two levels with each unit having a vaulted ceilings area and a fireplace. The entire complex is a lakefront development with access to a beach area, pier, boat marina, seasonal pool, in-ground spa/hot tub, fitness equipment, tennis courts, lakefront club house and Yacht Club facilities and on-site management providing the ultimate concierge experience for their owners
Luxury condo Buyers have often had to wait several years for a buying opportunity to get into this exclusive luxury complex, as the turn-over in the Fleur du Lac development has historically been very low.
Finding condos for sale in the Homewood area will always be a challenge as only sixty-five (65) total units were built in the entire area. The two condo developments that were built in Homewood are both lakefront, exclusive, and gated developments. Condo buyers that expand their condo property search to the entire West Shore of Lake Tahoe will have more condo buying options.
If you would like to
Get a FREE Market Analysis for Fleur du Lac Condo
Just click on the above link, or give me a call 530.414.1260and we can discuss what is important to you about your Fleur du Lac Condo unit.
Currently there are three (3) condos for sale in Fleur du Lac Condo development listed for sale listed ranging from $4.2 million to $5.3 million as of 09-20-2016. No Fleur du Lac condos are sale pending, and none have sold so far in 2016.
Fleur du Lac Condos for Sale – September 2016
Year |
Condos Sold |
Median Average Sales Price | Average Sales Price |
Lowest Price Sold |
Highest Price Sold |
%
Cash Transactions |
% Distressed
Sales |
Breakdown
of Distressed Sales |
2016* | 0 Fleur du Lac | $ NA | $ NA | $ NA | $ NA | 0% | 0% | 0 REO’s
0 Short Sales |
2015 | 2 Fleur du Lac | $2,925,000 | $2,925,000 | $2,750,000 | $3,100,000 | 50% | 0% | 0 REO’s
0 Short Sales |
2014 | 3 Fleur du Lac | $3,000,000 | $3,358,333 | $2,275,000 | $4,800,000 | 66.6% | 0% | 0 REO’s
0 Short Sales |
2013 | 2 Fleur du Lac | $3,787,500 | $3,787,500 | $3,675,000 | $3,900,000 | 100% | 0% | 0 REO’s
0 Short Sales |
2012 | 1 Fleur du Lac | $3,900,000 | $3,900,000 | $3,900,000 | $3,900,000 | 0% | 0% | 0 REO’s
0 Short Sales |
2011 | 0 Fleur du Lac | $ NA | $ NA | $ NA | $ NA | 0% | 0% | 0 REO’s
0 Short Sales |
2010 | 0 Fleur du Lac | $ NA | $ NA | $ NA | $ NA | 0% | 0% | 0 REO’s
0 Short Sales |
2009 | 1 Fleur du Lac | $3,240,000 | $3,240,000 | $3,240,000 | $3,240,000 | 100% | 0% | 0 REO’s
0 Short Sales |
2008 | 0 Fleur du Lac | $ NA | $ NA | $ NA | $ NA | 0% | 0% | 0 REO’s
0 Short Sales |
2007 | 0 Fleur du Lac | $ NA | $ NA | $ NA | $ NA | 0% | 0% | 0 REO’s
0 Short Sales |
2006 | 1 Fleur du Lac
(Not reported in MLS) |
$4,575,000 | $4,575,000 | $4,575,000 | $4,475,000 | 0% | 0% | 0 REO’s
0 Short Sales |
*YTD period is 01/01/2016– 08/31/2016.
Data Source: Tahoe Sierra Multiple Listing Service.
Data subject to change and/or correction at any time without notice.
Use caution when only a handful of sales are available in a neighborhood. The percent changes can be significant and numbers are easily moved in either direction. Using the Lake Tahoe-Truckee Regional data may be a better source for over-all market trends.
The Fleur du Lac condo complex is in a great location, close to downtown Homewood and the Homewood Ski Resort and it is only five (5) miles to downtown Tahoe City.
If you’d like to buy a Fleur du Lac Condo, give me a call 530.414.1260 and we can figure out the best way for you to get a unit in this complex!
Want to see all Tahoe City condos for sale?
Need more options? See what condos are for sale in Lake Tahoe? Here are the current listings:
- Tahoe City Condos for Sale
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- Tahoe City Homes for Sale
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- West Shore Lake Tahoe Homes for Sale
For all of your Tahoe real estate needs –
Laura A. Allen | 530.414.1260 | Laura@TahoeLaura.com
BROKER ASSOCIATE, Tahoe Real Estate Agent
CalRE# 01473598
Coldwell Banker, Tahoe City, CA CalRE#01908304
All information is deemed reliable, but is subject to change, and/or correction without notice.
What is your Fleur du Lac Condo worth?