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You are here: Skylake - Resale Details
What: Single share in four bed house ideally located for skiing and summer holidays
Where: Just outside Tahoe City on the North Shore of Lake Tahoe in Northern California, four hours drive from San Francisco
Total Shares: 113
Share Cost: £20,000 ono
Status: Limited company in UK with 13 shareholders.  Each shareholder has rights to two weeks summer and two weeks winter usage on a rotating priority basis.  Approx. monthly cost is £75.
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The "Skylake Club" was the first OwnerGroups Company group, formed by Steve Last in 1980. The house is situated just outside Tahoe City on the North Shore of Lake Tahoe in Northern California, an area of outstanding beauty and one of the finest holiday areas in the world. Surrounded by the peaks of the Sierra Nevada mountains, which range up to 12,000 feet, and itself at an elevation of over 6,000 feet, Lake Tahoe is over 200 square miles of crystal-clear water. Lake Tahoe is a comfortable 4 hour drive from San Francisco, and is easily reached by air from all other US gateways via Reno, some 40 miles away.

The forested north shore of Lake Tahoe, where Skylake Club's premises are located, has miles of sandy beaches and is world-renowned as the 'millionaires' playground" which is the major winter sports centre of the US west coast.

Lake Tahoe's climate is superb all the year round at Lake Tahoe, thanks to the 6200 foot elevation and the proximity of the Nevada Desert. In Winter, four out of every five days are clear and sunny, and average winter daytime high temperatures are around 28 deg. F, with overnight lows about 18 deg. F. Precipitation at Tahoe is mostly snowfall averaging 18 feet per annum at Lake level, whilst at Alpine Meadows, six miles from Skylake Club's Tahoe city base, it reaches a staggering 37 feet per year, enabling Alpine Meadows to claim one of the longest Ski seasons in North America, from mid-November to late May.

Facilities could not be bettered. With over a dozen major Ski Resorts within a few miles, every level of skiing is catered for, from complete beginner to Olympic winner. There are more than 150 lifts at the various resorts, the vast majority in an arc centred on Tahoe City. Multi-area tickets are available, together with special day rates at midweek, etc. The tremendous variety of winter sports available, including snowmobiles and cross-country skiing, makes Tahoe particularly suitable for families and groups of differing levels of experience, and the sparkling blue Lake makes a marvellous backdrop for those who enjoy the view as much as the run downhill.

In Summer there is an unmatched range of recreational activities from climbing, walking and camping, fishing and sailing to golf, gliding and riding. Year round, there are attractive small shops and excellent restaurants, whilst evening entertainment includes the temptations of the Nevada casinos and hotels with their star-studded floor shows a few miles along the shore.

Adequate accommodation for families is crucial for enjoyment, and Skylake Club's premises were deliberately chosen to provide comfort for 8 adults, giving generous room for large families as well as adult groups. Located on a development called Lake Forest Glen, it is of course fully furnished and fitted with washing machine, dryer, dishwasher etc. The house has four bedrooms currently set out as three king or queen size doubles (one downstairs), and a large "dormitory" with two singles and two pairs of bunks, ideal for groups with children. A full bathroom upstairs and a shower and toilet downstairs are served by a double hot water system. Also upstairs is a large storage space for owners personal belongings - ski wear, sports equipment etc.

Downstairs is a large living room with a stone fireplace, and ample storage space. TV, video, hi-fi, phone and fax are of course part of the basic equipment. Outside is a sunny deck with barbecue facilities. The house position in a quiet cul-de-sac ensures both security and privacy and is very close to the common recreational facilities, and only a few minutes walk along tree-lined residential roads from the sandy beach, a mile from the attractive township of Tahoe City.

Included with the house are the use of two swimming pools - an "adults only" pool with a sauna and a hot whirlpool "Jacuzzi", and an attended family pool, four tennis courts and a separate children's playground. The property is provided with automatic structural maintenance by the Homeowners Association which also maintains the grounds and recreational facilities, and the interior has been completely redecorated within the last year.

The most recent professional valuation of this property (January 2006) was $465,000 USD, unfurnished.



Links: Excite.com or Lake Tahoe Cam
         Ski Alpine
         Ski Northstar

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Call +44 (0)1628 486350 for more details
The OwnerGroups Company Ltd. is registered in England, Number 3785644
Registered Office: The Mill House, Boundary Road, Loudwater, High Wycombe, Bucks, HP10 9QN
Copyright © 2006 The OwnerGroups Company Ltd.