Lake Tahoe Penthouses Up For Sealed Bid

The 80|50 Northstar Private Residence Club is holding a sealed bid event for two whole ownership penthouses at the Lake Tahoe club. The penthouses, which both measure over 1,800 square feet with a generous balcony are on the fifth floor and come with amenities such as a country club membership, chauffeured Land Rovers and Formula boat for owners and hotel style service that includes housekeeping, in-room spa treatments and private chef services. The penthouses both have spa tubs and waterfall showers, elegantly furnished rooms with four-poster beds and LCD televisions, a Boston home theater system and kitchens with granite countertops and Wolfe and Sub Zero stainless steel appliances.
The club is located in the new Northstar Village. The primary ski gondola for the resort comes out of the 80|50 Northstar™ lobby which gives owners VIP "cut in line" privileges to the gondola. The resort also features a private Owners Lounge, wine bar, indoor-outdoor spa, private heated patio lounge, fitness center, sauna, underground parking, owner storage and ski storage. The deadline for bids is July 15 and the suggested opening bid is $3.5 million.
The majority of the residences at the club will be fractional ownership. Each villa has twelve owners for a minimum of four weeks per year, including 14 winter days and 14 summer days each year.
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