Vacation real estate private equity firm, Equity Residences, recently acquired a new home in the Northstar Resort at Lake Tahoe, continuing their focus on generating strong investment returns for their investors. Designed by renowned architect Bohlin Cywinski Jackson, the residence is located mid-mountain near the Ritz-Carlton Northstar.
This modern, progressive interpretation of the mountain home offers an escape with contemporary design and timeless comfort. Features include floor-to-ceiling windows for spectacular views of the Sierra Nevada and generous indoor and outdoor spaces for bringing families together.
Guest and Investors in the Platinum fund can ski or snowboard directly out of the back door from this spectacular residence. At the end of the day, they can glide back home and hang their boots on the boot warmer in the ski room before enjoying the outdoor hot tub and fire pit.
There are expansive views of the Sierra Nevada from the living room or gourmet kitchen, which features Sub-Zero, Wolf and Bosch appliances, whitewashed hickory floors and cabinets. The media room is complete with big screen, pool table and sectional sofas. There is even a children's play area downstairs. And guests will have happy feet on those cold winter nights thanks to radiant floor heating.
This 4-bedroom, 3.5- bathroom, 3,500-sq-ft mountain home sleeps up to 14, including dual master bedrooms with ensuite baths, so there's ample space for two families to share.
The Northstar residence joins their Equity Platinum Fund which requires a minimum investment of $130,000 and includes the ability for no annual operating fees and the opportunity for an annual dividend. The investment includes access to hundreds of vacation residences around the world through their partnerships with Elite Alliance and 3RDHome.