Homes
Montreux Homes for Sale: Featured Property at 6025 Lake Geneva Drive
- – Luxury Property located in Montreux Golf and Country Club
- – $8,200,000
- – 6 Bed /5.5 Bath / 2 Half Bath/ 2 Offices 4 Car Garage
- -9,691 Square Feet
Elegance at its Best!: 6025 Lake Geneva Drive
The home is located in the prestigious community of “Montreux Golf and Country Club”, a
private manned gated community in Reno, Nevada. You will find an unparalleled blend of
sophistication, comfort and functionality. It is nestled amongst the pine trees with a lush garden
which provides a tranquil privacy.
Upon entering the home you are transported to a true French country estate decorated primarily
with French country antiques and hints of modern touches throughout. Pass through the entry
foyer where you are greeted by a formal living room showcasing a cathedral ceiling with hand
crafted beams. The towering windows outfitted with automated blinds invite the majestic beauty
of the garden and fountain inside the room. The adjoining double sided wood burning fire place
adds warmth and atmosphere to both the living room and the formal dining room. The kitchen is
equipped with top-of-the line appliances from Sub-Zero, Wolf, Viking and Bosch. A large walk-in
pantry offers an abundance of storage. Just off of the main floor gallery is a spacious den/office
featuring a coffered ceiling as well as a dedicated room used for filing cabinets and a safe.
Continuing further down the gallery is a theater featuring a 4 foot tall by 7.6 foot wide retractable
projection screen, an en suite bedroom that would be perfect for an aide or a second office, and
a laundry room directly across from the elevator that services all three floors.
Ascend a marble staircase with hand crafted iron banisters to the second floor where you will
find a charming library. Across the library is the primary en suite bedroom with a bathroom with
marble flooring and counter tops, steam shower, jetted tub, towel warmer, Toto toilet and bidet
and a custom closet. As you follow the second floor gallery with walnut flooring, there are three
separate en suite bedrooms, plus a large recreation room for the family to play and share
special moments. All the bedrooms have cathedral ceilings with handcrafted wood beams. A
small nursery is also available across from one of the bedrooms.
The home is equipped with built-in speakers and controlled by Sonos equipment.
The basement consists of a temperature-controlled wine cellar that holds up to 820 bottles, a
storage room and a water softening system.
The outdoor beckons you with lush landscaping, the sound of Galena creek, views of Mount
Rose and multiple paver patio areas to entertain.
Montreux offers an abundance of walking trails for its residents. Montreux members can enjoy
access to an 18-hole Jack Nicklaus Signature Championship Golf Course (Par 71), a golf shop
and several state-of-the-art indoor golf practice facilities outfitted with Trackman simulators.
Members also have access to tennis courts, swimming pools, bocce ball and pickle ball courts.
A fitness center features Trex, pilates reformer equipment, daily group exercise classes and
individual instruction. To cater to all of your dining needs, Montreux clubhouse offers two
exceptional options, one fine dining and the other a casual daytime grill.
A mere ten minutes to Mount Rose ski area, 25 minutes to the beaches of Incline Village and 20
minutes to Reno/Tahoe International Airport. Also remember, NO STATE TAX .
Call or email me at 775-750-1901 or louise@montreuxreno.com
Features and Upgrades:
Kitchen
2 New Wolf Ovens
Wolf Gas Cooktop
Viking warmer Draw
New Viking Microwave
2 Bosch Dishwasher
Sub Zero Fridge & Freezer
2 Vegetable drawers
Large walk-in pantry
Primary Suite
Jetted tub
Large walk-in closet
Steam Shower
Large private patio
Marble flooring
Cathedral Ceilings
Office
Built-ins
Separate room for filling cabinets
Located on the main floor.
Bedrooms
5 Bedrooms en suite, 3 have cathedral ceilings.
Nursery
Formal Library
Beautiful Built-in bookshelves
High ceilings
Elevator to all 3 floors
Wine Cellar
Temperature controlled. New Cooler
Holds up to 820 Bottles.
Systems
4 New Air conditioners
4 new Furnaces
Replaced all humidifiers.
Upgraded Fire Retardant Sprinklers upgraded.
Central Vacuum
Security System
Dual recirculating hot water heaters
All bulbs changed to LED.
Most smoke detectors are hard wired.
New Water softener & Water infiltration system for
entire house
2 sump pumps
Miscellaneous
Waterfall feature out side
Theater
Copper gutters with heat tapes and snow hooks
Speakers thru out home
Large 3 car garage with sink
ADDITIONAL PROPERTIES FOR SALE IN MONTREUX:
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Rents Surge in Reno
Rents in the Reno-Sparks area have once again in the fifth quarter in a row increased. The average rent for an apartment reached $1,6o7 during the second quarter of this year, a record-breaking trend that has continued since the second quarter of 2020. Due to the strong demands of renters who are already struggling to find affordable homes in this market, this is bad news. The single family home in the Reno-Sparks area remain at a record high of $530,000 in September, according to the Reno/Sparks Association of realtors. I personally have seen some leveling out in the past couple of months but it still remains a sellers market if the home is not overpriced.
Most of the new renters, about 40% are coming from the California area. Mainly to get away from California and Reno being more affordable. Vacancies are below 1% in 3 areas in Reno. The Northeast, Southwest and West Reno.
“Just over 4,000 apartment unites are currently under construction in the Reno – sparks market, with over 5,900 unites in the planning stages,” the Johnson Perkins Griffin report said. “Due to the Covid-19 pandemic, it is likely that development of planned unites will be delayed in the short term, until the ultimate impact of the pandemic is know.”
The big question is to buy or not to buy? Where in the past if something came on the market it would virtually disappear right away and there would be multiple offers on the table. People where not doing inspections and willing to pay above appraisal value. However today inventory is slightly higher but not as intense as it used to be and not as many multiple offers on the table. It might be a good time now for buyers to once again start looking. Interest rates a still low, however there is talk that in the near future they will be going up. Inflation could become a concern as the costs of goods and gas continue to increase, the Feds might raise interest rates to counter act this.
I have seen homes in the luxury market sitting longer than usual on the market. I do believe this is due to the fact that many are over priced and due to the holidays sales will decline a little,however in the New Year will once again surge… what with Nevada being a tax friendly state and our incredible outdoor life we have here.
Reno Home Prices rise 20% in April
Industry analyst Brian Bonnenfant said he’s “definitely” seeing real recovery in the region’s long suffering housing sector. April home prices jumped more than 20 percent compared with last year in the Reno/Sparks market, according to a report. Once again we believe this is true due to the inventory of for-sale homes being so limited. As a result this has also affected New home sales. About 300 new homes were sold, a 150 percent increase, compared to the first quarter of 2012, said Bourdeau, who is a real estate agent with Keller Williams Realty Group One.
As a result of what is happening to the market in the Reno/Sparks area, we have seen a drop in the unemployment to fall below 10%, down from 14% during the recession. Washoe County’s taxable sales have also increased for three consecutive months in Nevada. We also had the highest home appreciation in the nation at 24.5 percent.
In little more than 2 years, Washoe’s median sales price has risen more than 60 percent from its recession low of $135,000 in January 2012, but it is still well below the pre-recession high of $350,000 in the third quarter of 2005. Today the median sales price of a home is $222,000 in the Reno area. Washoe median sales price is $218,000 and Sparks is $195,000. Many buyers now have higher qualifications guidelines and we are seeing tons of cash where last time there were a lot of people who really should’t have been buying.
With low inventory of homes for sale and a growing buyers market we expect to continue this trend. This might be the right time for sellers to consider listing their homes. In Montreux we are seeing lots once again selling to buyers who cannot find a luxury home that suites them and are choosing to build their dream home. Our inventory is so low with only 15 homes on the market at present.
Reno housing market has fewer homes underwater.
For the first time the Reno’s housing market has joined the growing list across the country of metropolitan areas recovering from one of the worst housing crises in decades. It continued to show improvement in January. Reno has seen a 4.7 percent growth in building permits since its low in June 2009, a 12.3 percent increase in home prices since February 2012 and a 3.3 percent improvement in employment since February 2012. All good sign’s that we are once again moving towards a healthier market.
A limited sales inventory of existing homes – has increased the median sale price, according to the Reno/Sparks Association of Realtors February report. In January 2012 the median home price was $135,000, today it has jumped to $182.500. It has also been noted that over 4,000 new Reno/Sparks homeowners no longer had “underwater” attached to their homes during the fourth quarter of 2012, according to a report released Tuesday by analytic firm Corelogic. Negative equity, also known as being “underwater” or “upside down, means that the homeowner owes more than their home than it is worth.
Nevada’s state attorney general and the head of a Las Vegas nonprofit consumer counseling agency unveiled a program and an advertising campaign on Monday aimed at giving distressed homeowners facing foreclosure a free one-stop place to seek counseling, referrals and legal support. This program is to help those residents facing foreclosure or have lost their homes, as well as those seeking loan modifications or who are current but underwater on their home loans. It will also help people who are working toward home ownership. Money for the Home Again program comes from $57 million Nevada received from five of the nation’s largest banks as part of a national foreclosure settlement last February.
Arrowcreek, Galena, Montreux, Saddlehorn and Scotch Pines Real estate
I had the pleasure last weekend to take out 2 clients to show them property in the Arrowcreek, Galena Forest, Scotch Pine, Saddlehorn and Montreux areas. We saw at least 30 homes and about 6 lots.
ArrowCreek has some incredible buys with a few foreclosures and a number of Short Sales. Lots have great views of down town Reno. 29 Rabbit Brush Ct. is a FORECLOSURE, 5,288 sqft, $683,000 and lovely views of the mountains, a great deal…I loved 1055 Indian Summer Court, modern, simple and great views of down town as well as a great price, this home is a short sale. There are many more, so feel free to contact me and I will send you a list.
Saddlehorn is one of my most favorite places in Reno, family friendly with lots of hiking trails and one that connects to the Whites Creek trail as well. We saw at least 4 homes there ranging in price from $500 to $900 thousand. 4195 Wild Quail Court, $4,542 sq ft $850,000 was one of my favorites.
Moving up to the Montreux Golf and Country Club area, we saw numerous lots, good prices and a number of nice homes in Montreux. One cottage 6365 Wetzel Court, 2,259 sq ft is going up for auction at Montreux on January 25 at 10.30 am. Opening bid is $50,000
The one home in Galena Forest Estates on 145 Twinberry Circle is fantastic, must be a 2nd home as it looks brand new and is furnished so tastefully, I would include the furniture in what ever I offered for the home… 3,800 sq feet, asking price $799,000. Another beautiful home in Galena is 1670 Green Ash Rd, 7,166 sqft, $1,700,000 1.67 acres and a 4 car garage, single story and HOA fees are only$17 per month.
Scotch Pines has great lots forsale and the one home on 102 W Jeffrey Pine Road, which is a FORECLOSURE, is lovely however needs some work, quite modern inside, simple and views of down town. Then there is 208 N Big Sage Lane 4,505 on 1 acres for $1,250,000. This home feels like you are one with nature as the outside flows into the home with its large windows and forested setting. All in all it was a great weekend and I had a happy more educated client at the end of the 3 days.
If you or anyone you may know have real estate questions or inquiries in the Montreux, Galena Forest, ArrowCreek, Saddlehorn, St. James or Scotch Pines areas, please contact Louise Simpson by email at louise@montreuxgolf.com or by cell at (775) -750-1901.
