{"id":108,"date":"2014-01-15T20:31:21","date_gmt":"2014-01-16T01:31:21","guid":{"rendered":"https:\/\/sierrasothebysrealty.blog\/2014\/01\/15\/market-watch-legacy-home-gifting\/"},"modified":"2014-01-15T20:31:21","modified_gmt":"2014-01-16T01:31:21","slug":"market-watch-legacy-home-gifting","status":"publish","type":"post","link":"https:\/\/www.sothebysrealty.com\/sierrasir\/blog\/2014\/01\/15\/market-watch-legacy-home-gifting\/","title":{"rendered":"Market Watch \u2013 Legacy Home Gifting"},"content":{"rendered":"<p>Legacy Home Gifting is a growing trend in today\u2019s <a href=\"http:\/\/www.sierrasothebysrealty.com\/eng\">luxury housing market<\/a> and something Sierra Sotheby\u2019s International Realty has been keeping a close eye on for the past several years.\u00a0The act of \u201cLegacy Gifting\u201d is when a buyer makes a real estate investment with the intention of leaving it as a legacy for generations to come, such as purchasing a ski property in Kirkwood, California with the sole purpose of benefitting the entire family.\u00a0<a href=\"http:\/\/www.bloomberg.com\/video\/redefining-real-estate-legacy-home-gifting-mYKZelHbTD68mnQeqHGQoA.html\">Sotheby\u2019s International Realty CEO Phillip White, expands on this concept in an interview<\/a><\/p>\n<p>All-inclusive retreats that offer an abundance of recreational activities such as golfing, skiing, horseback riding, hiking, and fishing top most buyer\u2019s wish lists, in addition to shopping, fine dining, and the arts.\u00a0Attaining a lifestyle, whether <a href=\"http:\/\/www.historicpropertysir.com\/eng\" target=\"_blank\" rel=\"noopener\">historic<\/a>, <a href=\"http:\/\/www.sierrasothebysrealty.com\/eng\/sales\/usa\/broker-listings-dstype\/waterfront-lstyle\/gallery-view\">waterfront<\/a>, or <a href=\"http:\/\/www.sierrasothebysrealty.com\/eng\/sales\/usa\/broker-listings-dstype\/resort-lstyle\/skiing-lstyle\/gallery-view\">ski oriented<\/a>, is at the core of what makes legacy gifting so appealing. Pricing for legacy properties can run the gamut, and span a variety of lifestyles like a\u00a0<a href=\"http:\/\/www.sierrasothebysrealty.com\/eng\" target=\"_blank\" rel=\"noopener\">waterfront villa in Lake Tahoe<\/a>, to a\u00a0<a href=\"http:\/\/www.sierrasothebysrealty.com\/eng\/sales\/detail\/301-l-896-20258794\/285-palisades-kirkwood-ca-95646\">ski-in\/ski-out retreat in Lake Tahoe\u2019s Kirkwood<\/a>.\u00a0Below we highlight a few stunning examples.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"3058\" data-permalink=\"https:\/\/www.sothebysrealty.com\/sierrasir\/blog\/2-13\/\" data-orig-file=\"https:\/\/www.sothebysrealty.com\/sierrasir\/blog\/wp-content\/uploads\/2021\/06\/2-1.png\" data-orig-size=\"434,434\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"2\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.sothebysrealty.com\/sierrasir\/blog\/wp-content\/uploads\/2021\/06\/2-1.png\" class=\"aligncenter size-full wp-image-3058\" alt=\"Sierra Sotheby's International Realty_285 Palisades\" src=\"https:\/\/www.sierrasothebysrealty.com\/blog\/wp-content\/uploads\/2014\/01\/Sierra-Sothebys-International-Realty_285-Palisades.jpg\" width=\"4103\" height=\"2736\" \/><\/p>\n<p><a href=\"http:\/\/www.sierrasothebysrealty.com\/eng\/sales\/usa\/broker-listings-dstype\/resort-lstyle\/skiing-lstyle\/gallery-view\">SKI LIFESTYLE<\/a> |\u00a0285 Palisades in Kirkwood, California pictured above is listed at $3,195,000 and represents the finest of Kirkwood\u2019s ski-in, ski-out neighborhood. The retreat is located between two express chairs and two villages, providing easy access to skiing, dining, and the rest of Kirkwood\u2019s world-class amenities. To own this legacy home is to own a part of Kirkwood\u2019s renaissance, as Vail has plans in store for massive changes to this mountain.<\/p>\n<p><b><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"3059\" data-permalink=\"https:\/\/www.sothebysrealty.com\/sierrasir\/blog\/3-9\/\" data-orig-file=\"https:\/\/www.sothebysrealty.com\/sierrasir\/blog\/wp-content\/uploads\/2021\/06\/3.png\" data-orig-size=\"434,434\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"3\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.sothebysrealty.com\/sierrasir\/blog\/wp-content\/uploads\/2021\/06\/3.png\" class=\"aligncenter size-full wp-image-3059\" alt=\"Sierra Sotheby's International Realty_1150 #1 Hwy 50\" src=\"https:\/\/www.sierrasothebysrealty.com\/blog\/wp-content\/uploads\/2014\/01\/Sierra-Sothebys-International-Realty_1150-1-Hwy-50.jpg\" width=\"3888\" height=\"2592\" \/><\/b><\/p>\n<p><a href=\"http:\/\/www.sierrasothebysrealty.com\/eng\/sales\/usa\/broker-listings-dstype\/waterfront-lstyle\/gallery-view\">WATERFRONT<\/a>\u00a0|\u00a0The spectacular show place located at\u00a0<a href=\"http:\/\/www.sierrasothebysrealty.com\/eng\/sales\/detail\/301-l-921-20471337\/1150-1-highway-50-glenbrook-nv-glenbrook-nv-89413\" target=\"_blank\" rel=\"noopener\">1150 #1 Highway 50\u00a0<\/a>in\u00a0<a href=\"http:\/\/www.sierrasothebysrealty.com\/eng\/sales\/usa\/broker-listings-dstype\/gallery-view\" target=\"_blank\" rel=\"noopener\">Lake Tahoe<\/a>, Nevada is listed at $6,750,000 and provides the ultimate\u00a0<a href=\"http:\/\/www.waterfrontpropertysir.com\/eng\" target=\"_blank\" rel=\"noopener\">waterfront lifestyle<\/a>\u00a0with\u00a0water skiing, and boating right outside your door.\u00a0From the first step off the elevator into the beautifully designed courtyard you are entranced\u00a0by panoramic lake views. Lush gardens and free flowing water features, in addition to a prime location in Glenbrook, make this home a highly desirable and timeless legacy property.<\/p>\n<p><b><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"3061\" data-permalink=\"https:\/\/www.sothebysrealty.com\/sierrasir\/blog\/5-10\/\" data-orig-file=\"https:\/\/www.sothebysrealty.com\/sierrasir\/blog\/wp-content\/uploads\/2021\/06\/5.png\" data-orig-size=\"434,434\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"5\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.sothebysrealty.com\/sierrasir\/blog\/wp-content\/uploads\/2021\/06\/5.png\" class=\"aligncenter size-full wp-image-3061\" alt=\"Sierra Sotheby's International Realty_Buffalo Creek Ranch\" src=\"https:\/\/www.sierrasothebysrealty.com\/blog\/wp-content\/uploads\/2014\/01\/Sierra-Sothebys-International-Realty_Buffalo-Creek-Ranch.jpg\" width=\"2250\" height=\"1500\" \/><\/b><\/p>\n<p><a href=\"http:\/\/www.sierrasothebysrealty.com\/eng\/sales\/detail\/301-l-2243-21124115\/301-five-creek-road-gardnerville-nv-89460\">FARM AND RANCH<\/a> | A home\u2019s prestige as well as its income potential are leading factors cash buyers take into consideration in their search for a legacy property. Buffalo Creek Ranch, located at 301 Five Creek Road in Gardnerville, Nevada is a picturesque 34-acre boutique agricultural hillside estate with acres of fruit and nut orchards, pasture, and award winning eight-acre vineyard with 5,000 vines and 15 tons of annual production sold to Tahoe Ridge Winery. Buffalo Creek Ranch is fabulously nostalgic from its Jack Daniel\u2019s train station with a fully restored 1923 caboose poker parlor to its firehouse complete with its own 1962 fire truck. To own this property is to continue a 14-year legacy of one of the most distinctive properties in the west.<\/p>\n<p>Are you interested in any of the legacy properties shown here? Contact one of our <a href=\"http:\/\/www.sierrasothebysrealty.com\/eng\/associates\/usa\">local experts<\/a> to find out more about extraordinary legacy homes in <a href=\"http:\/\/www.sierrasothebysrealty.com\/eng\/sales\/usa\/broker-listings-dstype\/gallery-view\">Lake Tahoe<\/a>. Contribute to the conversation using #SierraSothebys, #LakeTahoeLuxury, or post a comment to our <a href=\"https:\/\/www.facebook.com\/#!\/groups\/SierraSothebys\/\">Facebook page<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Legacy Home Gifting is a growing trend in today\u2019s luxury housing market and something Sierra Sotheby\u2019s International Realty has been keeping a close eye on for the past several years.\u00a0The act of \u201cLegacy Gifting\u201d is when a buyer makes a real estate investment with the intention of leaving it as a legacy for generations to [&hellip;]<\/p>\n","protected":false},"author":248546753,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_wpcom_ai_launchpad_first_post":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"{title}\n\n{excerpt}\n\n{url}","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpas_customize_per_network":false,"jetpack_post_was_ever_published":false},"categories":[1359,1362,1365,1370,1373],"tags":[1386,1406,1450,1564,1637,1841],"class_list":["post-108","post","type-post","status-publish","format-standard","hentry","category-california-real-estate","category-feature-homes","category-nevada-real-estate","category-sierra-sothebys-international-realty","category-tahoe-luxury-real-estate-2","tag-laketahoeluxury","tag-sierrasothebys","tag-buffalo-creek-ranch","tag-kirkwood","tag-legacy-home-gifting","tag-tahoe-lakefront-homes"],"jetpack_publicize_connections":[],"jetpack_likes_enabled":true,"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/pfNAru-1K","jetpack-related-posts":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/www.sothebysrealty.com\/sierrasir\/blog\/wp-json\/wp\/v2\/posts\/108","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.sothebysrealty.com\/sierrasir\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.sothebysrealty.com\/sierrasir\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.sothebysrealty.com\/sierrasir\/blog\/wp-json\/wp\/v2\/users\/248546753"}],"replies":[{"embeddable":true,"href":"https:\/\/www.sothebysrealty.com\/sierrasir\/blog\/wp-json\/wp\/v2\/comments?post=108"}],"version-history":[{"count":0,"href":"https:\/\/www.sothebysrealty.com\/sierrasir\/blog\/wp-json\/wp\/v2\/posts\/108\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.sothebysrealty.com\/sierrasir\/blog\/wp-json\/wp\/v2\/media?parent=108"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.sothebysrealty.com\/sierrasir\/blog\/wp-json\/wp\/v2\/categories?post=108"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.sothebysrealty.com\/sierrasir\/blog\/wp-json\/wp\/v2\/tags?post=108"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}