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LUXURY HOMES AND LIFESTYLES AROUND THE PENINSULA / WINTER 2016

The

PENINSULA

TRADITIONAL CRAFTSMAN MEETS CONTEMPORARY STYLE LAKE TAHOE WINTER WONDERLANDS BEAUTIFUL BUBBLES


17 MILE DRIVE PEBBLE BEACH OCEANFRONT ESTATE Offered at $49,888,000 | 17MileEstate.com


MICHAEL DREYFUS michael.dreyfus@dreyfussir.com License no. 01121795 Each Office is Independently Owned and Operated.


COMING SOON - FEBRUARY 2017

PR I M E W E S T M E N LO LOC ATI O N 375 SANTA RITA AVENUE, MENLO PARK Price Upon Request | Beds 5 | Baths 4 | Half Baths 2 | Home ±5,500 sf | Lot ±14,000 sf

Each Office is Independently Owned and Operated.

SHENA HURLEY 650.575.0991 shena.hurley@sothebysrealty.com License No. 01152002

SUSIE DEWS 650.302.2639 susie.dews@dreyfussir.com License No. 00781220


ABOUT US Dreyfus Sotheby’s International Realty is a local, full service, boutique real estate company specializing in the sales and purchases of homes in the mid-Peninsula/Silicon Valley area. We have achieved exceptional sales results for our clients using a proprietary Premium Pricing Process fueled by deep local market knowledge. At Dreyfus Sotheby’s, our inspiration comes from a deep involvement and care for the communities we serve. We live and work here. We have intimate knowledge of the local neighborhoods, schools and everything that makes living on the Peninsula so attractive. We see ourselves as community caretakers and we do all we can to help our friends and neighbors make living here a rich experience. This magazine is our tribute to living on the Peninsula — a chance to showcase some of the finest homes available for sale, highlight the neighborhoods that make this area unique, as well as share current trends in local design, style, art and wine.

WINTER 2016 /

COVER STORY

OUR ESSENTIALS

Thinking of Remodeling?

PROPERTY OF NOTE

Traditional Craftsman Meets Contemporary Style

OUR MARKET

The Art of the Auction

06 09

12 Tax Strategies for Selling 16

MICHAEL DREYFUS

ARTS & CULTURE

Broker/Owner

Gamble Garden

SPECIAL GETAWAYS

Lake Tahoe Winter Wonderlands

VINTAGE

Beautiful Bubbles

PENELOPE HUANG Managing Broker

9

19 22 28

ERIK JACOBSEN Chief Marketing Officer

DREYFUS SOTHEBY’S INTERNATIONAL REALTY 728 Emerson St, Palo Alto, CA 94301

640 Oak Grove Ave, Menlo Park, CA 94025 If your property is listed with a real estate broker, please disregard. It is not our intention to solicit the offerings of other real estate brokers. We are happy to work with them and cooperate fully. Sotheby’s International Realty and the Sotheby’s International Realty logo are registered (or unregistered) service marks used with permission. Each Office Is Independently Owned and Operated.

Founder Michael Dreyfus

Printer HomeFolio Media

Publisher/Sales Sandie Timm

Contributing Writers Laura Ness, Kathy Cordova, Marianne Lipanovich

The

Managing Editor Toni Sieling

PENINSULA

Creative Director Phong Giang

Finance Manager Lacey Ragland

Distribution Susan Foster


Before the remodel

OUR ESSENTIALS

Thinking of Remodeling?

After the remodel

What You Need to Know Before You Begin Like many Peninsula baby boomers, my husband and I looked at our Menlo Park home, where we’ve lived since 2005, and decided that this was where we wanted to stay. Although our house was functional with a solid floor plan, it was also 60 years old, and there were some infrastructural details we needed to fix as well as a few areas we wanted to freshen up in the process. I embarked upon this adventure not only to renovate my own home, but also to go through the experience in order to provide more valuable advice to my clients. And I learned a lot! Here are some of my important takeaways: You need a designer — even if you have excellent taste. You may know exactly what you like, from lighting fixtures to countertops, but what you may not realize is that all of those beautiful individual things may not work together to create a harmonious

6 / THE PENINSULA WINTER 2016

whole. Like the two friends you love but who can’t stand to be in the same room together. A good designer can help you incorporate your favorite choices into a consistent aesthetic. Stay in close communication with your contractor and cross check all work in progress. On a big project, you might assume you can leave some of the seemingly smaller decisions up to your contractor. Don’t. Stay involved in the day-to-day decisions and go to the site as often as you can to ensure the execution matches the plan – every day is not too often. You want to avoid re-work at all costs. Beware of “scope creep.” It’s conventional wisdom that when you embark on a remodel, you can expect it to cost twice as much and take twice as long as you originally expected. That wasn’t exactly true for us, but our timeframe and budget both increased as we decided to do more, and chose higher-end materials than

we initially planned in order to make sure the whole house felt consistent. It’s easy to get caught up in the “while we’re at it, we might as well” syndrome so have reserves ready – some amount is likely to be needed. Make sure you and your spouse/ partner are on the same page. You always hear about couples who end up divorced after going through a big remodeling or custom build project. After we decided on a general plan and budget, my husband and I agreed that I would take control of the process and make all the decisions. We stayed with that plan, and I’m delighted to report that we are still together, living happily under our pricey new roof. If you are considering a remodel and would like to hear more, please give me a call. I’m happy to discuss! Colleen Foraker, REALTOR® 650.380.0085 colleen@colleenforaker.com License No. 01349099


OPENING DOORS IN SANTA CRUZ COUNT Y + A S A LWAYS A L S O I N S I LI C O N VA LLE Y I t ’s t im e to m ove to t h e b e ach + f in d yo ur dre a m h o m e n e a r t h e o c e a n

MOV E TOTH E B E AC H .co m

DAW N T H O M A S Yo ur Re a l E s t ate E x p e r t (6 5 0) 70 1 782 2 S il i c o n Va l l ey (8 3 1) 20 5 3 2 2 2 B e ach C o mmuni te s Te a m @ S il i c o nVa l l eyA n dB eyo n d .c o m ARTFULLY UNITING SPECIAL HOMES WITH E X TR AORDINARY LIVES IN THE SILICON VALLE Y AND SANTA CRUZ COUNT Y


IN LOVE WITH THAT NEW HOME? PUT A RING ON IT!

To beat other buyers vying for the house you want, you need to show commitment: • Personal financial modeling that identifies your strongest bid • Reliable pre-approvals • Sterling local reputation for closing loans on time • Opes Advisors’ average time to close for purchase loans was 29 days (as of 10/31/16) compared to the national average of 46 days*

* Origination Insight Report Oct 2016, EllieMae

Call us today to learn how we can help you secure the home you love.

Help when you make the most important financial decisions of your life.

opesadvisors.com | 2875 El Camino Real, Palo Alto, CA 94306 | 650.319.1600 Opes Advisors is licensed by the CA Department of Business Oversight under the California Residential Mortgage Lending Act, License #4150089, CA Bureau of Real Estate 01458652, loans will be made pursuant to the Residential Mortgage Lending Act, CO Registration Regulated by the Division of Real Estate, Idaho MBL8530, Montana Mortgage Lender License #235584, Oregon ML4902, Washington CL1178435, Wyoming #2667 and NMLS 235584. Equal Housing Opportunity Lender. Opes Advisors is a registered investment advisor with the Securities and Exchange Commission (SEC). © 2017 Opes Advisors, Inc. All Rights Reserved.


PROPERTY OF NOTE

Traditional Craftsman Meets Contemporary Style A Professorville Home’s Thoroughly Modern Update Reflects the Best of the Past and the Present BY MARIANNE LIPANOVICH

F

rom the street, this shingle-style home embodies the look and feel of the well-loved Professorville neighborhood of Palo Alto. The two-story home is located on a treelined street within walking distance of downtown. The exterior combines a lush garden and brick-paved driveways and paths with the classic look of an East Coast dwelling, complete with a gabled second story and generous front porch. You could well consider yourself to be returning to an earlier and more gracious era as you walk up to the house. CONTINUED ON PAGE 10 THE PENINSULA WINTER 2016 / 9


Step inside the front door, though, and everything changes. Instead of the expected Craftsman-era woods and separated living spaces, you immediately find yourself in a contemporary open space that’s been thoughtfully redesigned to reflect the way we live today. The result is a home that is surprisingly successful in combining its traditional past with a modern style. “It’s a unique home in a unique neighborhood,” says Michael Dreyfus, who represents the sellers. Much of what makes the home unique comes from the complete renovation of the interior. Although the design acknowledges the historic elements

of the home with features such as French doors, second-story gables and bay windows, it’s now a thoroughly contemporary open space that flows seamlessly from the front entry to the rear garden. White walls and light wood floors reflect the light that streams in from the large windows, resulting in a space that’s bright and open. With three bedrooms, three-and-a-half bathrooms and just over 3,000 square feet, there’s room to spread out, with rooms that are large enough to hold a good number of guests comfortably but small enough to still feel intimate with just a few close friends or family.

The completely updated living room is a comfortable place to relax with friends as well as the perfect backdrop for displaying art and collections. The walls on either side of the reconfigured standalone fireplace have been removed, leaving the structure to serve as the only visual barrier between that room and the dining area and allowing glimpses of the rooms beyond and the back garden. Step around to the dining area and there’s plenty of room for family meals and dinner parties with views to the outside.

THE MAKING OF PALO ALTO’S HISTORIC PROFESSORVILLE In 1883, professors who were joining the faculty of the fledgling Stanford University were offered the opportunity to buy land and build their own homes on a newly purchased 700-acre plot just south of University Avenue near the campus. A little more than 100 years later, what began as part of the answer to how to house a surge of new residents became the first designated National Historic District in Palo Alto. In the years between, this neighborhood south of downtown Palo Alto familiarly known as Professorville in honor of its first residents, has undergone a number of changes, but the sense of community that defined the neighborhood from its beginning remained.

in the Midwest. And as the university and town grew up, the neighborhood became a home as well for non-University employees and others who appreciated its friendly, welcoming feel. It even played a role in the birth of Silicon Valley, as it houses not only the home the Varian brothers grew up in, but also the famous Hewlett-Packard garage.

The newly formed neighborhood quickly filled with the shingle-style and craftsman homes that their owners remembered from their hometowns on the East Coast and

Today these guidelines have resulted in the safekeeping of Professorville’s historic homes, making it one of Palo Alto’s most sought after neighborhoods.

10 / THE PENINSULA WINTER 2016

Later decades saw changes in the neighborhood that caused locals to come together, working to keep the area’s unique charm and one-of-a-kind homes safe from harm. This resulted in a series of architectural guidelines and the eventual historic designation.


The kitchen is completely redone with up-to-date cabinetry and appliances, plenty of storage and counter space and a large sink area overlooking the backyard. Situated on one side of the dining area, it’s open to the rest of the first-floor level without dominating the space. Tucked away to one side, a hall leads to more storage, the guest bath and a workout area. An unexpected bonus found on the first floor is the sunroom-inspired addition that connects the main house with what was originally a separate guest cottage. This window-lined room, which includes doors to both the back and side yards and a skylight set into a modern take on a traditional coffered ceiling, is a step down from the dining area while still maintaining a visual connection. It’s the perfect family room, media room or additional entertaining space.

Now a part of the main house, the former guest cottage has been transformed into a suite that sits to the side and back of the addition. For now, it is set up as a dream home office, complete with its own fireplace and loft, plus a bedroom with attached full bath. A mini-library that’s been cleverly incorporated into the hall connecting the two main rooms takes advantage of what would otherwise be dead space. Though now integrated into the rest of the main floor, it could easily be turned into a first-floor master bedroom suite, an in-law or au pair suite or simply returned to its original purpose as luxurious and separate guest quarters. At the top of the stairway to the second floor, an open hallway is lined with storage and study space, and a laundry area, conveniently closed off, sits to one side. Turn left, and you head into the front guest bedroom;

turn right, and you’re at the master suite. Both rooms are spacious, running the width of the house. The sloping rooflines and dormer windows continue the nod to the home’s past, while the signature white paint, updated lighting, large closets and attached baths signify that these rooms come with the amenities that are part of 21st-century design. The English-style gardens were designed by locally renowned landscape designer Dorrit Kingsbury. The gardens surround three sides of the house and seamlessly connect the exterior with the interior look of the home. Layers of greenery include lawns, formal garden beds and freeform designs. They’re interspersed with brick paths, patios and seating areas to provide plenty of room for relaxing and outdoor entertaining. The look is lush yet also intimate, a perfect juxtaposition that adds the finishing touch to this one-of-a-kind home.

This Palo Alto home was offered for sale by Michael Dreyfus of Dreyfus Sotheby’s International Realty. Reach him at 650.485.3476 or email michael.dreyfus@dreyussir.com

THE PENINSULA WINTER 2016 / 11


OUR MARKET

The Art of the Auction

Successfully Selling a Challenging Property Rudy and Linda spent the last 20 years of their lives building their dream home – an authentic Victorian house on a 1,745-acre cattle ranch in a beautiful, remote valley of Mendocino’s wine country. “Then the strangest thing happened,” said Linda. “We got older. We realized it was time to downsize and spend more time traveling and doing things we enjoyed besides running the ranch.” When they decided to sell, they knew that the buyer for such a unique and expensive property would not be local. They wanted access to a diverse range of affluent buyers, so their attorney recommended Dreyfus Sotheby’s International Realty in the heart of Silicon Valley. After meeting with Chris Iverson and his team, they knew it was a perfect fit.

12 / THE PENINSULA WINTER 2016

“We were very impressed with his professionalism and friendliness,” said Rudy. “He told us that he thought it was a very special place, but he needed to consider carefully how he could market it and come up with a plan. His honesty gave us a feeling of trust. And we felt like the Sotheby’s International Realty brand would attract the kind of upscale buyers we were looking for.”

The couple knew that their property was one-of-a-kind and that it would probably take some time to sell. Chris advised them about the likely three seasons of selling: the first spring that the home was on the market, the next fall and then spring the next year, realizing those times were when the ranch was at its most beautiful and also when more buyers were looking.


Everyone agreed to begin with a private marketing campaign, with Chris getting the word out to his elite agent contacts and his exclusive network of high net worth individuals. He also hired a public relations firm to get article placements about the property in prestigious publications like The Wall Street Journal and Architectural Digest. Still, there was little serious interest in the property. It was time for more creative, perhaps less conventional measures. Auction a Luxury Property? Chris networked with other Sotheby’s agents from all over the country and learned about the luxury auction market. At first, the auction was a leap of faith for the homeowners. “When a property goes up for auction, the auction company estimates the price it will bring. Then the auction house sets a low reserve price. The person can buy the property for the reserve price if there are no other bidders,” said Rudy. “This is guaranteed to make the seller gasp. You are going on faith that the auction company can get more than one bidder and that the sale will be for significantly more than the reserve price.” The reserve price was set at $3 million vs. a previous list price of $8 million, and an appraisal of $6 million. Chris knew that there were distinct advantages to selling this particular property at auction. “In an auction, there are no contingencies,” Chris said. “Imagine a 1,700-plus acre property with five ponds, four

Trayor Lesnock, Founder and President of Platinum Luxury Auctions taking bids for The East Ranch springs, a barn, 24 miles of roads and so much land. How do you manage all the possible contingencies?” The Art of Managing an Auction Platinum Luxury Auction did the full-court press on marketing and the website for the property had over 39,000 hits. Once an auction date was set, buyers started coming out of the woodwork, just as Chris predicted. Chris said, “Once you set an absolute date that the property will be sold, people get serious.” Chris fielded two preemptory offers, but he thought he could do better. His advice to the potential buyers? “Come to the party and bring a lot of cash.”

The Victorian-sized dining room was standing-room only with five active bidders, their associates, Platinum Auction staff, and Chris. Bidding began at $3.1 million and within 15 minutes, the property was sold for more than twice the reserve price! Learn more about this success and our luxury auction expertise at chrisiverson.info

CHRIS IVERSON Dreyfus Sotheby’s International Realty 650.450.0450 chris.iverson@sothebysrealty.com chrisiverson.info License No. 01708130

2190 Ward Way, Woodside | $4.5M FOR SALE

314 Wyndham Drive, Woodside Portola Valley $5.5M SOLD COMING SOON THE PENINSULA WINTER 2016 / 13


Need to talk? We’ll listen. Adolescent Counseling Services (ACS) exists to support the wellbeing of all teens, tweens and young adults in Santa Clara and San Mateo Counties. ACS offers comprehensive on-campus and community counseling, substance abuse treatment, LGBTQQ support services, and educational programs.

Contact us: Phone 650.424.0852 / Email info@acs-teens.org / Website www.acs-teens.org 643 Bair Island Road, Suite 301, Redwood City, CA 94063

Random Acts of Flowers improves the emotional health and wellbeing of individuals in health care facilities by delivering recycled flowers, encouragement, and personal moments of kindness.

random acts O F

F L O W E R S

®

S I L I CON VAL L E Y

Since our 2014 launch, we have delivered hope to more than 16,500 vulnerable members of our community.

Find out how you can help at WWW.RAFSILICONVALLEY.ORG.

“I am (unfortunately) a regular patient at Stanford, but this was the first time I received flowers from RAF. It might seem like such a small gesture to some, but means so much to a patient like myself.”

3 501 Edison Way M enlo P a rk , C A 9 4 0 2 5 • 6 5 0 .8 5 2 .1 4 5 0


GO RG EO U S N E W S PA N I S H CO LO N I A L

• This gorgeous, brand-new, single-story Spanish Colonial home was constructed by Premiere Builders with top-of-the-line quality materials and finishes.

2253 Banyan Court, Gilroy 2253banyanct.com

• The 4,502 sf main house sits on just over an acre and includes a 900 sf guest wing – perfect for a large family, extended family visits or guests.

Main Home ±4,502 sf Guest Home ±271 sf Lot Size ±43,995 sf Offered at $1,899,000

• The modern chef’s kitchen features high-end modern appliances, counters and cabinetry as well as a butler’s pantry with additional refrigerator and dishwasher plus generous storage. • This all-new home is nestled amongst mature oak trees and has fantastic valley views.

Each Office is Independently Owned and Operated.

DAVID GRAY 650.773.1271 david.gray@dreyfussir.com License No. 01363266


OUR MARKET

Have Your Cake and Eat it Too: Tax Strategies For Selling

BY OMAR KINAAN

This home on Santa Margarita Avenue in Menlo Park was leased in 2015 and will be sold using a tax deferred exchange in 2017. When home owners consider selling their primary residence, especially when they have owned it for a long time, one question they will have to ponder is the tax burden of selling. Internal revenue code (IRC) 121 allows a married couple to shelter $500,000 of taxable gain, single person $250,000 of taxable gain, as long as they have lived in the home two of the past five years. For many parts of the country, this is sufficient to make the sale of a primary residence a tax free event. However, locally, where we have had many years of high appreciation, many sellers have taxable gains that far exceed these limits. These would-be sellers feel trapped by the tax consequences of selling their primary residence. Faced with daunting

“One of the main reasons we chose to list our home with Omar was because he created a sales strategy that will greatly reduce our capital gains exposure…we will put that money to work for us in our retirement instead of paying it to the IRS.” john wertzler, menlo park

tax bills, many sellers are opting to stay put, even when their retirement goals are to downsize or move out of the area. For these sellers, tax planning has become an important component of selling. Savvy sellers can consider turning their primary residence into an investment property and defer paying any taxes when selling by using a Tax Deferred Exchange as provided in IRC 1031. IRC 1031 allows you to sell an investment property and buy another “like kind” investment property, deferring any taxable gain from the sale. With careful planning, sellers can combine IRC 1031 and IRC 121, with

some limitations, to shelter up to $500,000 taxable gain and defer the remainder of their taxable gain at the time of sale. These sellers will literally pay no taxes at the time of sale, end up with $500,000 in their pocket and an income producing investment property after selling their home. While owning and managing investment property in one’s retirement may not be for everyone, it can be a way to defer paying large tax bills and can provide investment diversification. Who wouldn’t want to have their cake and eat it too? For a free consultation, please contact Omar Kinaan, REALTOR®.

Individual tax circumstances are unique, sellers are encouraged to seek the advice of their tax advisor. Omar Kinaan is not a tax professional and does not offer tax or legal advice. OMAR KINAAN Dreyfus Sotheby’s International Realty 650.776.2828 omar@kinaan.com kinaan.com License No. 01723115 16 / THE PENINSULA WINTER 2016

590 Military Way, Palo Alto JUST SOLD

448 St. Francis Street, 329 Lincoln Avenue, Redwood City Palo Alto JUST SOLD JUST LEASED


ANNET TE SMITH

IT’S NOT JUST BUSINESS, IT’S PERSONAL . With over 20 years as a top real estate agent, Annette succeeds because she makes business personal. She loves her job and her clients—listening to them, understanding their needs and working hard to meet their real estate goals. Whether you’re a homeowner, navigating all the emotional and physical transitions of selling your house, or a buyer trying to get the best deal in a competitive environment, Annette offers both the expertise of a seasoned real estate agent and the genuine care of a good friend. It’s no wonder that over 90% of her business comes from referrals. 650.766.9429 annette.smith@dreyfussir.com AnnetteSmithHomes.com

Your Menlo Park Realtor

Each Office is Independently Owned and Operated.

“It is no exaggeration to say that Annette knows every square inch of Menlo Park real estate and every working agent in the area.” KJ YOO

“We felt like we could totally put all of our trust and confidence in her and know that she always represented our best interests.” JOY HEREFORD

“As a seller, we had an advocate. She advised us every step of the way and she always made time for us. She made a very difficult process more palatable.” WENDY & ROLF BRAUCHLER


IS THE PROUD SPONSOR OF

GAMBLE GARDEN SPRING TOUR 2017

FRI & SAT ONLY

GATHER IN THE GARDEN APRIL 28 & 29 10:00 AM to 4:00 PM

Each Office is Independently Owned and Operated.


ARTS & CULTURE

Gamble Garden:

An Oasis of Beauty and Tranquility Life is simply better in a garden. Maybe it’s the chance to stop and reflect; maybe it’s just the astounding beauty. The Elizabeth F. Gamble Garden, tucked away on just under three acres in Old Palo Alto, is a precious and uncommon resource for the community. This historic home and garden has a rich history of generosity, education, and beauty. The Garden is open to the public every day of the year during daylight hours and admission is free of charge. For two days every year, the Garden hosts a tour featuring Palo Alto’s finest private gardens. You are invited to visit specially selected gardens designed for outdoor living, dining, lounging, entertaining, or simply hiding away in an oasis of rejuvenation. This year’s tour is April 28–29 from 10 a.m. to 4 p.m.

• Delicious boxed lunches are sold in advance and can be enjoyed at one of the tables set up in the garden at Gamble. They can also be taken “to go.” Enjoying lunch at Gamble Garden during the tour has become a tradition for many annual attendees. • The Spring Tour booklet is a great resource that includes a map of all the featured gardens. Detailed descriptions highlight some of the special plantings at each property. There is also a map that highlights all that is happening at Gamble Garden itself.

• “Over the Garden Fence” is so much more than a rummage sale. The items collected by this committee throughout the year are truly exceptional. Stop by to check out the way these donated treasures are displayed. • Consider visiting a couple gardens on Friday and the others on Saturday. Many people find splitting the event into two days very enjoyable and more leisurely. • Most importantly, put the Gamble Spring Tour on your calendar today! Whether you are an avid gardener, or just enjoy being outside in beautiful settings, you are sure to enjoy this special and memorable event.

Gamble Garden is located at 1431 Waverly Street in Palo Alto. For complete information and to purchase tickets, visit gamblegarden.org. Tickets are also available the day of the Tour for in-person purchase at Gamble Garden. THE PENINSULA WINTER 2016 / 19


THE L AKE TAHOE LIFEST YLE

SHAKESPEARE RANCH, GLENBROOK, NV Lakefront Ranch on 129 Acres | $69M

PINE CONE CIRCLE, INCLINE VILLAGE, NV 3 parcels, shared beach, pier, buoys | $11M

1580 VIVIAN, INCLINE VILLAGE, NV Lakeshore shared beach, pier, buoy | $7,700,000

1273 HIDDEN WOODS, GLENBROOK, NV Sprawling Tahoe Estate Home | $2,895,000

535 LODGEPOLE, INCLINE VILLAGE, NV Large Lakeview Home | $2,699,000

1103 SKINNER, WASHOE VALLEY, NV Sierra Hermosa Estate on 70 Acres | $1,498,000

CLAUDIA THOMPSON REALTOR® 775.233.4014 claudia.thompson@sothebysrealty.com

579 Lakeshore Boulevard, Incline Village, NV Each office is independently owned and operated.


550 & 560 SIERRA SUNSET LANE, ZEPHYR COVE, NEVADA Lakefront estate with 378’ sandy beach, private pier, hoist, 2 buoys on 31 acres. Q&D built in 2004 with 8 en-suite bedrooms game room, theater, family room, gourmet kitchen, butler’s pantry, dining room, wine room, 2 offices, craft room, laundry room, mudroom and 4 car garage. Guest home with 4 car garage and 2 outbuildings. Equestrian barn with 15 stalls, paddocks and irrigated meadow. Caretaker’s home and workshop. Extraordinary opportunity. SierraSunsetTahoe.com

Lexi Cerretti

Dan Spano

775.833.1646 lexi.cerretti@sothebysrealty.com

530.318.1945 dan.spano@sothebysrealty.com Each office is independently owned and operated.


SPECIAL GETAWAYS

Lake Tahoe Winter Wonderlands BY K ATHY CORDOVA

Winter is here in full force. January’s record rainfall here on the Peninsula has left the Sierra peaks covered in wonderful snow. This is the time when many of us begin to dream of our own home close to the ski slopes. Here are three of the most extraordinary Tahoe area properties for sale now. So grab your scarf and mittens, light the fire for the cocoa and get ready to be inspired by some truly enchanting winter wonderlands.

22 / THE PENINSULA WINTER 2016


907 Tyner Way, Incline Village, NV

THE BEST OF INCLINE VILLAGE 907 Tyner Way, Incline Village, NV­ | $4,095,000 One common theme of all of these properties is a fabulous view, and this house in Incline Village is a prime example of the perfect Tahoe vista. The home features views from all four levels, with the most stunning panoramic lake views from the main living area and upper deck on the top floor. An entertainer’s dream, the home also has six bedrooms, all ensuite, a main level great room/kitchen/dining area and lower and upper levels complete with game room, bar and wine cellar. Many rooms have balconies, all with lake views. Aficionados of contemporary Lake Tahoe-style architecture will love the transitional detail throughout the home. The new construction includes breathtaking vaulted ceilings, steel beam accents and a four-story glass elevator for design details. “The home features panoramic lake views from every level, all with smart home systems and every modern amenity—all within ten minutes of skiing, beaches and the charming town center of Incline Village,” says listing agent, Lexi Cerretti. An extra benefit of living in Incline Village is the use of two private beaches for residents only and special access to the recreation center and two golf courses. LEFT: 550 & 560 Sierra Sunset Lane, Zephyr Cove

IF YOU GO: INCLINE VILLAGE EAT: The Lone Eagle Grille at the Hyatt Regency has the best lakefront dining. During the summer they open their Pier 111 Bar, suspended over Lake Tahoe on their floating pier, serving cocktails and light fare. DO: During certain lucky times of the year, you can ski and golf in the same day here. Can we say amazing? STAY: The Hyatt is the only big name hotel in town, although there are plenty of vacation rentals.

CONTINUED ON PAGE 24 THE PENINSULA WINTER 2016 / 23


19150 Glades Place, Northstar, Truckee, CA NORTHSTAR SKI IN SKI OUT 19150 Glades Place, Northstar, Truckee, CA | $8,250,000 Imagine every dream of the perfect luxury ski lodge come to life. First, you would be able to step outside your home, put on your skis and head for the slopes. You would also have easy access to fine dining, lively night life and shopping within a short walk, limo or gondola ride. The home would be perfectly designed for family living and entertaining, as well as featuring exquisite finishes and details, all located in an exclusive, planned community with concierge services available 24/7 and amenities to rival any five-star hotel. Well, pinch yourself, because that dream comes true with this property in the gated community of Mountainside at Northstar. An esteemed builder and renowned architect teamed up to create a home so idyllic that it could only be conceived out of their decades of experience. The best lot in the neighborhood has been purchased, plans have been drawn and this luxury home is ready to be constructed, with the buyer determining the final floor plan and selecting their own finishes. The property is a half an acre with 180-degree views and is projected to be about 6,000 square feet when finished. “It’s a great property for someone who wants a brand new luxury home built to their specifications, but doesn’t want to do everything from scratch,” says listing agent, Breck Overall. 24 / THE PENINSULA WINTER 2016

IF YOU GO: NORTHSTAR EAT: Cocktails at the Ritz, which is at the foot of the mountain, then take the nearby gondola down to the village at Northstar for sushi at Mikuni. It’s as much about the experience as the food! DO: For a slightly different winter activity, try tubing at Northstar. Fun for non-skiers and all ages! STAY: The Ritz-Carlton, Lake Tahoe at Northstar.


550 & 560 Sierra Sunset Lane, Zephyr Cove, NV THE ULTIMATE LAKE TAHOE ESTATE 550 & 560 Sierra Sunset Lane, Zephyr Cove, NV $59,000,000 Here is an exceptional Tahoe home, whether it be for winter snow or summer fun. The lakefront estate spans 30 acres, with almost 400 feet of private, sandy beach. The main residence is almost 17,000 square feet with eight bedrooms, game room with full bar and billiards area, home theater, grand family room, gourmet kitchen with butler’s pantry, formal dining room, wine room with seating, adjoining offices, home gym with steam shower and sauna. The property also includes a separate guest house, caretaker’s home and equestrian facilities with a 15-stall barn. Listing agent Lexi Cerretti sums up the appeal: “This property is a rare find, with stunning architecture on a private, wide sand beach. Lake Tahoe is known for incredible skiing, but summers are unmatched with boating and swimming, just steps from the lakeside patio!”

IF YOU GO: SOUTH SHORE EAT: The Naked Fish serves traditional sushi and special fish not found in other restaurants, complimented by a fine sake list and Japanese beers. DO: Ski Heavenly in the morning and take a dinner cruise tour of Lake Tahoe aboard the M.S. Dixie. STAY: Marriott’s Timber Lodge is located in Heavenly Village, near lots of restaurants and activities. The hotel offers standard rooms, as well as accommodations of up to three bedrooms for families or groups.

THE PENINSULA WINTER 2016 / 25


COVERED PORCH

Homewood Re-Purposing Opportunity

RECEPTION UP

FLOOR ABOVE

BAR

LIBRARY/ BUSINESS CENTER

TV

GALLERY/ SHOWROOM

TV

LOUNGE GARAGE DOOR DINING

UP

MEN’S

TV

MECH.

VIDEO GAME ROOM WOMEN’S

PANTRY

KITCHEN

STOR.

RESIDENCE NO. THIRTEEN at Fleur Du Lac Estates

RESIDENCE NO. NINETEEN at Fleur Du Lac Estates stands as a tribute to the handcrafted mahogany masterpieces that even today grace the waters of Tahoe’s enchanting west shore. Its 3 bedroom + library/den, 4 bath plan and furnishings reflect the genius of Blair Morgan Design from its corner location only steps from beach and the water’s edge. Three wood burning fireplaces enhance the interior ambiance, in particular the magnificent polished granite surround from floor to coffered ceiling in the great room. First time offered in over twenty years and now available at the reduced price of $5,175,000. Furnished for your immediate enjoyment. Private boat slip, tennis, pool, spa and garage included.

offers sophisticated interior finishes of hardwood and polished stone to create a timeless design set amongst lush landscaped grounds to Lake panoramas beyond. Its spacious 3 bedroom + library/den, 4 bath plan flows beautifully, perfectly positioned to capture the interaction of Lake and mountain vistas.Warm southern exposure and wrap around views are always in style at Lake Tahoe. An attached garage, 2 wood burning fireplaces, tennis, pool, spa and private boat slip in the yacht harbor complement this recently reduced $4,295,000 offering.

530.583.1770

CRAIG MILLER Broker Associate

CA BRE.00558115 NV BS.36974

STOR.

OFFICE RAMP

Original home to the Tahoe Maritime Museum which has since outgrown this nearly 6000 sq. ft. space. Beautiful custom structure built in 2008 near the base of the new Homewood Mountain Resort and across the street from Lake Tahoe. Corner lot, elevator, fire sprinklered, 17 on-site parking spaces. Tourist Commercial designation allows a multitude of uses including Residential, Tourist Accommodation and Commercial. Residence? Private Lodge/Club? (see conceptual floor plan at right) B&B? Internet Café? Brew Pub? Let your vision be your guide. $3,650,000

POOL TABLE

ENTRY

Each Office is Independently Owned and Operated

craig.miller@sothebysrealty.com sierrasothebysrealty.com

INCLINE VILLAGE | SOUTH LAKE TAHOE | SQUAW VALLEY | TAHOE CITY | TAHOE DONNER | DOWNTOWN TRUCKEE | STATELINE | HEAVENLY VILLAGE


The ultimate in luxury living on the beach...

TAHOE BEACHFRONT RESIDENCES Starting at $949,000 | Only 9 homes offered tahoebeachfrontresidences.com Set on an expansive white sand beach, Tahoe Beachfront Residences offers a rare chance to own lakefront in Tahoe’s first full-ownership development in decades. Centrally located in downtown Kings Beach, each unit offers stunning lake views and adventure just outside the door. A fresh alternative to Tahoe’s lakefront lifestyle without the cost and upkeep of an estate-sized home. Walk to shops, concerts on the beach, farmer’s market, July 4th festivities, dining and so much more. Brand new with luxury finishes. Furniture packages offered. Construction just completed. Ready for move in today.

Lodge style like no other

Team Soli 775.298.5066 Alex Min 530.320.7232 sierrasothebysrealty.com

Panoramic lake views

916 Lakeshore Boulevard, Incline Village

553 Dale Drive, Incline Village

Offered at $4,250,000

Offered at $2,750,000

Custom home extensively remodeled throughout with a ‘Martis Lodge Style’ feel. As you pull into the circular driveway, you are greeted by a park-like setting and a unique blend of custom architecture. Entertain guests on the sunny deck overlooking beautiful views of Lake Tahoe. This home has Smart Home Technology mixed with custom features that make it like no other home in Tahoe.

After a day of skiing or playing at the beach you are welcomed home to continued panoramic views of Lake Tahoe from almost every room in this custom remodeled home by John Brink. The wide-open floor plan of the living room is an inviting atmosphere for friends and family or entertaining guests while not missing a beat of the activity.

TEAM SOLI

solirealestate.com

Bruce Soli 775.771.5801 Sandy Soli 775.848.4618


VINTAGE

Beautiful Bubbles

Methode Champenoise from Local Vintners BY L AUR A NESS

What better way to spend a winter day than on the Santa Cruz coast, toasting the good life with some fine locally made bubbles? Grab your sweater and a map, and let’s visit two of the best tasting rooms for sparkling wines in the region, Beauregard and Equinox. Don’t worry: they both make still wine, too.

Ryan Beauregard and his assistant winemaker, Megan Bell. Beauregard Vineyards is located at the historic site of the Lost Weekend Bar, also the original Bonny Doon Winery tasting room location, in the charmingly tiny hamlet of Bonny Doon. Inside the cozy cabin-like tasting room, with stunning redwood bars and tables, the old wood stove cranks out plentiful heat on the chilliest of days. When the weather shines, bring a picnic and relax in the magnificent redwood grove.

Fourth generation winegrower Ryan Beauregard embarked on his Methode Champenoise project six years ago, throwing his heart and wallet fully into it. Beauregard and assistant winemaker, Megan Bell, do everything in-house, enjoying the simple, time-consuming task of giving each bottle a quarter turn every other day. They’ll never recover their investment in these wines, but they sell every bottle they disgorge. Currently 3,000 bottles are resting in riddling racks. It’s been an experiment in patience, Ryan says.

There is nothing quite like that first sip of 2013 Beauregard Blanc de Blanc: it flies right to the roof of your mouth with its crisp apple and smack of quince. It evanesces as gracefully as a swan, gliding onto and over your palate with a kiss of tiny bubbles. The 2010 Brut Nature Rosé, a faintly pink debutante of 70 percent Pinot Noir and 30 percent Chardonnay, sings with the clarity of a carillon. Beautiful. Says Beauregard, “It’s easy to be into it, because we love it.”

Beauregard Vineyards’ tasting room is located at 10 Pine Flat Road, Santa Cruz. For more information visit beauregardvineyards.com 28 / THE PENINSULA WINTER 2016


The Baron of Bubbles Barry Jackson, Proprietor of Equinox. Truthfully, though, it isn’t easy: just ask Barry Jackson when you get to the colorful and relaxing Equinox tasting room at Swift Street Court, about 15 minutes from Beauregard. Proprietor Barry Jackson’s been making sparkling wine for decades now: he’s become the Baron of Bubbles throughout the central coast, making sparkling for Bonny Doon, La Rochelle, Scheid, Wente, Windy Oaks and many others. He has about 5,000 cases under his care – and each bottle ends up being handled around 100 times during the entire process, which takes a minimum of two years. Some projects take far longer.

The tasting room at Equinox.

Observes Jackson, “It’s a miracle really. You start with something intrinsically unbalanced: the grapes are highly acidic, the sugars almost nonexistent – by itself, quite unpleasant. But you put it through this series of manipulations to create something that is so much greater than the sum of its parts.” On making sparkling, he says, “You are an interventionist by necessity. If you’re making still wine, you just get out of the way!” In the Equinox tasting room a choice of bubbles and still wine flights are offered, as well as a combo. Start with the 2012 Monterey Blanc de Blanc, which tastes like a pleasing cruise through a crisp fall apple orchard. By adding a touch of Petit Verdot to this

base wine, he created a lovely rosé sparkler, fresh with a smack of berry jam. The 2001 Extended Tirage Blanc de Blanc is all honey and hazelnuts: rich, smooth and supple, while the 2001 Brut Reserve (75 percent Chardonnay, 25 percent Pinot) is yeasty and vanilla, pure apple pie with a spicy smoke from the Pinot. Jackson’s still got a few bottles of 1992 Trout Gulch Blanc de Blanc that was en tirage (on the yeast) for 19 years: it’s toasted brioche. Says Jackson, “I took the road less travelled… Champagne is what we do instead of having money!”

The Equinox tasting room is located at 334 Ingalls Street, Unit C, Santa Cruz. For more information visit equinoxwine.com While visiting Equinox in Swift Street Courtyard, you’ll find several other wine tasting rooms; Kelly’s French Bakery; El Salchichero, a butcher specializing in house cured meats; West End Tap and Kitchen, Santa Cruz Mountain Brewing. Nearby, Marini’s Candies, Verve Coffee, New Leaf Market and more. For more information visit santacruzlife.com/swift-street-courtyard Photo of Ryan Beauregard by Laura Ness. All other photos by Denise Donegan. THE PENINSULA WINTER 2016 / 29


2505 White Pine Lane, Park City

PREMIER SKI ESTATE IN A SUPERB LOCATION This meticulously constructed White Pine Ranches estate resides in the trees on 4.73 acres of natural pine forest, just minutes from Old Town. A large porte-cochère welcomes you to the entrance, with 500 year-old European hand-carved doors opening into a grand great room area with a floor-to-ceiling fireplace. Other fine features include venetian plaster walls, copper clad windows, Montana log beams, and hand-scraped alder doors and cabinetry. Each bedroom has an en suite bath, walk-in closet, and fireplace. Main-level living is also an option here, with a luxurious master suite and office. Enjoy peaceful moments on the radiant heated back patio with a built-in hot tub. This magnificent ski property has an oversized 4-car garage, is well-suited as a horse property, and has the option to add two additional structures. Enjoy a short walk or ride up to the Tombstone Chairlift to ski 7,300 acres of Vail’s managed terrain. 4 Bedrooms | 4.5 Bathrooms | 13,289 Square Feet | 4.73 Acres | Offered at $7,100,000

SCOTT MAIZLISH

ASSOCIATE BROKER PARK CITY REAL ESTATE SPECIALIST 435.901.4309 Scott.Maizlish@sothebysrealty.com ScottMaizlish.com


2338 W Red Pine Road, Park City

Incredible Ski-In/Ski-Out Home with Direct Access to Canyons Village at Park City Mountain 5 BD | 8 BA | $6,750,000 6140 Trailside Drive, Park City

Ski Run Views from Spectacular 5,820 SF Home 4 BD | 5 BA | $2,049,000

24706140 E Deer Trailside Valley Drive, Drive, Park Park City City

Furnished and Updated Lower Deer Valley Condo 2 BD | 3.5 BA | $895,000

LIVE YOUR DREAM IN PARK CITY More than 7,300 acres of skiable terrain at Park City Mountain Resort More than 2,026 acres of skiable terrain at Deer Valley® 35 minutes from Salt Lake City Int’l Airport 300+ inches of annual snowfall Year-round activities for the outdoor enthusiast Nine golf courses in a 20 mile radius

Scott specializes in working with sophisticated buyers and sellers interested in the most exclusive areas of Park City. Visit ScottMaizlish.com to learn more. ©MMXVII Sotheby’s International Realty Affiliates LLC. All Rights Reserved. Sotheby’s International Realty® is a licensed trademark to Sotheby’s International Realty Affiliates LLC. Equal Housing Opportunity. Each Office is Independently Owned & Operated. Information deemed reliable, but not guaranteed. Square footage is an estimate only.


Each Office is Independently Owned and Operated.

SILICON VALLEY ESTATE PROPERTIES.DREYFUSSIR.COM/LOSALTOSHILLS Offered at $88,000,000

MICHAEL DREYFUS michael.dreyfus@dreyfussir.com 650.485.3476 License no. 01121795

The Peninsula - Winter 2016  

Winter 2016

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