Nevada

US Imposes Continued Water Cuts on Arizona, Nevada, Mexico

Published

2 years ago

August 16, 2024

Arizona, Nevada, and Mexico will face the same water restrictions from the Colorado River next year that they are experiencing this year, announced the US government on Thursday. Despite recent water-saving efforts, the long-term issues for the 40 million people relying on the river persist. The Colorado River is essential for the Western US, supporting seven states, numerous Native American tribes, and vast farmland, while also generating regional hydropower.

The new cuts will maintain the currently established “Tier 1” reductions, with Arizona losing 18% of its water allocation and Mexico 5%. Nevada, having the smallest allocation, will continue experiencing a 7% reduction. The figures—which are calculated based on Lake Mead water levels—are released months ahead of time so that cities and farmers can prepare.

The cuts were first introduced in 2022 to address the river’s critical state due to years of overuse and rising temperatures. Although predictions for Lake Mead and Lake Powell, which are only at 37% capacity, have slightly improved due to rain and conservation efforts, challenges loom. A number of the guidelines that direct water usage from the river expire in 2026. (This story was generated by Newser’s AI chatbot. Source: the AP)

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Nevada

Mansion on the Nevada Side of Lake Tahoe Swiftly Sells for $46 Million

Published

2 hours ago

February 27, 2026

Press Room

Mansion on the Nevada Side of Lake Tahoe Swiftly Sells for Million

A waterfront mansion on the Nevada side of Lake Tahoe just sold for $46 million, less than three weeks after hitting the market.

The speedy deal marks a departure from the typical U.S. market.

Nationwide, homes took a median 78 days to land a buyer in January, five more than the same time last year and the 22nd straight month of homes taking longer to sell on a year-over-year basis, according to data from Realtor.com.

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The lavish log cabin-like residence, in Incline Village, listed on Jan. 24 for $47.5 million. It sold 20 days later, on Feb. 13, listing records show.

The more than 7,000-square-foot residence was built in 2014, and has double-height living spaces, walls of windows, beamed ceilings, fireplaces, and plenty of rustic exposed stone and wood, listing images show.

There’s also a gym, a wet bar, a spa, a wine room, an office, two separate game rooms, seven bedrooms and dramatic Lake Tahoe views. Outside, there’s a private sandy beach, multiple decks, a heated driveway and two exterior fireplaces, according to listing information.

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The seller and the buyer are both limited liability companies, according to property records. Both parties were represented by Jeff Brown of Tahoe Mountain Realty, who declined to comment on the deal.

The median home price in Incline Village was $1.595 million as of December, a fall of 3.3% from a year earlier, according to data from Realtor.com. Listings, meanwhile, spent an average of 130 days on the market.

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