Hidden Treasures in Lake Tahoe Neighborhoods
We recently moved from one local South Lake Tahoe neighborhood to another. And while I was looking forward to some of the new amenities (pool table, hot tub and high speed internet included,) I was starting to mourn the loss of my wonderful forested trails on the edge of Montgomery Estates. From outside my door, I could head up the road and enter a magical forest of pines, granite boulders, creeks and waterfalls. One hour of strolling and I felt as though I had had a couple of days away from the office.
Now, with no more excuses, it was time to get out and try walking in the new hood. Somewhat bummed, I started out along the various roads keeping my eyes and ears posted for traffic with crisp air, blue skies and chirping birds and squirrels accompanying me.
About the time I was to begin the homeward turn, I noticed a vacant lot that appeared to be bordering some kind of meadow. It also looked as though I may have discovered a shortcut so I decided to give it a try. What a surprise! I had discovered a stunning meadow studded with lupine, mule’s ear, Indian paintbrush, wild irises and a multitude of flowers whose names I simply do not know. Truly! And to highlight the wonder of my discovery, I realized that this hidden treasure was adjacent to Highway 50 in Meyers. I have lived here since 1992 and had no idea that there was yet, another treasure waiting to be discovered.
The more I thought about it, the more I pondered if there was a neighborhood in the South Shore that didn’t have a slice of Paradise right in its’ backyard. Was it possible? To seek some answers to my questions, I sat down with a map of the South Shore and sure enough, every neighborhood had at least a meadow, forest, river, golf course or park – something that could be accessed by foot within a short distance. “That’s it,” I decided. From this point on, whenever I take clients to look at homes, I am going to also point out the neighborhood “escape” route. After all, there is a reason we choose to live in Lake Tahoe. Now, we just need to continue rediscovering the glory.
[SinglePic not found]South Lake Tahoe Real Estate Market Update, June 11- June 17
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This week there were 24 NEW LISTINGS, one less than last week. The lowest priced new listing is $209,900 for 1033 River, a 3 bedroom, 1.5 bath with 1220 square feet (congratulations to Flip Walker of the Pinnacle Real Estate Group). The highest priced new listing is $1,795,000 for 2181 Balboa, a 4 bedroom, 3 bath with 2802 square feet. The median new listing price for this week is $372,000.
There were 17 homes that went into ESCROW this week, 5 more than the previous week. The lowest priced of these homes is $207,000 for 1181 Nottaway, a 2 bedroom, 1 bath with 936 square feet. The highest priced new escrow is listed at $740,000 for 1897 Venice, a 3 bedroom, 2 bath with 1852 square feet. The median pending sale price is $395,000 with an average time on market of 41 days.
This week there were 6 homes that were recorded as SOLD, one more than last week. The lowest sale price was $199,000 for 1122 Carson St in the Sierra Tract with 3 bedrooms, 2 baths and 1160 square feet. The highest sale price was $352,000 for 1745 Chippewa, a 3 bedroom, 2 bath with 1232 square feet. The median sale price was $307,000 with an average time on market of 158 days.
South Lake Tahoe Real Estate Market Update, June 4- June 10
This week there were 25 NEW LISTINGS. The lowest priced new listing is $195,000 for 854 Tata, a 2 bedroom, 0.75 bath with 864 square feet. The highest priced new listing is $1,595,000 for 3781 Lucinda Ct., a 4 bedroom, 4 bath with 3627 square feet. The median new listing price for this week is $395,000.
There were 12 homes that went into ESCROW this week. The lowest priced of these homes is $540,000 for 3956 Meadow Rd., a 2 bedroom, 1 bath with 908 square feet located in a gated community called Tahoe Meadows. The highest priced new escrow is $799,000 for 1620 Plumas in the Tahoe Paradise neighborhood (congratulations to Mark Salmon and Don & Theresa Souers of the Pinnacle Real Estate Group). The median pending sale price is $447,000 with an average time on market of 59 days.
This week there were 5 homes that were recorded as SOLD. The lowest sale price was $255,000 for 1590 Jackson Ct., a 3 bedroom, 1.75 bath in the Bijou area with 1676 square feet. The highest sale price was $472,000 for 907 Patricia, a 3 bedroom, 2.5 bath in the Tahoe Island neighborhood with 2270 square feet (congratulations to Mark Salmon). The median sale price was $315,000 with an average time on market of 142 days.
South Lake Tahoe Real Estate Market Update, May 21- May 27
[SinglePic not found]There were 25 new listings this week, up from last week’s 19. The lowest priced new listing is $185,000 for 877 Julie, a 1 bedroom, 0.75 bath with 1160 square feet. The highest priced new listing is $1,595,000 for 2025 Marconi, a 4 bedroom, 2.5 bath with 2422 square feet. The median new listing price is $449,000.
There were 13 new ESCROWS this week, down from last week’s 18. The lowest priced new escrow is listed at $152,000, a 2 bedroom, 1.5 bath townhouse with 960 square feet located at 3305 Treehaven. The highest priced new escrow is $1,395,000 for 468 Lido in the Tahoe Keys, a 3 bedroom, 2.5 bath with 2648 square feet. The median new escrow price is $419,000 with an average time on market of 187 days.
There were 7 RECORDED SALES this week. The lowest recorded sale is $142,000 for 1049 Reno, a 2 bedroom, 1 bath with 889 square feet. The highest recorded sale is $565,000 for 840 Boulder Mountain, a 4 bedroom, 2.5 bath with 2671 square feet. The median sale price is $294,900 with an average time on market of 149 days (this includes the escrow period).
Be sure to visit our website at www.HomeInTahoe.com to learn more about the Lake Tahoe real estate market, neighborhood stats and more