South Lake Tahoe Real Estate Market Update, Feb. 4- Feb. 12

snow-ribbon According to the South Tahoe Association of Realtors, the South Lake Tahoe real estate market showed 12 NEW LISTINGS this past week, down from the previous week’s 30. The lowest priced new listing is $154,440 for 1032 Ham, a 2 bedroom, 1 bath with 720 square feet. The highest priced new listing is $1,250,000 for 483 Lido, a 3 bedroom, 2.5 bath with 2651 square feet. This week’s median listing price is $379,700.

There were 14 homes that went into ESCROW this past week, up from the previous week’s 9. The lowest priced new escrow is $165,000 for 2695 Armstrong, a 2 bedroom, 2 bath with 912 square feet. The highest priced new escrow is $1,195,000 for 1934 Marconi, a 4 bedroom, 3 bath with 2628 square feet. The median pending sale price is $341,890 with an average time on market of 98 days.

The number of closed sales this past week was 10, down one from the previous week. The lowest sale price was $172,100 for 1964 Cherokee, a 3 bedroom, 2 bath with 1088 square feet. The highest sale price was $775,000 for 2341 Cold Creek, a 4 bedroom, 3.75 bath with 2703 square feet. The median sale price was $307,000 and the average time on the market (including the escrow period) was 101 days.

630 Tahoe Island, South Lake Tahoe, CA

630-tahoe-island-exterior-1

One of the greatest opportunities today’s Lake Tahoe buyers overlook is the value found in a home priced competitively yet not a short sale or bank-owned property.  There are plenty of great buys in Lake Tahoe’s real estate market that do not include bank issues, risks and are in immaculate condition.  Such is the case with 630 Tahoe Island Dr.  This home was built by a contractor with the intention of being his family’s personal residence therefore, many upgrades are found that rarely exist in homes listed under one million dollars.

From the moment you drive up to this home, the cedar wrap and boulder studded exterior will let you know that this is not your ordinary home.  When entering the home, one has the choice of heading upstairs to the great room or downstairs to the family room.  Let’s start with the great room.  Here you will find an expansive area of space which includes custom hardwood floors, vaulted cedar ceilings and an extensive lighting system ideal for creating year-round ambiance.  The living area is centered around the massive stone fireplace and hearth where relaxing is key.  The adjoing kitchen and dining areas also feature hardwood floors and alder ceilings but the list just starts here.  A gourmet chef would go nuts in this kitchen with the abundance of granite counter space, two dishwashers, two ovens, professional-grade stainless appliances and under-counter lighting.   Down the hall is the first guest room which is ideal as an office or nursery.  Across the hall is the first of the three full baths.  At the end of the hall is the master suite with a room large enough to host a dance party.  The master suite will cause one to think they have stepped into a deluxe resort spa with the double sized steam shower,  jetted tub and dual sink counter area.

Downstairs is the family room which also features a gas stone fireplace and hardwood floors.  There are two more guest bedrooms and a full guest bath, again with all of the bells and whistles.  Now, check out the additional amenities:  in-floor radiant heat, a garage with indoor plumbing, upgraded lighting and fixtures and easy access to a glorious meadow and lagoon.  This Tahoe Island neighborhood is a favorite among locals due to its quiet setting, level streets and nearby amenities.  Cyclists will love the nearby bike paths leading to a series of popular Tahoe beaches.  Shop and compare – you will know you found a winner.

Play VisualTour

3025 Christmas Valley #2, South Lake Tahoe, CA

3025-christmas-valley-exterior
THIS LISTING IS CURRENTLY WITHDRAWN FROM THE ACTIVE MARKET. Please feel free to call us in regards to any questions or further information you may desire.
Looking for a ski condo or an escape from the summer heat?  Why not consider an investment within one of the world’s most popular resort destination?  And while you are making that consideration, imagine owning a condo that is in “move-in” condition, is located in a peaceful environment, has a double garage in which to store your ”big boy” toys and has views from dawn to dusk.  If this all sounds tasty, then you will want to check out 3035 Christmas Valley #2.

This delightful home is located in Christmas Valley and within twenty minutes to three popular ski resorts, ten minutes to two golf courses and across the street from Truckee River.  All of your major needs in regards to groceries, dining and auto fuel are within five minutes.

Once you walk into this home, you will be impressed by the lofty vaulted pine ceilings, the upgraded flooring, delightfully remodeled baths and the three tranquil bedrooms with views.  Extra ambiance is provided by the free-standing gas fireplace, decor colors and the upgraded kitchen.  Did we mention VIEWS!   Hikers, bikers, and nature lovers will appreciate the immediate access to forested trails and hills.  Whether you are looking for a family get-away or a vacation rental property with potential income, this condo is quite a package.

Play VisualTour

1884 Guadalupe, South Lake Tahoe, CA

1884-guadalupe-exterior_0
Located within 150 yards to a tranquil meadow, ideal for year-round outdoor recreation, is this well-built two bedroom single floor cabin.  The home sits deep in the lot providing extra privacy within this quiet county neighborhood  known as the Pioneer Trail area. The open floor plan includes a roomy living room warmed by open beamed ceilings and a large open fireplace.  Off of the living room is a slider leading to the side and back yards.  Toward the front of the home is a sunny kitchen with a breakfast bar.  To the right of the entry is a hallway with two bedrooms and one and a half baths.  Well priced, this home offers possibilities to earn equity in today’s Lake Tahoe real estate market.  Check out the visual tour to gain a better idea of the flow of this home.  If you scroll further down this page, you will also see the gallery of still images.
Play VisualTour

1233 Country Club Dr. So. Lake Tahoe, CA

1233-country-club-exterior

SOLD TO LEE & LISA ALLEN.  CONGRATS!  Short sale opportunity! This well-loved family home offers a floor plan ideal for large groups and families. The location is absolutely ideal.  Although only a few short minutes to the Y, shopping, dining and beaches, this home is situated within walking distance to the Truckee River and the Tahoe Paradise, both recreation sites offering a tranquil escape from day to day life.  You can also hop the fence and find yourself on the Lake Tahoe Golf Course which is a popular destination for winter cross country skiing.  Downstairs living includes a separate living room, home office (which has served as a 5th bedroom,) den, formal dining, large country kitchen, full utility & laundry room and a full bath. Upstairs are all four spacious bedrooms and two full baths. Plenty of parking and a drive-thru garage.  The Meyers neighborhood is mostly level and provides plenty of opportunities for daytime strolling or riding bikes.  Those you wanting to take a quick peek at the house may enjoy checking out this “Quick Snippet” or take the Visual Tour below to take a closer look at the images.

Play VisualTour

Next Page »