South Lake Tahoe Real Estate Market Update, Apr. 22- Apr. 28
The South Lake Tahoe real estate market saw activity on all sides of the spectrum. According to the South Lake Tahoe Association of Realtors there were 19 NEW (or back on the market listings), nearly half that of the previous week’s 32. The lowest priced new listing is $99,500 for 516 Emerald bay #303, a 1 bedroom, 1 bath condo with 480 square feet. The highest priced new listing is $3,900,000 for 26 Lighthouse Shores, a 4 bedroom, 3.5 bath with 3687 square feet. The median listing price this week was $349,900.
The good news was that there were nearly double the number of new escrows as compared to last week with 15 homes that went into ESCROW, up from the previous week’s 8. The lowest priced new escrow is listed at $194,900 for 1191 Dedi, a 3 bedroom, 2 bath with 1092 square feet. The highest priced new escrow was $1,488,000 for 2232 Columbine Trail, a 7 bedroom, 5 bath with 4746 square feet. Way to go Mark with Pinnacle. The median pending asking price was $350,000 with an average time on the market of 140 days.
Another positive note was the past week’s 10 CLOSED sales, up from the previous week’s 8. The lowest sale price was $165,000 for 3025 Christmas Valley #11, a 2 bedroom, 1.5 bath with 960 square feet. The highest sale price was $1,400,000 for 5 Lighthouse Shores, a 3 bedroom, 2.5 lakefront home with 2996 square feet. The median sale price was $349,500 with an average time on the market of 160 days.
Lake Tahoe Open House
We are pretty excited about hosting an Open House this weekend at 2146 Marshall Trail in Montgomery Estates. After all, if one is going to spend some time at a home, how fabulous to be able to be in such an delightful environment. Forest and mountain views are provided through nearly every window throughout this home. In fact, 2126 Marshall Trail was just voted Home of the Week by the South Tahoe Association of Realtors.
Come join us this Saturday, April 24th from noon until 3. Head down Pioneer Trail and turn up Marshall Trail (next to the Sierra House School.) The home is located near the top of Marshall very close to the entrance to the High Meadow Trails. This three bedroom, two bath home features quality construction, vaulted ceilings, custom cabinetry and a floor plan that provides plenty of privacy for residents. Four distinct decks take advantage of the surrounding government-owned land as well as the forest and mountain views. The furnishings are negotiable and all in all, this is one great value in a tremendous neighborhood.
South Lake Tahoe Real Estate Market Update, Apr. 15- Apr. 21
According to the South Lake Tahoe Association of Realtors there were 32 NEW (or back on the market listings), up from the previous week’s 15. The lowest priced new listing is $170,000 for 1104 Long Valley, a 2 bedroom, 1 bath with 512 square feet. The highest priced new listing is $2,319,000 for 2151 White Sands, a 5 bedroom, 3 bath with 3862 square feet located in the waterfront neighborhood of Tahoe Keys. The median listing price this week was $432,000.
Looks like the recent snow storms may have had an affect on our local real estate market as there were nearly half the number of new escrows as compared to last week. In fact, there were 8 homes that went into ESCROW this past week, down from the previous week’s 15. The lowest priced new escrow is listed at $187,000 for 2531 Chris, a Sierra Tract home with 2 bedrooms, 1 bath with 1020 square feet. The highest priced new escrow was $1,828,000 for 5 Lighthouse Shores, a 3 bedroom, 2.5 bath with 2996 square feet. This magnificent waterfront home is located in the Tahoe Keys. The median pending asking price was $397,000 with an average time on the market of 57 days.
This past week showed 8 CLOSED sales, down from the previous week’s 12. The lowest sale price was $150,001 for 1596 Arapahoe, a 2 bedroom, 1.5 bath with an unfinished second floor addition. Congrats to our Jaime Souers – way to beat out the competition. The highest sale price was $550,000 for 1765 Ababco, a 4 bedroom, 3 bath with 2200 square feet. The median sale price was $274,215 with an average time on the market of 106 days.
693 Gardner St.
THIS HOME HAS SOLD! Stylish, contemporary, close to forested trails and affordable. At this price, it is nearly impossible to beat the value. Located in the Gardner Mountain area, this three bedroom home offers a tranquil setting with upgrades throughout. Newer wood laminate flooring, newer appliances, a newer wood burning stove, upgraded bathrooms and a newer roof top off the list. Be sure to check out the gorgeous sun deck and spacious fenced back yard. Gorgeous landscaping and vacant forested lot across.
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Skyland, East Shore Lake Tahoe, Nevada
Skyland boasts of an enviable location along the south-east shore of Lake Tahoe, Nevada (think no state income taxes.) Within this quiet neighborhood, one will find approximately 245 residential homes ranging the area’s mid-range of $400,000 – $500,000 level to exquisite multi-million dollar lake front estates. The entire neighborhood is designed around the sloping topography allowing for improved lake views, natural boulder accents and larger lots.
One of the biggest highlights for the Skyland residents is the private sandy beach located near the west end of Skyland Drive. This sunny quiet beach is ideal for swimming, picnicking and launching of small craft such as kayaks and canoes. The entrance to the beach can be easily spotted at the corner where one finds the trademark outdoor fireplace.
Another popular feature to the Skyland neighborhood is the adjacent forested trails and beaches leading to the ever popular Zephyr Cove Resort. Here one can enjoy beach volleyball, dining, boating and winter outdoor recreation. Within a few short minutes is the local library, and fire department…and only 5 minutes to a mall with a full-service grocery store,, the Post Office, and yummy restaurants. Five minutes further south are all the major casinos, restaurants, ice skating and Gondola to the top of the Sierra. Heading north, Skyland is only 20 minutes over Spooner pass to Carson City. Just checking out this aerial view of Skyland will assure you that this neighborhood is something special.