Price Reductions on Some Pretty Great Tahoe Homes – Investment Anyone?

As we enter the mid-summer season (what we in the Tahoe real estate industry call the “shopping phase”) we are noticing that along with Yogi Bear sightings, the number of potential buyers checking out our listings on the internet (and actually making inquiries for further information) are substantially increasing.  Over the years, we have noticed a strong trend in buyers using the summer months to explore their options with the thought that “something better might come along.”  Eventually, August rolls around and the buyers’ general thought is, “boy, I sure would like to get into a home prior to the snow falling.”  Next thing you know, the number of new pending sales go up and everyone is hustling.  With just a couple of weeks left in July, some of our sellers have decided to lower their asking prices in order to be at the forefront of the buyers’ top picks in August.  These opportunities are so great that we thought we would pass them along to our readers.  One never knows where the dominoes might fall so please, feel free to pass the following information along to anyone you feel might be interested.  Just in case we lose you, be sure to read this entire piece prior to clicking on any of the links.

Our featured price reduction is 3076  Jacarillo.  This home was originally purchased for $687,000.  The owners then completed a stunning kitchen remodel, added a workshop out back and fully landscaped the yards.  Located in Montgomery Estates and just a few homes down from beautiful forested trails, this beautiful family home is now asking only $519,000 with classy furniture being negotiable. Further information, visual tours, mapping and a photo gallery are all here to be enjoyed.  If you are in the neighborhood, stop by our Open House this Saturday, the 24th of July, from 12 – 3.

The next great value to be found is located at 1781 Skyline Drive in Country Club Estates.  This property is situated on two combined lots (approximately 30,00 SF of elbow room) with some of the most magnificent views to be found throughout the Tahoe Basin.  Street level living features a large living room with vaulted ceilings and skylights, a large dining area and kitchen with hardwood floors and a beautiful stone fireplace.  Downstairs are four bedrooms and a bath with a large jetted spa.  The owner has decided that now is the time to move on in her life and told us to price it to sell.  So we did.  All of this now for only $599,900.

Our final pick of the week for great price reductions is 2512 Cattleman’s Trail.  Check this out – brand new construction with all the “bells and whistles” is now only $499,000.  Where else in Lake Tahoe will you find top of the line construction, three bathrooms all with jetted tubs, hardwood floors, vaulted ceilings, granite counters all in one of the area’s most desirable neighborhoods?  Originally built to be the contractor’s own home, no corners were cut when it came to design or quality.  Families with small children will especially appreciate the close proximity to the Sierra House School, the fenced yard and steps to the Lake Christopher Meadow with adventures just waiting to be had.

Now, as far as the bear in the above photo – we thought you might get a kick seeing our backyard visitor.  Yogi has a preference to wait until Don is done working on the pond prior to jumping in for an afternoon splash.  Our biggest chuckle was when he and our cat came face to face the other day.  The bear freaked and flew up the closest tree and the cat literally flew across the yard, through the door and up the stairs not to be seen for the next hour.  I only wish I had had a video camera handy.