It's Still Snowing! - March 24th, 2016
March 24, 2016
We got a nice surprise this week…It snowed just over a foot in Tahoe on Monday night.Tuesday morning skiers got to enjoy a foot of fresh powder on the ski slopes. By the afternoon the sun was back out and it was absolutely gorgeous with blue skies and white mountains. You’ve got to love springtime in Tahoe!
Town is bustling with visitors, as some northern California schools are enjoying spring break by skiing in Tahoe. Yesterday we had five families stop into our downtown gallery to inquire about purchasing real estate. What I found fascinating was not only that this was busy for aWednesday, but also four of the five families were just starting to seriously explore ownership in Tahoe for the first time. The tone of these prospective buyers was enthusiastic and real. With the fresh snow, clear weather, and school break I anticipate that this weekend will be busy for our real estate market. I look forward to reporting back next week on the impact this has on real estate sales.
Inventory remains low and the selection of quality new listings continues to be limited. There were 47 properties added to the Tahoe Sierra MLS in the last seven days. I have outlined my Top Picks of the Week and the new listings below. Call me to schedule a tour while you’re in town.
MY PICKS OF THE WEEK
Coming Soon to Old Greenwood – This 4bd/5.5ba, 4,500 square foot home is located right on the 16th fairway of the Old Greenwood Jack Nicklaus Signature Course. The home has incredible panoramic views of Martis Valley and Carson Mountain Range and Northstar from the great room, kitchen, dining and master bedroom. The southern exposure allows owners to enjoy sunshine all day long. The open floor plan is perfect for families and entertaining, and includes a main great room connected to a gourmet kitchen, formal dining room, separate breakfast nook, large bunk room with a kitchenette, bonus loft area, bonus room that is perfect for a wine cellar, large master bedroom and great outdoor living space. The large windows and tall vaulted ceilings make this a bright and welcoming home the second you walk in the front door, and the views will make your jaw drop. The home is on a successful rental program and has good rental history. Therefore, the seller is holding off on putting the home officially on the market until after ski season. However, if you have an interest in owning in Old Greenwood, call me and I’ll get you in to see it. It’s available to purchase now for $2,350,000. It is one of the only two homes available to purchase in Old Greenwood. Don’t wait…This is your chance to get in early and close in time to have your own place to use this summer. Call me for more details and/or to schedule a tour. To get a small taste, here’s a link to the home on the rental site: Old Greenwood Home.
Back on the Market – Looking to own in Truckee for under $500,000? The buyers got cold feet and backed out, allowing you a second chance to own this upstairs residence at the Boulders. It’s a sunny corner residence in beautiful condition. Sellers have taken great care of their home. The deck gets plenty of sun and is a great spot for morning coffee and outdoor dinners. On-site amenities include a fitness facility with a lap pool, hot tub, sauna and workout equipment, picnic areas with horseshoe pits and volleyball courts. Centrally located, this is an ideal permanent residence or vacation home. This 3bd/2ba, 1,365 square foot residence is available again for $399,000.
Click Here to View Listing
OVER $1,000,000 PRICE REDUCTION – Not only is Cedar Shores Lodge one of the finest quality Lakefront Estates on the market, it is now offered as the best value in its class. Cedar Shores Estate boasts one of the most pristine settings on the North Shore of Lake Tahoe and is the quintessential family retreat as it sits on over one acre with over 100 feet of lake frontage a main family compound plus guest home comprising 8,900 Square Feet. Emerald green crystal clear waters with southern views stretching as far as the eye can see greet you every morning; and your days will be filled with wonder watching the landscape change from moment to moment, day to day. With 7+ bedrooms, 7+ Baths, office, den, gourmet kitchen, full bar, home theater, sauna, Turkish bath, wine cellar, guest home and so much more, this is the ideal dream property to create a legacy of priceless family traditions and memories for generations.
Click here to View ListingBelow is a breakdown of the new listings which came on the market in the last seven days. Please contact me if you would like to view all current listings that match your criteria.
NEW LISTINGS – HOMESITES
- Donner Lake – one homesite: Click Here to View Listings
- Lahontan – three homesites: Click Here to View Listings
- Martis Camp – one homesite: Click Here to View Listings
- Schaffer’s Mill – one homesite: Click Here to View Listings
- Squaw/Alpine – two homesites: Click Here to View Listings
- Tahoe Donner – two homesites: Click Here to View Listings
- Truckee Neighborhoods – one homesite: Click Here to View Listings
NEW LISTINGS – HOMES/CONDOS
- Lake Tahoe Basin – 11 properties: Click Here to View Listings
- Squaw/Alpine – four properties: Click Here to View Listings
- Tahoe Donner – four properties: Click Here to View Listings
- Truckee Neighborhoods – nine properties: Click Here to View Listings
I hope this information is helpful. I am an expert in the second home luxury market of north Lake Tahoe and look forward to the opportunity to help you buy or sell your property.
I appreciate your referrals. If you have friends/family interested in selling or buying property in north Tahoe, please forward my newsletter on to them and let me know how you’d like me to follow up with them. Feel free to have them call me directly.