South Lake Tahoe Real Estate Newsletter

Hot Deals!

 

Open Houses this Weekend

 

News Links
Case-Shiller ‘Confirms’ Cooling Housing Market

A Treasured Tax Break for the Smart Real-Estate Investor

Tahoe Quarterly Magazine
 

What’s Happening At The TRPA 

 

South Lake Tahoe Events 

 

LTUSD Community News  

 

Lake Tahoe Real Estate  

November 29th                    

 

 

866.542.2912  
 
Tahoe Desolation Trail Needs You!
Tahoe Desolation Trail Needs You!
On the western slope of Lake Tahoe, Desolation Wilderness is one of the most scenic hiking and backpacking destinations on the Tahoe Rim Trail. Increased use combined with extreme weather events have significantly degraded a popular section of trail, impacting safety, recreational experience, and water quality. With the support of donors, we can help restore a wonderful section of trail for all to enjoy. 

 
 
If you’re purchasing a property with the sole aim of renting it out or selling it for a higher price, it can make for an excellent investment-but buying an investment property does have its pitfalls. For instance, if you fail to follow the No. 1 rule of real estate-location, location, location-you can suffer significant losses. Diversifying your investment portfolio can also be much more difficult for newcomers due to the high prices on property. For tips on how to choose the right investment property, click here

 
 
On a local level, disasters such as the Camp Fire have local effects on real estate markets.  
1) Sales which were pending are not going to happen.  
2) There will be a sizable but brief uptick in prices and rents in cities and towns nearby as displaced people become buyers or renters 
3) Assuming that Paradise gets rebuilt there will be a very significant
increase in Housing Permits and Starts if and when this happens.  This recently happened in Santa Rosa where building permits in September were up 306% year over year.  
 
On a global level, the economies of the world’s nations are very much intertwined. Inexpensive communications and shipping and a global banking system have made this possible. When domestic interest rates plunged after 2008 a great deal of capital and lending moved to emerging nations in order to seek higher returns. There is speculation that as risk has increased in emerging markets, capital might return to the U.S. and possibly lower mortgage rates. 
 
Conforming loan limits to raise for 2019. New base = 484,350.  
 
More on this later,  
Norm Hansen 
   
RPM Mortgage  
212 Elks Point Road #448
Phone: 775.586.1130 
Opens

Open Houses                   

Saturday, November 29th    
 
                   

1441 Bonita Rd & 3932 Bridle Rd are both hosted open together. 1441 Bonita is the main host house! 
 

1441 Bonita Rd, $549,000        
 
1441 Bonita Rd
11:00am-1:00pm 
Come home to Heavenly Tahoe, where the good times are in abundance! This charming mtn chalet literally sits at the base of the sierras nestled up to Vail’s Heavenly ski resort for easy access to the mtn for summers hiking, biking or get ready for the slopes this coming winter.. There’s room for everyone in this 1550 +/-, 3 bdrm plus roomy loft, 2 masters and baths, 2 car carport plus loads of south facing parking. Street level access through the finished overflow sleeping/ storage area. 
     
Hosted by Chad Bailey 

3932 Bridle Rd. $669,000        
 
3932 Bridle Rd
11:00am-1:00pm  
Be here in time for the Good Times the cool evening air is upon us and bodes well for another epic snow season which can best be enjoyed from any one of the 4 bdrm. Plus with overflow rooms for the whole group, everyone has a separate space & entrance. Come and go at your leisure from this 2700 sq ft plus, plus mtn bed and breakfast designed home with stunning views of Heavenly’s Gunbarrel and World Cup runs from the eat in kitchen dining area and multi level decking for out door fun and activities! Dbl Car garage, loads of extra lock off storage units, enclosed sun rooms and tons of decks. Family room with gas fireplace, living room with wood burner, and sun room. Enclosed mud room and entrances on all levels. Something of a blast from the past ready for your good time in Tahoe!   
     
Hosted by Chad Bailey 

1253 Heather Lake Rd
1:00pm-3:00pm
Here is your chance to own a classic A Frame cabin in South Lake Tahoe. Situated on over a quarter acre lot with aspen and pine trees to shade you, the opportunity to turn this into your dream house awaits you. Located in the center of the city, you are only a 5 minute drive from Heavenly ski resort, Lake Tahoe, shopping and dining. Bijou Elementary is right across the way and bike paths are scattered through out the neighborhood. One unique feature about this property is that its part of a small private community well, not city water. Upgrades include upgraded bathroom, flooring, free standing gas fireplace, paint, and hot tub. Being sold fully furnished this place is perfect for a primary or secondary home. 
  Craig Woodward
Hosted by Craig Woodward 
 
 
OpensFeatured Listings

NEW PRICE!!  
3720 Memory Ln
Talk about location. This 3 bedroom 2 bath home not only sits on almost 2 acres but also boarders forest service in the back and has forest service lots right across the street. Amazing views of echo summit and surrounding mountains, this property also backs a small seasonal waterfall. The inside has a spacious open concept living room and kitchen and is ready for someone to come in and make it theirs. Private well will keep those annoying water bills away. Upgrades include: double pane windows, brand new furnace, fresh interior and exterior paint, new chimney masonry and 5 designated parking spots. Sitting out on the deck and just hearing nothing but the wind or waterfall while looking at the beautiful mountains is better than Yoga!! 
   

 
1231 Heather Lake Rd
 
Here is the perfect scenario, Live in one unit and rent the other two out. The Blackwood home is a beautiful two bedroom one bath with an extra long 1 car garage. An open concept living/ kitchen area with a wonderful front deck. The duplex on the Heather Lake side are updated 1 bed/1 bath units. Each has its own wall units and & water heater as well as large back yards and sunny front porches. Property is on a private community well. 

 
1081 Craig Ave
Ol’ Tahoe log cabin situated in highly sought after Bijou Pines. This charming and centrally located 2bdrm.cabin is just steps to Lake Tahoe’s beaches and parks,restaurants and shopping. Living in this very desirable neighborhood,which is said to one of Tahoe’s older original communities, is nested in the midst of it all” and yet you’ll feel tucked away.The charm and history of the cabin is evident at first glance and truly holds much of the original construction including the log exterior and impressive rock fireplace. More recent improvements include the gas fireplace insert, to keep you toasty on the winter’s eves, the newer composition roof and the oversized 2 car paved driveway/parking.  

852 El Dorado Ave
This unique home sits on the meadow with the most wonderful view of Tallac from all the back windows and wrap around deck. Located on a quieter street in Al Tahoe, this 3 bedroom 2 bath offers a very unique design with its hexagon shape. Upgrades include newer kitchen cabinets in the main kitchen and newer updated bathroom. Step outside your backyard fence and hop on the path to the beach via a gorgeous walk through the meadow. With this location you also have quick access via biking or walking to restaurants, shopping, the community rec center and everything else that Tahoe has to offer.      
   

3366 Mono Ln 
What an amazing location. This 3 bed/2 bath sits smack dab in the middle of town within walking distance to the lake, restaurants, Safeway and shopping. This home has been upgraded with new dual pane windows, interior and exterior paint, carpeting and new laundry room. The lot goes from street to street on the corner allowing multiple accesses. Freshly upgraded stucco and stained siding as well as new concrete paving under the drive thru carport adds to the natural landscape to enhance curb appeal. The home is currently set up with two separate entrances for the top and bottom floors. This layout allows for a mother-in-law downstairs with one bedroom, one bath, and fireplace.   

   
3132 Hwy 50
Here’s your opportunity to own one of the few restaurant spots in Meyers. Burger Lounge Meyers has been in operation for a little over 2 years and has an established, great clientele. The restaurant is ready for a new owner to take over and bring their vision to light. Currently the menu consists of burgers, chicken sandwiches, hot dogs, deli sandwiches, salads and Mexican specials. There is so much opportunity to grow in this spot. There is a huge upstairs area that can currently being used for an office and storage. Are you ready to let your culinary dream come to life??

 

 

3796 Paradise Ave 
Long term rental property smack dab in the middle of Stateline and Ski Run! A short walk, bike, scooter to skiing, restaurants, beaches and casinos. Tons of opportunity to upgrade or cashflow this multi-family as is. 

3839 Pentagon Dr 
Great opportunity to own an investment property just off the planned loop road.Tremendous access to stateline local beachs and bike trails. All units have been consistently rented for past 10 years.   

   
6198 Carriage House Way 
Located on the 13th hole of Lakeridge Golf Course with expansive views of the course, valley and surrounding horizon. The community of Carriage House is a gated, quiet, well established area of traditional homes with low homeowner association fees and centrally located in sought after southwest Reno. Lots of windows and vaulted ceilings let the outside in. The master suite is located on the lower level and there are two additional bedrooms upstairs with shared full bath, mirrored closet doors and views!

  

   
3341 Heavenly Valley 
Centrally located diamond in the rough. Talk about a picture perfect location to have a home. Views of the California side of Heavenly and a short walk to bijou golf course, bijou park, and bike path to lake. This spacious 1748 sqft home boasts a massive living room, 3 bedrooms plus an additional room off the kitchen. The large garage will store all your toys.

  

 1759 Arrowhead Ave, $165,000           
 
1759 Arrowhead 
Here is your chance to build whenever you want to. This lot has an allocation, 3 sewer units already attached and 1800 sqft of verified coverage. With a beautiful paver stone parking pad already in place all you need is the house. Within walking distance to Lake Baron, the Upper Truckee River and the Magnet School. This lot is situated in front of conservancy land this property is the perfect spot your your dream house. 

 1019 Turnback Trail, $160,000          
 
1019 Turnback Tr 
Beautiful lot located in lower Montgomery estates. This 8152 sq. foot lot has an IPES score of 878 and 26% coverage. With quick access to the Truckee river, hiking and biking trails, this property is ideally situated. The lot itself sits higher off the street after a gentle curve on this quiet street giving the feeling of living amongst the trees. Even though its considered the county its close to Lake Tahoe Community College, shopping and eating. Drive by today!  

Speak Your Mind

*