South Lake Tahoe Real Estate Update

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July 20th                





The home value estimate provided by owners at the beginning of the refinance process is increasingly aligned with the actual value appraisers assign to the property later in the mortgage process. The two data points moved closer together in June, with the National HPPI reporting appraiser opinions were only 0.25 percent lower than what owners estimated. This is a vast improvement from the previous June, when appraisals where 1.70 percent lower than expected, and it is now the closest together the two opinions have been since February 2015. As the average gap between value opinions narrows on a national level, more metro areas are seeing appraisals higher than expected. Nearly three quarters of the metro areas measured are seeing the bulk of their appraisals come back higher than what was expected.



Open Houses                   

Saturday, July 21st  

3685 Rocky Point Rd
Charming Stateline cottage near all the action! Short walk to Casino’s, night life, gondola, and the lake! Great starter home or investment opportunity. 3 Bedrooms in the low 300’s! 
Hosted by Chad Bailey 

1441 Bonita Rd
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.  
Wally Johnson    
Hosted by Wally Johnson  

1253 Heather Lake Rd 10:00am-12:00pm  
This well kept A Frame is located in the heart of Tahoe close to public transit. Situated on an 11,587 Sqft lot the opportunities are endless. One unique feature about this property is that its part of a small private well not city water. Upgrades include new bathroom, flooring, free standing gas fireplace, paint, and hot tub. Being sold fully furnished this place is perfect for a long or short term rental or first time residence. 
Shannon Whitt    
Hosted by Shannon Witt 

1351 Leonard Ave 
Find your home here in this modern single story 3 bdrm , 2 ba home nestled in the Ranchos of Gardnerville. This beauty has been fussed over, until it shines for just the right buyer, updated with newer eat in kitchen, spacious family room off the which beckons you to step outside and enjoy the stunning views of the Sierra from the large back deck and back yard.. And of course store all your summer and winter toys in the 2 car garage or storage potting shed.This newer (1988) rancher hosts about 1,550 sq ft of living space and makes for a wonderful family home , extended family home or your get- away home with all the excitement that Lake Tahoe offers where you are only 30 minutes away.. incredible hiking , biking , river fun awaits you in the Carson Valley and surrounds.

  Craig Woodward 
Hosted by Craig Woodward 

Open Houses                   

Sunday, July 22nd  

2651 Osborne Ave
Come home to Tahoe. This lovely cottage with 3 bdrms, one full bath and a much coveted garage /plus extra storage, brings tasteful charm through-out this well-kept home located on a terrific block in Sierra Tahoe close to everything including restaurants, breweries and unique artsy scene all of which holds court at 2651 Osborne. Enjoy life starting at the cozy and inviting covered front porch and then venture into this lovely home updated nicely with hardwood floors throughout, lovely eat in kitchen with custom cabinets. Be warmed by the living room’s fireplace.. Take a quick tour of the home and its 3 bdrms, or 2 plus office/nursery.   


Hosted by Nicole Ladd 

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.  
Hosted by Mason Hibbard 

Open Houses                   

Wednesday, July 25th 

2285 Del Norte St
This extremely busy vacation rental has hit the market. Newer construction 5 bedroom, 4 bath and almost 5000 sqft of living situated on .80 acres has it all. Being offered fully furnished with the highest quality appliances, audio and visual equipment, duel energy efficient furnaces and a location one could only dream of. Natural stone throughout brings the beauty of the surrounding mountains into this custom home. The large deck off the back offers a 7 person spa and a BBQ grill for enjoying the night time and watching the stars.   
Wally Johnson   
Hosted by Wally Johnson 
OpensFeatured Listings

2329 Nekos Rd 
Here is a once in a lifetime opportunity to own a rare 6.76 acre parcel with its own private gated entrance off State Hwy 89 right past Baldwin Beach. This beautifully forested parcel backs to two merging seasonal creeks and has wonderful views of Mt Tallac. With a bit more thinning of the property you could also get views of Lake Tahoe. The current 700 sqft 1 bedroom 1 bath house was fully rebuilt in 2014 from the ground up.   

3330 Lake Tahoe Blvd 
One of the most famous Ice Cream parlours in town! Here is your chance to own an extremely busy summer iconic establishment. In operation for over 38 years as a lakefront ice cream shop, this place is the perfect spot to stop fro that sweet treat. Located in the Lakeview plaza shopping center, surrounded by popular restaurants and shopping, this unit has had most of its equipment upgraded making this a turnkey operation. Only in operation 6 months of the year, you can create an amazing business opportunity to share over the winter months! Call today for details! 

4051/4043 Saddle
Heavenly Location and Lake Tahoe views extraordinaire comes with this once in a lifetime opportunity. Contractors special comes with this 4bdrm/loft, 2 bath 1,338 sq. ft. Mtn. chalet is ready for your make over. Bring your creative juices while you crat a masterpiece on this 2 parcel estate site equaling nearly .7 acre (combined sq. ft. of over 30k sq. ft.) First time to market for this 1970’s cabin which was central to the family for all their Tahoe good times.  

2457 Wagon Train
Spectacular So Shore Lake Tahoe -Most wonderful Montgomery Estates two story Contemporary. This modern Classic is close to all the great activities. and yet this 6 bdrm, 3 bath 1994 build with 2650 sq ft, plus supersized family room, dbl car gar feels like it is miles away from the hub bub with easy access and within minutes to and from all the iconic Tahoe spots.    

796 Alameda Ave
3 bed, 2 bath located just steps from the lake, the beach, and multiple restaurants in desirable Al Tahoe neighborhood. Features include plenty of room for entertaining as well as spacious bedrooms and bathrooms. The property includes a large fenced in backyard perfect for playing outside. A must see home!



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, beachs and casinos. Tons of opportunity to upgrade or cahflow 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. 

3434 Lake Tahoe Blvd
Here is the perfect opportunity for an owner that is looking to make their dreams a reality by operating their own well-established restaurant. This well oiled operation is turn key. Fully renovated in 2017 this restaurant currently operates from 7:30am – 2pm as a breakfast/lunch establishment. Gourmet coffees and a beer/wine list is also available. A Cup of Cherries serves a local fresh cuisine for everyone.  


831 Angora Creek Dr 
Here is the perfect spot on the map for your Tahoe dream house. With Angora creek running across the street this gently up sloping property give the feeling of peace and seclusion. Not many lots left like this one. Raw IPES score is 540 with 1% coverage but you can transfer up to 20% for an estimated price of $52,787. Drive by today. 

1149 Bonanza Ave 
Near the Y and in walking and biking distance to restaurants, grocery stores, biking and hiking trails. Check TRPA IPES maps and PAS for further information. Buyer will need to complete site assessments and land capability verification. 1 acre parcel perfect for multi-family or residential in centrally located neighborhood.PAS#114- Special area 1-multi family includes IPES score of 969 w/30% allowable coverage per TRPA IPES search and scoring. 

Lot 105, Cold Creek Trail 
Lovely Lake Tahoe buildable vacant land .23 acre level parcel. Super accessible, desirable Montgomery Estates area. IPES score 827, allowable coverage 20%. Build your dream home here! 

2125 Texas Ave, $239,000          
2125 Texas Ave
Lake Tahoe waterfront buildable parcel. Best of both Tahoe worlds with rare privacy and sense of seclusion on cul-de-sac lagoon setting, yet has Tahoe Keys amenities including awesome deep water dock/pier and Mtn Views for days WOW! Most Fabulous building opportunity on this unimproved vacant parcel approx .25 acre 9,200 sq ft level waterfront buildable parcel with rolling grounds reaching to waterfront lagoon. 

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