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South Lake Tahoe Real Estate Update

October 30, 2020 by southtahoerealestate Leave a Comment

Hot Deals!
 
Open Houses this Weekend
 
News Links
 
Celebrating spooky season around Lake Tahoe
 
Lake Tahoe ski resorts begin making snow as temps drop
 
Bidding wars boom as homes spend as little as 4 days on the market
 
Homes Are Selling Incredibly Fast, Regardless of Price — Defying Seasonal Norms
 
Design Forecast: 2021 Color of the Year
 
How to Simplify the Home-Buying Process for First-Time Buyers
 
“Travel Safely, Adventure Greatly” Is The Message Carson Valley and South Lake Tahoe Convey For Visitors
 
Tahoe Quarterly Magazine
 
What’s Happening At The TRPA 
 
South Lake Tahoe Events 
 
LTUSD Community News  
 
Tahoe Weather – The weather is perfect in Tahoe! 
 
Lake Tahoe Real Estate Resource 
October 30th, 2020 
866.542.2912
 
California housing market outperforms expectations, breaking record high median price for fourth straight month, C.A.R. reports
 
LOS ANGELES (Oct. 19) – California’s home-buying season extended further into September as home sales climbed to their highest level in more than a decade, and the median home price set another high for the fourth straight month, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today. Closed escrow sales of existing, single-family detached homes in California totaled a seasonally adjusted annualized rate of 489,590 units in September, according to information collected by C.A.R. from more than 90 local REALTOR® associations and MLSs statewide. The statewide annualized sales figure represents what would be the total number of homes sold during 2020 if sales maintained the September pace throughout the year. It is adjusted to account for seasonal factors that typically influence home sales. September’s sales total climbed above the 400,000 level for the third straight month since the COVID-19 crisis depressed the housing market earlier this year and was the highest sales level recorded since February 2009. September sales rose 5.2 percent from 465,400 in August and were up 21.2 percent from a year ago, when 404,030 homes were sold on an annualized basis. Click here to finish reading.
 
Deb Howard & Co did a team building exercise up at Angora Highlands this week! We planted almost 60 Sugar Pine saplings as a team for The Sugar Pine Foundation.  Did you know Sugar pines only produce cones once every 2 years and that they have thick, fire resistant bark that helps protect the forest from fires? The Sugar Pine Foundation restores biodiversity in the basin to help protect the forest from fire, drought, insects, etc. Such a fun group activity!
 
Weekly South Shore Real Estate Stats
 
 
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Compare the week over week stats and you’ll note a consistency overall- the one month absorption rate in particular. The incredible fall weather and colors have added an additional treat! Stay safe this Halloween treating season and will be here when you are ready to make your next move!
 
 
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Tahoe Fund Fact
 
Tahoe’s famous peaks are a perfect place for a fall hike, so we are bringing back a fun fact favorite. These six major peaks in Tahoe stand at over 8,500 feet, so whether in North Lake or South Lake you are sure to be in for a spectacular lake view and an unforgettable adventure. Pick a peak and get out there!
 
 
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 Open Houses 
 
Please call to setup your personal open house! Look below for the agent’s phone numbers who will be at the designated house you’re interested in! Call them for more information. 
 
 
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1978 Washoe St. $632,800
 
Here is your chance to own your home and operate an established daycare out of it in beautiful Lake Tahoe. This 3 bed, 2 bath, 1582 square foot home is currently being run as a successful daycare/ preschool on the main floor with 2 personal bedrooms and a private bathroom upstairs. Upgrades include: remodeled upstairs bathroom, upgraded kitchen, 40 year roof installed in 2008, upgraded electrical, newer water heater, furnace and siding, newer sheetrock and fully insulated walls. The mudroom has a new exterior door and etched windows that were salvaged from the old Stetson steak house in the Horizon. Located in Meyers you have the added bonus of being zoned for livestock so this backyard is not only a mecca for fun but it also has a large chicken coop and a beautiful, mature garden, large shed and yard hydrant. So much is bundled into this package that it all cannot be listed here. 
 
Call Shannon Witt 530-863-0548
 
 
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2721 South Upper Truckee Rd, $409,900
 
Calling all creative thinkers, contractors or handy humans to check out this Lake Tahoe Mtn style Gambrel situated on a super sunny corner parcel in beautiful Xmas Valley. Views for days from this oversized 2 bedroom 1 bathroom chalet-esk home which beckons the creative juices to finish up the remodel on what can only be described as a great cabin, great location and really good bones. Downstairs living with gas fireplace heater, 1 full bath and a separate charming eat-in kitchen. Upstairs hosts 2 good sized lofted bdrms. ready for the hardwood flooring stored there. Full laundry room located in an “add on” which leads out to the lovely back and side yards. Not one but two storage sheds for all your overflow toys. Newer roof, tuned up gas heater and appliances. Make this yours in so many ways and enjoy the sweat equity!
 
Call Tambra Anderson 530-721-5588
 
 
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3737 Terrace Dr, $1,718,000
 
This fully remodeled custom home has be outfitted with only the highest end finishes. With adding on an additional 1532 sqft of living space, the owner completely changed the style and level of elegance this home had to offer. Over the last three years this extensive remodel has included an entire exterior facelift using redwood and slate, Ipe and slate decking, redwood railings and a new metal roof. Inside includes an addition of two master suites on the bottom level, new oak and mahogany hardwood flooring through out, custom porcelain and marble tilework, heated bathroom floors, custom poured concrete fireplace, stainless steel appliances, quartz counter tops, custom SS and glass railings and so much more. This home is being offered fully furnished with furnishings from West Elm, Pottery barn and Article, a single slab Balinese Suar wood table set in the kitchen and a mid century antique Lane Alta Vista bedroom set. There is just too much to list so this is a must see! 
 
Call Jesse Yohnka 530-318-2518
 
 
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3583 Mackedie Way, $2,299,000
 
Indulge all your senses here in this gorgeous Lake Tahoe Modern Residence. Enjoy this well-crafted custom 7 bdrm, 6.5 ba. hm located in Heavenly Valley. Fully furnished & great for entertaining. Steps to Vails Heavenly ski resort, trails, arts & culture, casinos and more! It’s fully stocked to include majestic lake, forest & mtn views from every room including the expansive great room, anchored by a 2 story granite rock fireplace and the fully loaded Chefs gourmet kitchen with a huge granite slab counter where culinary creations are inspired. Eye candy views enjoyed from the dining & great room. Step out on the deck & enjoy the sunsets while you relax in the spa tub, or take in the show in the media room, then pop upstairs to the game room, fully equipped with your choice of billiards or ping pong. If that’s not enough, yes that is a fabulous full floor spa which includes an indoor swimming pool, steam shower & sauna room, plus lounge & fireplace. Come home to Tahoe & live the dream!
 
Call Bret Howard 530-318-5439
 
 
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874 Lapham Dr, $598,800
 
Fabulous Lake Tahoe finds this spacious 2400 sq. ft 4 bdrm., 2 ba home which includes a charming fully equipped mother in law unit, centrally located to all the great spots. Minutes to the extensive trail network to hook you and yours up to the shops, grocery stores, cafes, beaches and mtn paths. This Tallac Park neighborhood is highly sought after with a local’s community feel, tucked away in plain sight! Lots of remodeling over time; newer windows and roof, newer flooring and bath makeovers too. Built in oak cabinetry, soap stone freestanding gas fireplace. Terrifically well maintained, pride of ownership is evident in this long term local family ownership. Landscaped front and private fenced back yards for enjoying all the seasons with family and friends or chillin’ on the cool fall evenings on your private back porch. From our family to yours welcome home! 
 
 
 
Call Wally Johnson 530-277-5687
 
 
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 Featured Listings
 
 
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953 Lakeview Ave #3, $1,059,000
 
Lake Tahoe LAKEFRONT Townhome describes Unit #3 which is the closest unit to the lake, taking full advantage of the panoramic views in this well-maintained 6-unit townhome complex nestled among the tall pines of the ever-popular Al Tahoe neighborhood. Units are staggered for best views of Lake Tahoe with a fully landscaped courtyard. Complex property includes a pier & buoy and is currently awaiting full reconstruction of the bulkhead*. This 2 bedroom en-suite 1320 sq. ft unit comes fully furnished turn key**. It has enjoyed a complete remodel in the early 2000s and is a pleasure to show and view***. The reverse floor plan allows optimum advantage of lake, sierra mountain range sunrise and set views off the deck located off the great room; living kitchen and dining room* and includes a 3 ba on the living floor as well. Set back from the street for privacy with covered parking and a storage unit up front. Beautifully furnished & decorated with a “Tahoe turn of the century flair.” 
 
 
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940 Cave Rock Ave, $639,888
 
Best of both worlds, Ol Tahoe historic neighborhood yet a unique newer 5 bdrm., 2 ba charming cabin. All this plus it’s the best of locations in Al Tahoe, near beach, bike trails, shops, lakeview commons and cafs. Original cabin built in the 1930’s but was completely rebuilt in 1990 saving much of the original knotty pine wains-coating. This spacious mtn. style home has been host to many extended family gatherings, vacation home and now a long term rental. Highly desirable multi family or large gathering 2432 sq. ft. spacious floorplan, includes oversized living spaces, bedrooms and outdoor spaces as well. Perfect for entertaining no matter the season. Supersized kitchen with all the amenities, river rock mantel hosts the gas fireplace in the great room, all done in knotty pine making this a warm, inviting room for all. Plus loads of parking and places to hang. 
 
 
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Lot #1, Cascade Properties, $299,900
 
Fabulous filtered Lake View home site, located in the highly desired and uber-rare gated lakefront community of Cascade Properties. Almost a half-acre parcel w/ 23% coverage allows you to truly build the home of your dreams with 4,120 sq. ft. of allowable coverage. It’s literally been decades since a lot in this neighborhood has become available. When you open the gate into exclusive Cascade Properties you’ll be surrounded by nature’s deliverables; sanctity home sweet home. Oh and there’s internet for all your live, work, play moments .. plus you get gorgeous views of the surrounding peaks and Lake Tahoe too! Take a stroll, ride your bike or launch your SUP and view your new paradise. When you’re done paddling to nearby Emerald Bay and it’s time to relax .. lay back and enjoy Tahoe vistas and sunsets.  

Filed Under: South Lake Tahoe Real Estate Update

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