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South Lake Tahoe Real Estate Update

November 13, 2020 by southtahoerealestate Leave a Comment

Hot Deals!
 
Open Houses this Weekend
 
News Links
 
Final Highway 50 Main Street Plan Available
 
South Lake Tahoe Gets a Foot Of Snow With More On The Way!
 
“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 
November 13th, 2020 
866.542.2912
 
As the country celebrates our Veterans this week, Deb Howard & Co wants to recognize and express our gratitude for those that have served and are currently serving in our U.S. Military!
 
Buying Frenzy Heats Up in Second-Home Market
 
 
Homes are selling much quicker than they did a year ago, and sales of resort and second homes are no different. “Properties are moving fast,” Gay Cororaton, senior economist and director of housing and commercial research at the National Association of REALTORS®, said Friday during the virtual 2020 REALTORS® Conference & Expo. In September, 68% of vacation homes sold in less than a month, according to the REALTORS® Confidence Index Survey. Historically, about 30% sell that quickly, she said. “It’s a pretty amazing uptick compared to past years,” Cororaton added. Sales of resort and second homes accounted for 6.3% of overall home sales in the third quarter, up from about 4.5% in the second quarter, according to the RCI. Finish reading here.
 
How President Joe Biden Will Reshape the Nation’s Housing Market
 
One of the main planks of Biden’s $640 billion housing plan, which his campaign dropped in February, has been to help more Americans become homeowners. Now that he’s president, he has the opportunity to turn that high-flying plan into reality as he tries to heal the divisions within the nation. He plans to give first-time home buyers a down payment tax credit of up to $15,000 that they could actually use at the time of purchase. As home prices have soared in recent years, this could be a big help to many cash-strapped buyers. The median home list price was $350,000 in September, according to the most recent data available. Click here to finish reading.
 
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 upcoming Veteran’s Day week and we will be here when you are ready to make your next move!
 
 
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Tahoe Fund Fact
 
Tis the season! Our friends at the Forest Service are beginning the sales of Christmas tree permits on Monday, November 16th. This provides a fun and unique way to get the family out of the house in a socially distanced manner while taking care of our Tahoe forest. Permits will be sold exclusively online this year on the USDA Forest Service Website.
 
 
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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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1283 Wildwood Ave, $1,080,000
NEW LISTING!!
Home for the holidays- prepare to be wowed by the stunning panoramic views of majestic Lake Tahoe, and sunsets over the Sierra Mtn range, city lights and the runs of Vail’s Heavenly Ski Resort as seen from this turnkey fully operational vacation home nestled on boulder studded quarter acre corner parcel up above it all in the Heavenly neighborhood. This 3 bdrm.+ plus bonus rm, 2 bath, nearly 2,000 sq. ft. rancher with 2 car gar and an oversized back deck (with aprs ski Hot Tub beckoning just off great room), has been host to many a good time. Now it’s your time to take this gem, this aging beauty to the next level and let her shine! Location, setting and orientation of this home makes it a perfect fit for all your plans. That, plus, the large parcel backing to acres of public forest gives you that added serenity, privacy and miles of trails for hiking and discovery.
 
Call Bret Howard 530-318-5439
 
 
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2709 Wailaki St, $799,000
 
For the first time on the market this stunning contemporary mountain home on two lots offers beautiful finishes, an outdoor entertainment area of your dreams and just the right amount of space to spread out but still feel cozy. Upon entering the large entryway your welcomed into the home with travertine floors and warm vertical grain fir wainscotting. The kitchen features cherry cabinets, granite counter tops and a new chefs Wolf stove/oven. The flow of the kitchen to the dining room and living room is open and leads you out to your master backyard. The back yard is outfitted with a covered BBQ area of a chefs dream including a Turbo grill and burners. Step down onto the stone patio area and you’ll find a large fireplace and rotisserie pit. A new composition deck wraps around the covered porch area to a private hot tub overlooking the mature backyard. There is a main suite on each floor and the garage has been converted into a game/lounge area. This is a must see!! 
Shannon Whitt
 
Call Shannon Witt 530-863-0548
 
 
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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 Jesse Yohnka 530-318-2518
 
 
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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.” 
Wally Johnson
 
Call Wally Johnson 530-277-5687
 
 
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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 Nicole Ladd 408-712-2439
 
 
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 Featured Listings
 
 
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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! 
 
 
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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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