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South Lake Tahoe Real Estate Newsletter

September 23, 2016 by southtahoerealestate Leave a Comment

Hot Deals!

 

Open Houses this Weekend

 

News Links
 

US average 30-year mortgage rate declines to 3.44 percent

South Tahoe High School Ranked No.7 Most Beautiful Campus
 

South Lake Tahoe Events

 

LTUSD Community News

 

Tahoe Weather – The weather is perfect in Tahoe!

 

Lake Tahoe Real Estate  

September 22nd  

 

 

866.542.2912
California housing market loses momentum in August as affordability crunch stifles home sales
Existing, single-family home sales totaled 420,360 in August on a seasonally adjusted annualized rate, up 1.1 percent from July and down 2.2 percent from August 2015. At $526,580, August’s statewide median home price is at its highest level in nearly seven years. Year-to-date sales are down from the previous year for the second month in a row by 0.5 percent. LOS ANGELES (Sept. 15) – California home sales downshifted in August as low housing affordability and a tight supply of homes for sale cut into demand, especially in high cost areas of the San Francisco Bay region, 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 420,360 units in August, according to information collected by C.A.R. from more than 90 local REALTOR® associations and MLSs statewide. The statewide sales figure represents what would be the total number of homes sold during 2016 if sales maintained the August pace throughout the year. It is adjusted to account for seasonal factors that typically influence home sales.
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Deb Howard & Co Joins The Sample The Sierra Fun



One of our favorite Chamber events of the year is the Sample The Sierra! We host a booth every year and this year we partnered with RPM Mortgage. It was so great to see so many new and familiar faces as we all enjoyed the best that South Lake has to offer.
C.A.R: Boomers On The Hunt
Opens

Open Houses                                         September 24th    

 1627 Choctaw St $299,000
1627 Choctaw St Saturday 10:30am-12:30pm
Looking for love in Lake Tahoe…don’t look too far…as you will fall in love with this perfect Tahoe A Frame. While it’s small in size, it’s huge in space to make can call this your very own home here in lovely Tahoe Paradise! Immaculately cared for and updated to delight throughout this completely remodeled 2 bedroom/ 1 bath charmer. New wood and Travertine flooring throughout, totally new kitchen and bath; shower enclosure, vanity and sink, cabinets, stove, oven and refrigerator, dbl pane windows and newer shutters, new interior designer paint, skylights, newer water heater. Turn key condition, fully furnished with minor exclusions list. Shed included.

Wally Johnson
Hosted by Wally Johnson

3374 Grass Lake Rd $679,000
3374 Grass Lake Rd Saturday 10:00am-12:00pm
Once in a life opportunity to find this dream home. Welcome to Sierra Wood. Spectacular 3.8 acre parcel Truckee River setting finds this one of a kind Mtn Chalet set on the bend in the river. Breathtaking river views are afforded from nearly every angle of this 3 plus bdrm, 2 plus bath charming Mtn chalet including the lg. back redwood deck (built to last), living room with bay window, from the step down library with gas fireplace, the music/office with cathedral style windows overlooking the waters, the flowers flora and fauna or either of the two upstairs bedrooms and lastly from the lofted family/ workout loft.
Michelle Cutting
Hosted by Michelle Cutting

1228 San Bernardino Ave $519,900
1228 San Bernardino Ave  Saturday 12:30pm-2:30pm
Great family home on a large flat lot in a lovely County location. 4 bedrooms plus office or storage room, spacious kitchen with 2nd sink and large island, and private decks off both. Oversized upstairs bedrooms. 2 bedrooms upstairs, 2 bedrooms downstairs, separate laundry room and walk-in pantry. Come see this home today.
Michelle Cutting
Hosted by Michelle Cutting
Opens

Open Houses                                        September 25th      

1343 Susie Lake Rd $679,000
1343 Susie Lake Rd Sunday 10:00am-12:00pm
You asked for it! Brand new, 2700 sq ft. custom built executive home in upscale neighborhood. Centrally located, minutes from the lake, Vail’s Heavenly Ski resort and world class entertainment. Quality craftsman style home boasts 4 bedrooms, 3 baths featuring elegant travertine finishes, 3 decks and XL 2 car garage to store your toys. Entertain in the oversized great room graced by 9′ vaulted ceilings, warm up at the Lennox gas fireplace with a floor to-ceiling stone hearth.


Hosted by Christin Dohm

OpensFeatured Listings

 3535 Lake Tahoe Blvd #309 $343,500
3535 Lake Tahoe Blvd #309
Great vacation getaway or rental. Hard to find 1 bedroom suite with loft condo at one of Tahoe’s finest lakefront resort, Lakeland Village. This fully furnished and remodeled unit has a peek-a-boo view of the lake on which the complex resides. This unit has easy access to a large private beach and a host of other amenities, including a fitness center, sauna, tennis courts, spas, swimming pools, lakeside BBQs, underground parking (with elevator for ease of access) and is located on the 3rd floor and in the main lodge close to the year round heated pool and spa, fitness center & saunas.

1647 Keller Rd $1,849,900
1647 Keller Rd
The stunning Villa Tramonte” is a rich Italian rustic-styled home with a separate fully equipped guest apartment, skillfully terraced into the mountain-side just above Vail’s Tahoe Heavenly Ski Resort. Only when you enter the Villa can you fully appreciate it’s multi-level Lake Tahoe panoramas and feeling of tranquility. Its unique tiered architecture offers unprecedented levels of seclusion and affinity with one of the most beautiful lakes in the world. The ski-in/ski-out location is bordered by preserved USFS land that provides surplus quiet and solitude.

2281 Blitzen Rd $449,000
2281 Blitzen Rd
Immaculately maintained and remodeled duplex in beautiful Christmas Valley of Lake Tahoe. 2 bedrooms, 1-1/2 bath each side with carports. Mountain views and sunny decks. Low maintenance vinyl siding, composition roof, newer double pane vinyl windows, and updated flooring. Long term tidy tenants would love to continue renting for stable income stream if desired. Shows very well. Pride of ownership is evident throughout.

 1322 Knoll Ln $749,000
1322 Knoll Ln
Tahoe- Alive and well, this you’ll find, along with what ever your dreams and heavenly visions of lifestyle are here at Lake Tahoe. The home at 1322 Knoll embodies all the best you’ll want; great secluded setting on cul-de-sac plus Lake Tahoe views and spectacular sierra sunsets and vistas. Then there’s the house you’ve got it all!

 1410 Ski Run Blvd #11 $239,900
1410 Ski Run Blvd #11
Heavenly Location, location! Short Sale opportunity knocks. Adjacent to the forest and just blocks to the shores of Lake Tahoe and Heavenly and minutes to the casinos, shopping and dining, this end unit embodies everything about South Shore living. Cute, clean and featuring downstairs living with an open floor plan from the living room anchored by fireplace to the remodeled kitchen, a half bath and laundry area for convenience and a deck off the back to soak it all in. Upstairs you’ll find two bedrooms with vaulted ceilings , both with ample closet space and a full bathroom.

3790 Markoffer Way $369,000
3790 Markoffer Way

A must see for those looking for a great income property with excellent tenants already in place. 3 bedroom, 2 bath cabin in front with 2 bedroom 1 bath behind. Long term tenants. Front unit rents for $950/mo, back unit is $850/mo. Both units feature laminate flooring, large living rooms, and laundry rooms. Roof is only 2 years old. Exterior was just painted. Newer double pane windows. Close to Stateline, the Village at Heavenly, gondola, restaurants, Heavenly Ski Resort, and bike trails, etc. Tenants are on month to month lease agreements. As of 4/28, zillow.com gives this property a zestimate value of $491,000! Priced significantly less, don’t miss this great value.

3601 Vanda Lee Way $414,900
3601 Vanda Lee Way
Needing a commercial property for your day care center, school, church, or women’s center? Or, tear down and build a multi-family or large home. Previously a Montessori preschool, this property has tons of parking, plenty of space and views of the meadow and Heavenly Ski Resort. Sky’s the limit for someone looking for a unique development opportunity. Current use is a single family residence.

269 Wren Dr $3,345,000
269 Wren Dr
Nothing Less than Spectacular.. Jaw dropping views and sunsets over Emerald Bay comes with this most impressive fully furnished (down to the linens, dishes, and flat screens… There are many) custom re-build, nearly 6.300 sq. ft.; 6 plus bdrms (3 en suites), 4.5 ba, Rec/exercise room, and mother in law/guest quarters. Finished in top of the line quality craftsmanship from top to bottom on all floors that are accessible by elevator. Complete with atrium windows to enjoy the lake view and ride down from street to the formal entry. Don’t forget while this is a great home for the whole family and friends, it is a very successful vacation rental income producer So you really can have your cake and eat it too (subject to IRS rules of course).

625 Alma Way $999,900
625 Alma Way
Large Bavarian style home with lake and mountain views located in highly desirable Zephyr Heights. Solidly built with tons of privacy on a very special, fully landscaped, .28 acre lot with mature fruit trees, full sprinklers, wrought iron fencing and gated entrance. In addition to the large lake view living room, this home boasts a huge game room or separate guest level with fireplace and spa with a rock waterfall. With a total of 4 bedrooms, 4 baths and over 4000 square feet, there is plenty of room for your entire family and guests. A very special property with several decks, a large sunroom/green house, and nice views.

1070 Emerald Bay Rd Burger Stop $55,000
1070 Emerald By Rd
Perfect starter business for someone looking to get into the restaurant arena. This turn Key operation features new commercial hood, flat grill, sandwich station, soft serve yogurt machine. Walk in freezer, numerous prep stations, APA compliant facilities and indoor/outdoor seating. Great place to start your dream!

1379 Chinquapin Dr $79,000
1379 Chinquapin Dr

Filed Under: South Lake Tahoe Real Estate Update

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