Investment home sales dominated the second home market in 2016, off the charts by 4.5 percent to total 1.14 million, according to the National Association of REALTORS® (NAR) recently released 2017 Investment and Vacation Home Buyers Survey-but vacation home purchases plunged, down 21.6 percent to a total 721,000.
NAR Chief Economist Lawrence Yun attributes the vacating of vacation home sales to low supply and unaffordability-the same issues plaguing the housing market overall.
“In several markets in the South and West-the two most popular destinations for vacation buyers-home prices have soared in recent years because substantial buyer demand from strong job growth continues to outstrip the supply of homes for sale,” says Yun. “With fewer bargain-priced properties to choose from and a growing number of traditional buyers, finding a home for vacation purposes became more difficult and less affordable last year.”
Lakeview vacation rental. 4 bedroom, 2.5 bath, fully furnished, fabulous charming home. Sweet home or home away from home..in either event it’s the good life at Lake Tahoe. This mountain style 2 story home is situated over Reagan Beach with full panoramic lake views from the living, kitchen, master bedroom, and best of all from the hot tub set on the expansive and landscaped backyard which is host to many a celebration. Lots of upgrades, paint, new decking, granite rock wood burning fireplace.
Summit Condos-Find yourself in Tahoe and paradise at the base of Heavenly Ski Resort who has bragging rights of over 100 inches of groomed snow (at time of writing and only minutes away) and short hike, bike or run to the beaches that are soon to be calling us to enjoy this spring and summer. Loads of room in this Mtn townhouse style 2 bdrm, 2 bath*.Fully furnished, with a wood burning fireplace creates the ambiance in this Lake Tahoe getaway.
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. Adjacent half-acre parcel is also for sale. Same owner, buy one or both. 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.
Fantastic second home, vacation rental, or primary residence! Plenty of room to have those large family get togethers yet still have room to get away in your own home…Nestled in a small County neighborhood, this home is placed on a large lot with storage galore! Updated kitchen, large upstairs family room with vaulted ceilings, an abundance of windows allowing natural light while you enjoy gorgeous views of the mountains and pine trees.
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.
The Good Life in Tahoe- with which comes this terrific Mountain Style split level spacious, furnished 1830 sq ft. 2/3 bedroom plus rec room/gym. 3rd bdrm is also close off family room with wet bar and cozy entertaining spaces, 2 baths and an oversized 1 car garage. Loads of storage space for your recreational equipment, outdoor furniture or snow removal equipment this year! Vaulted ceiling and other features include open sunny living spaces, cozy wood burning fireplace, step saver kitchen and dining room centered around the bay window overlooking acres of conservancy land on a private cul de sac setting.
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.
Cascade Property – Lake Tahoe’s secluded lake front gated community with private pier, where you feel miles away, yet minutes to everything. Located at the base of the Sierras, Emerald Bay and at azure Lake Tahoe water’s edge. Find your way home to this magnificent mountain Lodge situated on over .5.acre grounds overlooking Cascade Creek, picturesque framed views of Lake Tahoe and majestic old growth Cedar and Jeffrey Pines with miles of wilderness out your door.