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South Lake Tahoe Real Estate Newsletter

January 4, 2019 by southtahoerealestate Leave a Comment

Hot Deals!

 

Open Houses this Weekend

 

News Links
Mortage Rates End The Year Lower

CoreLogic Reports November Home Prices Increased by 5.1 Percent Year Over Year

California judge blocks South Lake Tahoe rental home rules

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  

January 3rd                   

 

 

866.542.2912  
From Everyone at Deb Howard & Co, We Sincerely Hope 2019 is Off To A Fabulous Start!
 
As our dear friends and valued clients, Deb Howard & Co., “Lake Tahoe’s Real Estate Resource” with our team of specialists, we are ever more committed to providing stellar customer service along with our up-to-date, relevant real estate analysis, enabling us to navigate the everchanging markets on your behalf. As we enter new waters of 2019, we write to share our Lake Tahoe real estate forecast.
 
Good news – 2019 should be a year of stabilization in our South Shore Lake Tahoe real estate markets with slow and steady forward movement, both in sales at 2% – 3.5% and pricing projected at 3%- 3.5% appreciation as forecast by National Association of Realtors and California Associations of Realtors. Since the bottom of the market in 2012, we have seen double digit uptick in pricing (year over year) but a decline in sales due to the pricing increase which presented affordability issues. The good news – US underlying economic fundamentals are forecast to be stable to good: GDP at just under 2.5%, unemployment decreasing to 4% and interest rates projected to hover in the 5%+ range, all of which contribute to consumer confidence uptick!
Lake Tahoe and “resort & second home” real estate markets have enjoyed the spotlight historically for the following reasons, all of which are fueling stabilized values and driving a new infusion of qualified home buyers, investors and vacation lifestyle buyers:
  • Value pricing coupled with fair interest rates
  • Diversification of portfolio toward tangible investment
  • Quality of life and life style desires
  • Attractive investment property opportunities with ROI
  • Revitalized Resort Community with four seasons to enjoy
Whether buying or selling, your timing could be perfect as this market has compelling offerings! Contact us for a complimentary market analysis of your property value or go to our website www.realtordeb.com to see all Tahoe area properties that are currently for sale, view our current trend and forecast newsletter, and meet our team. Of course please email, text, call or visit our offices in the South Shore, our CA office is located across from the all new Whole Foods of Lake Tahoe.
 
Thank you again for the opportunity to work with you and we wish you and yours a wonderful New Year full of good health, happiness and goodwill.
Opens

Open Houses                   

Saturday, January 5th   
 
                   

Both Bridle & Bonita will be open at the same time. Bonita is the host house. 
 

1441 Bonita Rd, $549,000       
 
1441 Bonita Rd
11:00am-1:00pm
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. Street level access through the finished overflow sleeping/ storage area. Amenities include- Metal roof, covered entry steps, enclosed mud room, bear box, Great room with vaulted ceiling and floor to ceiling wall of windows looking west to the Sierra range and the slopes of gunbarrel and world cup

  

Hosted by Mason Hibbard 

3932 Bridle Rd, $669,000       
 
3932 Bridle Rd
11:00am-1:00pm
Be here in time for the Good Times the cool evening air is upon us and bodes well for another epic snow season which can best be enjoyed from any one of the 4 bdrm. Plus with overflow rooms for the whole group, everyone has a separate space & entrance. Come and go at your leisure from this 2700 sq ft plus, plus mtn bed and breakfast designed home with stunning views of Heavenly’s Gunbarrel and World Cup runs from the eat in kitchen dining area and multi level decking for out door fun and activities! 

  

Hosted by Mason Hibbard

1231 Heather Lake Rd, $579,999       
 
1231 Heather Lake Rd
12:30pm-2:30pm 
Here is the perfect scenario, Live in one unit and rent the other two out. The Blackwood home is a beautiful two bedroom one bath with an extra long 1 car garage. An open concept living/ kitchen area with a wonderful front deck. The duplex on the Heather Lake side are updated 1 bed/1 bath units. Each has its own wall units and & water heater as well as large back yards and sunny front porches. Property is on a private community well.  

  Shannon Whitt

Hosted by Shannon Witt 

747 Taylor Way, $435,000         
 
747 Taylor Way 
10:00am-12:00pm 
Wonderful rancher located blocks from the high school in Gardner Mtn. great single story rancher features – 3 bedrooms, 2 full bathrooms, open kitchen dining area and living area with an open wood burning fireplace. Newer roof, carpeting, laminate flooring, granite counter tops and interior/exterior paint make this property move in ready. Natural landscaping and a great wood fence enclose this private residence.   
Shannon Whitt    
Hosted by Shannon Witt  
Opens

Open Houses                   

Sunday, January 6th  
 
                   

Both Bridle & Bonita will be open at the same time. Bonita is the host house. 
 

1441 Bonita Rd, $549,000       
 
1441 Bonita Rd
11:00am-1:00pm
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. Street level access through the finished overflow sleeping/ storage area. Amenities include- Metal roof, covered entry steps, enclosed mud room, bear box, Great room with vaulted ceiling and floor to ceiling wall of windows looking west to the Sierra range and the slopes of gunbarrel and world cup

  Wally Johnson

Hosted by Wally Johnson 

3932 Bridle Rd, $669,000       
 
3932 Bridle Rd
11:00am-1:00pm
Be here in time for the Good Times the cool evening air is upon us and bodes well for another epic snow season which can best be enjoyed from any one of the 4 bdrm. Plus with overflow rooms for the whole group, everyone has a separate space & entrance. Come and go at your leisure from this 2700 sq ft plus, plus mtn bed and breakfast designed home with stunning views of Heavenly’s Gunbarrel and World Cup runs from the eat in kitchen dining area and multi level decking for out door fun and activities! 

  Wally Johnson

Hosted by Wally Johnson 
 
 
OpensFeatured Listings

1418 Skyline Dr, $387,900        
 
1418 Skyline Dr
Fabulous Lake Tahoe and Tahoe Paradise finds this near perfect lil’ cabin in the woods, nestled on over half-acre wooded parcel, minutes from the best of Tahoe; winter sports/ski resorts,  hiking/biking trails and the Truckee river for summer water recreation or sunbathing in the meadow!  Easy access to and from this charming yet spacious 3 bdrm. rancher with 2 ba., open great room floor plan that expands the remodeled entertaining space to the ample sized decking and oversized fenced yard. Come see for yourself and enjoy the privacy and the versatility that this location, along with the well maintained improvements and additional entitlements has to offer. Call this home or home away from home… And while away, let others enjoy your county home whether it be through the short term/seasonal vacation or full-time rental options, all of which make this home a golden opportunity to own a piece of our beloved Lake Tahoe.   
 

3704 Primrose, $339,900    
   
3704 Primrose
Wonderful upgraded 2 bedroom, 1 bath within walking distance of Stateline.  This is the perfect starter Tahoe home. Wonderfully landscaped this lot is Giant and has room for all of your toys and fur babies. The house itself has a newer metal roof upgraded kitchen, appliances, bathroom, flooring, interior and exterior paint and flooring. You don’t need to do anything except bring your personal items!   
 

1323 Keller Rd, $1,340,000        
 
1323 Keller Rd
Surrounded by forest with peek-a-boo Lakeview’s, this one of a kind mountain masterpiece is a must see. Built in 2004, this home was finished with attention to the finest detail. Dramatic 22′ open beam ceilings, 60 wood-clad windows and skylights plus rustic maple flooring. The professional chefs kitchen includes built in appliances, granite slab counter tops and custom Alder cabinetry. The home offers not one but two master suites, 4 jetted tubs in all, a game room and hot tub situated in the trees. Located just down the street from the California Lodge at Heavenly on a 10600 sqft lot backing to USFS land, what more could you ask for? Being sold turnkey all you need is your family to call this place home!  
 

952 Kekin St, $519,900        
 
952 Kekin St
Find yourself in this lovely customized 3 bdrm, 2 story house, located in Iconic Christmas Valley, Lake Tahoe. Minutes to all the ski resorts and amazing outdoor lifestyle. The reverse floor plan takes advantage of the roof top stunning mountain views with an abundance of sun on the 2 upper decks and fenced yard. Quality throughout! Features Include: natural stone flooring, new carpet, vaulted wood ceilings, freshly painted inside and out… Kitchen features: stainless steel frig, stove and oven. Master bdrm. w/closet, Jack n Jill bath & slider that leads to private balcony. Large fenced yard perfect for outdoor entertaining the whole gang or hang a hammock and take a chill.   

852 El Dorado, $529,900    
    
852 El Dorado
This unique home sits on the meadow with the most wonderful view of Tallac from all the back windows and wrap around deck. Located on a quieter street in Al Tahoe, this 3 bedroom 2 bath offers a very unique design with its hexagon shape. Upgrades include newer kitchen cabinets in the main kitchen and newer updated bathroom. Step outside your backyard fence and hop on the path to the beach via a gorgeous walk through the meadow. With this location you also have quick access via biking or walking to restaurants, shopping, the community rec center and everything else that Tahoe has to offer. The back yard is landscaped but needs a bit of attention. This diamond in the rough is just waiting for someone to come in and polish it into the gem its meant to be.   

3796 Paradise Ave. $409,990       
   
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. 

14245 Powder River, $919,000       
14245 Powder River 
One owner home on a full acre, Cul-de-sac location with 45’x22′ RV parking and mountain & valley views. Downstairs home office and large upstairs rec room. Lots of windows let the outside in and the kitchen area was designed with entertaining in mind complete with sit-up bar.   

6198 Carriage House Way, $569,000      
   
6198 Carriage House Way 
Located on the 13th hole of Lakeridge Golf Course with expansive views of the course, valley and surrounding horizon. The community of Carriage House is a gated, quiet, well established area of traditional homes with low homeowner association fees and centrally located in sought after southwest Reno. Lots of windows and vaulted ceilings let the outside in. The master suite is located on the lower level and there are two additional bedrooms upstairs with shared full bath, mirrored closet doors and views!

 

 

1931 Lake Tahoe Blvd, $2,300,000           
 
1931 Lake Tahoe Blvd 
Unique opportunity for investor or owner operator to purchase an iconic retail property in South Lake Tahoe. Long term tenants have been in place for the past 30 years. Scotty’s True Value Hardware current lease runs through November 2020 and Napa Auto Parts lease runs through June 2019. You can choose to write new contracts with better terms for existing leases or take this opportunity to find new tenants or move your business to the property. Total 13,731 square feet according to last appraisal. Partial ADA compliance- restrooms not included. 36 existing parking spaces. 

3132 US Hwy 50, $169,900          
 
3132 US Hwy 50 
Here’s your opportunity to own one of the few restaurant spots in Meyers. Burger Lounge Meyers has been in operation for a little over 2 years and has an established, great clientele. The restaurant is ready for a new owner to take over and bring their vision to light. Currently the menu consists of burgers, chicken sandwiches, hot dogs, deli sandwiches, salads and Mexican specials. There is so much opportunity to grow in this spot. There is a huge upstairs area that can currently being used for an office and storage. Are you ready to let your culinary dream come to life??  

3490 Pony Express, $225,000          
 
3490 Pony Express 

Filed Under: South Lake Tahoe Real Estate Update

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