South Lake Tahoe Real Estate Update

Source: CALIFORNIA ASSOCIATION OF REALTORS® Low mortgage interest rates and pent-up demand from a desire for homeownership will bolster California home sales in 2021, but economic uncertainty caused by the coronavirus pandemic and continued supply shortage will limit sales growth, according to a housing and economic forecast by the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.). The baseline scenario of C.A.R.’s “2021 California Housing Market Forecast” sees a modest increase in existing single-family home sales of 3.3 percent next year to reach 392,510 units, up from the projected 2020 sales figure of 380,060. The 2020 figure is 4.5 percent lower compared with the pace of 397,960 homes sold in 2019. Click here to finish reading.

The South Shore of Lake Tahoe has finally hit one month’s worth of inventory with a 1.5 absorption rate! While this is still very much a seller’s market, we are headed in the right direction and there are nuggets and pockets of property that present some lovely opportunities for buyers. Life in our new Covid world keeps throwing curve balls at us but we are Tahoe Strong and will be here when you are ready to make your next move!

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. 

 

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. 

 

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!

 

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.” 

 

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! 

 

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!

 

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. 

 

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! 

 

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.