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South Lake Tahoe Real Estate Update

December 4, 2020 by southtahoerealestate Leave a Comment

Hot Deals!
 
Open Houses this Weekend
 
News Links
 
What To Expect in 2021’s Housing Market: This Is How Much Home Prices Will Rise
 
“Travel Safely, Adventure Greatly” Is The Message Carson Valley and South Lake Tahoe Convey For Visitors
 
Tahoe Quarterly Magazine
 
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South Lake Tahoe Events 
 
LTUSD Community News  
 
Tahoe Weather – The weather is perfect in Tahoe! 
 
Agents Of The Month
 
Buying Agent
Shannon Witt
 
Selling Agent
Wally Johnson
 
Lake Tahoe Real Estate Resource 
December 4th, 2020 
866.542.2912
 
Coronavirus Real Estate Update
 
Rather than slowing down for the winter, the housing market in California is showing signs of accelerating as we enter December. Both the backward- and forward-looking indicators suggest that November and December will maintain the double-digit pace in closed sales and that prices will be up by more than 10% this year. Rates remain low and several key macroeconomic indicators also improved last week. And yet, even as we near the proverbial light at the end of the tunnel for the pandemic, several key challenges remain before we can fully put this crisis in the rearview mirror. Market Activity Remains Strong: Despite a slowdown in market activity, home sales remained relatively robust. Indeed, compared to the same week in 2019, there were 4.1% more home sales over Thanksgiving this year. In addition, this week’s data shows that annualized growth averaged double-digits throughout the month of November, so the monthly figures are likely to be up by more than 20% again this month. Read here.
 
Weekly South Shore Real Estate Stats
 
 
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We are at a .86% absorption rate, which means less than 1 month of inventory and no end in sight given the month over month activity shows that sales are increasing slightly, inventory is lowering and pending sales are holding steady. 
Be careful out there this festive holiday season. And If real estate activity is in your plans, let us help you safely make that a dream come true! We can tour with you in person or virtually. See our Matterport tours at realtordeb.com to get those creative juices flowing!
 
 
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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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1329 Wildwood Dr. $1,499,000
 
Lake Tahoe’s amazing gated Heavenly neighborhood finds this most enticing opportunity, check it out! Fabulous Lake Tahoe & Heavenly Ski Resort 360 degree views comes with this spectacular 3 bdrm.,+ game room, 2.5 ba 2400 sq. ft Mtn Chalet with stunning remodeled great room anchored by a floor to sceiling rock gas fireplace, beautiful hardwood floors thru-out, gourmet kitchen to wow even the most discerning of chefs. All this sits prominently perched on over 1.3 acre with wrap around decks and family sized hot tub excellent for enjoying all 4 incredible seasons. But wait there’s more.. as you stroll around the nicely landscaped grounds Check out the 2400 sq. ft commercial grade utility /RV heated garage perfect for all your toys and I do mean all your toys plus your RV, plus your collector cars and more. Remodeled upgrades and amenities include a newer heavy comp roof, new wood and vinyl framed windows thru-out, recent exterior paint and new light fixtures, driveway sealcoating, RV hook ups, wine cellar, hydronic heated entry /mud room, game room flooring, oversized 2 car attached garage.
 
 
Call Bret Howard 530-318-5439
 
 
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2721 South Upper Truckee Rd. $409,900
 
Calling all creative thinkers, contractors or handy humans to check out this Lake Tahoe Mountain style Gambrel situated on a super sunny corner parcel in beautiful Christmas 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 bedrooms. 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!
 
Call Wally Johnson 530-277-5687
 
 
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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! 
 
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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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. 
 
Call Nicole Ladd 408-712-2439
 
 
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 Featured Listings
 
 
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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!! 
 
 
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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.” 
 
 
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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. 

Filed Under: South Lake Tahoe Real Estate Update, Tahoe Locals

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