The economy and the markets have set several records in recent weeks as the negative impacts of COVID-19 begin to accumulate. Preliminary indications suggested that the consequence of mandatory shelter-in-place orders would be severe, and recent data is now providing confirmation. On a positive note, California’s current projections show that “going hard early” has helped us to flatten the curve in projections released this week, and both listings and pending sales have found some recent stability, but declines in the housing market are expected to accelerate in the coming weeks as closed sales catch up with depressed pending numbers. Click here to finish reading.
South Lake Tahoe Real Estate Market Stats
With a 5.8% monthly absorption rate (or 17.2% annual rate), we are sitting between a buyer’s market and a seller’s market, or in other words a balanced opportunity market. Given the current state of the Covid world and while access to Tahoe for many is virtual, somewhat counter- intuitively, we are still enjoying an active real-estate market where solid values can be obtained by the buying and selling markets.
Real estate listing Inventory is maintaining a slow but solid number of new listings coming to market while other inventory leaves the market in the form of sales (see absorption rate above) or expired listings. What we look for in these leading indicators is direction of the RE market for purposes of anticipating pricing and sales expectation. What we see currently is consistency (as opposed to volatility, such as the liquid equity investments markets). Please don’t hesitate to reach out to us and discuss the market place and how this might affect your plans for your real-estate at the moment we have green lights and blue skies but we’ll have to view it virtually! We can do that!!! To compare this report to last weeks, click here. To learn how to use the absorption rate, click here.
This spacious 3 bedroom 2 bath mountain modern home sells fully furnished. Move right in and start enjoying the good life. The 1,850 square foot like new custom home also features an upstairs master suite with walk in closet, master bath with a lovely soaking tub, double vanity sinks, custom tile shower and natural stone flooring and counter tops. Also hosts its own South facing deck for enjoying when drinking your morning coffee and a personal electric fireplace. Custom kitchen holds court between the two living, game and family rooms. The family space enjoy a gas fireplaces and the living room hosts a wood burning stove. All new flooring, appliances and fixtures in kitchen and bathroom. Newer roof, windows, roofing and paint. Great over sized back yard, accessed by a large deck off of the slider opening up to the great outdoors. Come live the good life in beautiful Lake Tahoe. Priced to sell.
Find yourself here in this Lake Tahoe Mountain style cabin, plus a separate in-law sleeping quarters above the 2 car garage. Walk to the lake, stop over at Whole Foods and the new Tahoe mini village with shops, cafes and markets. Minutes to Heavenly Ski Resort & the Ski Run Marina. Amenities include stunning open beam, cathedral style T&G ceiling with the ambiance and feel of the true rustic cabin, yet remodeled for the best of both worlds. Newer metal roof, kitchen & bath cabinetry, sinks & appliances, double pane windows, newer flooring and carpet and that’s just the main house. Step out and through the attached oversized 2 car garage and up to your in-law quarters finding the lofted 1 bdrm. 1 bath penthouse”. There’s also a roof top party deck for your outdoor entertaining.
Call this Tahoe Paradise” lovely home your Mountain get away or home sweet home!
Completely furnished for those that are ready to move right in and start having the time of your life in this truly well located roomy 3 bdrm. 2.5 bath home with open living style. The floor plan lends itself to entertaining or cozying up on those snowy winter eves and simply enjoy the good life while sitting by the fireplace. Indoor /outdoor living gives plenty of space to roam. The yard beckons as it opens up to rolling lawn and landscaped sitting areas not to mention the hot tub that awaits after a fun day out. But perhaps best of all is the out your door access to hiking & biking trails or wander down and enjoy the Meyers downtown and enjoy some of the local color! Snow season is upon us with 3 resorts mere minutes away! Yes, you can have it all. Well priced for this turnkey county home, only thing missing is you!
Calling all buyers. Here is your chance to own a custom Tahoe home in South Lake Tahoe. This home is located in a quiet neighborhood close to all the bike trails, beaches, Camp Richardson, Fallen Leaf Lake, shopping and restaurants. The attention to detail has been found at this property. The main floor encompasses the great room with wood flooring thru out, hickory cabinets, natural wood bar and stainless steel appliances in the kitchen, large windows thru out to let all the natural light in, cobblestone fireplace with gas insert in the living room area and a large deck for entertaining and relaxing. The master bedroom boasts vaulted ceilings with a custom etched glass window, large walk in closets, master bath with Jacuzzi tub, heated natural stone floors and large enclosed shower. Downstairs you will find an additional family room with two large bedrooms, large bathroom with double sinks and the laundry room. The back yard is the perfect spot for the fur babies being fully fenced.
Beautiful custom Tahoe home situated on a sunny corner lot in Montgomery Estates. Located across the street from national forest, this 4 bedroom 2.5 bath home boasts 2,995 square feet of living. Thoughtfully laid out design allows for single level living with master bedroom, kitchen, dining, living and laundry room on the first floor. A spacious loft, full bath, and 2 additional rooms encompass the second story. Enjoy yourself outside in the spa while looking at the forest. This property has everything in place and is ready for its new buyers personal touches!
Here’s your chance to own on the NV side of South Lake Tahoe in Lake Village. This 3 bed 2 bath unit comes with a coveted spacious 2 car garage. Located right across from forest service land leading to endless hiking and biking trails. This unit is updated w/granite counter tops, new kitchen cabinets, slate flooring downstairs and wood floors upstairs. Newer master bathroom with travertine flooring, spacious shower and double sinks. Located off the main road this unit is very quiet.
Wonderful move-in ready, ground floor unit located in Bavarian Village. Just minutes from Heavenly and Lake Tahoe, this 3 Bedroom 2 bath condo has been nicely maintained and is ready for its new owners. Located just steps from the community pool and hot tub as well as the upgraded laundry facilities, one can sit on their front porch and enjoy their wooded surroundings. All of the bedrooms are spacious with nice size closets. The kitchen opens to the dining and living rooms allowing for great entertaining. A new gas fireplace insert has been installed to keep one warm on the cold winter nights. There is a large storage closet off the porch to keep all of ones toys secure. Being offered fully furnished this place is ready to call home.
Heavenly Valley retreat! No detail was overlooked or dime spared in this beautiful remodel. Located just down the hill from Heavenly Ski Resort, this home offers beautiful filtered lake and mountain views. Sit on the wrap around deck and watch the sunset while warming by the double sided fireplace. Inside the home offers three bedrooms all with on suite bathrooms, large open concept kitchen/dining and living room and 2 car garage. Finish details include hardwood flooring through out, stainless steal appliances, granite counter tops, custom vanities, onyx and slate bathroom surrounds, designer window coverings and more. Unique to this house is AC and a sauna as well.
With views of Lake Tahoe and Heavenly Ski Resorts Gun Barrel run this immaculate 4 Bedroom plus bonus room, 4 Bath house offers living at its finest. Gourmet chefs kitchen includes a double oven, 5 burner gas cook top & granite counter tops. The living room has a slider out to the top deck with views of the lake that also shares a double sided see through fireplace with the living room. All the bathrooms have hand pounded copper sinks and exquisite natural stone work including onyx, travertine, granite and marble. The Master bath spares no expense with a hand pounded copper free standing bath tub, walk in shower and custom double vanity w/ copper sinks. This is truly one of a kind property.
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.