AT HOME IN TAHOE
Happy Thanksgiving from the Riedel family! In this crazy year we’re all experiencing there is still a lot to be grateful for. Our Thanksgiving this year looked very different from the last. Deep in the woods, close together around a campfire, we all ate spaghetti. We enjoyed long family days down on the beach away from the crowds. While we were sad to not see our extended family, it was a wonderful time of disconnecting from the world and connecting more with our family.
As we look into the future of the North Lake Tahoe and Truckee real estate market we are predicting to see home values hold strong. Typically this season is our slower season, and while inventory remains low, we are expecting to see a slight increase following the holidays. Many buyers have been putting in offers for months now and are still anxious to find a home; they are ready to jump with offers as new listings will be coming to market in the next few weeks.
TAHOE 7 ACRE LAKEFRONT
2220 LANDS END
EAST SHORE, GLENBROOK, NV
5 Beds | 6 Baths | 6,888 SqFt
Offered for $11,950,000
Glenbrook Lakefront Oasis Enjoy the pleasures of life on your seven acre haven with rolling lawns, lakefront deck and mature landscaping, southern exposure and Lake Tahoe’s glorious sunsets every evening. The main house boasts country kitchen with morning room, sumptuous master suite, multiple wood burning fireplaces and four living areas ~ all with glorious lake views. The guest house is a perfect compliment to the main homes six bedrooms.
OFF GRID IN SIERRAVILLE
804 FIBERBOARD ROAD
NORTH OF TRUCKEE, SIERRAVILLE, CA
5 Beds | 5 Baths | 3,524 SqFt
Offered for $988,000
Live or play off the grid near Sierraville. Easy access from Reno and Truckee Tahoe. This location is perfect for time with family and friends…excellent snowmobiling and access to streams and lakes…fish, hike, mountain bike. Lodge-style home with plenty of room for everybody, and modern comforts. This property was formerly used as a bed and breakfast and it also has a Heli-Pad.
MARKET GUIDE & FUN READS
ROAD & TRACK: How the Ferrari 250 GTO Became the Most Valuable Car of All Time
“It was born in a tumultuous chapter in Ferrari history and never even won Le Mans. So how did the 250 GTO become a $70 million collectible?”
INMAN: New Home Sales Soar 41% in October
“September and October were the hottest two consecutive months of new home sales since 2006,” said Holden Lewis, the home and mortgage expert at personal finance website NerdWallet. ‘Homebuilders are selling homes just about as fast as they can, even though we’re in a recession. We could see a slowdown in early 2021 as builders ramp up construction.’”