AT HOME IN TAHOE
The summer real estate season here in North Lake Tahoe and Truckee began on strong footing. With a lack of inventory and very motivated buyers, we are seeing a competitive real estate market. We are watching homes sell the same day they are listed with multiple offers and going for over asking price. For those considering buying a home- you need to be ready, have your current pre-approval in hand, an introduction letter ready, and your realtor in close communication. For those considering selling a home, we suggest reaching out as soon as you are ready to ensure your home is poised for a likely, very brief time on the market due to such low inventory. There are numerous build ready options for residential land in the area; now is a great time to consider designing and building the home of your dreams.
NAR: Pending Home Sales Climbed Record 44% from April to May
It was the biggest monthly gain ever reported by the National Association of Realtors (NAR) in the nearly two decades since the association began tracking the data in 2001.
Inman: Summer Outlook, Real Estate Buying Season Begins on Firm Footing
While inventory is not growing at its typical early summer rate, home buying prices are rising suggesting a resilient market amidst the current pandemic and economic concerns.
Inman: How Are Home Prices Still Rising During the Pandemic?
Although the stock market has been volatile for weeks and unemployment has continued to rise, home prices have been seemingly unaffected.
NAR: Predicts Major Homesale Rebound This Summer
Overall in the US, existing-home sales fell annually for the third straight month in May, but NAR expects that to change over the coming months.
5 Beds | 5 Baths | 4,089 SQFT
Offered for $1,900,000
Contemporary mountain home with wonderful lake views in a very quiet, low elevation subdivision of Incline Village, Nevada. The dramatic architecture with soaring, cathedral ceilings adds so much volume and space with a bright sunny floorplan, big picture windows and lots of natural lighting. This home is wonderful for entertaining in the large living area that opens with 8′ Sliding Glass Doors to a deck overlooking the yard and Lake Tahoe.
4 Beds | 4 Baths | 2,666 SQFT
Offered for $1,650,000
A mountain modern masterpiece along the Truckee River. Award winning, David Baker Architects designed this truly inspired space, perfect for urban living on the water. Prepare to be swept away by a home like no other with expansive living area opening to tiered decks, patio and stone path guiding you to the prime Truckee River frontage. One bedroom ADU option or use as 4th bedroom plus a den. Custom wood and metal work throughout the home.
Offered for $2,800,000
Rare opportunity! Build ready, piece of paradise overlooking Donner Lake. Ideal for that dream family compound, or can be subdivided into three 20 acre home sites. It represents the only remaining residential estate property in Donner Summit Canyon. Nestled between Donner Lake and the world renowned Donner Summit area, the property features fantastic views, and seasonal creeks and springs.
0 OLD DONNER SUMMIT ROAD
Offered for $1,950,000
In the heart of Donner Summit lies a rare 27.6 acre development opportunity. Embrace adventure in your own backyard in this unprecedented location. Adjacent to Sugar Bowl Resort, on the Pacific Crest and Emigrant trails there is something for everyone. Ski, hike, run, bike, climb or simply explore the Sierra’s from your mountain estate. Build your very own family compound or develop an exclusive mountain community catering to like minded adventure seekers. Possible Seller financing and joint venture option.
TAHOMA COMMERCIAL LAND
7069 WILSON AVENUE
MIXED USE LOT
Offered for $340,000
Great Mixed uses Commercial land opportunity in the heart of Tahoma. With 25% coverage this lot has many potential uses. Community Commercial Zone, provides for residential, retail sales, office and other mixed uses. Located within the Tahoma commercial core area very conveniently located next to Homewood ski resort.
Offered for $379,000
Upper Tahoe Donner lot overlooking Donner Lake. This property is perfect to build your dream home capturing the majestic views of Donner Lake and the surrounding peaks. In wonderful Tahoe Donner, offering the endless and convenient amenities. Defensible space certified.
Offered for $15,000,000
Private and sheltered-for those desiring a pristine retreat from the world-but who also want to be close to world renown Squaw Valley skiing, hiking, biking and Lake Tahoe’s recreation, arts and entertainment. This rare opportunity to craft and define the last and most significant landholding in the heart of Squaw Valley may never come again. This exceptional 29.6 acre assemblage offers a custom home, multiple development sites and opportunities for conservation.
0 OLD DONNER SUMMIT ROAD
Offered for $595,000
In the heart of Donner Summit lies a rare opportunity. An unprecedented location, right next to Sugar Bowl Resort, Royal Gorge and the Van Norden Meadow, on the Pacific Crest and Emigrant trails there is something for everyone. Ski, hike, run, bike, climb or simply explore the Sierra’s from your mountain estate. Build your very own family compound or develop an exclusive mountain community catering to like minded adventure seekers. Possible Seller financing and joint venture option.
JULY MUST READS
• Outside Magazine: Man v. Wild, The Misunderstood Python Hunters
• Texas Monthly: The History of Juneteenth Day in the State Where They Started
• Silodrome: A Brief History of the Amphicar,
Fastest Car in the Water & Fastest Boat on the Highway
• Wired: Pushing the Human Body Beyond all Limits
• Huckmag: Photography that Fights, Dorothea Lange
• Harvard Business Review: Want to Be More Productive? Do Less.
• Are We There Yet: The SpaceX Launch
THINKING ABOUT SELLING YOUR HOME IN 2020?
Reach out to us to see what you’re able to do now to prepare for the right time…