AT HOME IN TAHOE
The buyer demand for homes in Tahoe and Truckee continues to drive our market values up. As we are all starting to prep for what a new school year might look like this fall, families are doing whatever possible to secure a home in the Tahoe area as soon as possible. Over the past two weeks, buyers have lost out on homes even with offers that are $100-400K over the listing price. With listings, we are seeing multiple offers on properties within days of the properties hitting the market. Even the less desirable properties are getting snatched up, as there is such little inventory available to look at, buyers are grabbing what they can.
INMAN: Bidding Wars Intensify as Mortgage Rates Hit New Low
Bidding wars continue to be fueled by increasingly low mortgage rates, and fewer homes listed for sale than any other time in the past two decades.
HOUSING WIRE: Here’s Why There Aren’t Enough Homes To Buy
There is a tremendous amount of buyer interest and the supply is not there; the lack of inventory is a bottleneck to growth, according to NAR’s Chief Economist, Lawrence Yun.
INMAN: Homes Continue to Sell at Fastest Recorded Pace by Zillow
Sellers continue to be at an advantage in July, with homes leaving the market at the fastest rate since Zillow began analyzing data.
NEW TO MARKET
10629 CARSON RANGE ROAD
SCHAFFER’S MILL, TRUCKEE, CA
4 Beds | 5 Baths | 3,591 SQFT
Offered for $3,250,000
A stunning modern masterpiece located in the resort golf course community of Schaffer’s Mill. Minutes to world class skiing, Lake Tahoe & endless recreational opportunities. Built to perfection with painstakingly curated appointments throughout. Designed to enjoy full-time living in collaboration with Mountain Concepts. The entire home is equipped with Lutron home automation & Tesla PowerWall system. Seamless indoor and outdoor living. An award winning home by the Tahoe Quarterly in 2019.
ON SET WITH A STAGING SPECIALIST
7425 LAHONTAN DRIVE
LAHONTAN, TRUCKEE, CA
One of the most powerful tools available to a seller is the ability to tell the story of a home. By partnering with a furnishing specialist, prospective buyers are able to walk into a home and envision their lives and the lives of their loved ones within the space. This luxury listing, in the exclusive neighborhood of Lahontan in the Martis Valley of Truckee, is the perfect example of exemplifying the mountain lifestyle with an emphasis on outdoor living and the cozy merging of indoor and outdoor space.
OVERLOOKING DONNER LAKE
16400 DONNER PASS ROAD
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.
SKISLOPE DONNER LAKE VIEWS
12110 SKISLOPE WAY
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.
325 SQUAW VALLEY ROAD
OLYMPIC VALLEY, CA
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.
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…