The Q Take | Record Market Growth in 2024

Real Estate Market and Trends

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The Lake Tahoe luxury market experienced significant growth in 2024, highlighted by record-breaking sales and strong demand. A landmark transaction set a new benchmark for the Tahoe Basin, reflecting the appeal of the region’s high-end properties. While some areas saw substantial increases in activity, others faced slight declines, all underscored by a persistent inventory shortage driving prices upward. Despite these challenges, property values remain stable, supported by sustained buyer interest.

For more information on Lake Tahoe properties or questions on the real estate market, contact Amie Quirarte with The Q Group.

JUST SOLD | 11260 Alder Drive, Truckee

JUST SOLD | REPRESENTED BUYER

11260 Alder Drive, Truckee, California

7 Bedrooms | 5 Bathrooms | 3,492 SF

Sale Price $1,615,000

Courtesy photo: Elder Group Tahoe | Chase International

 

Historic downtown Truckee is one of Tahoe’s most livable and loved communities. With an adorable downtown, great shopping and delicious dining, you’ll love living here. Lake Tahoe is 20 minutes away or, just minutes from downtown, you’ll find Donner Lake with its public docks and beautiful mountain setting. Not only is Truckee just 30 minutes from Reno on I-80, but it’s also a hub of outdoor activities all year long with access to world-class ski resorts, hiking trails, mountain biking, mountain climbing and watersports just minutes from the heart of downtown. With luxurious enclaves in the Martis Valley, local resident communities like Glenshire Devonshire and Sierra Meadows, condominiums sprinkled throughout the area and homes along the Truckee River, Truckee has properties for everyone. Picture yourself walking to Truckee Thursdays, buying local produce at one of the Farmers Markets, rocking out at Music in the Park, or biking the Legacy Trail.

For more information on Truckee properties, contact Amie Quirarte with The Q Group.

JUST SOLD | 505 Old Mill Road, Tahoe City

JUST SOLD | REPRESENTED BUYER

505 Old Mill Road, Tahoe City, California

3 Bedrooms | 2.5 Bathrooms | 2,736 SF

Sale Price $1,350,000

Courtesy photo: Mountain Luxury Properties

What could be more perfect than a town on the shores of Lake Tahoe? The majority of condos and homes here are either on the North Shore or the West Shore of Lake Tahoe separated by the “Y” intersection of Highways 28 and 89 in Tahoe City making it the hub many communities in both directions. Both areas have fantastic benefits – the West Shore tends to have a slower pace and miles of trails and the North Shore tends to be sunnier and has spectacular beaches. The areas around Tahoe City have offerings like classic old Tahoe condos and homes, new mountain modern single-family homes and luxury enclaves with unparalleled amenities and private beaches. So, whether you’re looking for a private beach and pier, a pool for the kiddos, a classic Tahoe cabin or a small condominium to use as a basecamp, Tahoe City has you covered.

For more information on Tahoe City properties, contact Amie Quirarte with The Q Group.

JUST SOLD | 160 Cherry Street, Homewood

JUST SOLD | REPRESENTED SELLER

160 Cherry Street, Homewood, California

6 Bedrooms | 5.5 Bathrooms | 5,670 SF

Sale Price $6,700,000

Tahoe Swiss Village is a family-friendly community built as “an Alpine community in the Swiss tradition” and is located on the West Shore of Lake Tahoe. The 80-property community offers a variety of property types and includes access to their private lakefront beach area. The developer’s Swiss vision included streets named after famous mountain passes in the Swiss Alps like Simplon, Furka and Grimsel. Both Homewood and Sunnyside are nearby for dining and services. In the summer, be sure to catch a sunset from Sunnyside’s gorgeous outdoor seating or, better yet, from Tahoe Swiss Village’s private beach.

For more information on West Shore properties, contact Amie Quirarte.

JUST SOLD | 645 High Street, Carnelian Bay

JUST SOLD | REPRESENTED SELLER

645 High Street, Carnelian Bay, California

4 Bedrooms | 3 Bathrooms | 3,126 SF

Sale Price $1,800,000

Home to the Tahoe institution, Gar Woods, Carnelian Bay has both single-family residences and one condominium complex called Carnelian Woods. Carnelian Bay’s history stretches back to 1889 when it was listed as one of Lake Tahoe’s permanent settlements and was finally accessible by both land and water. Over the years it has been a popular place to race boats, became home to the Sierra Boat Company and, in 1988, the lakefront Gar Woods was opened with its unbeatable views of Lake Tahoe.

With the Sierra Boat Company located right in Carnelian Bay, boating is obviously easily accessible for residents. Patton Beach is a great spot for your 4-legged friend to get some lake time. Or maybe you want to launch your kayak or paddleboard for a day of paddling? Watermans Coffee house offers breakfast and lunch items and coffee if you’re hungry after your time on the water. For some family fun, Carnelian Bay is home to Magic Carpet Golf with 66 mini golf holes.

Carnelian Bay is about 6 miles east of Tahoe City on Highway 28 and 5 miles west of the California/Nevada state line.

For more information on real estate in Carnelian Bay, contact Amie Quirarte.

JUST SOLD | 7642 North Avenue, Tahoe Vista

JUST SOLD | REPRESENTED BUYER & SELLER

7642 North Avenue, Tahoe Vista, California

5 Bedrooms | 4 Bathrooms | 3,003 SF

Sale Price $1,800,000

Located on the North Shore in between Carnelian Bay and Kings Beach, Tahoe Vista is the home to some of Lake Tahoe’s most picturesque and family-friendly public beaches including Moon Dunes Beach and Sandy Beach. The area is surrounded by hiking and biking trails and is in a great location to enjoy all of North Lake Tahoe’s ski resorts in the winter time. One of the best outdoor amenities in this area is the Tahoe Regional Park with winter and summer trails, a dog park, a disc golf course, athletic fields and picnic areas. Tahoe Vista, including Tahoe Estates and Tahoe Marina Estates, offers many quiet forested single family and condo properties to get away from it all as well as some lakeside properties.

For more information on real estate in the Tahoe Vista neighborhood, contact Amie Quirarte.

JUST SOLD | 1126 Regency Way, Tahoe Vista

JUST SOLD | REPRESENTED SELLER

1126 Regency Way, Tahoe Vista, California

3 Bedrooms | 2 Bathrooms | 1,848 SF

3 OFFERS WITHIN 4 DAYS

SOLD $100K OVER THE ASKING PRICE

Sale Price $1,080,000

Located on the North Shore in between Carnelian Bay and Kings Beach, Tahoe Vista is the home to some of Lake Tahoe’s most picturesque and family-friendly public beaches including Moon Dunes Beach and Sandy Beach. The area is surrounded by hiking and biking trails and is in a great location to enjoy all of North Lake Tahoe’s ski resorts in the winter time. One of the best outdoor amenities in this area is the Tahoe Regional Park with winter and summer trails, a dog park, a disc golf course, athletic fields and picnic areas. Tahoe Vista, including Tahoe Estates and Tahoe Marina Estates, offers many quiet forested single family and condo properties to get away from it all as well as some lakeside properties.

For more information on real estate in the Tahoe Vista neighborhood, contact Amie Quirarte.

JUST SOLD | 3101 Lake Forest Road #79, Tahoe City

JUST SOLD | REPRESENTED SELLER

3101 Lake Forest Road #79, Tahoe City, California

4 Bedrooms | 2 Bathrooms | 1,408 SF

Sale Price $780,000

Record breaking sale! When my clients decided to list their property, we chose a price knowing we were pushing the parameters of every sale within the complex by a substantial margin. Within a week, we had two offers, leaving my clients, the sellers, with multiple options. We are so excited for our sellers who have achieved this huge milestone! Side note, I also sold them this unit in 2017, and they were able to double their money.

A half mile up from Lake Forest Beach (Bristlecone), a quick walk to (the best) Sugar Pine Cakery and to the locally famous summer camp, Camp Skylandia, and 1.5 miles from the Tahoe Cross-Country Ski Center  – access to recreation year-round is unparalleled.

For more information on real estate in the Lake Forest Glen area, contact Amie Quirarte.

JUST SOLD | 39 Observation Drive, Tahoe City

JUST SOLD | REPRESENTED BUYER

39 Observation Drive, Tahoe City, California

5 Bedrooms | 3 Bathrooms | 2,344 SF

Sale Price $2,625,000

PHOTO: TOMZIKAS.COM

Dollar Point is one of the most sought-after neighborhoods on the North Shore of Lake Tahoe, with desirable amenities and private access to the lake through the Dollar Point Association. Located three miles from Tahoe City, neighbors Tahoe XC, and offers easy access to Palisades Tahoe, Northstar and Homewood.

For more information on real estate in the Dollar Point neighborhood, contact Amie Quirarte.

JOIN US FOR A LABOR DAY LUAU | SEPTEMBER 2, 3PM-7PM

ALOHA!

If you have plans to visit Lake Tahoe, you’re invited to a Luau Party with tropical vibes and lively music. Bring your friends and family, and get ready to hula the night away. Don’t forget your Hawaiian spirit and bright smiles!

Labor Day Luau with Sneaky Creatures

at Tahoe Backyard

8428 Trout Avenue, Kings Beach

Sponsored by Amie Quirarte