Price Reduction: 1635 Cedar Crest Avenue

PRICE REDUCTION

1635 Cedar Crest Avenue, Tahoe City, California

4 BR | 4 BA | 2218 SF

Listing  Price $1,380,000

This is an as-is sale. Please contact listing agent for more details. Located just a few blocks from Lake Tahoe Park, the private HOA beach and recreation area, this home is your idyllic west shore retreat. The attached living space/kitchenette/bathroom has a separate entrance, and can be closed off from the main home. This extensively remodeled home has four bedrooms, four bathrooms, a separate living area, and ample space for you and all of your visitors. The fully fenced backyard and large deck allow maximum optimization for your outdoor time, no matter what the season.

For information on properties on the West Shore of Tahoe, contact Amie Quirarte.

JUST SOLD: 3009 Ridge Court, Unit 14

JUST SOLD | REPRESENTED BUYER

3009 Ridge Court, Unit 14, Olympic Valley, California

3 BR | 2 BA | 1,421 SF

Sale Price $1,100,000.00

The perfect resort-like lifestyle in Olympic Valley for all Tahoe seasons. Centrally located to countless dining and shopping options, trail access, bike paths to Tahoe City and West/North Shore, and Truckee River.  Congratulations to our buyers who get to enjoy it!

For more information on Olympic Valley real estate, contact Amie Quirarte.

Photo courtesy: Circa Properties

JUST SOLD: 400 Squaw Creek Road, Unit 218 + 220

JUST SOLD | REPRESENTED SELLER

400 Squaw Creek Road, Unit 218 + 220

Olympic Valley, California

2 BR | 2 BA | 1025 SF

Sale Price $799,000

We represented the seller of these two units at Everline Resort (formally Squaw Creek), and couldn’t be more excited for our clients to take their next steps of homeownership in our area. We put this property in escrow within 4 days of listing it with a full price offer.

This beautiful two-bedroom condo has breathtaking views of the Olympic Valley area, Resort Chair, and mountain run; offering a great balance between owner usage and rental opportunities.

For information on Olympic Valley properties, contact Amie Quirarte.

2023 Lake Tahoe Ski Report Opening Dates

Let the Ski Season Begin

The Lake Tahoe 2023/2024 ski season is nearly here! Early storms are getting us excited for the winter to come. While ski resort opening dates are always subject to weather and conditions, it sure does give us something to look forward to. So get your skis waxed and your gear ready, because the ski season is around the corner and powder days are ahead!

Opening Days Announced!

Mt. Rose Ski Tahoe: November 10

Northstar California: November 17

Heavenly: November 17

Boreal: November 17

Palisades Tahoe: November 22

Tahoe Donner XC: November 24

Sugar Bowl: November 24 – Celebrating 85 Years!

Soda Springs: November 24

Tahoe City Winter Sports Park: November 24

Diamond Peak: December 7

Tahoe Donner Downhill: December 8

Homewood Mountain Resort: December 15

Granlibakken: December 15 – Celebrating 99 Years!

Price Reduction: 1635 Cedar Crest Avenue

PRICE REDUCTION

1635 Cedar Crest Avenue, Tahoe City, California

4 BR | 4 BA | 2218 SF

Listing  Price $1,580,000

LIFE’S A BEACH ON THE WEST SHORE

Located just a few blocks from Lake Tahoe Park, the private HOA beach and recreation area, this home is your idyllic West Shore retreat. The attached living space/kitchenette/bathroom has a separate entrance, and can be closed off from the main home. This extensively remodeled home has four bedrooms, four bathrooms, a separate living area, and ample space for you and all of your visitors. The fully fenced backyard and large deck allow maximum optimization for your outdoor time, no matter what the season.

For showing appointment, contact Amie Quirarte.

Q3 2023 Lake Tahoe Real Estate Market Update

Lake Tahoe Real Estate Market Update

In the first three quarters of 2023, all micro-regions with the exception of lakefronts continued to show a deep decline in the number of single-family homes sold. In fact, sales volume this year has hit decade lows. Median price has been far less impacted and, in all micro-regions, sits above pricing in 2021. The supply of available homes for sale remains at about half of pre-covid levels, which at least partially explains the retention of values. With a late start to summer, after our historic winter, lakefront sales began to rebound in Q3 but still hover around the lows we saw in 2009, yet median price reached a record high. In Incline Village & Crystal Bay, 14% of single-family homes sold above $5 million.

The ongoing discrepancy between the dramatic dip in sales volume compared to the minor movement in median price reminds us that post-covid pricing may be the new normal, despite slow sales. A burst in September real estate activity balanced the sluggish start to the season and is signaling a recovery of unit sales. Now, all eyes are on Q4 as we anticipate this fall momentum will bring a strong finish to the season, equalizing Q1.

  • Single-family homes sold decreased 15% year over year, hitting a 14-year low.
  • Median price increased 4% year over year.
  • Average Days on Market was 44 days. In 2021, DOM was 37. In 2019, DOM was 77.
  • 32 of 178 homes (18%) sold for over $2 million. 8 homes (4%) sold above $5 million.
  • Single-family homes sold decreased 14% year over year, hitting a 12-year low.
  • Median price decreased 10% year over year.
  • Average Days on Market was 119 days. In 2021, DOM was 86. In 2019, DOM was 166.
  • 56 of 99 homes (57%) sold for over $2 million. 14 homes (14%) sold above $5 million.
  • Single-family homes sold decreased 25% year over year, hitting a 14-year low.
  • Median price decreased 4% year over year.
  • Average Days on Market was 44 days. In 2021, DOM was 27. In 2019, DOM was 66.
  • 114 of 531 homes (21%) sold for over $2 million. 36 homes (7%) sold above $5 million.

 

For more information on the Lake Tahoe real estate market, contact Amie Quirarte.

JUST SOLD: 8748 Brockway Vista Avenue

JUST SOLD | REPRESENTED BUYER

8748 Brockway Vista Avenue, Kings Beach, California

3 BR | 3 BA | Lakefront

Sale Price $4,500,000.00

Every home, and every sale, has a story. When I saw this listing hit the market at 8pm, I immediately reached out to my past client who owned the Chipmunk condo nearby that we recently sold, having no idea her and her family were in a position to upgrade.

The odds were against us being that our offer was contingent on another property selling and knowing that this home would likely garner significant interest and offers very quickly, but we decided to give it all we had regardless.

This came down to strong relationships and mutual trust with other realtors in your market.  And just like that, we were in escrow. Congratulations to my friend as we celebrate the successful close of this beauty.

For more information on North Shore real estate, contact Amie Quirarte.

Photo Courtesy: Jamison Blair/Compass

JUST SOLD: 144 CHIPMUNK STREET, UNIT 3

JUST SOLD | REPRESENTED SELLER

144 Chipmunk Street, Unit 3, Kings Beach, California

3 BR | 3 BA | 1688 SF

Sale Price $2,175,000.00

Working with a buyer to find and purchase a property is an honor in itself, but when that same buyer enlists your expertise to sell that same property, it is the highest form of a compliment you can receive in this business. It means you have earned their trust, and that is something we don’t take lightly.

This fully remodeled 3-bedroom, 3-bath condo is located in the charming Brockway Shores lakefront complex with only 33 units. Open concept design with two ensuite bedrooms and two sunny decks. The spacious primary bedroom opens to a private deck with direct access to Lake Tahoe. Amenities include a private beach, pier, and HOA buoys. Congratulations to the new owners who will no doubt enjoy this spectacular unit and breathtaking lake-views!

For information on North Shore properties, contact Amie Quirarte.

Join us for Spooky Saturday in Kings Beach, hosted by Amie Quirarte

Spooky Saturday with Sneaky Creatures

Sponsored by Amie Quirarte

at Tahoe Backyard

8428 Trout Avenue, Kings Beach

Saturday | October 28 | 3PM – 6PM

Detalles del evento Sábado Escalofriante en español

‘Tis the season! There are not enough words to express my gratitude for the community I live in. The longer I am here, the deeper and stronger my relationships and connections become. In appreciation for all the community support I’ve received for my real estate business over the years, I am hosting a FREE event at Tahoe Backyard in Kings Beach.

Good vibrations, dancing and delicious food will be served by Man Wielding Fire at only 50 percent. It is my pleasure to sponsor the other 50 percent along with live music by Sneaky Creatures. Spread the word and bring a friend along with you. Costumes are encouraged.

We hope to see you there!

JUST SOLD: 250 Village Boulevard

JUST SOLD | REPRESENTED BUYER

250 Village Boulevard, Incline Village, Nevada

Industrial Building | 10,152 SF

Sale Price $4,000,000.00

Located in the center of town, this industrial building in Incline Village checked off all the marks for the new owners who wanted to find commercial space. Lake Tahoe, generally speaking, commands high prices for real estate because there simply just isn’t any more space for new homes or buildings. Because of this and the complicated intricacies of the TRPA, commercial or warehouse space is even harder to find. With much delight, the buyers knew they found the right property and sealed the deal. Congratulations!

For more information on Incline Village real estate, contact Amie Quirarte.

Photo courtesy: Lakeshore Realtty