Tag: Tahoe Luxury Real Estate

Q1 Market Report from The Q Group

Posted on by Liza Muhl

2024 Starts Off with a Bang

Lake Tahoe real estate starts the year off with a bang! Quarter One saw sales volume rebound from Q1 2023 lows. In all micro-regions, the number of single-family homes sold increased year over year, with growth rates ranging from 35% to 131%.

Inventory remains low, while the demand for homeownership in Tahoe remains high, despite high interest rates. Properties that are appropriately and strategically priced are moving quickly, and the buyer pool is anxiously awaiting the influx of listings we typically see each year when the snow begins to melt.

  • Single-family homes sold increased 42% year over year.
  • Median price decreased 16% year over year.
  • Average Days on Market was 100 days, a 43% increase from 2023.
  • 5 of 37 homes (14%) sold for over $2 million. 1 homes (2%) sold above $5 million.
  • Single-family homes sold increased 131% year over year.
  • Median price increased 45% year over year, reaching a record high.
  • Average Days on Market was 140 days, up only one day over 2023.
  • 19 of 30 homes (63%) sold for over $2 million. 4 homes (13%) sold above $5 million.
  • Single-family homes sold increased 37% year over year.
  • Median price increased 8% year over year, nearing the 2022 record high.
  • Average Days on Market was 75 days, a 9% increase from 2023.
  • 32 of 129 homes (25%) sold for over $2 million. 6 homes (5%) sold above $5 million.

 

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

JUST SOLD: 640 McKinney Creek Road, Tahoma

Posted on by Liza Muhl

JUST SOLD | REPRESENTED SELLER

640 McKinney Creek Road, Tahoma, California

3 Bedrooms | 2 Bathrooms | 1,656 SF

Sale Price $989,000.00

Another West Shore gem sold! This remodeled home is set back from the street with a wonderful sense of privacy on almost a half acre. Congratulations to our sellers on this off market sale!

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

A Special Message from Tahoe Fund and League to Save Lake Tahoe

Posted on by Liza Muhl

Breaking News! A Big Leap Forward for Upper Truckee Restoration – Tahoe Fund
 

Dear Friends,

We are writing today with monumental news! With support from the Tahoe Fund and the League to Save Lake Tahoe, the California Tahoe Conservancy is purchasing the Motel 6 property and surrounding 31 acres that sit within the Upper Truckee River watershed next to Highway 50 in South Lake Tahoe.

Long before environmental regulations were created to avoid such travesties, the motel was built in the middle of Tahoe’s largest marsh ecosystem, grossly impacting the native habitat and clarity of the Lake. It has long been a goal of both of our organizations and many agencies in the Basin to see this development removed from these sensitive lands and the wetlands restored to their function as a natural pollution filter for the Lake.

The property is being purchased with funding from the Conservancy, the California Wildlife Conservation Board, Tahoe Regional Planning Agency, California Department of Fish and Wildlife, and our two organizations.

The first step will be to secure the property and prepare for removal of the motel. Over the next few years, planning work will commence on the restoration of the lands.

READ MORE
Click on the map to see the acquisition location.
Credit: California Tahoe Conservancy

This is fantastic news! Restoring sensitive marshland is a significant environmental achievement. Marshlands play a crucial role in filtering pollutants and providing habitat for a wide range of wildlife, and enhance the quality of life for our communities. It’s a testament to the dedication and hard work of the agencies involved, and indeed a major win for the lake and its surrounding environment. Congratulations to everyone involved in making this happen!

If you have plans to visit Lake Tahoe, please do not hesitate to reach out. I would be more than happy to give you a tour and help you explore our diverse neighborhoods.

PRICE REDUCTION: 1401 Bear Mountain Court, Alpine Meadows

Posted on by Liza Muhl

PRICE REDUCTION

1401 Bear Mountain Court, Alpine Meadows, California

3 BR | 2.5 BA | 2630 SF

Listing Price $2,125,000

Custom Mountain Home in Scenic Alpine Meadows

Situated on over an acre of land on a private road in Alpine Meadows, and only 2 miles away from the ski resort and the base-to-base gondola, Bear Mountain Court awaits! With the option to purchase the privacy lot next door, the tranquility of this property is unmatched.

Built in 2011, this custom home offers sweeping mountain and valley views from nearly every window. Soak in the peace and quiet without compromising your proximity to the mountain. Each room is located on a separate floor offering seclusion from the main areas without being too far. The expansive deck is drenched in sun and is the ideal spot to enjoy the sunset over the towering mountain range. Custom features include an elevator, backup generator, vaulted ceilings, hand-scraped Brazilian cherry floors, cherry cabinets, granite countertops, wine fridge, heated floors, towel warmers, steam showers, high-end fixtures and finishings, and more.

For showing appointment or information on properties at Alpine Meadows, contact Amie Quirarte.

BACK ON THE MARKET: 160 Cherry Street

Posted on by Liza Muhl

BACK ON THE MARKET

160 Cherry Street, Homewood, California

6 BR | 5.5 BA | 5670 SF

Listing  Price $8,990,000

Homewood Mountain Lodge on the West Shore

Beyond the A-symmetrical front gate lies 160 Cherry Street. Situated on 2.38 acres and backing to Forest Service land, this property encapsulates privacy and seclusion without compromising your proximity to the lake.

Completed in 2020, this home features endless unique components, such as a hanging staircase made out of forged steel, and the use of reclaimed wood from the original Tahoe Tavern Pier that was reworked for multiple pieces throughout this spectacular home. The 20-foot stone, floor-to-ceiling, double-sided fireplace centered in the great room is the heart for family gatherings and celebrations.

The main home has five bedrooms, four and a half bathrooms, and a 1,400-square-foot deck with a covered patio and wood-burning fireplace. The guest house is a fully detached one-bedroom, one-bathroom unit with four additional built-in bunk beds to accommodate both friends and family.

Nestled between the guest and main homes is an outdoor patio with a gas fireplace and a 30′ outdoor water feature. There are two separate garages that can comfortably house five cars and a boat. The radiant heat, air conditioning units, air purifying system, elevator, and heated stairs and driveway are the finishing touches to ensure life at Cherry Street is as effortless as it gets.

As a member of Tahoe Swiss Village’s homeowner’s association, you can enjoy the use of two buoys, two piers, and a private beach located just across the street. This custom home was initially envisioned as a mountain lodge with an industrial feel, and the dedicated group of minds behind it brought this vision to life. It was designed, engineered, and built by local teams who have a deep affinity for this area and worked together to seamlessly integrate the intimate characteristics of the home with the nature that surrounds it.

 

For showing appointment, contact Amie Quirarte.

 

Price Reduction: 1635 Cedar Crest Avenue

Posted on by Liza Muhl

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 LISTED: 1401 Bear Mountain Court, Alpine Meadows

Posted on by Liza Muhl

JUST LISTED

1401 Bear Mountain Court

Alpine Meadows, California

3 BR | 2.5 BA | 2630 SF

Listing  Price $2,239,000

Tranquil Sanctuary in Alpine Meadows

Situated on over an acre of land on a private road in Alpine Meadows, and only 2 miles away from the ski resort and the base-to-base gondola, Bear Mountain Court awaits! With the option to purchase the privacy lot next door, the tranquility of this property is unmatched.

Built in 2011, this custom home offers sweeping mountain and valley views from nearly every window. Soak in the peace and quiet without compromising your proximity to the mountain. Each room is located on a separate floor offering seclusion from the main areas without being too far. The expansive deck is drenched in sun and is the ideal spot to enjoy the sunset over the towering mountain range. Custom features include an elevator, backup generator, vaulted ceilings, hand-scraped Brazilian cherry floors, cherry cabinets, granite countertops, wine fridge, heated floors, towel warmers, steam showers, high-end fixtures and finishings, and more.

For information on properties at Alpine Meadows, contact Amie Quirarte.

JUST SOLD: 3009 Ridge Court, Unit 14

Posted on by Liza Muhl

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

Price Reduction: 1635 Cedar Crest Avenue

Posted on by Liza Muhl

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.