Hey Bidder, Bidder… Going Once, Going Twice, Sold!

August 15th, 2008

Luxury Kirkwood Ski Home to be sold at Auction

According to an article by James Temple in the San Francisco Chronicle on August 14th, sixteen luxury townhomes and two ski-in, ski-out single family homes located in Kirkwood, near South Lake Tahoe, will be auctioned off on September 14th by Accelerated Marketing Partners.  The minimum bid for the 3 bedroom townhouses is $695,000 and $850,000 for the 3 bedroom plus loft units.  They were previously offered at $1.7 and $1.5 million respectively.   The opening bids for the 3800+ SF and 4000+ square foot properties are $2.5 million and $1.6 million.  Read the rest of this entry »

What’s Selling at North Lake Tahoe? Views, Views, Views!

August 14th, 2008

North Lake Tahoe Home For Sale

Lake views and waterfront properties are dominating the luxury real estate market in the North Lake Tahoe area.  As evidenced by receiving four offers on this Dollar Point home at 39 Observation Drive, which I had listed for sale at $1,495,000.  Dollar Point is a lakeside subdivision just outside of Tahoe City and offers homeowner amenities which include five tennis courts, a wonderful swimming pool area, 500′ of Lake Tahoe shoreline with a sandy beach, pier and mooring buoys for boaters.  Currently there are 3 pending sales of lake view homes from $1,350,000 to $1,500,000.  Other homes in the area range from $799,000 for a smaller lake view home I also have listed for sale at 213 Observation Drive to over $4,500,000. Read the rest of this entry »

Condi- Come to Lake Tahoe for a Unique Home away from Home!

August 7th, 2008

While world events twist and turn, Secretary of State, Condolessa Rice may be thinking of her next abode and the whole relocation process.  Do you suppose she has a good RELO package? While some think she is headed back to Stanford University and have been sending her homes in the Palo Alto, CA, Kevin Boer thinks he has just the right place for her.  Not be outdone, Joanne Fraser  in Los Altos is hoping that Ms. Rice will stop to check out her listing at 1945 Knollwood Lane  in Los Altos.  Curtis Van Carter  of Yountville, CA is hoping that some of Ex-Presidential party will end up in the Napa Valley.  I have an even better idea, come to Lake Tahoe and live aboard the 86′ luxury yacht, the Sierra Rose offered at auction by JP King. Asking price $7 million or somewhere in that range.  Oh by the way, it does have its own helicopter pad and 20′ launch to meet and greet all the luminaries she has met over the years.   But hurry on this, Ms. Rice,  as is on the auction block,  August 14th, 2008.

Classic Boats and Homes of Lake Tahoe at Carnelian Bay, CA

August 5th, 2008

Carnelian Bay Real EstateCarnelian Bay was given its name in 1860 when semi-precious stones were discovered on the beach,  Those semi-precious stones are gone now but the two public beaches that remain offer easy access, with free public parking , are south facing, sundrenched,  dog friendly and still have lake washed smooth pebbles for relaxing and sun bathing on Tahoe´s shoreline.

Carnelian Bay is home to the Sierra Boat Company, which hosts the Tahoe Yacht Club´s annual Concourse d´ Elegance the first weekend in August each year.  Sierra Boat is a full service marina and specializes in the restoration of classic wooden boats.

The residential subdivisions of Carnelian Bay include Fulton Acres, Carnelian Heights, Cedar Flat, and Ridgewood Highlands (where I live) and Chinquapin to the west and Agate Bay to the east.  The Carnelian Woods Townhomes are located above the little commercial center of Carnelian Bay. 

Along the shores of North Lake Tahoe there is an eclectic mix of cabins, condominiums and lakefront homes for sale that range from $400,000 to $12,000,000 and more, which gives this Northshore area a unique character.  Cedar Flat was once a summer home tract and still has many “Old Tahoe” styled cabins.  The Ridgewood, Fulton Acres and Carnelian Heights areas have homes from $500,000 to over $ 2 million and some with panoramic lake views. Read the rest of this entry »

2nd Quarter Lake Tahoe Real Estate Market Data

July 8th, 2008

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And the Beat Goes ON….  With the end of the 2nd quarter, the results are in and not terribly surprising.  We have a mixed bag of statistics that can sliced and diced to prove whatever point you are trying to make.  There is a very good selection of properties available with over 1100 single family homes and 375 condominiums on the market.  We had a decrease in the number of single family sales on the North and West Shores of Lake Tahoe, CA;  42 sales in 2007 and 31 in ‘08. Truckee, Tahoe Donner, Northstar and Lahontan home sales followed suit with 118 closed sales in 2007 and 107 in ‘08.  Read the rest of this entry »

Oohs and Ahhs on the 4th of July at Lake Tahoe

July 7th, 2008

Lake Tahoe Fireworks

Photo courtesy of IceNineJon

The 4th of July weekend is typically the kick off of the summer season at North Lake Tahoe and this year was no exception.  The only exception was the ban of alcohol on the Truckee River, more on that later.   While the morning started out very smokey from all the fires in California and windy, the skies cleared the wind subsided throughout the day and the evening was calm and clear.  The Commons Beach in Tahoe City, CA  was the location of the display and the town was packed with locals and visitors alike, all enjoying the show with choruses of oohs and ahhs.  Many enjoyed the fireworks from the lake itself, while they were on their boats.

The real estate market was a bit cooler as many were out enjoying the summer activities of the North Lake Tahoe area and those who stopped by my open house at 213 Observation Drive in Dollar Point, were coming or going to the homeowner’s pool, the beach or just walking by enjoy the day.  Dollar Point is a premier area with homes ranging from $750,000 to over $4 million.  Psst.  I will have a new listing coming to market in two weeks with a wonderful lake view offered at $1,495,000. Call me if you are interested. 

HAPPY BIRTHDAY, AMERICA! 

Tahoe Tuesday

July 1st, 2008

The Ultimate Tahoe Home

Listing and Image courtesy of CBIVR, Coldwell Banker

Once again the Incline Village Nevada, weekly real esate brokers tour included an incredible home that could be a show piece in Architecural Digest.  This extraordinary and unique lakefront home boasts 287′ of private Lake Tahoe shoreline with an adjoining dock and mooring facilities available at an asking price of $10,750,000.   Read the rest of this entry »

Buyers and Bears, oh my!

June 25th, 2008

Buyers ‘n Bears

Image Courtesy of www.alaska-in-pictures.com

Summer has offically come to the Lake Tahoe Real Estate market as evidenced by the native bears coming out of hibernation and multiple offers coming in on some of the “Best Buy” homes and condomiums in the Tahoe marketplace.  I was just speaking with another real estate agent on brokers tour who said he had five offers on a property and it was finally overbid for the sale. 

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North Lake Tahoe Real Estate Report

June 24th, 2008

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This report is from the Tahoe Sierra Multiple Listing Service which reflects the 1st Quarter sales report for the greater North Lake Tahoe area.  This real estate market report as shown separates the area into the different market segments showing single family homes, condominiums and other (fracational ownerships/timeshares/mobile homes).

Read the rest of this entry »

Lake Tahoe on a Smokey Day

June 24th, 2008

The smoke from fires in Northern California have drifted into the Tahoe Basin over the past two days.  Yesterday, the normal afternoon breezes helped to clear out the smoke.  Today was a different story.  I took this video at 2pm this afternoon from my Lake Tahoe Real Estate office with Prudential California Realty and by 5pm, the air was thick with smoke and I could not see the end of the pier in this video.