What is my Lakefront Home Worth in Lake Tahoe – 2016

September 30, 2016 By Laura Allen, Broker Associate, Tahoe Real Estate Agent, CA RE 01473598 | 530-414-1260

What is my Lakefront Home Worth in Lake Tahoe – 2016

What is my lakefront home worth in Lake Tahoe? Real estate conditions continue to change. Check out the current over-all market conditions as of 09-30-2016 to get a better idea of the Lake Tahoe Lakefront Home real estate market conditions.

Real Estate Market Activity for Lakefront Homes in Lake Tahoe, California – Sept 2016

Covers the Areas of North Shore Lake Tahoe, West Shore Lake Tahoe, and Tahoe City (MLS area 1-5)

Number of Lakefront Homes Sold in Lake Tahoe – 01/01 – 09/30/2016: 16
Median Average Sold Sales Price for Lakefront Homes in Lake Tahoe – 01/01 – 09/30/2016: $4,387,500
Average Sold Sales Price for Lakefront Homes in Lake Tahoe – 01/01 – 09/30/2016: $5,164.718
Sold Price Range for Lake Tahoe Lakefront Homes – 01/01 – 09/30/2016: $1,750,000 to $17,500,000
Average Sold Median Sales Price to Sold Median List Price Ratio for Lakefront Homes in Lake Tahoe – 01/01 – 09/30/2016: 97%
Average Days on Market (DOM) for Lakefront Homes in Lake Tahoe 01/01/-09/30/2016: 228 DOM
Number of Active and Available Lakefront Homes for Sale in Lake Tahoe as of 09/30?2016: 25
Number of Active and Available Lakefront Homes for Sale on the North Shore of Lake Tahoe as of 09/30/2016: 12
Number of Active and Available Lakefront Homes for Sale on the West Shore of Lake Tahoe as of 09/30/2016: 13
Number of Active and Available Lakefront Homes for Sale in Tahoe City as of 09/30/2016: 7
Pending Lakefront Home Sales in Lake Tahoe 09/30/2016: 3
Number of Distressed Sales – Court Approval, Short Sales, or REO Bank Foreclosures for Lakefront Homes in Lake Tahoe Available for Sale as of 09/30/2016: 0

Real Estate Market Activity for Lakefront Homes in Lake Tahoe, California for the Previous Year 2015:

Number of Lakefront Homes Sold in Lake Tahoe – Year 2015: 25
Median Average Sold Sales Price for Lakefront Homes in Lake Tahoe – Year 2015: $3,800,000
Average Sold Sales Price for Lakefront Homes in Lake Tahoe – Year 2015: $4,708,670
Sold Price Range for Lake Tahoe Lakefront Homes – Year 2015: $2,201,000 to $9,950,000
Average Sold Median Sales Price to Sold Median List Price Ratio for Lakefront Homes in Lake Tahoe – Year 2015: 95.1%
Average Days on Market (DOM) for Lakefront Homes in Lake Tahoe – Year 2015: 168 DOM

The demand for our “trophy” Lakefront Homes and Lakefront Cabins in the Lake Tahoe area continues to be very strong. Our limited inventory levels are making new listings that are well-priced a hot ticket and it may be why you are asking “What is my Lakefront Home worth in Lake Tahoe” today!

The number of Lakefront home sales is very limited in any one given year, so the average median home sales price, or average lakefront home sales price may not have a lot meaning when it comes to this market.

Lake Tahoe Lakefront home sales are impacted by the over-all market trend and attitude towards real estate as an investment, but it’s the individual features is what is determine why one Lakefront Home in the Lake Tahoe area is worth $20 million and another is only worth $2 million.

A Lakefront property value is not only impacted by the location, size of the lot, type of lot (level versus steep incline/decline, the size and condition of the home (newer construction versus old Tahoe cabin), garage, off-street parking, along with the lakefront shoreline footage, and lakefront amenities such as a permitted pier (deep water versus shallow water), boat house, power lifts, number of buoy and over-all setting, but also how close it is to other amenities like local ski resorts, golf courses, and commercial services like restaurants, and stores.

Are you ready to find out what your Lake Tahoe Lakefront home is worth? Just click on the link below and you will be asked to provide us with some information on your lakefront property and we will get you a complete home market valuation report.

FREE Market Analysis on your Lake Tahoe Lakefront Home

This is not an instant home value that a computer program that is not familiar with the Lake Tahoe area will generate based on an algorithm that has not been created for our area. Technology is great, but in the Tahoe area the instant home values and market estimates are often very inaccurate and misleading especially when it comes to lakefront properties.

As a Lake Tahoe Lakefront home owner you are looking for a current market value that is reflective of real market conditions and the lakefront features your property has versus other lakefront properties that have recently sold. As a local real estate professional, each real estate market value is determined the old fashioned way, but human hands, eyes, and local knowledge. What your lakefront home is really worth needs to be accurate, so let’s do a real evaluation on your property with real on-site knowledge.

Taking the time to make sure we have the right data and information on your Lake Tahoe Lakefront property is the first step in determining a real market value.

We know that each Lake Tahoe Lakefront home is unique and we want to make sure your mountain home gets all of the credit and value it deserves for all of those special features before we place a current market value on it.

What adds market value to a Lake Tahoe Lakefront property?

What are Tahoe second home buyers looking for in a Lake Tahoe Lakefront property?

You’ll find that Lake Tahoe Lakefront properties that are in demand and sell quickly have several characteristics in common:

Excellent maintenance – Well cared for properties inside and out
Upgraded and/or updated properties that have high-end, custom features found in newer construction luxury homes
Homes that are ready to use on day one – no to-do lists and deferred home projects
Mountain Charm, Clean, and Uncluttered – Reflective of the Tahoe Lifestyle
Pier | Private, and/or Shared with One, or Two Owners
Pier | Deep Water
Pier | Newer Construction
Buoy(s)
Boat House
Power Boat Lift(s)
Rock Crib Marina
Sun Deck or Lake-side Deck
Beach Area
Limited number of steps/stairs to lakefront area, and a power trolley/lift to move items up and down from pier area.
Easy to show at all times – no highly restrictive showing appointment requirements
Lakefront Frontage | Size does matter 25′ vs 50′ vs 100′ vs 200′
Listing Agent is available with limited notice to show your lakefront property, or it is on a professional REALTOR® lockbox for access to show the property
Correct Pricing in the Fair Market Value range according to the current market conditions

What are the features and wish-list items Tahoe Second Home Buyers are hoping to find in your Lake Tahoe Lakefront mountain home?

Pier – Permitted | Private, and/or Shared with One, or Two Owners
Pier – Permitted | Deep Water
Pier – Permitted | Newer Construction
Buoy(s) – All Permitted
Boat House – Permitted
Power Boat Lift(s) – Permitted
Rock Crib Marina – Permitted
Sun Deck or Lake-side Deck – Permitted
Beach Area – Sandy, or Usable
Level Lot with a limited number of steps/stairs to lakefront area, and a power trolley/lift (permitted) to move items up and down from pier area.
Lakefront Frontage | Size does matter 25′ vs 50′ vs 100′ vs 200′
Kitchen – Newer Updated/Upgraded: solid granite counter tops, or solid surfaces, and stainless steel and/or designer appliances
Open Floor Plan – The open, great room concept is in demand here
Hardwood floors in the main living areas
Bathrooms – Newer Updated/Upgraded
Outdoor living space – decks, patios, firepits
Energy Efficiency – smart home technology, newer windows, well maintained mechanics, green features
BMP Certificate – Tahoe Regional Planning Agency (TRPA) Best Management Practices (BMP) Work
Current Sewer Certificate – TCPUD
Recent Pest Report – Clear Section I and Section II
Recent Home Inspection Report (Even though a buyer will get their own inspections, they mentally give positive points to a home owner that has had a home inspection done to show them the current condition of the property from a professional perspective.)
Fireplace – Gas Log, or Wood Burning in the living room
EPA Compliant Wood Burning Stove, or Fireplace Insert
Garage – Two car preferred, but one car will do (even a carport is a plus)
Garage with Guest Quarters
Mountain – Old Tahoe style
Mountain Contemporary Modern
Optional Home Owner Association (HOA) for Lake Tahoe recreational water access and amenities is a plus in addition to the individual lakefront home owner features
Larger lot for the area
Off the main road (side streets) with lower traffic locations and noise
Lake Views for most rooms
Lakefront – actual lakefront property and not a beachfront setting.

If you’re thinking of selling your Lake Tahoe Lakefront home it will be more valuable, and have more market appeal if your property has any of these updates, and/or features. Even if your property needs some work, don’t worry, buyers are still going to be interested as Lake Tahoe Lakefront homes are always in demand!

Get a FREE Home Value Evaluation for your Lake Tahoe Lakefront Home Here!

As a Lake Tahoe Lakefront Seller did you know that more than 92%+ of home buyers will begin their property search on the internet?

Even our most exclusive lakefront properties will have their buyers starting their Lake Tahoe Lakefront home search staring on-line.

Our Tahoe luxury buyers will start making decisions on what they like and don’t like on your Lake Tahoe Lakefront home from the very first day your lakefront home hits the market.

Like all Tahoe buyers, they want information, and that means your Lakefront property needs to have the best on-line exposure, presentation, and coverage possible.

Real Estate marketing is far more advanced today. It is so much more than just entering your property data and a few photos in the Tahoe Sierra Multiple Listing Service (TSMLS), and hoping for Internet syndication, or by placing a local ad in a newspaper that only comes out twice a week.

As a Lake Tahoe Lakefront Seller if your agent is still hoping to get potential buyers to call about your home, with a limited internet profile, poor photographs, and a local ad in the real estate section, you may be very disappointed with the end results.

Serious second home buyers view an on-line listing with limited and/or incomplete information with poor, or no photos, as a property that has serious problems, or is in very poor condition. You, and/or your real estate agent may see it as being selective, and a way to encourage more questions and interest, but our luxury Tahoe home buyers see this approach as a big negative.

Second home owners don’t have the luxury of being able to drive by your property and say “wow, this home looks so much better in person than it does on-line”. A poor on-line Internet presentation puts your property at a marketing disadvantage and any disadvantage is code for a “lower price”.

Simply put, a poor first impression will hurt your efforts to get top dollar for your Lake Tahoe Lakefront home.

Lakefront Lake Tahoe Seller Tip – Provide as much information and property details as you can on your property. Detailed information support value and listed price. The more information, the better!

If your Lake Tahoe Lakefront home has special features, make a room-by-room list and your agent can present those features in a number of different ways including a listing presentation buyer book, in-room flyers, or displays.

Lakefront Lake Tahoe Seller Tip – On-line Curb Appeal! Pick the best photo as your first photo that will get buyers to click on your home listing to get more information.

You may not have thought about how important your first position photo is to a potential buyer, but the Internet has become your very first showing to home buyers.

Each on-line viewing is your first showing to that potential buyer! Every time your home is viewed on-line that Tahoe buyer is making that critical first impression decision on whether or not to have your Lake Tahoe Lakefront home on their short list of properties to see when they come to Lake Tahoe.

Unlike other markets, this second home market often has a buyer here for only a few hours to see properties – a one day buying trip.

Most buyers have already decided what homes to see before they ever get here. Your on-line presence will impact a buyers “must-see” showing list, which means you need a great internet profile and presentation of your property before that buyer ever arrives here in Lake Tahoe.

Tahoe Seller Tip – Only use the best photographs to market your Tahoe Property!

To achieve the broadest world-wide Internet marketing exposure and presence, your Lake Tahoe Lakefront property needs a combination of a fully completed TSMLS property profile information, social media campaign, blogging, and video exposure.

Experienced real estate agents that understand a strong on-line marketing plan when combined with other key traditional home marketing strategies can really make a difference in getting the word out about your Lake Tahoe Lakefront home for sale.

What is my Lake Tahoe Lakefront Home Worth?

Do you want to know if your Tahoe Real Estate Agent understands how Internet Marketing works? Just check out where Laura Allen with her own real estate website ranks on Google Page 1 for the internet search “Lake Tahoe Lakefront Homes for Sale”.

You’ll find her website on Google Page 1 in the number 2 spot! Laura’s website is ranking right there with the big national mega real estate portals with their multi-million dollars advertising budgets.

Laura Allen is a Tahoe REALTOR that understands what needs to be done when it comes to Internet marketing and is getting page one results!

When you’re ready to buy, or sell your Lake Tahoe Lakefront Home call Laura Allen, 530.414.1260!

See Lake Tahoe, California lakefront homes for sale here:

Thinking about making Lake Tahoe, California your second home? Check out the homes that are for sale here:

Want to see what condos are for sale in Lake Tahoe? Here are the current listings:

For all of your Tahoe real estate needs –

Laura A. Allen | 530.414.1260 | Laura@TahoeLaura.com
BROKER ASSOCIATE, Tahoe Real Estate Agent
CalRE# 01473598
Coldwell Banker, Tahoe City, CA CalRE#01908304

All information is deemed reliable, but is subject to change, and/or correction without notice.

What is my lakefront home worth in Lake Tahoe

Condos for Sale in Tahoe City – West Shore | 2016

September 29, 2016 By Laura Allen, Broker Associate, Tahoe Real Estate Agent, CA RE 01473598 | 530-414-1260

Condos for Sale in Tahoe City – West Shore 2016

Finding condos for sale in Tahoe City – West Shore is much easier than in some of our other West Shore communities like Homewood, or Tahoma, where they only have two, or three condominium developments.

The Tahoe City area has one of the largest options for condo buyers because Tahoe City is located on both the West Shore and North Shore areas of Lake Tahoe.

On the Tahoe City – West Shore area there are three (3) lakefront developments and one (1) mountain-side developments. On the Tahoe City – West Shore area here are approximately 306 units.

Cedar Point 1200 West Lake Blvd Tahoe City CA 96145 | 18 Units
Granlibakken 725 Granlibakken Road Tahoe City CA 96145 | 76 Units
Tahoe Tavern 300 West Lake Blvd Tahoe City CA 96145 | 156 Units
Tavern Shores 180 West Lake Blvd Tahoe City CA 96145 | 56 Units

In addition to the Tahoe City – West Shore condos, there are also twelve (12) condo developments located in the Tahoe City – North Shore area, which add an additional +/- 923 condo units into the mix. The total number of condominium/townhouse developments in the Tahoe City area is fifteen (15) with over 1,200 individual condos built in the area.

The four (4) Tahoe City – West Shore condo developments are all located less than two (2) miles of the “Y” (stop light) making them all very close to restaurants, stores, the Tahoe City golf course, which also doubles as a cross country and ice skating facility in the winter, along with being just a few miles from the Alpine, Squaw, or Homewood Ski Resorts.

What is my Tahoe City Condo Worth?

The inventory of condos for sale on the Tahoe City – West Shore side is always limited. Just looking at the number of condos built for the West Shore at just over 300 units (not including the small 2, or 4 plex condo developments in Talmont, Tahoe Woods, or Cathedral neighborhoods) compared to over 900 condos built on the Tahoe City – North Shore, it’s no surprise that the number of available units to select from is always going to be less than what may be available on the Tahoe City – North Shore area.

Tahoe City – West Shore Condos for sale as of 09-28- 2016 there were only thirteen (13) condos for sale:

4 condos for sale in Tavern Shores price range: $640,000 to $1,230,000
8 condos for sale in Tahoe Tavern price range: $499,000 to $3.1 million
1 condos for sale in Cedar Point price range: $2.149 million
0 condos for sale in Granlibakken: None Available

Buyers may have to wait and be patient if they want to get into a specific condo development, or location within that development given the limited available inventory.

More about Tahoe City, California:

Tahoe City, California is located in at the junction of Hwy 89S and Hwy 28 and it has the only natural outlet for Lake Tahoe, which is the beginning of the Truckee River.

Tahoe City is located on both the West Shore of Lake Tahoe and the North Shore of Lake Tahoe, giving condo and home owners a variety of settings to consider when looking to buy a property in the Lake Tahoe area.

Tahoe City has a charming Swiss Mountain Village theme to it. The Tahoe City downtown area is a nice commercial core area that has restaurants, shops, a 9-hole golf course, a public beach area known as Commons Beach, along with other services residents and visitors will need.

Like the Tahoe City condo market, you’ll typically find a good selection of Tahoe City mountain homes, cabins, and lakefront properties for sale at anyone given time due to the larger development that this area that this portion of Lake Tahoe experienced.

Tahoe City (not incorporated) is more than 100 years old, and like other communities in the area, the Tahoe City community is a well-known landmark and since the late 1800’s it has been a popular vacation/second home market.

Tahoe City is in a great location for those that want to boat, ski, hike, bike, climb rocks, play tennis, golf, enjoy a concert, movie, or just kick-back and relax. Tahoe City is easily accessed all year-long and is a nice mix of full-time residents and second home owners.

Condos for Sale in Tahoe City – West Shore | Market Update Sept 2016

Year

Condos

Sold

Median Average Sales Price

Average Sales Price

Lowest

Price Sold

Highest

Price Sold

Cash

Transactions

% Distressed

Sales

Breakdown

Distressed

Sales

2016*

0 Cedar Point

6 Granlibakken

2 Tahoe Tavern

1 Tavern Shores

$ NA

$236,000

$658,750

$1,450,000

$ NA

$256,800

$658,750

$1,450,000

$ NA

$170,000

$655,000

$1,450,000

$ NA

$358,800

$662,500

$1,450,000

55.5%

11%

0 REO’s

1 Short Sales

(Granlibakken)

2015

0 Cedar Point

1 Granlibakken

3Tahoe Tavern

2 Tavern Shores

$ NA

$816,500

$673,000

$1,067,500

$ NA

$186,500

$912,808

$1,067,500

$ NA

$186,500

$640,000

$935,000

$ NA

$186,500

$1,435,425

$1,200,000

83%

0 REO’s

0 Short Sales

2014

0 Cedar Point

2 Granlibakken

5 Tahoe Tavern

0 Tavern Shores

$ NA

$317,500

$765,000

$ NA

$317,500

$1,057,900

$ NA

$242,000

$649,500

$ NA

$393,000

$2,110,000

$ NA

86%

0 REO’s

0 Short Sales

2013

0 Cedar Point

5 Granlibakken

0 Tahoe Tavern

3 Tavern Shores

$ NA

$160,000

$ NA

$ 975,000

$ NA

$183,400

$ NA

$1,113,333

$ NA

$120,000

$ NA

$965,000

$ NA

$300,000

$ NA

$1,400,000

37.5%

0 REO’s

0 Short Sales

2012

0 Cedar Point

4 Granlibakken

3 Tahoe Tavern

1 Tavern Shores

$ NA

$174,500

$1,055,000

$560,000

$ NA

$178,375

$855,000

$560,000

$ NA

$110,000

$425,000

$560,000

$ NA

$254,500

$1,085,000

$560,000

62.5%

0 REO’s

0 Short Sales

2011

0 Cedar Point

4 Granlibakken

5 Tahoe Tavern

1 Tavern Shores

$ NA

$149,950

$625,000

$1,445,000

$ NA

$144,612

$647,900

$1,445,000

$ NA

$120,000

$506,500

$1,445,000

$ NA

$158,550

$940,000

$1,445,000

80%

2 REO’s

(Granlibakken)

0 Short Sales

2010

0 Cedar Point

3 Granlibakken

4 Tahoe Tavern

1 Tavern Shores

$ NA

$239,000

$725,000

$995,000

$ NA

$239,666

$775,000

$995,000

$ NA

$165,000

$450,000

$995,000

$ NA

$315,000

$1,200,000

$995,000

25%

0 REO’s

0 Short Sales

1 Court Approval

(Tavern Shores)

2009

0 Cedar Point

2 Granlibakken

2 Tahoe Tavern

0 Tavern Shores

$3,240,000

$328,750

$882,500

$ NA

$3,240,000

$328,750

$882,500

$ NA

$3,240,000

$328,750

$840,000

$ NA

$3,240,000

$328,750

$925,000

$ NA

35%

0 REO’s

0 Short Sales

2008

0 Cedar Point

0 Granlibakken

1 Tahoe Tavern

0 Tavern Shores

$ NA

$1,145,000

$ NA

$1,145,000

$ NA

$1,145,000

$ NA

$1,145,000

$ NA

100%

0 REO’s

0 Short Sales

2007

1 Cedar Point

2 Granlibakken

4 Tahoe Tavern

0 Tavern Shores

$1,300,000

$592,500

$1,258,750

$ NA

$1,300,000

$592,500

$1,268,125

$ NA

$1,300,000

$585,000

$755,000

$ NA

$1,300,000

$600,000

$1,800,000

$ NA

57%

0 REO’s

0 Short Sales

2006

0 Cedar Point

1 Granlibakken

6 Tahoe Tavern

0 Tavern Shores

$ NA

$325,000

$887,500

$ NA

$325,000

$1,040,033

$ NA

$325,000

$725,200

$ NA

$325,000

$1,625,000

$ NA

86%

0 REO’s

0 Short Sales

*YTD period is 01/01/2016– 09/28/2016.

Data Source: Tahoe Sierra Multiple Listing Service.

Data subject to change and/or correction at any time without notice.

Use caution when only a handful of sales are available in a neighborhood. The percent changes can be significant and numbers are easily moved in either direction. Using the Lake Tahoe-Truckee Regional data may be a better source for over-all market trends.

Want to know what your Tahoe City Condo is worth, just click on this link, or give me a call at 530.414.1260 and we can discuss what is important to you about your Tahoe City Condo!

Get a Free Market Analysis of your Tahoe City Condo Here!

If you’re hoping to find condos for sale in Tahoe City – West Shore, you’re selection will be limited. If you extend your condos search to the North Shore of Tahoe City, you’ll have more condos to choose from including Chinquapin, Tahoe Marina Lodge, Rocky Ridge, Star Harbor, the St Francis, The Northshore, The Villas, Dollar Hill II, Dollar Hill I and the Lake Forest Glen condo development (not included on the list are condo groups of less than 10 units).

Condo developments on the West Shore of Lake Tahoe are very limited, so if you’re a condo buyer in the Tahoe City – West Shore, Homewood, or Tahoma areas, be prepared for a limited selection and to make a decision quickly on new listings as new inventory priced right sells quickly.

Want to see all Tahoe City condos for sale?

Need more options? See what condos are for sale in Lake Tahoe? Here are the current listings:

For all of your Tahoe real estate needs –

Laura A. Allen | 530.414.1260 | Laura@TahoeLaura.com
BROKER ASSOCIATE, Tahoe Real Estate Agent
CalRE# 01473598
Coldwell Banker, Tahoe City, CA CalRE#01908304

All information is deemed reliable, but is subject to change, and/or correction without notice.

Condos for Sale in Tahoe City – West Shore

What is your Tavern Shores Condo Worth | 2016

September 28, 2016 By Laura Allen, Broker Associate, Tahoe Real Estate Agent, CA RE 01473598 | 530-414-1260

What is your Tavern Shores Condo Worth | 2016

What is your Tavern Shores Condo worth is a question both sellers and buyers may be asking. This is a real estate market activity report for the Tavern Shores Condo for sale – September 2016.

The Tavern Shores Condo development is located in Tahoe City – West Shore, CA. The Tavern Shores Condo development is a small, luxury, lakefront condo complex. It is located at 180 West Lake Blvd., Tahoe City, CA 96145.

The Tavern Shores Condo development is located just south of the “Y” (stop light) in downtown Tahoe City, or just north of the 64 Acre public beach area and the Tahoe Tavern Condominium Development.

The Tavern Shores Condo complex was built in in the 1970’s. It is one of the closest condo developments to the downtown commercial core area in downtown Tahoe City. Tavern Shores has approximately +/- 56 units.

There are multiple floor plans in the complex. If you are looking for a small condo development, you’ll find that the Tavern Shores complex is one option you’ll want to consider on the greater North Lake Tahoe area (Tahoe City, North Shore, or West Shore).

There are three (3), or four (4) bedroom floor plans with lakefront, lake views, and forest/garden setting units.

The approximate square footage for Tavern Shores units is as follows

3 Bedroom Units between +/- 1,457 square feet to +/- 1,540 square feet
4 Bedroom Units between +/- 1,716 square feet to +/- 1,800 square feet

There are approximately twenty (20) lakefront setting units in the developments, many lake view units, and a few enclosed yard units.

The entire complex is a lakefront development with access to a beach area, pier, buoys, seasonal pool, in-ground spa/hot tub, and two (2) tennis courts.

Tavern Shores Condo Buyers will find that the number of units for sale is very limited. Over the past ten years (2006- 9/2016), only nine (9) units have sold, which means Tavern Shores condo buyers may have to wait for the right unit to come on the market.

Historically, turn-over in the Tavern Shores development has been very low, with a less than 5% annual turn-over rate (that’s less than 3 units sold per year).

Finding condos for sale in the Tahoe City area will be easier than in other communities with over 1,200+ condo units being built in the area.

What is your Tavern Shores Condo Worth If you are looking to buy a unit that is only located in a lakefront condo for sale in Tahoe City, again, this community will offer more options for a Tahoe Condo Buyer, as the Tahoe City area has the largest selection with over 386+ condos that were built in just lakefront condo development.

Tahoe Condo Buyers will have over eight (8) different lakefront condo developments (not including Rocky Ridge, which has access to lakefront amenities, but the majority of the development is located on a mountain ridge above Tahoe City) to consider.

Condo buyers that expand their condo property search to the entire West Shore of Lake Tahoe, or North Shore of Lake Tahoe will have more condo buying options and price points to select from.

If you would like to

Get a FREE Market Analysis for Tavern Shores Condo

Just click on the above link, or give me a call 530.414.1260 and we can discuss what is important to you about your Tavern Shores Condo unit.

Currently there are four (4) condos for sale in Tavern Shores and they range in price from $640,000 to $1.23 million as of 09-27-2016.
There is zero (0), no Tavern Shore condo that are sale pending.
There has been one (1) Tahoe Tavern Unit sold in 2016, which was a lakefront unit with a sales price of $1,450,000.

Tavern Shores Condos for Sale – September 2016

Year	Condos Sold	Median Average Sales Price	Average Sales Price	Lowest Price Sold	Highest Price Sold	% Cash Transactions	% Distressed Sales	Breakdown of Distressed Sales
2016*	1 Tavern Shores	$1,450,000	$1,450,000	$1,450,000	$1,450,000	0%	0%	0 REO’s 0 Short Sales
2015	2 Tavern Shores	$1,067,500	$1,067,500	$935,000	$1,200,000	100%	0%	0 REO’s 0 Short Sales
2014	0 Tavern Shores	$ NA	$ NA	$ NA	$ NA	0%	0%	0 REO’s 0 Short Sales
2013	3 Tavern Shores	$975,000	$1,113,333	$965,000	$1,400,000	33.3%	0%	0 REO’s 0 Short Sales
2012	1 Tavern Shores	$560,000	$560,000	$560,000	$560,000	0%	0%	0 REO’s 0 Short Sales
2011	1 Tavern Shores	$1,445,000	$1,445,000	$1,445,000	$1,445,000	100%	0%	0 REO’s 0 Short Sales
2010	1 Tavern Shores	$995,000	$995,000	$995,000	$995,000	0%	0%	0 REO’s 0 Short Sales 1 Court Approval (Tavern Shores)
2009	0 Tavern Shores	$ NA	$ NA	$ NA	$ NA	0%	0%	0 REO’s 0 Short Sales
2008	0 Tavern Shores	$ NA	$ NA	$ NA	$ NA	0%	0%	0 REO’s 0 Short Sales
2007	0 Tavern Shores	$ NA	$ NA	$ NA	$ NA	0%	0%	0 REO’s 0 Short Sales
2006	0 Tavern Shores	$ NA	$ NA	$ NA	$ NA	0%	0%	0 REO’s 0 Short Sales

*YTD period is 01/01/2016– 08/31/2016.

Data Source: Tahoe Sierra Multiple Listing Service.

Data subject to change and/or correction at any time without notice.

The Tavern Shores complex is in a great location, which is very close to everything like downtown Tahoe City, Commons Beach, the bike path, and the near-by ski resorts of Alpine Meadows, Squaw Valley, and Homewood Ski Resort.

If you’d like to buy a Tavern Shores Condo, give me a call 530.414.1260 and we can figure out the best way for you to get a unit in this complex!

Want to see all Tahoe City condos for sale?

Need more options? See what condos are for sale in Lake Tahoe? Here are the current listings:

For all of your Tahoe real estate needs –

Laura A. Allen | 530.414.1260 | Laura@TahoeLaura.com
BROKER ASSOCIATE, Tahoe Real Estate Agent
CalRE# 01473598
Coldwell Banker, Tahoe City, CA CalRE#01908304

All information is deemed reliable, but is subject to change, and/or correction without notice.

What is your Tavern Shores Condo Worth

What is your Tahoe Tavern Condo Worth | 2016

September 27, 2016 By Laura Allen, Broker Associate, Tahoe Real Estate Agent, CA RE 01473598 | 530-414-1260

What is your Tahoe Tavern Condo Worth | 2016

What is your Tahoe Tavern Condo worth is a question both sellers and buyers may be asking. This is a real estate market activity report for the Tahoe Tavern Condo for sale – September 2016.

The Tahoe Tavern Condo development is located in Tahoe City – West Shore, CA. The Tahoe Tavern Condo development is one of our larger, luxury, lakefront condo complexes in the area and it is located at 300 West Lake Blvd., Tahoe City, CA 96145.

The Tahoe Tavern Condo development is located just south of the Tavern Shores condominium development and the 64 Acre public beach area and directly north of the Tahoe Sierra Estates single family lake-side neighborhood. It is less than a half (0.5) mile to the “Y” (stop light) in downtown Tahoe City.

The Tahoe Tavern Condo complex was built in three phases beginning in the 1960’s. It is the second largest lakefront condominium development in the greater Tahoe City area, Tahoe City Condos North Shore, or Tahoe City Condos West Shore areas with approximately +/- 158 units.

There are multiple floor plans in the complex. If you are looking for a larger condo development, you’ll find that the Tahoe Tavern development will be one of your best options in the greater Lake Tahoe area (Tahoe City, North Shore, or West Shore).

There are two (2), three (3), four (4) and five (5) bedroom floor plans with lakefront, lake views, tennis courts views, and forest setting units.

The approximate square footage is as follows

2 Bedroom Units between +/- 1,009 square feet to +/- 1,268 square feet
3 Bedroom Units between +/- 1,408 square feet to +/- 1,645 square feet
4 Bedroom Units between +/- 1,577 square feet to +/- 2,000 square feet
5 Bedroom Units between +/- 1,577 square feet to +/- 1,982 square feet

There are twenty-four (24) lakefront setting units in the developments, and many lake view units.

The entire complex is a lakefront development with access to a beach area, 800’ long pier, buoys, seasonal pool, in-ground spa/hot tub, and six (6) tennis courts.

Tahoe Tavern Condo Buyers will find that at any one given time, there are at least a couple of units on the market, but you may have to wait if you are looking for a specific unit combination, or location within the development as the selection of condos for sale in Tahoe Tavern will most likely be limited.

Historically, turn-over in the Tahoe Tavern development has been very low, with a less than 5% annual turn-over rate.

Finding condos for sale in the Tahoe City area will be easier than in other communities with over 1,200+ condo units being built in the area. If you are looking for just a lakefront condo for sale in Tahoe City, again, this community will offer a Tahoe Condo Buyer the largest selection with over 386+ condos that were built and located in just lakefront condo developments.

Tahoe Condo Buyers will have over eight (8) different condo developments (not including Rocky Ridge, which has access to lakefront amenities) to consider.

Condo buyers that expand their condo property search to the entire West Shore of Lake Tahoe, or North Shore of Lake Tahoe will have more condo buying options and price points to select from.

If you would like to

Get a FREE Market Analysis for Tahoe Tavern Condo

Just click on the above link, or give me a call 530.414.1260 and we can discuss what is important to you about your Tahoe Tavern Condo unit.

Currently there are eight (8) condos for sale in Tahoe Tavern and they range in price from $499,000 to $3.1 million as of 09-27-2016.
There is one (1) Tahoe Tavern condo that is sale pending, listed at $1,250,000.
There have been two (2) non-lake view, non-lakefront Tahoe Tavern Units sold in 2016, with an average median condo sold price of $658,750.

Tahoe Tavern Condos for Sale – September 2016

Year	Condos Sold	Median Average Sales Price	Average Sales Price	Lowest Price Sold	Highest Price Sold	% Cash Transactions	% Distressed Sales	Breakdown of Distressed Sales
2016*	2 Tahoe Tavern	$658,750	$658,750	$655,000	$662,500	0%	0%	0 REO’s 0 Short Sales
2015	3 Tahoe Tavern	$673,000	$912,808	$640,000	$1,435,425	66.7%	0%	0 REO’s 0 Short Sales
2014	5 Tahoe Tavern	$765,000	$1,057,900	$649,500	$2,110,000	80%	0%	0 REO’s 0 Short Sales
2013	0 Tahoe Tavern	$ NA	$ NA	$ NA	$ NA	0%	0%	0 REO’s 0 Short Sales
2012	3 Tahoe Tavern	$1,055,000	$855,000	$425,000	$1,085,000	100%	0%	0 REO’s 0 Short Sales
2011	5 Tahoe Tavern	$625,000	$647,900	$506,500	$940,000	60%	0%	0 REO’s 0 Short Sales
2010	4 Tahoe Tavern	$725,000	$775,000	$450,000	$1,200,000	0%	0%	0 REO’s 0 Short Sales
2009	2 Tahoe Tavern	$882,500	$882,500	$840,000	$925,000	0%	0%	0 REO’s 0 Short Sales
2008	1 Tahoe Tavern	$1,145,000	$1,145,000	$1,145,000	$1,145,000	100%	0%	0 REO’s 0 Short Sales
2007	4 Tahoe Tavern	$1,258,750	$1,268,125	$755,000	$1,800,000	75%	0%	0 REO’s 0 Short Sales
2006	6 Tahoe Tavern	$887,500	$1,040,033	$725,200	$1,625,000	83%	0%	0 REO’s 0 Short Sales

*YTD period is 01/01/2016– 09/27/2016.

Data Source: Tahoe Sierra Multiple Listing Service.

Data subject to change and/or correction at any time without notice.

The Tahoe Tavern complex is in a great location, which is very close to the paved bike path, downtown Tahoe City and the near-by ski resorts of Alpine Meadows, Squaw Valley, and Homewood Ski Resort.

If you’d like to buy a Tahoe Tavern Condo, give me a call 530.414.1260 and we can figure out the best way for you to get a unit in this complex!

Want to see all Tahoe City condos for sale?

Need more options? See what condos are for sale in Lake Tahoe? Here are the current listings:

For all of your Tahoe real estate needs –

Laura A. Allen | 530.414.1260 | Laura@TahoeLaura.com
BROKER ASSOCIATE, Tahoe Real Estate Agent
CalRE# 01473598
Coldwell Banker, Tahoe City, CA CalRE#01908304

All information is deemed reliable, but is subject to change, and/or correction without notice.

What is your Tahoe Tavern Condo Worth

What is your Granlibakken Condo Worth | 2016

September 26, 2016 By Laura Allen, Broker Associate, Tahoe Real Estate Agent, CA RE 01473598 | 530-414-1260

What is your Granlibakken Condo Worth | 2016

What is your Granlibakken Condo worth is a question both sellers and buyers may be asking. This is a real estate market activity report for the Granlibakken Condos for sale – September 2016.

The Granlibakken development is located in Tahoe City – West Shore, CA. The Granlibakken Condo development is medium-sized mountain resort complex and it is just south-west of the Comstock Acres neighborhood. It is located at 725 Granlibakken Road, Tahoe City, CA 96145.

The Granlibakken condo development will give you the feeling of being out in the woods and away from it all, but yet it is only located about one (1) mile south-west of the “Y” (stop light) in downtown Tahoe City.

The Granlibakken Condo complex was built in the 1980’s and is a small mountain resort-like experience development with approximately seventy-six (76) units. The Granlibakken resort is a partnership between the condo owners and the business/developer partner that owns the tennis court and ski hill areas, along with the restaurant and convention facilities.

There are several floor plans and unit combination styles in the complex, with some having multiple levels and others with single floor living.

There are studio with one (1) bedroom, one (1) bedroom and loft, two (2), three (3), and four (4) bedroom floor plans with mountain and forest setting units.

The approximate square footage will vary depending on the actual size and combination of the unit. In general, the following square footages are for:

Studio and one (1) bedroom combination units (known as the A and B style units) are approximately +/- 792 square feet
One (1) bedroom, plus loft townhouse style units are approximately +/- 900 square feet
Two (2) bedroom units are approximately 1,172 square feet
Three (3) bedroom units are approximately +/- 1,439 square feet
Four (4) bedroom units are approximately 1,572 square feet.

The entire complex is a mountain-side ski, tennis and spa resort complex with owners having access to an on-site restaurant, ski/sled hill, year-around heating swimming pool and in-ground spas, tennis court (pickle ball courts), and day spa. For those looking for adventure there are hiking trails in and around the complex and the Tree Top Adventure Park which has seven courses, 70 Tree Platforms and 20+ Zip lines!

Depending on the floor plan, luxury resort condo Buyers have often had to wait several years for a buying opportunity to get the unit configuration they want in this development. Turn-over in the Granlibakken development has been inconsistent, with some years having units available and then nothing available.

Finding condos for sale in the Tahoe City – West Shore area is easier than in other communities with over 306 total units (does not include the 2, or 4 mini condos that are in Talmont, Tahoe Woods, or Cathedral neighborhoods) that were built in this area.

The four (4) condo developments that were built on the West Shore of Tahoe City are comprised of three (3) lakefront resort-like developments and one (1) ski and tennis mountain-side resort condo complex.

Condo buyers that expand their condo property search to the entire West Shore of Lake Tahoe, or all of Tahoe City (West Shore and North Shore) will have more condo buying options.

If you would like to

Get a FREE Market Analysis for Granlibakken Condo

Just click on the above link, or give me a call 530-414-1260 and we can discuss what is important to you about your Granlibakken unit.

Currently there are no condos for sale in Granlibakken and there are no Granlibakken condo sales that are pending. There have been six (6) units have sold so far in 2016. Five out of the six units sold have been cash sales, and one of those sales was a short sale.

2016 Granlibakken Sales have broken down as follows:

2 Sales – Studio/one (1) bedroom (A/B style) units ranging in price from $180,000 to $195,000
3 Sales – Two (2) bedroom units ranging in price from $180,000 to $355,000*
1 Sales – Three (3) bedroom unit that sold for $358,800

* The sale at $355,000 had the same square footage as the three bedroom, but the listing agent did not count the open loft as a third bedroom.

Granlibakken Condos for Sale – September 2016

Year	Condos Sold	Median Average Sales Price	Average Sales Price	Lowest Price Sold	Highest Price Sold	% Cash Transactions	% Distressed Sales	Breakdown of Distressed Sales
2016*	6 Granlibakken	$236,000	$256,800	$170,000	$358,800	83%	16.7%	0 REO’s 1 Short Sales (Granlibakken)
2015	1 Granlibakken	$186,500	$186,500	$186,500	$186,500	100%	0%	0 REO’s 0 Short Sales
2014	2 Granlibakken	$317,500	$317,500	$242,000	$393,000	100%	0%	0 REO’s 0 Short Sales
2013	5 Granlibakken	$160,000	$183,400	$120,000	$300,000	40%	0%	0 REO’s 0 Short Sales
2012	4 Granlibakken	$174,500	$178,375	$110,000	$254,500	50% 50% Seller Financing	0%	0 REO’s 0 Short Sales
2011	4 Granlibakken	$149,950	$144,612	$120,000	$158,550	100%	0%	0 REO’s 0 Short Sales
2010	3 Granlibakken	$239,000	$239,666	$165,000	$315,000	66.7%	0%	0 REO’s 0 Short Sales
2009	2 Granlibakken	$328,750	$328,750	$328,750	$328,750	50%	0%	0 REO’s 0 Short Sales
2008	0 Granlibakken	$ NA	$ NA	$ NA	$ NA	0%	0%	0 REO’s 0 Short Sales
2007	2 Granlibakken	$592,500	$592,500	$585,000	$600,000	0%	0%	0 REO’s 0 Short Sales
2006	1 Granlibakken	$325,000	$325,000	$325,000	$325,000	100%	0%	0 REO’s 0 Short Sales

*YTD period is 01/01/2016– 09/26/2016.

Data Source: Tahoe Sierra Multiple Listing Service.

Data subject to change and/or correction at any time without notice.

The Granlibakken complex is in a great location, close to the paved bike path, downtown Tahoe City and the Tahoe House, known for its gourmet coffee and bakery/deli.

If you’d like to buy a Granlibakken Condo, give me a call 530-414-1260 and we can figure out the best way for you to get a unit in this complex!

Want to see all Tahoe City condos for sale?

Need more options? See what condos are for sale in Lake Tahoe? Here are the current listings:

For all of your Tahoe real estate needs –

Laura A. Allen | 530.414.1260 | Laura@TahoeLaura.com
BROKER ASSOCIATE, Tahoe Real Estate Agent
CalRE# 01473598
Coldwell Banker, Tahoe City, CA CalRE#01908304

All information is deemed reliable, but is subject to change, and/or correction without notice.

Granlibakken Condo Market Update 2016