Why Buy a Second Home in Dollar Point Tahoe City?

June 12, 2017 By Laura Allen, Broker Associate, Tahoe Real Estate Agent, CA RE 01473598 | 530-414-1260

Why Buy a Second Home in Dollar Point Tahoe City?

Why buy a second home in Dollar Point Tahoe City is a question I often get from my Truckee – North Lake Tahoe second home buyers that are considering all of the different Tahoe Resort communities as options.

Why buy a second home in Dollar Point Tahoe City?

Answer: Location | Amenities | Lifestyle

Dollar Point is a well-known, aspirational single family neighborhood in the greater Tahoe City, North Shore of Lake Tahoe area!

This lake-side neighborhood is very desirable and only has 569 parcels, of which approximately 39 are lakefront properties.

In addition to the Dollar Point subdivision being a relatively small neighborhood, you’ll find wide streets and a number of properties with flat lots and driveways.

About 40% of the properties have some type of view of Lake Tahoe, and the homes in the subdivision are larger in size, but there are a few smaller cabin style homes.

Dollar Point home owners have the option to join and be members in Dollar Point Association (DPA). The DPA is an optional, voluntary recreational association that is available to property owners located within the Dollar Point subdivision.

Dollar Point Home Owner Amenities Include:

Aquatics | A seasonal pool, with lanes roped off for lap swimming.
Beach | Gated sandy Lake Tahoe beach access for owners. This area has the homeowner pier on it, along with bathrooms, and beach chairs/umbrellas (season availability), along with a BBQ area.
Pier | A pier located by the Dollar Point sandy beach area. In the past they have had a seasonal pier attendant.
Buoys | Dollar Point has a buoy field providing mooring access for owners. See Buoy rules for more information.
Bocce Ball | Seasonal – Courts
Tennis | Seasonal – Two locations: three (3) courts by the pool area and two (2) courts lakeside by the private beach area.
Playground Equipment | Seasonal – Playground equipment is located next to the pool and tennis court area.

Dollar Point is easy to get to on a year-around basis. It is close to Tahoe City, but it is also close to Kings Beach.

Home owners will find they are also close to Northstar Ski Resort, along with Alpine Meadows and Squaw Valley Ski resorts.

When Buyers look at the homes for sale in Dollar Point they will find the selection of luxury homes is limited when compared to other neighborhoods. Finding Dollar Point homes for sale under $1 million will also be a challenge.

While Dollar Point is a premiere Lake Tahoe recreational amenity neighborhood.

While Dollar Point is a luxury neighborhood, the annual Dollar Point home owner fee is very reasonable for the services offered and provided.

For 2017, the annual Dollar Point HOA fee is $880/year with a $2,550 transfer fee between Buyers and Sellers. There is a $25,000 buy-in if a property want to join that is located in the subdivision.

Why Buy a Second Home in Dollar Point Tahoe City?

Most of my Tahoe Second home owners know where they want to buy and can easily select the North Lake Tahoe area they want to focus on, but sometimes they want options and alternatives.

Sometimes it can be over-whelming when it comes to deciding on which North Shore of Lake Tahoe resort community is going to be the best one for you.

Is it Dollar Point, or perhaps Agate Bay, Cedar Flat, or one of the near-by Tahoe City West Shore area resort communities like Tahoe Sierra Estates, or the Lake Tahoe Park area?

As a Tahoe REALTOR® that specializes in working with Truckee – North Lake Tahoe second home Buyers and Sellers, it is not uncommon for my buyers to find themselves asking, which community is best for me.

While there are no wrong choices here, there are some questions you can ask yourself that may help you focus your Tahoe property second home search.

Here is a quick list of items I suggest Tahoe Second home owners consider as they start the process of figuring out which Tahoe resort community will be best for them:

Home price | What you are hoping to spend on the property? Include repairs, improvements, and/or upgrades.
On-going HOA annual fee requirements – do you have financial restrictions, or a budget you want to keep?
Are you prepared for potential assessments?
What Tahoe recreational interests are most important to you? Lake Tahoe private beach access, pier access, buoy access, pool, tennis, hiking, biking, skiing (is there a resort you favor over the others), cross-county, golfing, and/or support services like restaurants/shops/professional lessons/child care?
Location – North Lake Tahoe versus one of the ski resorts (ski-in/ski-out), or being over in greater Truckee area
Large HOA membership, or smaller, more exclusive HOA membership

As my Tahoe Buyers go through the list of questions and create their answers to them, they will find the right direction for their Tahoe property search and the best place to buy.

As a Tahoe second home Buyer, or Seller you are going to have a number of questions, and I’m here to get you more information and answers. Let me know how I can help you too!

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

Want to see what condos are for sale in Tahoe City? 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.

Why Buy a Second Home in Dollar Point Tahoe City?

What is my home worth in Dollar Point | 2016

May 3, 2016 By Laura Allen, Broker Associate, Tahoe Real Estate Agent, CA RE 01473598 | 530-414-1260

What is my home worth in Dollar Point | 2016

What is my home worth in Dollar Point? Real estate conditions continue to change. Check out the current over-all market conditions as of 04-30-2016 to get a better idea of the Dollar Point real estate market conditions.

Real Estate Market Activity for Dollar Point, California as of 04-30-2016:

Number of Homes Sold in Dollar Point – 2015: 20
Median Average Sold Sales Price in Dollar Point for 2015: $913,250
Average Sold Sales Price in Dollar Point for 2015: $1,471,998
Sold Price Range in Dollar Point: $432,750 – $8,199,000
Average Sold Median Sales Price to Sold Median List Price Ratio for 2015 in Dollar Point: 96.7%
Average Days on Market (DOM) in Dollar Point – 2015: 98 DOM
Number of Lakefront Homes Sold in Dollar Point- 2015: 1
Number of Active and Available Homes for Sale in Dollar Point as of 04-30-2016: 7
Pending Sales in Dollar Point 04-30-2016: 1
Number of Distressed Sales – Court Approval, Short Sales, or REO Bank Foreclosures in Dollar Point Available for Sale as of 04-30-2016: 0

The demand for mountain homes and cabins in the Dollar Point area continues to be strong because of the wonderful private neighborhood optional home owners association that offers owners in the Dollar Point subdivision access to a seasonal pool, lake-side tennis courts, a great beach area that has a private pier, and owners have access to a buoy rental program, just to name a few recreational amenities owners can enjoy in Dollar Point.

The Dollar Point neighborhood is part of the Tahoe City community, which is located the North Shore of Lake Tahoe, approximately three (3) miles east of the “Y” in downtown Tahoe City.

The Dollar Point neighborhood has nice wide streets and it is easy to get to on a year-around basis. The Dollar Point neighborhood is close to biking and hiking trails, along with being close to paved bike and walking path that will take you right into Tahoe City!

The Dollar Point area is located on the lake-side of Hwy 28, and it is close to the public beach area at the end of Bristlecone Street, which has public beaches located at the end of the road, and one side is a dog friendly beach area, so for those Tahoe home owners that want to live near a dog friendly beach area, this neighborhood gives owner their own private amenities, but is still close to dog friendly beaches.

The Dollar Point neighborhood has all of the North Lake Tahoe recreational activities that our full-time and second home owners are looking.

If you like to boat, hike, bike, golf, ski, shop, or enjoy a meal at a lakefront restaurant this area is close to both Tahoe City, Carnelian Bay and Kings Beach, which gives home owners a lot of choices. This North Shore community is one that has it all and it is why it is so popular with primary residents and second home owners.

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

FREE Market Analysis in Dollar Point, CA

Just so you know this is not an instant home value that a computer will generate based on an algorithm that has been created for a city. Technology is great, but in the Tahoe area I have found that the instant home values and market estimates are often very inaccurate and misleading.

As a Dollar Point home owner you are looking for a current market value that is reflective of real market conditions. What your home is really worth needs to be accurate, so let’s do a real evaluation on your property.

Let’s take the time to make sure we have the right data and information on your Dollar Point property. We know that each Dollar Point 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? What are Tahoe second home buyers looking for in a mountain home, cabin, or lakefront property? What are those property features that will cause a property to sell quickly? You’ll find that Dollar Point 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 having features found in newer construction homes
Homes that are ready to use on day one – no home projects to do
Mountain Charm, Clean, and Uncluttered – Reflective of the Tahoe Lifestyle
Easy to show at all times – no special appointment needed
On REALTOR® Electronic Lock Box – listing agents do not need to be present to show the property
Correct Pricing in the Fair Market Value range according to the current market conditions

What are the wish-list items Tahoe Second Home Buyers are hoping to find in your Dollar Point lakefront, mountain home, cabin, or condo?

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 and patios
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)
Mountain – Cabin vibe
Optional Home Owner Association (HOA) for Lake Tahoe recreational water access and amenities – beach, pier, buoy rental option is a bonus – Dollar Point membership is a big plus
Backs to, or is next to open space
Low traffic locations
Lake Views
Lakefront

If you’re thinking of selling your Dollar Point 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 the Dollar Point neighborhood is always in demand!

Get a FREE Home Value Evaluation for your Dollar Point House Here

As a Dollar Point Seller did you know that more than 92%+ of home buyers will begin their property search on the internet? Now, more than ever your Tahoe mountain house needs to have the best on-line exposure, presentation, and coverage possible.

On-line marketing is so much more than just entering your property data and a few photos in the Tahoe Sierra Multiple Listing Service (TSMLS).

Internet marketing is far more advanced today. As a Seller if your agent is still hoping to get potential buyers to call about your home, with a limited internet profile, and poor photographs, you may be very disappointed with the results.

Serious second home buyers view an on-line listing with limited and/or incomplete information with poor, or no photos, as a being 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”. A poor on-line presentation puts your property at a marketing disadvantage.

A poor first impression will hurt your efforts to get top dollar for your Tahoe home.

Tahoe Seller Tip – Provide as much information and property details as you can on your property. The more information, the better!

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.

It is critical that your first photo have that “eye candy” for your on-line curb appeal. You want to send the right message about your property!

Each on-line viewing is your first showing! 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 Tahoe home on their short list of properties to see when they come to Lake Tahoe.

Unlike other markets, this second home market often has buyers here for only a few hours to see properties and most of already decided what home 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.

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 Dollar Point property needs a combination of a fully completed TSMLS property profile, 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 Dollar Point home for sale.

What is my Home Worth in Dollar Point?

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 and how it ranks on Google Page 1 for the internet search “Dollar Point Homes for Sale.

You’ll find her website on Google Page 1 in the number 4 spot! Laura’s website is ranking right there with the big national mega real estate portals with their multi-million dollars advertising budgets on page one for “Dollar Point Homes for Sale”.

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!

Want to know more about Laura Allen and her success rate?

As one of the top producing individual agents at Coldwell Banker, Laura Allen has an 82%+ sold rate for all listings taken since 2005 – 2016 (date of this post)! That means if you are serious about selling your Dollar Point property, as a top producer, we are getting the job done for our sellers!

Laura Allen, your Dollar Point Bay, California Real Estate Specialist! Check out my Dollar Point, California webpage on my website. It’s loaded with local information, video, and it makes finding just homes for sale in Dollar Point, California very easy.

Looking to buy? Homes for Sale in Dollar Point Here:

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

Want to see what condos are for sale in Tahoe City? 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.

Buyers and Sellers should investigate and verify all information to their own satisfaction.

What is my home worth in Dollar Point | 2016

Homes for sale in Dollar Point, Tahoe City, CA 96145

June 28, 2013 By Laura Allen, Broker Associate, Tahoe Real Estate Agent, CA RE 01473598 | 530-414-1260

Homes for sale in Dollar Point, Tahoe City, CA 96145

The Dollar Point neighborhood of Tahoe City is located approximately three (3) miles east of the “Y” in downtown Tahoe City on the North Shore of Lake Tahoe, California.

The Dollar Point neighborhood is a residential lakeside neighborhood location and is between downtown Tahoe City and the commercial area of Carnelian Bay and typically commands a market premium for the location and Dollar Point home owner recreational amenities.

The Dollar Point neighborhood of Tahoe City, California has a few, smaller, older Tahoe cabins, but the neighborhood is mostly a mix of larger mountain homes and newer luxury properties.

Dollar Point has approximately 569 parcels, of which, 39 are lakefront properties. The Dollar Point area offers a number of properties with lake view with roughly 40% of the homes in this subdivision having some sort of view of Lake Tahoe, making this a highly desirable neighborhood in North Lake Tahoe.

Dollar Point homes for sale are very desirable because of their close proximity to Lake Tahoe recreational activities such as boating, hiking, biking, tennis, golf, skiing, shopping, and restaurants, along with its private home owner association.

The Dollar Point area is known for its easy year-around access, the larger lot sizes, and the nice wide streets. It’s an easy neighborhood to get to on a year-around basis, and vacation rentals in the area are always in demand.

One of the features that most Dollar Point homes for sale have is the Dollar Point Association (DPA) membership. The DPA is an optional home owners’ association and their amenities include a seasonal swimming pool, tennis courts, gated private beach area, shared pier, and buoy rental option for members. Dollar Point real estate is very popular with second home owners.

As of 06/27/2013 homes for sale in Dollar Point area range from $620,000 to $3.35 million.

Check out this video on Dollar Point in Tahoe City, CA here:

If you’d like to what your Dollar Point home is worth, call me for a confidential consultation at 530.414.1260

If you’re looking to buy a home on the North Shore of Lake Tahoe, call me. As a Tahoe buyers’ agent I can show you homes not only in Dollar Point, but in all of the neighborhoods on the North Shore such as Agate Bay, Carnelian Bay, Cedar Flats, Ridgewood, Tahoe City, Tahoe Vista, and Kings Beach!

If you’re looking for a great home owners’ beach area, pool, tennis courts, and Lake Tahoe amenities check out the Dollar Point neighborhood in Tahoe City, California 96145!

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

Want to see what condos are for sale in Tahoe City? 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.

Homes for sale in Dollar Point, Tahoe City, CA 96145

New Construction Homes in Dollar Point

October 29, 2012 By Laura Allen, Broker Associate, Tahoe Real Estate Agent, CA RE 01473598 | 530-414-1260

New Construction Homes in Dollar Point

If you’re looking for a new construction home in the Dollar Point subdivision, of Tahoe City, California on the North Shore of Lake Tahoe, here is what you should know about how rare new, or newer construction homes are to come by in this neighborhood.

There are approximately 569 lots in this subdivision. Of those residential lots 39 are lakefront properties and it is estimated that approximately 40% of the Dollar Point homes have some sort of view of Lake Tahoe. Approximately 4% of the homes in Dollar Point are newer construction homes, and were built from 2000 through 2012 per the Placer County Assessor records.

Dollar Point Homes for Sale:

Break-down of newer construction homes for the Dollar Point neighborhood:

Built in 2012: 0 Homes

Built between 2007 – 2012: 6 Homes

Built between 2000 – 2012: 24 Homes, This means approximately 4% of the homes in Dollar Point were 12 years old, or newer).

Built between 1995 – 2012: 43 Homes, This means approximately 8% of the homes in Dollar Point were 17 years old, or newer.

So what are your chances of buying one of these newer construction homes built in Dollar Point? Since June 2005 through October 17, 2012, there have been 107 homes sold in the Dollar Point subdivision. Of those home sales, only 18 sales were identified as being 20 years old, or newer.

Break down on recent sales:

Homes sold built from 2007 – 2012 – 1 Home

Homes sold built from 2000 – 2012 – 6 Homes

Homes sold built from 1992 – 2012 – 18 Homes

This means of the 107 homes sold over the past few years, only 7 were newer construction homes, or 6% of all sales, which means Dollar Point newer construction homes for sale are very limited in supply.

Of the 18 newer construction homes sales there have been only 2 sales under $1 million. One home sale was at $878,000 in 2009, and the second sale was at $910,000 this past August 2012. All other sales for newer construction homes have been between $1.098 million to $5.25 million in Dollar Point.

Dollar Point is one of Tahoe’s more upper-end, luxury neighborhoods in the greater Tahoe City area and newer construction homes carry a significant market premium. While home prices have declined in the area, the demand for new, or newer construction homes in the area remains strong.

If you’re looking for an updated home in Dollar Point that has a newer construction feel to it, you’ll have a bigger selection to choose from, but the selection of homes for sale in Dollar Point is always limited.

If you’re in the market for a newer construction home, it’s important to know that your options will be very limited in the Dollar Point neighborhood.

Dollar Point newer construction homes in Tahoe City, California.

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

Want to see what condos are for sale in Tahoe City? 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.

New Construction Homes in Dollar Point

Dollar Point Homes for Sale – Tahoe City, North Shore, Lake Tahoe, California 96145

April 12, 2012 By Laura Allen, Broker Associate, Tahoe Real Estate Agent, CA RE 01473598 | 530-414-1260

Dollar Point Homes for Sale – Tahoe City, North Shore, Lake Tahoe, California 96145
The Dollar Point neighborhood of Tahoe City is located approximately three (3) miles east of downtown Tahoe City on the North Shore of Lake Tahoe, California. The Dollar Point neighborhood is a premium residential lakeside neighborhood location and is between downtown Tahoe City and the commercial area of Carnelian Bay.

Dollar Point Homes for Sale:

The Dollar Point neighborhood of Tahoe City, California has a few, smaller, older Tahoe cabins, but the neighborhood is mostly a mix of larger mountain homes and newer luxury properties. Dollar Point has approximately 569 parcels, of which, 39 are lakefront properties, and roughly 40% of the homes in this subdivision have some sort of view of Lake Tahoe, making this a highly desirable area in North Lake Tahoe.

Dollar Point homes for sale are very desirable because of their close proximity to Lake Tahoe recreational activities such as boating, hiking, biking, tennis, golf, skiing, shopping, and restaurants.

Currently there are eleven (11) Dollar Point homes for sale ranging in price from $550,000 to $2.3 million. In 2011, there were eight (8) Dollar Point homes sold with an average median home sales price of $657,000. The lowest Dollar Point home sold was $519,000 and the highest was a lakefront property at $3,040,050.

Real estate in Dollar Point, Tahoe City, California is a great location to consider!

Want to see what Tahoe City homes are for sale? 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.

Dollar Point Homes for Sale – Tahoe City, North Shore, Lake Tahoe, California 96145