Luxury Real Estate Archives

Fleur du Lac Condos for sale. 4000 West Lake Blvd., Homewood, California, West Shore, Lake Tahoe 96141

March 20, 2012 By Laura Allen, Tahoe Real Estate Agent, 530-414-1260, CalRE# 01473598

Fleur du Lac Condos for sale, 4000 West Lake Blvd., Homewood, California, West Shore, Lake Tahoe 96141:

These mountain style townhomes are exquisitely maintained with incredible interiors and each unit has their own attached garage.

A pier, pool, tennis courts, outdoor spa, gym, children’s playground, lakefront clubhouse with kitchen and bar, lakefront meeting room, private boat slip for owner’s exclusive use in their marina, lake side Bocce ball court, on-site concierge services for housekeeping, shopping, transportation and event planning are also all available.

Fleur du Lac is well-known for its privacy and exclusivity, but it is also a well-known West Shore lakefront location. It was originally the private summer estate of industrialist Henry J. Kaiser (Kaiser Aluminum), which was built in 1939.

Later, the grounds and original buildings were used in the filming of the movie, Godfather II in 1973. Shortly after the movie was made, a developer purchased the property and demolished the old main house to make room for the elite group of townhomes, now known as Fleur du Lac.

Today, the only structures used in the movie that still remain are the complex of old native stone boathouses with their wrought iron gates. Fleur du Lac estates are an easy land mark to point out from the water and from Highway 89 in the Homewood area.

Fleur du Lac condos that are for sale are multi-million dollar units. Monthly home owner fees are just under $4,000/month. The last sale in the complex was at $3.24 million on 12/31/2009.

Features at the Fleur du Lac Development include:

- Heated Seasonal Pool (Closed in the Winter) / Outdoor Spa
- Tennis Courts
- Lakefront Property
- Pier
- Boat Buoys
- Boat Slips / Marina
- Private Beach
- Club House
- Gym
- Children’s Playground Area
- Bocce ball court
- On-site Concierge services for housekeeping, shopping, transportation and event planning are all available.
- Lakefront Condos
- Lake View Condos
- Three (3), Four (4), and Five (5) Bedroom Floor Plans
- Twenty-Two (22) units in the development
- Gated Complex
- Check out the Fleur du Lac HOA website here.

Learn more about the luxury development Fleur du Lac here!

If you don’t see what you want, there may be units that are available for sale, but not on the open market. Ask Laura at 530.414.1260.

For all of your Tahoe real estate needs – Laura Allen | 530.414.1260 Broker Associate, Tahoe REALTOR®, Tahoe Real Estate Agent, CRS, Laura@TahoeLaura.com CalRE# 01473598

www.TahoeLauraRealEstate.com

Coldwell Banker Residential Brokerage, Tahoe City, California.

Fleur du Lac Condos for sale. 4000 West Lake Blvd., Homewood, California, West Shore, Lake Tahoe 96141

Squaw Valley, California makes the Condé Nast Traveler Top 20 Ski Resorts List

November 22, 2011 By Laura Allen, Tahoe Real Estate Agent, 530-414-1260, CalRE# 01473598

Squaw Valley, California makes the Condé Nast Traveler Top 20 Ski Resorts List

Congratulations to Squaw Valley for making the Condé Nast Traveler, 16^th Annual Best Places to Ski & Stay in North American Readers Poll – Top 20 Ski Resorts.

In the December 2011 issue of Condé Nast Traveler, Squaw Valley, California was the only California ski resort area to make the Top 20 Ski Resorts list. Squaw Valley, the home of the 1960 Winter Olympics is well known for its great skiing and amenities. Ask any Lake Tahoe – Truckee, California local and we’ll all tell you how fabulous Squaw Valley USA ski resort area is for winter sports, but it’s always nice to have others say the same thing too – Congratulations Squaw Valley!

Opening day is November 23, 2011. Need more information about skiing at Squaw Valley – Click Here.

Take a quick peak at the Squaw Valley area and the Squaw Valley Village Resort area here with this video:

Thinking about buying your own Squaw Valley, California Mountain home, or ski cabin?

Want to know what Squaw Valley Condominiums are for sale?

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

Tahoe Pines, Homewood, West Shore, Lake Tahoe, California Real Estate Market Report – November 2011

November 20, 2011 By Laura Allen, Tahoe Real Estate Agent, 530-414-1260, CalRE# 01473598

Tahoe Pines, Homewood, West Shore, Lake Tahoe, California Real Estate Market Report – November 2011

The Tahoe Pines neighborhood of Homewood, California is located approximately 5 miles south of Tahoe City on the West Shore of Lake Tahoe.

Tahoe Pines, Homewood, California - West Shore, Lake Tahoe California

The Tahoe Pines area is one of the older neighborhoods in Lake Tahoe and was established in 1911. It is a small, West Shore neighborhood, that is just a couple of miles north of the Homewood Ski Resort.This West Shore neighborhood is close to Lake Tahoe recreational activities such as boating, hiking, biking (dirt and paved trails), tennis, golf, skiing, shopping, and restaurants. It is also home to Fleur du Lac, a small, exclusive, gated group of townhomes, which is where the movie The Godfather II was filmed back in the early 1970’s.

The Tahoe Pines neighborhood is a mix of smaller, older, Tahoe cabins, to larger, newer luxury mountain homes, with a limited number of lakefront properties. Home owners do have the option to join a local home owners group that has access to a gated shared pier, located at the end of Grand Avenue. This second home neighborhood has more of a mountain – forest feel to it, and when it snows, home owners really know that they are living near a ski resort area.

Sold Single Family Homes in the Tahoe Pines neighborhood West Shore, Lake Tahoe, California:

In the Tahoe Pines area, mountain home and cabin prices are up significantly this year, with the average median sales price at $655,000. While home prices are up, sales for 2011 have been slower, but could come close to 2010 sales levels if all pending sales close by the end of the year.

Cash sale transactions for the Tahoe Pines area has doubled to 50%, indicating buyers are still finding good real estate values in the Homewood area, and willing to place their investment dollars here.

The number of homes going into escrow with in the first 30 days of being listed in the Tahoe Sierra Multiple Listing Service (TSMLS) has also increased to 1 out of every 2 Tahoe Pines homes sold. Sending a message to buyers, if it’s a deal and you’re interested, you need to write your offer up now.

Distress sales (bank foreclosures- real estate owned (REO’s) and short sales) accounted for 25%, which is a significant improvement over 2010, where 62.5% of all homes and cabins sold were REO sales in this neighborhood.

There were 6 Active – available homes for sale in just the Tahoe Pines, Homewood, West Shore, Lake Tahoe, California area as of 11/08/2011. They ranged in price from $340,000 to $6.495 million.Of the 6 homes offered for sale there are no REO, or short sale listings. There are 3 pending sales in the Tahoe Pines, Homewood area as of 11/08/2011, ranging in price from $325,000 to $1,395,000.

Want to know what Tahoe Pines, lakefronts, mountain homes, and cabins are for sale?

Tahoe Pines, West Shore, Lake Tahoe, California, Real Estate Summary for Sold Single Family Homes:

Year

Homes

Sold

Median Average Sales Price

Lowest

Price Sold

Highest

Price Sold

% Cash

Transactions

Homes

into escrow with in 30 days of being

listed in TSMLS

%Distressed

Sales

Breakdown

of distressed

Sales

2011*

$655,000

$450,000

$899,000

0 Lakefronts*

50%

More than

1 out of 2

25%

1 REO’s

0 Short Sales

2010

$377,450

$260,000

$5,450,000

1 Lakefronts

25%

1 out of 4

62.5%

5 REO’s

0 Short Sale

*YTD period is 01/01/2011 – 11/08/2011. Data Source:Tahoe Sierra Multiple Listing Service. One lakefront in Tahoe Pines did sell this year, but was not reported in the MLS, so it is not included in this data.

Remember when we have only a handful of sales in a neighborhood, the increase and decrease swings in the percent changes can be significant. Numbers are easily moved in either direction depending on the combination of homes sold. When reviewing neighborhood data, I recommend reviewing the overall Lake Tahoe, California area, or the entire Lake Tahoe – Truckee Region to confirm trends and direction, rather than relying on just a small group of sales.

Note:Year-to-date summaries are based on information from the Tahoe Sierra Board of Realtors (TSMLS). Due to TSMLS reporting methods and allowable reporting policy, this data is only informational and may not be completely accurate. Therefore, Laura Allen, or Coldwell Banker Residential Brokerage does not guarantee the data’s accuracy. Data maintained by the TMLS’s may not reflect all real estate activity in the market. All information is deemed to be reliable, but is subject to change and/or correction without prior notice.Data Source – Tahoe Sierra Multiple Listing Service (TSMLS). If your property is currently listed for sale, or you have an active Buyer Representation Agreement, this is not intended as a solicitation.

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

Luxury Lakefront Homes – Tahoe City, North Shore, and West Shore, Lake Tahoe, California Real Estate Market Update November 2011

November 10, 2011 By Laura Allen, Tahoe Real Estate Agent, 530-414-1260, CalRE# 01473598

Luxury Lakefront Homes – Tahoe City, North Shore, and West Shore, Lake Tahoe, California Real Estate Market Update November 2011

Luxury Lakefront Homes - Tahoe City, North Shore, and West Shore, Lake Tahoe, California Real Estate Market Update November 2011

One of the real estate highlights for last year (2010) was the record number of reported lakefront home sales on the North Shore, West Shore, and Tahoe City areas of Lake Tahoe, California. In 2010, there were 22 lakefront homes sold, which passed the total number of reported lakefront sales during the real estate peak years of 2005 (20 lakefronts sold) and 2006 (19 lakefronts sold). Last year, lakefronts sold prices ranged from $1.95 million to $12.4 million, showing that it wasn’t all about low-priced foreclosures.

It’s always hard to meet, let alone beat, a sales volume record in the high-end, luxury Tahoe lakefront home market, but 2011 has done well so far, with 18 reported lakefront sales for the North Shore, West Shore, and Tahoe City areas. For starters, the average median lakefront home sales price was $3,118,200, which is down 15.7% from last year, which reflects the overall downward market trend that the area has been under for the past few years.

The Lake Tahoe lakefront market is still in demand, as 27.8%, or 1 out of every 4 lakefronts sold in 2011 had an accepted offer with in the first 30 days of being listed in the Tahoe Sierra Multiple Listing Service TSMLS). This tells us that even in the very high-end, luxury lakefront market, if a property is priced right, it should sell quickly, and that there are willing and waiting buyers for a correctly priced Tahoe lakefront property.

The price range for Tahoe lakefronts sold in 2011 ranged from $1,025,000 to $6,450,000, which is a narrow range compared to 2010. An impressive 81% of the Tahoe lakefront sales were cash transactions, which is up over 2010 levels, and is a good indication that our affluent buyers are still finding great values here in Lake Tahoe, California market.

At the beginning of November 2011, there were 53 Active* lakefront homes available for sale in the Tahoe City, North Shore, and West Shore, Lake Tahoe areas. They ranged in price from $1,149,900 to $21 million.Of the 53 lakefront homes and cabins offered for sale, there are several distressed sales: 1 Court Approval, 1 REO listing, and 2 short sales making up 7.5% of the available inventory. There is 1 lakefront sale pending and it is a short sale lakefront home priced at $2,900,000 in this vacation-resort second home market.

Search all lakefront mountain homes, or cabins for sale in Lake Tahoe, California here.

Sold Lakefront Single Family Homes in Tahoe City, North Shore, and West Shore, Lake Tahoe, California Report Summary:

Year

Homes

Sold

Median Average Sales Price

Lowest

Price Sold

Highest

Price Sold

Cash

Transactions

Homes into escrow with in 30 days of being

listed in TSMLS

Distressed

Sales

Breakdown

of distressed

Sales

2011*

$3,118,200

$1,025,000

$6,450,000

81%

27.8%

More than

1 out of 4

5.5%

0 REO’s

1 Short Sales

2010

$3,700,000

$1,950,000

$12,400,000

72%

36%

More than

1 out of 3

0 REO’s

0 Short Sale

*YTD period is 01/01/2011 – 11/01/2011.*Active totals do not include “active contingent” listings. Market data source: Tahoe Sierra Multiple Listing Service (TSMLS), TSMLS area 1-5.

Year-to-date summaries are based on information from the Tahoe Sierra Board of Realtors (TSMLS). Due to TSMLS reporting methods and allowable reporting policy, this data is only informationalNote and may not be completely accurate. Therefore, Laura Allen, or Coldwell Banker Residential Brokerage does not guarantee the data’s accuracy. Data maintained by the TMLS’s may not reflect all real estate activity in the market. All information is deemed to be reliable, but is subject to change and/or correction without prior notice.Data Source – Tahoe Sierra Multiple Listing Service (TSMLS).If your property is currently listed for sale, or you have an active Buyer Representation Agreement, this is not intended as a solicitation.

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