Why Buy a Second Home in Tahoe Park Tahoe City?

June 13, 2017 By Laura Allen, Broker Associate, Tahoe Real Estate Agent, CA RE 01473598 | 530-414-1260

Why Buy a Second Home in Tahoe Park Tahoe City?

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

Why buy a second home in Tahoe Park Tahoe City?
Answer: Lake Tahoe Recreational Amenities | Location | Lifestyle

Tahoe Park is a well-known voluntary home owner association. Membership can be relinquished one time, however, once a property relinquishes its membership it is irrevocable and the lot/property cannot re-join under the current rules as of 06/2017.

Tahoe Park membership involves several neighborhoods on the West Shore of Lake Tahoe and the West Shore of Tahoe City including: Lake Tahoe Park, Tahoe Park, Tahoe Park Heights, Talmont, and Tahoe Woods.

See Homes for sale with the Tahoe Park HOA Membership:

The Lake Tahoe Park Association (LTPA), also known as “Tahoe Park” is an association for property owners in the one (1) square mile known as Section 13, T-15N R-16E, of the Mount Diablo Base and Meridian. It is one of the oldest recreational membership associations in the area, established on May 8, 1926!

The lower Tahoe Park area is sometimes referred to as the “Sunnyside area” as these mountain homes and cabins are also close to the Sunnyside Resort (restaurant, bar, and hotel), Fire Sign Café and the West Shore Market.

There are approximately +/- 700 members in the Tahoe Park association.

About 30% of the properties are located a very short distance from the HOA beach/park area. A number of properties in Talmont, or Tahoe Woods areas have views of Lake Tahoe.

The homes, and condos (there are some mini-condo buildings, mostly 2 units configurations, but there is at least one 4 unit condo building in the association) are a mix of older, classic Tahoe cabins, but there are a number of newer, larger mountain homes. Depending on what you are looking for, these West Shore of Lake Tahoe neighborhoods have a lot to offer.

Tahoe Park Home Owner Amenities Include:

Beach | Gated, Lake Tahoe beach access for owners. This area has two (2) homeowner piers on it, along with bathrooms, and picnic tables, BBQ’s, and benches.
Pier | Two piers are located in the Tahoe Park beach/park area.
Buoys | Tahoe Park has a buoy field providing mooring access for owners. See Buoy rules for more information.
Bocce Ball | Seasonal – Courts
Volleyball Court | Seasonal – Sandy volleyball court.
Playground Equipment | Seasonal – Playground equipment is near the kayak storage area.

Why Buy a Second Home in Tahoe Park Tahoe City?

The Tahoe Park membership neighborhoods are easy to get to on a year-around basis and are less than three (3) miles to downtown Tahoe City.

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

When Buyers look at the homes for sale in different Tahoe Park membership areas they will find the selection of homes for sale is limited when compared to other neighborhoods.

Tahoe Park is a premiere Lake Tahoe amenity neighborhood and the demand for properties in this area is always high.

While the Tahoe Park homes do command a market premium, the annual Tahoe Park home owner fee is very reasonable for the services offered and provided.

For 2017, the annual Tahoe Park HOA fee is only $300/year. New owners pay a $3,000 transfer fee between Buyers and Sellers upon the transfer of title.

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.

Is it Tahoe Park, or perhaps other popular West Lake Tahoe neighborhoods like Tahoe Sierra Estates, Skyland, Tahoe Swiss Village, Chamberlands, McKinney Shores, or Tahoe Cedars?

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. We have so many great choices, it can be hard to know what will be best for you.

While there are no wrong choices here, I can show you your home options in your price range, and I can help you sort through all of the information for each of the neighborhood that you like.

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? Want more home buying options? 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 Tahoe Park Tahoe City?

Homes for sale in Tahoe Park, 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 Tahoe Park, Tahoe City, CA 96145

The Tahoe Park neighborhood of Tahoe City, California is located approximately two (2) miles south of the “Y” in Tahoe City on the West Shore of Lake Tahoe.

Officially the Tahoe Park subdivision is called “Lake Tahoe Park”, but locally the area is known as “Tahoe Park”. Many know this area because of its close proximity to the Sunnyside Resort and Fire Sign Café restaurant.

The Tahoe Park area has the charm of the smaller, older Tahoe cabins, along with newer, larger, luxury mountain homes. There are approximately 353 parcels in this neighborhood with 33 lakeside (not lakefront, but lakeside of Highway 89 South) parcels. There are no lakefront parcels with in the Tahoe Park subdivision.

Property located in the Tahoe Park area comes with the highly desirable Lake Tahoe Park Homeowner Association (LTPHOA, also known as the “Tahoe Park HOA”) with its gated beach area, two piers, and BBQ areas.

Membership into the Lake Tahoe Park HOA can only be gained by land ownership in their designated one mile area. The LTPHOA adds to the overall market value of the popularity of the area. Check out the Lake Tahoe Park HOA area for their members here:

While there are several subdivisions that come with the Lake Tahoe Park HOA membership, such as Tahoe Park Heights, Talmont, and Tahoe Woods, only the Tahoe Park (Lake Tahoe Park) homes are within a short walking distance of the Tahoe Park HOA beach area.

The Tahoe Park neighborhood is a favorite with primary and second home owners because of its close proximity to downtown Tahoe City and its very desirable gated home owners’ beach area!

As of 06/27/2013 homes for sale in Tahoe Park area range from $429,000 to $929,000.

If you’d like to what your Tahoe Park home is worth, call me for a confidential consultation at 530-414-1260

If you’re looking to buy a home on the West Shore of Lake Tahoe, call me. As a Tahoe buyers’ agent I can show you homes not only in Tahoe Park , but in all of the neighborhoods on the West Shore such as Tahoma, Chamberlands, Meeks Bay, Rubicon Bay, Homewood, McKinney Shores, Tahoe Swiss Village, Tahoe Pines, Talmont, Tahoe Sierra Estates, and Tahoe City!

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

Thinking about making Tahoe City, California your second home? Want more home buying options? 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 Tahoe Park, Tahoe City, CA 96145

Tahoe Park, Tahoe City, California, Real Estate Market Report – October 2012

November 5, 2012 By Laura Allen, Broker Associate, Tahoe Real Estate Agent, CA RE 01473598 | 530-414-1260

Tahoe Park, Tahoe City, California, Real Estate Market Report – October 2012

The Tahoe Park area of Tahoe City, California is a small, West Lake Tahoe neighborhood located approximately 2 miles south-west of the “Y” in Tahoe City.

Officially this subdivision is called “Lake Tahoe Park”, but locally the area is known as “Tahoe Park”. Many know this area because of its close proximity to the Sunnyside Resort and Fire Sign Café restaurant.

The Tahoe Park area has the charm of the smaller, older Tahoe cabins, along with newer, larger, luxury mountain homes. There are approximately 353 parcels in this neighborhood.

Property located in the Tahoe Park area comes with the highly desirable Lake Tahoe Park Homeowner Association (also known as “Tahoe Park HOA”) with its gated beach area, two piers, and BBQ areas.

Membership into the Lake Tahoe Park HOA can only be gained by land ownership in their designated area and adds to the overall market value of the popularity of the area.

While there are several subdivisions that come with the Tahoe Park HOA membership, such as Tahoe Park Heights, Talmont, and Tahoe Woods, only the Tahoe Park (Lake Tahoe Park) homes are within a reasonable walking distance of the Tahoe Park HOA beach area. Check out this video on the Tahoe Park HOA area here:

Tahoe Park, Tahoe City, California Sold Single Family Homes:

In the Tahoe Park neighborhood the average median home sales price for 2012 is $360,000. With 7 sales this year, over the 1 sale from 2011, sales activity has really picked up.

Cash sales for the Tahoe Park homes area are also up over 2011 levels at 29%.

The current absorption rate for the Tahoe Park neighborhood is at 3 months. Anything below 5 months is considered a Sellers’ Market. The absorption rate can change quickly. Based upon the current level of activity in the Tahoe Park area, the market has stabilized and has most likely put in a market bottom.

There has been 1 distressed sale (bank foreclosures- real estate owned (REO’s) and short sales) for 2012.

There were 6 available homes and cabins for sale in just the Tahoe Park neighborhood of Tahoe City as of 11/04/2012. They ranged in price from $325,000 to $895,000.

Of the 6 homes offered for sale there are 2 short sales accounting for 33% of the market share, which is still putting pricing pressure on the area.

Currently, there are 2 pending sales in the Tahoe Park area as of 11/04/2012, ranging in price from $299,000 to $975,000.

Tahoe Park, Tahoe City, California, Real Estate Summary Sold Single Family Homes:

Year	Homes Sold	Median Average Sales Price	Lowest Price Sold	Highest Price Sold	% Cash Transactions	Absorption Rate <5 Months Sellers’ Mkt 5-7 Months Balanced Mkt 7 Months Buyer’s Mkt	% Distressed Sales	Breakdown of distressed Sales
2012*	1	$360,000	$256,000	$660,000	29%	3 Months Sellers’ Market	14%	0 REO’s1 Short Sale
2011	1	$525,000	$525,000	$525,000	0%	NA	0%	0 REO’s0 Short Sales
2010	11	$560,000	$300,905	$2,200,000	44%	NA	55%	3 REO’s3 Short Sales
2009	7	$475,000	$400,000	$925,000	14%	NA	29%	1 REO’s1 Short Sale
2008	3	$879,833	$439,500	$1,140,000	67%	NA	0%	0 REO’s0 Short Sale
2007	7	$830,000	$550,000	$1,155,000	29%	NA	0%	0 REO’s0 Short Sale
2006	13	$849,000	$712,500	$1,350,000	15%	NA	0%	0 REO’s0 Short Sale

*YTD period is 01/01/2012 – 10/31/2012. Data Source: Tahoe Sierra Multiple Listing Service. Absorption rate based on 30 day period of time as of 11/04/2012. Subject to change and/or correction at any time without notice.

Tahoe Real Estate Market report for the Tahoe Park, Tahoe City, California area – October 2012

Need more help in trying to figure out your Lake Tahoe – Truckee home/condo buying options?

Do you want to learn more about the different neighborhoods, locations, developments and their amenities, HOA fees and the ones that will best meet your needs? Call me at 530.414.1260 and I can help you find the right place to buy!

Thinking about making Tahoe City, California your second home? Want more home buying options? 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.

Tahoe Park, Tahoe City, California, Real Estate Market Report – October 2012

Tahoe Park Homes for Sale

June 30, 2012 By Laura Allen, Broker Associate, Tahoe Real Estate Agent, CA RE 01473598 | 530-414-1260

Tahoe Park Homes for Sale

If you’re looking for a neighborhood that is within walking distance to Lake Tahoe and has their own private homeowners’ beach consider a Tahoe Park home for sale on the West Shore of Lake Tahoe in Tahoe City, California. The Tahoe Park neighborhood of Tahoe City, California is located approximately 2 miles south of the “Y” in Tahoe City in West Lake Tahoe, California.

The Tahoe Park neighborhood is charming. It is one of the older neighborhoods on the West Shore, and is known for its easy access and has the appeal of old Tahoe. The Tahoe Park neighborhood is a nice mix of older, smaller Tahoe cabins, along with newer, larger, luxury mountain homes. There are approximately 353 parcels in this West Shore neighborhood, which means there aren’t a lot of Tahoe Park homes for sale in this area.

The Tahoe Park neighborhood is very desirable as most of the homes are within walking distance to the Lake Tahoe Park Homeowner Association (also known as “Tahoe Park HOA”) gated beach area. Membership into the Lake Tahoe Park HOA can only be gained by land ownership in their designated area and adds to the overall market value and desirability of the area.

The Lake Tahoe Park Homeowners Association gives owners access to over 850’ feet of Lake Tahoe Shore line, a gated beach, BBQ/picnic areas, two shared piers, buoy rental, and kayak storage rental options, just to name a few of the wonderful benefits of the group. This premium beach location is next William Kent Campground Public Beach area and the Sunnyside Resort and Marina area. Check out this video on the Lake Tahoe Park HOA Beach Area here:

In addition to Tahoe Park being located close enough for most residents to walk, or take a short ride to their HOA beach area, this neighborhood has a small commercial area. They have a market – Sunnyside Market, and three restaurants – Fire Sign Café (breakfast and lunch), Spoons (dinner only) and Sunnyside Resort (Lodge, Bar, and Restaurant, lunch seasonal, dinner nightly). Vacation rentals in the Tahoe Park area are typically at a premium because of the desirable location and the Tahoe Park HOA membership.

Like most West Shore neighborhoods, Tahoe Park’s close proximity to the ski resorts, Tahoe City and Lake Tahoe recreational activities such as boating, hiking, biking (dirt and paved trails), tennis, golf, skiing, shopping, and restaurants makes this a great area to have a primary, or secondary home.

Currently there are ten (10) homes listed for sale in Tahoe Park, ranging in price from $279,900 – $1,150,000. If you don’t find the Tahoe Park home for sale that you’re looking for, consider nearby neighborhoods Talmont, or Tahoe Woods, as both of these areas also has access to the Lake Tahoe Park HOA memberships.

Mountain homes and cabins for sale in Tahoe Park, Tahoe City, California 96145.

If you’re looking for a mountain home, or cabin with a homeowners’ membership that will give you lakefront amenities consider the Tahoe Park neighborhood in Tahoe City, California.

Thinking about making Tahoe City, California your second home and want a property with the Tahoe Park HOA membership?

Want to all homes 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.

Tahoe Park Homes for Sale

Tahoe Park, Tahoe City, West Shore, Lake Tahoe, California Real Estate Market Report – Year End Review 2011

February 9, 2012 By Laura Allen, Broker Associate, Tahoe Real Estate Agent, CA RE 01473598 | 530-414-1260

Tahoe Park, Tahoe City, West Shore, Lake Tahoe, California Real Estate Market Report – Year End Review 2011

The Tahoe Park neighborhood is one of the older neighborhoods on the West Shore, and is known for its easy access and the charm of the smaller, older Tahoe cabins, along with newer, larger, luxury mountain homes.

This area is very desirable as the homes are walking distance to the Lake Tahoe Park Homeowner Association (also known as “Tahoe Park HOA”) gated beach area. Membership into the Lake Tahoe Park HOA can only be gained by land ownership in their designated area and adds to the overall market value and desirability of the area.

The Lake Tahoe Park Homeowners Association gives owners access to over 850’ feet of Lake Tahoe Shore line, a gated beach, BBQ/picnic areas, two shared piers, buoy rental, and kayak storage rental options, just to name a few of the wonderful benefits of the group. This area is located next William Kent Campground Public Beach and the Sunnyside Resort and Marina area.

In addition to Tahoe Park being located close enough for most residents to walk, or a short ride to their HOA beach area, this neighborhood has a small market- West Shore Market, three restaurants – Fire Sign Café (breakfast and lunch), Spoons (dinner only) and Sunnyside Resort (Bar and restaurant, lunch seasonal, dinner nightly), and Cyclepaths bike shop. Vacation rentals in this area are typically at a premium because of the desirable location and the Lake Tahoe Park HOA membership.

Like most West Shore neighborhoods, Tahoe Park’s close proximity to Tahoe City and Lake Tahoe recreational activities such as boating, hiking, biking (dirt and paved trails), tennis, golf, skiing, shopping, and restaurants makes this a great area to have a primary, or second home.

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

Mountain home and cabin prices are down -6% for the Tahoe Park, Tahoe City, California area. What is really surprising is how few sales this popular area has had this past year with just one (1) sale in the Tahoe Park neighborhood for 2011.

With only one sale completed for this year in this neighborhood, it’s hard to come to any strong conclusions on how much this area has really dropped, or if stabilization is really occurring. Comparing 2009 to 2010, home values increased +17.8%, but the number of distress sales almost doubled, to 54% of all sales in 2010. What we do know is that this area, with 8 homes currently for sale this area has had very little activity. Based on the one sale in 2011, the currently median average sales price is at $525,000.

Cash sale transactions for Tahoe Park homes improved in 2010 to 44%, but the one sale in 2011 was not a cash sale, so that drops to 0% cash sales, well below the Tahoe-Truckee area average of 35%.

The current absorption rate for this neighborhood is unknown since the last sale was more than 6 months ago. Anything above 7 months of inventory is considered a Buyers’ market. The absorption rate can change quickly and is typically based on the past 30 – 60 days. Since only 1 sale occurred in the past 12 months, with 8 properties listed for sale, we know that the absorption rate is more than 8 months, or a Buyers’ market.

There were no distress sales (bank foreclosures- real estate owned (REO’s) and short sales) for 2011, which is an improvement over 2010.

There were 8 Active – available homes for sale in just the Tahoe Park neighborhood of, Tahoe City, West Shore, Lake Tahoe, California area as of 02/08/2012. They ranged in price from $315,000 to $1,235,000. Of the 7 homes offered for sale there is 1 short sale accounting for 13% of the market share. Currently, there are no pending sales in the Tahoe Park area as of 02/08/2012.

[youtube=http://www.youtube.com/watch?v=2xh82rxPCk0&w=420&h=315]

Tahoe Park, Tahoe City, 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	Absorption Rate < 5 months Sellers Mkt 5-7 months balanced Mkt >7 months Buyer’s Mkt	% Distressed Sales	Breakdown of distressed Sales
2011	1	$525,000	$525,000	$525,000	0%	8+ Months Buyers’ Market	0%	0 REO’s 0 Short Sales
2010	11	$560,000	$300,905	$2,200,000	44%	NA	55%	3 REO’s 3 Short Sales
2009	7	$475,000	$400,000	$925,000	14%	NA	29%	1 REO’s 1 Short Sale
2008	3	$879,833	$439,500	$1,140,000	67%	NA	0%	0 REO’s 0 Short Sale
2007	7	$830,000	$550,000	$1,155,000	29%	NA	0%	0 REO’s 0 Short Sale
2006	13	$849,000	$712,500	$1,350,000	15%	NA	0%	0 REO’s 0 Short Sale

*YTD period is 01/01/2011 – 12/31/2011. Data Source: Tahoe Sierra Multiple Listing Service.

If you’d like more information on the Lake Tahoe – Truckee, California real estate market read current and past Tahoe newsletters.

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.

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.

Tahoe Park, Tahoe City, West Shore, Lake Tahoe, California Real Estate Market Report – Year End Review 2011