What is your Rocky Ridge Condo Worth | 2016

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

The Rocky Ridge Condo development is just outside of the downtown Tahoe City – North Shore, CA area.

See Current real estate listings for Rocky Ridge Condos for Sale here:

The Rocky Ridge Condo development is currently the only North Shore condominium development in the area that has a mountain-side setting with their own private lakefront amenities and property.

Rocky Ridge is not a true lakefront condominium development because the units are located on non-lakefront property, but they do have their own private lakefront property so it is development that offers both to their owners. Rocky Ridge is located at 1877 North Lake Blvd., Tahoe City, CA 96145.

The Rocky Ridge Condo development is located approximately 1.5 miles east of the “Y” (stop light) in downtown Tahoe City on the North Shore of Lake Tahoe.

The Rocky Ridge Condo complex was built in the 1970’s and 1980’s. It is one of the larger mountain sized condominium development with approximately +/- 100 units. What is unique about the Rocky Ridge development is the combination of mountain-side and lakefront parcel, along with some of the most impressive panoramic lake views around in our area!

There are many different types of layouts in the complex and there are two (2) bedrooms, three (3) bedrooms, and four (4) bedroom floor plans.

All of the units are two stories/levels, but you’ll find the living room and kitchen area located on the both the lower, ground level, and on the upper level, which reflects the diversity on the different floor plan designs in the development.

About half of the units have some type of view of Lake Tahoe ranging from panoramic to just a peek.

Rocky Ridge is literally located on the edge of a mountain ridge, so there really are amazing panoramic lake views in this development, along with partial lake views, and forest setting views.

The approximate square footage is as follows

2 Bedroom Units between +/- 1,374 square feet to +/- 1,726 square feet
3 Bedroom Units between +/- 1,673 square feet to +/- 2,150 square feet
4 Bedroom Units between +/- 1,850 square feet to +/- 2,150 square feet

The mountain-side development has two pools, one of which has panoramic lake views, four tennis courts, golf putting area, basketball practice court, playground equipment, and picnic tables. At the lakefront property, home owners have access to a beach area, pier, buoys, sand volleyball court, and club house!

Rocky Ridge Condo Buyers will find that at any one given time, the selection may be very limited, and you may have to wait if you are looking for a specific unit combination, floor plan layout, view, or location within the development.

Historically, turn-over in the Rocky Ridge development has been very low, with only a 2-3% turn-over in ownership on an annual basis.

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 mountain-side living with lakefront access, Rocky Ridge is the complex for you to consider.

If you want just a true lakefront development where you never have to leave the development to get to the water’s edge of Lake Tahoe then your selection of lakefront condo for sale in Tahoe City will be one of your largest selection with over 386+ condos that were built and located in just lakefront condo developments in this area.

Tahoe Condo Buyers will have eight (8) different lakefront condo developments (not including Rocky Ridge, which has access to lakefront amenities and is considered to be a hybrid mountain-side living for the condos but access to a private lakefront area) to consider.

Expanding your Tahoe City Condo search to all Tahoe City – North Shore Condo Developments, you’ll have eleven (11) condo developments to consider, which includes all mountain-side developments.

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 Rocky Ridge 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 Rocky Ridge Condo unit.

Currently there are two (2) condos for sale in the Rocky Ridge complex. The non-lake view unit is listed at $675,000 and the panoramic lake view unit is listed at $1.1 million as of 10-13-2016.
There are no pending condo sales (0) in Rocky Ridge.
There have been two (2) condo sales in the Rocky Ridge complex in 2016, with a sold median average price of $755,000. The two sales were $695,000 and $815,000 respectively.

Rocky Ridge 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 Rocky Ridge	$755,000	$755,000	$695,000	$815,000	0%	0%	0 REO’s 0 Short Sales
2015	6 Rocky Ridge	$675,000	$756,666	$525,000	$1,100,000	50%	0%	0 REO’s 0 Short Sales
2014	3 Rocky Ridge	$745,000	$800,000	$725,000	$930,000	33.3%	0%	0 REO’s 0 Short Sales
2013	3 Rocky Ridge	$750,000	$750,000	$615,000	$885,000	66.6%	0%	0 REO’s 0 Short Sales
2012	3 Rocky Ridge	$900,000	$770,000	$435,000	$975,000	100%	33.3%	1 REO’s 0 Short Sales
2011	3 Rocky Ridge	$825,000	$871,666	$780,000	$1,010,000	33.3%	0%	0 REO’s 0 Short Sales
2010	2 Rocky Ridge	$1,101,500	$1,101,500	$853,000	$1,350,000	50%	0%	0 REO’s 0 Short Sales
2009	1 Rocky Ridge	$1,110,000	$1,110,000	$1,110,000	$1,110,000	0%	0%	0 REO’s 0 Short Sales
2008	1 Rocky Ridge	$1,250,000	$1,250,000	$1,250,000	$1,250,000	0%	0%	0 REO’s 0 Short Sales
2007	2 Rocky Ridge	$1,218,750	$1,218,750	$1,087,500	$1,350,000	100%	0%	0 REO’s 0 Short Sales
2006	3 Rocky Ridge	$1,125,000	$1,125,000	$1,125,000	$1,125,000	33.3%	0%	0 REO’s 0 Short Sales
2005	2 Rocky Ridge	$909,750	$909,750	$867,500	$952,000	0%	0%	0 REO’s 0 Short Sales

*YTD period is 01/01/2016– 09/30/2016.
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.

The Rocky Ridge complex is in a great location. The paved bike/walking path is right across from the gated entrance to the complex, and it is a short distance to downtown Tahoe City, restaurants, shops, movie theater, and a 9-Hole Golf Course (summer) and cross country skiing/season ice skating rink (winter also at the golf course).

Rocky Ridge is also very close to Skylandia Park, the public beaches at the end of Bristlecone Road (one side of the beach is dog friendly), and the neighborhood Sugarpine Cakery (gourmet coffee, cookies, bars, and sandwiches) on Lake Forest Road.

The central location also is close to the near-by ski resorts of Alpine Meadows, Squaw Valley, Homewood Ski Resort, and just a little farther away is the Northstar Ski Resort.

If you’d like to buy a Rocky Ridge Condo, in Tahoe City 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 Rocky Ridge Condo Worth