What is your Lake Forest Glen Condo Worth | 2016

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

The Lake Forest Glen Condo development is located on the North Shore – Tahoe City, CA area and is a mountain-side condominium development on the lake-side of Hwy 28. The Lake Forest Glen development is located at 3101 Lake Forest Road, Tahoe City, CA 96145.

Check out current Lake Forest Glen Condos for Sale Here:

The Lake Forest Glen Condo development is located approximately 2.5 miles east of the “Y” (stop light) in downtown Tahoe City on the North Shore of Lake Tahoe.

The Lake Forest Glen Condo complex was built in the early 1970’s and 1980’s is often referred to as just the “Lake Forest” condos. It is one of the largest condo developments on either the North Shore, or West Shore of Lake Tahoe. It is a mountain sized condominium development with approximately +/- 234 units.

If you’re looking for a condo development that is located on the lake-side of the highway, and is a short distance to public beaches then you’ll want to take a look at the Lake Forest Glen complex.

The Lake Forest Glen is a well-run development and has renovated both pools, painted unit exteriors, replaced windows and put on new roofs in the complex in the past ten (10) years without any special owner assessments.

There are two (2) bedroom, three (3) bedroom, and four (4) bedroom floor plans in the complex. All of the units are multiple levels, but you’ll find the living room and kitchen area located on the lower, ground level of the unit.

Most of the units have a forest setting but there are some units that do have some open space, meadow views.

The approximate square footage is as follows

2 Bedroom Units between +/- 990 square feet
3 Bedroom Units between +/- 1,408 square feet
4 Bedroom Units between +/- 1,408 square feet

The mountain-side development has two (2) seasonal swimming pools, a year-around in-ground spa, and three tennis courts just to name a few of the owner amenities Lake Forest Condo owners enjoy.

The Lake Forest Glen Condo Buyers will find that at any one given time, the selection of condos for sale in Lake Forest Glen may be limited. While the Lake Forest Glen condo development is one of the largest developments in the area, buyers 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 Lake Forest Glen condo development has been very low, with less than a 5% 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 in a complex you’ll have several options including The Villas, Dollar Hill II, Dollar Hill I, and Rocky Ridge (hybrid mountain-side and lakefront amenity access).

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.

Lake Tahoe Condo Buyers will have eight (8) different lakefront condo developments (not including Rocky Ridge) to consider.

Expanding your Tahoe City Condo search to all North Shore Tahoe City 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 the entire 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 Lake Forest Glen 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 Lake Forest Glen Condo unit.

Currently there are two (2) condos for sale in Lake Forest Glen complex. They range in price from $389,000 and $409,000 respectively as of 10-13-2016.
There are two (2) pending condo sales in Lake Forest Glen. The listed prices are $399,000 and $419,000 respectively.
There have been eight (8) condo sales in Lake Forest Glen complex in 2016, with a sold median average price of $325,500.
- $282,000 and $300,000 for the two, 2 bedroom sales
- $320,00 to $359,000 for the five, 3 bedroom sales
- $355,000 for the one, 4 bedroom sale

Lake Forest Glen 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*	8 Lake Forest Glen	$325,500	$327,750	$282,000	$369,000	25%	0%	0 REO’s 0 Short Sales
2015	10 Lake Forest Glen	$324,500	$318,200	$240,000	$415,000	10%	0%	0 REO’s 0 Short Sales
2014	10 Lake Forest Glen	$252,500	$268,160	$230,000	$354,500	50%	20%	0 REO’s 2 Short Sales
2013	12 Lake Forest Glen	$277,000	$275,072	$240,000	$315,001	16.7%	16.7%	1 REO’s 1 Short Sales
2012	3 Lake Forest Glen	$190,000	$192,142	$210,000	$290,000	33.3%	33.3%	0 REO’s 1 Short Sales
2011	9 Lake Forest Glen	$262,000	$245,500	$170,000	$305,000	44%	22%	1 REO’s 1 Short Sales
2010	8 Lake Forest Glen	$277,500	$272,500	$225,000	$310,000	62.5%	37.5%	3 REO’s 0 Short Sales
2009	7 Lake Forest Glen	$315,000	$322,928	$250,000	$385,000	28.5%	0%	0 REO’s 0 Short Sales
2008	1 Lake Forest Glen	$475,000	$475,000	$475,000	$475,000	100%	0%	0 REO’s 0 Short Sales
2007	5 Lake Forest Glen	$460,000	$471,800	$399,000	$565,000	0%	0%	0 REO’s 0 Short Sales
2006	9 Lake Forest Glen	$445,000	$448,000	$392,000	$515,000	11%	0%	0 REO’s 0 Short Sales
2005	8 Lake Forest Glen	$507,500	$491,625	$393,000	$540,000	12.5%	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 Lake Forest Glen complex is in a great location. The paved bike/walking path is close to the development, 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).

The Lake Forest Glen condo development is also very close to Skylandia Park, and the public beaches at the end of Bristlecone Road (one side of the beach is dog friendly) as Bristlecone Road dead-ends into the development.

Owners are also just a short walk, bike ride, or seriously short car ride to the Sugarpine Cakery (gourmet coffee, cookies, bars, and sandwiches), also located 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 the Northstar Ski Resort.

If you’d like to buy a Lake Forest Glen 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 Lake Forest Glen Condo Worth?