3rd Quarter Market Report | Lake Tahoe Condos
Buying a condominium at Lake Tahoe is the most affordable way to enjoy the unique lifestyle of mountain living. Currently, there are 9 condominiums for sale on the north shore, California side of the lake. Offerings range from a lakeview condo listed at $1,399,000 to one in the mid $300K price range in Tahoe Vista.
Incline Village offers high-end luxury condos for sale priced from $5.5 million down to the upper $700K price range.
3rd Quarter Market Report Lake Tahoe Condos
In the 3rd quarter of 2023, 17 condos sold on the north shore with the majority in the $500,000 to $699,000 range. Five of those sales were between $700,000 and $2 million. Three were over $2 million. The median sale price was $665,000 and sold on average of only 68 days on the market.
Two condos sold on the west shore between $3 million and $5 million. The median sale price was $4.1 million and sold after 25 days on market. A total of 88 condos sold in the 3rd quarter for the entire Truckee Tahoe region.
The Villas, Lake Tahoe
Beyond affordability, owning a condo can give you access to amenities not available to buyers of single family homes. The VILLAS offers residents an opportunity to enjoy resort-style amenities with a heated pool, sauna and volleyball, pickleball and tennis court on impeccably maintained grounds.
Located in between Skylandia Park and Bristlecone, the units offer easy access to the shores of Lake Tahoe. The units also include ample storage and designated boat parking. A short walk to Tahoe City, the 80+ units in this development also offer convenient access to the local ski resorts.
Built in the late 1970’s, the complex underwent renovation in 2014 with new siding, new roofs, deck support work, exteriors/finishes, and new windows. Nestled in the mountainside of highway 28, this condominium complex is situated on 10 acres. In August, one unit just sold at $733,000.
I currently have an exceptional unit for sale at only $619,000
Nestled amidst the serene beauty of the North Shore and just a stone's throw away from the vibrant town of Tahoe City and close to world-renowned ski resorts, this 2 bedroom Villas condo offers the ideal blend of comfort, convenience, and natural beauty. The living space creates a warm and inviting atmosphere with the open-concept layout that connects the living, dining, and kitchen areas, fostering a sense of togetherness.
The surrounding forested landscapes offer amazing hiking, biking, and backcountry trail systems that most dream about, and with the bike path right out your front door, you can pop into town for all that Tahoe City has to offer. Step onto the private balcony where you can savor your morning coffee while relishing the crisp mountain air. As evening falls, watch the magical sunsets from the nearby sandy beaches of Skylandia and dog friendly Bristlecone beach, all a short walk from your front door.
The homeowner's association offers a wonderful pool and sauna to relax, volleyball and tennis for a little friendly competition, and a clubhouse to gather in after a fun filled day. Location couldn't be more ideal - enjoy the luxury of being within easy reach of both Tahoe City's charming downtown scene and the North Shore's premier ski resorts. Whether you're an outdoor enthusiast seeking adventure on the slopes, a nature lover wanting to explore hiking trails, or someone who simply wants to indulge in lakeside dining and boutique shopping, this Villas condo provides the perfect starting point for every Tahoe adventure! Don't miss the opportunity to own a piece of Tahoe's coveted lifestyle. Whether you're looking for a year-round residence or a vacation getaway, this 2-bedroom villa condo combines the allure of its original condition with a location that is simply unparalleled. Experience the magic of Tahoe living!
Contact me today for more information about the available condominiums for sale at Lake Tahoe. I also represent the luxury market and can provide a no obligation home valuation on your property.