I recently sold a commercial property in Kings Beach that included tenants like Jason’s Beachside Grill and Adrift Tahoe. The property sold for $2.65 million. Many investors have begun entering Lake Tahoe’s hot market, and we are seeing the commercial market heat up. The Tahoe Biltmore and Beesley’s Cottages were just purchased by a California […]
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The lakefront market in North Lake Tahoe and Incline Village, Nevada continues to show strong sales activity. Year over year, the number of homes sold is the same, but the transactional dollar volume has doubled. Buyers will find that the current real estate market is just as competitive as it has been for the last […]
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The Lake Tahoe neighborhood of Tahoe Vista is located in between Kings Beach and Tahoe City. Tahoe Vista is unique in that the area has been able to retain the charm of days gone by. Along the shores of Lake Tahoe, many of the rustic hotels and cabins have been remodeled, but have held to […]
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Third Quarter lakefront sales activity on the North and West shores of Lake Tahoe demonstrated a 72% sales volume increase. However, the year over year number of units sold remained flat. This reflects the enormous rise in median prices for lakefront homes, which rose from $4.4 million in 2020 to $7.8 million in 2021. Additionally, […]
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The real estate market report for Lake Tahoe and Truckee shows that the 3rd quarter of 2021 is following a trend of decreasing sales volume. Demand is the same, but available inventory has diminished. The median prices in all areas grew 35% and now show figures over $1 million. This presents an excellent opportunity for […]
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