New Listings | Lake Tahoe Luxury Real Estate
The luxury market report for real estate activity in Lake Tahoe continues to break records. In March, we had a West Shore lakefront sell for $31,000,000, bringing the monthly sales volume to $258,000,000. March is normally a slower month, but sales activity continues to outpace new inventory.
More than 40% of March sales were on properties listed over $1,000,000 and while lakefront homes were slow to rally, this part of the market has quickly caught up. Four homes sold at prices above $10,000,000.
When comparing the first quarter 2020 sales to the first quarter of 2021, we saw a 230% increase. Home values continue to rise as demand for quality of life has brought many Bay Area buyers to Lake Tahoe.
As we move into the second quarter of 2021, buyers are often making offers above asking price. I ensure that my buyers are prepared to move quickly, and often know of inventory before it comes onto the market.
Below are a few choice listings that have recently come on the market. Hurry! These listings will not last.
8833 Rubicon Drive, Rubicon Bay
This private lakefront estate sits just above a 100' white sand beach, overlooking the turquoise waters of Lake Tahoe’s Rubicon Bay. Two parcels are available totaling 1.42 Acres and includes a large 7 bedroom and 6 bath main house. Two additional guest houses are on the property, offering 6000 sf, and 9 bedrooms & 8 bathrooms. Meandering paths connect the 3 living structures as well as various patios, decks, and lawns. A 105' steel piling private pier with a boat house, lift, sundeck and 2 buoys provide for easy boating! Price:$14,950,000
25 Bristlecone Street, Tahoe City
This adorable Bristlecone Estate is an extraordinary property, situated on 1.32 acres and steps away from the beach. Filled with Old Tahoe charm, this property boasts sprawling landscaped lawns, a built-in BBQ, extensive decks, bocce courts, and horseshoe pits. This gated home is a lakeside playground that is ready to entertain. With well-designed features and a towering stone fireplace, enjoy the expansive, high ceiling, and knotty pine living room. This home is an extensive remodel, with additions and upgrades. Asking $9,850,000
300 West Lake Boulevard #7, Tahoe City
This rare Tahoe Tavern 2 bed and 2 bath lakefront retreat is truly something special. As a highly desirable and corner unit, this property offers ample natural light and colorful views of the lake. You also have access to a pier, and buoy field. This updated unit features slab granite kitchen counters, high end appliances, large river rock fireplace, 2 composite decks and oversized master suite with soaking tub and heated floors. Highlights of the Tahoe Tavern HOA include a lakeside pool, tennis, beach, pier, and convenient access to Tahoe City. Asking $2,795,000
970 SnowShoe Road, Tahoe City
Bask in the sunshine, as you enjoy views of Lake Tahoe and the surrounding mountains. Completely re-built in 2009, this immaculate home offers space for friends and family to gather. Great floorplan and builder attention to detail with a manicured landscape facing the lake. This property is minutes from Tahoe City and blocks away from the back-country. Just up the hill from gated Tahoe Park Beach HOA area with over 3 acres of lakefront enjoyment and buoys for your boat. Turn-key with rental history! Asking $2,680,000
As a lakefront luxury specialist, I have had the pleasure of representing many of Lake Tahoe’s most iconic properties. If you are considering listing your lakefront property for sale, contact me today for a free property analysis.
Listings are selling very quickly and it is important to work with an agent who is aware of new properties coming onto the market. Let me help you achieve your dream of owning a luxury home at Lake Tahoe! Contact me today for information on Lake Tahoe’s best luxury homes.