Mid-year Lake Tahoe, Truckee, and the Ski Resort statistics are now available from Alison Elder, Elder Group Tahoe Real Estate, proudly affiliated with Chase International. Learn more about where the market is “today” – it’s a great time to capture a special piece of our beautiful area. Access year to date statistics below, provided by Alison Elder. Questions? Contact Alison.
Have you heard the buzz about Northstar California™ Resort? Are you looking for a vacation home at a family-friendly mountain with endless activities for the little ones and adults alike? Then look no further for fantastic real estate opportunities, as I am intimately familiar with all that Northstar offers.
Constellation Residences at Northstar is truly Lake Tahoe’s only ski-in/ski-out mid-mountain residences. Located mid-mountain Constellation Residences at Northstar is a boutique collection of only 17 two-, three- and four-bedroom fully furnished mountain residences, offering exceptional amenities and services.
Connected via a sky bridge to The Ritz-Carlton, Lake Tahoe, owners can enjoy Manzanita — the Ritz-Carlton signature restaurant, a 17,000 square foot spa and fitness center, Ritz ski valet, Ritz kids programs, mountain-side heated swimming pool, fire pit, and hot tubs, and, access to the Village at Northstar via a direct-access gondola.
Also new to the mountain is Northstar Mountainside Residences, providing an array of real estate options. It includes Home Run: 16 luxury town homes that connect directly to on-mountain ski runs, and The Glades: an intimate division of 25 custom homesites located above the Village at Northstar, and near The Ritz-Carlton, Lake Tahoe. The homesites range from .89 to 1.42 acres and will include advanced ski infrastructure: specially designed ski ways, bridges and tunnels allowing direct access from the slopes to each home.
Northstar-at-Tahoe, built in 1972 on what was originally called “Timber Farm,” is a year-round destination resort attracting hundreds of thousands of ski/snowboard and mountain biking buffs each year. It is home to the largest snowmaking system on the north shore of Lake Tahoe, the largest mountain bike park in Northern California and in 2011 became ‘home mountain’ to two-time Olympic gold medalist, Shaun White.
Northstar offers almost every kind of real estate option, from golf course estate homes to mid-mountain ski-in/ski-out condominiums; from town homes set right in the heart of the Village at Northstar, to luxury mountain homes sprawling slope side. In late 2010 Vail Resorts® acquired Northstar-at-Tahoe and by the summer of 2011 $30 million in capital improvements were implemented for the winter season. This included a 17,000 square foot on-mountain lodge, the addition of Promised Land Express Lift, and other snow making and grooming expansion.
The growth at Northstar, from the family-friendly village shopping and dining options to terrain expansion, makes this the prime mountain for your next vacation home. With the variety of real estate choices, it is hard pressed to find a residence that would not fit your mountain-going needs. Whether you desire a full-service ski/in-ski/out experience or the comfort of your own slope side mountain home, Northstar abounds with real estate options.
Let’s chat soon, and tour the new developments!
For further information about Northstar real estate, contact Alison Elder at 530.582.8103 or email Tahoe@AlisonElder.com.
What a fabulous start to 2012! Let’s look back on the Lake Tahoe market results from 2011.
Lake Tahoe area prices continued to soften in 2011. Recognizing the very specific and different communities around the lake, price adjustments varied significantly.
North Lake Tahoe, specifically Tahoe City, pricing softened significantly with an average price decline of 11% and median price decline of 16%. Overall sales volume was 21% less in 2011 as compared to 2010. However, the Tahoe City area market experienced a 7% increase in homes sold that were under $1MM (a whopping 223!) and a 26% decline in units sold over $1MM (31 homes). Click here to see 2011 statistics for Lake Tahoe real estate sales.
Amazingly low interest rates, along with a wide and wonderful property inventory, makes it a great time to purchase real estate in the Lake Tahoe area. Please feel free to reach out anytime and let’s have a conversation!
Contact Alison Elder at 530.582.8103 or email Tahoe@AlisonElder.com for more information on Lake Tahoe real estate.
Lake Tahoe and Truckee real estate home buyers have been busy and the market soft for home buyers! See the latest real estate and home sale prices and statistics here Lake Tahoe and Truckee Statistics.
North Lake Tahoe, West Shore, Tahoe City and Truckee home sales have all posted slightly higher unit sales for the first half of 2011 as compared to 2010. The Lake Tahoe area is up 2% and Truckee 4% over 2010 unit counts.
Prices softened in Truckee (Truckee Statistics) by 13% on average with sales adjusting by -14% from $614,786 to $534,313. Fewer homes sold over the million dollar range – 18 units, representing a 33% decrease in luxury sales.
In combined areas of the West and North Shores plus Tahoe City, the average price fell 15% from $804,135 to $681,634 (LINK HERE FOR LAKE ONE). However, $1MM+ home sales at the Lake increased 7% by unit count with 92 sales recorded as compared to 86 units in 2010.
For more information and specific neighborhood information, contact Alison Elder, Elder Group Tahoe Real Estate at 530-582-8103 or Tahoe@AlisonElder.com
Spring is “almost” in full bloom here in Truckee-Tahoe after a glorious winter! While real estate inventory is still tight, Elder Group expects a solid amount of new inventory coming to market over the next six weeks. I wanted to share with you a beautiful new luxury listing – Stony Creek Lodge – in Sugar Pine Estates in Truckee. Custom designed by MWA, Inc. and built by Cotton Construction, the Lodge is truly one of the nicest luxury properties with acreage in Truckee. Nestled above Alder Creek, this 8.53 acre estate offers 5,006 square feet of luxury, five en-suite bedrooms, two powder rooms, two offices, wine room, butler’s pantry and an open great room and bistro kitchen that will simply knock your socks off! Down the sweeping driveway is a multi-purpose Barn and paddock – truly plenty of room to store your pet’s necessities, seasonal “toys” and of course, a tack room. Enjoy a virtual tour of this home at www.StonyCreekLodge.com and please feel free to contact me to schedule a private showing of this mountain beauty. Welcome home to Stony Creek Lodge – you’ve arrived.