Alpenglow in Meeks Bay and Rubicon Bay, California

Alpenglow in Meeks Bay and Rubicon Bay, California

Yesterday, I was down in Meeks Bay, California and I saw one of the most beautiful Alpenglow’s I’ve ever seen in the Rubicon Bay.

What is Alpenglow?  According to Wikipedia, and I’m paraphrasing here, Alpenglow is a phenomenon when a red (sunset like) glow can be seen on the opposite mountain range after the sun has gone down, or right before the sun rises.  There is no direct sun light. The light is behind the mountains, and it is reflected off the ice, snow, or water particles that are low in the atmosphere.  If that’s too technical of a description, just know it’s a glorious burst of color.Take a look at how beautiful Lake Tahoe was last night on Meeks Bay Avenue in Rubicon Bay, California.

If you’re in the market for a Tahoe lakefront home you can find more information here.

For a list of all West Shore, Lake Tahoe, California Lakefront Mountain Homes and Cabins, click here.

For a list of all North Shore, Lake Tahoe, California Lakefront Mountain Homes and Cabins, click here.

For all of your Tahoe real estate needs – Laura Allen, Broker Associate, REALTOR®, CRS, ABR®, RSPS, ePRO, Previews Property Specialist,DRE# 01473598,   530.414.1260, www.TahoeLauraLuxuryHomes.com     Laura@TahoeLaura.com, Coldwell Banker Residential Brokerage, Tahoe City, California

Holiday Tree Lighting Schedule for the Lake Tahoe – Truckee, California Area

Holiday Tree Lighting Schedule for the Lake Tahoe – Truckee, California Area

Holiday Lighting Events in Lake Tahoe and Truckee, California

The holidays are here, and to kick-off the season, the Lake Tahoe – Truckee California area will be lighting up holiday trees.  Here is a schedule of some of the local events that will be happening in the next few days:

Kings Beach, California –Friday, December 2, 2011 from 5 pm – 7 pm.The Kings Beach Community Tree Lighting Ceremony will be held on Friday, December 2, 2011 from 5 pm to 7 pm at the North Tahoe Event Center.The event will have Santa and Mrs. Claus, music, food, and beverages.Get a photo with Santa, or shop the baked goods and See’s Candy for sale.For more information call 530-546-9000.

Truckee, California – Friday, December 2, 2011 at 5:15 pm Truckee elementary school children will be decorating Christmas trees in downtown Truckee, California beginning at 4 pm from the Carmel Gallery to Burger Me.Santa will arrive at 4:30 pm and the tree lighting ceremony will occur at approximately 5:15 pm.Hot chocolate and cookies will be served, along with carolers.Have some fun from 5pm to 7 pm.For more information call 530-587-8808.

For all of your Tahoe real estate needs – Laura Allen, Broker Associate, REALTOR®, CRS, ABR®, RSPS, ePRO, Previews Property Specialist,DRE# 01473598,530.414.1260,www.TahoeLauraLuxuryHomes.comLaura@TahoeLaura.com, Coldwell Banker Residential Brokerage, Tahoe City, California.

Are you ready for the Tahoe Ski Season to begin?

Are you ready for the Tahoe Ski Season to begin?

Lake Tahoe - Truckee, California Real Estate for Sale

It’s that time of year, and the Tahoe Ski Season has arrived.While Mother Nature is being a little hit and miss with recent snow storms, the resorts are either open, or planning to open soon.

Here’s a list of local Tahoe area resorts with their projected opening dates.

Alpine Meadows, Alpine Meadows, CA – Opens December 10, 2011, www.SkiAlpine.com

Boreal Mountain Resort, Off Interstate 80, CA – Already Open,www.RideBoreal.com

Diamond Peak, Incline Village, NV – Opens December 15, 2011, www.DiamondPeak.com

Donner Ski Ranch, Donner Summit, Off Highway 40, Soda Springs, CA – Opening Date Not Set, www.DonnerSkiRanch.com

Granlibakken, Tahoe City, CA – Opens December 16, 2011,www.Granlibakken.com

Heavenly, South Lake Tahoe, CA – Already Open, www.SkiHeavenly.com

Homewood Mountain Resort, Homewood, CA – Opens December 17, 2011, www.SkiHomewood.com

Kirkwood, Off Highway 88, CA – Open, www.Kirkwood.com

Mt Rose Ski Tahoe, Highway 431, between Incline and Reno, NV, Opening Date not set, www.SkiRose.com

Northstar-At-Tahoe, Off Highway 267, Truckee, CA – Open, www.NorthstarCalifornia.com

Sierra-At-Tahoe, Highway 50, CA – Opening Date Not Set, www.SierraAtTahoe.com

Soda Springs, Soda Springs, CA – Opening Date not Set, www.SkiSodaSprings.com

Squaw Valley USA, Olympic Valley, CA – Open, www.Squaw.com

Sugar Bowl, Soda Springs, CA – Open, www.SugarBowl.com

Tahoe Donner Downhill, Tahoe Donner, Truckee, CA – Opens December 8, 2011, www.TahoeDonner.com

All opening dates are subject to weather conditions permitting. For more specific resort information, check out their websites.  Now’s the time to plan a trip to Lake Tahoe, and have some winter fun.Come up and play in my back yard – Lake Tahoe / Truckee, California!

For all of your Tahoe real estate needs – Laura Allen, Broker Associate, REALTOR®, CRS, ABR®, RSPS, ePRO, Previews Property Specialist,DRE# 01473598,   530.414.1260, www.TahoeLauraLuxuryHomes.com      Laura@TahoeLaura.com, Coldwell Banker Residential Brokerage, Tahoe City, California

Congratulations to the Resort at Squaw Creek, Lake Tahoe, California for making the Condé Nast Traveler Top 50 Ski Hotels List

Congratulations to the Resort at Squaw Creek, Lake Tahoe, California for making the Condé Nast Traveler Top 50 Ski Hotels List

Congratulations to the Resort at Squaw Creek, Lake Tahoe (Olympic Valley / Squaw Valley) California for making the Condé Nast Traveler, 16th Annual Best Places to Ski & Stay in North American Readers Poll – Top 50 Ski Hotels.

In the December 2011 issue of Condé Nast Traveler, the Resort at Squaw Creek, Lake Tahoe, (Olympic Valley / Squaw Valley), California has made the Top 50 Ski Hotels list.The Resort at Squaw Creek is a winter and summer resort, and is well known for its ski-in, ski-out facilities, championship golf course, spa, restaurants, bars, and shops.Located at the south east end of Squaw Valley, the home of the 1960 Winter Olympics, the area is well known for its great skiing and amenities.

Ask me about the Resort at Squaw Creek and I’ll tell you it’s a great place to stay and enjoy all that Lake Tahoe and the Squaw Valley area have to offer, so it’s wonderful for others to say the same too – Congratulations to the Resort at Squaw Creek!

Need more information about staying at the Resort at Squaw Creek – Click Here.

This is the view of the Resort at Squaw Creek from across the valley.You’ll get an idea of how big the resort really is take a look.

Want to own your own unit at the Resort at Squaw Creek?

Click Here.

Thinking about buying your own Squaw Valley Mountain home, or ski cabin?

 Click Here.

Want to search all Squaw Valley Condominiums for sale?

Click Here.

For all of your Tahoe real estate needs – Laura Allen, Broker Associate, REALTOR®, CRS, ABR®, RSPS, ePRO, Previews Property Specialist,DRE# 01473598,530.414.1260, www.TahoeLauraLuxuryHomes.com Laura@TahoeLaura.com, Coldwell Banker Residential Brokerage, Tahoe City, California.

Agate Bay, Carnelian Bay, North Shore, Lake Tahoe, California Real Estate Market Report – November 2011

Agate Bay, Carnelian Bay, North Shore, Lake Tahoe, California Real Estate Market Report – November 2011

The Agate Bay neighborhood of Carnelian Bay, California is located approximately 6 miles east of Tahoe City in the heart of the North Shore of Lake Tahoe. Agate Bay, Carnelian Bay, North Shore, Lake Tahoe, Real Estate Market Report Homes and Cabins for Sale

The Agate Bay area is a nice, developed, North Shore neighborhood that is between the commercial core of Carnelian Bay and Tahoe Vista.  Centrally located, this North Shore neighborhood is close to Kings Beach and Tahoe City.  Its location makes it easy to get to Northstar, Alpine Meadows, Squaw Valley, or Homewood Ski resorts.  It is close to all of the Lake Tahoe recreational activities such as boating, hiking, biking, tennis, golf, miniature golf, skiing, shopping, and restaurants.

The Agate Bay neighborhood is a mix of some smaller, older, Tahoe cabins, along with larger, newer luxury mountain homes.  There are a limited number of lakefront properties in this neighborhood, but they to get classified as “Carnelian Bay”, rather than Agate Bay, so they will all be included in the Carnelian Bay market report.

The Agate Bay community is very popular with second home owners.  It has nice wide streets, and is easy to get to on a year-around basis making it a popular vacation rental location for summer and winter rentals.Agate Bay, Agate Pier and Swim Club, Carnelian Bay, North Shore, Lake Tahoe, Real Estate Market Report Homes and Cabins for Sale

Some of the owners in the Agate Bay neighborhood are members in the local home owners group Agate Pier and Swim Club that is very desirable with its own swimming pool, tennis courts, gated beach area, pier, and buoy rental option.  The Agate Club membership is currently limited, and property owners that belong often get a market premium for their property, as this club membership is limited by geography and membership is typically gained by buying a property that is already an existing member and transferring the membership from one property owner to the next.

Sold Single Family Homes in the

Agate Bay neighborhood of Carnelian Bay, North Shore, Lake Tahoe, California:

In the Agate Bay area, mountain home and cabin prices are down, -9% this year, with the average median sales price at $350,000.

Cash sale transactions for the Agate Bay area declined to only 8%, which is well below the Tahoe-Truckee region of 34%.  This means that buyers are finding conventional financing easier to get.

The number of homes going into escrow with in the first 30 days of being listed in the Tahoe Sierra Multiple Listing Service (TSMLS) doubled to 38% for 2011.  This means mountain homes and cabins that were priced right, sold quickly.

Distress sales (bank foreclosures- real estate owned (REO’s) and short sales) accounted for 46%, or almost half of all Agate Bay sales in 2010, which is a rise of 15% over 2010.  The increase in distress sales is the single largest contributing factor to the continued decline in price.

There were 13 Active – available homes for sale in the Agate Bay, Carnelian Bay, North Shore, Lake Tahoe, California area as of 11/01/2011.  Agate Bay lakefronts, mountain homes and cabins ranged in price from $175,000 to $10.5 million.  Of the 13 homes offered for sale 5 homes were lakefronts and 8 were non-lakefront properties; none were REO listings, but 3 are short sale listings.  There are no pending sales in the Agate Bay, Carnelian Bay, North Shore, Lake Tahoe area as of 11/01/2011.

Search Agate Bay mountain homes and cabins for sale. Click here.

Search Carnelian Bay mountain homes and cabins for sale. Click here.

Search all of the North Shore mountain homes and cabins for sale? Click here.

Agate Bay, Carnelian Bay, North Shore, Lake Tahoe, California, Real Estate Summary

Sold Single Family Homes

Year

Homes

Sold

Median Average Sales Price

Lowest

Price Sold

Highest

Price Sold

%

Cash

Transactions

Homes

into escrow with

in 30 days of being

listed in TSMLS

%Distressed

Sales

Breakdown

of distressed

Sales

2011*

13

$350,000

$205,000

$800,000

0 Lakefront

8%

38%

46%

4 REO’s

2 Short Sales

2010

13

$384,000

$265,000

$2,850,000

1 Lakefront

36%

15%

Almost

1 out of every 6.5

31%

3 REO’s

1 Short Sale

*YTD period is 01/01/2011 – 11/01/2011.  Data Source:Tahoe Sierra Multiple Listing Service.

Use caution when only a handful of sales are available in a neighborhood.  Numbers are easily moved in either direction depending on the combination of homes sold.  When reviewing neighborhood data, I recommend reviewing the overall Lake Tahoe, California area, or the entire Lake Tahoe – Truckee Region to confirm market trends and direction, rather than relying on just the neighborhood sales.

If you’d like more Lake Tahoe – Truckee, California real estate information, read Tahoe Laura’s Luxury Homes most recent real estate newsletter.  If you’d like a copy emailed to you, just write to Laura@TahoeLaura.com and type in the subject line “newsletter”.

For all of your Tahoe real estate needs – Laura Allen, Broker Associate, REALTOR®, CRS, ABR®, RSPS, ePRO, Previews Property Specialist,DRE# 01473598,   530.414.1260, www.TahoeLauraLuxuryHomes.com     Laura@TahoeLaura.com, Coldwell Banker Residential Brokerage, Tahoe City, California.

Note:Year-to-date summaries are based on information from the Tahoe Sierra Board of Realtors (TSMLS).   Due to TSMLS reporting methods and allowable reporting policy, this data is only informational and may not be completely accurate.   Therefore, Laura Allen, or Coldwell Banker Residential Brokerage does not guarantee the data’s accuracy.   Data maintained by the TMLS’s may not reflect all real estate activity in the market.   All information is deemed to be reliable, but is subject to change and/or correction without prior notice.Data Source – Tahoe Sierra Multiple Listing Service (TSMLS).If your property is currently listed for sale, or you have an active Buyer Representation Agreement, this is not intended as a solicitation.

Squaw Valley, California makes the Condé Nast Traveler Top 20 Ski Resorts List

Squaw Valley, California makes the Condé Nast Traveler Top 20 Ski Resorts List

Congratulations to Squaw Valley for making the Condé Nast Traveler, 16th Annual Best Places to Ski & Stay in North American Readers Poll – Top 20 Ski Resorts.

In the December 2011 issue of Condé Nast Traveler, Squaw Valley, California was the only California ski resort area to make the Top 20 Ski Resorts list.  Squaw Valley, the home of the 1960 Winter Olympics is well known for its great skiing and amenities.  Ask any Lake Tahoe – Truckee, California local and we’ll all tell you how fabulous Squaw Valley USA ski resort area is for winter sports, but it’s always nice to have others say the same thing too – Congratulations Squaw Valley!

Opening day is November 23, 2011. Need more information about skiing at Squaw Valley –   Click Here.

Take a quick peak at the Squaw Valley area and the Squaw Valley Village Resort area here.

Thinking about buying your own Squaw Valley, California Mountain home, or ski cabin?    Click Here.

Want to know what Squaw Valley Condominiums are for sale?   Click Here.

For all of your Tahoe real estate needs – Laura Allen, Broker Associate, REALTOR®, CRS, ABR®, RSPS, ePRO, Previews Property Specialist,DRE# 01473598,  530.414.1260, www.TahoeLauraLuxuryHomes.com   Laura@TahoeLaura.com, Coldwell Banker Residential Brokerage, Tahoe City, California.

Tahoe Pines, Homewood, West Shore, Lake Tahoe, California Real Estate Market Report – November 2011

Tahoe Pines, Homewood, West Shore, Lake Tahoe, California Real Estate Market Report – November 2011

The Tahoe Pines neighborhood of Homewood, California is located approximately 5 miles south of Tahoe City on the West Shore of Lake Tahoe.

Tahoe Pines, Homewood, California - West Shore, Lake Tahoe California

The Tahoe Pines area is one of the older neighborhoods in Lake Tahoe and was established in 1911.  It is a small, West Shore neighborhood, that is just a couple of miles north of the Homewood Ski Resort.This West Shore neighborhood is close to Lake Tahoe recreational activities such as boating, hiking, biking (dirt and paved trails), tennis, golf, skiing, shopping, and restaurants.  It is also home to Fleur du Lac, a small, exclusive, gated group of townhomes, which is where the movie The Godfather II was filmed back in the early 1970’s. 
The Tahoe Pines neighborhood is a mix of smaller, older, Tahoe cabins, to larger, newer luxury mountain homes, with a limited number of lakefront properties.  Home owners do have the option to join a local home owners group that has access to a gated shared pier, located at the end of Grand Avenue.  This second home neighborhood has more of a mountain – forest feel to it, and when it snows, home owners really know that they are living near a ski resort area.

Sold Single Family Homes in the Tahoe Pines neighborhood West Shore, Lake Tahoe, California:

In the Tahoe Pines area, mountain home and cabin prices are up significantly this year, with the average median sales price at $655,000.  While home prices are up, sales for 2011 have been slower, but could come close to 2010 sales levels if all pending sales close by the end of the year.

Cash sale transactions for the Tahoe Pines area has doubled to 50%, indicating buyers are still finding good real estate values in the Homewood area, and willing to place their investment dollars here.

The number of homes going into escrow with in the first 30 days of being listed in the Tahoe Sierra Multiple Listing Service (TSMLS) has also increased to 1 out of every 2 Tahoe Pines homes sold.  Sending a message to buyers, if it’s a deal and you’re interested, you need to write your offer up now.

Distress sales (bank foreclosures- real estate owned (REO’s) and short sales) accounted for 25%, which is a significant improvement over 2010, where 62.5% of all homes and cabins sold were REO sales in this neighborhood.

There were 6 Active – available homes for sale in just the Tahoe Pines, Homewood, West Shore, Lake Tahoe, California area as of 11/08/2011.  They ranged in price from $340,000 to $6.495 million.Of the 6 homes offered for sale there are no REO, or short sale listings.  There are 3 pending sales in the Tahoe Pines, Homewood area as of 11/08/2011, ranging in price from $325,000 to $1,395,000.

Want to know what Tahoe Pines, lakefronts, mountain homes, and cabins are for sale?  Click here.

Tahoe Pines, West Shore, Lake Tahoe, California, Real Estate Summary for Sold Single Family Homes:

Year

Homes

Sold

Median Average Sales Price

Lowest

Price Sold

Highest

Price Sold

% Cash

Transactions

Homes

into escrow with in 30 days of being

listed in TSMLS

%Distressed

Sales

Breakdown

of distressed

Sales

2011*

4

$655,000

$450,000

$899,000

0 Lakefronts*

50%

50%

More than

1 out of 2

25%

1 REO’s

0 Short Sales

2010

8

$377,450

$260,000

$5,450,000

1 Lakefronts

25%

25%

1 out of 4

62.5%

5 REO’s

0 Short Sale

*YTD period is 01/01/2011 – 11/08/2011.  Data Source:Tahoe Sierra Multiple Listing Service.   One lakefront in Tahoe Pines did sell this year, but was not reported in the MLS, so it is not included in this data.

Remember when we have only a handful of sales in a neighborhood, the increase and decrease swings in the percent changes can be significant.  Numbers are easily moved in either direction depending on the combination of homes sold.  When reviewing neighborhood data, I recommend reviewing the overall Lake Tahoe, California area, or the entire Lake Tahoe – Truckee Region to confirm trends and direction, rather than relying on just a small group of sales.

If you’d like more Lake Tahoe – Truckee, California real estate information, read Tahoe Laura’s Luxury Homes most recent real estate newsletter.  If you’d like a copy emailed to you, just write to Laura@TahoeLaura.com and type in the subject line “newsletter”.

For all of your Tahoe real estate needs – Laura Allen, Broker Associate, REALTOR®, CRS, ABR®, RSPS, ePRO, Previews Property Specialist,DRE# 01473598, 530.414.1260, www.TahoeLauraLuxuryHomes.com     Laura@TahoeLaura.com, Coldwell Banker Residential Brokerage, Tahoe City, California.

Note:Year-to-date summaries are based on information from the Tahoe Sierra Board of Realtors (TSMLS).   Due to TSMLS reporting methods and allowable reporting policy, this data is only informational and may not be completely accurate.  Therefore, Laura Allen, or Coldwell Banker Residential Brokerage does not guarantee the data’s accuracy.  Data maintained by the TMLS’s may not reflect all real estate activity in the market. All information is deemed to be reliable, but is subject to change and/or correction without prior notice.Data Source – Tahoe Sierra Multiple Listing Service (TSMLS).  If your property is currently listed for sale, or you have an active Buyer Representation Agreement, this is not intended as a solicitation.