Market Report

Click on the image above for the full market report on the 1st quarter!

Home sales were down around Lake Tahoe in the first quarter of 2017, with overall sales volume dipping 7 percent. The drop was mainly affected by a 13 percent decrease in the sale of homes priced under $1 million and was influenced by the severe winter the Lake Tahoe area experienced. The median home price remained steady with a 2 percent increase to $529,000.

The figures are part of a quarterly report released by Tahoe-based real estate agency Chase International. The numbers compare all MLS home sales from Jan. 1 through March 31 to the same time frame in 2016.

Homes sold for more than $1 million was down 5 percent and overall units sold was down 6 percent. Incline Village saw the biggest decreases with a 52 percent fall in volume and 24 percent decline in units sold. Homes sold for more than $1 million was down 23 percent. The median price of a home in Incline Village fell 8 percent to $870,000.

Lawrence Yun, chief economist for the National Association of Realtors, noted that February was the warmest in decades, which played a role in kick starting prospective buyer’ house hunting. The same could not be said for the Tahoe area where the region experienced near-record snowfall.

“I’m sure the series of heavy storms had an affect on people’s ability to do any serious house searching,” said Susan Lowe, corporate vice president for Chase International. “In the long run though, our winter with abundant snow will be a big positive for the region.”

Tahoe City saw a 28 percent jump in volume sold, primarily from a 14 percent rise in the median home price ($611,000). The South Shore experienced a 67 percent increase in homes sold for more than a million and the median home price was up 4 percent to $412,000. The East Shore also saw an uptick in homes sold for more than $1 million (25 percent) while homes selling for less than a million dropped 31 percent. The median price of a home on the East Shore rose 26 percent to $965,000.

Lake Tahoe’s numbers are essentially in line with regional trends. NAR reported that existing home sales in the West decreased 3.1 percent in February. The median price of home was up 9.6 percent from February 2016.

The sale of condos around the lake fared much better with significant increases in volume sold. Units sold for more than $500,000 was up 80 percent and the median price jumped 17 percent to $375,000.

Sales were down across the board in Truckee, with record-breaking snowfall and severe winter storms hampering buyers’ searches. Volume and units sold were both down, 29 and 18 percent, respectively, while median home price rose 7 percent to $709,000.

Grays Crossing, Truckee California ~ Tahoe Mountain Club

This 750-acre property, within the Martis Valley, offering beautiful scenery and feeling of being in a remote location but only minutes from downtown Truckee. A neighborhood with wide meandering streets, mature trees and an expansive blue sky. Primary residence or second home living is welcomed here.

HOME_slideshow1 Photo by Tahoe Mountain Club

At Gray’s Crossing, it’s more than a community. It is commitment. Grays Crossing is committed to being an influence on preservation and appreciation of the land. Centuries ago, Native American legendary pioneer Joseph Gray, also the founder of Truckee, came to the area in 1863. Today, legendary people come to Truckee everyday! Creating memories for generations to come.

Photo by Tahoe Mountain Club

A true four season destination area. Grays crossing offers activities for all. A Peter Jacobsen and Jim Hardy championship golf course, a grand fitness facility with swimming pools, spa and steam room. A plethora of paved hiking and biking trails. Nearby, Prosser Reservoir offers fishing, boating (non-motor) and swimming.

With no property ownership requirements or monthly minimums, the Tahoe Mountain Club gives you access to all of the Club’s private amenities, programs and 500+ Member events. Additionally, Members receive preferred access and rates at both Old Greenwood and Gray’s Crossing Golf Courses.

Schaffers-main-dining Photo by Tahoe Mountain Club

Tahoe Mountain Club is family friendly! They offer an upgrade option that is designed for Members to provide unaccompanied access to Club facilities for their extended family (grandparents, parents, children and grandchildren).


This upgrade option is designed for Members to provide unaccompanied access to Club facilities for their extended family (grandparents, parents, children and grandchildren).

Get unlimited access to Old Greenwood and Gray’s Crossing with this Membership upgrade.


Get unlimited access to Old Greenwood and Gray’s Crossing with this Membership upgrade. The upgrade can be used for single, couple or family access.

Complete with pool and fitness center, this upgrade allows Members unlimited access to the facility located at Gray’s Crossing.


Complete with pool and fitness center, this upgrade allows Members unlimited access to the facility located at Gray’s Crossing.

A Tahoe Mountain Club membership will grant you access to four restaurants in the area. The Bearfoot Bar and Grill, Schaffer’s Camp, PJ’s Bar and Grill, Alpine Club and The Terrace.


You can own here too! For the Contemporary Aficionado. A calm, airy space with a mix of traditional details, reclaimed wood, plush furniture and statement lighting. Thoughtfully designed home, with an open concept kitchen-dining-living room, laundry room, a master suite and second master accompanied by access to a quaint veranda with hot tub on the main level and two additional bedrooms plus a family room upstairs. Outdoor patio with fire pit, wooded views and a peak of the green golf course. A refuge to entertain and relax. 11081 Henness Rd is offered for $1,550,000 and sold Fully Furnished!





Squaw Valley Alpine Meadows is proud to host the Audi FIS World Cup on March 9 – 12, 2017.

This marks the return of World Cup ski racing to California for the first time in 19 years.

by Squaw Valley | Alpine Meadows
Athlete: Anna Goodman

Audi FIS World Cup at Squaw Valley Alpine Meadows

Squaw Valley Alpine Meadows is proud to host the Audi FIS World Cup on March 9 – 12, 2017. This marks the return of World Cup ski racing to California for the first time in 19 years. Events held will consist of a Women’s Giant Slalom on Friday, March 10 and Women’s Slalom on Saturday, March 11. Olympic champions like Squaw Valley’s own Julia Mancuso and Mikaela Shiffrin will compete on the legendary Red Dog run, which also played host to the 1969 World Cup and 1960 Winter Olympics.

VIP tickets are still available. Free standing room viewing will be available near finish arena as well as skier spectator viewing on looker’s left of Red Dog Face. Live stream viewing will also be available at dining locations in The Village at Squaw Valley including KT Base Bar Sun Deck and [email protected]

Check the website for a full list of events, free concerts and other celebrations!

If you are going to be in the Tahoe/Truckee area this weekend, let me know!

Lake Tahoe Music Festival
“Sunset Serenades”
AUGUST 16-21, 2016
Read the rest of this entry

Join us next week…

Tahoe Maritime Museum



FridaySunday, November 27-29, 2015
Hours 10:00 AM – 4:30 PM


Visit us over the holiday weekend at our new Tahoe City location, 401 West Lake Blvd., to celebrate the opening of our winter exhibition:

Where the Anchor Lands


Many people and objects never stray too far from the place of their origins, while others embark on a series of journeys before they finally reach the place they were meant to be and ultimately call home. This was certainly true of Tahoe Maritime Museum and its collection, which have had a long and interesting journey before “dropping anchor” in Tahoe City! It was this journey that inspired this special exhibition of boats and objects that traveled from near and far to find their place on the Lake. Tahoe Maritime Museum welcomes you to this elegant testimony that, ultimately, 

“home is where the anchor lands.”




TAHOE: A Visual History, will be the first comprehensive exhibition and book to survey artworks related to Lake Tahoe, Pyramid Lake, Donner Lake, and the nearby Sierra region. This exhibition is organized by the Nevada Museum of Art and will be on view in many of the Museum’s galleries.

The exhibition will be accompanied by a 500-page book, designed by legendary San Francisco designer Kit Hinrichs, co-founder of Pentagram. The book will be published by Skira Rizzoli (the largest art book publisher in the world), and internationally distributed by Random House (the largest book distributor in the world).This large format, deluxe publication will serve as the definitive survey of art of the Lake Tahoe region. The book will feature a rich, fabric-covered sleeve and full-color, full-page reproductions.

The exhibition and book will include hundreds of Washoe Native American baskets and historical paintings by artists like Albert Bierstadt and Thomas Hill, photographs by Ansel Adams and Carleton Watkins, never-realized architectural cabin designs by Frank Lloyd Wright, and perhaps most significantly, newly-commissioned artworks by contemporary artist and architect, Maya Lin, who is perhaps most well-known for designing the Vietnam Veterans Memorial in Washington, D. C. and is now known for her landscape-based sculptures. The exhibition will travel to the Oakland Museum of California in early 2016..


Around Tahoe Truckee Channel 104

Shop Local! Truckee Tahoe Area, CA.


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This was a presentation presented by EDAWN (Economic Development Authority of Western Nevada) at the Manufacturing in Nevada Trade Show regarding the Tesla Impact.


Photo by

One of Lake Tahoe’s most iconic estates, the Thunderbird Lodge, starts summer off early this week, kicking off public tours ahead of the Memorial Day weekend.

The Thunderbird Lodge was built in the 1930s by George Whittell Jr. and represents some of the best craftsmanship in stone, iron and wood of the era.

“Two of the most stunning pieces of Lake Tahoe’s history are Thunderbird Lodge and Thunderbird Yacht,” according to the Thunderbird’s website. “The eccentric San Francisco real estate magnate, George Whittell, Jr., built the magnificent Tudor Revival summer estate between 1936 and 1939 and commissioned the Yacht in 1939. Located on Nevada’s eastern shore of Lake Tahoe, the historic site consists of a main lodge surrounded by three cottages, a card house, a boathouse, an elephant house, a lighthouse, three garages, and a gatehouse all nestled in a high desert pine forest.”

New to the National Historic Site this year are recently restored waterfalls. The half-acre man-made falls were originally built in the late 1930s and restored with help of the Thunderbird Lodge Preservation Society, said Barbi Mooberry, marketing and administrative manager at the lodge.

“Originally, Marlette Creek water was diverted through the property, cascaded into the water feature, then into moats surrounding the house, filled pools in what is now the lakeside lawn, and tumbled through a series of weirs into Lake Tahoe,” according to the Thunderbird Lodge Preservation Society’s winter newsletter. “In addition to the visual effect, this flow supplied irrigation for the ground, domestic drinking water, and electricity via a penstock to a turbine plant generating hydroelectric power.”

In addition to exploring the grounds of the Thunderbird Lodge and viewing the Thunderbird Yacht during tours, guests will also hear a little bit about Whittell Jr., Mooberry said. The stories about Whittell are as varied as they are colorful.

“Numerous legends surround Whittell’s activities at his Lake Tahoe estate, including colorful parties and high-stakes gambling in the card house,” according to the site. “The eccentric Whittell collected a veritable zoo of wild animals that made guest appearances at the Thunderbird Lodge each summer. Whittell’s interest in new technology such as automobiles and airplanes catered to his desire for high speed and risk taking.”

Thunderbird tours:

Public tours by land are offered May 20 through Oct. 18. The tours are $39 for adults and $19 for children ages 6-12. Tours start from the Incline Village Visitor Center at 969 Tahoe Blvd. For more information visit

Friday Wine & Cheese Tours are also available for $100 per person. The tours take place at 2:30 p.m. every Friday in July and August.

A variety of options are also available to reach the Thunderbird by water.

From South Shore: 888-867-6394 or

• One tour per day, Tuesday through Saturday, June through October

• 10:30 a.m. departure from Zephyr Cove at South Shore

From North Shore: 775-831-4386 or

• One tour per day; Thursday, Friday and Saturday; June through October

• 9 a.m. departure from Hyatt Regency Lake Tahoe Resort, Spa and Casino in Incline Village

Kayak tours: 530-913-9212 or 866-830-6125 or

• Tuesday paddle tours from Sand Harbor.

Adam Jensen
[email protected]

Tahoe Real Estate Market
Continuing to Show Appreciation
Tahoe Market Home Sale Prices are Up

ZEPHYR COVE, Nev. (April 14, 2014) –The Lake Tahoe real estate market experienced notable increases in both average and median home prices during the first quarter of 2014, which is good news for sellers.  For Tahoe as a whole, which combines the East Shore, South Shore, Tahoe City and Incline Village/Crystal Bay markets, the volume of sales was down nine percent.  Yet the median home price in Tahoe increased 12 percent and the average price climbed 11 percent to $876,611.  The entire region has had record lows in inventory contributing to the decrease in units sold and volume sold.  The one sector at Tahoe where the volume of sales increased, was at the ski resort communities of Northstar, Squaw Valley and Alpine Meadows, by 39 percent.

The most impressive numbers to come out of the region recently were in Tahoe City where sales volume jumped 48 percent over last year at this time, with $53,884,250 in volume sales recorded in 2014’s first quarter.  Tahoe City’s average price increased a whopping 113 percent to $1,314,250, and the median price climbed 51%, from $417,000 last year to $630,000 during this year’s first quarter.

Incline Village showed an increase in average price of 23 percent, to $1,703,476.  The number of units sold in South Shore over $1 million jumped by 100 percent.  And the average price in South Shore increased by 20 percent, to $436,884. The East Shore market was down, due to several large sales that transpired in 2013 and a continued lack of inventory.

These figures are part of a quarterly report released by Lake Tahoe-based real estate company Chase International.

“There continues to be an uptick of interest and sales in the market’s upper end offerings,” said Sue Lowe, corporate vice president for Chase International. “And in the under $1 million market, prices are continuing to climb.”

Lawrence Yun, chief economist for the National Association of Realtors notes that NAR’s forecast for home sales is to be lower by five percent in the first half of this year versus the same period a year ago.  However, Yun predicts that sales are projected to be two to three percent higher in the second half of the year, and home prices, because of a nationwide inventory shortage, will keep marching higher.

The Truckee market posted some impressive gains with a sharp jump in median price of homes sold—up 29 percent to $635,000 and an average home price increase of 24 percent, to $858,304.  However, Truckee sales volume over this time last year was down six percent.

Headquartered in Lake Tahoe, Nevada since 1986, with ten offices in the region (Zephyr Cove, Glenbrook, Incline Village, Tahoe City, Squaw Valley, Graeagle, Truckee, South Lake Tahoe, Carson Valley and Reno) and one in London, England, Chase International and its exclusive affiliations handle a large share of the country’s property. With 260 professional Realtors® boasting an array of industry certifications and the highest volume per sales agent in the area, Chase International successfully represents homes at all price levels.  For more information about Chase International, visit

Alpenglow Mountain Festival in Tahoe

Alpenglow Mountain Festival in Tahoe

By Christina Nellemann














You know you wanna be here, but take that avalanche safety class first before heading into the snowy hills. Photo by Alpenglow Sports

Finally, the next forecast is predicting about a foot more snow in the Tahoe area. Hallelujah! It looks like those snow dances and prayers worked. This might be your best time to get up into the mountains for some Sochi-inspired extreme winter sports. If you’re already an experienced skier or snowboarder, you know what to do, but what if you’re new to mountain snow sports?

Alpenglow Sports in Tahoe City will be holding a two-week winter sport festival February 14 – March 2 which will feature clinics, classes, natural history lessons and backcountry ski and snowshoe tours at various locations around North Lake Tahoe including Squaw Valley, Page Meadows, Ward Canyon, Emerald Bay and Homewood.

Each event is geared toward aspiring beginner and intermediate winter sport enthusiasts who want to get more exercise in the high mountains.

Alpenglow has teamed up with Nature’s Bakery to offer most of the events for free, but participants are encouraged to register online in advance to ensure they get a spot in their desired clinic or tour.

You can also register for some great giveaways. The events will include guided snowshoe, backcountry and nordic ski tours, cross country skills and wax clinics, AIARE certified field and classroom avalanche safety clinics, and full moon skiing.

Other events will include the Great Ski Race at Tahoe Cross Country, the Wine, Women and Wax clinic, presentations by Mammut athlete Todd Offenbacher and Alpenglow Sports experts on backcountry skiing and avalanche conditions, and a natural history tour with Will Richardson of the Tahoe Institute for Natural Science.

Read more at http://www.7×

Reno-Tahoe Tourism At Five-Year High

PHOTO: Tourism in the Reno-Tahoe area is at a five-year high. Photo credit: Douglas County, Nevada.

PHOTO: Tourism in the Reno-Tahoe area is at a five-year high. Photo credit: Douglas County, Nevada.

January 28, 2014

RENO, Nev. – American travelers again seem willing to spend the money to take a business trip or vacation in Northern Nevada.

Chris Baum, president and CEO of the Reno-Sparks Convention and Visitors Authority, says last year was the best tourism year in the region since 2008.

He points out a nearly 10 percent room rate increase generated an additional $25 million in taxable room revenue.

And, he says, more tourism should mean more jobs created.

“When your hotel is running two-thirds full you’re able to keep most of your employees on board and keep them busy and occupied,” he says. “So we’re talking about thousands and thousands of jobs.”

Baum maintains more tourism money also helps restaurants, retail and other businesses in the area.

He says his agency does a lot of marketing and advertising to try to boost tourism, but he says it also seems that many Americans are ready to have some fun after years of recession.

“We also find there’s a lot of pent-up demand in the United States from people who haven’t taken a vacation for a couple of years,” he explains. “Even if they get away for a three-day weekend, that’s still a lot more than they were doing three or four years ago.”

Baum says a lot of people visit Northern Nevada to enjoy Lake Tahoe and the outdoor lifestyle of the area.

He stresses tourists come from all over the U.S., but Northern California remains the top market for Reno-Tahoe tourism.

Troy Wilde, Public News Service – NV

– See more at:



Readers voted for a condo on Lake Tahoe as their favorite home from the 2013 weekly features; waterfront homes in Greenwich, Conn., and Florida were also favorites in the online contest.

You could say that Zari Mansouri’s Lake Tahoe home has views to die for.

“The colors from the west shore are just so spectacular,” she says about the vistas from her roughly 4,100-square-foot Lake Tahoe condo—the same golden hues in Fredo Corleone’s fatal scene in “The Godfather: Part II.”

That scene, in which Fredo, played by the late John Cazale, takes a one-way fishing trip after betraying the family, was filmed in what is now known as Fleur du Lac Estates, a 22-unit condominium development on the western shores of Lake Tahoe, near Homewood, Calif. Originally built in the 1930s by industrialist Henry Kaiser, who was instrumental in the creation of the Hoover Dam, the 15-acre compound was converted in the early 1980s into this gated luxury development.

“I thought, my God, that is so fascinating,” she recalls, but it wasn’t the Corleones that brought her to Lake Tahoe—it was the skiing. As the president and chief executive of Laboratory Skin Care, a business-to-business biotech company in the San Francisco Bay Area, she spent her free time traveling to nearby Squaw Valley Ski Resort, until she finally decided to make Lake Tahoe her primary home. She bought the condo for $4.575 million in 2006, according to public records.

The property also won over readers: Ms. Mansouri’s home received the most votes, 88,957, out of the 897,478 votes cast in the 2013 U.S. House of the Year contest. Ms. Mansouri’s home is on the market for $6.499 million; the other homes in the poll were also on the market at one point during 2013.

For years, Lake Tahoe has attracted affluent buyers from the tech and financial-services industries, including billionaire Larry Ellison, CEO of technology company Oracle Corp. ORCL -2.73% In March, Mr. Ellison listed his 2.6-acre compound on the eastern shore for $28.5 million, according to Jennie Fairchild of Chase International Real Estate. He is building another compound on the north shore’s Incline Village.

“They like the quiet and peaceful serenity” of the western shore.

In 2013, the median sale price of a waterfront home was $4.7 million on the north and west shores of Lake Tahoe, up 20.6% from the previous year.

Despite its prime location, inside the four-bedroom, 4½ bathroom home left something to be desired, says Ms. Mansouri. Before her renovations, a corridor of mirrored walls made the space feel outdated.

“You went into the entry and… you felt like you were mice looking for cheese in a maze,” joked architect Rob Rogers of RWR Art-Architecture in Truckee, Calif., who was part of the team that completed the three-year, $3.5 million renovation project.

For Mr. Rogers, the solution was simple: “What we need to do is blow a hole through the fireplace,” he remembers telling a less-than-enthused Ms. Mansouri. Drastic, perhaps, but efficient, he argued—the hole would create a double-sided fireplace.

“Everybody told us we couldn’t do it,” he says, in part because of the engineering and air-filtration systems required. Today, the roughly 6-foot, 8-inch fireplace (big enough to stand in, they note) is a focal point.

“We certainly weren’t going for typical Tahoe,” says interior designer Justine Ringlien, who incorporated contemporary décor to match the unusual wood finishes, like Sapele mahogany from Africa that was used for flooring. The home features 13 distinct sound zones and wiring for a professional DJ booth. They tore down interior walls and added glass panels on the lakeside for what Mr. Rogers calls the “explosion view,” because of its breadth.

“I’ve had friends who visit who just want to take pictures in that same spot,” she says, referring to a view from the compound that overlooks the scene of the fictional mob hit. In the busy season, tour boats stop near the waters by the private compound for a peek at the development’s “Godfather” history.

Upstairs, Ms. Mansouri kept the focus on the lake, with a master-bedroom suite that includes an all-glass shower. The shower faces the bedroom; a dry sauna is hidden behind a door with a two-way mirror.

“It looked super X-rated,” to have a glass shower in the middle of the bedroom, Mr. Rogers joked, but that wasn’t the intention. (“I wanted a spa bedroom,” Ms. Mansouri says.) The glass shower was designed to extend the views, so that the lake is visible from the vanity mirror.

Her reasons for moving to Fleur du Lac go beyond water views. As a single woman, she says it helped to have maintenance and upkeep handled by the condo development. There is 24-hour security and a concierge-like service that handles requests, such as reserving the original Kaiser family boathouse and yacht club for parties.

Ms. Mansouri says she is one of the few year-round residents of the community, allowing her to enjoy the perks of condo living with the privacy of a single-family home.

Ms. Mansouri says she is selling because she is spending more time near her office in the Bay Area. The home was listed in May 2013 for $6.99 million. Condo fees are $3,900 a month.

$120K to upgrade Tahoe crosswalks with pedestrian flashers

$120K to upgrade Tahoe crosswalks with pedestrian flashers


INCLINE VILLAGE, Nev. — By next summer, the Raley’s and Christmas Tree Village crosswalks will have pedestrian-activated flashing lights.

The Nevada Department of Transportation will install four state-of-the-art signs, two apiece at the crosswalks on both sides of Highway 28, said department spokesman Scott Magruder.

The rectangular beacons are fairly new to Nevada, he said, and only a few have been erected, including on Kietzke Lane in Reno.

“They’re really effective … when a pedestrian hits the button, you can tell,” Magruder said Wednesday. “It’s almost like a strobe light, they really grab your attention.”

The project is estimated to cost $120,000, coming from state and federal funds. The price also covers construction of an overhead street light at each crosswalk, Magruder said.

As for the flashers, they’ll be powered by an underground electric source, as opposed to solar energy, Magruder said.

Design will take place later this year, and after permits are obtained from Washoe County and the Tahoe Regional Planning Agency, a contract will be awarded.

While work could happen this building season, the project is scheduled to be completed by summer 2015.

“This is good news from a safety standpoint,” Magruder said.

The news comes more than two years after Incline residents Robert C. Mathis and Linda Mathis died when they were hit by a vehicle near the unlit crosswalk in front of Raley’s, east of Village Boulevard.

According to previous reports, on June 2012, after a road safety audit, NDOT recommended safety improvements to the crosswalk and the one by Christmas Tree, west of Village. Plans also are to move that crosswalk slightly so it’s closer to a nearby Tahoe Area Regional Transit bus stop.

The department secured the timetable and funding this week, Magruder said. Staff was working Wednesday on a letter of notice to regional agencies, including the Incline Village General Improvement District.

Once the project is complete, the town’s three main crosswalks on 28 will have pedestrian-controlled flashers.

Erected in 2003, the light at the Northwood/Southwood intersection near the Skate Park — which is a less-modern version than what’s coming next summer — cost roughly $113,000, with 25 percent donated by the Incline community.

SQUAW VALLEY INSTITUTE – Renee Koijane says…Squaw Valley Institute is pleased to present a FREE Tahoe premier of Discovery Channel’s “Frozen Planet.”  From the makers of “Planet Earth,” this film is four years in the making and beautifully showcases the top and bottom of our amazing planet.  This hour-long  premier will be held Saturday, March 17th, at the Resort at Squaw Creek at 7:00 p.m.  All ages of the family are welcome.  And, in honor of St. Patrick’s Day, Guinness beer will be poured on tap.  All beer sales benefit the Squaw Valley Institute.  Clif Bar free product samples will be handed out, as will “Frozen Planet” beanies!  Visit for more details.