Spring has Sprung in Lake Tahoe!

running on water photo by Eric Jarvis

With most of the most amazing winter behind us, we’re seeing snow banks recede and, in some places, bare earth. These first few months have been a challenge for showing real estate, needing a GPS to find driveways in most cases. Regarding the luxury market, the year has started well with two adjoining lakefront properties in Meeks Bay selling to one buyer for a total of about $29 million. Another property – “the castle” – listed for $23.9 million in Incline Village is also in escrow, evidently to a Russian buyer – unusual for us here at Tahoe. Ski areas have been challenged with road closures, avalanche hazards and wind holds, but the snow is great and most areas will be open until April 23 at least. Squaw Valley is holding out for July 4!

We’re expecting a banner year in real estate sales for Tahoe….the lake is predicted to be full by July…so access to piers is the best in at least 11 years. Lakefront inventory is very low, but there will be more selection as we move further into spring. This should be a beautiful year for visit and purchase in the Lake Tahoe region.

Photo by Scott Shots

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Filed under: Lake Tahoe Lifestyles

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