Top Ten Home Deals

September 24, 2008

Top ten deals have been updated once again!

Click on our Top Ten Deals link to see further information on any of the properties listed below

There are quite a few affordable entry level homes and potential smaller second homes that have come on the market as bank owned in the past week. Our focus is again on those bank owned homes and short sale deals but those are where the deals are at primarily these days and so we like to draw attention to those! Of course, if you have more specific needs in different price ranges we can set up an automatic update with the price range that meets your criteria, so all new listings and price reductions are automatically sent to you.
Thanks for watching,
Michelle & Colleen

Top Ten Deals:

Bank Owned Smaller Homes (under 1200 sq feet):

3159 Pioneer Trail, South Lake Tahoe, CA 96150
While on Pioneer Trail it is close to Stateline and while it needs some updating the price is right and could make a good vacation rental with its proximity to stateline! Reduced to $284,900

3511 Pinecrest Ave, South Lake Tahoe, CA 96150
Probably my favorite new bank owned listing for price, location and potential! $246,900

2012 Piute St, South Lake Tahoe, CA 96150
Great county property on the larger size and just needs a little TLC but in a nice Meyers location. $287,900

3829 Brian Ln, South Lake Tahoe, CA 96150
Near Heavenly ski resort and has the potential for that Tahoe cabin feel with the knotty pine interior, etc. $279,900

Condo Deals Including Kirkwood Ski Resort Bank Owned!

1200 Kirkwood Meadows Dr #212, Kirkwood, CA 95646
We typically don’t focus on condos as there are few good deals recently on condos, but if you are looking for a potential rental income property and at the base of Kirkwood Ski resort this is a good deal! Great building and out the doors you are right there next to the chairlifts! Bank owned. Reduced to $294,900

489 Tahoe Keys Blvd #53, South Lake Tahoe, CA 96150
This studio keys condo with a boat dock in the marina has been nicely remodeled and owners are offering it at a great price. WIth the amount of work he put into the remodel (practically gutted the place), this place is now a bargain and could be a good vacation rental! Reduced to $269,000

Other Good Deals:

1612 Choctaw St, South Lake Tahoe, CA 96150
While needing some TLC and finishes on remodel work this home is stated as having 6 bedrooms and 4 baths! Bank owned and located in a good location in Meyers on a street with not a lot of traffic and backing to privacy. Reduced to $428,355

567 Wintoon Dr, South Lake Tahoe, CA 96150
Rancher in a N. Upper Truckee location with 3 bedrooms, 2 baths and not a short sale or bank owned! Reduced $40k to $309,000

1787 N Upper Truckee Rd, South Lake Tahoe, CA 96150
While located on N Upper Truckee, this short sale is good value for the lot size and square footage. $352,500

3705 Montreal Rd, South Lake Tahoe, CA 96150
Reduced again another $30K! This 2000+ sq ft home close to stateline just needs interior remodel finished off! Reduced to $279,000

**These listings are offered through our MLS system by multiple real estate offices, including our own. If agents do not release their listing to be on IDX share you may not see a picture of this property on Top Ten List. But it doesn’t mean it’s not available! Drop us a line and we’ll send your way.**

1823 Nez Perce Dr, South Lake Tahoe, CA

September 23, 2008

front-nez-perce.jpg

Property Details
SOLD 7/7/09 $360,000
Backing conservancy this newer home is in a great location! Fall asleep in your hammock in the backyard while appreciating the quiet, the filtered mountain views and privacy in your backyard. The home features a very open floorplan with lofty ceilings, rake windows that provide great sunlight and a large garage with ample parking space. Must see to appreciate! Carpet needs replacement and upstairs bathroom needs repair but just needs a little TLC to make this home turn key! PRICE REDUCED AGAIN!

  • Asking Price: $399,900
  •  Bedrooms
  • 2.5 Bathrooms
  • 1716 Square Feet

Additional Photos

Fannie Mae & Freddie Mac & Potential Effects to CA Real Estate

September 9, 2008

A lot of speculation is circulating in regards to the effects of the bailout of Fannie Mae & Freddie Mac. How does this effect the real estate market? Does it indicate more trouble down the road for the housing industry? Is it going to make things smoother for homebuyers?

The below articles provide some good insight on what is occurring and some interesting predictions on the housing market in the future.

Check out these links for some expert advice on what is occurring and why you should be watching it closely if you are a potential homebuyer or home seller:

International Edition of the New York Times voicing their opinion that the housing slump will continue

California Association of Realtors video on why it matters to you

Wall Street Journal article that summed it up best, in my opinion

705 Beckwith Street, Loyalton CA

September 4, 2008

[singlepic=119,900,,,]
Property Details
Sold $110,000 12/16/08
Located on a large corner lot with an oversized detached garage and situated on the edge of town, this home just needs a little TLC and a creative mind to put the finishing touches on. Currently set up as a three bedroom, but tax records only state one bedroom, so additional square footage might be present but not permitted. Bring the hammer and nails and make this home your dream Loyalton property.

  • Asking Price: $119,000
  • 3 Bedrooms
  • 1 Bathrooms
  • 1408 Square Feet

Additional Photos

Al Tahoe Neighborhood Profile

September 4, 2008

This centrally located neighborhood of South Lake Tahoe is one of the oldest. Mostly older cabins and homes are interspersed with some newer homes in this highly sought after area. Al Tahoe is adjacent to Regan Beach and a meadow. It is located close enough to Heavenly and Stateline to make it an easy walk if you desire but it also has the forest and beach feel even though it is in the center of town.

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