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South Lake Tahoe MLS Listing-1399 Bozeman Drive

1399 Bozeman Drive

Offered at $329,000!

Hardwood laminate floors throughout
Single story 3/2/2
BMP Certificate!
Newer kitchen cabinets
Great location near Heavenly Valley

This clean 1152 square foot single story home is one of the lease expensive 3 bedroom, 2 bath, 2 car garage homes in South Lake Tahoe! Centrally located in Pioneer Village, this would make a great vacation or primary residence. This house is ready to be moved into, or you could add your creative touches and upgrade this home to be your perfect Tahoe getaway!

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South Lake Tahoe MLS

South Lake Tahoe MLS Listing-2323 Utah Ave.

2323 Utah Ave.

Offered at $699,000

More Pictures and Information

Hickory Hardwood Floors
Stainless Steel Appliances
Granite Slab Counter tops
Custom Knotty Alder Woodwork Throughout
Two Fireplaces
Fire Sprinklers
Much More!

The attention to detail is noticed the second you walk through the front door of this two year new home! This 3 bedroom, 2.5 bath, 2 car garage 2300 square foot home has a large office that may be used as a fourth bedroom. The bright and open floor plan is great for entertaining, and would make a great vacation home. Centrally located in Tahoe Island Park, this home is close to the Lake, Skiing, and all that Lake Tahoe has to offer!

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South Lake Tahoe Real Estate Review for October

October has historically been a busy month for Real Estate in South Lake Tahoe. Even with the troubled financial and lending markets, this October was a solid one.

According to the South Lake Tahoe MLS, October home sales were up 60% from September. There were 45 closed single family homes in October compared to 27 in September.

The Statistics for the October single family home sales are as follows:

October Minimum sales price $207,000 September minimum $215,000
October Average sales price $530,848 September average $475,336
October Median sales price $475,000 September median $435,000
October Maximum sales price $2,150,000 September maximum $998,000

Out of the 45 sold homes in October 9 were bank owned foreclosures. Foreclosures in South Lake Tahoe are getting a lot of attention. Buyers are looking for good deals, and the foreclosures are priced to sell. There were multiple offers on many of the foreclosures that sold, and two of them sold for well over the asking price. 2188 Pinewood listing price was $435,000 and sold for $502,000. 3549 Morton listing price was $435,000 and sold for $503,000!

October single family pending sales slipped a bit from 51 in September to 32 in October bringing the pending sales total to 59 according to the MLS. Out of the 32 new pendings, 8 are bank owned foreclosures and 6 are short sales.

Activity on Condos in South Lake Tahoe was about the same in October as it was in September with 4 sold condos and 4 new pendings.

Land activity is still on the quiet side with 4 sold lots and 3 new pendings.

With election day this Tuesday, and the stock market quieting down (at least for now!) it will be interesting to see what happens with Real Estate Activity in the next couple of months! Keep visiting my Blog to stay up to date!

Lot For Sale in South Lake Tahoe, 1830 Grizzly Mountain

1830 Grizzly Mountain Drive

$179,000

Outstanding county location with conservancy lots on 3 sides! This lot includes plans for a 3,000 square foot custom home. Great sun exposure will keep your driveway clear of ice in the winter! This would make the perfect lot to build your dream home in South Lake Tahoe!

10,080 Square feet
2,822 Square feet of coverage
Conservancy lots on 3 sides
Plans and survey included
Owner will carry!

Jill Johnson | Chase International South Tahoe Realty | 530-416-2626

1830 Grizzly Mountain, South Lake Tahoe, CA

Great Mountain Views!

10,080 sqft Vacant Land

offered at $179,000

Lot Size

10,080 sqft

DESCRIPTION

Plenty of sun and great mountain views come with this large vacant lot. There are conservancy lots to the right, behind, and to the back, giving this parcel a very open setting. Plans and permits are included for a 2700 square foot four bedroom, three bath, two car garage home.

see additional photos below

LOCATION FEATURES

Beautiful Sunny Location!

OTHER SPECIAL FEATURES

Plans and Permits Included

ADDITIONAL PHOTOS

Seller contact info:

Jill Johnson

Chase International South Tahoe Realty

530-416-2626

For sale by agent/broker

Equal Opportunity Housing

Posted: Feb 3, 2009, 12:53pm PST

This lot listing is provided by Brent and Jill Johnson. For more information about this lot, or other lots for sale in South Lake Tahoe, lots or houses on the South Lake Tahoe MLS, or South Lake Tahoe Real Estate, please contact Brent and Jill Johnson today!

South Lake Tahoe Foreclosure Listings

According to the California Association of Realtors, Foreclosures decreased statewide by 12.4% and notices of default decreased 61.8% in September, which some attribute to the state law that went into effect last month requiring lenders to work with borrowers who are struggling with mortgage payments.

South Lake Tahoe has seen very few foreclosures compared to the rest of California, and with the new state law, there will be even fewer in the future.

Here are the most recent foreclosure listings in South Lake Tahoe. For the complete South Lake Tahoe MLS listing information just click on the address.

1035 Herbert Ave.

Listing Price $279,000

1394 sq. foot 4 Bedroom, 2 Bathroom, 1 Car Garage

Located near Heavenly Valley and the Lake

1210 Huph St.

Listing Price $528,000

2244 sq. foot 4 Bedroom, 2.5 Bath, 2 Car Garage

Located off of Pioneer Trail

1200 Stocton St.

Listing Price $237,500

1160 sq. foot 3 bedroom, 1 Bathroom

Located in the convenient Sierra Tract

973 Tata Ln.

Listing Price $240,000

1200 sq. foot 2 Bedroom, 1.5 Bathroom

Located in the convenient Y area

I have had such a great response with my foreclosure blogs that I will continue posting new South Lake Tahoe foreclosures as they come on the market!

South Lake Tahoe Real Estate Pending Sales are Up!

According to the National Association of Realtors, pending home sales activity surged as buyers took advantage of low prices and affordable interest rates.

The Pending Home Sales Index, a forward-looking indicator based on contracts signed in August, jumped 7.4% to 93.4 from 87. in July, and 8.8% higher than August 2007 when it was 85.5. The index is at its highest level since June 2007 when it was 101.4.

The Pending Home Sales Index was stronger in the west, and surged 18.4%, and is 37.8% higher than a year ago. California, Nevada, and Arizona saw buyers taking advantage of lower home prices and interest rates leading the west to the highest percentage PHSI gain.

According to the NAR, Existing-home sales are projected to rise next year. Existing home sales are projected at 5.04 million this year and 5.41 million in 2009. Prices are projected to increase 2 to 3 percent next year.

The 30-year fixed rate mortgage will probably average around 6.1 percent in the forth quarter and rise gradually to 6.6% by the end of 2009.

Freddie Mac reports a drop in the 30-year mortgage rate to 5.91% during the week ended Oct. 9th, marking the first decrease in three weeks.

For those South Lake Tahoe Real Estate bargain hunters, now may be the time to buy. Prices are expected to increase, sales are expected to increase, and mortgage rates are also expected to increase. This means that there will be less selection of houses to choose from, and more buyer competition.

The challenge will be finding qualified buyers who will be able to obtain loans in this tough lending environment!