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South Lake Tahoe October Buzz '24

 

Hello October!

As October sweeps in with its crisp air and cozy vibes, it's our time to prepare our trailer for a winter break! With summer's last rays fading we are grateful for the glamping trips we made this summer. From Graeagle down to Pismo Beach & Morro Bay and baseball & soccer games in between. It was a wonderful summer that went by much too quickly. Is it really October? The temps feel like summer! However, the tell tale signs of Fall are our beautiful colors starting to pop! It is the perfect time to come visit Lake Tahoe and fall in love with your vacation/second home! Thinking of selling? Our Fall season brings us a new group of visitors who fall in love with our beautiful community!

 

There are some wonderful opportunities right now and with the lowering of interest rates & motivated Sellers & Buyers, give me a call! I would love to help you with your Lake Tahoe real estate goals!!

 

Real Estate in the News

What You Can Learn From Ultra-Wealthy Buyers Before Purchasing A Home

While each ultra-wealthy individual is unique, there are some general trends in their decision-making process as it relates to real estate transactions that every homebuyer can learn from...

 

 

Market Stats

Top 3 Market Highlights in Lake Tahoe & Reno

$780K

Average Sales Price Home for South Lake Tahoe, which is 20% higher than August 2023.

 

$650K

Average Sales Price Home for Reno, which is 3% higher than August 2023.

 

70

Average Days on Market in Reno, NV which is 9 days less than August 2023.

 

Read the Reports:

 

Local Happenings

october 4th - 6th

Lake Tahoe Documentary Film Festival

Set amidst the natural beauty of South Lake Tahoe, a captivating Multi-day Documentary Film Festival comes to life. We provide a welcoming space for filmmakers, industry professionals, and audiences to connect through screenings, discussions, workshops, and vibrant parties.

 

october 5th & 6th

Oktoberfest at Historic Camp Richardson Resort

An ode to the Munich festival and a favorite for visitors and locals, the festival runs 10:00 am to 5:00 pm. daily. Lederhosen are optional but encouraged. Entrance and parking are free. Well known for its family-friendly activities, beer and wine garden, and Oktoberfest-inspired menu options.

 

october 5th | 1:00 pm

3rd Annual Witch Paddle

We had over 400 people last year with at least 150 on boards and kayaks. Let’s make this year bigger and better! Bring your own board or more if you’d like to share. Please wear a witch costume even if it’s basic!

 

October 18th - 20th

Lake Tahoe Marathon

The Lake Tahoe Marathon is an annual race that takes place in the scenic surroundings of Lake Tahoe, offering breathtaking views of the lake and mountains.It not only attracts runners but also offers a great experience for spectators, who can watch and cheer for participants from designated spots along the scenic roads that follow the lake.

 

october 19th | 12 - 5 PM

Meyers Mountain Fall Festival

First inaugural Meyers Mountain Fall Festival at Tahoe Paradise Park. It is sure to be an unforgettable weekend filled with fun, food, and all the Fall festivities. Enjoy live music performances by Mescalito on Saturday and Broken Compass Bluegrass on Sunday, both from 2pm to 5pm.

 
 

Lifestyle Tips and Tricks

5 Things To Know About Buying A Home This Fall

The real estate game is finally shifting in buyers’ favor...

Homes Near Top-Rated Schools Cost Nearly 80%...

But homebuyers can still find bargins by giving up one thing...

 

Emerging Home Building Trends...

Builders are focusing on bold colors, outdoor features and creative uses of space.

 

10 Cosmetic Upgrades to Sell Your Home in Record Time

Caution: Project results may make your home so beautiful, you won't want to leave.

 
 

Featured Listings

Bijou 1 & 2

1071 Pine Grove Avenue

2 BD 2 BA 912 SF $439,000 - PENDING

Deja Vu? 1071 Pine Grove is back. It was a very popular property the first time it was on the mkt. Looking for an OPPORTUNITY? You found it. Walking distance to all the fun Tahoe has to offer. The main house is 912 s.f. of living space, per Building Fact Sheet, one bedroom, 1 bath, kitchen, living room/dining room combo and laundry/mud room area(no toilet present). Studio, 282 s.f. per Building Fact Sheet, has power, water and gas to the unit and a .75 bath(no vanity or toilet present). The studio was there when it was bought. Buyer to use due diligence in their investigations. Think of the many opportunities on this large, in town lot. Good bones but it has been neglected for years, with a heavy smoker in the studio(it will have to be gutted). It appears both units are on the same meter. The properties have been thoroughly cleaned, one toilet & one vanity removed. The Property Details from Tax Data, state 2 bedrooms/1 bath/1 unit. City Building Dept. has a Permit for the new roof in 2000 and a Permit for the new FANG in 2001. This is an AS IS sale, no modifications or improvements will be made.

Ready to achieve your next real estate goal?

 

Pamela Francis

 

DRE# 01171755

Sales Assoc.

M: 530.545.0590

[email protected]

 
Compass is a real estate broker licensed in the State of Nevada and the State of California operating under multiple entities. DRE License Numbers 01991628, 1527235, 1527365, 1356742, 1443761, 1997075, 1935359, 1961027, 1842987, 1869607, 1866771, 1527205, 1079009, 1272467. All material is intended for informational purposes only and is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description or measurements (including square footage). This is not intended to solicit property already listed. No financial or legal advice provided. Equal Housing Opportunity. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.
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