Lake Tahoe Lakefront Market Information
Lakefront Real Estate at Lake Tahoe
Lake Tahoe offers a diversity of lakefront residences that can be found surrounding the entire circumference of the lake. The North Shore boasts very charming and upgraded Old Tahoe style properties, while the West shore includes many older and more prestigious homes. Lakefront homes on the West Shore of Lake Tahoe are often built on large parcels, perfect for a family retreat.
Communities like Brockway Hot Springs and Tonopalo are newer developments on the North Shore of Lake Tahoe, with exquisite architectural styles. Properties can include piers or buoys and are regulated by TRPA so it is important to work with a waterfront specialist who understands all environmental impacts and regulations.
Carnelian Bay boasts very charming homes with easy access to the world famous Garwood's restaurant and is the home of the annual Concours d'Elegance wooden boat show. Farther up the West Shore, communities like Rubicon and Meeks Bay are the gateway to the best recreational parks at Lake Tahoe.
The demand for Lake Tahoe lakefront real estate far outweighs the supply and this market has enjoyed a steady increase in values. Prices for entry-level Tahoe Lakefront homes start at around $1.5M. Some of the more expensive homes sold at prices upwards of $50M. The median price for a home on the West Shore is $8.2M, while the North Shore median price is currently $4.3M. Both areas have enjoyed a 98% sold to list price percentage. 2017 and 2018 have both shown a tremendous growth in home values for lakefront properties at Lake Tahoe.
Whether you are interested in buying or selling a lakefront home at Lake Tahoe, I understand the nuances and regulations that come with the sale of waterfront property. There are many different neighborhoods and each offers something special. I am proud to be associated with Sotheby's International Real Estate. We dominate the lakefront market and have access to those buyers most likely to purchase lakefront homes. Our exposure in the luxury real estate market is unparalleled at Lake Tahoe.
If the lakefront market exceeds your budget, you will also find many neighborhoods that share a community pier, with buoys and boat access. This is the next best thing to lakefront living and knowing which neighborhoods and houses have this access is also my specialty.
I'd love to show you around the Lake Tahoe lakefront market. I work closely with you to understand your goals and needs and enjoy making your dream of owning a lakefront property a reality. Contact me today for more information or click here to search Lakefront homes for sale at Lake Tahoe.