Tahoe Backlash Against Short-Term Rentals

The Town of Truckee has joined the list of regions around Lake Tahoe to put the brakes on Short Term Rentals (STRs), with a moratorium on new applications for STR permits that runs through June 15, 2022.

Amid complaints that short-term rentals are eroding the peace and character of Tahoe/Truckee's neighborhoods and depleting the supply of affordable workforce housing, the Town of Truckee joins Placer County and several other regions in an effort to slow the growth of STRs (rentals of 30 days or less).

No new Placer County rental permits till April 2022

The Placer County moratorium was approved during the summer of 2021, and extended by an August 31 Board of Supervisors decision till April 1, 2022.  It effectively halts new applications for…

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What's a Pier on Lake Tahoe Worth?

A pier can add significantly to the value of a Tahoe Lakefront home, and that’s a number that’s likely to rise in the coming decade, as the odds of getting one become more and more slim. 

After decades of legal and regulatory wrangling, a new rule took effect in 2019 limiting the number of piers that can be built at the Lake. This summer, in 2025 for example, only 1 lucky lakefront owner will win the right to construct their own private pier. (Read More ...)

Scarcity Drives Value

Judging from past demand, we will likely see dozens of lakefront owners walk away disappointed this summer. (In 2019, 83 lakefront owners applied for the right to build a private pier, and only 5 were granted.) The scales will tip in the coming years to…

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Lake Tahoe Real Estate: A Millionaire's Playground?

Lake Tahoe real estate is suddenly becoming a commodity available mostly to those who can afford to spend more than $1 million. Luxury sales tripled at the Lake in the first six months of this year, and the median sales price climbed to an unprecedented $1M, a 44 percent jump from the year before.

But most surprising is that for the first time ever, many areas of Lake Tahoe and Truckee saw more homes selling for over $1 million, than under. Last year at this time, for example, luxury sales represented just one-third of the overall sales at the Lake. And this year so far, homes priced over $1 million outpaced more affordable properties.

From January to June this year, 383 homes closed at Lake Tahoe for $1 million or more. That's more than…

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Wait, what? You want to Underprice my Tahoe home?

When is Price not Price?

Homebuyers searching in Tahoe this spring are facing the frustrating reality that price is not price.  On the contrary, the asking price of a home in today’s hot market is more like a starting point.

Once buyers get through the front door and have fallen in love with what they see, they often find themselves in competition with others who are swooning over the same property. In some cases, many others.

One 3-bedroom cabin in Tahoe Donner got 18 offers the first week it was on the market, and closed for cash at more than $100,000 over asking (plus a generous sum for the used furniture). It backed to open space, but it did not have a garage. And like many sales this year, it was priced more than $100,000 below where it…

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Luxury Homes Sales in Tahoe | Truckee Have Doubled

Luxury home sales have doubled (and tripled) in some markets at Lake Tahoe & Truckee 

Email me for a complimentary copy of our Luxury Market Report

~  Jackie@TahoeisHome.com

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Lahontan ~ Capacity Conundrum at the Club

Lahontan's Clubhouse Undergoing Renovation

The Lahontan Clubhouse was closed for part of 2025 to implement a renovation that will introduce a new "casual" dining area to what had long been more of a formal setting

Lahontan, the Granddaddy of Truckee's gated communities, found itself so popular during the Covid years that managers briefly experimented with freezing its social memberships. But ultimately scrapped that restrictive policy in favor of raising the initiation rate and annual dues.

By 2021, amid Covid shutdowns, a social club membership at just $8,450/year with a $10k initiation fee was looking like such a bargain that many Lahontan owners decided to jump on board. 

The social membership includes use of the pools, a beautiful fitness…

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Tahoe Donner's Growing Luxury Real Estate Market

*Thanks to Elizabeth Carmel for the beautiful cover photo of Tahoe Donner. You can find more of their artwork at www.thecarmelgallery.com

High Demand for Tahoe Donner luxury Homes

Luxury home sales in Tahoe Donner tripled last year from what they had been just 15 years before.  Homes priced over $1 million -- long the minority in this community above Truckee -- sold at a faster pace in 2020, and for higher prices -- than ever before in the history of this resort destination.

More than a quarter of the homes that sold in Tahoe Donner last year closed for more than $1 million. That includes some homes, like this Pinnacle Loop chalet, that pushed into the luxury zone, despite being priced well below $1 million:

New home sales accounted for less…

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Tahoe Real Estate in 2020: Can it Continue?

2020: A Banner Year for Tahoe Real Estate

Almost $3 billion worth of real estate changed hands in Tahoe/Truckee & Incline/Crystal Bay last year. For single-family homes, that’s a whopping 87 increase in volume over 2019 – a staggering jump that no one has seen in recent memory, and more than double the gains we saw in 2012, when bargain buying fueled a recovering market.

But there were almost no bargains to be found last year.  Homes that were priced right and showed well received multiple offers and often sold for well over asking. 

A Year for Luxury

The highest demand was for homes priced under $1 million, but luxury sales also soared in 2020. Close to half (45 percent) of the homes that sold in North Tahoe and Truckee last year closed for…

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Lakefront Home Sales Triple at Tahoe

Covid Fuels Luxury Lakefront Home Sales at Tahoe

Waterfront home sales at Lake Tahoe tripled this summer over what they had been the year before.

More than a quarter billion worth of lakefront property changed hands this summer, including some record-breaking estate sales on the turquoise waters of Lake Tahoe’s East Shore.

*Click here to Browse Luxury Lakefront Homes at Lake Tahoe

Fueled by a strong buyer penchant for clean air and open space, Tahoe/Truckee sales were up across the board, but the surge in lakefront sales offers a curious statement about the preferences of today’s wealthy buyers. If open space is the new luxury, then Lake Tahoe, the largest alpine lake in North America, represents the pinnacle of luxury living in a…

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Urban Exodus? Tahoe Real Estate Market Booming

Buyers Flocking to Tahoe for Open Space and Clean Air

The coronavirus pandemic has flooded the Tahoe real estate market with an unprecedented number of buyers seeking an escape from urban lifestyles that have shrunk in the wake of COVID-19.

Home sales in Tahoe/Truckee this June are almost double what they had been the year before. And some popular neighborhoods like Tahoe Donner have seen the volume of home sales more than double over last year.

With many urban professionals working successfully from home, and public spaces shuttered throughout many of California’s cities, open space has become the new luxury.

In Tahoe/Truckee we are seeing this not only in the rising number of luxury cash sales, but also in the cutthroat market for homes…

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