Stay up to date on the latest real estate market trends and news about Lahontan, one of Truckee's most established gated golf course communities.

Lahontan Home Values Stay Strong

Despite rising interest rates and a volatile economy, homes at the Lahontan Golf & Country Club held their value this year, finishing 2023 on par with the record prices we saw the year before.

With just 13 homes changing hands all year (and one more new home that closed Jan 2 at almost $1,230/sf), the volume of sales in Lahontan is just two-thirds of what it was last year. But the median sales price is holding steady at close to $4 million, bolstered in part by the sales of brand new homes fetching upwards of $1,100/square foot (SF).

The Lahontan Tradition

Lahontan is the oldest of Truckee's gated golf course communities. Having been developed in the late-1990s, it was a success story soon to be replicated at…

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Winter Sales Down by Half

Low inventory, high interest rates, and unprecedented snowfall left the Tahoe Truckee real estate market with a sluggish start to 2023.

Throughout the region, the volume of sales was roughly half of what we had seen in the first quarter of last year. On the California side, including Truckee and the ski areas, only 98 homes changed hands in the first quarter of this year (compared to 182 the year before).

Most Sales in Tahoe Donner

As in past years, the majority of the sales were in Tahoe Donner. The median sales price there fell to $1.2 million (down from $1.3 million the year before). More than half of the homes closed for over $1 million, reflecting an emerging trend toward luxury in Truckee’s largest subdivision.

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Market Favors Buyers

With Fall upon us here in Tahoe Truckee, the golf season is officially about to wind down to a close here in the mountains.  But if you have been dreaming of a golf course home here at one of our beautiful communities, this might well be the BEST time to buy:

  • There are fewer buyers in the market
  • Inventory is strong
  • The Fed's monetary policy has had a downward pressure on pricing

California or Nevada?

Golf is everywhere here in Tahoe Truckee. And in this guide I have not included public (or semi-public) courses like the two excellent golf course in Incline Village, the public course at Brockway (near Kings Beach, CA), Coyote Moon in Truckee, Tahoe Donner (which, while open to the public, also offers nice homes…

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Despite rising interest rates, high prices at the pump, and the war in Ukraine, buyer demand for Tahoe Truckee real estate remained strong in the first four months of this year.  Some markets showed impressive gains over last year, and some presented the opportunity to negotiate on price.

Overall, buyers showed a strong preference for the very old (or new meant to look old), and the very new. 

One example of this is a Carnelian Bay lakefront that sold for more than $23 million. With pine paneling and a great room framed by log scissor trusses, it looks like it was built in the 1940s, but it’s actually less than 10 years old.  A Bruce Olson masterpiece, it captures the unique charm of homes built with organic materials like granite and the big…

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Median Home Sales Price up 40 percent in Tahoe Truckee

Despite the smoke that kept many would-be buyers at bay through much of August, 2021 was a record-breaking year for Tahoe/Truckee real estate sales.  The median sales price in many of our major markets rose to levels never seen before.

In all of Tahoe/Truckee, which includes Donner Summit, the ski areas and all the neighborhoods around the Lake on the California side, the median sales price rose almost 40 percent over what it had been the year before to $1,175,000

Have an extra few million laying around? How about a home in Incline Village or Truckee's Martis Valley?

Offered at $4,450,000, this Mountain Modern 4 bd/4.5 ba is currently the best priced "Contemporary" home for sale in…

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 Capacity Conundrum at The Club

Lahontan, the Granddaddy of Truckee's gated communities, briefly experimented with freezing its social memberships, and has since adopted a new policy to handle the Covid-era demand. 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 center overlooking the golf course, and dining in style at the Lodge with a beautiful outdoor patio .  With everyone working from home, and many destinations shuttered due to Covid, Lahontan was looking like the place to be for those who owned vacation homes -- or even just dirt --…

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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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Lahontan Home Sales up 41% over 2017

With interest rates up, and today’s stock market feeling like a roller coaster ride, the economy ended 2018 on wobbly knees. But that does not seem to have dampened enthusiasm for the Tahoe/Truckee real estate market, which closed out the year with a record $1.3 billion in sales.

Fewer homes sold than in 2017, but higher prices pushed the region’s overall volume up to a record high that’s almost three times the dollar volume that sold a decade ago, when the slide into the recession had just begun. Tahoe/Truckee single-family home sales were up last year almost $174 million over 2017.

New construction has certainly contributed to the gain. We have more homes now than we did a decade ago — that’s a fact.…

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