Lake Tahoe Homes for Sale
At 22 miles long and 12 miles wide, Lake Tahoe is the second largest lake in the world found at this elevation. It spans two states, five counties, and dozens of distinct neighborhoods. The Best Place to live at Tahoe depends a lot on what you're looking for ... read more.
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Lake Tahoe Homes for Sale
- All Listings
- Under $500,000
- $500,000 - $750,000
- $750,000 - $1,000,000
- $1,000,000 - $2,000,000
- $2,000,000 - $4,000,000
- $4,000,000 - $6,000,000
- $6,000,000 - $8,000,000
- $8,000,000 - $10,000,000
- $10,000,000 - $15,000,000
- $15,000,000 - $25,000,000
- Over $25,000,000
Lake Tahoe & Truckee Neighborhood Profiles
The state line between California and Nevada runs right down the middle of Lake Tahoe. Here is how the Nevada and California sides of Lake Tahoe compare:
Nevada Side of Lake Tahoe:
Tax Shelter: If the Nevada side of Lake Tahoe is your primary "home," it offers a number of tax advantages. Nevada has no state income tax, no inheritance, and no state capital gains tax,. Property taxes tend to be lower on older homes than they would be on the CA side of the Lake because, unlike California, a home is not automatically reassessed at the sale price when it changes hands.
Real Estate and Home Prices: Homes on the Nevada side of Lake Tahoe are generally more expensive on a price/SF basis than you will find in California. Prices range from well upwards of $30 million for lakefront estates to the $3 - 5 million range for waterfront condos. Single family home prices vary widely, depending on their proximity to the Lake and/or views of the Lake. Incline Village and Glenbrook are more expensive than the neighborhoods to the south closer to Stateline, NV, which is a hub of casino activity and nightlife. There is less developed land on the Nevada side of the Lake, and demand from buyers seeking a tax shelter can drive up the price of available home inventory, as we have seen over the past two decades, particularly in Incline Village. While Incline is on the North Shore of Lake Tahoe, just across the state line from California, the price/SF of homes here can approach double what you would pay for the same property on the California side of the Lake.
Lifestyle: The lifestyle on the Nevada side of Lake Tahoe varies significantly from one community to another. Incline Village, at the north end of the Lake, offers terrific walkability, with a paved, two-lane trail running 3 miles along the entire length of Lakeshore Blvd, and connecting to another 3-mile paved trail that takes cyclists, walkers and joggers along the scenic East Shore of Lake Tahoe all the way down to Sand Harbor State Park. Thanks to the fact that the East Shore of Lake Tahoe is served by the four-lane Highway 50, most of the neighborhoods south of Incline Village, stretching from Glenbrook to Zephyr Cove and Stateline, require a car to get from one place to another.
Scenery: The East Shore of Lake Tahoe offers beautiful views of the peaks to the west. In many areas along the East Shore, shallow water and shoals (sometimes strewn with massive granite boulders) give the waters along the shoreline more of a turquoise hue resembling waters you might find in the Caribbean, rather than an alpine lake.
Amenities: There are a number of beautiful public beaches on the Nevada side of Lake Tahoe, some (like Cave Rock State Beach) with boat launches. (The exception is Incline Village, where all 3 beaches, including a boat launch where residents can also store kayaks and Stand-Up Paddle Boards are privately reserved for Incline homeowners and their guests). There are also a handful of neighborhoods along Tahoe East Shore with HOA beaches that allow owners access to Lake Tahoe (sometimes with a pier or buoy field) for an annual fee.
California Side of Lake Tahoe:
Lifestyle: The California side of Lake Tahoe is served by a long, two-lane road aptly named "North Lake Blvd" on the North Shore (from Kings Beach at the Nevada state line, to Tahoe City, where a dam at Lake Tahoe empties into the Truckee River), and "West Lake Blvd" for that stretch of road that connects Tahoe City to Rubicon Bay and South Lake Tahoe. The two-lane road makes the California side of Lake Tahoe more pedestrian friendly than the Nevada side, but it can also mean traffic delays during the summer months, as it's the only road on the west side of the Lake connecting tourists and locals to South Lake. During the height of the summer tourist season, it can actually be faster to ride a bike along the Westshore than to dive. And a two-lane paved bike trail makes that commute both easy and fun. If you live in Tahoe City or the West Shore down to Sunnyside, it's easy to ride a bike (or walk in some neighborhoods) to dinner, the beach, or one of the many free outdoor concert venues throughout the summer.
Real Estate and Home Prices: The dollar goes farther on the California side of Lake Tahoe than in much of the Nevada side. Waterfront homes with their own private beaches sell for anywhere from $8 million to upwards of $25 million. Those with a pier, offering the ability to load and unload guests from your boat without the use of a dinghy, fetch higher prices. overall. But there are also a number of beautiful single-family homes ranging in price from around $1 million for more traditional, smaller cabins to upwards of $6 million for newer homes or those with panoramic lake views (or lake access via an HOA beach such as Tahoe Park)
Recreation: The North and Westshore of Lake Tahoe offer year-round recreational opportunities such as boating, kayaking, paddle boarding, and hiking. The trail network on the California side includes many options at or near the Lake, as well as trails leading up to beautiful alpine meadows, and California state parks like Desolation Wilderness, with trail connections near Emerald Bay. The Truckee River heading toward Truckee is also a popular spot for swimming, rafting, cycling, or just enjoying the beauty of nature.
Atmosphere: With many shops, art galleries, and restaurants, the north and west shores of Lake Tahoe are popular tourist destinations. The vibe is decidedly laid back, as you might expect in a beach town. South Lake Tahoe has a different feel. In South Lake, you will find strip malls, commercial shopping centers, as well as tourist core centered around the newer shops and restaurants at the the base of the Gondola to Heavenly Ski Area.
