This great little pad dropped $600,000 this week. A substantial, attention-grabbing change which is probably what it will take to sell this one before year end. This property/price is perfect for two young couples to split a lakefront where there’s huge potential on the upside once the market picks up again. If it takes a number of years for that to happen, well you’d just be forced to enjoy spending your time along the lakeshore before parting ways and finding some profit and another property. The reason this one is most likely for the young: your neighbor is GarWoods restaurant. There’s also a walking path in front of the house so you have some pedestrians occasionally. But the view is great, the privacy is much better than one would expect and the new price shows some serious seller intention to make something happen soon…
See 4990 North Lake Blvd, Carnelian Bay 96140 on Tahoe Sierra MLS here
If the link doesn’t work then the property is in escrow so email Alex for more information.