$1.1m Tahoe City Lakefront REO: Price Dropped 62%

This Tahoe City property was first listed for $3.39m then was reduced to $2.6m – it went off the market in May 2011. It is now back on as a foreclosure / REO for $1.1m. This is a great lakefront neighborhood and this is a good (although funky!) home with a nice lakeview and level lawn. It’s on a little bluff, has no pier, and both buoys appear to be unpermitted. Technically it’s listed as a non-lakefront due to a paper street but Alex can clarify that. It entered the market one hour ago. You can download the Plat Map here.

View The Previous and Current Listings for 2770 Lake Terrace Ave.

View 2770 Lake Terrace (aka 2765 Aqua), Tahoe City, CA 96145 in a larger map

Click Here to View 2011 Tahoe Lakefront Sales Under $2 million

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