The Tahoe City lakefront home on Lake Terrace Ave. which was listed yesterday as a foreclosure now has multiple offers from several excited buyers. The previous list prices for this property started at $3.4m and then lowered to $2.6m. When the property re-entered the market yesterday the new bank-owned price was set at $1.1m. It’s a fun place sited on a gorgeous bluff near the Lake Forest Boat Ramp. View my previous post about this Tahoe City lakefront here and feel free to call for more detail.