For Tahoe lakefront condos, the market needs to be looked at in two segments. The first are condos which have a higher price point, better amenities, significant piers, buoys/moorings and swimming pools. These include Fleur du Lac, Chamber’s Landing, Tahoe Tavern, Tavern Shores, Cedar Point, Tahoe Marina Lodge, Rocky Ridge, Chinquapin, Brockway Shores, Star Harbor, St. Francis, The North Shore, Heratage Cove, and Water’s Edge.The second group includes those with a lower pricepoint, lesser amenities and lower monthly HOA dues. These include Chateau Chamonix, Tahoya Shores, Sweetbriar, and The Franciscan.
In the first group, there are currently 40 on the market and only 4 in escrow. We have had 5 close year-to-date. The starting price for this group is $299 (Tahoe Marina Lodge) and the median is $795k. Of note, there are 4 Chamber’s Landing units for sale ($1.795m – $2.45m) and one in Fleur du Lac ($4.2m).
In the second group, there are 10 units for sale, only 1 in escrow and 2 have sold year to date. The prices range from $135k – $400k.
This data is from the Tahoe Sierra MLS.