The Northwest Lake Tahoe area is an exciting and rewarding place to live. Its majestic setting is defined by the crystal blue waters of Lake Tahoe and the rugged terrain of the Sierra Nevada Mountains. With its forested hillsides, winding roads, beautifully manicured golf courses, clean beaches and glamorous nightlife, this part of Lake Tahoe offers its residents a little bit of everything. (more)
Bounded by state route 89 to the east and by Highway 80 to the north, Northwest Tahoe is very accessible and easy to navigate. Further, proximity to a variety of ski resorts, recreational areas, casinos, hotels, shopping centers and cultural venues such as museums, art galleries and performance halls make Northwest Tahoe a hot spot for locals and visitors alike.
Although Lake Tahoe is a popular year-round tourist destination, locals benefit daily from the area's many wonders. With over 300 days of sunshine per year and 396 inches of annual snowfall, the fun never ends for Northwest Tahoe residents. The amenities here are plentiful and the resort-like atmosphere makes residents feel as if every day is a vacation day!
Northwest Tahoe homes are stunning and eloquently designed, offering many unique landscapes and views. The housing market is strong and the population is diverse as many choose to utilize properties as vacation homes or rentals. Real estate options in Northwest Tahoe consist of estates, lake-view homes, condominiums, townhouses, and some lots and land for custom building. Today, nearly 5,000 full-time residents live in Northwest Tahoe. Together, they form a tight knit community that is safe and family friendly.
Northwest Tahoe Real Estate
Real estate opportunities abound in Northwest Tahoe and are available in a vast array of sizes and styles. From palatial estates and lakefront properties to moderately priced cabin-like homes nestled in the forested hillsides, the communities located on the Northwest Tahoe side of the lake such as Alpine Meadows, Carnelian Bay, Olympic Valley, West Shore, Sunnyside and Tahoe City have the right home for you. (more)
If you are looking to buy a vacation home, Alpine Meadows is one of the more sought after ski resort areas. For those looking for homes along the North Shore in the $400,000s, Carnelian Bay is a great destination. Two, three and four bedroom homes with mountain views and water views range in price from $350,000 to $2 million and higher depending on size, structure and location. Magnificent homes, mansions and private estates located in more secluded Northwest Tahoe neighborhoods range in price from $900,000 to $7 million and more. Plots of land, although limited in supply, are also available for custom building and development as are a select few historic properties.
Condos and townhouses are available in Nort Lake Tahoe and range in price from $150,000 to $600,000+ and are typically located in more densely populated areas. Condos with lake-frontage views can cost up to $2 millions and with 3+-4 bedrooms.
Northwest Tahoe Real Estate Stats and Trends for the week of April 20th, 2020: homes priced around $866,475 compared to $866,475 the previous week, to remain steady with no change in listing price. For Monday, April 20th, the current national mortgage rate for a 30 year fixed mortgage is 4.51%; the 15 year fixed rate is at 3.90%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.41%, while the 15 year jumbo rate currently is at 4.12%.