Lots In South Lake Tahoe

Lot sales in South Lake Tahoe have seen some tough times in 2007 and early 2008, but there has been a flurry of recent activity.
There have been ten lots that have gone into escrow in the last month. Five of the ten lots that have gone into escrow include allocations.
Two of the allocated lots are burn lots,1402 Mt. Diablo and 782 Lookout Point,  located in the Angora fire area.

There were three lots that have closed escrow already in May.

One of those three was a burn lot on 1453 Mt. Olympia that sold for $175,000. This  lot had plans and  permits for a 2800 square foot home.

Lots with allocations were selling for about $70,000 more than lots without allocations in 2005 and 2006. Now that the wait for  allocations in El Dorado County is about one year, lots with allocations are not as valuable as they once were. There was a lot sold at 1156 Lodi Street for $95,000 with an allocation!

There are still some great lot deals out there, and with the County allocation list so short, it is a great time to buy a lot even without an allocation!

Spring Cleaning Time!

Tahoe’s great spring weather is here, and the snow has finally melted in my yard. I was amazed to see how trashed it was! I spent about 20 minutes picking up dog poop and garbage that had been covered up by the winter snow storms.
Now that Chase International South Tahoe Realty has moved its office to 989 Tahoe Keys Blvd., It is close enough for me to walk to work from my house. While walking to work yesterday, I noticed that most of the houses along Tahoe Keys Blvd. still had trash scattered in there yards, and along the street. I was surprised to see how bad the neighborhood looks when you slow down and look around!  I know that the snow has just recently melted, but it is time for spring cleaning…

Lets all do our part and keep beautiful Lake Tahoe blue and clean!