Al Tahoe Area Real Estate in South Lake Tahoe

Al Tahoe is one of South Lake Tahoes Oldest and most historic neighborhoods. Al Tahoe is also one of South Lake Tahoes most diverse neighborhoods. Houses in Al Tahoe range from small original cabins built in the early 1900’s, to multi-million dollar lake front homes. There are also duplexes, triplexes, and small apartment buildings scattered throughout the area.

Al Tahoe is located in the center of South Lake Tahoe between Regan City Beach and Highway 50. Regan Beach is just a short walk from many of the Al Tahoe homes. Other Lake Tahoe Activities close to the Al Tahoe area include Heavenly Valley Ski Resort, the Casinos, and the El Dorado Beach Recreation Area/boat ramp. Due to Al Tahoe’s convenient location, it is a great area for either a vacation home or a primary home.

Most of the houses in the Al Tahoe area are built on 5,000 square foot lots, but there are some homes on double lots. Lakeview Ave. is on the north edge of Al Tahoe and paralells the Lake. Lakeview Ave is where the lakefront and lakeview homes are located. Bellevue Ave and El Dorado Ave boarder the south and west side of Al Tahoe, and overlook the Truckee Marsh Meadow and Trout Creek. Many of the houses overlooking the meadow have great mountain and meadow views. The majority of the houses in Al Tahoe are not on the lake or the meadow, and most likely back to another house or property.

Al Tahoe was one of the few areas in South Lake Tahoe that had an increase in the median sales price for 2008. Here are the 2008 sold single family home statistics from the South Lake Tahoe MLS:

• There were 24 sold houses in 2008 (down from 30 in 2007)
• 7 of the sold homes were foreclosures
• Median sales price was $427,500 (up 4.9% from $407,500 in 2007)
• Average sales price was $456,296 (down 11% from $513,859 in 2007)
• Median list price was $477,742
• Average list price was $429,000
• Average square feet was 1727 sf.
• Median square feet was 1638
• Average price per square foot was $269 (down 24% from $356 in 2007)
• Median days on market was 116 (down from 150 in 2007)

Currently there are 34 homes for sale in Al Tahoe on the South Lake Tahoe MLS. Out of the houses, 4 are in escrow, and 2 are foreclosures.

Here are the active Al Tahoe single family home statistics:

• 34 Active listings (2 are foreclosures)
• 4 Current escrows
• Median list price $545,000
• Median square feet is 1518

Al Tahoe Pictures

This blog post was written by South Lake Tahoe Real Estate Agent Brent Johnson. To access theSouth Lake Tahoe mls, read my South Lake Tahoe Real Estate blog, or follow South Lake Tahoe Real Estate Statistics, please keep visiting my website www.JohnsonsTahoerealEstate.com

Bank Owned Properties in South Lake Tahoe

A new foreclosure listing in South Lake Tahoe has just been added to the mls. If this home interests you at all, call Brent or Jill  as soon as possible. I expect this new listing to sell very quickly!

806 Stanford Ave. Offered at $295,000

806 Stanfordis a bank owned foreclosure in South Lake Tahoe located in the Al Tahoe area. This 3 bedroom , 2 bath, 2 car garage 1300 square foot home has been remodeled on the inside and has  a newer roof. Pine accents, a river rock fireplace, and wide plank laminate flooring give this home a warm “Tahoe Feel.” Skylights throughout brighten this open floor-plan. The bathrooms are clean but have not been updated. There is a missing stove, refrigerator, and a few minor repairs needed. The last sale of this home took place on 5/24/07 when it sold for $493,000.

• Energy Star rated natural gas forced air furnace
• River rock gas fireplace
• Log accents
• Flat fenced lot
• Open floor plan
• Great Al Tahoe location!

 

There are only 7 foreclosure listings in South Lake Tahoe out of 27 that are not currently in escrow. If you would like to take a look at this bank owned home, please call Brent and Jill Johnson at (530) 416-2625.

If you have any questions regarding foreclosures in South Lake Tahoe, South Lake Tahoe real estate, or South Lake Tahoe mls listings, contact us today!