Montgomery Estates Real Estate
Montgomery Estates is an area of many upscale homes and is considered one of South Shores premier neighborhoods. Located conveniently off of Pioneer Trail, Montgomery Estates has easy access to many of the year round attractions that Lake Tahoe has to offer. Montgomery Estates is only a couple of minutes from Heavenly Valley Ski Resort, the casinos, Lake Tahoes sandy beaches, and is surrounded by miles of hiking and biking trails.
Home prices in Montgomery Estates average in the $600,000 range, and large luxury homes can sell for well over a million dollars. There are some fixer uppers and foreclosures in Montgomery Estates that are priced in the upper $300,000’s.
Some of the geographic features in Montgomery Estates can include mountain views, large lots, lots that back National Forest Service land, lake views, and a beautiful mountain style landscape.
Here are the 2008 sold single family home statistics for Montgomery Estates
- Average sales price $608,675
- Average list price $659,613
- Median sales price $480,000 (down 20% from $600,000 in 2007)
- Average days on market was 148 (down from 150 in 2007)
- Average square feet 2260
- Median square feet 1961
- Houses sold 20 (down from 23 in 2007)
- 4 of the houses sold were foreclosures
- Highest 2008 sale $1,850,000
- Lowest 2008 sale $380,000 (was a short sale)
There are currently 31 houses on the South Lake Tahoe MLS in the Montgomery Estates area. The statistics are as follows:
- 5 of the 31 houses are currently in escrow
- 3 of the current escrows are foreclosures
- Current average list price $618,113 (down 6% from 2008)
- Current median list price $525,000
- Current average square footage 2230
- Current median square footage 2133
Here are some of the houses for sale in Montgomery Estates
Please contact Brent and Jill Johnson for more information about real estate in Montgomery Estates, Real Estate in South Lake Tahoe, foreclosures in South Lake Tahoe, or the South Lake Tahoe MLS.
