Christmas Valley Real Estate in South Lake Tahoe

February 9, 2009

The Christmas Valley area in South Lake Tahoe is one of Tahoe’s most secluded and desirable areas. Houses for sale in Christmas Valley range from small cabins, fixers, and foreclosures in the upper $200,000’s to new large custom homes over $1,000,000.

Christmas Valley is about 10 minutes away from South Lake Tahoe and about 15 to 20 minutes from Heavenly Valley and the casinos. Christmas Valley is located south of Meyers along Luther Pass Road (Hwy 89) and the Upper Truckee River. The South Lake Tahoe mls divides Christmas Valley into 2

Christmas Valley from Google Earth

Christmas Valley from Google Earth

 areas, Christmas Valley 1 and Christmas Valley 2. Christmas Valley 1 is basically the north side and is close to Hwy 50, and Christmas Valley 2 is the south end that parallels Hwy 89 and the river.

 

If you are looking for a quiet and secluded neighborhood away from the casinos and the lake, Christmas Valley is the perfect area.  Many of the homes back National Forest land, have great mountain views, or even back the Upper Truckee River. The lots in Christmas Valley are generally larger than the average Tahoe lots, and average from 6,000 to 10,000 square feet, and some are larger. Spectacular mountain views  of Echo Summit and surrounding mountains are very common in Christmas Valley.

Christmas Valley does get quite a bit more snow than areas right next to the lake. I have heard anywhere from 20% to 50% more snow falls in Christmas Valley. It must be either the snow or some of the street names (Blitzen Road , Santa Clause Drive, St. Nick Way, Reindeer Way, Elf Lane) where Christmas Valley got its name!

Here are some of the outdoor activities that Christmas Valley has to offer:

                                                                            

According to the South Lake Tahoe mls, 2008 statistics for single family sold homes in Christmas Valley are as follows:

  • 20 houses sold (27 in 2007)
  • 6 of the sold houses were bank owned foreclosures
  • Median sales price $492,500 (up 13% from $428,000 in 2007)
  • Average sales price $480,660 (up 8% from $444293 in 2007)
  • Average  sold price per square foot $241 (down 16% from $287 in 2007)
  • Median days on market was 151 (down from 154 in 2007)
  • Median square feet was 2,209

Currently there are 23 houses for sale in Christmas Valley on the South Lake Tahoe mls.  The statistics are as follows:

  • 3 of the houses are in escrow
  • Average list price is $504,330
  • Median list price is $475,000
  • Average square feet is 1833
  • Median square feet is 1680
  • Average days on the market is 204 days

If you are looking at homes for sale in South lake Tahoe, and you do not mind a short drive to town, you should definitely check out the Christmas Valley area!

This blog was posted by South Lake Tahoe Real Estate agent Brent Johnson. To view the most current list of foreclosures in South Lake Tahoe, see South lake Tahoe mls listings, and read my South Lake Tahoe Real Estate blog, keep visiting my website www.JohnsonsTahoeRealEstate.com

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