Monday, August 4, 2014

Truckee Real Estate Market Update Aug 2014



Greetings,
  
MARKET UPDATE:

The market has somewhat slowed in July based on closings, but the showings have been very active. There is plenty of traffic in the showrooms with families looking at all of the communities and deciding on what best fits their needs.

Mountainside at Northstar continues to shine and sell at a rapid pace with another Home Run Townhome (#12) closed at $1,805,000.  This was a quick cash deal and the buyer realized the urgency with only 3 residences remaining (two 4 bedrooms & one 3 bedroom).   

Just around the corner from Home Run lies the ski community of Martis 25, which features estate size home sites located on the ski way near the Timberline chairlift.  There are currently two homes under construction on lots #5 and #11, and residence #5 is listed at $9.3M.  In the near future there will be two others breaking ground.  This community is gaining traction as builders, architects and clients are realizing the similarities to the great ski-in/ski-out communities of Vail/Beaver Creek and Park City. 

The word is out about Mountainside, but I feel as if we are still in the first chapter of on mountain living at Northstar.  California has not seen anything like this before and I believe there is tremendous opportunity to become a part of a community that will take off, particularly as Vail Corporation continues to invest money for mountain improvements.  

PICK OF THE WEEK:

With all the activity in Mountainside I would like to highlight the 4 bed 4.5 bath Grand Western Mountain Lodge home/lot package on lot 22 in Martis 25.  The views to Castle Peak and the Sierra Crest are incredible and the ski access couldn’t be any easier.  You can save yourself the trouble of designing a home and searching for a builder as that is already done for you.  You can help customize the finishes with the architect and builder and enjoy a streamlined process of building your dream mountain getaway. 



Northstar:
No new listings 

Martis Camp:
No new listings

Lahontan:
1 new listing: 
Click Here to View Listings

Gray's Crossing: 
3 new listings: Click Here to View Listings

Old Greenwood:
1 new listing: 
Click Here to View Listings

Schaffer's Mill:
No new listings 
  
Squaw Valley:
No new listings  

Lake Tahoe (North, West & East Shore):
13 new listings: Click Here to View Listings

I hope to see you in town this weekend and don't hesitate to contact me if you or any friends would like to look at real estate.  

Thanks,

Ali Liptrot calnevteam@gmail.com 415-577-0722

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