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Tahoe Update

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Tahoe Update

Greetings Fellow Life Travelers:

Winter is really trying at Tahoe.  We’ve had a bit of snow, resorts are making snow, and several opened this weekend.  Rain is not helping, but at least we’re not getting the full impact of the cyclones being experienced closer to the coast. No snow around the house, all melted with rising temps.  Truckee kicked off the holiday season with the lighting of the Bud Fish tree downtown and Santa’s visit on Friday night (after which snow fell with modest dump).  Shops will be open late on Friday evenings for festive shopping. The whole region lights up now with celebratory activities though December.  Now for what was festive in this last week’s real estate report.

Residential Real Estate – week 11/16 – 11/22

  • Tahoe Sierra MLS – North/West Shores & Truckee.  New Listings – 19; Escrows – 15; Solds – 20
  • Incline Village/Crystal Bay MLS.  New Listings – 4; Escrows 6; Solds – 4
  • East Shore, NV MLS.  New Listings – 7; Escrows – 1; Solds – 6
  • Reno/Sparks MLS.  New Listings – 109; Escrows – 125; Solds – 8

For Tahoe Sierra, Donner Lake had a new lakefront listing at $5.2 Million, and Lake Tahoe had a lakefront sale in Meeks Bay that started at $6.995 Million, reduced to $5.25 Million and sold for $4.82 Million.  Incline had an eastern slope listing that started at $16.5, was reduced to $15.5 and went to escrow this week.  East Shore had a re-run of an 11-acre property in Glenbrook, back on the market at $15 Million (on and off the market over the last 4 years), and a lakefront that started at $20.888 Million sell at $15.050 Million.  Sierra Nevada MLS showed two homes off Mt. Rose Highway, one listed at $4.44 Million and one sold at $1.975 Million – we still have pioneers in our midst!  Lastly, Reno’s Nixon Mansion, listed at $15.9 Million, went to escrow.  More on that below. 

Local/Real Estate/Luxe

  • Tahoe Truckee Community Foundation made its first $1 million grant!  This money from the Forest Futures Campaign is leveraging $3 million from CalFire and the U.S.D.A. to build California’s first Cross-Laminated Timber (CLT) facility in Taylorsville (about 21 miles NE of Quincy in Plumas County).  This product is super strong, can be pre-cut and also used as an alternative to concrete.
  • AT&T’s old lead-sheathed cables lying on Lake Tahoe’s floor have been removed! The League to Save Lake Tahoe worked with AT&T on this successful multi-year endeavor.  
  • Exodus to Europe.  Unhappy Democrats have threatened to leave the U.S., and interest in buying foreign citizenship or residence – the ‘Golden Visa’ – has skyrocketed.  CNN (This process ain’t easy, so we’ll see just how many actually pull up stakes.)
  • 10-year Listing.  Hard to believe, but Donna Spear and I have had an on-again/off-again listing of the beautiful rebuilt historic Nixon Mansion in Reno go to escrow this last week.  Must say it’s flattering that the sellers have stayed with us over the years, and I’m not sure there are many agents who can complete with this longevity!  Not sure if it’s something to brag about…or not! Long escrow as buyer is investigating special use for this beautiful property.
  • Reno Phil:  Dec 6 – 8 – Spirit of the Season – Holiday Wonderland with special performance by Cirque du Soleil. https://renophil.my.salesforce-sites.com/ticket/#/events/a0SU1000000jN5JMAU
  • Truckee Donner Land Trust:  Upper Carpenter Valley’s 691 acres now belong to the Land Trust, all secured by private donations.  The Land Trust over the years has secured more than 40,000 acres of open space for protection in the northern Sierra.
  • Tahoe Nutcracker – Lake Tahoe Dance Collective, featuring two NYC Ballet dancers.  Dec 20 – 22: https://www.laketahoedancecollective.org/nutcracker-tickets
  • Tahoe Film Festival – 10th year. Dec 5 – 8.  Various North Shore locations, great lineup, including MARIA, the new biopic of Callas, staring Angelina Jolie.  Www.tahoefilmfest.com
  • Palisades Tahoe.  You must have heard that the Supes unanimously approved the Altera plan for development, instigating a huge pushback from locals as well as the League to Save Lake Tahoe and Mountain Area Preservation.  It’s unlikely this will die as I suspect lawsuits will appear before long.
  • Deer Valley, UT:  21,000 sq. ft. home with private gondola to top of mountain, listed at $65 million, just sold in the high $50 million range.  Highest sale in the state.  Mansion Global
  • America’s first flying e-ferry coming to Lake Tahoe!  Candela of Stockholm and local partner Fly Tahoe are planning to introduce the first U.S.-based 30-seat Candela P-12 here.  Hydrofoil tech enables flying above water surface at high speeds, unaffected by waves and winds.  Under 30 minutes north to south Lake Tahoe.  No detail on arrival date.  

Entertainment

TidBits

  • 1) The cop said, “Any drugs? Alcohol?”  To which I said, “No, thank you, I have everything I need.”   2) You know you’re a bad driver when Siri says, “in 400 feet stop and let me out.”  3) The problem is not people being uneducated, the problem is people being educated just enough to believe what they’ve been taught and not enough to question what they’ve been taught. 4) I enjoy one shot of whiskey every night for its health benefits. All the other ones I have are for my flawless dance moves and witty comebacks.  5)  No, I never finish anything.  I’ve got a black belt in Partial Arts. Mother of Heathens
  • Gas is so high the mailman is working from home.  He called me yesterday to read my bills to me.
  • I never thought I’d be the type of person who would get up early in the morning to exercise.  I was right.
  • There should be a calorie refund for things that didn’t taste as good as you expected.
  • I might wake up early and go running.  I also might wake up and win the lottery.  The odds are about the same.
  • I read recipes the same way I read science fiction.  I get to the end and think, “well, that’s not going to happen.”
  • Some days I amaze myself.  Other days, I put my keys in the fridge.
  • Life is like a camera.  Focus on what’s important, capture the good times, develop from the negatives, and if things don’t work out, take another shot!
  • Do you ever get the feeling that your fairy godmother stepped out for a smoke? 
  • Sometimes it takes me all day to get nothing done.
  • What would the world be like without music or rivers or the green and tender grass?  What would this world be like without dogs?  Poet Mary Oliver
  • Love is blind but marriage is a real eye-opener.  Pauline Thomason
  • Someone asked me, “If you were stranded on a desert island, what book would you bring?”  I replied, “How to build a Boat.”  Steven Wright
  • Work is the greatest thing in the world, so we should always save some of it for tomorrow.  Don Herold
  • Why was the Thanksgiving soup so expensive?  It had 24 carrots.

So, gobble, gobble!  Thank you all for reading my weekly intel on serious and funny, and thanks to my cousin who sends me periodic fodder for Tidbits.  People ask me where I find them all, and it’s a mixed bag of resources.  I curate them, and that takes a bit of time.  All worth it for the wonderful feedback I get from all of you!  Have a beautiful Thanksgiving in sun or snow, with family, friends, or just having a quiet day by the fire with a bottle of vodka. Thanks for reading and see you next time! 

Best wishes, 

Trinkie