Tahoe Update

Greetings Fellow Life Travelers:

Catching you up on the last two weeks at Tahoe.  Summer’s heading into full roll as graduations are over.  A bit of sheet lightning and thunderstorm on Friday, even bringing snow to Tahoe City,  Nothing at my house; short term heavy rain scattered.  Saturday was the ever-popular Truckee Air Show along with our well-attended 30th annual Chase Luxury Estates Tour.  Last weekend I had a quick fun trip to San Francisco/Union Square and dinner at Scoma’s on the wharf, all looking clean and beautiful and then to Healdsburg for a walk in the beautiful redwoods at Armstrong Redwoods State Natural Reserve.  Now back to biz! 

Residential Real Estate – weeks 06/06 – 06/19 

Overall, the market for North/West Tahoe and Truckee is slightly ahead of 2025 same period, with number of sales up a bit and dollar volume up about $50M.  Now the test as we moving into are typically busy time.  For the past two weeks, Martic Camp came on with a $13.995M listing, and I sold my Fleur du Lac listing at full price.  In Incline, Chase has a new listing at $21M off water, the Mike Love (Beachboys) house came on at $43M, and a Crystal Bay lakefront sold at $13.8M, down from $15.9M. 

Single Family Lakefront Update

Out of the 14 Active for California, 9 are over $10M. Active for Incline is one $47.5M and in Crystal Bay one at $45M. Chase has a nice presence in California and on the East Shore.  

Local/Real Estate/Luxury

Tangerine restaurant in Truckee is now open for lunch Thursday through Sunday from 11AM to 3PM.

• Per Mansion Global, Home sales rise amid biggest price decline in over a decade in the U.S.  This all depends on location, neighborhood and demand. Our market  continues to be strong even with price reductions and properties closing a bit under ask.  We also see closings at full price and occasionally over asking price.

• Lake Tahoe is home to over 63 miles of paved biking paths. Tahoe Fund

• Savoie.  New restaurant in Tahoe City, location of old Pfeifer House on Hwy 89.  I sold the property to a family that has spent a few years redoing this into today’s genre.  Mark Sullivan, well-know San Francisco chef, is the new owner, and it will open officially July 1 with a few small preview events this next week. 

• Homewood Resort has started construction on its new gondola and has new branding.

• Mountain Lion Charter Aviation, based in Lake Tahoe, has raised more than $100,000 for Tahoe Fund’s environments projects since 2023.  

TidBits

• People who are late are often happier than those who have to wait for them.

• A wise man once told his wife nothing because he was a wise man.

• If you are tired of boiling water for pasta, just boil a few gallons at the beginning of the week and freeze them for later. 

• If you think you are smarter than the previous generation, 50 years ago the owner’s manual of a car showed you how to adjust the valves.  Today it warns you not to drink the contents of the battery. 

• I’m almost a millionaire.  I have all the zeros – I just need a 1.

• Lazy is such an ugly word. I prefer ‘selective participation’.

• Unfortunately there is no lifeguard in the gene pool.

• To err is human.  To blame it on someone else shows management potential.

• Ask your doctor if a drug with 32 pages of side effects is right for you.

• You are about to exceed the limits of my medication.

• Being kissed while you’re asleep is one of the purest forms of love…unless you’re in prison.

• Say what you will about women, but I think being able to turn one sentence into a six-hour argument takes talent.

• Husband: I want you to have this bracelet.  It belonged to my grandmother.  Wife:  Why does it say, ‘do not resuscitate’?

• When I’m bored, I go around putting ‘voice activated’ stickers on paper towel dispensers.

• My top five exercises are:  jumping to conclusions, flying off the handle, carrying things too far, dodging responsibility, pushing my luck.  Mother of Heathens

• Why do ‘fat chance’ and ‘slim chance’ mean the same thing?

• If love is blind, why is lingerie so popular?

• Why do we drive on a parkway and park on a driveway?

• Answers anyone?  Have a great week and see you next time! 

Best wishes, 

Trinkie