Tahoe Donner Neighborhood Profile
This residential resort community is located on approximately 4,000 acres and includes 6,000 home sites and approximately 1,200 acres of greenbelt, park, or recreation area with some of the boundaries adjoining Tahoe National Forest. Tahoe Donner® was originally established in the early 1970’s, so there are homes and cabins varying in age throughout the subdivision. This subdivision offers a plethora of amenities such as: a campground, equestrian facilities, the second largest cross country ski facility in North America, downhill skiing, a snow play area, a championship 18-hole golf course, a clubhouse, outdoor pools, year round lap pool, 11 tennis courts, private beach club marina and boat facilities at Donner Lake, hiking and biking trails, and a recreation center with weight room, spas, sauna, and a steam room. Property holders receive discounted rates for golf, equestrian and ski services or can purchase discounted season passes.
Also, check out the Tahoe Donner® website for upcoming events and activities at: www.tahoedonner.com.
Tahoe Donner Market Trends – 4th Quarter 2009
Tahoe Donner Summary (Complete Report)
Dramatic decrease in number of homes for sale. The number of listings for Tahoe Donner single family homes for sale in the Tahoe Sierra MLS was 75 as of Jan. 10, 2010, which represents a decrease of 47.6%, or 68 homes, compared to the prior quarter and a decrease of 38.0%, or 46 homes, compared to the same period in the prior year. This decrease in the number of home listings is unusual in our market. Clearly, we are now experiencing a severe drop in inventory which means that buyers will have fewer homes to choose from and sellers could start raising their asking prices.
Lower priced homes are continuing to sell the best, but buyers are now buying homes that cost a little more. The median sales price for single family homes in Tahoe Donner for Oct 09 through Dec 09 was $610,750. This represents an increase of 16.3%, or $85,750, compared to the prior quarter and a decrease of 4.3% compared to the same period in the prior year. Median sales prices have decreased about 15.5%, and average sales prices have decreased about 20% for the 4th Quarter periods over the last 4 years in Tahoe Donner (since 4th Quarter 2005). The market peak in Tahoe Donner was in 2005.
Market Activity continues to increase. The number of single family homes sold in Tahoe Donner, as recorded in the Tahoe Sierra MLS, for Oct 09 through Dec 09 was 80 homes. This represents an increase of 23.1%, or 15 homes, compared to the prior quarter and an increase of 53.8%, or 28 homes, compared to the same period in the prior year. The market activity has continued to increase over the last 2 quarters! We are still seeing many multiple offer situations, especially for homes listed under $450,000.
Homes are selling at about 95% of their asking price. The average listing price for single family homes in Tahoe Donner for Oct 09 through Dec 09 was $668,658. This represents an increase of 10.5%, or $63,366, compared to the prior quarter and a decrease of 9.3% compared to the same period in the prior year. Of course, there was also an increase in the average median sales prices of homes, thus the prices of homes may not actually be increasing at this point. Data such as this mostly shows us that more of the higher priced homes are selling, which raises the average sales prices of sold homes. Single family homes in Tahoe Donner sold at an average of 95.0% of their last listed price, during Oct 09 through Dec 09, compared to the same period in the prior year when the homes were selling at an average of 95.0% of their last listed price.
Percentage of bank owned and short sales, to standard sales, continues to increase. 18.8% of total single family home sales in the 4th Quarter 2009 were bank owned and short sale homes as compared to only 10.8% of the total single family home sales in the 3rd Quarter 2009.
Continued decrease in the average $/sq.ft. of sold homes. Average price per square foot for Tahoe Donner homes sold during the 4th Quarter was $268, a decrease of 2.5% (at $275/sq.ft.) compared to last quarter (3rd Qtr 2009), and a decrease of 12.1% (at $305/sq.ft.) compared to the same period last year. Note: If you are a buyer of property, please remember that the sold price/sq.ft. is generally higher for smaller homes and lower for larger homes.
Northstar Fire Defensible Space
Area real estate agents were recently notified that the Northstar Community Service District (NCSD) has adopted Fire Ordinance No. 26-09, requiring that sellers in the NCSD service area provide buyers with information regarding defensible space of the property they are selling.
Basically, there is a standing requirement to create and maintain defensible space for the properties in the Northstar area. And, the NCSD Board of Directors voted on October 21, 2009 that the seller of property in the area must disclose the status of defensible space to the buyer prior to close of escrow. This approved Defensible Space Ordinance revision formally takes effect 30 days post-approval.
There is a “Defensible Space Pamphlet” available through the Northstar Fire Protection District. To comply with this mandate, the Sellers and Buyers of any real property in Northstar are to sign the detachable portion of the pamphlet, which formally acknowledges that they have received this information, and return it (by mail or in person) to the Northstar Fire Department prior to the close of escrow.
Winter at Martis Camp
Martis Camp is a welcoming spot to enjoy the winter season. The Family Barn is decorated and is a festive and cozy place to spend a little time. This newer Tahoe community has so much to offer! Click here to read the current information about Winter at Martis Camp.
11000 Jacobs Court
No Longer for Sale – Property is Available for Rental
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MLS#: | 2901823 (before withdrawal) | |
| Area: | Truckee | ||
| Subdivision: | Prosser Lake Heights | ||
| Beds: | 3 | ||
| Baths: | 2.5 | ||
| Square Feet: | 2872 | ||
| Garage: | 2 | ||
| Year Built: | 1987 (recently remodeled) | ||
| No. of Acres: | 0.91 | ||
| View: | Wooded Mountain | ||
| Private, spacious home on almost an acre with mountain views in convenient Prosser Lake Heights! Remodeled kitchen (granite, alder cabs, Sub Zero) and baths. Redwood siding, large decks, huge rec room with hot tub. Two garages plus carport. Excellent for vacation home or full time.
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Alpine Meadows Neighborhood Profile
Alpine Meadows is located along Hwy 89 South, between Truckee and Tahoe City. This area is located in a valley with steep mountains on both sides. The Alpine Meadows downhill ski area is tucked back in this valley and is known for testing the talent of the Extreme Skiers and Snowboarders in the world. The ski area also offers variable terrain catering to all levels of expertise. Although somewhat smaller than Squaw Valley the mountain is great fun, un-crowded, and always seems to attract the friendly types. There are single family homes in a lovely small residential community right off of Alpine Meadows Road. And, there are some condos in the valley near the ski area. There are also condos near the River Ranch at Hwy 89 South and Alpine Meadows Road. The residents in the valley enjoy the bonus of quiet solitude among the forest and mountains in the summer.
