Village Walk #6 at Northstar - Turn Key & Hassle Free!

Village Walk #6

Village Walk is just outside the core of the Village at Northstar.  With the convenience of a warm Starbucks coffee in the morning and the excitement of the Village activities, you can still step away to your privately gated luxury townhome with its own hot tub!  This 4 bedroom 4.5 bath home has plenty of space for the whole family with wrap-around decks, 2 car garage, three stories, private patio areas and a kitchen equipped with Viking appliances.  In addition to the perfect location, this home has mountain views and is being sold with custom furnishings and A/V package.  Ready to move right in and enjoy this winter!  No need for worry or hassle – the HOA maintains common areas and exterior of home. Don't miss this opportunity! If you are looking at property in Northstar over the holidays, Village Walk is a must-see and a great alternative to cramped condo living!

Click here for more details

$1,895,000

N. Tahoe Market Update - Martis Camp and Beyond

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Weekly North Lake Tahoe Real Estate Update

13 NOVEMBER 2012

The snow and cold temps have made this week in early November feel much more like December. We would like to think this early season base from Mother Nature is the beginning of a much-needed epic Tahoe winter. Are we making up for lost time?

This week I have had many conversations with buyers and sellers alike on the state of the Tahoe market, people seem to be wondering about Martis Camp specifically as the beacon for the area.

The success in the resale market at Martis Camp has been remarkable this year and has also solidified once again TMRRE’s position as not only the leading brokerage for referrals for new developer sales, but also as the leading brokerage for resale transactions. TMRRE has been responsible for successfully listing and/or selling about 40% of the 21 resale deals to date in 2012, far more then any other brokerage.

As a point of comparison, there were a total of 14 resale transactions in 2011 so we continue to trend up year by year.

The final developer release of cabin sites continues to be another huge success with over 42 of the 58 sites being spoken for to date. No doubt, this is a reflection of the ongoing demand for the overall lifestyle and amenities that Martis Camp offers families year round.

I expect that this winter we will see an increase again in resale activity as the inventory for the new cabin release that the developer has is dwindling and many of the available properties closer to the amenities under the $850K price range are resales (of the current 24 active resales, there are 6 under $850K) . We may also see some more new developer inventory hitting the market in the next few months.

Furthermore, TMRRE has several attractive listings for Martis Camp properties. For example, an elegant and secluded grand estate on Olana Drive is located in the heart of Martis Camp and it’s unlike anything else you will find in this community (photo above). Its design which has a cozy rustic feel is complemented by a European style. For more information about this property, click here.

TMRRE’s strong ongoing mutual relationship with the Martis Camp team has been invaluable in finding the best balance and right property for our clients, whether it is a developer site, resale site, or custom home.

In other areas, some recent notable transactions/developments include:

Northstar Village:

Contingent: Catamount 8204 2 BR/2.5 BA (short sale) list price $780,000 (TMR)

Contingent: Big Horn 7307 2 BR/2.5 BA list price $859,000 (TMR)

Reduced: Great Bear 4201 4 BR/4.5 BA to $1,899,000 (TMR)

Martis Camp resales:

Sold: Lot 185 for $741K (TMR)

Sold: Lot 95 for $640K (TMR)

Old Greenwood:

Just listed: 12466 Caleb Drive 4 BR/4.5 BA home (short sale) $879,000

Sold: Villa #4 3 BR/3.5 BA townhome (short sale) $675K (TMR)

Sold: Villa #7 3 BR/3.5 BA townhome $745K (TMR)

Gray’s Crossing:

Contingent: 11022 Meek Court 4 BR/4.5 BA home (short sale) list price $1,100,000

Northstar's opening day is tomorrow!

Northstar opens tomorrow!

All the buzz around town is about Northstar’s early opening tomorrow, originally scheduled for Friday.  And it isn’t just about getting out to ski on one run that is barely covered in snow…Northstar is opening a lot of terrain! Four lifts will be spinning (Big Springs, Arrow, Vista and Big Easy) with access to ski or ride on 6+ runs. All this thanks to Mother Nature’s cold temps and Northstar’s unsurpassed snowmaking team.

Normally at this time the Village scene is usually consistent with what you would expect from a sleepy week in November. Today, the Village has been transformed into a bustling whirlwind of preparation for opening and people rushing to pick up their season passes. If you can’t make it to buy your pass before tomorrow, never fear.  You can purchase a lift ticket for opening weekend and the Season Pass office will credit it towards the purchase of your season pass. Go to www.northstarattahoe.com for more details.

There is some great energy here, make sure you come check it out! Hope to see you on the slopes tomorrow or this weekend enjoying the regions best conditions.

Huge reduction on Great Bear Lodge at Northstar

Here is a dont-miss property!

There has just been a huge $100K reduction on the only 4 BR available in the exclusive Great Bear Lodge in the heart of the Northstar Village! Seller is motivated. This luxury 2,780 sf residence is in like-new condition and has never been rented. Ready to move in now prior to the ski season! The central and convenient location in Great Bear is perfect for skiers and non-skiers alike. This is an end-unit so is very bright and has direct views of the stage and ice skating rink for winter and summer entertainment. Private elevator access, underground heated parking, ski storage and more. If you haven't seen this property and are in the market, make sure you take a look. The ultimate in hassle-free ownership in Northstar. For more information including photos and a floorplan, you can email me at ktyler@tahoemountainresorts.com or call 530-277-1012. 

Click Here for more info

$1,899,000

Northstar News - Fall Properties to Watch!

Check out my newsletter here "Northstar News" with a summer recap and properties to watch this fall and winter!
Lots of buying activity up in North Tahoe this fall at Northstar, Martis Camp and Lahontan!

Just Listed - Distinctive Martis Camp Estate

Just listed by Katie Tyler and Tahoe Mountain Resorts Real Estate for $4,695,000

Tucked in the trees on a spacious and serene 4 acre site, this magnificent custom estate property at Martis Camp is like nothing you have ever experienced. From the moment you walk in the door, you will notice the meticulous attention to detail and craftsmanship throughout the home. Almost everything you see has been handcrafted with the use of local and reclaimed materials. You will not find these details replicated anywhere-making this a truly unique home.

Each room has its own story, from the massive reclaimed wood beams whose origin was circa 1880’s homesteads and barns in the Mt. Shasta area. The solid native Sierra Sugar Pine doors, Wormy Chestnut flooring and heirloom handmade cabinetry and shelving promote a feeling of familiarity, like the home has been around for generations even though it is brand new.

The interior presentation of materials in each room will reveal to you a feeling of timelessness while embracing an Old World theme. The essence of this design is captured in the mixed-use of custom handcrafted tiles throughout the home. Inspired by a 14^th century monastery in Barcelona, handcrafted terra cotta tiles greet you upon entering the home. Each bathroom has a theme, for instance the master bath tub face is finished with tiles engraved with intricate medieval deco designs.  It is a pleasure to absorb the feel of each room and appreciate the thought that went into every square foot of this estate.

Beyond the materials used, you will feel the intent of enjoyment and appreciation of a cozy forest retreat in each room. By definition, a retreat is somewhere to get away, or to be removed. I can’t think of a more appropriate place to define the word “retreat” than this home. Each bedroom has its own bath, there is a place for everyone to have some quiet time or to gather depending on the mood. There is no sense of being in civilization, you are surrounded by quiet and forest, with some views of Northstar in the distance.

However, if action is what you want all of the amenities at Martis Camp can be accessed just by taking a short walk out your door. In less than a minute, you can enjoy the putting park, 5 minutes will get you to the Barn and fishing pond. A shuttle can pick you up at your door and take you to the lodge at the base of Lookout Mountain for a ski day in less than 10 minutes. It truly is the best of all worlds.

$4,695,000

4BR/7 BA

4,325 SF

http://Click Here for more details on this property

Huge $50K reduction on Village Walk #9

It’s time to re-visit Village Walk at Northstar!  

Fall is around the corner, do you know where you are going to spend your winter?

Welcome to the only gated townhome community in the Northstar area. If you haven't already, make sure to take a look at 7231 Larkspur Court (#9) because the price was just reduced by $50,000!  This spacious turn-key 4 bedroom, 4.5 bath ski retreat is a perfect place to create memories and family traditions. With access to the private ski storage/valet located just  just steps away from the gondola at the Northstar Lodge Hyatt, skiing with the whole family can be fun again! And, #9 has the most private location of any of the homes at Village Walk, it's ready for you to move in now.

When you own at Village Walk, the days of finding a parking space or schlepping your skis are over!  Imagine how convenient and easy your ski vacations become with a home at Village Walk.  When the mountain is closed, the fun isn't over – the Village at Northstar has everything from good restaurants to ice skating,  shopping, entertainment, marshmallow roasting and there is always something to do. And in the summer, the outdoor options are endless with hiking and biking trails right out your door. 

It is all about location!  At Village Walk , you will appreciate the beautiful high-end finishes and custom design touches that differentiate this home from any other option in the Village.  Village Walk has the feel of a single family home including a 2 car garage, additional parking spaces in the driveway for guests, oversized bedrooms (all ensuite), wrap around patio and multiple decks.  The very best part of all… after a long day out hiking or on the ski slopes – your very own private hot tub! 

Click Here for more info...

Now offered at $1,875,000

"Wine On The Water" at The Hyatt Regency Lake Tahoe

If you will be in the Tahoe area this weekend and are looking for something to do, don't miss this amazing event.
The Hyatt Regency Lake Tahoe is hosting the Wine on the Water event benefitting the Boys and Girls Club of North Lake Tahoe this Sunday, August 19th. Tickets are only $65! You can buy tickets online Here.
You couldn't ask for a more beautiful setting, the event is right on one of the best beaches with Lake Tahoe as a backdrop. Some of the finest California wineries and local chefs are participating, and there is a raffle/auction with some really great prizes.
I have been on the board of directors for the BCGNLT for several years and can say that they really are doing some great work in this area with kids and teens. The staff and the programming at the Club are unmatched and we are all very lucky to have a place like this in our community for the kids to go and be supported. For more information on the Boys and Girls Club, please  Click Here.
Don't miss this opportunity for good food and good wine at an amazing venue for a great cause. See you there!

The fabulous Lakefront life...

The real estate profession has given me access to see a lot of amazing lakefront homes both on and off the market and I appreciate the diversity of the regions around the lake and homes within those regions. That is the lens that I have been using to view the lakefront life.

I am fortunate enough to have been staying in a lakefront home in Carnelian Bay for the week with my in laws who rented it, and I can say the lakefront life is bliss.

Living or visiting the Tahoe area, most of us get to enjoy the lake from afar or for a day trip visit which is very special. However, a typical trip to the lake includes prep at home, driving, traffic, parking, finding a beach/boat launch (limited), situating for your activity of choice and then packing it all up to go home again. It is usually worth it but definitely a lot of preparation and often you need to bring a lot of extra patience as well. This leads many people to believe that the lake is too crazy, crowded and congested in the summer which is often an objection I hear when I have clients considering living at or near the lake.

After spending the first few days at my new temporary lakefront address, the convenience is much better than even I imagined. I can say with full confidence that it is a different world when you can wake up at 5:45, watch the sun come up (magical-see photo above), put on your swimsuit, walk out the door and go paddle boarding for 2 hours. I am here on a busier weekend in mid "crazy" summer, and there were barely any boats in the water until about 11:00 AM. That gave me about 2 hours to paddle, come home, pick up some late risers from the house and go out and wake surf on glass water for another 2 hours before the masses can get it together and get out on the lake. By that time, it is lunch on the deck, drying off on "our" dock in the sun and planning the fun for the rest of the day. There is absolutely nothing to stress about except whether your swimsuit will dry or if you should just grab another one.

There is no awareness of traffic, parking, "schlepping" to find a spot on a beach, it is all just right in front of you waiting for you to take advantage of the day. The "busyness" is all happening out your front door, but out your back door a whole new reality of possibilities await. We don't go wait in line to get a table at a crowded lakefront restaurant (with all due respect to the Garwoods Wet Woody and the Sunnyside Mai Tai), we just sit on our deck, or look out our enormous picturesque windows at the panoramic lake landscape. Then its out for another round of lake fun, the kids are refueled, inflatables ready.

The evenings are enchanting after the wind dies down, the boaters go home, the alpenglow appears and you can watch the whole scenery morph with the end of the day and the setting of the sun. (Also another great time to hop out your door for a quick paddle or ride session off of the boat). Fantastic California wine and apps on the pier, good food, good company, it truly is the good life. And so relaxing.

Now, I often get asked by my clients if the high price tag of the lakefront home is worth it? Absolutely, without question. I'll say it again, this is the good life. And there are very few who are lucky enough to be living it lakefront style.

There is a reason for the premium you pay, there is no other Lake Tahoe, available properties to buy are limited, this location will always be desirable. And with prices better than ever and interest rates lower then ever it's time to jump in! (Literally)!  If you can afford it. For now, I will continue to pretend that this is my life for the rest of the week, play the lottery, and enjoy my new-found perspective, and live vicariously through other people's lakefront properties.

Cheers! My boat awaits...

Don't miss these properties over 4th of July

Don’t-miss properties for 4^th of July:

Now that summer is full swing with 4^th of July around the corner, the North Tahoe real estate market is expected to heat up.

We really didn’t have a winter to speak of so there have been some really great properties just sitting and waiting for buyers to come take a look. That being said, some sellers are getting antsy having had little or no activity on their properties in the past 6 months, and we will see a lot of significant reductions in the next week. They want to refresh their listings and show movement to attract attention to their properties during this time where so many people are expected to be in town.

Even if you like a property that has not been recently reduced, don’t despair. There is another line of thought out there: Sellers don’t want to negotiate against themselves through an unwarranted reduction. Meaning if the buyers simply have not been here to see the property (as has been the case this year), there may not be a price objection. It is more an issue of buyers just not being in town to property shop. By keeping their prices higher and waiting for an actual offer, the seller can leave themselves more room to negotiate when the “real deal” comes along.

As the summer progresses we will expect to see more incremental reductions across the board from motivated sellers. They may not want to hold their properties through another winter and will be ready to make a deal!

So if you are in the market, now is the time to start really keeping an eye on the properties/communities where you want to be. The deals are there, waiting for the right buyers and a lot of these sellers are ready to talk.

Here are some big reductions on fantastic properties that have/will post this week:

MLS 20120221

13121 Lookout Loop

$200K reduction to $2,599,000

MLS 20112695  

5001 Northstar Drive

Great Bear Lodge #201

$200K reduction to $1,999,000

Other “don’t miss” opportunities waiting for buyers now:

MLS 2803488

14049 Trailside Loop

Spacious 4 BR/4.5 BA 3500 sf exquisite on mountain retreat. Hiking, skiing, biking right out your door and just steps to the Ritz-Carlton. Competitively priced at $2,249,000.

MLS 20113027

7001 Northstar Drive #307

One of the larger 2 BR condominium residences with 2 masters (ensuite baths) and an extra ½ bath. Views of the slopes and Big Springs gondola off your balcony. Designer furniture package, a very desirable residence!

$899,000

MLS 20120735

8208 Valhalla Drive, Lot 185 Martis Camp

Just recently reduced, this site is located at the end of the practice area in a sought-after and established neighborhood within Martis Camp.  Level, views of Northstar and very bright southern orientation.

$799,000

Spring Newsletter w/ Great Market Insights!

Check out my spring newsletter, Northstar News-April 2012.

There are some great market insights, especially after the anti-climactic winter that we had. I think that we are bound to have a very active summer and fall with fast moving inventory and buyers ready to make decisions on properties quickly.

http://www.tahoemountainresorts.com/Resources/Images/Email/Global_Images/nnews_April12_master.html

Good press for Vail Resorts, KSL and Tahoe

It seems like there has been an awful lot of media attention focused on Tahoe with the money going into the major Tahoe resorts via Vail Resorts and KSL. With the announcement last week that Vail Resorts is acquiring Kirkwood, it is apparent that Tahoe is well on its way to being the next major world class ski destination.

Some people have mixed feelings about this, which is understandable. There is a certain charm to the smaller resorts and the non-megaresort feel. However from the economic standpoint for jobs, tourism, and responsibly managed development, it is fantastic news.

I was born and raised in Colorado and I get the vision of what is trying to be accomplished here and am very excited about the confidence in the area and the changes. I think the end product will be very good overall.

That being said, here is an interesting article from the Denver Post this morning about the "elevation" of the Tahoe resorts by Colorado companies.
Enjoy!

http://www.denverpost.com/business/ci_20042333#.T0owDElBnd0.mailto

Real Estate market recap for 2011

Check out my Newsletter "Northstar News" from January for a recap of the 2011 real estate market and some great deals!

http://tinyurl.com/87atnc3