The Ritz-Carlton, Lake Tahoe

The Ritz-Carlton, Lake Tahoe

The Ritz-Carlton, Lake Tahoe is nestled at the heart of Northstar mountain, surrounded by giant pine trees, ski runs and stunning views in every direction. There are options to own a condominium residence, to stay as a guest in the hotel, or to come visit this inviting iconic property for a day trip or evening dinner. Just being at the Ritz-Carlton, Lake Tahoe is a delightful adventure in itself as there are always many fun activities planned each season, all year long.

This winter, the Ritz-Carlton hosts "Marshmology, the art of the S'more" every day between 4:30pm and 5pm on the ski deck. This complementary event provides house-made marshmallows and all the fixings for a truly unique s’more.


Also on the deck each afternoon from 12pm – 5pm is a raw bar featuring shrimp cocktail, oysters on the half shell and ceviche. A perfect pairing with Moët & Chandon for a cheers to another unforgettable spring day on the slopes.


A can't-miss dining experience is the renowned Manzanita Restaurant for lunch, brunch or evening fine fare and cocktails. Sunday Brunch features a chilled seafood display, carving station along with signature dishes that are unforgettable. For dinner, with advanced reservations indulge in a chef’s menu with a culinary journey and personal interrelation with the chef Stephen Toevs at Manzanita. Some more scrumptious options include the Backyard Bar & Grill (outdoor deck dining/apres ski), The Living Room (casual setting surrounding the fireplace) and Café Blue (coffee and light fare).

There is plenty to explore for visitors of all ages. The kids are sure to have fun with games like "Where Is The Bear", a hunt for the a stuffed teddy bear or the scavenger hunt, a hunt for specifics around the hotel.  Kids will have a fun filled task to search the building for treasure to win a prize.  Ritz Kids is always available for all day, 2 hours or anything in-between.  Kids will engage in activities that encourage interaction with the mountain setting in a fun and creative way.  On Fridays, complimentary popcorn and beverages are served which is perfect to fuel up before the whole family converges at the arcade for pinball, basketball games, air hockey or Guitar Hero.


Don’t miss a trip to The Ritz-Carlton, Lake Tahoe next time you are in town.


Click here for more details on The Ritz-Carlton, Lake Tahoe events.

Katie Tyler

Realtor®

BRE 01442453

c 530 277 1012 

  

Spring on the Slopes

Spring on the Slopes

Love spring skiing? The resorts will be kicking up the fun with some fun and unique springtime events.  Mix in a summer sport with the snow and skis and be prepared for some unforgettable moments. 
  

Ski or snowboard down a slope and across the pond and hope to make it all the way to the other side before sinking into the water.  The more outrageous the costume you wear while doing it, the better!  If falling into the ice water isn't appealing, spectating is equally as fun. Bring your cowbells, yells, shouts and good spirits.  Check it out at Squaw Valley and Northstar. 

Pond Skim – NorthstarSaturday, April 1, 2017

Cushing Crossing – Squaw ValleySaturday, April 22, 2017

Nine holes of golf on a course that is only open once a year?  That’s right, Alpine Meadows will hold the 34th Annual Snow Golf Tournament.  The nine hole golf course starts at the top of Summit Express Chair and meanders its way down the mountain with the last hole bringing competitors back to the bottom of Alpine Bowl Chair.  Go ahead, try something new!  
  

Northstar has the first two weeks in April packed with summer on the snow games.  Get your team of 4 together for a snow volleyball tournament or enjoy free play after the tournament on Saturday, April 8th.  The next weekend spend your ski breaks playing snow horse shoes or bocce ball by the Summit Deck and Grill.  All week long face painting and balloons will make the springtime at Northstar fun for everyone. 


Spring It On! NorthstarSaturday, April 1 – Saturday, April 15
Spring is here and when the sun is out the best days of the season are ready to be enjoyed on the slopes. 

Katie Tyler

Realtor®

BRE 01442453

c 530 277 1012 

Market Update: Spring 2017

Tahoe-Truckee Market Anticipates A Strong Spring

As winter turns to spring, resort real estate sales activity typically gains momentum.  Seeds of interest sewn from family vacation in December, January and February will often turn to reality with March escrows and April closings. The extraordinary snowfall from this winter has brought with it a surge in visitation to the region and a proportionate interest in real estate offerings.

Through March 15, Northstar, Alpine Meadows and Squaw Valley have combined for 42 residential transactions, exceeding recent seasons by a substantial margin. Moreover, consumer spending has increased along with the volume of snow as consumers opt for more luxurious resort offerings. The average sale is 32% higher in Squaw Valley than over the same period last year. 21% at Northstar signaling a willingness to spend on premium offerings, whether slopeside accommodations or simply more grand residences.

Similarly, inventory levels are very moderate as would-be sellers enjoy the utility of their real estate and, in many cases, a weather-driven surge in rental revenue.  Northstar Village currently stands at just 5 months’ supply; a far cry from the typical 12-month absorption. Squaw Valley offers similarly constrained residential offerings with less than 3 quarter’s supply available.

A prolonged spring will allow the local market to avoid a seasonal dip during the shoulder season. Expressions of interest and showing activity are on a dramatic upswing with clear skies and open roads make unchallenged access for consumers.

  

Katie Tyler

Realtor®

BRE 01442453

c 530 277 1012 

 

Winter Wondergrass Tahoe Festival

March 31 – April 2, 2017

Winter Wondergrass is a fun filled 3 day weekend packed with live music, craft beer, wines, spirits and good vibes. Located at the base of Squaw Valley under the towering tram face, there will be an outdoor main stage and two heated side stages. The event features amazing bands like Greensky Bluegrass, Yonder Mountain String Band, and locally raised Dead Winter Carpenters and many more. Need a break from all that dancing? Sit back and enjoy beer sampling from over 15 California breweries daily from 2pm – 5pm. Local food vendors will be serving up everything from vegetarian fare to BBQ. This is not only for adults, there is a kid tent that will have face painting, hula hooping and an ongoing dance party.
 

   

Some additional events worth checking out are "Tram to Table" and "Grass After Dark". Tram to Table includes a live band in each tram car for the trip up to High Camp during cocktail hour and includes a locally sourced family meal up top with more live music. Truly a unique experience with breathtaking views everywhere you look. Grass After Dark consists of later night bluegrass shows at smaller venues both at Squaw Valley and Tahoe City.
 

Now in it’s third year, Winter Wondergrass has a heavy emphasis on sustainability and zero waste along with supporting local nonprofits. This was a sold out event the last two years and just keeps getting better. Mix and match the events or participate in the whole weekend but get your tickets now!

Click here for more information.

Katie Tyler

Realtor®

BRE 01442453

c 530 277 1012 

 

Record Breaking Winter 2017

Record Breaking Winter 2017

Snow, snow and more snow is whats on everyone’s mind here in Tahoe. With a record breaking January and resorts around Tahoe passing 600 inches this week, we have been blessed with our fair share of white gold. Squaw Valley has announced that they will now be open through July 4, 2017 for skiing. This will mark the 4th season that Squaw has been open for Independence Day, the last year being 2011. Mount Rose and Sugar Bowl have the most snow reported in the region with 680 inches for the season so far at Mt. Rose and 679 inches at Sugar Bowl. There is much talk about breaking 700 inches by the end of March.
 

SEASON TO DATE SNOWFALL TOTALS (3/7/17)
Mt. Rose Ski Tahoe: 680 inches
Sugar Bowl: 679 inches
Donner Ski Ranch: 670 inches
Squaw Valley: 623 inches
Boreal Mountain: 620 inches
Soda Springs: 620 inches
Alpine Meadows: 617 inches
Northstar California: 607 inches
Kirkwood Mountain: 601 inches
Heavenly Mountain: 600 inches
Sierra-at-Tahoe: 537 inches
Homewood Mountain: 525 inches
Tahoe Donner: 499 inches
Diamond Peak: 446 inches

How does this compare to years past? The winter is far from over and the statistics are considered unofficial but this could be an all-time record winter by the time the last snowflake falls. For example, the last “big” winter was 2010-11. Squaw Valley recorded 810 inches of total snow at 8,000 feet by the end of the '10-'11 season. As of Tuesday, Squaw Valley has a cumulative total of 623 inches already with 3 full months left until the end of the season. Northstar California reported 189” of snow for February alone, more than the 2015-16 season total.

Stormy days, rainy days, windy days and best of all blue bird days have all been a big part of this winter. It hasn't been all bliss with challenges like frequent power outages, school closures, flooding and a lot of snow removal. But, the incredible ski days make up for any inconveniences. The seemingly bottomless snow has covered Tahoe's forests offering endless options to roam in any direction on your nordic skis, snowshoes or on a snowmobile. The season so far has been full of stories that will all contribute to the legendary winter that is underway.

Keep it all coming Old Man Winter. It has been a wild ride and it’s not over yet!

Katie Tyler

Realtor®

BRE 01442453

c 530 277 1012 

 

March, 2017 Tahoe-Truckee Market Update

Tahoe-Truckee Market Update

March, 2017 

Images of 30 foot snowbanks and charts showing near-record breaking snowfall have been plentiful in 2017. Less obvious are the near and long term economic impacts. It is both obvious and correct to assume that snowfall creates demand for mountain, and specifically, ski properties, however the volume with which snow has fallen this year has disrupted the normal rhythm of the Tahoe-Truckee real estate market.

A typical winter will see a gradual progression of transactions at the start of the calendar year surging upward toward the end of February and continuing through the traditional end of ski season in mid-April. With the record snowfall, Northstar, Squaw Valley and Alpine Meadows have already committed to extended lift operations that will keep consumers in the marketplace longer than typical. This will likely prolong the spring selling season into a smooth transition with summer visitation.

Travel restrictions, power outages, and managing copious amounts of snow delayed the shopping process for many consumers through January resulting in somewhat lackluster closings in February. Nevertheless, lagging sales should not be taken as a negative indicator of market demand. Rather, environmental conditions including prolific volumes of snow have deferred much of the transaction activity until further into the winter and spring.

While the overall volume of transactions was limited, the composition of these sales provides insight into the overall demand for Tahoe real estate. Of the 69 sales, 15 were in the “luxury” category (over $1,000,000) representing 21% of all sales. This number exceeds the 18% for luxury sales in all of 2016 and a major premium over the 14% in 2015.

Further, of the luxury sales, all but 2 were found in resort communities at or surrounding Northstar. The various communities within Northstar saw 10 transactions including a strong surge of activity at Northstar Mountainside as consumers recognized the value in slopeside living. Even within the resort, volume was compromised by the conditions detailed above however premium real estate became even more valuable for those who made purchasing decisions.


Through February:

	Total Transactions	Average Price
2017	15 sales	$725,000
2016	21 sales	$630,000
2015	10 sales	$447,250

Further economic benefit from the amazing snowfall of 2017 will be realized as the year progresses. In addition to the obvious surge in demand for skier visit which begets revenue from lodging, food and beverage and other tangential services, summer activity will be similarly enhanced by a full water supplies. Whether lake and river recreation, reduced water restrictions or minimized fire risk, the region promises to have a look of full health for the remainder of 2017.

Katie Tyler

Realtor®

BRE 01442453

c 530 277 1012