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Listing
You asked for it! Affordable Luxury Lakefront living perfectly located in South Lake Tahoe. This is the perfect getaway location in Tahoe and great rental income potential. Minutes away from Skiing, boating, golfing, hiking, biking and much more! This amazing lakefront town home is located in the exclusive Sierra Shores gated community, with manicured grounds, pool, spa, fitness room, full time innkeepers and 270 feet of sandy private beach. Enjoy stunning lake views on the deck in an alpine setting. 

Features include, 17 foot ceilings, slate fireplaces, stone slab counters, hardwood floors, Viking professional appliances, steam shower, whirlpool tub, hydronic in-floor heat, central air conditioning, wood clad windows, cherry cabinetry, enclosed heated garage. All the designer furnishings included.

Click the image below to view a video virtual tour of the property:



3371 LAKE TAHOE BLVD., UNIT 8
South Lake Tahoe, CA 96150
4 Bedrooms / 4 Bathrooms
3,327 Sq. Ft. Living Space
Listed at $1,990,000

QtrSales

South Lake Tahoe, California
All Single Family Properties, Excluding Lakefront:
Median price $450,000, up 9%
Average sold price $531,647, up 12%
Days on the market 126 days, down 10%

East Shore, Nevada
All Single Family Properties, Excluding Lakefront:
Median price $785,000, up 5%
Average sold price $1,095,804, up 18%
Days on the market 243, up 8%

Incline Village, Nevada
All Single Family Properties, Excluding Lakefront:
Median price $1,080,000, up 10%
Average sold price $1,389,608, up 25%
Days on the market 283, down 21%
Condos:
Median price $430,000, up 10%
Average sold price $459,459, up 16%
Days on the market 150, down 15%

North Shore, California
All Single Family Lakefront Properties:
Median price $4,537,500, up 80%
Average sold price $3,350,000, up 80%
Days on the market 88, down 61%
All Single Family Non-Lakefront Properties:
Median price $690,000, up 32%
Average sold price $715,435, down 1%
Days on the market 73, down 26%
Condos:
Median price $390,000, up 32%
Average sold price $512,426, up 82%
Days on the market 104, down 26%

West Shore, California
All Single Family Lakefront Properties:
Median price $5,750,000, up 15%
Average sold price $8,282,600, up 61%
Days on the market 104, down 25%
All Single Family Non-Lakefront Properties:
Median price $540,000, down 9%
Average sold price $646,416, down 6%
Days on the market 105, down 5%
Condos:
Median price $825,000, up 139%
Average sold price $887,982, up 75%
Days on the market 131, down 22%

LakeLevel
Lake Levels are the Highest in 11 Years

Tahoe is brimming, nearly full for the first time in 11 years, and stunningly beautiful in all its blue-water glory.  This past winter, the Sierra snowpack was among the largest in recorded history. And then the hot weather hit, and the snow began to melt.  

When the first heat wave of the season hit in mid-June, more than 12 billion gallons of water flowed into the lake in a single week. Between June 16-23, the lake level rose four inches despite increased evaporation rates from the surface due to the heat. Water managers have been releasing water from the lake into the Truckee River throughout the summer to make roof for snow-melt runoff. To understand the significance of a four-inch gain in a week, consider that during the spring snow-melt season of 2015, the lake only rose 2.5 inches over several months.   Just look at the video below of the shoreline from September 2015, and see the dramatic difference in lake level.

Lake Tahoe Shoreline - September 2015
Lake Tahoe Shoreline - September 2015

On July 9, the lake level peaked at 6,229 feet, a tenth of a percent below the point when it reaches full capacity. The last time it reached near full capacity was 11 years ago. This is a huge milestone for a body of water that flirted with record-low levels amid a five-year drought. In the years of low precipitation, Tahoe's level dropped, creating massive beaches. Boat docks sat high and dry on these vast swaths of parched earth. 

This summer many of those low-lying areas that were uncovered are under water and the boats are bobbing in crystal blue waters again.  But Tahoe's water level is slowly going down by .12 to .24 inches a day. The amount of water going into the lake is now less than the amount of water going out.

No matter, the lake is gorgeous, and we hope readers will come up to enjoy its crystal blue waters this summer. And while you are in Tahoe, contact  Dan Spano to find your perfect Vacation Home at the lake.


Events
Upcoming Events around Lake Tahoe

No shortage of events around Lake Tahoe. Come check out what everyone's talking about.

6:00PM  Live music, tiki bar, great food, & traditional hula dancing.  Fun for all ages.

A full weekend of family friendly entertainment including a carnival midway, performers, car show, art show, & two live music stages.


Vintage and muscle car show, trophies, poker run and sidewalk sale.

The California Department of Fishing & Wildlife offers two free fishing days each  year.  On these days, you can fish without a sport fishing license. 

9:00PM  Extreme Midget Wrestling "Tahoe Grudge Match" at Blu Nightclub.  Join us for a night of exciting entertainment.  General admission 21 & over.

7:00PM  Country music signing sensation Margo Price will open the shows both nights for Eric Church.  Purchase tickets at Ticketmaster.com & ApeConcerts.com.

4:30PM-9:00PM  DJ, Vendors, Food Trucks, Beer Garden, Bike Valet
8:30PM-9:00PM  DJ, Laser Show, Wave Runner Glow Show

One of Lake Tahoe's premier gourmet events featuring three days of cooking demonstrations, culinary competitions, wine tastings, a Farm to Tahoe dinner and more.


How to Find Your Home in Lake Tahoe
 
 
Besides the easy to use search page on our website, here are some other ways you can find a Lake Tahoe home to invest in:
  1. Sign up for email notification so you'll know the minute a home is listed.
  2. Call me directly at 530-541-2465 or email Dan
  3. Search all homes for sale around the lake. Our website makes it easy to search for homes that match your criteria.
  4. Sign up to receive my Lake Tahoe Newsletters. 
  5. Read all of my previous newsletters.

Thank you, 

Dan Spano, Managing Broker 
Sierra Sotheby's International Realty - Heavenly Village Office
CalBRE Lic # 1187931/NV Lic # 26236
                                                 
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