Alpine Meadows, CA

Alpine Meadows, California Real Estate Market Report – Year End Review 2011

Alpine Meadows, California is located approximately 5 miles north-west of Tahoe City (North Lake Tahoe), or 12 miles south-west of downtown Truckee, California off Highway 89 South.

Alpine Meadows is a small ski resort area that is just south of Squaw Valley, California, home of the 1960 Winter Olympics. Alpine Meadows is known for its casual, low-key atmosphere and beautiful mountain setting.

This small community is a mix of smaller, older, Tahoe cabins, along with larger, newer luxury mountain homes, along with several condominium developments. Currently there are approximately 462 single family homes, 130 condominiums, with a year-around full-time populations of about 500 people**.

While Alpine Meadows is known for its great winter skiing and sports, a number of the Alpine Meadows property owners are also members in the Alpine Springs Community Park which provides great summer activities such as a swimming pond and beach area, BBQ area, tennis courts, and volleyball court area.

Residents and second home owners in this community love the mountains and enjoy being close to the Alpine Meadows Ski Resort. This is a great area to have a vacation-resort second home because it gives owners some distance from commercial development, yet it is close enough to still enjoy all that Tahoe City and Lake Tahoe has to offer such as boating, hiking, biking (dirt and paved trails), tennis, golf, skiing, shopping, and restaurants.

Sold Single Family Homes in Alpine Meadows, California:

There were 19 single family homes sold in Alpine Meadows, California. Home prices have dropped by -18.6% this year. Cash sale transactions have increased to almost 1 out of ever 2 sales, or 42% of the Alpine Meadows home market. The current absorption rate is at 10 months, which indicates a buyer's market.

Distress sales (bank foreclosures- real estate owned (REO’s) and short sales) accounted for 16% of all homes sold in 2011, which is an improvement over 2010 distressed levels.

There were 5 Active – available homes for sale in the Alpine Meadows area as of 01/09/2012. They ranged in price from $574,900 to $799,000. Of the 5 homes offered for sale there were no short sales or REO listings, which may be a sign that the market is stabilizing.

There are two sales pending in this exclusive ski area ranging in listed price from $100,000 (collapsed home that needs to be removed and can’t be considered a lot due to the structure on it) to $419,000.

Click here if you want to see what Alpine Meadows, California homes and cabins are for sale?

Click here if you want to see what Alpine Meadows, California condos are for sale?

Alpine Meadows, California Real Estate Summary for Sold Single Family Homes:

*YTD period is 01/01/2011 – 12/31/2011.

If you’d like more Lake Tahoe – Truckee, California real estate information, read Tahoe Laura’s Luxury Homes most recent real estate newsletter.

For all of your Tahoe real estate needs - Laura Allen, Broker Associate, REALTOR®, CRS, ABR®, RSPS, ePRO, Previews Property Specialist, DRE# 01473598, 530.414.1260, www.TahoeLauraLuxuryHomes.com Laura@TahoeLaura.com, Coldwell Banker Residential Brokerage, Tahoe City, California.

· * Note: Year-to-date summaries are based on information from the Tahoe Sierra Board of Realtors (TSMLS). Due to TSMLS reporting methods and allowable reporting policy, this data is only informational and may not be completely accurate. Therefore, Laura Allen, or Coldwell Banker Residential Brokerage does not guarantee the data’s accuracy. Data maintained by the TMLS's may not reflect all real estate activity in the market. All information is deemed to be reliable, but is subject to change and/or correction without prior notice. Data Source – Tahoe Sierra Multiple Listing Service (TSMLS). If your property is currently listed for sale, or you have an active Buyer Representation Agreement, this is not intended as a solicitation.

· ** ^"Wastewater Services". Alpine Springs County Water District. http://98.129.89.114/tahoe/478/site/graphics/pdf/WastewaterServices.pdf. Retrieved 30 November 2011.

Alpine Meadows, California Real Estate Market Report - 3^rd Quarter 2011

Sold Single Family Homes in Alpine Meadows, California:

The Alpine Meadows, California single family home prices have dropped by -27.9% this year, and will most likely fall short of the 19 homes sold in 2010. Cash sale transactions have remained steady at 1 in every 3 sales, or 30% of the Alpine Meadows home market. The number of homes going into escrow with in the first 30 days of being listed in the Tahoe Sierra Multiple Listing Service (TSMLS) has increased to 1 in every 4 sales. Distress sales (bank foreclosures- real estate owned (REO’s) and short sales) accounted for 23% of all homes sold in 2011.

There were 7 Active* – available homes for sale in the Alpine Meadows area as of 10/29/2011. They range in price from $419,000 to $675,000. Of the 7 homes offered for sale there were no short sales or REO listings, which may be a sign that the market is stabilizing. There are three sales pending in this exclusive ski area ranging in listed price from $100,000 (collapsed home that needs to be removed and can’t be considered a lot due to the structure on it) to $649,000.

Want to know what Alpine Meadows homes are for sale? Click here!

Alpine Meadows Real Estate Summary for Sold Single Family Homes

*YTD period is 01/01/2011 – 09/30/2011. *Active listings totals do not include “active contingent” listings.

Sold Condominium / Townhome in Alpine Meadows, California:

The Alpine Meadows, California condominium /townhouse real estate market has declined -24.4% in value this year. The total number of units has already exceeded the sales volume of 2010. Cash sale transactions have increased slightly to 50% of all sales, but the number of condo/townhomes going into escrow with in the first 30 days of being listed in the Tahoe Sierra Multiple Listing Service (TSMLS) has slowed down significantly to just 1 out of every 8 sales. The number of distress sales (bank foreclosures- real estate owned (REO’s) have dropped significantly to only 25% of all sales over 2010 distressed sales volume of 57%.

There were 7 Active* – available condominium / townhomes for sale in the Alpine Meadows area as of 10/29/2011. They range in listed price from $249,000 to $890,000. Of the 7 condos offered for sale, none are short sales, or REO listings. There are no condominium pending sales in the Alpine Meadows market as 10/29/2011.

Want to know what Alpine Meadows active condominium / townhomes are for sale? Click here!

Alpine Meadows Real Estate Summary for Sold Condominiums / Townhomes

*YTD period is 01/01/2011 – 09/30/2011. *Active listings totals do not include “active contingent” listings.

If you’d like more Alpine Meadows home, condo, or lot real estate market data, or information on the Lake Tahoe – Truckee, California real estate market, read Tahoe Laura’s Luxury Homes most recent real estate newsletter. If you’d like a copy emailed to you write me at Laura@TahoeLaura.com and insert "newsletter' in the subject line.

For all of your Tahoe real estate needs - Laura Allen, Broker Associate, REALTOR®, CRS, ABR®, RSPS, ePRO, Previews Property Specialist, DRE# 01473598, 530.414.1260, www.TahoeLauraLuxuryHomes.com Laura@TahoeLaura.com, Coldwell Banker Residential Brokerage, Tahoe City, California.

Note: Year-to-date summaries are based on information from the Tahoe Sierra Board of Realtors (TSMLS). Due to TSMLS reporting methods and allowable reporting policy, this data is only informational and may not be completely accurate. Therefore, Laura Allen, or Coldwell Banker Residential Brokerage does not guarantee the data’s accuracy. Data maintained by the TMLS's may not reflect all real estate activity in the market. All information is deemed to be reliable, but is subject to change and/or correction without prior notice. Data Source – Tahoe Sierra Multiple Listing Service (TSMLS). If your property is currently listed for sale, or you have an active Buyer Representation Agreement, this is not intended as a solicitation.

2265 Bear Creek Drive, Alpine Meadows, CA 96146 Offered at: $950,000

Short sale pricing is now available on this beautiful custom log home in the Bear Creek subdivision within Alpine Meadows. This home was originally listed for $1.95M and the current pricing showcases the amazing opportunity that this home presents.

The Bear Creek lodge is set among the towering pines in the exclusive Bear Creek Subdivision in Alpine Meadows just 1/2 mile from the Alpine Meadows ski area. This setting is perfect for avid skiers, hikers, mtn bikers and outdoor enthusiasts as the ski resort is just up the road and hundreds of miles of hiking/biking trails can be accessed within a 1/2 mile of your front door.

Huge custom logs were imported to create the rustic Tahoe character that defines this beautiful Alpine home. From the moment you walk through the door you will be blown away by the high quality finishes of this large mountain home. With 3,400 sqft of living area this 4 bedroom lodge has plenty of room for family and friends creating the perfect setting for lasting memories. With 2 generous master suites guests are ensured a private and relaxing stay. Bathrooms are well appointed with flagstone flooring, Silestone countertops, pine cabinetry, and custom showers. The expansive living room is perfect for relaxing by the fireplace after a long day of skiing powder at Alpine Meadows and the family room is a great space for the kids to have fun playing games while the rest of your guests reminisce about how much fun was had during the day.

The large chefs kitchen is an entertainers delight and high quality materials adorn this fantastic space. This magnificent kitchen features granite slab countertops, pine cabinetry, cooking island, breakfast bar, cabinet faced and stainless steel appliances, a breakfast nook, and is sure to be the center of all gatherings. If you are looking for a home with classic Tahoe character the Bear Creek Lodge is a must see property. With its high quality finishes and detail not often seen in homes priced below $1M this property will surely stand above the competition. Lets talk today about this fantastic listing and other real estate opportunities in Truckee and North Lake Tahoe.

Best regards, Dave