Lake Tahoe Lots Under $150K
The number of homes for sale at Lake Tahoe and Truckee has dwindled because of the strong demand. Home values are climbing at rates we have never seen before.
With such a large feeder market in the Bay Area and Sacramento, the shelter in place order has led many buyers to re-evaluate quality of life. Buyers are choosing to buy resort properties as their primary residence and commute to the city during the week.
This trend has also created a boom in available lots for sale in Lake Tahoe and Truckee. We are suddenly seeing the sale of lots that have been on the market for many years. Areas north of Truckee are also seeing a spillover in lot purchases in Sierra and Plumas Counties.
Lot sales are just starting to enter a hot market, which provides tremendous upside potential for investors. If your idea of living in Lake Tahoe and Truckee includes the opportunity to build your dream house, now is the time to buy.
There are currently 30 lots in Lake Tahoe available at over $1 million. From $750,000 to $1 million, there are currently 10 lots for sale. We have 24 available lots ranging from $500,000 to $750,00, and 49 lots available between $250,000 and $500,000.
The large majority of lots available for sale in Truckee and Lake Tahoe are priced between $150,000 and $250,000. This is probably the last opportunity to find an available lot for sale in Lake Tahoe and Truckee for under $150,000.
Below are a few available lots that offer the greatest value. Some have septic installed, while others offer a great investment opportunity. All are excellent entry-level opportunities to buy a quality lot at an affordable price. Click the address to view additional information.
Great Views and Septic Installed
11809 River View Court Truckee
If your dream home includes mountain living and river access, this is the perfect home site. This south facing parcel has Northstar views and a is a quick walk to the Truckee River. Enjoy shopping and dining in the quaint shops of downtown Truckee. A septic system is already installed for a 3 bedroom home, streamlining the home building process. With low elevation, excellent exposure and filtered mountain views of Northstar, this home would be an excellent candidate for a passive solar design or solar panels. This lot runs from River View Court to Glenshire Drive and is listed at $125,000.
Perfect For the Investor
This is an excellent lot for a developer and offers seller financing. However, this is just one of 4 adjacent lots on the East side of Northwoods Blvd. Each are zoned for up to 8 dwelling units, so this is definitely more of an investment opportunity. Its location and low elevation could make this the perfect opportunity for an investor and is available at $125,000.
Golfer's Dream Lot
This .32 acre lot is perfect for golfers and is located in Gray's Crossing. Building your home in this development gives you access to Gray's Crossing state-of-the-art fitness center & family pool, PJ's Bar & Grill, and an 18-hole Peter Jacobsen golf course. Owners gain easy access to biking & hiking via the community trail system which leads all the way to downtown Truckee and is listed at $135,000.
Affordable and Spacious
Another great purchase is this large, level and nicely treed Pine Forest lot on the north side of hwy 80. This is an almost flat .72 acre homesite with all utilities at the lot. The Pine Forest neighborhood is located just minutes from I-80 and area ski areas, and golf courses. Close to historic Truckee's downtown area, it offers easy access to dining and shopping. Available at $149,000.
There are many lots available for sale in Lake Tahoe and the surrounding areas that are perfect for any budget. Since available inventory for pre-existing homes is at an all time low, I expect to see the amount of available lots for sale drop dramatically over 2021.
I can help you understand the home building process and suggest builders who can create the perfect mountain retreat. Contact me today to learn more information and to safely view available listings.
I look forward to helping make your dream of owning a home at Lake Tahoe a reality.
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