Truckee N. Lake Tahoe Price Changes 2006-2011
January 5, 2012
We are having too much fun with this graph business. Have figured out how to use it in Excel. Still crazy after all these years . . .
Seriously though. Look and see what the market has done since 2006 in our area. For buyers who are sitting on the fence — how could NOW not be a good time?
Parking in Truckee Update
October 27, 2011
Recently published in our local newspaper The Sierra Sun, there have been some changes to the Downtown Parking Policy.
Since its origination about 3 years ago, the paid parking in downtown Truckee has continued to be a contentious matter. The tourists don’t like it because it is confusing and expensive, the locals don’t like it because they have never had to pay to park and now they are incensed by the requirement. Downtown employees are stymied by the pay-to-park situation and how that affects their bottom line. Well, over the past year, the town and the townspeople have been carrying on discussions and it seems that they have reached agreement on several new policies that will take effect on November 14, 2011. They are as follows:
1) 2 hours of free parking at the Beacon gas parking;
2) free overnight parking at the Beacon parking lot (6pm to 10 am) — awesome idea for those who find themselves having to take a taxi home after socializing;
3) revised, easier to understand labels on the current parking meters;
4) downtown will carry a flat rate of $1.50 per hour; Jibboom and West River Streets’ flat rate will be $1.00 per hour;
5) when using a credit card with the meter, there will no longer be the $2 mimimum;
6) no more parking at the Old Assumption Catholic Church lot;
7) downtown employees will be allowed to park for free all day with free employer distributed permits.
According to the article in the Sierra Sun, these changes are temporary and will not become permanent until everyone is satisfied that they will work.
13125 Davos Drive, Tahoe Donner – New Listing
June 18, 2011
This Tahoe Donner gem is tucked in the trees in a peaceful neighborhood on Davos. It has been lovingly cared for and shows pride of ownership throughout. The moment you enter you will want to call this “home”! The kitchen features Maple cabinets and flooring and is open to the great room making entertaining a pleasure. Each morning you will be awed by the beautiful days as the master bedroom opens to the rear deck. The third bedroom can also be used as a functional office. You will appreciate the attention to detail that is apparent at every turn making this home in the woods one of a kind! 3 bedrooms, 2 baths and an attached 2 car garage, built by Kurt Engle
Schaffer’s Mill Formerly Known as Timlick
June 18, 2011
Thursday, June 16th the local Real Estate community was invited to a reception put on by the new owners of the property formerly known as Timlick and now re-named “Schaffer’s Mill”. The subdivision is located in the Martis Valley, just the Truckee side of Northstar, on a private road named Schaffer’s Mill Road. There it resides, alongside the two other resort communities: Lahontan and Martis Camp.
Currently there is just one completed home in the subdivision and quite a few luxury town homes. The home is privately owned and is now on the market for 2.2 million dollars. The town homes, which are elegantly appointed, are being sold by the current developer and range in price from 700k to 900k with a 10% “founders’ discount” opportunity offered. Also for sale are the first offering of developed lots which range in price from 230-330k.
I was impressed by the property. The 18 hole golf course which is currently there and open, is a Johnny Miller/John Harbottle design and according to the developer it os one of Golf Week Magazine’s “Top 100 Residential Courses for 2010.”. To the untrained, non-golfer’s eye (mine), it is one of the most beautiful I have ever seen.
We got the lowdown on the amenity package too. Right now the only amenity that has bee installed is the golf course but a lot of exciting promises were made for the near future. The plan is to have a 47′ Yacht on Lake Tahoe which will be at the disposal of the members. There will also be swimming pools, hot tubs, fitness center, restaurant, clubhouse, outdoor pavilion, tennis courts — many other facilities. You might ask, what will this cost? First of all there are 2 packages. The initiation fee for each is $1000 for now. The golf package’s dues are currently $4500 per year and when the club facilities are completed they will raise to $7800 annually. The social membership package dues which will include all amenities except golf, will be $2700 annually once the club facilities are completed. By the way, currently there are plans to have these memberships open to non-property owners.
Of course there are additional Homeowners association dues – $150 per month and if you purchase a town home an additional $350 per month.
If you would like more information on this property, be sure to contact us.
Truckee Redevelopment Makes Loans for Downtown Businesses
June 10, 2011
A trip through Historic Downtown Truckee makes one aware of empty storefronts there. Sadly many businesses have moved on for various reasons not the least of which is the downturn in the economy. In the interest of sparking some sort of enthusiasm towards starting up a commercial venture in the downtown area, the Town of Truckee has initiated a program which will provide low interest loans of up to $50,000 for an expanding business or a business moving into a vacant space in the Redevelopment Area (which is essentially the Downtown area). According to David Griffith, the Town’s Economic Development Specialist, “The loan can be used for costs including tenant improvements, design, permit fees and exterior facade improvements.” “The interest rate is one percent annual simple interest and must be repaid in full if the business moves, is sold or closes.”
When contacted today on the availability of these funds David said that the program is still active and ready to go. So far only one business has made application. Contact David at 530 582-2910 or by e-mail at dgriffith@townoftruckee.com to get in on the offering. Opportunity knocks for those who are awake enough to hear it!!!
Additionally, the Town has resolved to make the permit process for this type of endeavor much simpler, vowing to process tenant improvement plan check applications for existing commercial buildings in three business days. According to Community Development Director John McLaughlin: “We want to be part of the solution to grow our local economy and work in partnership with the business community.” The Town’s building counter is open Tuesday – Friday 8:00 am – 4:00 pm and there is no appointment necessary to submit plans.
If you are interested click here to read more information about applying for this and other related loans.
