In the past few years, the Lake Tahoe real estate market has seen improving conditions. Recently, we have seen new construction going on in the Lake Tahoe basin. Real estate in the Lake Tahoe basin is in high demand, but it isn’t always easy to build in the area. Development is limited in the Lake Tahoe basin due to struck environmental regulations. Lake Tahoe is known for its beauty, clear blue waters and a strong effort to ‘Keep Tahoe Blue’. These regulations are part of the reason this area has stayed so beautiful over the years. There are not large residential developments in north Lake Tahoe; however, there are owner builders and local developers constructing new homes to be sold. Kelly Smith, Century 21 of Carnelian Bay, currently has several new construction homes for sale. When a home is purchased before the construction is complete, buyers have to option to choose finishes and help with other design decisions.
There are residential developments in Truckee, CA with ongoing new construction, these developments include: Gray’s Crossing, Schaffer’s Mill, Winter Creek, Martis Camp, Northstar and more