The South Lake Tahoe housing market continued along a steady path through June, with many of the same trends we highlighted last month still holding true. Buyer activity remains consistent, with interest gradually picking up as we head deeper into summer. While some buyers are moving quickly on well-priced, move-in-ready homes, many are still cautious—carefully weighing value and condition before making a move.

One notable shift is the continued rise in inventory. While still balanced enough to avoid a full buyer's market, the number of active listings has grown and is now roughly double what we saw in June of 2023. This increase is giving buyers more options and putting pressure on sellers to price competitively and present their homes well.

As we move into the heart of the summer season, the market remains active—but strategic. Homes that align with buyer expectations on price and condition are finding success, while others may need to adjust in order to stand out.

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This Month’s Must See Home for Sale

The choice for must-see home of the month is 2359 Wagon Train Trl, listed at $1,050,000. This property was built in 1992 and it features 3 Bedrooms / 3.5 Bathroom / 2,522 Sq Ft. Welcome to this home where comfort meets style in a sun-drenched, open floor plan designed for easy first-floor living plus mountain views from nearly every upstairs window. The remodeled kitchen is a chef's delight, featuring a Bosch stove and dishwasher, a walk-in pantry for ample storage, quartz countertops, and a built-in wine refrigerator. The great room opens seamlessly onto a large, sun-drenched deck, ideal for al fresco dining and enjoying the surrounding beauty of mountain views. Downstairs, the primary suite is a peaceful haven, complete with a gas fireplace, custom built-in bookshelf with a hidden safe, and a private deck with access to the backyard and dog run. The luxurious en-suite bathroom boasts dual sinks, a jetted-soaking tub, a separate shower stall, and a cedar-lined walk-in closet. A bonus room just off the primary bedroom offers flexible use as a home office, exercise room, or creative space. The separate laundry room has plenty of cabinets and counterspace. Be sure to check out the expansive under-home storage off the downstairs deck, complete with insulation and radon mitigation. The side stairs off the paver-tiled driveway offers a lovely and serene sitting area in the large, side yard. Located in desirable Montgomery Estates, it is just a short walk into the forest for wonderful hiking and biking trails. A 10 minute car ride will take you to Heavenly Ski Resort, Heavenly Village shops and restaurants, or the nightlife of the casinos. 

Homes for sale - 2359 Wagon Train Trail, South Lake Tahoe, CA

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This Month’s Least Expensive Home for Sale

The least expensive new listing that entered the market this month was 2661 Knox Ave, listed at $378,000. This property was built in 1951 and this unit features 2 Bedroom / 1 Bathroom / 688 Sq Ft. Step inside to find a warm and welcoming interior that perfectly captures the spirit of the area. The open living area features wood-beamed ceilings and a gas fireplace on a brick hearth. This cabin comes fully furnished, making it a seamless transition for those eager to move in. All the comforts of home are provided, allowing you to enjoy your Tahoe getaway from day one.  A site verification was performed by the TRPA and shows an additional 203 SF of additional coverage available. South Lake Tahoe is a haven for outdoor enthusiasts, and this cabin's location offers easy access to year-round activities. From skiing and hiking in the nearby mountains to swimming and boating on Lake Tahoe, the possibilities are endless. This property is located within walking distance to stores and restaurants, as well as Trout Creek and the meadow, with several miles of paved and unpaved bike paths and trails. Very easy access to Highway 50/Lake Tahoe Blvd on a City maintained road which easily accessible during all seasons.

Homes for sale - 2661 Knox Avenue, South Lake Tahoe, CA

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This Month’s Most Expensive Home for Sale

The most expensive new listing that entered the market this month was 276 Beach Dr, listed at $4,299,000. This property was built in 1984 and it features 5 Bedrooms / 5.5 Bathrooms / 3,624 Sq Ft / 2 Car Garage. Coveted rare opportunity to own on Beach Drive at the Keys in South Lake Tahoe! Here's your chance to own one of the most sought-after properties in the prestigious Tahoe Keys community, with 88 feet of stunning waterfront, on one of the widest channels, with its own private boat dock situated on over 1/2 acre. This rare opportunity offers direct lake access, making it a dream retreat. At the heart of the home is a spacious, open-concept great room, complemented by beautiful hardwood floors, fireplace & large picture windows that frame the shimmering, crystal-clear waters in every shade of blue. Adjacent to the great room is a spacious formal dining area for entertaining, and a cozy breakfast nook by the windows, perfect for sunrise coffee with lake views. The modern kitchen is a chef's delight, equipped with a generous center island, sleek quartz countertops, and stainless steel appliances, functional, stylish, and centrally located to keep everyone connected. The home features five well-appointed en-suite bedrooms, each with its private bath. The generous primary suite is complemented by an inviting fireplace, walk-in closet, and remodeled bathroom. One of the suites is thoughtfully located on the main level, providing privacy for guests or ground-floor living. And a cozy upstairs mini-loft provides for a comfy reading nook or small tech center. Boasting a private boat dock easily accommodating a three boats, whether you're docking that sleek speedboat or a pontoon for sunset cruises, it's a launchpad for your lake adventure. Located in one of South Lake Tahoe's most exclusive neighborhoods, on one of the most desired lots with immediate proximity to all of the amenities the Keys has to offer: private beaches, pools, tennis courts, and the unmatched lifestyle that comes with owning a prime piece of waterfront paradise. 

Homes for sale - 276 Beach Drive, South Lake Tahoe, CA

View photos and detailed information for 276 Beach Drive, South Lake Tahoe, CA 96150, MLS#...

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