We have come across two homes that are looking real good right now. The first just came on the market in Tahoe Donner, the second has been on the market for a while in Northstar but recently had a significant price adjustment. Both are bank owned.
11415 Sitzmark Way – Tahoe Donner
This home has lots of character and room for everyone! Classic log home construction with a bonus office used in the past as a fourth bedroom. This is a true mountain cabin that features wood flooring, open beamed ceilings, a huge master suite, hydronically heated driveway, and classic sauna room for your apres ski! The kitchen has had some remodeling done with a newer stainless gas range and stainless refrigerator. This home was listed last year at $649,999. Recent sales of similar sized homes in Tahoe Donner have been selling in the $259/sq ft range, while this home is listed at $140/sq ft.
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198 Basque Drive – Northstar
Big home with open kitchen, living and dining areas. Plenty of room for friends, family and guests with 5 bedrooms, 3.5 baths and ahuge loft. Great views of the golf course overlooking the 9th fairway and mountains beyond. Large sunny back deck, easy level access. Wonderful Northstar home with good rental potential for summer and winter. Updates include exterior siding, dual pane windows & french doors, tile entry and kitchen. Bank-owned, foreclosure opportunity, best buy in Nortstar! Recent sales of similar sized homes in Northstar have sold at about $282/sq ft, while this home is listed at $248/sq ft. The kitchen needs to be updated a bit, unless you really like pink tile. At this price, we figure a buyer could put up to $90,000 worth of upgrades before hitting the comp price level.
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Feel free to contact me for more info on either of these value priced listings, or any property you find of interest. View All Area Listings
Jamie Schou
Direct – 530-798-1393
jschou@kw.com
