Paradise Real Estate

Top Foreclosed Homes for sale in South Lake Tahoe

Lake Tahoe Real Estate is not immune to national real estate trends and has it’s share of foreclosures, bank owned homes and short sale homes.  You can find all of these for sale in Lake Tahoe, both on the California and Nevada sides of the lake. 

There are currently only 7 Nevada South Lake Tahoe foreclosures for sale.  We are seeing multiple offers on many properties because of the reduced inventory of bank owned and short sale homes in South Lake Tahoe.  The lowest priced Nevada South Lake Tahoe foreclosure is a cozy condo at the top of Kingsbury Grade. The asking price is $214,900 and its 3 bedrooms and 2 baths in 1,556 sq st.  The highest priced bank owned home on the Nevada side of South Lake Tahoe is a magnificent lakefront home in the gorgeous Pittman Terrace neighborhood. It has fabulous lake views from inside and out, with great decks, travertine floors, a wine bar in the family room and much more.  The asking price is $2,995,000. 

Currently, there are 27  South Lake Tahoe California Foreclosures for sale.  They range in price from $129,900 for a 3 bedroom, 1 bath in Sierra Tract to a $1,349,000 waterfront home in the Tahoe Keys.           This lovely home in Christmas Valley is a bank owned property selling for $517,500.  It sits on almost an acre of tree lined property near the Truckee River.  It is  near ski resorts, cross country skiing, hiking and much, much more.  The woodwork throughout makes you appreciate this Tahoe cabin for sale.  

Looking for a lower priced foreclosure in South Lake Tahoe?  Check out this 2 bedroom rancher with garage, large lot and close proximity to shopping andschools. This home is approved for HomePath Mortgage Financing and HomePath Renovation Mortgage Financing.  You could purchase this home for as little as 3% down!  

I can give you a list of all foreclosed homes in South Lake Nevada and California and you can sign up for email notifications as soon as new properties hit the market or if their price is reduced. 

Please contact me and I’d be honored to help you in your South Lake Tahoe real estate search. 

This entry was posted on Thursday, January 26th, 2012 at 10:00 am and is filed under Tahoe Foreclosures and Short Sales. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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