The Pioneer Trail neighborhood borders alone Pioneer Trail which is one of the main traveled roads into Lake Tahoe.
Lake Tahoe Real Estate in the Pioneer Trail Neighborhood
Pioneer Trail is a road that leads travelers from the town of Meyers to all other areas of South Lake Tahoe without having to drive on Highway 50 with its stop lights, thus making it very popular with those drivers in the know. It is several miles long but the neighborhood called “Pioneer Trail” covers the northwestern length from the Montgomery Estates neighborhood to the Country Club Estates neighborhood. Homes in the Pioneer Trail neighborhood vary from A-frames and cozy cabins to larger, newer vacation homes. Lots tend to be larger and many homes are newer than the typical South Lake Tahoe home. This is a great neighborhood for a second home as well as a vacation home income property for those who want more of the mountain and woodsy feel. You can be on the ski slopes in just minutes from a home in Pioneer Trail…great access to Sierra at Tahoe Ski Resort as well as Kirkwood and Heavenly Mountain Resorts.
In the Pioneer Trail neighborhood, there were 33 closed sales over the last 12 months. Compare this to the previous 12-month figure of 29 (and 25 the prior year) and you’ll see that sales have remained strong, The median sales price of homes in this area over the last 12 months rose 37.5% from the previous year. The median price was $330,000 for last year and $647,000 for the month of November 2013. The median sales price for the entire South Lake Tahoe area for the year is $312,750. With just 8 homes for sale in the Pioneer Trail neighborhood, I don’t expect to see large numbers of closed sales in the coming months.
The amount of homes for sale in this neighborhood is less than most other neighborhoods. Popularity has remained high in this area because of a high desirability for mountain and forest views as well as the quiet atmosphere.
Currently, there are 8 homes for sale in the Pioneer Trail neighborhood ranging from $320,000 for a 3 bedroom cabin to $699,000 for a newer, 4 bedroom home.
Pioneer Trail Neighborhood
Want to know more?
I would be happy to help you in your search of a Lake Tahoe home in the Pioneer Trail neighborhood or any of the other Lake Tahoe neighborhoods. This is a popular area to own a home with good rental potential and good resale value. Contact me by email or phone at 530-541-2465.