The Tahoe Keys neighborhood of South Lake Tahoe has always been one of the most popular areas to invest in real estate. A maze of waterfront properties, most with their own adjacent dock that leads into mighty Lake Tahoe. If our buyers tell us that they are interested in getting the highest income (from dishing out rental properties) as possible, we always recommend the Tahoe Keys, purely for its vacation rental income potential. Tahoe Keys property owners experience excellent rental income in the summer, and decent income in the winter months.
Tahoe Keys Real Estate
Home sales in the Tahoe Keys are rebounding! We did see a slower recovery in this neighborhood than in others due to the higher priced homes, but with continued faith in the market, the Tahoe Keys homes are selling.
The number of closed sales in the Keys are up 52.5% over the last year. There were 90 closed sales, the highest in years. The median sales price is showing signs of the old days too. In June the median was $564,100, up 24% from the previous year.
Currently, there are 43 condos and homes for sale in the Tahoe Keys. They range from a studio condo for $159,000 to $4,700,000 for a 6 bedroom lakefront treasure. You’ll find homes with boat docks and access to Lake Tahoe as well as homes next to sailing lagoons.
Why the Tahoe Keys?
-is what we hear from home buyers every day. While many are looking for cabins priced under $300,000, there are much more looking for the disappearing inventory of Lakeview, waterfront, and lakefront homes. Everyone loves Lake Tahoe! And they want to be able to see it out their front (or back) door.
There are many buyers looking for homes in the Tahoe Keys, especially those priced around $1,000,000. Both Lake Tahoe Keys buyer’s and sellers should call us to connect.
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