The “Miracle March” hype has been growing this week with everyone in the Tahoe area watching the upcoming weekend storm with excitement. Rumor has it that the storm gates are opening again for the first couple weeks in March, and the resorts will welcome the snow with open arms.
Northstar has been alight with activity this year with 17 pending or sold properties in the Village, Big Springs, and Mountainside communities. Several more properties recently went under contract including a $2.6M Big Springs home and a Mountainside Stellar Residence at $3.5M. The Big Springs and Mountainside communities combined have an estimated $25M in contract activity to report already in 2016 which is substantial. Strong demand for the convenience of on-mountain ski properties is evident, and more snow will only fuel the fire for buyers to secure the prime properties remaining in these areas.
The highly anticipated North Lake Tahoe SnowFest begins this Thursday, March 3rd and runs through Sunday, March 13th. This year marks the 35th anniversary of SnowFest, and the theme is “SnowFest – Through the Years”.
Since 1982, the North Lake Tahoe area has been celebrating winter with 10 days and nights of activities and events. Each day is packed with a variety of options including food, music, and lively winter competitions such as Human Bowling, the Polar Bear Swim, Dress up your Dog contest, and snow sculpting.
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Do You Know?
In the “Miracle March” of 1991, Tahoe resorts reported 240 inches or 20 feet of snow in March alone helping Northern California out of its worst drought since the Dust Bowl.