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Real Estate Pick of the Week – 530 John Moody

By July 14, 2014No Comments

Homesite 25 – Lahontan
530 John Moody
0.54 Acres
$239,000
MLS# 20141798

My Real Estate Pick of the Week this week comes from a community with deep roots in Truckee/North Lake area, Lahontan Golf Club.  Now 16 years old, Lahontan was initially a trendsetter for Tahoe exclusive golf and social clubs, and paved the way for other new developments including Martis Camp and Schaffer’s Mill.  Currently owned and managed by the members, Lahontan is a well established, balanced, and exclusive golf community in the North Lake Tahoe area. The community of Lahontan occupies a prime location, nestled in Martis Valley under Northstar’s towering Lookout Mountain.  The 18 hole championship golf course and the 9 hole par three course were both designed by 20 time PGA Tour winner Tom Weiskopf. From the valley to the mountains, Lahontan offers views that Tahoe homebuyers are looking for.  

In my opinion, there is one issue with Lahontan at the moment; the lot prices are undervalued.  With over 200 of the 509 lots still without owners, it is the inventory that is keeping the price down, which is great news for buyers. There are currently 27 active homesites within Lahontan priced between $109,000 and $825,000.  My favorite homesite on the market currently is Homesite 25.  Sitting just below the #5 green, and on the 6th tee box, this flat 0.54 acre homesite offers great privacy with its location at the end of a cul-de-sac.   Framing the 6th fairway with the ski runs of Northstar from your living room or back deck will leave no skepticism of where you live, you are in Tahoe. 

Jason Waters
530.414.1600