Lake Tahoe Living
August 2020 Edition
Home Sales Surged in June with Strong Demand...
With “home” being the unofficial word of the year, could home-buying activity rebound in Q3 and Q4? The data from the RE/MAX National Housing Report for June 2020 suggests it might. Despite a report-record low in Months Supply of Inventory, June home sales posted a massive month-to-month gain of 37% – a far cry from the results in May and April, when many states had stay-at-home mandates in place.
“June home sales snapped back in a major way,” said Adam Contos, RE/MAX Holdings CEO. “With historically low interest rates, stabilizing unemployment and increased mobility tied to working remotely, buyer demand remains high in most areas of the country. We’re seeing positives in several leading indicators such as pending sales and mortgage applications.”..
As many community activities and gatherings are continually being cancelled, this month I've put together a list of 5 new hiking options located around the Lake Tahoe basin:
Rubicon Peak Trail - One of my favorite hikes in the Lake Tahoe area is the Rubicon Peak Trail. The trail hugs the vertical hills above the west side of Lake Tahoe, winding along the coastline and affording spectacular views. Enter the trail near Tahoma and the D. L. Bliss State Park. Restrooms are in the parking lot. The Rubicon Trail is 3.5 miles long and is an out-and-back trail. While the climb is listed as 2,000 feet, once you are up on the hillside, much of the trail is gentle. The lake is in view most of the time, and you can also take a short detour to a small lighthouse. Pack a lunch and make a day of it! Bonus: This trail was chosen by TravelAwaits as the best hike in Northern California.
Vikingsholm Trail - Looking for a short, scenic hike? The Vikingsholm Trail is a perfect choice. It leads from Highway 89 at Eagle Falls down to Emerald Bay. The name comes from the 1920s-era abandoned stone mansion on the shoreline. Going down, you will see Emerald Bay for the entire 1.7 miles. The hike back up will have you huffing and puffing. You can start with this trail and, as you reach the bay, take up the Rubicon Peak Trail. Figure out how far you want to hike and where to position your car before you start out, since both of these trails are out and back rather than loops.
Tahoe Meadows Interpretive Loop - The flat Tahoe Meadows Interpretive Loop in the Mt. Rose wilderness covers 1.3 miles blooming with wildflowers and bordered with pines. Wooden walkways allow you to cross small creeks easily. Dogs on leashes are welcome. What’s so great about this hike is that you can head for the tree line and continue on the Tahoe Rim Trail. This allows you to hike as far as you want, out and back. You can go only to Tahoe Meadows for a short jaunt out in nature, or you can hike all day if you continue on the Tahoe Rim Trail.
Flume Trail - The famed Flume Trail is best known as a challenge for mountain bikers, but you can also hike this trail. The main part of the trail runs from Spooner Lake to Marlette Lake up the east side of the lake to Incline Village. It’s named for the flume and tramway system built here in the 1870s. The lumber needs of the miners on the other side of the Nevada mountains grew when silver and gold were discovered. Sawmills along Lake Tahoe processed trees into logs. Tram cars hauled the logs up to the top of the hills. Then an elaborate wooden trough system floated the wood down the other side. This trail is strenuous, but once you reach the top of the mountain it levels off. You’ll climb about 1,000 feet the first 4 miles of the 14-mile trail. This is truly a rim trail with breathtaking views, since it’s far above the lake. You can enjoy this trail in shorter chunks, too. I hiked from the Incline Village entrance to Marlette Lake and back, which was about 10 miles total. I will remember those grand vistas forever.
Spooner Lake Loop Trail - If you have about an hour and want to be outdoors, head to the Spooner Lake Loop Trail. Entrances to the parking lot are on both Highway 50 and Highway 28, since the lake lies at the juncture of these two main roads just north of South Lake Tahoe. Circle the little lake that provides a home for geese and other wildlife and enjoy the shade of the aspen trees on the banks. You can take your pooch along, too.
Thinking of Buying in Incline Village or Crystal Bay?
Condos Under $500K
Condos $500k - $1M
Condos Over $1M
PUD Homes $1M and Under
PUD Homes Over $1M
Single-Family Homes Under $1M
Single-Family Homes $1M - $2.5M
Single-Family Homes Over $2.5M
Lots & Land
*Statistics gathered on 08/01/2020
For real estate needs outside of Incline Village and Crystal Bay:
(775) 225-2549 or