Heavenly Mountain Resort will continue Friday-through-Sunday operations until Memorial Day, reported 8 inches of new snow in 48 hours Friday morning. Squaw Valley which plans to move to weekend-only operations after Memorial Day, reported 18 inches in 48 hours Friday morning.
While signals from the financial markets are flashing caution signs, the real economy remains on solid ground. The 30-year fixed-rate mortgage averaged 4.07 percent with an average 0.50 point fee for the week ending May 16, 2019, down from last week when it averaged 4.10 percent. A year ago at this time, the 30-year fixed-rate mortgage averaged 4.61 percent.
Located in the southern sector of Tahoe Sierra, Lot 15 is partially wooded, a level lot with an 840 IPES; 30% Base Allowable Coverage. The neighborhood is centrally located near shops, grocery and beaches. Drive-by anytime or call for additional details. Note during the winter snow days, Carson Avenue is typically the first street to be plowed due to its location on the bus route. Contact Robert Stiles for more information. Price recently reduced to $55,000.
Beautiful three bedroom two bath Tahoe home comes with spacious livable loft used as additional sleeping quarters. Nestled in the Pines as if you were in a tree fort, this home has beautiful wooded views throughout as there are many windows… and not too many neighbors. It also comes with a new gourmet kitchen, carpet, bamboo flooring, gas fire place and a new roof. There is a beautiful balcony to barbecue on while enjoying nature in the yard. This house is only a three minute walk to some of the best hiking/biking trails that allow you a view of the lake once you get to the top. In addition to that Heavenly Resort is only 15 minutes away. The home is a turnkey vacation rental operation, and a perfect vacation home as it is being sold fully furnished. During the winter months streets here are plowed on a regular basis too. Easy to show contact Robert Stiles for an appointment today. Chase International DRE# 01279125
What do a large, mountain home, a tennis court, and an RV garage have in common at Lake Tahoe? They all require land coverage. It is required for every square foot of building development placed on a Tahoe property. Much of the value of this Sawmill Road property lies in the building capabilities and coverage available to your family. Zoned for single family residential, this 2.5 acre parcel offers 16,901 SF of type 1A coverage and 25,852 SF of type 6 coverage. This parcel also sits adjacent to CA Conservancy and U.S. Forest Service land providing additional privacy. The setting of this property offers mountain views, backs up to Twin Peaks, and is located across the road from the Lake Tahoe Country Club Golf Course and the Upper Truckee River. Call today to receive more information and to hear the additional benefits to owning this property. Showings are by appointment only. Call Robert Stiles at 530-314-0352. Chase International DRE# 01279125
Mountain snow is expected to begin late Wednesday through Thursday night across the Sierra.
Most of the northern and central Sierra will see between 5 to 10 inches of snow fall by Friday morning, with as much as 20 inches possible locally at higher elevations.
Snow will fall above 6,000 feet, according to the NWS. Travel delays are likely on Highway 50 and Interstate 80, where snow could result in significant reduction to visibility near the summit. Chain controls are possible.
The NWS has issued a winter storm watch, in place from the start of Thursday to 6 a.m. Friday.