Sierra Tract
The Sierra Tract neighborhood of South Lake Tahoe is an esoteric mix of old and new Tahoe with some homes dating back to the earliest part of the 20th century but with many properties being only 5-10 years old.
Situated between two of the main tributaries feeding Lake Tahoe, the Upper Truckee river and Trout Creek many properties on the “perimeter” of Sierra Tract lie directly on these streams lush and pristine meadows. Most homes in the Sierra Tract are within walking distance of these streams and meadows and access directly to Lake Tahoe for the more intrepid. The back of the neighborhood backs up to miles and miles of National Forest for outdoor recreation such as mountain biking, hiking or just strolling through the forest. Fly fishing is a popular pastime for many residents of Sierra Tract with excellent fishing to be had in both nearby streams.
The Sierra tract neighborhood is convenient to everything Tahoe and by making the Sierra Tract your Lake Tahoe home you will be just minutes to world class skiing and riding at Heavenly Mountain Resort, Lake Tahoe’s pristine beaches, world famous nightlife at Stateline, Nevada, a myrid of shopping, restaurants, night clubs, hiking, mountain biking or just plain “kicking back”
Real Estate values in the Sierra Tract neighborhood of South Lake Tahoe vary considerably with the highest and most solid being those homes that face either the North Upper Truckee meadow or the Trout Creek meadow with values ranging for the former from the mid 200’s to the mid 600’s As for the rest of Sierra Tract values range from the low to id 100’s to the high 300’s. The medium value for the Sierra Tract as of early 2010 is $230,000. Most properties lie on smaller parcel averaging 5,600 square feet with some parcels on or near the meadows surpassing 1-2 acres.
The Sierra Tract neighborhood of Lake Tahoe may be one of the best kept secrets however for securing a great value when purchasing Lake Tahoe real estate by merit of sporting one of the most affordable neighborhoods of the entire Lake Tahoe basin and coupled with an “old Tahoe” ambiance and old fashioned neighborhood values the Sierra Tract area should be seriously studied prior to purchasing Lake Tahoe real estate.
Check out the most recent real estate market update for the Sierra Tract neighborhood.
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