Placer County Offers Former Swiss Mart Property for Sale in Kings Beach
An invitation for bids to purchase the property referred to as the former Swiss Mart property has been released by the Successor Agency, a public entity, overseen by the Placer County Board of Supervisors. The property, which is approximately 0.3 acres, is located at 8793 North Lake Blvd. in the Kings Beach commercial corridor at the northwest corner of the intersection of North Lake Blvd. and Chipmunk St. The property consists of two parcels, with one of the parcels holding an easement for the Kings Beach Gateway Monument. A remediated former gas station, underground storage tanks and structures have been removed, environmental assessment and remediation performed, and regulatory closure has been received. The minimum bid for this property is $540,000. No bids will be accepted for less than the minimum. Prospective bidders will have the opportunity to visit the property, guided by county staff. Attendance is voluntary; bidders do not need to attend to be eligible to submit a bid. A guided site visit is scheduled for April 21 at 10 a.m. The Swiss Mart property is one of four Placer County properties in Kings Beach that will be offered for sale in the coming months by either a sealed bid or a competitive request-for-information process. All four properties are being offered separately, though it may be possible for a developer to combine two or more properties into a single related or compatible project. Info: placer.ca.gov/kingsbeachsale
Engel & Völkers Brings Luxury Real Estate Service to Truckee
European-based Engel & Völkers strengthens its Lake Tahoe presence by adding a second location in Truckee, establishing its latest shop in the landmark Flying A building. Engel & Völkers is known for attracting the very best in the industry. The Truckee team is lead by Sharla Chador and includes real estate advisors Nathan Riedel, Greg Boyle, and Valerie Forte. The founding members of the Truckee location are thrilled to be starting anew under the Engel & Völkers umbrella, confident that the premium brand will enhance their level of performance and service for their clientele, with the firm’s distinctive white boutique shop concept and core values of competence, exclusivity, and passion. The Truckee team looks forward to opening its doors in May.
Placer County Speeds Access to Housing Assistance, Focuses on Veterans
Having a place to call home is a basic human need, but for some, having a home can be a tremendous struggle. The Placer County Public Housing Authority Board of Commissioners took two steps on March 22 to improve access to resources for those struggling to afford a place to live, updating its housing assistance plan to streamline applications for veterans, and reduce wait times for rental assistance vouchers. The voucher program formerly known as the Section 8 Housing Voucher Program, is a rental assistance program to help low-income individuals and families, persons with disabilities, veterans, and seniors, so they can live in affordable, safe, and decent housing. The program covers all of Placer County with the exception of the City of Roseville, which has its own housing authority. Placer County’s housing assistance resources are administered under the Placer County Housing Authority Administrative Plan, a policy document required by the U.S. Department of Housing and Urban Development in order to receive federal funding for local programs. Placer County’s updated plan, which was approved by PHA Board of Commissioners, as well as submission of the board’s resolution and required certificates of program compliance, will secure $2.1 million in federal funding for the Placer County Housing Choice Voucher program, providing up to 297 subsidized housing vouchers. The voucher program currently assists 556 Placer County residents, with 200 people on the wait list. Placer County staff anticipates the wait list will be open this fall once the current list has been purged of applicants no longer in need of the program. The wait list opens when the number of applicants is low enough to warrant a new list.
Christy Curtis Partners with Tahoe Truckee Community Foundation to Help Those in Need
Christy Curtis, an award-winning independent agent for Coldwell Banker Residential Brokerage in Truckee, has spent her career helping others realize their dream of living and playing in the beautiful Tahoe area. But just as important to Curtis is helping those less fortunate in the community, so they have a chance to realize their dreams, too. That commitment to giving back to the community is what led Curtis and her team, known as Christy Curtis & Crew, to come up with the idea of making a $100 donation for each property they close to their client’s charity of choice. It is part of a new collaboration between Curtis and the Tahoe Truckee Community Foundation and Give Back Tahoe that the realtor hopes will catch on throughout the community. At close of escrow, Christy Curtis & Crew ask their clients to choose either an “area of focus” or a local foundation to which they would like the agents to donate $100 on their behalf. Info: 17400 Northwoods Blvd. in Truckee, firstname.lastname@example.org, (530) 587-2856, christycurtis.com.
Steady Flow of Inventory in Local Market
Watching the current real estate market, there is a steady flow of new inventory with 230 properties listed in March, alongside high sales numbers, namely 130, according to a report by Matt Smith of Lake Tahoe Real Estate. Single family home and condominium inventory remains low, however, nearly 100 of those new listings are residential lots and shared-ownership properties. Looking at the big picture, there is a strong new construction trend and low resale inventory, which will eventually start to drive prices upward, and despite some global economic concerns and a pending election, it is yet to be determined if there is optimism in the market. These indicators are promising signs that we are moving into an expansion period in the economy.
What’s Going to Happen to Blighted Henrickson Building in Tahoe City? Check Out New Website
The Tahoe City Lodge project geared toward catalyzing a Tahoe City facelift is slated to hit the interwebs. The greatly anticipated redevelopment project, which proposes a 120-unit hotel on 3.1 acres, with amenities and parking, will create jobs and stimulate the local economy while achieving multiple environmental and community benefits, say project organizers. The vision is to create an exceptionally high quality, sustainably built and operated Lodge. Set at the entrance to Tahoe City with a front door to Commons Beach and a back door to Tahoe City Golf Course, Tahoe City Lodge will be located for easy access to a variety of activities. Learn more and share your ideas at tahoecitylodge.com.
Mountainside at Northstar Unveils New Stellar Collection
The very first Stellar Collection Residences & Townhomes at Mountainside at Northstar, Tahoe’s premier on-mountain community, were recently completed and designed by renowned Bohlin Cywinski Jackson. The townhomes are three bedroom, two-and-half bathrooms, and nearly 2,200 square feet of ski-in, ski-out space. Prices start at $1.85 million. The residences are four bedroom, three-and-a-half bathrooms, and include 3,450 square feet of expansive outdoor living and dining areas. They start at $3.1 million. For a private viewing, call (877) 493-4079.
Sierra Sotheby’s Realty Hosts Celebrity ProAm at Squaw Valley
Sierra Sotheby’s International Realty recently hosted the first annual Lake Tahoe Winter Social and Celebrity ProAm ski race at Squaw Valley. The event brought together Sotheby’s International Realty agents from across the West Coast for networking, panel discussions, and fun in the sun with Olympic legends Billy Kidd and Tamara McKinney, speed skier Jeff Hamilton, and former U.S. ski teamer April Mancuso Reynolds. Agents gathered for a sold-out conference at PlumpJack Squaw Valley, where Sotheby’s International Realty’s Chief Marketing Officer Wendy Purvey unveiled some of the brand’s exclusive 2016 marketing partnerships with media giants, including New York Times, Wall Street Journal, Dwell, Robb Report, Mansion Global, Apple News, and, new this year, Apple TV. “These relationships are unique to Sotheby’s International Realty and we’re proud that we can share measurable results from this high traffic exposure directly with our sellers,” said Sierra Sotheby’s International Realty’s President Peter Strand.