NOT LISTED FOR SALE

Estimated Value: $603,000 - $619,000

0.64 Acre
$951,610 Price per Acre
28,009 Sq Ft Lot

Last Sold September 12, 2024

Last sale price $625,000

Est. 2% decrease in value since last sale

Current estimated payment $3,634/month

98 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Tennis Courts
  • Truckee Elementary School Rated A-
  • Community Pool
  • Level Lot

About This Lot

As of September 2024

Experience the pinnacle of mountain living on this exceptional parcel situated in the heart of Lahontan, one of the most sought-after gated communities. This prime piece of land offers a rare opportunity to build your dream home on the 3rd tee box, with breathtaking views of the serene lake and the lush 2nd fairway. Spanning a generous area, this lot provides ample space for a luxurious residence complemented by expansive outdoor living areas. Imagine waking up to picturesque views of the golf course and enjoying evening strolls along the lake's edge — all within the privacy of your backyard. Lahontan's amenities include a world-class golf course, vibrant community center, fitness facilities, and swimming pools, all designed to enhance your lifestyle. The community's strategic location allows easy access to local shopping, dining, and recreational activities, ensuring that you are never far from the best that Lake Tahoe has to offer. Whether you are looking to create a family retreat or a sophisticated sanctuary, this Lahontan lot provides the perfect canvas. Build your legacy in a community that epitomizes elegance and peaceful living. Don’t miss out on the chance to own a piece of paradise where luxury meets nature.

Last Agent to Sell the Property

Bill Watters

COMPASS License #01432646 Listed on: 04/23/2024

COMPASS

Last Buyer's Agent

0 NON-MEMBER

NON Member

Property Details

Property Type

  • Land

Utilities

  • Underground Utilities
  • Gas Available
  • Utility District

Additional Features

  • Level Lot
  • Design Review Required

Community Details

Overview

  • Property has a Home Owners Association
  • $400 HOA Transfer Fee
  • Martis Valley Community
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Pool

Property Details

Property Type

Land

Listing Details

  • "Covenants: Y
  • Estimated Lot Size: .51-.755
  • Community: Martis Valley
  • Directions: R Joseph Gray, R Paul Doyle, located at 3rd tee box, overlooks 2nd and 3rd fairways
  • Service Type: Full Service
  • Setting: GOLF
  • Sign: Y
  • SPCDISC: Architectural Review
  • Sub-Area: 7SO
  • Sub-Status: Standard
  • Topography: Level
  • Zoning: R
  • Access Roads: Paved
  • Access Type: Private
  • Corners: None
  • Sewer: Utility District
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Electric: At Property
  • Gas: At Property
  • Water: Utility District

Exterior Features

  • View: Golf
  • Fenced: No

Utilities

  • Utilities at Street: Under Ground

Condo/Co-op/Association

  • HOA Amenities: POOL, TENNIS COURTS, GOLF, EXERCISE EQUIPMENT
  • HOA Fees: /45800
  • HOA Membership Mandatory: Y
  • HOA Transfer Fee: $400

Lot Info

  • Lot Number: 51
  • Lot Dimensions: Irregular

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2024
Closed on
Aug 28, 2024
Sold by
Young Michael Francis
Bought by
8136 Villandry Llc
Seller's Agent
Bill Watters
COMPASS
Buyer's Agent
0 NON-MEMBER
NON Member
List Price
$749,028
Sold Price
$625,000
Premium/Discount to List
-$124,028
-16.56%
Views
231
Current Estimated Value
$611,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,115
Avg. Annual Appreciation
-1.39%
Original Mortgage
$375,000
Outstanding Balance
$370,293
Interest Rate
6.73%
Mortgage Type
Seller Take Back
Estimated Equity
$241,592

Purchase Details

Closed on
Dec 28, 2023
Sold by
Witherspoon Michael
Bought by
Young Michael Francis

Purchase Details

Closed on
Oct 14, 2020
Sold by
Witherspoon Michael Kevin
Bought by
Witherspoon Michael

Purchase Details

Listed on
Jul 11, 2018
Closed on
Aug 3, 2020
Sold by
Buhler Dennis and Buhler Laurie
Bought by
Witherspoon Michael Kevin
Seller's Agent
Larry Lawrence
Lawrence Realty
Buyer's Agent
Mark Via
Coldwell Banker Realty
List Price
$495,000
Sold Price
$495,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.85%
Original Mortgage
$371,250
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 19, 2016
Closed on
Mar 16, 2016
Sold by
Parr Ronald Joseph and Parr Rosemary L
Bought by
Buhler Dennis and Buhler Laurie
Seller's Agent
Nina Clifton
Sierra Sotheby's Int - Rock
Buyer's Agent
Yolanda Richmond
Better Homes and Gardens Real Estate Napolitano & Associates
List Price
$310,000
Sold Price
$295,000
Premium/Discount to List
-$15,000
-4.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.51%

Purchase Details

Closed on
Apr 1, 1998
Sold by
Lahontan Llc
Bought by
Parr Ronald Joseph and Parr Rosemary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,375
Interest Rate
8.75%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
8136 Villandry Llc $625,000 Placer Title
Young Michael Francis $440,000 Placer Title
Witherspoon Michael -- None Available
Witherspoon Michael Kevin $495,000 Fidelity Natl Ttl Co Of Ca
Buhler Dennis $295,000 First American Title Company
Parr Ronald Joseph $154,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 8136 Villandry Llc $375,000
Previous Owner Witherspoon Michael Kevin $371,250
Previous Owner Parr Ronald Joseph $138,375
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/12/2024 09/12/24 Sold $625,000 -3.7% --
07/30/2024 07/30/24 Pending -- -- --
06/29/2024 06/29/24 Price Changed $649,028 -13.4% --
04/23/2024 04/23/24 For Sale $749,028 +51.3% --
08/11/2020 08/11/20 Sold $495,000 -10.0% -- View Prior Sale
07/07/2020 07/07/20 Pending -- -- --
07/06/2020 07/06/20 Price Changed $550,000 +11.1% --
07/11/2018 07/11/18 For Sale $495,000 +67.8% --
03/21/2016 03/21/16 Sold $295,000 -4.8% -- View Prior Sale
02/04/2016 02/04/16 Pending -- -- --
01/19/2016 01/19/16 For Sale $310,000 -- --
Source: Tahoe Sierra Board of REALTORS®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,986 $625,000 $625,000 --
2023 $4,986 $514,998 $514,998 $0
2022 $5,805 $504,900 $504,900 $0
2021 $5,481 $495,000 $495,000 $0
2020 $3,615 $319,317 $319,317 $0
2019 $3,641 $313,056 $313,056 $0
2018 $3,508 $306,918 $306,918 $0
2017 $3,456 $300,900 $300,900 $0
2016 $2,463 $207,373 $207,373 $0
2015 $2,408 $204,259 $204,259 $0
2014 $2,311 $200,258 $200,258 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20240539

Tahoe Sierra Board of REALTORS®

APN: 108-020-011

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