Mulloy Realty Featured Properties
This page was last updated on Tuesday, August 17, 2010

Wondering if it's a good time to invest in real estate?

Everyone wants to know how to "time" the real estate in order to maximize their success. The only thing that I can tell you for sure is that the unprecedented, double-digit appreciation is gone. It was inevitable that our housing market would slow after five record setting years. Prices rose too fast in our hot market. No mater how much we research and analyze, the only thing we can say for sure is that the market experiences cycles. There is no way to predict when the market will shift again, only that it is just a matter of time. There will be another upturn. At present, sales seem to have stabilized, suggesting that we're seeing the end of the decline. But as pent up demand grows, we can quickly return to a seller's market. Why not purchase now while prices are down and watch your investment grow.

Northstar continues to be a strong market. Our buyers know that real estate is a long-term investment. Northstar will continue to be a strong market because of it's position as an award winning destination ski resort, it's proximity to beautiful Lake Tahoe, and  the improvements undertaken by East West. With the core Village completed and sold out and the five star Ritz Carleton now open on the mountain, crowds are again flocking to our world class resort. SmartMoney has ranked Lake Tahoe one of the top 5 places to own a summer home.

Contact Mulloy Realty if you would like a tour of the great opportunities available: 530 562 1663 or mulloyrealty@LTOL.com
 

                                                                    245 Lake Mary Road

This rare 4 acre parcel just above lake Mary has a 60 year old 1 bath cabin on the property (which you may or may not want to rehabilitate). Irregardless, this is a great price for just the land alone. It is zoned for 1 house per acre (per Placer County Planning Dept.). It is a very private, serene and peaceful parcel with a peek view of the lake. It is a short stroll to the lovely lake or to access the PCT for some great hiking! It is also minutes to great skiing at sugar Bowl or Royal Gorge and less than 30 minutes to the quaint town of Truckee. Winter access is snow shoe, cross country ski, or snow mobile.                                   
                          

                                   
                                                               Ski Trails at Northstar
                                                                           $390,000

   
This well loved family home is available for the first time in 20 years
Pristine and private location!! Priced to sell for only $1,175,000

This home is located on an extra large lot at the end of a quiet cul de sac for maximum privacy and beautiful views of the forest. The home has 4241 sq. ft., 5 bedrooms and 4.5 bathrooms (includes 2 huge master suites, each with its own bathroom, fireplace, walk-in closet, sitting area and sliding doors to the back deck). The 5th bedroom in the loft has no closet (could be used as an office). Home sleeps 16. It also has 4 fireplaces (1 double sided). Additional features: a formal dining room and a separate cozy breakfast room, a living room and a separate family room with a pool table, cathedral wood ceilings, skylights, 2 decks, 2 furnaces and 2 water heaters. There is a storage area under the garage for all your toys, kayaks, canoes, etc. Open space easement to the left. West facing.

 

                                   Virtual Tour:  http://www.ubuildtours.com/tour.php?id=38C4

                                                         2368 Overlook Place, Lot 15

                     The Lot You Have Been Waiting for.......... has finally come on the Market!
                    
True ski in, ski out! Right across the street from the chair lift on Overlook Place in Big Springs at Northstar! Incredible panoramic mountain views, including Castle Peak. Watch the sun set from the back deck of your dream home. Close enough to walk to the new  five star Ritz Carleton Hotel and the Northstar Village! Just reduced to $925,000.

                     
                                                                    2301 Overlook Place
                                                                          Big Springs
                                                                            
Beautiful 360 degree Views. Large lot on desirable Overlook Place in Big Springs. Greenbelt to the rear and side offer privacy and separation from Big Springs Drive. Begin building this Spring! The ultimate in skiing:  a ski run and chair lift are located at the end of the cul de sac. The New Village and the five star Ritz Carleton are within walking distance. Just reduced to only $520,000.

                                
                               

 

                     
                                         Desirable Cul de Sac Lot in Big Springs, Northstar™

Great building site with panoramic views of snowcapped mountains. Surrounded by new homes in the 2-3 million+ range. Close to the new five star Ritz Carleton (opened in 2009) and the New Northstar Village. Buy and build now and watch your investment grow as Northstar continues to upgrade the resort. Priced to sell for only $589,000.

                     
                                                   Spectacular Lot Currently Available

Beautiful Views of the Carson Mountain Range. Watch the sun rise and the evening alpenglow! Large level lot in desirable Big Springs. Build your dream lodge on this lot and start enjoying all that the Northstar™ Resort has to offer! Greenbelt to the rear. Adjacent lot is also for sale. This lot includes a set of approved plans for a mountain lodge home designed by MWA. Begin building in the Spring! A ski run and chair lift are located at the end of the street. The new village and the five star Ritz Carleton are within walking distance. $557,000

                                          Seller will consider trade for a house or condo.
                               

 

                                       
                                   Fabulous Views of the Carson Mountain Range

Build your dream mountain lodge on this incredibly priced home site! Watch the sunrise and the evening alpenglow from your back decks. There is a greenbelt to the rear. Ski run and chair lift are located at the end of the cul de sac. Walk to the New Village and take advantage of all the amenities the Northstar™ Resort has to offer: skiing, ice skating, shopping, and dining. Enjoy biking, tennis, hiking, golfing, and swimming in the summer. 
 
                                 Seller will consider trade for a house or condo.
                           

 

                                                     7157 7th Avenue, Tahoma
                                                                   $625,000  

This charming, comfortable home was built in 2001 and is located in the desirable Tahoe Cedars (once the summer estate of Lon Chaney of Hollywood fame). It has been meticulously maintained and shows like NEW. It has 3 bedrooms, 2.5 bathrooms, and lots of windows giving it a very bright and cheery atmosphere. The gourmet kitchen has granite counters, upgraded cabinetry, a pantry, and stainless steel appliances (including a Bosch DW and an extra large, deep stainless steel sink). The knotty wood vaulted ceiling and trim give this home a true mountain lodge feel. The extra large master bedroom (located on the main floor) has his and her closets and a cozy sitting area. The bathroom has tumbled stone/marble tile and a relaxing spa tub. Enjoy your morning coffee on the back deck overlooking beautiful mature trees (the yard is entirely fenced for maximum privacy). Enjoy the afternoon sun on your spacious front deck, perfect for barbecues and entertaining. This home also features easy level access, air conditioning, an alarm, wood blinds, 2 gas woodstoves, ceiling fans, and a spacious slate entry. Enjoy the Tahoe Cedars HOA beach and pier on beautiful Lake Tahoe (Lake Tahoe is one of the top 5 places to own a summer home, according to a recent article in SmartMoney). This home is conveniently located near Sugar Pine State Park (former Olympic venue) for hiking, snow shoeing, and cross country skiing. Down hill skiing is available within a few miles. The large 2 car garage is being used as a family room. It has a woodstove and an extra sleeping area (it can still be used as a garage). The nearby fire station guarantees priority snow plowing of your street in the winter.                

                               Virtual Tour: http://www.ubuildtours.com/tour.php?id=38F8

                                             

                                    Virtual Tour:  http://www.ubuildtours.com/tour.php?id=3D07

                                             
                                             12595 Northwoods Blvd. Tahoe Donner        

This light and bright 2 bedroom, 2 bath condo with a detached garage has a primo location right across the street from the Trout Creek recreation center, golf course, and mini mart. It shows like new and comes completely furnished. It has a large kitchen with wood floor, tract and recessed lighting, ceiling fan, gas woodstove, and easy access. It is on Blue Sky rental management 530 587 0493. Only $399,000. 

                               Virtual Tour: http://www.ubuildtours.com/tour.php?id=38FC