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1136 Clearview Court
Tahoe City, CA 96145
$3,650,000
Conventional
Property
Bedroom
5
Bathroom
5
Property Type
Conventional
Square ft
4876
Property Description
On Lake Tahoe’s West Shore, spectacular views from this beautifully built John Brink home and a member of the Tahoe Park Beach Association, offering two piers, spacious lawn area, bocce, buoy field, picnic tables and playground. It is also close to Sunnyside Resort, Firesign Cafe, West Shore Market and Spoon Restaurant. Enter through the air lock foyer with a large guest closet, stone flooring and French doors into the Great Room. Lovely Lake Tahoe views to the East and South. A wood-burning fireplace with stone hearth floor to ceiling. The open floor plan leads to the dining area and the kitchen. The well-designed kitchen has tile floor, SubZero fridge and freezer, granite counters, a bar sink/island with seating, 5-burner Dacor gas cook top, Kitchen Aid oven, microwave and warming drawer, and ample storage. Big and plentiful windows showcase the big blue view, and a spacious deck enables entertaining for many along with natural gas barbecue off dining area. There is also a powder room that has stone flooring next to the circular staircase that leads to the loft/office space. Bedroom level has carpeted floors and two bedrooms, one with north and east Lake Tahoe views, and the other with a north view. A shared hall bath with stone floor and shower. Down the hall is the laundry room with folding space, Kenmore washer and dryer, and a linen closet. The Primary Suite has east and south lake views, a gas fireplace and a private deck along. It’s attached bath features a large walk-in shower with dual heads, jetted tub, double sinks, separate loo and ample walk-in closet with built-in shelving. Bottom level offers a game/family room awaits downstairs with a lake view bar! A full tiled bath with shower serves the game/family room and a bedroom with north and east lake views plus a wine room with storage units. There is also a covered deck off of this room that faces east and south. The detached garage is just a few steps up from the main residence. With a window to the east, there is an abundance of natural light. There is parking for 2 cars and wood storage. A bonus is the studio suite above that creates a lovely guest accommodation, and the gym below keeps you fitting in your jeans all year long!
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
2001
MLS Number
20231371
Location
Address
1136 Clearview Court
City
Tahoe City
State
CA
Zip Code
96145
County
PLACER
Listing
Provider
Chase International, original listing
Name
Chase International
Phone
(866) 889-4817
Office Name
Chase International - TC
Office Phone
(866) 889-4817
Agent Name
Katrine Watson

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HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.