Soda Springs 2021 Market Report
Soda Springs Real Estate
As home prices in the Tahoe Basin continue to climb, many people are exploring homeownership in Donner Summit, Serene Lakes and Soda Springs. Located at the intersections of old highway 40, highway 80 and the South Fork of the Yuba River, Soda Springs offers many summer and winter activities.
Soda Springs provides easy access to Soda Springs Ski Resort, Royal Gorge XC, Donner Ski Ranch, Sugar Bowl and Boreal. Homeowners enjoy views of Soda Springs mountain, endless hiking trails and some properties are riverfront.
The charming General Store gives the neighborhood an old timey feel. A ski shuttle runs during the winter to take guests to the nearby ski resorts. Truckee is easily accessible, and the North Lake Tahoe ski resorts are only a 30 minute drive.
Soda Springs Sales Activity 2021
As we began 2021, the median price for a home in Soda Springs was around $499K. However, a very active June 2021 market shows that Soda Springs home prices were up 24.0% compared to last year, selling for a median price of $700K. The average homes sell for about 6% above list price and go pending in around 39 days. Well priced homes are currently selling 13% above list price and go pending in around 18 days. Like other parts of Lake Tahoe, Donner Summit is seeing an strong uptick in sales activity.
My listing at 21180 Donner Pass Road, an Old Tahoe charmer, recently went into escrow. This 3 bedroom, 2 bath home has character and charm, and has an additional bonus room which is great for kids and extra guests, and lives like a 4 bedroom house.
I also have a lot that is currently available for sale, located at 21164 Donner Pass Road with an asking price of $175K. This lovely, level, sunny lot is just 15 minutes from Truckee and only 2 miles from Sugar Bowl. Nicely treed with a seasonal creek on the back of the lot and large boulders create a wonderful setting for your new construction project. Side of lot is partially landscaped with a meandering stone path and mature plants.
Below are a few other choice Soda Springs listings.
This beautiful Mountain Home is conveniently located on Donner Summit, surrounded by endless outdoor opportunities. The property is adjacent to Boreal, Auburn Ski Club & Tahoe National Forest. Outdoor lovers dream getaway! Property also borders the Hole in the Ground Bike Trail and Castle Creek. Asking $925K.
This is the PERFECT home for family adventures or just relaxing on one of the three decks. Home is an extensive remodel, and includes a new laundry room, bedroom and upstairs living room with deck access. Oak flooring throughout the downstairs and a 34 foot drive thru garage offers easy access to the greenbelt and miles of off-road and snowmobile trails. Close to Historic Truckee, the Yuba River and world-class ski resorts. Asking $585K.
Donner Summit has become a great choice for affordable homes for sale in the Lake Tahoe and Truckee area. In addition to Soda Springs, Serene Lakes is also selling extremely well. I’d love to show you why Soda Springs is such a great investment opportunity. Contact me today for a free market analysis on your property or for more information on available homes for sale.