Lake Tahoe Transportation Plan Approved

If there is one topic that is always in the news in Truckee and Lake Tahoe, it’s transportation.  And with good reason.  As the world continues to discover the magnificence of living and working in the High Sierra, we all are more sensitive everyday to this trend’s impact on our environment.

As an architect firm that serves the Tahoe Basin and all the Counties within the High Sierra, we have seen what a few more cars can do on a busy day.

Thankfully, the Tahoe Regional Planning Agency and their Bi-State Compact Partners have just approved the new Regional Plan.  With the TRPA’s website, they offer a variety of excellent information that explains just what this document covers and the inpact it will have on our future.

Their website has a brief overview of that the Plan is in layman’s terms.  It notes:

The Regional Plan is a regulatory framework that includes several initiatives and documents. The Plan is meant to be updated every four years, in conjunction with an environmental evaluation report, so that the plan can adapt to changing needs, circumstances and emerging threats. Click on any of the components of the Plan below to find out more about each one.

To give you a quick overview, I have selected some highlights from their website at TRPA.org.  Feel free to click in read more of the specifics.

A new way forward for Lake Tahoe was approved in December, 2012 with an update of the Lake Tahoe Regional Plan. The updates encourage greater private-public partnerships and created incentives for property owners to make Lake-saving improvements to their home or business. Use these fact sheets for an overview of the focused updates that went into effect in February, 2013.

The California State Resources Agency submitted a letter to state leaders affirming that the 2012 Regional Plan Update is consistent with the requirements of the Bi-State Tahoe Regional Planning Compact.

The Bi-State Compact requires TRPA to create a Regional Plan to establish a balance, or equilibrium, between the natural environment and the human-made environment. The Plan emphasizes an improvement in the quality of development in the Region and in the quality of the natural environment. The Compact was written and signed by the states of California and Nevada and ratified by the U.S. Congress. The original compact was signed in 1969 and substantially revised in 1980 to give the Agency more regulatory powers and more specific environmental targets, called Thresholds.  In 2013, the states initiated the process to revise the Compact again to solidify the new direction.

For more details, follow these links below.

Regional Plan By-The-Numbers

Regional Plan Fact Sheets

Regional Plan Fact Sheet (Spanish)

Making Tahoe Bikeable/Walkable

For over 30 years, our architect firm that serves Incline Village, Lake Tahoe, Truckee and Carson City has been providing our clients with up-to-date information about the region in all capacities.

Whenever you have questions about building codes, county regulations, environmental codes, and more, please contact me at any time.  I am always happy to share our insight.

Jim Borelli
Borelli Architecture
Lake Tahoe / Truckee
jim@borelliarchitecture.com

775 831 3060

Lake Tahoe’s Real Estate Market Still Breaking Records

As our architecture firm in Incline Village, NV, continues to experience one of our busiest years on record, the real estate marketing throughout Lake Tahoe is echoing the same.

Within a recent Luxury Market Report published by Chase International, the statistics continue to tell the tale of 2020 and how the world seemed to find our piece of paradise, purchase property, and call the High Sierra “Home Sweet Home.”

When you follow this link you can read the entire Lake Tahoe Real Estate Report  at your leisure.  To save you time, we have captured some of the report’s highlights:

Now that 2020 is in the books, it’s time to take a closer look at how the luxury real estate market is performed in 2020. WOW, is the response! The market has been explosive in Lake Tahoe properties sold over $1 million for a total of 722 units. Leading the way, South Lake Tahoe, CA witnessed a whopping 121% increase in properties over $1 million, followed by West and North Shore which recorded a staggering 113% with East Shore a close 96% increase. Incline Village was up 83%. These numbers are historic because, as of June 2020, the entire market was down across the board. We have not seen such a vigorous market swing in a short period of time in recent history.

Here are some regional stats about real estate sales in Lake Tahoe, Truckee, and the greater Reno/Carson City area:

  • The highest home sale within the entire region sold for $38 million and is located on Lake Tahoe’s East Shore.
  • The North and West Shores led in lakefront sales with 21 closed transactions in 2020 verses 14 the year before.
  • In Incline Village, where our architecture firm is based, recorded 16 lakefront properties sold verses just four in 2019.
  • Over in Truckee, where we have designed a considerable amount of mountain estates, that region recorded 503 properties that sold over $1 million each, with the median price stated at $1,650,000.  Remarkable to say in the least.  The report also noted that Martis Camp, where we have designed several homes for our clients, continues to be the most affluent community in the Northern Region of the Lake Tahoe/Truckee area.

And, just over the eastern crest of Lake Tahoe, our friends at Clear Creek Tahoe Development were all a part of the Carson City’s astounding real estate sales.  The Luxury Report published by Chase International quoted:

Carson Valley has seen the most tremendous growth in 2020 with a 183% increase of units sold over $1 million. 65 homes in 2020 over a million versus 23 in 2019. The highest priced property sold in the Carson Valley was $12 million with the second at $6,950,000.”

To see all the statistics about how real estate faired over the past year, dive deeper into Chase International’s Spring/Summer Real Estate Report right here.

And for more information about the neighborhoods, home developments in Lake Tahoe, Truckee, and Carson City, feel free to reach out to Borelli Architecture at any time.  We have designed a significant amount of homes in the region and have the personal insight to share with you.

Jim Borelli
Borelli Architecture
Lake Tahoe / Truckee
jim@borelliarchitecture.com

775 831 3060