As summer 2025 has officially come to a close, Lake Tahoe’s real estate market tells a story of increased activity, shifting buyer behavior, and the enduring allure of true lakefront living. Overall market trends showed a mix of momentum and price sensitivity, while the luxury lakefront segment continued to capture the attention of well-heeled buyers seeking legacy homes on Tahoe’s shores.
This summer underscored a clear theme: buyers are more discerning across the Tahoe region, weighing value and quality carefully which leads to why luxury lakefront properties continue to defy broader market headwinds. With limited supply and enduring prestige, true Tahoe lakefront homes remain among the most coveted assets in the market—commanding attention and premium pricing from buyers who see them as both a lifestyle investment and a generational legacy.
In June, 29 lakefront homes were for sale and by the end of September, 15 had been sold and 6 still pending by the end of September. The average sold price for the sold lakefront homes this summer is $11.8M vs the average listing price of $12.1M underscoring the enduring strength of Tahoe’s lakefront segment, where subtle negotiations occur at a level that reflects the rarity and prestige of owning on the water. View a few of our favorite lakefront homes that were sold this summer, as well as lakefront homes that are still actively listed.
The Dietz Group's Top Summer Picks
California Lakefront Homes Sold
- 3280 Edgewater Drive, Tahoe City, CA - Sold for $19,250,000
- 4250 North Lake Boulevard, Carnelian Bay, CA - Sold for $15,500,000
- 3965 Belleview Ave, Homewood, CA - Sold for $14,900,000
Nevada Lakefront Homes Sold
- 1013 Lakeshore Boulevard, Incline Village, NV - Sold for $37,500,000
- 480 Gonowabie Road, Crystal Bay, NV - Sold for $24,500,000
- 410 Gonowabie Road, Crystal Bay, NV - Sold for $11,800,000
Lakefront Homes Currently For Sale
- 226 Four Ring Road, Rubicon Bay, CA - Listed for $45,000,000
- 300 State Route 28, Crystal Bay, NV - Listed for $43,000,000
- 1350 West Lake Boulevard, Tahoe City, CA - Listed for $17,500,000
About The Dietz Group
The Dietz Group has sold over $1.55 billion in Lake Tahoe real estate sales in both California and Nevada, including 91 lakefront homes totaling over $843 million in lakefront sales. On January 31, the Dietz Group sold 2020 West Lake Boulevard, a west shore lakefront estate, for $27,500,000. This landmark sale marked the highest lakefront sale on the California side of the lake in nearly three years. The previous high sale was $41,259,000 in May 2022, when the Dietz Group also represented the seller.
Whether you are looking for a legacy estate to enjoy for generations or simply seeking to gain an understanding of the lakefront landscape, we offer our expertise to guide your search.
Interested in learning more? Read our Q3 2025 Market Report here.