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Homes for Sale in Montgomery Estates, South Lake Tahoe
About Montgomery Estates, South Lake Tahoe
About South Lake Tahoe: Montgomery Estates is a neighborhood in South Lake Tahoe. South Lake Tahoe is the most populous city in El Dorado County, California, United States, in the Sierra Nevada mountains. The city's population was 21,330 at the 2020 census, down from 21,403 at the 2010 census. The city, along the southern edge of Lake Tahoe, extends about 5 miles (8 km) west-southwest along U.S. Route 50, also known as Lake Tahoe Boulevard. The east end of the city, on the California–Nevada state line right next to the town of Stateline, Nevada, is mainly geared towards tourism, restaurants, hotels, and Heavenly Mountain Resort with the Nevada casinos just across the state line in Stateline. The western end of town is mainly residential, and clusters around "The Y", the intersection of US 50, State Route 89, and the continuation of Lake Tahoe Boulevard after it loses its federal highway designation.
Montgomery Estates is a sought-after neighborhood in South Lake Tahoe, CA. Browse available listings to find your perfect home in this neighborhood.
South Lake Tahoe Market Report
South Lake Tahoe Market Pulse
Topfind Market Read
Buyers hold the edge right now. The typical home takes about 113 days to sell, and 100% of current listings have been up for more than 30 days. Buyers are firmly in control and can negotiate hard, while sellers need sharp pricing to draw attention.
Median Home Price
$1.43M
Chart shows the median closed sale price by month
Sales Velocity
How fast homes are selling
Homes are sitting on the market, so buyers often have strong leverage to negotiate price, terms, and repairs.
Inventory Distribution
A larger share of listings has been up beyond 30 days, which typically means more room to negotiate on those longer-listed homes.
Median Price by Bedroom
Home prices generally rise with bedroom count, though not every step adds value.
Each additional bedroom adds about $435K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 4 → 5 bedrooms (+$979K)
Price Reductions
1 listings have reduced their price
20% of active listings
Average reduction: 7.8% (~$111K)
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