South Real Estate-Bijou

 The Bijou neighborhood is one of the oldest neighborhoods in South Lake Tahoe.  It is located between Pioneer Trail and Regan Beach west of Ski Run Blvd.  The South Tahoe MLS divides the Bijou neighborhood into two sections. Bijou 1 and Bijou 2.   The Bijou neighborhood is perfect for those wanting to be in close proximity to all that Lake Tahoe offers.  It is centrally located near shopping, restaurants, golf, casinos, and Heavenly ski resort. 

Currently there are 41 homes listed in the Bijou neighborhood.  The prices range from  fixers in the high $140,000 range to large new construction homes on acreage priced over $2.2 million dollars. 

1099 Glenwood Way, South Lake Tahoe

Great in town location for this large rancher that is an established vacation rental. Situated on a corner, double lot with large gates that provide drive through access for your boat or RV. The home has three bedrooms, two full baths, half bath, and a bonus room with built in bookcases that would be ideal as a game room, office, or an extra bedroom. The expansive, sunny deck is perfect for entertaining. This home also has ample storage with a large area off the bonus room and two storage sheds. Furnishings are included per Sellers inventory list. An excellent value for a home and parcel this size. Easy access to bus line, shopping, casinos, beaches and Heavenly Ski Resort.

1848 Square Feet of Living Space

15541 Square Foot Parcel

3 bedrooms plus bonus room

2.5 baths

South Lake Tahoe Market Update- Bijou Neighborhood

As of February 19, 2011 there are 46 homes listed in the Bijou neighborhood of South Lake Tahoe. The lowest priced home located at 3682 Alder Ave. is a 2 bedroom 1 bath with 572 square feet. It is listed at $119,900. The highest priced property is a 4272 square foot home with 5 bedrooms and 4 baths that sits on 7 acres. It is located at 1300 Glenwood Way. and it is listed at $1,799,000.

From January 1st, 2010 to December 31st, 2010, 63 homes were sold in the Bijou neighborhood. 8 of which were short sales and 23 were bank owned. The median sales price was $230,000 and the average price was $270,121. The lowest priced property of the homes sold was a 3 bedroom 2 bath 1162 square foot home at 3606 Birch Ave. which sold for $88,725. The highest priced sold property was a 1 bedroom 1 bath 624 square foot home at 920 Balbijou Rd #125 which sold for $330,000. From January 1st, 2009 to December 31st, 2009, 59 homes were sold. Of those 59 homes, 3 was a short sale and 24 were bank owned properties. The median home price in Bijou was $245,000 and the average was $268,583. The lowest priced home that was sold in the Bijou area in 2009 was a 1 bedroom 1 bath 716 square foot home at 3404 Freel St. that sold for $120,000. The highest was a 4 bedroom 2 bath 1811 square foot home at 1091 Craig Ave. which sold for $325,000. Finally, from January 1st, 2008 to December 31st, 2008, 47 homes were sold, 1 of which was a short sales and 9 were bank owned homes. The median price in Bijou in 2008 was $330,000 and the average was $364,251. The lowest priced home, located at 3344 Sandy Way #27, a 2 bedroom 1 bath with 1000 square foot sold for $149,900. The highest, located at 3399 Aloha Rd., was a 4 bedroom 2.5 bath 2953 square foot home that sold for $760,000.