Dickson Truckee/Tahoe Newsletter - August 2018

NEWS YOU CAN USE

AUGUST 2018 MARKET NEWSLETTER Truckee, Tahoe Donner, Alpine/Squaw, Donner Summit, Golf Course Communities, North and West Lake Tahoe, CA.

TABLE OF CONTENTS Dickson Realty Truckee Office Fun Facts

PAGE 2

2018 2nd Qtr. Statistics

3-7

Guild Mortgage Corner

8

Tax Deductions for Vacation Homes What’s on Your Agenda?

Calendar and August Events

9-10 11 12-16

The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440

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AUGUST 2018 MARKET NEWSLETTER Truckee, Tahoe Donner, Alpine/Squaw, Donner Summit, Golf Course Communities, North and West Lake Tahoe, CA.

The Dickson Realty Truckee Team is always available to provide excellent and dedicated client service whether you are considering buying or selling a home. Our team of seasoned professionals, all Realtors®, possess the most current and comprehensive market information. Combined with their knowledge and experience, they are uniquely qualified to be expert guides in your real estate venture. Contact us and become another satisfied client.

Call, e-mail, visit our office, or access us on the web. We are here for you 24/7.

Office Info: Phone: 530-587-7444 Fax:530-587-8064 Email: truckeeinfo@dicksonrealty.com Address:11836 Donner Pass Road Truckee, CA 96161 TRUCKEE the Name: The town's original name was Coburn Station, commemorating a saloon keeper. It was renamed Truckee after a Paiute chief, whose assumed Paiute name was Tru-ki-zo. ... The friendly Chief rode toward them yelling, “Tro-kay!”, which is Paiute for “Everything is all right”.

TRUCKEE the River: The Truckee River is a river in the states of California and Nevada. The river flows northeasterly and is 121 miles (195 km) long. The Truckee is the sole outlet of Lake Tahoe and drains part of the high Sierra Nevada, emptying into Pyramid Lake in the Great Basin of Nevada.

LAKE TAHOE the Size: The surface area is 191 square miles (122,200 acres). The shoreline length is 75.1 miles and the encircling state highway is 71.8 miles long. A maximum depth of 1,645 feet in Crystal Bay makes Tahoe the second deepest lake in the USA, third deepest in North America and 11th deepest in the world.

LAKE TAHOE the Formation: Although it is commonly believed that Lake Tahoe was formed by the collapse of a volcanic crater, the Basin was actually formed by the rise and fall of the landscape due to faulting. About 24 million years ago the Sierra Nevada block was formed by tremendous uplifting.

The following pages contain Residential Sales Statistics for the areas of Truckee Area (Inclusive), Tahoe Donner, Golf Course Communities of Gray’s Crossing, Lahontan, Old Greenwood, Schaffer’s Mill and Martis Camp Alpine/Squaw, Donner Summit North Lake Tahoe, CA and West Shore Lake Tahoe, CA

The sales statistics are a comparison of sales activity for the current Year To Date June 2018 when compared to the same period in 2017. Information contains Median and Average Prices, Lowest and Highest Sales, Number of transactions and the % change in each category.

The sales shown are for Single Family Residential, Condominiums and Townhouses in each of the market areas.

(Time share and/or shared ownership are not included in the statistics presented.)

The data source is the Tahoe Sierra Board of Realtors for the quarterly period January – June 2017/2018 with data pulled on July 10, 2018.

The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440

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AUGUST 2018 MARKET NEWSLETTER Truckee, Tahoe Donner, Alpine/Squaw, Donner Summit, Golf Course Communities, North and West Lake Tahoe, CA.

LUXURY HOME SPECIAL REPORT In the first six months of 2018, a total of 155 luxury homes were sold in the Truckee/Tahoe market. This summary report is the year to date activity, January through June. At 61% of total sales, the highest percentage of sales in the luxury market continues to be in the $1M - $2M price range.

LUXURY HOME SALES OVER $1 MILLION TRUCKEE ALPINE MEADOWS SQUAW VALLEY DONNER SUMMIT NORTH SHORE, LAKE TAHOE, CA WEST SHORE, LAKE TAHOE, CA

# OF SALES 105 2 4 1 28 15

SOLD LISTINGS OVER $1 MILLION $1,000,000-$2,000,000 $2,000,001-$3,000,000 $3,000,001-$5,000,000 $5,000,001 and higher

SOLD LISTINGS 94 19 28 14

AVERAGE SALES $ $2,376,805 $1,175,000 $1,595,625 $1,167,000 $3,013,104 $4,948,800

% OF TOTAL SALES 61% 12% 18% 9%

HIGHEST SALES $ $8,800,000 $1,200,000 $2,150,000 $1,167,000 $22,865,543 $40,000,000

AVERAGE SALES PRICE AVG DOM $1,345,951 80 $2,452,578 58 $3,866,320 193 $9,956,208 200

The statistics presented below are for the Truckee market for the period January – June 2018 when compared to the same period for 2017.

Truckee Inclusive includes Truckee, Tahoe Donner and the Golf Course communities.

Statistics specifically for Tahoe Donner and Golf Course communities are presented on the next page.

Truckee

YTD JUNE 2017

Inclusive

Median Sales Price Average Sold Price Lowest Sold Price Highest Sold Price Average Days on Market Homes Sold

$ $ $ $

623,000 868,299 75,000 6,800,000 76 344

YTD JUNE 2018 $ $ $ $ $ $

709,800 1,152,081 89,000 8,800,000 66 338

% Change 14% 33% 19% 29% -13% -2%

Truckee Inclusive $1,152,081

Average Sold Price

Median Sales Price

$868,299 $709,800 $623,000

YTD JUNE 2018

YTD JUNE 2017

The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440

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AUGUST 2018 MARKET NEWSLETTER Truckee, Tahoe Donner, Alpine/Squaw, Donner Summit, Golf Course Communities, North and West Lake Tahoe, CA.

Tahoe Donner Truckee Sub-Market

Median Sales Price Average Sold Price Lowest Sold Price Highest Sold Price Average Days on Market Homes Sold

$ $ $ $

YTD JUNE 2017 590,000 605,092 75,000 1,425,000 51 143

YTD JUNE 2018 650,000 726,838 90,000 1,615,000 36 131

$ $ $ $ $ $

% Change 10% 20% 20% 13% -29% -8%

Tahoe Donner Truckee Sub-Market $726,838

Average Sold Price

$605,092 $650,000

Median Sales Price

$590,000 YTD JUNE 2018

Golf Course Communities

YTD JUNE 2017

YTD JUNE 2017

Gray's Landing, Lahonan, Old Greenwood,

YTD JUNE 2018

% Change

Schaffer's Mill & Martis Camp

Median Sales Price Average Sold Price Lowest Sold Price Highest Sold Price Average Days on Market Homes Sold

$ $ $ $

1,631,500 2,367,750 675,000 6,800,000 142 44

$ $ $ $ $ $

2,662,500 3,133,964 885,000 8,800,000 136 54

63% 32% 31% 29% -4% 23%

Golf Course Communities Truckee Sub-Market $3,133,964

Average Sold Price

Median Sales Price

$2,367,750 $2,662,500 $1,631,500 YTD JUNE 2018

YTD JUNE 2017

The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440

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AUGUST 2018 MARKET NEWSLETTER Truckee, Tahoe Donner, Alpine/Squaw, Donner Summit, Golf Course Communities, North and West Lake Tahoe, CA.

Alpine/Squaw *

Median Sales Price Average Sold Price Lowest Sold Price Highest Sold Price Average Days on Market Homes Sold

$ $ $ $

YTD JUNE 2017 530,000 695,133 146,000 1,800,000 222 39

YTD JUNE 2018 553,500 668,650 175,000 2,150,000 264 38

$ $ $ $ $ $

% Change 4% -4% 20% 19% 19% -3%

Alpine/Squaw $668,650

Average Sold Price

$695,133 $553,500

Median Sales Price

$530,000

YTD JUNE 2018

Donner Summit *

Median Sales Price Average Sold Price Lowest Sold Price Highest Sold Price Average Days on Market Homes Sold

$ $ $ $

YTD JUNE 2017

YTD JUNE 2017 510,000 503,260 140,000 1,225,000 106 25

YTD JUNE 2018 430,000 521,400 189,000 1,167,000 48 25

$ $ $ $ $ $

% Change -16% 4% 35% -5% -55% 0%

Donner Summit $521,400

Average Sold Price

$503,260 $430,000

Median Sales Price

$510,000

YTD JUNE 2018

YTD JUNE 2017

The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440

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AUGUST 2018 MARKET NEWSLETTER Truckee, Tahoe Donner, Alpine/Squaw, Donner Summit, Golf Course Communities, North and West Lake Tahoe, CA.

North Lake Tahoe

YTD JUNE 2017

California

Median Sales Price Average Sold Price Lowest Sold Price Highest Sold Price Average Days on Market Homes Sold

$ $ $ $

607,000 718,033 86,500 5,725,000 97 114

YTD JUNE 2018 $ $ $ $ $ $

567,500 1,140,784 175,000 22,865,543 94 113

% Change -7% 59% 102% 299% -3% -1%

North Lake Tahoe, Ca. $1,140,784

Average Sold Price

$718,033 $567,500 $607,000

Median Sales Price

YTD JUNE 2018

West Shore Lake Tahoe

YTD JUNE 2017

California Median Sales Price Average Sold Price Lowest Sold Price Highest Sold Price Average Days on Market Homes Sold

YTD JUNE 2017

$ $ $ $ $

610,750 1,357,970 200,000 15,000,000 99 58

YTD JUNE 2018 $ $ $ $ $ $

675,000 1,815,004 425,000 40,000,000 66 55

% Change 11% 34% 113% 167% -33% -5%

West Shore Lake Tahoe, Ca. $1,815,004

Average Sold Price Median Sales Price

$1,357,970 $675,000 $610,750

YTD JUNE 2018

YTD JUNE 2017

The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440

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AUGUST 2018 MARKET NEWSLETTER Truckee, Tahoe Donner, Alpine/Squaw, Donner Summit, Golf Course Communities, North and West Lake Tahoe, CA.

TRUCKEE MARKET (Inclusive) Median Sales Price Single Family Homes Sold Average Days on Market

TAHOE DONNER (Truckee Sub-Market) Median Sales Price Single Family Homes Sold Average Days on Market

GOLF COURSE COMMUNITIES (Truckee Sub-Market) Median Sales Price Single Family Homes Sold Average Days on Market

ALPINE/SQUAW Median Sales Price Single Family Homes Sold Average Days on Market

DONNER SUMMIT Median Sales Price Single Family Homes Sold Average Days on Market

NORTH LAKE TAHOE, CA Median Sales Price Single Family Homes Sold Average Days on Market

QUARTER END JAN. -MARCH 2018 $ 686,250 166 77 QUARTER END JAN. -MARCH 2018 $ 660,000 63 47

QUARTER END APRIL -JUNE 2018 $ 729,000 172 55 QUARTER END APRIL -JUNE 2018 $ 649,950 68 26

QUARTER END QUARTER END JAN. -MARCH APRIL -JUNE 2018 2018 $ 2,202,500 $ 3,387,500 30 24 127 149

2018 QUARTER BY QUARTER RESULTS The TRUCKEE INCLUSIVE MARKET results include the subcommunities of Tahoe Donner and the Golf Course communities.

Specific data for each of those sub-markets is also presented.

QUARTER END QUARTER END JAN. -MARCH APRIL -JUNE 2018 2018 $ 427,000 $ 763,450 20 18 263 265

The report represents 2018 activity per quarter (not cumulative). Median price in each market, for the most part, has trended upward in the 2nd quarter over the 1st quarter.

QUARTER END QUARTER END JAN. -MARCH APRIL -JUNE 2018 2018 $ 390,000 $ 615,000 10 15 51 47

Median pricing has increased, sales have generally increased and days on market has decreased.

QUARTER END QUARTER END JAN. -MARCH APRIL -JUNE 2018 2018 $ 530,000 $ 628,000 49 64 95 93

The Truckee/Tahoe market continues to experience good activity in all areas.

WEST SHORE LAKE TAHOE, CA QUARTER END Median Sales Price Single Family Homes Sold Average Days on Market Data pulled 7/10/2018 from TSBOR

QUARTER END JAN. -MARCH APRIL -JUNE 2018 2018 $ 692,000 $ 675,000 24 31 110 33

The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440

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AUGUST 2018 MARKET NEWSLETTER Truckee, Tahoe Donner, Alpine/Squaw, Donner Summit, Golf Course Communities, North and West Lake Tahoe, CA.

Supplemental Tax Bill Assessments New Property Owner’s Responsibility A supplement tax bill is the difference between the taxes due on the old property value (seller’s property) and the new assessed value of your property (the buyer’s property). It is important to understand that these Supplemental Assessments are ‘in addition’ (supplemental) to the annual property tax bill. The new property owner (you) are responsible for this bill.

The lender does not have knowledge of the final amounts of the assessment or the timing; that is up to the county assessor.

The supplemental assessment amounts are not available during the escrow process yet, are the responsibility of the new owner. This is true even if the regular annual property taxes are paid by a lender through an impound account. The tax bills or refunds for these assessments are mailed directly to the new owner of the property. Any questions on these bills can only be answered by the assessor’s office. Supplemental Assessments are issued by the county when a property changes ownership by the county tax assessor. If you received a Notice of Supplemental Tax Assessment, the Assessor was required to reassess your property.

General information: In some cases you may receive two or more supplemental tax bills. The number of supplemental bills is dependent on the date the ownership changed.

If the date is: Jan 1 – May 31: You will receive 2 supplemental assessments. The first will be prorated from your date of event to the following June 30th. The second will be for the entire subsequent assessment year from July 1st to June 30th.

June 1 – December 31: You will receive 1 supplemental assessment prorated from your date of event to the following June 30th.

To contact the county or for more information, please go to the county where your property is located. Here are some of the common counties websites: v Placer County: https://www.placer.ca.gov/departments/assessor/supplemental-assessments v Nevada County: https://www.mynevadacounty.com/faq.aspx?qid=176 v El Dorado County: https://www.edcgov.us/Government/Assessor/Pages/supplemental assessments.aspx

If you have any questions regarding loan limits, refinancing or purchasing a home, please feel free to reach out to The Rice Team.

11050 Pioneer Trail Suite 201 Truckee, CA 96161 Phone: (530) 582-9991 Fax: (530) 582-9995. Web:wwwTheRiceTeam.com

The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440

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AUGUST 2018 MARKET NEWSLETTER Truckee, Tahoe Donner, Alpine/Squaw, Donner Summit, Golf Course Communities, North and West Lake Tahoe, CA.

Tax Deductions for Vacation Homes

(More on those below.) If the home is rented for more than 14 days, you must claim the income.

Now, if you own what you consider a vacation home but never visit it, or only rent it out, other tax rules apply. Without personal use, the law considers the home an investment or rental property. Time spent checking in on the house or making repairs doesn’t count as personal use.

Tax Deductions for Rental Owners

Tax deductions for vacation homes vary greatly depending on how much you use the home and whether you rent it out.

A vacation home offers a break from the daily grind, but it can also offer a break from taxes. The IRS allows most owners to lower taxable income by taking tax deductions for vacation homes. What’s deductible depends on a number of factors, especially how often you visit and whether you allow renters.

Don’t limit your notion of a vacation home to a beach cottage or a mountain cabin. Even RVs and boats can count, as long as there are sleeping, cooking, and bathroom facilities. Tax deductions for vacation homes are complex, so consult a tax adviser.

Is Your Home a Vacation Home?

If you bought your vacation home exclusively for personal enjoyment, you can generally deduct your mortgage interest and real estate taxes, as you would on a primary residence. Use Schedule A to take the deductions.

The tax law even allows you to rent out your vacation home for up to 14 days a year without paying taxes on the rental income.

You might be able to deduct any uninsured casualty losses too, within limits, though you can’t write off rental-related expenses.

As an exclusive rental property, you can deduct numerous expenses including property taxes, insurance, mortgage interest, utilities, housekeeping, and repairs.

Even towels and sheets are deductible. Use Schedule E. You can also write off depreciation, the value lost due to the wear and tear a home experiences over time.

Treat the rental property like a business, says Mark Steber, chief tax officer at Jackson Hewitt Tax Services. Keep detailed records and maintain a separate checking account. Figure you’ll spend a couple of hours a week, on average, over the course of the year managing the property.

To maximize deductions, you need to be actively involved in the rental property. That means performing such duties as approving new tenants and coming up with rental terms. You also need to own at least 10% of the property. See IRS Publication 527 for details.

If your adjusted gross income is below $100,000, you can deduct as much as $25,000 for rental losses — that is, the excess of your rental expenses over your rental receipts. The deduction gradually phases out between an adjusted gross income of $100,000 and $150,000. You can carry forward excess losses to future years or offset losses to offset gains when you sell.

The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440

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AUGUST 2018 MARKET NEWSLETTER Truckee, Tahoe Donner, Alpine/Squaw, Donner Summit, Golf Course Communities, North and West Lake Tahoe, CA.

Mixed Use of a Vacation Home Congress Closes Tax Loophole The tax picture gets more complicated when in the same year you make personal use of your vacation home and rent it out for more than 14 days. Remember, rental income is tax-free only if you rent for 14 days or fewer.

The key to maximizing deductions is keeping annual personal use of your vacation home to fewer than 15 days or 10% of the total rental days, whichever is greater. In that case the vacation home can be treated as a rental, meaning you get the same generous deductions. To avoid going over the 10% limit, essentially you shouldn’t use your vacation home more than one day for every 10 days you rent it.

Make personal use of your vacation home for more than 14 days (or more than 10% of the total rental days, if this is greater than 14 days), however, and your deductions may be limited. For example, suppose you rented your vacation home for 180 days last year. You could use the home for up to 18 days of personal use before your deductions would be limited.

If you exceed the maximum, some deductions are limited; those related to the rental of the property are again limited by the ratio of actual rental days to the total days of use.

Let’s say you have a vacation home you personally use for 25 days and rent for 75 days. That’s 100 total days of use, and it exceeds the greater of 14 days or 10% of the rental days. Therefore, your deductions are going to be limited in total and will also have to be allocated to personal and rental use by the ratio of time you rented the house compared with the total use. So you can only write off 75% of the expenses as rental expenses — 75 rental days divided by 100 total days of use works out to 75%.

Some of the personal expenses, such as mortgage interest and real estate taxes, may be deductible on Schedule A.

A popular strategy used by owners of vacation homes to avoid paying capital gains on a sale was to convert a vacation home into a primary residence. This was accomplished by living in the home for two years out of the previous five before selling.

Doing so qualified the sale for an exclusion from taxes for a profit of up to $250,000 for single filers and $500,000 for joint filers.

While the exclusion remains available, Congress closed a loophole for vacation homes. For 2009 and later years, you pay regular cap gains taxes on the portion of the gain that’s equivalent to the time you used the home as a vacation home after 2008.

Let’s say you bought a vacation home on Jan. 1, 2003, and it becomes your primary residence on Jan. 1, 2011. Two years later, you qualify for the cap gains exclusion and decide to sell on Jan. 1, 2013. You’re liable for capital gains taxes on 20% of the gain.

Why? Because for 20% of the 10 years you owned the property, it wasn’t eligible for the exclusion: In 2009 and 2010, you used it as a vacation home. But you can take the exclusion for the other eight years — 2003 through 2008, when the old rules applied, and Jan. 1, 2011, to Jan. 1, 2013, when the place was used as a primary residence.

This article provides general information about tax laws and consequences, but shouldn’t be relied upon as tax or legal advice applicable to particular transactions or circumstances. Consult a tax professional for such advice.

DONNA FUSCALDO has written about personal finance for more than decade for Dow Jones Newswires, the Wall Street Journal, and Fox Business News.

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by REALTORS® © Copyright 2018 NATIONAL ASSOCIATION OF REALTORS®

The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440

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AUGUST 2018 MARKET NEWSLETTER Truckee, Tahoe Donner, Alpine/Squaw, Donner Summit, Golf Course Communities, North and West Lake Tahoe, CA.

What’s on your agenda?

The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440

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AUGUST 2018 MARKET NEWSLETTER Truckee, Tahoe Donner, Alpine/Squaw, Donner Summit, Golf Course Communities, North and West Lake Tahoe, CA.

AUGUST 2018 SUN

MON 29

TUES 30

WED 31

THUR 01

FRI 02

SAT 03

Hike Shirley Canyon Squaw Crk Truckee Farmers Mkt 05

06

Classical Tahoe

Classical Tahoe 12

Commencement Northstar Downhill Race Series

Truckee Farmers Mkt 13

Truckee Community Farmers Mkt

20

21

Truckee Farmers Mkt 27

28

Truckee Thursdays

08

Yoga Squaw

Yoga Squaw

Truckee Thursdays 16

29

Classical Tahoe

Classical Tahoe 10

11

2018 Sierra Forage Dinner

Brews, Jazz and Funk Fest

Classical Tahoe

Classical Tahoe 17

23

18

Hike Lower Carpenter Valley

Truckee Thursdays

22

Yoga Squaw

Sierra Crest Ultra Run

09

15

Lake Tahoe Music Festival

Truckee Community Farmers Mkt 26

14

Truckee Farmers Mkt

Classical Tahoe

19

07

Yoga Squaw

04

24

25

Hike Lower Carpenter Valley

California ENDURA Series

Truckee Thursdays

TRUCKEE PRORODEO

Lake Tahoe Music Festival

Lake Tahoe Music Festival

30

31

01

06

07

08

California ENDURA Series TRUCKEE PRORODEO Truckee Community Farmers Mkt

Truckee Farmers Mkt

02

03

Truckee Community Farmers Mkt

04

Truckee Farmers Mkt

Yoga Squaw 05

Yoga Squaw

There are so many activities in the area that we can only cover some special events. To see complete event listings visit : chamber.truckee.com or gotahoenorth.com Also visit the various resort sites such as tahoedonner.com, squawalpine.com, tdlandtrust.org and northstarcalifornia.com. Enjoy all the offerings the Truckee/Tahoe area has to offer!

The Dickson Truckee Team

11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440

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AUGUST 2018 MARKET NEWSLETTER Truckee, Tahoe Donner, Alpine/Squaw, Donner Summit, Golf Course Communities, North and West Lake Tahoe, CA.

Date and Event August 3, 4, 5 & 6 August 10, 11, 12 CLASSICAL TAHOE

August 4 SIERRA CREST ULTRA RUN

August 10 2018 Sierra Forage Dinner AND Fundraiser August 11and 12

Where Held

Time 7:00 pm 9:00 pm

E-mail: info@classicaltahoe.org

Each summer, Classical Tahoe brings together world renowned classical musicians for a music festival and institute on the campus of Sierra Nevada College in Incline Village, Nevada. Under the direction of Maestro Joel Revzen, the Classical Tahoe Orchestra includes virtuoso musicians from ensembles such as the Metropolitan Opera Orchestra, Leipzig Gewandhaus, San Francisco Symphony, Seattle Symphony and the LA Philharmonic to perform the musical masterpieces of Beethoven, Tchaikovsky, Mozart, Bernstein, Copland and more. Classical Tahoe’s 11-concert series, now in its 7th season, delights audiences with its superb musicians, intimate pavilion, multigenerational education programs, and majestic setting. Tickets range from $25-$120 each; e-mail or go to website for full schedule, programs, cost and time.

Starts at Tahoe Donner Adventure Center and ends at Auburn Ski Club Training Center on Donner Summit

8:00 am 3:00 pm

Fees range from $25 (youth) to $150

4th Annual Sierra Crest 50K and 30K Ultra Run & 15k Fun Run! Presented by Auburn Ski Club Training Center, the 30k and 50k races are point-to-point trail runs taking advantage of the best single track dirt trails between Truckee & Donner Summit. The courses offer scenic views of some of the Northern Sierra’s most stunning terrain, including Euer Valley, Frog Lake Cliffs, Summit Lake, Castle Peak, and other beautiful peaks of the Sierra Crest.

Stella Restaurant 10918 Brockway Rd Truckee

5:30 pm 9:30 pm

Nikki Riley E-mail nikki@mapf.org (530) 582-6751 Minimum of 4 people per reservation

A fundraiser for Mountain Area Preservation. Seasonal menu, live music & silent auction. Please join us on to celebrate Mountain Area Preservation's 10th Annual Sierra Forage Dinner! TICKETS: $175 per person; Your ticket includes the following: Passed Canapes, A Family Style Sit Down Dinner with Vegetarian Options, Wine Pairings, Dessert Attendance helps support Mountain Area Preservation!

Village at Squaw Valley

2:00 pm 8:00 pm

Kyle Faucher (530) 5846266 or email

The Brews, Jazz and Funk Fest will once again return to Squaw Valley August 11-12 from 2-8 p.m. both days. Festival-goers can sip on a wide array of tasty beers from 35 different breweries, as well as enjoy an incredible line-up of music both days. Entry into the event is only $5 dollars; beer tickets can be purchased for $5 each. All proceeds from the event benefit the Humane Society of Truckee-Tahoe.

info@assoc.auburnskiclub.org

kfaucher@squawvnc.com

Northstar California

All day

Locations vary

Times vary

Northstar California transforms into an endurance mountain biking Mecca August 25-26 as the fifth stop on the California Enduro Series and the second stop on the Golden Tour. The two-day race tests riders’ endurance levels and technical skills on a variety of Northstar Bike Park trails. While competitors push their limits, fans can explore hiking trails and ride chairlifts to view the race from multiple vantage points. Guests can take a break at the Mid-Mountain vendor village to shop for the latest gear, view upcoming bike trends or lounge at the Lodge at Big Springs with a Mountain Margarita in hand. For full information go to www.northstarcalifornia.com

CALIFORNIA ENDURO SERIES AT NORTHSTAR; ROUND 5

August 21, 22, 23, 24, 25, 26 Lake Tahoe Music Festival

Details

Concert Pavilion at Sierra Nevada College 291 Country Club Drive Incline Village, Ca 94951

Brews, Jazz and Funk Fest and Fundraiser

August 25 and 26

Contact Info.

PLEASE GO TO WEBSITE FOR FULL INFORMATION

Tahoemusic.org

The Lake Tahoe Music Festival's 26-piece Academy Orchestra presents a 5 day concert series at intimate outdoor settings on the west shore of Lake Tahoe, Tahoe city and Truckee. Bring your picnic, low-back lawn chair and favorite beverage for wonderful evenings of music. With Lake Tahoe in the backdrop we are looking forward to having fun with friends and listing to great music.

Same Day Tickets, after 3pm available at GATE (Cash or Check only) • ONLINE Tickets Available until 3pm same day of Concert • This activity is handicap accessible • NO REFUNDS. ALL SALES FINAL

The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440

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AUGUST 2018 MARKET NEWSLETTER Truckee, Tahoe Donner, Alpine/Squaw, Donner Summit, Golf Course Communities, North and West Lake Tahoe, CA.

On – Going SUMMER FUN

Where Held

Time

Cost Contact Info.

Tuesdays Now through 9/4

The Events Plaza in the Village at Squaw Valley

6:00 pm 8:30 pm

Kyle Faucher (530) 584-6266

This popular and FREE outdoor concert series in the Village at Squaw Valley features acclaimed blues musicians, great grab & go food offerings from Village restaurants and a Blues bar with beer, wine & spirits available from 6:00 pm to 8:30 pm in the Events Plaza.

During the summer Bluesdays series, Squaw offers discounted tickets for the Aerial Tram, food and drink specials, and lodging sales each and every Tuesday.

PJ’s at Gray’s Crossing 11406 Henness Road Truckee

5:30 pm 7:30 pm

Free - www.golfintahoe.com

Continuing into its 5th year, the Summer Concert Series at Gray’s Crossing continues to gain momentum and a growing reputation for bringing incredible talent to the stage. These free outdoor concerts are family-friendly and open to all. Lawn space is available on a first come, first serve basis. Check website for the schedule of bands/musicians. (No outside food or beverages)

Truckee Regional Park 10500 Brockway Rd Truckee

6:30 pm 8:30 pm

Free - info@trpd.org

Every Wednesday from June 20 to August 29, TRPD hosts a community gathering with great music in the amphitheater located at Truckee Regional Park. All Concerts start at 6:30pm. To ensure the safety and enjoyment of all who attend, no smoking and no dogs.

Please supervise your children at all times. Your contribution of any amount helps to ensure a full schedule of concert dates, as event costs continue to rise. Look for the blue donation boxes. Thank you.

Historic Downtown Truckee

5:00 pm 8:30 pm

Kings Beach State Recreation Area

6:00 pm 9:00 pm

BLUESDAYS AT SQUAW VALLEY

Tuesdays Now through 8/28 LIVE MUSIC SERIES Wednesdays Now through 8/29 MUSIC IN THE PARK

Thursdays Now through 8/23

Come celebrate the 11th year of Truckee Thursdays! From June 14th through August 23rd, Thursday nights in Historic Downtown Truckee is a special experience for people of all ages - residents, visitors and participants alike. Featuring live music, a food court, artisan vendors, merchant and community displays, children’s activities, and a beer garden. Free shuttle service will be provided again this year. Join us. Meet your neighbors and friends.

TRUCKEE THURSDAYS

Fridays Now through 8/21 MUSIC ON THE BEACH

Details

Free-www.northtahoebusiness.org

Start your summer weekend off right by listening and dancing to FREE live music performances featuring a variety of genres on the beautiful North Shore of Lake Tahoe. Music on the Beach takes place at Kings Beach State Recreation Area and concerts start at approximately 6:30pm on Fridays throughout the summer. Visit NTBA website for more information and to check entire 2018 Lineup.

Fridays Now through August 30th OUTDOOR SUMMER MOVIES

The Village at Squaw Valley

8:30 pm

Families and friends can snuggle up under the stars while enjoying new releases and family classics on the big screen in the Events Plaza at The Village at Squaw Valley.

A different movie shows every summer Thursday starting July 5. All movies start at 8:30 pm, weather permitting.

Blankets and warm clothes are recommended.

This is a FREE EVENT

The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440

NEWS YOU CAN USE

AUGUST 2018 MARKET NEWSLETTER Truckee, Tahoe Donner, Alpine/Squaw, Donner Summit, Golf Course Communities, North and West Lake Tahoe, CA.

Summer Events Date and Event

Where Held

Time

Contact Info.

Details

Thursday, Friday and Saturday Nights through September 1st

Northstar California’s Dark Skies Cosmoarium 150 Northstar Drive

7:00 pm 10:00 pm

Adults $40; Kids $20

We invite you to think big, REALLY big, and look up to the stars above Northstar California Every Thursday, Friday and Saturday evening throughout the summer. Join us at the Northstar Dark Skies Cosmoarium with star guide and poet Tony Berendsen for an intimate look at the Sierra stars. Bring childlike curiosity and wonderment to view the cosmos with Ryan Berendsen, telescope extraordinaire, through high-powered Celestron telescopes. Enjoy comfortable seating, blankets, outdoor heaters, hot chocolate, s’mores and more.

Wednesday evenings through August 29

Village at Squaw Valley (next to Wanderlust Yoga Studio)

5:00 pm 6:30 pm

Breathe and stretch with us this summer during our free outdoor yoga series with live music! Every Wednesday night from July 11 to August 29 we will offer free yoga classes under the sun in The Village at Squaw Valley, outside and next to the Wanderlust Yoga Studio. The complimentary classes kick off at 5 pm and are taught by a different (amazing) local teacher each week. New to yoga? All levels are welcome and complimentary yoga mats are available for your use!

Friday evenings through September

Village at Northstar

5:00 pm 7:00 pm

Fridays are for friends and family at Northstar California.

Activities include Margaritas & Mini-Golf, face painting, balloon twisting, roller skating or exploring the Summer Activities on the Overlook. Rink-side cabanas offer a relaxing place for parents to unwind with a craft cocktail and listen to live music on the Village stage, while kids and the young at heart squeeze out every bit of summer energy. www.northstarcalifornia.com

TRUCKEE RIVER REGIONAL PARK (Behind skateboard park)

11:00 am 2:00 pm

Saturdays: Every other Saturday thru Labor Day RIDE THE TRUCKEE RAILROAD

EMAIL tony@tahoestartours.com

Donations gratefully accepted. www.truckeedonnerrailroad society.com

The kids' railroad runs behind the skateboard park just east of Brockway Rd. (near the rodeo grounds). Kids of all ages, parents, grandparents and all others are welcome. Rides are free and donations are appreciated. The Truckee Donner Railroad Society train is sometimes pulled by a "diesel" locomotive and sometimes a real steam locomotive.

EVERY OTHER SATURDAY THROUGH LABOR DAY

The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440

NEWS YOU CAN USE

AUGUST 2018 MARKET NEWSLETTER Truckee, Tahoe Donner, Alpine/Squaw, Donner Summit, Golf Course Communities, North and West Lake Tahoe, CA.

On-Going Area Offerings Date and Event

Where Held

Time

Cost Contact Info.

Details

Sundays On-Going Art of Mixology

Ritz-Carlton Hotel 13031 Ritz Carlton Highlands Ct. Truckee

4:00 pm 6:00 pm

E-Mail Giles.priestland @ritzcarlton.com

Cost $60/per person at the Manzanita Bar. Entertaining and educational experience will feature freshly cut herbs, classic ingredients such as bitters and infused liquors to create three unique cocktails paired with appetizers.

Mondays On-Going Song Group

Tahoe Truckee School of Music 10038 Meadow Way, Ste. E Truckee

6:15 pm 7:30 pm

$20.00

Song group for everyone! Any instrument, any experience level, any age.

Led by Ben Martin. Come to learn and share music in a fun creative environment.

For more information contact: http://chamber.truckee.com/events/details/song-group Contact: Ben Martin (530) 587-3274

Tuesdays On-Going Knitting Group

Atelier 10128 Donner Pass Road Truckee

4:00 pm 6:00 pm

Free

Join us for a knitting group. Open to all knitters, crotchetiers, loom artists‌whatever your thread you are welcome.

This is NOT A CLASS; it is a group activity intended for individuals who enjoy the company of other yarn artists. Bring your own project or start a new one; come for a few minutes or the whole 2 hours.

For more information on this and other workshops contact: www.ateliertruckee.com

Wednesday Fridays On-Going Crafting

Tahoe Modern Makers 3668 Lake Tahoe Blvd, Ste. K So. Lake Tahoe

4:00 pm 5:00 pm

Free

FREE! All Craft event every Wednesday and Friday; all ages welcome. No reservations required. Craft changes weekly.

Call for questions: (530) 600-3388 or e-mail: tahoemodernmakers@gmail.com

On-Going Check Schedules on line at Atelier.com

Atelier 10128 Donner Pass Road Truckee

Varies

Prices vary

Take a fun class! All classes are interesting and open to the public. Class offerings are offered throughout the month and offerings change monthly throughout the year.

Check their website at www.ateliertruckee.com for current calendar.

Thursdays and Fridays Hike Shirley Canyon

Resort at Squaw Creek

9:30 am 3:00 pm

(530) 581-6610 Adult $80 Ages 10-14 $50

Hike up the famous Shirley Canyon for amazing vistas of massive Lake Tahoe. Take tram down after this 3.6 mi. moderate hike. Price includes lunch, tram and guide.

The Dickson Truckee Team 11836 Donner Pass Road | Truckee, CA 96161 | 800.541.4440