An easier question to answer would be, why not? With a great community feel, easy town access, championship golf and the most underrated restaurant in town, it is not hard to see why there have been over 20 sales at Gray’s Crossing already in 2014. Gray’s has a variety of communities appropriately named Woods, Meadows, Ridge, Bluffs and Sierra Cove. Weather you are looking for the deep pine woods or the sunny meadows with mountain range views the community variety in Gray’s Crossing can appeal to many Tahoe lifestyles.
There is a general up climb in the market and Gray’s Crossing is no exception. The volatile community has made it through a rough patch and is showing much more stability. The homesite prices are a sure giveaway that the future looks very bright for Gray’s Crossing homeowners. Between the end of 2008 and June of 2013 there were 3 homesite sales exceeding $100K. The highest being $117K. In 2014 there have been 14 Lot sales averaging $119K per sale. The most recent sale just closed yesterday at $245K in the Sierra Cove community.
Although a few homesites are still listed under $100k (Bluffs #5) the more centrally located, golf course lots are stealing the show. Below you will see some highlighted Gray’s Crossing homesite listings to get you excited for Tahoe summer, but act now as prices keep rising and inventory is selling.