Incline Village Real Estate Market December 21

Incline Village Real Estate December 21
We have seen a slight increase in activity for December. With mortgage rates hoovering at 4 year lows around 5% for a 30 year fixed mortgage, buyers who have good credit and can qualify for documented loans are seeing opportunity in the market.

One notable sale that I represented the buyers for at 521 Sugarpine closed last Friday for $530,000, it was listed for $599,000 and was a fantastic buy for a 3 story home, remodeled on 3/4 of an acre in desirable Ponderosa neighborhood. The home 2 doors down at 527 Sugarine is in contract with a list price of $3.495M, so this helps supports the value here.

19 new listings came onto the Incline Village and Crystal Bay market in the past two weeks, including 8 homes, 2 PUD’s, 8 condos and 1 commercial listing. There were 23 price changes, 3 new properties in escrow including 928 Dorcey listed at $595,000, 121 Rubicon listed at $1,495,000- an amazing buy, and 88 Shoreline Circle listed at $2,695,000- a quiet location across from the Lake. There are 17 properties in contract currently and 6 sales have closed in the past two weeks.

Check BuyTahoeHomes.com for weekly Incline Village Real Estate updates for home sales and new listings.

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Incline Village New Listings Nov. 9 2008

Steady activity on the Incline Village market this past week, with 12 new listings including 5 homes, 1 townhome and 6 condos, 18 price changes, 2 sales and 2 homes that fell out of escrow, 4 new properties in escrow with 21 properties in contract currently. For up to date information on new listings and Lake Tahoe Real Estate activity, visit BuyTahoeHomes.com/blog.

Incline Village Real Estate Activity

The pace of activity has picked up slightly on the Incline Village market lately. Two great opportunities for lakefront condos have become available at Stillwater Cover and Crystal Shore West- both front row, panoramic lake view units (2 at CSW but seller will only part with one or the other). Both of these complexes have marina facilities and Stillwater has tennis courts, an outdoor pool and waterfront restaurant for owners.

Some very good buys went into escrow, including 121 Rubicon- a $1.495M 4,779 sq ft home which would be the lowest priced sale in all of Lakeview Subd.  for 2008 (I am reresenting the buyer), and 527 Sugarpine-of the finest quality new construction listings, reduced to nearly half of its original asking price with panoramic lake views, great level lot and low elevation- this was a good buy! View all recent Incline real estate activity on the original Tahoe Homes Blog.

New Listings in Incline Village

August 14-25 New Market Activity
16 new single family homes were listed in Incline Village since August 14, along with 7 condos and 5 townhomes. There are 22 pending sales including 11 homes, 4 town homes and 7 condos. 9 sales closed (1 home, 2 town homes, 4 condos, 1 lot and 1 investment property) and there were 39 price changes!

803 McCourry is one of the lowest priced homes in Incline, and on a .413 acre lot. 929 Dorcey is nicely remodeled with southern exposure and 921 Michael is newer construction on a great cul-de-sac. 864 Ophir Peak is just 2 blocks from Lakeshore, nice location. 678 14th Green was just re-listed, newer construction near the golf course. 568 Putter has great development potential with 6814 sq ft coverage and 300+ ft on the Championship Golf Course! 449 Fairview is a good buy for lake views on the Eastern Slope, in nice condition- similar sales in this price range and location support it.

821 Golfers Pass is newer construction close to the Mtn. Course, while 573 Tyner has lovely lake and mtn views. 585 Ponderosa is new construction, close to the lake and low elevation, while 721 Cristina has a nice yard adjacent to forest service. 460 Tuscarora is a great buy for new construction, panoramic lake views and 6,040 sq ft! Radiant heat, smart home mngt, two lawn terraces on a cul-de-sac. Inquire about getting IVGID privileges by purchasing a non-buildable Incline lot.

For more bargains, view my Incline Village Best Buys.

Incline Village Homes for Sale
803 McCoury $499,000 low price!
929 Dorcey $797,000
433 Winding Way $799,000
327 Winding Way $950,000
921 Michael $998,000
864 Ophir Peak $1,150,000
678 14th Green $1,210,000
568 Putter $1,295,000 golf course building opportunity!
547 Lantern $1,300,000
449 Fairview $1,395,000
821 Golfers Pass $1,395,000
573 Tyner Way $1,795,000
585 Ponderosa $2,350,000
721 Cristina $2,950,000
460 Tuscarora $2,950,000
439 Driver $3,499,000

Incline Village Town Homes for Sale
722 College, Incline Crest #99 $337,000
599 Crest Lane, Incline Crest #19 $419,995

1367 Tirol Dr. $599,000
1401 Tirol Dr. $1,075,000
101 Red Cedar #13 $1,425,000

Incline Village Condos for Sale
872 Tanager, Pinebrook #49 $229,500
807 Alder, All Seasons #5 $319,000
333 Ski Way, Ski Way Ridge #259 $329,000
215 Lark Ct #3 $579,000

120 Juanita Dr, Northshore Estates #3 $849,000
929 Northwood Blvd, Third Creek #118 $1,045,000

400 Fairview, Bitterbrush #69 $1,045,000

Note that none of the listings above are my own, unless specifically stated. I know the market well and represent buyers in property sales. All information is provided by Incline Village MLS, data is deemed reliable but not guaranteed.

New Listings in Incline Village- Deals!

August 2-13 New Market Activity
10 new single family homes were listed in Incline Village since August 2, along with 6 condos. There are 23 pending sales including 9 homes, 5 town homes, 7 condos, 1 lot and 1 investment property. 4 sales closed (2 homes, 1 town home and 1 condo) and there were 32 price changes!

Two fantastic new listings in Lakeview Subdivision, both priced just under $1.5M are new to the market. Both located on Ophir Peak just 2 blocks from Lakeshore Blvd. and walking distance to both beaches, these homes are newer construction both with great features. 842 Ophir Peak is located on a creek with a great layout and 3 car garage. 834 Ophir Peak features 4,331 sq ft on nearly 1/2 acre and an open feel- this would be a great remodel!

Other great buys include a new listing at Third Creek priced way below market at $664,900, and see Bitterbrush #58 for spectacular lake views under $500k! 275 Deer Court is a notable town home with gorgeous landscaped grounds in a desirable association. View all new listings and market activity for Incline Village at, view my Incline Village New Listings.

Incline Village Homes for Sale Aug 1, 2008

Lake Tahoe Beaches
We’ve seen a wide variety in listings this week, and I am intrigued by the pricing along with some hard to find features. Just listed- a newer creekside home in Lakeview Sub., and two golf course area listings with quality newer construction and creekside settings. These are the types of home I get excited about sharing with my buyers!

Overview- 12 new single family homes were listed in Incline Village this past week, along with 3 townhomes, 6 condos, and 1 lot. There were 6 new escrows last week including one Shari Chase lakefront listing on the East Shore, 4 sales closed (3 homes, 1 condo) and there were 34 price changes, lots of price reductions!

View this week’s open house schedule for Incline Village, too!

New Single Family Homes:
Some great buys this week. The 4 bedroom home on Garen is nicely updated for the low price of $479k, and the new listing at 910 Harold is on the Championship Golf Course- a great buy for $599! 842 Ophir Peak really catches my eye- this newer construction home has a great layout and is on a year round creek in Lakeview Subdivision, just off of Lakeshore. I would compare it to Country Club Villas in the $1M-$1.2M range or the townhome listed at 779 Freels at $1.295, except you are getting a single family even closer to the beach!

If you want lake views, 809 Jeffrey has them, and 645 14th Green and 615 Country Club are two large, newer construction homes near the golf course and on creekside settings. 831 Lakeshore is a good buy for lakefront, with just under 4,000 sq ft living area, and 650 Lakeshore is a grand, custom home very close to Burnt Cedar Beach with beautiful custom detail!

(Note- click on a link to a listing, and virtual tour links are shown below the description, where available)
954 Garen $479,000 Wow- Low Price! 4 beds, 2 baths, 1,656 sq ft
910 Harold $599,000 Golf Course, 3 beds, 1.5 baths, 1,576 sq ft
561 North Dyer $849,000 Central Location, 3 beds, 3 baths, 2,916 sq ft
130 Mayhew $975,000 Millcreek, 3 beds, 2 baths, 1,508 sq ft
842 Ophir Peak $1,490,000 Lakeview Sub on Creek, Newer Home! 3 beds, 3.5 baths, 2,606 sq ft
809 Jeffrey $1,795,000 Panoramic Lake Views, 5 beds, 4.5 baths, 4,524 sq ft
615 Country Club $1,799,000 Newer on Golf Course, 5 beds, 3 baths, 2 lavs, 4,056 sq ft
645 14th Green $1,875,000 Gorgeous Setting, 5 beds, 3 baths, 2 lavs, 4,564 sq ft
88 Shoreline Circle $2,695,000 Off of Lakeshore, 4 beds, 3.5 baths, 4,496 sq ft
580 Ponderosa $3,750,000 New Home, 5 beds, 4.5 baths, 4,570 sq ft
831 Lakeshore $4,299,999 Lakefront, 5 beds, 5 baths, 3,951 sq ft
650 Lakeshore $4,850,000 New Custom Home, 4 beds, 3.5 baths, 4,620 sq ft

New Condos, Townhomes, Lots:
6 New Condos-
999 Lakeshore $1,175,000
Village Highlands $1,125,000
Wolden Woods $950,000
Royal Pines $599,000
Coeur du Lac $545,000
Pinebrook $149,500

4 Townhomes-
775 Freels $1,295,000
1084 Lucerne $1,150,000
978 Glenrock $479,000
702 College $339,000

1 New Lake View Lot-
584 Amagosa, Crystal Bay $495,000

Note that all listings posted are couresty of Incline Village MLS, and no listings are my own unless specifically stated.

Incline Village Lakefront Condominium under $1 Million

Incline Village Lakefront Condo
Think of Tahoe in the summer time with family cookouts by the lake, going out to your boat for early morning wakeboarding right in front of your own beach, strolling out to the Hyatt Pier & Bar for a cocktail to watch the yachts come and go. There are two 999 Lakeshore units available- these are adjacent to the Hyatt and have their own beach right next to the Hyatt Pier.

There is one condo being offered for $935,000. Unit #5 has bedrooms with a sleeping loft and 3 bathrooms. The complex shares a private beach with boat buoy’s available! The head of the HOA is a really nice guy- my husband has remodeled some of the units which are redone beautifully with updated kitchens, baths and living areas.

Unit # 31 just sold today, closing at $1,100,000 and #35 sold in April for $1,104,000. The only two sales below $1M in recent years were two sales in 2005- one at $880k and another at $957k.

If you could get into the complex in the upper $800k’s, it would be a great buy, in my opinion, as you usually can’t touch lakefront for less than $1M in Incline Village.

Here is the virtual tour for unit #5 $935K

Here is the virtual tour for unit #33 $1,119,000 also on the market- look at these photos as they show the beach and the exterior of the complex.

Please call me to see these- I would love to show you the amenities and negotiate the terms for your lakefront getaway!

A Busy Friday for New Listings

Incline Village homeThe Incline Real Estate Market saw a wealth of activity this friday. There were nine new listings today ranging in price from $429,000 to $2,050,000, including 4 homes, 4 condos, and 1 lot. Three homes sold today, including yet another Lakeshore Drive sale, for $105,000 over the asking price. It looks like another busy weekend for open houses, too. I look forward to hearing feedback from agents and open house visitors, alike.