The nice weather seems to have brought buyers out, as showings have picked up in the past couple of weeks, and the number of properties in escrow in the Incline Village real estate market has risen to 53, with 433 active listings- 195 single family homes, 171 condos, 43 PUD’s (free standing townhomes), 16 lots, and 8 commercial/investment properties.

Incline Village home sales
This past week, we saw 6 new sales in the Incline Village market, including 2 single family homes, 3 condos, and 1 townhome. Notable sales include 727 Champagne- an 8,600 sq ft home on the Eastern Slope with panoramic lake views reduced to $5,995,000 and sold for $5MM cash. Another notable sale is one of the three foreclosed homes on ”Campbell Court” developed at 857 College listed at $1,525,000 sold for $1,375,000 cash. This is a gorgeous, 4,000 sq ft new home with hydronic heat built with natural stone floors, knotty alder finishwork, custom kitchen and top notch details across from a creek- a great buy! Just across the street, 785 Pinion Pine Way sold in Incline Creek Estates- a lovely 4 bedroom creekside townhome with smarthome features- sound, security, and radiant heat, selling for $1,021,316 which was over the asking price of $995,000.
View all 6 home sales for the past week in Incline Village

Incline Village home contracts
11 properties went into contract this past week, including 5 single family homes, 4 condos and 1 PUD (townhome). Notable new escrows include a 4,600 sq ft home at 650 Lakeshore, just down from Burnt Cedar Beach with lake views, hydronic heat, and beautiful detail- list price is $3,850,000. 377 Second Tee, a remodeled 4 bedroom home on the Eastern Slope, also went into contract as a short sale- list price $750,000. A great buy in Millcreek Subdivision, close to Incline Beach at 269 Tramway, also went into escrow with a list price of $750,000. 520 Pahute Road in Crystal Bay also went into escrow- a 4 bedroom lakeview home with garage listed at $668,000.
View all 11 new homes in contract this past week in Incline Village and Crystal Bay

Incline Village new listings
16 new listings came onto the market this week, including 7 single family homes, 8 condos, and 1 PUD (townhome). Stand-out homes include a Tahoe Lakefront home at 951 Lakeshore Blvd. on .6 acres with 100 ft sandy beach, a pier, a boathouse and lift. Two other lakefronts have sold this spring, both over $11MM, and this is an exceptional lot. Another new 2 bedroom lakefront listing at “Stillwater Cove”, unit #32, is on the market for $1,739,000. Another handsome, remodeled unit at “The Pointe” with lake views was listed at $1,289,000. A gorgeous home at 953 Dorcey will catch your eye with lovely log detail and beautifully remodeled- priced at $975,000.
View 7 homes listed this week in Incline Village
View 8 condos listed this week in Incline Village
View 1 townhome listed this week in Incline Village

Price Reductions
There were 19 price reductions this past week in Incline Village, including 831 Lakeshore from $4,299,000 to $3,495,00- the lowest price lakefront home in Incline Village, as well at a lakefront condo at 501 Lakeshore “Lakeshore Terrace” from $949,000 to $899,000, and one of the lowest priced 2 bedroom McClouds on the market- reduced from $469,000 to $449,000 – just a short walk to the Rec Center and Incline Beach!
View all 19 price reductions this week

Activity is picking up in the Incline Village real estate market. Property showings have jumped, and buyers are picking up some of the best listings at the right prices. In the past week, 6 new listings came onto the market in Incline Village and Crystal Bay. There have been 18 price changes- 16 reductions and 2 price increases, 9 new escrows, and 6 new sales. There are 49 properties currently in escrow ranging in price from $90,000 to $12MM, with 347 active listings.

6 New Listings
931 Incline Way #241 McCloud

321 Ski Way #163 Mountain Shadows

862 Jeffrey St

130 Mayhew Cir

545 Country Club

515 Gonowabie Rd

18 Price Changes

16 Price Reductions and 2 Price Increases

New Incline Village Sales

6 New Sales

915 Incline Way sold sold for $350,000

931 Incline Way- McCloud sold for $350,000

840 Jennifer St sold for $775,000

101 Red Cedar Rd sold for $917,000

898 Lake Country Estates sold for $1,165,000

300 Glen Way #4- The Reserve sold for $1,020,000

New Properties in Escrow

9 new properties under contract

870 Southwood Blvd- Soutwood Court $154,900

699 Hogan Ct- short sale $299,000

788 Geraldine $394,000

144 Village Blvd- McCloud $399,000

820 Oriole Way- Royal Pines short sale $449,000

340 State Rt 28 $595,000

1069 Mill Creek $699,000

101 Red Cedar $985,000

465 Eagle $2,995,000

In the past two weeks, 30 new listings have come onto the market in Incline Village. There have also been 28 price changes (all except 1 were reductions), 11 new escrows, and 3 new sales. There are 50 properties  in escrow, ranging in price from $399K to $12M, and 360 active listings. Activity has picked up with increased showings following our busy President’s Day weekend, and new listings will likely continue increase into spring.

Notable New Listings

971 Fairway- $379K- Wow! 3 bedrooms and 1,584 sq ft living on the Championship Golf Course

1000 Lakeshore- $389K- Location, just across fromt he Hyatt and Incline Beach

562 Antler $499K- Nice 3 bedroom home in Lower Tyner

1064 Mill Creek $675K- Great 3 bedroom opportunity in Mill Creek

999 Lakeshore $1.250M- 3 bedroom Lakefront with buoy near front of complex

933 Northwood, The Pointe $1.325M- Lowest priced unit at The Pointe with lake views, comparable in price to my recent sale for a penthouse unit

1655 Pine Cone Circle | 1665 Pine Cone Circle- 2 lakefronts on a desirable Incline neighborhood with 2 notable sales in 2009

587 Lakeshore | 585 Lakeshore | 573 Lakeshore- The former “Trepp Estate” is offered as individual properties- the caretakers home and vacant lot with shared pier access is now in escrow, while the 6,000 sq ft+ main home and guest home are now listed separately with shared pier access, acres of gorgeous landscaping with ponds, ornamental trees, gorgeous annuals and perennial beds. The main home feaures an outdoor pool and guest quarters over the garage.

Notable New Escrows

807 Alder – $179K- moved from my Best Buy list to contingent, this 2 bedroom condo is located in Woodstock featuring a clubhouse and central location, a great buy.

New Sales
996 Wedge Court- Sold for $1.861M, dramatic Tahoe architecture and high end, custom finishes- a very good buy for this 5,742 sq ft home near the golf course

1084 Lucerne Way- Sold for $657K

997 Dorcey Drive- Sold for $500K

20 new listings

12 price changes- 11 price drops, 1 price increase

8 new sales

4 new escrows

New Sales
Notable sales include 936 Lakeshore, a nicely redone 5,130 sq ft home with 5 bedrooms and 4 car garage listed at $3.1M, sold for $2.75M or $536 per sq. ft. One of the best buys in the past year just closed- a 3,723 sq. ft. home just 10 years old, beautifully landscaped and a stone’s throw from Lakeshore  at 112 Steam Circle just closed at $1.3M, an incredible $349 per sq. ft. for this steal. This home was listed at $1.649M- I have shown several clients this home in the past year and happy to have helped connect these lucky buyers through my website- congratulations on a great purchase!

New Escrows
One hot new escrow includes an Incline Creek Estate short sale at 845 Rosewood listed at only $845,000! This property just went into escrow with one of our Intero agents, a gorgeous 2,700 sq. ft. smart home built in 2006 with all the high end features such as hydronic heat and home management system in a gated community.

New Listings
For anyone shopping in the below $200K category, you need to see the new listing at 807 Alder in Woodstock, a nice complex with clubhouse centrally located, with nearly 1000 sq ft now listed at $179K. A new listing at 1000 Lakeshore at $675K is a great buy- beautifully remodelled across from the Hyatt. A great building opportunity at 1120 Lakeshore was just listed at a bargain $750,000! Contact me for more details- plans available for 4 bedroom home, but livable quaint cottage in the meantime.

Price Changes
Incline’s only former bed and breakfast was just reduced to $899,000- a great buy for this remodeled 6 bedroom, 6 bath home at 593 Dyer Circle.