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Daily Blog Update - July 1, 2009
As we enter a new month and inch closer to the big Fourth of July holiday weekend, the Incline Village real estate market brings us four new listings, three price reductions and two properties going into escrow. It was another gorgeous day here on the North Shore of Lake Tahoe and the town is beginning to fill up with summer visitors. Having properties going into escrow on a regular basis the past couple of weeks tells me that serious buyers are snapping up the best values to get ahead of the holiday crowds.

The only new listing that grabs my attention today is #133 Third Creek priced at only $733,000. This is an end unit, three-bedroom, three bath condo that backs up to the creek and it's on the gated side of the community making it one of the most desirable locations in the complex. I'll have to take a look at this one pronto since the asking price tells me it shouldn't be around too long.

Getting accepted offers today are the livable fixer-upper at 420 - 1st Green and the Stack Estate at 61 Somers Loop. Priced at just under $25 million, this lakefront property in Crystal Bay consists of over 12 acres of land, a couple of structures, and the potential for numerous parcels or a wonderful family compound.

A few months ago I sent out letters to some of the biggest hedge fund managers in the world pleading with them to purchase this land with a tiny fraction of their 2008 earnings. I was hoping that some philanthropic benefactor would step up to the plate and preserve this land against development, but to no avail. I have no idea who the buyer of the property is, I can only hope that they will keep the land as pristine as possible and not try to get it rezoned for commercial purposes.

Shoppers in the low to moderate price ranges for Incline Village real estate will wish to take a look at two of the price reductions today.  #15 The Cedars took a $23,000 hit and is now down to $375,000. Inside the spacious 1620 ft.² condo you'll find three bedrooms, and 2.5 baths, outside the measurable square footage you get a nice big two-car attached garage. Just a stone's throw from the post office and Village Shopping Center, you can walk down the street and in less than 10 minutes be at Burnt Cedar Beach.

If your preference is to be closer to the ski area and have a little bit of a view, then the remodeled freestanding condo located at 1367 Tirol Dr. could be just the ticket. With $60,000 trimmed from the former asking price, the new number of $499,000 makes this one worth a look. You'll find three bedrooms, two baths, 1420 ft.² and a view of the Diamond Peak Ski Area and surrounding mountains.

Daily Blog Update - June 30, 2009
On paper it looked like a big day on the Incline Village real estate market with 10 new listings, six price reductions, one property going into escrow and three properties closing escrow. But we can discount virtually all of the new listings on the Incline Village MLS which are repeats that were expiring at the end of June.  And there were a couple of properties that just changed hands and got new agents.

So let's buzz over to the price reduction section where we have three eye-catching alterations in the over $1 million price range. Starting things off is the lovely three bedroom, 3.5 bath, Zahler designed home at 859 Golfers Pass Rd  This was slashed $100,000 down to $1,070,000 and it competes pretty much head-to-head with the property in Sierra Bouquet.

My favorite price change today is the beautiful home at 543 Knotty Pine. Dropping a little over $200,000 the new asking price of just under $2.2 million makes this arguably the best value in Incline Village real estate in this price range. And getting a $125,000 adjustment down to $1,150,000 is the spacious five bedroom, Lakeview home at 564 Matchless Ct.  Those of you seeking privacy and quick access to the wilderness will want to check out this property as long as you don't mind the upslope driveway.

Getting an accepted offer today is the property located at 977 Dorcey. This single family residence in the upper Tyner subdivision is a short sale, so who knows what price the lenders will accept.  Closing escrow today are the little 3BR condo at 14 Southwood Pines at the bargain price of $150,000.  Also changing hands today are the home at the end of Valerie Ct. which fetched $917,500 and the condo at 694 Golfer's Pass Rd at just over 546K.  The house on Valerie is an interesting comp since it sits on a cul-de-sac on a lot just over 1/2 acre, but the house is only 1800+ sq. ft. and close to 2 other homes.  A little bit of lakeview, nice woodsy setting, but you can't apply the $510 per sq. ft. to every home in the neighborhood with a peek of the lake.

Daily Blog Update - June 29, 2009
It was a long and busy day for this Incline Village real estate agent. I drove down to the Bay Area on Sunday. Then after a good night's rest and a full day of errands and visiting friends, I went to the Eric Clapton / Steve Winwood concert at the Oakland Arena. I've seen both artists many times in the past, but never together on stage. Great show of 2 1/4 hours non-stop music, tight band, excellent sound and these guys look fantastic! It was like a greatest hits festival, opening with After Midnight, finishing with a 15 minute jam of Hendrix' "Voodoo Child" and then coming back to play Cocaine and Mr. Fantasy for the encore. Quite a show!

Now it's back to the action on the Incline Village real estate scene as we've got 3 new listings, 4 price changes and 1 property going into escrow today. Getting an accepted offer is the house in my neighborhood at 644 Tyner. Cute little 3BR, 3BA, 1200+ sq. ft. cabin style home priced at 600K, we'll see where it settles and then I can get an appraisal on my place.

Big price change of the day on the Incline Village MLS is my listing at #6 Incline Villas. Located next to the Champ Golf Course, this 3BR, 3BA condo is over 1500 sq. ft. and now priced at only $472,500. Sellers would love to see an offer, so bring me something reasonable and let's see if we can get this property into escrow.

The only new listing that excites me is the property at 109 Slott Peak. This little cul-de-sac off Lakeshore is a great location for this remodeled home priced at $2,150,000. 4BRs, 3.5 baths, 3 car attached garage, 3,060 sq. ft., filtered lake views, this is on my list to preview after I return to Incline Village and catch up on the real estate matters that await my attention.

Keep your eyes peeled for my new listing in McCloud that will hit the MLS later this week. Great location, desirable floor plan, nice upgrades, and it will be very fairly priced.

Daily Blog Update - June 28, 2009
It was a rather unusual day on the Incline Village real estate market as all of the activity was handled by one agent in my office. Way to go Peg!

The new listing on the MLS today at 555 McDonald looks very intriguing. Priced at only $839,000, this three bedroom, two bath home on a large .419 acre lot is next to a year-round creek. There is also a little cabin on the property that would make great guest quarters or a play room for kids. A private, woodsy setting and the moderately low elevation location make this Incline Village property high on my list to preview.

Our only price reduction today is a $15,000 shaving at #4 Mountain Shadows. Now priced at $424,000 this is a very nicely remodeled three-bedroom, 2.5 bath two-story condo.

Daily Blog Update - June 27, 2009
It was a blazingly hot day across Northern California and Nevada with temperatures soaring into the triple digits. Being able to escape up to Incline Village and enjoy your own little slice of real estate is heaven on earth when it's scorching down in the Valley. The Incline Village MLS brings us one new listing, three price alterations and one property going into escrow today.

Congratulations to the listing agent of 973 Fairway for getting an accepted offer on this beautifully remodeled property. This home features a nice interior, great location and was very reasonably priced. That's the combination that buyers are seeking when looking at the Incline Village and Crystal Bay real estate situation during the summer of 2009.

Coming back on the market today at a new lower price of $1,550,000 is the spacious Lakeview home at 595 Knotty Pine. With six bedrooms, 4.5 baths, over 4000 ft.² of living space, a gigantic lot of nearly 3/4 of an acre, three car garage, huge parking pad and a wonderful location on one of the nicest streets in the village, the new asking price makes this property pretty attractive.

Taking a quick look at the price reductions on the Incline Village real estate scene today the freestanding condo at 972 Fairway View Court got a $60,000 slashing and is now down to $899,000. This competes directly with #17 Country Club Villas. So you kind of have an interesting choice as to whether you would rather be closer to the golf course were closer to the beach.

Daily Blog Update - June 26, 2009
Once again the summer like weather on the North Shore Lake Tahoe brings us a solid bit of action on the Incline Village real estate market. We've got three new listings, two price alterations and three properties closing escrow as the summertime visitors start to flow into the community.  It looks like picture-perfect weather for the week ahead and I'm sure the local merchants will appreciate the increase in sales after the relatively slow off-season.

All three properties that closed escrow today are good values by anyone's standards. The freestanding condo at #4 Tahoe Palisades which could use some cosmetic attention closed at the bargain basement price of $350,000. A little higher up the food chain, the Super Deal Alert that I touted at 605 Village Blvd. sold for only $550,000. And the very nice home at 826 Ellen Ct. commanded a final sale price of $700,000 even, which is a little more than $35,000 above the asking price on the Incline Village MLS.

Since the big news of the day is the Super Deal Alert for #17 Country Club Villas, we can skip the other minor price reduction and take a quick look at the new listings. Those of you who have been holding out for a great value in a freestanding condo have something to compare with #17 above. A very rare unit in Sierra Bouquet came on the market today at only $1.1 million.

This tiny gated community on Southwood Boulevard between Incline Way and Village Blvd. features a handful of high quality three bedroom, 2.5 bath, 2600+ Sq. foot properties. Since I expect the place in Country Club Villas to sell pretty quickly, this will be your next best choice for a freestanding condo within walking distance of the beach.  And if you want to be right by the beach, for just $50,000 more you can get a three bedroom, two bath, nearly 1200 ft.² Lakeview condo in the lakefront community at #28 Crystal Shores East. This condo is not on the water, but it's darn close!

Daily Blog Update - June 25, 2009
We only have a little bit of drama to report on the Incline Village real estate market today. Three new listings and five price reductions graced theMLS headlines on another gorgeous summer-like day.

Getting a $49,000 price redeployment and now being offered at only $750,000 is the very comfortable home at 657 Tyner Way.  This three bedroom, three bath, 2000 ft.² property has a nice workshop, big storage area under the house, natural landscape and a few peeks of the lake for your viewing enjoyment. A remodeled kitchen, South facing sun room and cozy wood stove in the great room are some of the amenities.

Receiving a nearly $300,000 slashing is the Lakeview home at 794 Tyner.  With five bedrooms, 5 full baths, two half baths, and over 5500 ft.² of living space there is plenty of room for the whole family.  Elegant kitchen, nice interior finishes and spacious living areas are what you'll find to go along with the new asking price of $2,999,000.

Doing a quick scan of the new listings on Incline Village real estate scene we find a two-bedroom in Woodstock priced at $239,900, a fixer upper REO on the east slope at $475,000 and a dome style house at 951 Tyner for $559K.  I'd offer you some more words of wisdom on these properties but I have a very busy day ahead tomorrow showing property, working on a new listing and getting ready for the first big weekend of summer.  Looks like I better call it a night and get some shuteye.

Daily Blog Update - June 24, 2009
Just a smattering of activity to report on the Incline Village real estate scene today. We have three new listings, three price reductions and one property going into escrow on the second consecutive summer like day on the north shore of Lake Tahoe.

I had a chance to go for a short hike up to the top of Tamarack Peak which is not too far from Mount Rose as the crow flies. The wildflowers are starting to pop on the south facing slopes around 9000 feet. Anyone who enjoys the spectacular colors and the fragrant scents may wish to start hiking these trails during the next few weeks.

I didn't find any of the new listings that exciting today, although bargain hunters may wish to check out #87 Royal Pines. Priced aggressively at only $375,000, this fixer-upper condo is one of the least expensive properties in town with a two-car attached garage.

The big price reduction on the Incline Village real estate market today is for my listing at #31 Third Creek. The seller reduced the asking price by $101,000 and we are now at 999K.    Click Here to See the Virtual Tour

This is arguably one of the most beautifully remodeled condos in all of Third Creek. Slab granite as far as the eye can see in the kitchen, hardwood floors, imported Italian slate around both fireplaces, two decks overlooking the creek, 2 person jetted tub, steam shower, custom closet and cabinets, you really cannot ask for much more. Just a stone's throw from the pool, spa and clubhouse yet buffered from the rest of the complex by trees and lots of open space. I even had conceptual drawings made for the addition of a third bedroom and got them approved by the homeowners association. At 2238 ft.² and filled with high-end finishes throughout, this property is worth a look for anyone shopping for a luxury condo.

Getting an accepted offer today is the tastefully remodeled home with a peek of the lake at 567 Valley. Priced at $1,149,000, this four bedroom, 3.5 bath, 2600+ sq. ft home on a lot just over 1/5 of an acre was on the market only a few weeks.

Daily Blog Update - June 23, 2009
It looks like the summertime weather has finally arrived on the north shore of Lake Tahoe. It was an absolutely gorgeous day for the weekly MLS tour and this Incline Village real estate agent made the rounds checking out a number of properties. I also had time to squeeze in nine holes of golf on the Champ Course in the early evening. The course is in great shape and the greens are very fast and true.  Come out and play before the summer crowds arrive, just make sure you replace your divots and fix your ball marks (I can't believe how many ball marks I fixed that were left by people playing ahead of me).

Scanning the action on the Incline Village real estate market today we had a total of three new listings and three price adjustments. Making its appearance on the MLS today is my listing at #48 McCloud. The current owners did a nice job remodeling the property opening up a wall between the kitchen and dining room that gives this unique two-story floor plan a nice flavor.    Click Here to See the Virtual Tour

You'll find new granite tile counters in the kitchen, new appliances, new ceramic tile flooring, new insulation and weatherstripping throughout that keeps this place toasty warm in the wintertime. There is even a pellet stove to complement the hydronic heat. Wonderful location on the Village Boulevard side of the complex just a short walk from the beach. This condo has a woodsy setting when you throw open the French doors and walk out on the deck. With two master suites, one on each floor, you get a much more spacious and private feeling than in a normal two-bedroom McCloud condo. At 1328 ft.² this is much larger than the usual 1100 or so sq. ft. floorplan for the standard two-bedroom units.  And you also get a good-sized mudroom in which to store your skis, boots and other winter gear.  The asking price is $649,000

At a little more than double the price but with more square footage and a panoramic Lakeview is the freestanding condo at 1168 Altdorf Terrace. Located in lower Tyrolean Village, this is a four bedroom, three bath, 3173 ft.² property. What the place lacks in a garage it more than makes up for with a gorgeous view of Lake Tahoe. The interior pictures make this remodeled freestanding condo look very nice and reasonably priced at the asking number of $1.4 million.

Checking out the price adjustments on today's Incline Village real estate update, we find two Lakeview condos making significant price moves. If you want to be right down near the water I cannot show you a better value than the remodeled two bedroom, two bath condo in the lakefront community at #116 Crystal Shores Villas. Reduced $76,000 down to $1,099,000, this place is worth every penny. You'll find Panoramic lake views, artistic high end finishes throughout and a wonderful small complex that is impeccably maintained. If you've been holding out for a good deal on a lakefront condo, look no further.

Maybe your budget doesn't quite support that million+ number.  At less than half the price, only $500,000 after today's $50,000 slashing, #10 Bitterbrush is very thought-provoking. The 1270 ft.² property is chopped up into three bedrooms and two baths and outside the front door you'll find a carport. This condo is located near the entrance to the complex making wintertime access easy.

Daily Blog Update - June 22, 2009
As we enter the final stretch of the month of June, the Incline Village real estate market brings us 8 new listings, 4 price changes and one property going into escrow today.  Tossing out the repeats and the uninteresting events, we can narrow down the field a little bit.

Getting an accepted offer today is #182 Third Creek. This is the three-bedroom, 2.5 bath inside unit that was dramatically reduced down to $600,000 just a few days ago, and it looks like they got the quick sale they were seeking.

Dropping $155,000 today is the beautiful new construction at 1087 Oxen Rd.  This gorgeous home in the Mill Creek Subdivision comes with five bedrooms, 5.5 baths, over 6000 ft.² of living space and a large level lot. The new asking price of $2,695,000 could be at or below replacement cost when you factor in all of the numbers. Anyone shopping at low elevation for a high quality home under $3 million will want to take a look at this property before making their final decision.

Just a couple of interesting new listings on the Incline Village real estate update today. My seller has put #288 Ski Way Ridge back on the market at a new low price of $449,000. This is the least expensive penthouse unit in either this complex or Burgundy Hill.  Excellent rental history, very well maintained and a motivated seller combine to make this property worth a look for anyone who is shopping for condos in this price range.

I normally don't get too excited about a new listing in the Racquet Club, but tonight I'm going to make an exception. #89 is in that one row that faces the creek and this particular condo has been beautifully remodeled. The short sale asking price is $299,000, making this an excellent value if you can actually acquire it close to that price. One of the better locations in the complex and the split floor plan which provides a nice income opportunity should put this on the radar screen for anyone looking in the under $300,000 range.

If you are searching for a little more square footage and your own four walls, then maybe 1052 Lucerne will make your list. This freestanding condo in lower Tyrolean village has been nicely remodeled. Featuring three bedrooms, 2.5 baths, 1920 ft.² of living space and that warm Mountain feel, the asking price of $695,000 looks pretty realistic in our current market.

Daily Blog Update - June 21, 2009
Zipping thru today's Incline Village real estate update, we've got 1 new listing and 1 property going into escrow. Congrats to the listing agent of 47 Coeur du Lac, this is a 1BR, 1BA condo in a good location just a block from the beach.

Coming on the Incline Village MLS today is 950 Apollo. This 4BR, 4.5BA, 3700+ sq. ft. lakeview home has been nicely remodeled. Offered for $1,875,000.

Daily Blog Update - June 19 - 20, 2009
We had some interesting activity on the Incline Village real estate market the past two days. A total of five new listings, two price reductions, two properties going into escrow and one property closing escrow compete for your attention on this U.S. Open weekend.  I'm a little behind on my commentary since I went out and played golf on Friday night for the first time in 2 years.  Anyone who needs a fourth when you're up this summer, give me a shout and if I can squeeze in a round I'll be happy to join you.

Lakeview shoppers will appreciate the two new listings that are at opposite ends of the spectrum. For you high rollers in the crowd, we've got a luxurious 8300+ Sq. foot Panoramic Lakeview home at 547 Sugarpine. Priced at $6.5 million and featuring stunning high end finishes throughout, this seven bedroom, 5.5 bath home on a street to street lot has a lot of what I call the 'WOW Factor".

If your budget is under $1 million but you'd still like to have a nice view of Lake Tahoe, then you may wish to scoot over to Crystal Bay. Above Highway 28 located at 520 Pahute you'll find a remodeled four bedroom, three bath, 2080 ft.² home that is next to Forest Service land.  The asking price of $875,000 looks pretty good on paper.  Now if I could just figure out the proper way to pronounce the name of the street...

The most notable price reduction in the past few days is the one that I mentioned in my column on June 18 for the house at 541 Silvertip.  So, without further delay let's check out the properties in Incline Village that got accepted offers.  The two properties that went into escrow were both given favorable writeups in this blog when they came on the market recently.

The lovely Lakeview home at 565 Alden Lane was snapped up by a savvy buyer who realized it's probably the best quality Lakeview property in the $1.5 million price range.  947 Dorcey also went under contract and I will be very interested to see where this property closes escrow since I did show it a couple of times.  Both of these properties were priced very fairly and had the kind of high quality interiors that buyers in our market are seeking. They also had that special characteristic of either a Lakeview or in the case of the house on Dorcey, a private setting at high elevation with un-buildable land across the street. It's nice to walk out the front door and see that big chunk of open space (not some McMansion) while you gaze at the mountains.

The properties closing escrow include the Lakeview Penthouse condo at #347 Burgundy Hill which sold for the extremely reasonable price of $525,000 and the little cabin in the nose bleed section of upper Tyner at 954 Garen which sold for $370,000.

Daily Blog Update - June 18, 2009
Since the summer season is ramping up rather quickly for this Incline Village real estate agent, I'm going to have to take a quick run through the MLS update for Thursday. We've got a total of three new listings, six price adjustments and two properties closing escrow on this beautiful day at Lake Tahoe.

If you have been waiting for a price break on a quality freestanding condo at low elevation then wait no longer. 783 Freels Peak is a very nice three bedroom, 2.5 bath, 2786 ft.² property located just a stone's throw from the Village Shopping Center. Priced at only $860,000, this property is in a small association of only nine units. You'll find a rather large backyard that is shared by all the properties in which to toss the football or throw the frisbee.

High elevation shoppers seeking a lake view and a bit of privacy may wish to take a look at 997 Wander Way. This is a five bedroom, 3.5 bath, 4300+ Sq. foot home that appears to have been nicely updated in places. The asking price of just under $1,950,000 makes me curious enough to want to take a closer look at this place for my Lakeview buyers.

Taking a quick scan of the price reductions on the Incline Village MLS today, the two that really grabbed my attention are #182 Third Creek and the Lakeview home at 541 Silvertip.  I was stunned to see the price of the three bedroom condo in Third Creek drop all the way down to $600,000 and this is not a short sale according to the listing agent. So, you'll have to be the judge as to whether or not you like this particular location in the complex, but you can't argue that this price makes it a tremendous value.

The spacious, panoramic Lakeview home at 541 Silvertip got a dramatic $600,000 price reduction and is now $1,995,000. With five bedrooms, 3.5 baths, 3750 ft.² of living space and a knock your socks off of view of Lake Tahoe and the mountains, this property is now much more palatable than at any time in the past. Lakeview shoppers who've been waiting for a good value in the $2 million price range will want to take a look at this piece of Incline Village real estate.

Closing escrow today are #40 Woodstock at $250,000 and #32 Incline Crest at $305,000. Congrats to the listing agent on these properties for hitting the daily double. It's nice to see the properties in both of these complexes back at more realistic numbers than the stratospheric prices we saw being dabbled in during the feeding frenzy of 2005.

Daily Blog Update - June 17, 2009
We've got a little something in all categories on the Incline Village real estate market today. The MLS brings us four new listings, five price alterations, one property going into escrow and one place closing escrow.

Our new listings run the gamut from a relatively inexpensive two-bedroom freestanding condo up to a remodeled Lakeview home.  Those of you with a budget of around $400,000 would do well to check out 645 Country Club Dr.  This is a very cutely remodeled two bedroom, two bath, 1000+ Sq. foot freestanding condo that is next to a year-round creek. The asking price which is dead on 400K makes this place worth a look for anyone seeking their own four walls.

Jumping up to the $1.4 million price range is my broker's new listing at 641 Martis Peak.  This property is on the side of the street away from Highway 28, so you won't pick up the road noise. The large lot of .44 acres contains a 2804 ft.² home that's divided into four bedrooms and 3.5 baths. The place was originally built in 1964, but there must've been some significant remodeling done along the way based on the pictures.  Looks like a nice place for family gatherings and would probably make a great year-round home.

Lakeview shoppers will take an interest in 593 Alpine View. Priced at $2,950,000, this five bedroom, 5.5 bath, 5300 ft.² home on the east slope looks to have been nicely remodeled. Whether the view and the interior quality rival my listing at 905 Tyner is something that will require a close personal inspection. However, at this price point anyone shopping in the $3 million sector will want to investigate this property further.

Looking at the price reductions today on the Incline Village real estate scene, we've got three big percentage movers. Getting slashed over 10% is the remodeled condo at #19 Incline Manor.  This two bedroom, one bath, 960 ft.² two-story condo is now down to $245,000. You even get a carport so you don't have to wrestle for a parking space when things fill up in the summertime.

Losing $150,000 of excess weight is the spacious contemporary/mountain style home at 236 Allen Way. The new asking price of $1,100,000 is pushing this place down close to lot value.  If you have been waiting around for a spacious golf course property then the hundred thousand dollar price adjustment at 966 Caddie Ct. may be to your liking. This 4042 ft.² home comes with a four car attached garage to go along with four bedrooms, 3.5 bathrooms and great spaces for entertaining. Wonderful setting on the Champ Golf Course at the end of a tiny cul-de-sac.

Wrapping things up on the festivities today for the Incline Village real estate update are two big status changes on the MLS. Closing escrow is the partially remodeled Lakeview home at 449 Fairview. The final sale price of $1,190,000 reflects the fact that the new buyer will be putting some dollars into this place to make it their dream home. I'd  love to see what their plans are for finishing out the property, since it's in a great location with a nice Lakeview.

Getting an accepted offer today is #4 Incline Manor.  This is a two bedroom condo on a short sale priced at $175,000. 

Now, back to work. It's time for me to write another offer on a property that is not yet on the market. One way that I help my buyers is to scout around for properties that are not for sale but might suit their needs. It takes a lot of effort to find properties this way, but the results can be beneficial for all parties to the transaction.

Daily Blog Update - June 16, 2009
It looks like the Incline Village real estate market is in full summer mode. We've got three new listings, five price changes, one property going into escrow and one property closing escrow on the MLS today.

Leading the charge with a price reduction of 24K is my listing at #12 Tahoe Palisades. Now priced at only $675,000, this three bedroom, two bath, 1718 ft.² freestanding condo features cathedral ceilings, a gigantic master suite and even a peek of the lake.

The remodeled Lakeview home at 701 Tyner Way dropped over $100,000 and is now much more thought-provoking at $869,000. High elevation shoppers may wish to take a look at the remodeled three-bedroom, 2.5 bath, 1832 ft.² home at 932 Dorcey.  The new asking price of $650,000 is $109,000 below the old offering number, making this a very attractive property in the upper Tyner subdivision.

Opening escrow today is #195 McCloud. One of the lowest priced two bedroom, two bath units in the complex at $500,000, it will be interesting to see where this one closes. 

Anyone shopping for Incline Village real estate who is on a budget may wish to check out #5 Incline Manor.  This centrally located two bedroom, 1.5 bath, 960 ft.² condo is extremely well priced at only $179,000.

At the opposite end of the spectrum, the beautiful home at 1127 Lakeshore came on the market at just under $3.2 million today.   You'll find 4210 ft.² of living space divided up into four bedrooms, 3.5 baths along with a family room, mud room and breakfast room.  This property comes with rights to the semiprivate beach and pier at Pinecone Circle, so it's sort of like owning a lakefront home but without the lakefront taxes or the lakefront price.

Daily Blog Update - June 15, 2009
We are off to a rollicking start this Monday on the Incline Village real estate scene. With the occasional clap of thunder overhead and showers causing me to cancel hitting golf balls this evening all I can do is focus on the two new listings, five price decreases, one price increase and one property going into escrow on the Incline Village MLS today.

Catching my eye on the new listing front is the bank owned property at #8 Southwood Pines. At just under $180,000, this three bedroom, two bath, 1136 ft.² condo is slightly bigger than your average two-bedroom McCloud at a fraction of the price. Okay so you're not getting a garage, hot tub, spa, great landscaping or quite as good of a location, but at this price the numbers actually work as an investment rental property.

Maybe you'd like something a bit more luxurious and spacious. Then take a gander at #1 Diamond Ridge. We have not seen one of these three bedroom, 3.5 bath, 3000+ Sq. foot three-story condos on the market in quite some time. The asking price of $1,095,000 for this end unit with an attached two-car garage makes it worth a look for anyone shopping for a single-family home or freestanding condo in Incline Village in this price range.

Scanning the price reductions on the Incline Village real estate market today, #132 Mountain Shadows is breaking the $300,000 price barrier with the new asking price of $299,000. This is quite likely the best value we have seen in this complex in recent memory. The usual three bedroom, 2.5 bath, 1360 ft.² floor plan but the unusual and rare peek of the lake from this unit, along with a well-maintained interior make it worth a closer look.  If I were shopping for a condo in Mountain Shadows, I would put this one on my shortlist.

Maybe you are thinking of building your own home in Incline Village on the east slope. The big $50,000 price adjustment at 776 Eagle makes this nearly 1 acre lot bordering a creek very enticing. Now priced at only $400,000 and not a short sale or bank owned nightmare, it's worth strolling around this chunk of land and envisioning what kind of a place you would build here.

It fell out of escrow, now it's back in escrow, the gorgeous property at 275 Deer Ct is back in the news. Let's hope it closes and the buyer gets to enjoy this great free standing condo before we get too deep into summertime. Good floor plan, walk to everything location.

Daily Blog Update - June 13 - 14, 2009
It was another busy weekend for this Incline Village real estate agent as I was putting another property on the MLS and writing up an offer for one of my buyers. Since the other two listings on Saturday were repeats we can skip past them and check out the only new listing on Sunday and the one price reduction for the weekend.

Anyone seeking a good value at low elevation will want to take a look at my new listing at 986 Hook Court. Situated in the corner of a quiet cul-du-sac on a large lot of .455 acres you will find a remodeled five bedroom, three bath, approximately 3000 ft.² home. Natural landscape for easy maintenance, a semi-circular driveway with room to park lots of cars and your boat plus an oversized two car garage make the $1,199,000 price tag seem very reasonable. Click Here to See the Virtual Tour

Our other new listing on the Incline Village MLS is #36 Racquet Club, priced at $329,000. I think this property has a pretty good rental history although the information on the MLS data sheet is a little bit spotty in regards to details.

Lakeview shoppers that have been waiting for a price break under $400,000 will want to take a look at #345 Burgundy Hill. Losing $45,000 of excess weight, the new asking price of only $380,000 makes this one bedroom, two bath, Lakeview condo in building three, one of the better values out there, especially when you factor in the underground parking garage.

I don't think that I am going to be able to get away this week on a backpacking trip, so if you are thinking of coming up to look at Incline Village real estate we should have nice weather and a relatively empty town. There are a lot of good values in all price ranges and many sellers are becoming much more malleable once you throw a written offer in front of them, especially if you can close escrow in 30 days or less.

Daily Blog Update - June 12, 2009
We had another little flurry of activity today on the Incline Village real estate scene with 3 price changes, 1 condo going into escrow and 2 properties closing escrow.

The big mover among the price reductions on the Incline Village MLS today is 896 Donna Drive, dropping 101K down to $849,000. Boasting 4BRs, 2.5 baths, 2600+ sq. ft., a 3 car garage and a large lot over .4 acres, this property on a gentle upslope has a nice central location. Sunny, south facing exposure and a woodsy setting make this worth a look for you low to moderate elevation shoppers.

Opening escrow today is the condo at 680 Titleist Drive. Priced at $499K, this 3BR, 2BA, 1524 sq. ft. property fronts both a seasonal creek and the Mountain Golf Course.

Two savvy buyers closed escrow today on low elevation properties in Incline Village. #15 Creekside finally went at the bargain price of $205K as an REO. This came on originally at 565K and although it was nicely updated, that was a fantasy price if there ever was one. A classic example of over improving a property in relation to the neighbors, the new buyer has themselves a little gem.

The deal of the year so far in Millcreek is the sale at 119 Pine Cone Rd. Whether the buyer does a remod or scrapes and rebuilds is up to them. But the final sale price of $565,927 as a short sale is likely the lowest price we'll see in the Millcreek subdivision in 2009. Normally one would attribute a lot value of around 800K to this size and type of level, low elevation property, but it's not your typical year in real estate sales for Incline Village and Crystal Bay.

I just hope there aren't more buyers waiting in the wings for a property under $600K in this part of town, 'cause other than the little cabin on Wheel Rd. it's not likely to happen.

Daily Blog Update - June 11, 2009
Just a quick recap for today's Incline Village real estate update as I'm busy writing an offer for one of my buyers. The MLS brings us 2 new listings, 2 price changes and 2 properties closing escrow today.

After coming on the Incline Village MLS in Oct. 2006 at 399K, the fixer upper end unit at 21 Creekside West finally sold for the bargain basement price of 160K. This was an estate sale and I guess the executor decided it was time to throw in the towel and take the best offer. The 2BR, 2BA, end unit at 262 Ski Way Ridge closed at 290K, a great deal for the new owner.

The 3BR home tucked in the cul-du-sac at 682 Ralston got a $23,000 shaving and is now an even better value at 649K. Good floor plan, woodsy setting, big garage, this would make a nice family home.

The 2 new listings on the Incline Village real estate market today include a 2BR, 2BA condo at #84 Woodstock priced at only 288K and a very nicely remodeled lakeview home at 701 Tyner. My compliments to Rem for doing such a great job on the remodel, the quality shows throughout and at 975K this will give some of the other homes for sale in "middle Tyner" (as I affectionately call that part of town) a run for the money.

Daily Blog Update - June 10, 2009
The summertime action is heating up on the Incline Village real estate scene and also for this agent. While I was showing property today with two different buyers, the Incline Village MLS was attacking us with four new listings, seven price reductions and one property going into escrow.

I can't be totally modest about my new listing at 696 Bidwell Ct. This 4BR, 2BA, 1584 sq. ft. home off Jennifer St. hit the MLS today at $569,000. Next to US Forest Service land and set back near the corner of a quiet cul-du-sac, this is a great place if you're seeking privacy and that mountain feel. Peeks of the lake, remodeled kitchen, big 2 car garage, this one is worth a look for anyone who's been waiting to find a decent single family home in Incline Village under 600K. Click Here to See the Virtual Tour

Kicking things off in the escrow department by getting an accepted offer today is the beautiful freestanding condo at 275 Deer Ct.  This property is now a short sale so it will be interesting to see where it finally settles.

The price alterations run the gamut today from a fixer-upper in Southwood Pines which is now only a smidgen over $175,000 although way up to the $100,000 price slashing for the 3624 ft.² three-bedroom, 4.5 bath, panoramic Lakeview condo at #47 Stillwater Cove now listed at $3,850,000.

High-end shoppers who would prefer a single-family residence instead of a condo will be pleasantly surprised by the $500,000+ price adjustment at 691 David Way. Now just a little bit under $3 million, this 6800+ Sq. foot home was extensively remodeled in 2001 and offers you a Lakeview from the not always aptly named Lakeview subdivision. All of the other price reductions were nice to see but none of them excite me enough to continue typing this late into the night.

I'm contemplating taking a backpacking trip next week, leaving on Tuesday, June 16 and returning on Friday, June 19. So, if you are interested in looking at property in the next week, I do have some time available Friday through Monday to assist you with Incline Village and Crystal Bay real estate.

Daily Blog Update - June 8 - 9, 2009
We have a lot of activity to report on the Incline Village real estate update for the blog entry of the past two days. With a total of three new listings, nine price alterations, two properties closing escrow and one property going into escrow, there's little bit of something for everyone across all price ranges.

Closing escrow at $3.2 million is the Lakeview home at 505 Alpine View. It's a nice property that it really helps to validate just how reasonable the asking price of $3,995,000 is for my listing up at 905 Tyner Way.

Also changing hands to a new buyer is the very nice condo at #141 McCloud. The final sale price of $535,000 is a new benchmark for this desirable community just a block or so from Incline Beach. It will be hard for other sellers in the complex to get a higher price for a standard two bedroom, two bath McCloud floorplan, unless they've done something really special with the interior and also have a great location.

Getting an accepted offer is the nice home at the end of the cul-du-sac at 433 Valerie Ct.  I really could not understand the original asking price of $1,175,000, but after a good marketing job by the listing agent and a couple of significant price reductions the final asking price of $949,000 must have caught someone's attention. Nice floor plan, featuring three bedrooms, two baths, 1812 ft.² of living space and a large lot of just over 1/2 acre, the new buyer has found a fine property.

Checking out the new listings on the Incline Village MLS you will find #23 Third Creek priced at just under $1.2 million. This three-bedroom, three bath, over 2500 ft.², three-story condo which backs up to the Creek, offers a wonderful setting to go along with a one car attached garage. This is the largest three-story floorplan in the complex and if it sells anywhere near the asking price it will set a new record for the highest price ever for a three-bedroom condo in this development.

Lakeview lovers may wish to take a look at #155 Bitterbrush. Priced at $1.4 million this four bedroom, 3.5 bath, 2882 ft.² multistory unit is rather nice throughout and has a knock your socks off view of Lake Tahoe.

Out of the nine price adjustments on the Incline Village real estate market the past two days only a couple are worthy of electrons as I try to wrap things up on this busy Tuesday. Losing $46,000 of excess weight is the two-bedroom condo at #92 Mountain Shadows.  The new asking price of $299,000 should draw the attention of some buyers in the crowd for this popular complex with 2 swimming pools.

Dropping $156,000 is the beautiful freestanding condo in Red Cedar.  Now priced at $1,295,000 this is a luxurious property with a pretty good view of the lake.

I'm not sure why the seller of #20 The Pointe whacked $100,000 off the asking price when this property has been on the MLS for only a week or so. But, I guess everyone has their reasons and the new offering number of $1,550,000 makes this worth a look for anyone seeking a panoramic Lakeview condo near the center of town.

Daily Blog Update - June 6 - 7, 2009
Just a smattering of activity to report on this weekend's Incline Village real estate update. We had a total of 4 new listings, 2 price changes and 1 property going into escrow on this stormy weekend at Lake Tahoe (although Sunday was much nicer than Saturday).

The rain was most welcome as we are way below normal for the annual precipitation totals. I was contemplating going up to Mt. Rose and hiking up to the Chutes to ski a few runs, but we only got a dusting of snow up high and the rain storms the past 2 weeks wiped away most of the remaining snow pack. So, it's wait 'til December or ski Argentina...

Breaking under the $1 mil. price barrier is #13 Country Club Villas. Priced at $998,750, this 3BR, 2.5BA, 2,108 sq. ft. free standing condo is in one of the best locations in the complex. There are now 3 good choices in the complex at good locations and priced well.

For those of you with half that amount to spend, take a look at #3 Cedarcrest. At just under 1/2 mil, this freestanding condo with 3BRs, 2 baths and 1,536 sq. ft. is right on the Champ Golf Course. The deck overlooks the course, not the driveway as is more common in this development. The interior looks ok, but may be dated. Anyway, this is likely the cheapest golf course property for sale in Incline Village right how.

Lakeview lovers may wish to check out the short sale at 377 - 2nd Tee. The asking price of only 850K is very tempting for this 4BR, 3.5BA, 2,392 sq. ft. home on the east slope. I'll check with the listing agents, but if this price is acceptable to the lender, it's not much more than lot value (and you'll find a large .607 acre lot), and that would make it a good value for a lakeview property in Incline Village.

Anyone seeking one level living at low elevation may wish to pursue a visit to 118 Abbey Peak Ln. Located in the lakeview subdivision, this remodeled home features 4BRs, 3 baths and 2,530 sq.ft in which to roam around. Nice level lot of over 4/10ths of an acre and an asking price of $1.3 mil. have piqued my curiosity.

Losing $45K of excess weight is the condo at #51 Coeur du Lac. Just 1 block from the beach, this is a 3BR, 2BA, 1200 sq. ft. property in Incline Village that has been tastefully remodeled. Popular among the summer vacation crowd, the new asking price of $530,000 is coming more into line with the competition in the complex.

Daily Blog Update - June 4 - 5, 2009
It's been a couple of busy days for this Incline Village real estate agent and the MLS brings us a total of eight new listings, five price reductions, three properties going into escrow and one property closing escrow. It should come as no surprise that the headline next to the Super Deal Alert above says that 605 Village Blvd. went into escrow. This property was already a good value at the $699,000 asking price and when it was whacked another 100K some sharp buyer jumped to the table with a ready offer. 

Checking out the new listings on the Incline Village MLS most of them are repeats but we do have a couple that are worth a quick look. Lower priced bargain hunters may wish to take a look at #30 High Sierra. This appears to be a nicely updated three-bedroom, two bath, 1300+ Sq. foot condo with a one car garage. The asking price of only $299,000 makes this one of the better values in this price range.

If you've got about five times as much money to spend then you may wish to take a look at 973 Fairway.  This three-bedroom, three bath, nearly 3000 square-foot home sits on a large lot of over 1/2 acre that is adjacent to the Championship Golf Course.  With an asking price of $1,595,000, this remodeled home offers a beautiful interior to go along with a quiet and private location that discriminating buyers will appreciate.

Low elevations shoppers may wish to check out the $86,000 price reduction at 864 Ophir Peak.  This three bedroom, two bath, 1486 ft.² home is approaching lot value at the new price of $899,000.  Situated on a nearly half acre lot in the Lakeview subdivision, this street boasts homes they go up to $3 million or so.

All of the properties getting accepted offers in the past two days were priced under $1 million. They include a refurbished condo in White Pines priced at $459,000, a nice residential home at 850 S. Dyer Cir., fetching $869,000 and the high elevation home at 826 Ellen Ct., which was a distressed property asking $664,900.

Daily Blog Update - June 3, 2009
As another round of thunderstorms rumbled through the Lake Tahoe basin today, we had a total of three new listings and one price reduction on the Incline Village real estate market. Leading the charge is the price reduction of $20,000 for my listing at 259 Ski Way Ridge.  This one bedroom, two bath, 1064 ft.² condo with underground parking features a modified kitchen that has been opened up so that two people can actually work in it at the same time.

There is new ceramic tile in the entryway, both baths and kitchen, to go along with new lighting and some updated appliances.  My seller would like to see an offer on this condo, and the new asking price of only $299,000 will hopefully spark some interest.

McCloud condo shoppers looking for a great location near the beach will want to check out #116. This is a two bedroom, two bath property that has what looks like a very nicely updated kitchen. If you have been seeking a condo in Incline Village that is close to the beach and in a woodsy setting, the asking price of $585,000 beckons you to visit this place.

Daily Blog Update - June 2, 2009
Just a quick review for tonight's Incline Village real estate update as we have only 3 new listings to report, 1 of which is a repeat. Headlining the MLS action is my listing at 194 McCloud which is arguably the most beautifully remodeled 2BR condo in the complex. I won't bore you with the details here, instead check out the web page I built with pictures and a description of the property or Click Here to See the MLS Info. 2BR, 2BA, $559,000

High end condo shoppers will want to scope out #1 Village Highlands. Remodeled and spacious, this 3BR, 3BA, property a block from the beach features soaring cathedral ceilings, 3 fireplaces and all master suites.

Daily Blog Update - June 1, 2009
On paper it looks like a lot of activity on the Incline Village real estate market today with two new listings and eight price reductions. But upon closer examination we find only two of the price changes worthy of electrons, but both of the new listings are worth a closer look.

It's not every day that we see a remodeled property for sale in Incline Village priced under $300 per sq. foot. But that is exactly the case with the house at 552 N. Dyer Cir.  Priced at $889,000, this 3200+ Sq. foot home boasts five bedrooms, three baths, a two-car attached garage and a lot of just under 1/2 acre. The original structure was built in 1966 so the exterior photo doesn't really give you much of a clue as to how nice this place is.  But the interior looks to be beautifully redone and this is a wonderful location in the Woods subdivision.

If you don't need that much square footage you might want to take a look at the very nicely remodeled condo in upper Tyrolean village located at 1310 St. Gallen Ct.  This three bedroom, 2.5 bath, 1680 ft.² property also has a two-car garage to protect your vehicles from those big snowstorms up near the ski area. With lovely views of the slopes at Diamond Peak and an asking price of $725,000, anyone looking for a nice place near the ski area will want to check out this property.

The two big price adjustments on the day are $101,000 for the updated home at 675 Tyner Way, now priced at $998,000 and a nearly $100,000 price reduction for the gorgeous home at 1089 Oxen Road. I love this property in the Mill Creek subdivision and I think it would make a great family home (actually it already is).  At the new asking price of under $1.6 million, this is one of the better values in a low elevation, high quality property.  You'll also get a large nearly level lot that's just a short walk from Lakeshore Dr. making this a great place to live all year 'round.

Daily Blog Update - May 30 - 31, 2009
While the Incline Village real estate market was not a frenzy of activity this weekend, I was quite busy doing open house, showing property and working on another new listing. The Incline Village MLS brings us a total of four new listings (two of which are repeats), one price adjustment and one property going into escrow.

Getting an accepted offer is the Lakeview condo at #334 Burgundy Hill. Priced at only $329,000 this is a one bedroom, two bath, 1064 ft.² condo with radiant hydronic heat and a nice south facing deck from which to enjoy that lovely view of Lake Tahoe. This property will set the benchmark for the Burgundy Hill and Ski Way Ridge complexes for the upcoming 2009 summer selling season.

Moving in the right direction is the $100,000 price reduction for the home situated on the Mountain Golf Course at 807 Snead Ct.  This is a four bedroom, four bath, 2494 ft.² home at the end of a cul du sac in a very desirable neighborhood. The new asking price of $1,050,000 makes this much more palatable for anyone shopping for a golf course property.

Checking out the new listings on Incline Village real estate scene we've got what is supposed to be a remodeled home at 557 McDonald. I wish there were more interior pictures so I could give you a better analysis, so I guess I will have to just hope that this property is on the MLS tour on Tuesday. Priced at $965,000 and located on nearly 1/2 acre adjacent to a year-round creek, you'll find 2685 ft.² living space divided up into four bedrooms, 2.5 baths and a family room for your entertaining pleasure. Nice low elevation location and just a short jaunt into the center of town make this property worth a look for anyone shopping in the Woods subdivision who wants to keep the price tag under $1 million.

Daily Blog Update - May 29, 2009
After taking a three day mini-vacation down the east side of the Sierras, this Incline Village real estate agent is back in action bringing you the latest news direct from the MLS. We've got five new listings, six price reductions and two properties closing escrow scattered in between the occasional thunderstorms on Friday.

Working our way from high elevation down to low, we start things off at 947 Dorcey Dr.  This three bedroom, 2.5 bath, 2062 ft.² home on a large level lot is offered at $729,000 which is $260,000 below the asking price when this property originally hit the market in the summer of 2006. This property was on and off the MLS in 2006 and 2007, and now it looks like the seller has pegged a much more realistic number on this place.  Worth a look if you are shopping in this price range, especially if you have a family because there is a pretty nice yard for kids to play in.

A little bit further down the mountain and commanding a much higher asking price at just under $1.8 million is the gorgeous home located at 710 Birdie Way.  Just a stone's throw from the Mountain Golf Course, this five bedroom, 3.5 bath, 3828 ft.² home was built by one of the best local contractors for his own family. You will find high end finishes throughout the property to go along with the quiet cul du sac location.

Dropping down to an elevation below 7000 feet we find the tastefully remodeled home at 567 Valley Dr. This four bedroom, 3.5 bath, 2618 ft.² home features peeks of the lake, an outdoor hot tub and a great floor plan.  You've got the option of one level living since the master suite is on the entry level along with the powder room, living, kitchen and dining areas. Downstairs you'll find a spacious family room with a sliding door out to the deck and hot tub, laundry room, three more bedrooms, two baths and ample closet space.  This home in Incline Village also has an oversized two car garage connected to a short level driveway and under the garage is one of the most gigantic storage spaces I've seen in recent memory. Priced at $1,149,000 this should be on the radar screen for anyone shopping in the under $1.2 million price range.

The two noteworthy price changes today on the Incline Village real estate scene are both low elevation properties, one for you condo shoppers and one for you luxury home buyers. Breaking under the $700,000 price point for the first time in several years is the three-bedroom, 2.5 bath, two story condo at #161 McCloud. 

At the upper end of the spectrum we have the gorgeous newer construction completed in 2007 at 1555 Pine Cone Cir.  It's not everyday that you see $1 million whacked off the asking price of a property for sale in Incline Village but that is exactly the case with this low elevation luxury home. You get access to a semiprivate beach to go along with six bedrooms, 6.5 baths, 7850 ft.² of living space and a deluxe interior that rivals the high-quality properties on Lakeshore Drive.

Closing escrow today on the Incline Village MLS is the bank owned property at 996 Tyner Way.  Regular readers of this column will remember this property as the one that had twentysomething offers when it came back on the Incline Village MLS as an REO at $355K.  Whether this property just needs some work or is a tear down is something that the new owner will have to decide based on their own evaluation. Those factors along with the upper nosebleed elevation resulted in the final sale price of $460,000 for a home that in mint condition would be worth somewhere around $1.2 million.

Wrapping up the action on the Incline Village real estate update today is the sale of 914 Jennifer St.  The closing price of $640,000 is very fair for this upper elevation home with overwhelming amounts of stone tile flooring and a rather unusual floor plan. I think that the buyer got a very good deal and some people in the audience will consider it an amazing deal when you take into account that the original asking price for this property was over $1.1 million back in the summer of 2006.

This should be a good example for all sellers that if you don't price a property correctly from the get-go you'll end up going through multiple price reductions and you might end up changing listing agents one or two times. I think all sellers need to evaluate their property in relation to current market conditions and ask a price that is appropriate for 2009, not 2004 or 2005.  If you dramatically overprice a property in Incline Village or Crystal Bay you will scare away the agents and buyers instead of creating the necessary level of excitement to generate showings and offers. 

I've put together proposals for a few sellers recently where we have not been able to agree on the price, so this Incline Village real estate agent won't be getting those particular properties as listings. I can only wish the best of luck to the ultimate listing agents on these places where the sellers and I did not see eye to eye on the asking price for the property.

Daily Blog Update - May 28, 2009
Just a quick synopsis of the Incline Village real estate market today as we have 4 new listings (all repeats) and 5 price changes to consider. The only excitement on the new listing front is the change of agents and big 48K price slashing for #22 at 1000 Lakeshore. This 2BR, 2BA condo is now a bargain at 450K and it comes with a 1 car garage. If you've been waiting for a good deal on a "walk to the beach" condo, check this one out before it disappears.

It was another spectacular day on my mini vacation along the east side of the Sierras. For the first time I had a chance to take the detour east of Big Pine and drove up to see the world's oldest living things; the Ancient Bristlecone Pine Forest. Only a handful of people were up at the trailhead at 10,000' and it was quite a special experience to wander among the oldest trees on the planet. Living in a very stark landscape and getting exposed to extreme temperatures and weather, these hardy trees really give you a perspective on our short, mortal lives here on earth. Dramatic views of the Sierras rising up to 13,000+ feet to the west and approaching thunderstorms made for quite a spectacle!

Daily Blog Update - May 27, 2009
This Incline Village real estate agent took a little break and drove down Hwy 395 to Mammoth Lakes. It was a spectacular ride down the east side of the Sierras today with stops at the ghost town of Bodie, Mono Lake, June Lake and then arriving in Mammoth. The ski area is still open, but the town is pretty empty with this being the shoulder season after the Memorial Day holiday.

The Incline Village MLS brings us 5 new listings, 4 price changes and 1 property going into escrow today. The news that dwarfs everything is the new listing at 84 Third Creek.

I was stunned to see this 3BR, 2.5BA, end unit come on the market at a price of only 698K which appears to be way under fair market value.  We have not seen this low of a price on a 3BR in Third Creek in over 4 years. If you have any interest in this property please call me pronto at 775-831-7000. 

Even though I'm traveling on the east side of the Sierras until Friday or Sat., I still have sporadic cell coverage, but little access to e-mail. So, ignore my outgoing phone message and leave me a voice mail and I'll return your call as soon as possible. If you've been waiting for a great deal in 3rd Creek, don't hesitate on this one.
Click Here to See the Detailed MLS Info

Daily Blog Update - May 26, 2009
We are going to breeze through the Incline Village real estate update tonight as I'm wrapping up some work and getting prepared for a mini vacation. It's time for a late spring  journey south On Hwy. 395 along the east side of the Sierras to enjoy one of the most spectacular drives in North America. Since I started working at six this morning and were now pushing 9 PM, I think it's time that I pack some clothes and get prepared for the morning departure.

The Incline Village real estate market brings us one new listing, three price reductions and two properties closing escrow today.  I would like to congratulate the new owners of the lovely home situated at 591 Rockrose.  This is a beautiful home in a woodsy spot next to Second Creek that was a bank owned property. The final sale price of $775,000 appears to be a bargain on paper, I just hope they remember to use the heated driveway feature.

I'm not sure what it is about steep driveways, but competing for the downhill ski slope competition is the other property that closed escrow today at 937 Jennifer St.  The final sale price of $490,000 is a realistic fair market value for this property considering the location and the potentially difficult access in the wintertime.

High end Lakeview shoppers may wish to consider scouting out the property at 405 Tracy Ct. which got a mammoth $700,000 price reduction today. Now reduced to just under $5 million, this five bedroom, 6413 ft.² property is worth a look when you're in the neighborhood checking out my listing not too far away at 905 Tyner.

Rounding out the action on the Incline Village MLS today is a new listing that will also appeal to the individual who is seeking a high elevation Lakeview home. Priced at $3.7 million, the 4 bedroom property at 590 Pinto Ct. is situated on a quiet cul-du-sac at the upper reaches of Lower Tyner (around 7200'). OK, time to pack some clothes and get some shuteye before that journey down the highway on Wednesday morning. I'll try to post some pictures along the way if my 3G card is working properly.

The next update will be on Saturday night or Sunday, but if possible I'll provide updates each night in between, Internet connections permitting.

Daily Blog Update - May 25, 2009
Just one property going into escrow today on the Incline Village MLS. The general real estate market took a bit of a breather on this Memorial Day holiday. After knocking out some work early this morning I actually had time to go on a hike and then late in the day enjoy some time at the beach.

Getting an accepted offer today is #4 Mountain Shadows. Priced at 464K, this is a nicely remodeled 3BR, 2.5BA, 1,280 sq. ft. condo. One of the better quality units in the complex, this will be a benchmark property for 2009 in Mtn. Shadows.

Daily Blog Update - May 24, 2009
It was a busy day for this Incline Village real estate agent as I was out showing property this morning and meeting with a prospective seller this afternoon. The MLS brings us just 3 price changes, none of them mind numbing.

The only real action to report on this gorgeous holiday weekend is the $24,000 reduction at #348 Burgundy Hill. Now priced at only $495K, this is a 2BR, 2BA, lakeview penthouse condo. I can't show you a better view at this price anywhere in Incline Village or Crystal Bay. Yes, the HOA dues are kind of high, but I think this association is trying to avoid the big assessment that hit the folks next door at Ski Way Ridge by banking some $$ for long term capital expenses.

Daily Blog Update - May 22 - 23, 2009
We have a healthy dose of action to report on the Incline Village real estate market for the past two days. With four new listings, a total of seven price alterations and one property going into escrow it's nice to see a little bit of activity to start the holiday weekend.

While South Lake Tahoe and Tahoe City might see a significant amount of tourist traffic over Memorial Day, most of the people coming to Incline Village are property owners opening up their places for the summer season. I'm not sure how well the other Incline Village real estate agents did at their open houses today, but I took a little bit of time off to hit some golf balls and enjoy this beautiful summer weather.

Getting an accepted offer today is my broker's own personal listing at #18 Crystal Shores East. This is a beautifully remodeled 1440 ft.² lakefront condo with a spectacular panoramic Lake view. Featuring three bedrooms, three full bathrooms and a location that 99.9% of us can only dream about, it also makes a fabulous vacation rental property.

Checking out the price reductions today on the Incline Village real estate scene we've got a 50K slashing down to $290,000 for the property that holds Ernie's Bakery at #65 Country Club Mall. If you've got a little more change jingling in your pocket, then you have a choice between a moderate elevation property with a very steep driveway or a high elevation home with a short level driveway.

The three bedroom, two bath, 2200 ft.² home at 664 Tyner was reduced $102,000 and is now much more palatable at $788,000. I never understood the original asking price of $999,000 on April 1, 2008, because I know my personal residence is worth more than this place and I don't have a million dollar home.

Panoramic Lake view shoppers will want to take a close look at 807 Jeffrey Court.  At just under $1.2 million, the $100,000 price reduction for this property shows that the seller means business. You get three bedrooms, two baths, 2016 ft.² of refurbished living space and a very easy driveway for a high elevation home. Perched at the end of a quiet cul-du-sac, anyone looking for a Lakeview home in Incline Village or Crystal Bay at a reasonable price will want to check out this property.

Luxury buyers will be pleased to see the very substantial price reductions for the properties at 732 Lakeshore and 936 Lakeshore.  The new construction at 732 is absolutely stunning and this is a wonderful place for entertaining. The walk to Burnt Cedar Beach is just a stones throw away. At only $4,650,000 I think you would be hard-pressed to purchase the land and rebuild this gorgeous home at that price, so I don't see the developer making a killing on this one.  Originally priced at $6,500,000, anyone shopping in the $5 million price range for a property in Incline Village will want to put this on their short list.

Taking a quick look at the new listings on the Incline Village MLS, I put #31 Third Creek back on the market today. Priced at $1.1 million and now with HOA approved conceptual drawings for the addition of a third bedroom, luxury condo shoppers will be interested in sauntering through this property. The kitchen was completely gutted and remodeled a few years ago and looks brand-new with custom cabinets, high end appliances, and slab granite including a solid backsplash.  The living room features imported Italian slate behind a gas log fireplace that is the largest one I have seen in a condo around these parts.  Hardwood floors, 2 decks, 2 person jetted tub, steam shower, and arguably the best location in the Third Creek.  If you are a condo shopper, call me for a look and to you agents in the audience "Bring me an Offer!"

Those of you who have been waiting for a spacious home in a private setting at high elevation may wish to drive up and check out the setting at 564 Matchless Court. Priced at $1,275,000, this five bedroom, 3.5 bath, 4113 ft.² home sits tucked away in the far corner of a very private cul-de-sac off Saddlehorn. Surrounded by Forest Service Land, this is one of the most private settings you will find for a single-family home in Incline Village.

Daily Blog Update - May 21, 2009
We had 3 new listings and 2 price changes on the Incline Village MLS today, but the only really exciting news is my new listing at 905 Tyner higher up the page. If you zoomed past the info on this spectacular panoramic lake view home, you've got another chance to see the MLS Info and Details

Everything else pales in comparison today and I've got a bunch of other new listings and 3 buyers coming into town this weekend, so I better wrap up today's blog entry and get back to burning the midnight oil.

Daily Blog Update - May 20, 2009
A bit of a breather for the Incline Village real estate market today as we had just 2 new listings and 1 minor price change. Third Creek hunters will want to take a look at #63 which came back on the market at only 810K. With over 2500 sq. ft, this 3BR, 2.5 BA condo on the creek is looking for some TLC.

Originally priced at $1,150,000 in June 2007 (which was a real dreamland number), the new price gives you plenty of room to drop in some $$ and make this into a special place. Lots of nice raw wood and a creekside setting give this place a real mountain feel.

While the market was slow to provide much news, this Incline Village real estate agent was busy working on another new listing and getting ready for my 4 buyers coming in over the next 5 days. Plus, I'm training hard for my upcoming backpacking trip in June. Looks like I might have to pare it back to 4 or 5 days from 9 as originally planned, but at least the snow is melting fast enough to give me a good chance of having clear trails.

Daily Blog Update - May 19, 2009
It was a busy day for this Incline Village real estate agent as I dashed around on the MLS tour in the morning and then spent the afternoon hiking around Emerald Bay and Eagle Lake. I have a very close childhood friend visiting from the East Coast and I'm trying to squeeze in a little bit of time off this week to show them the sights and some of our spectacular scenery here at Lake Tahoe. 

The snow is completely melted off for the hike from the Eagle Falls trailhead all the way into Eagle Lake. There are lovely waterfalls to view along the way, but the wildflowers have not sprouted just yet. This is a wonderful time of year to come and explore around Emerald Bay before the summer crowds arrive.

Catching up on the Incline Village real estate update we have one new listing and two price reductions to report for this breezy but gorgeous Tuesday.  Creating a little bit of competition in the Lake Country development of freestanding condos is the beautiful property located at 859. Featuring three bedrooms, 2.5 baths, 2750 ft.² of living space and a very nice interior, this freestanding condo is being offered at $1,235,000. Whether you like this property or the one that came on the market yesterday is simply a matter of personal choice because they are both high quality properties being offered at fairly reasonable prices.

Getting a $45,000 price redeployment down to $1,150,000 is the spacious three bedroom, three bath, condo at #6 Village Highlands. Located at the lower end of Village Blvd., just a hop skip and a jump from the beach, this is a very livable property that someone with an eye for updating could make into a truly spectacular place. You get a two-car garage but not a lot of guest parking, so during the busy season just tell everyone who visits to park on the street or get to know someone at McCloud who will give you a guest parking pass.

For less than the price of the aforementioned condo you can get an equally low elevation and even larger single-family home at 1069 Mill Creek.  Now priced at only $939,000 this home features a gigantically oversized garage in which you can park a bus, one of the largest master suites I've ever seen at somewhere around 800 ft.² and a mostly remodeled interior with a mountain/rustic feel. Great low elevation location, it's just a question of whether you'd like this place as is or would put a few finishing touches on the property.

Daily Blog Update - May 18, 2009
The Incline Village real estate market is off to a roaring start this week with three new listings, six price adjustments, one property going into escrow and two properties closing escrow on this sunny Monday. Getting an accepted offer is my own listing at #58 Royal Pines. This is a four bedroom, 3.5 bath, 1752 ft.² condo with a two car attached garage and it is being offered furnished at the asking price of $449,000.

Closing escrow today on the Incline Village MLS are the remodeled house in the Mill Creek subdivision at 145 Selby which sold for $790,000 and the freestanding condo at #21 Montclair right across the street from the Champ Golf Course which settled at $370,000.  Congratulations to all four agents involved with both of these transactions. They are all dedicated, hard working, full-time real estate agents who contribute a lot of time and energy for various causes in the Incline Village community.

Checking out the price reductions on the Incline Village real estate scene today we've got a $50,000 slashing for the little cabin at 202 Wheel Rd.  Now priced at only $549,000, this property which is also in the Mill Creek subdivision presents an interesting redevelopment opportunity.  Great location, in a very quiet spot in the neighborhood with a seasonal creek running along the edge of the property.  Arguably the lowest priced property in many years in Mill Creek.

Losing $120,000 off the top line is the remodeled high elevation home at 929 Dorcey.  Oozing Tahoe charm, this is a three bedroom, two bath, 1980 ft.² home with a two car attached garage that is situated on a lot of just over 2/10 of an acre.  The new asking price of only $677,000 shows that the seller is very serious about wanting to see an offer on this property.

Maybe you would like twice as many bedrooms and a lower elevation location. In that case it might be worth your while to take a look at the 6BR home at 416 Country Club Dr. The new asking price of $999,000 is $91,000 below the old offering number. This property would make a fantastic vacation rental in my opinion due to the floor plan and ability to sleep large numbers of people quite comfortably. The home is very livable and a new buyer can enjoy it as is or put their own finishing touches on the place.

The highrollers in the crowd will want to take a look at the stunning new construction at 521 Crossbow. This fabulous 7800 sq. foot home features five bedrooms, seven full baths, one half bath, incredible high end finishes throughout and a panoramic Lake view for your visual enjoyment. The builder is Ira Rodman who is extremely well known and respected for his high quality construction and ability to sense the best way to develop a Lakeview property. Now asking $5,595,000 for this gorgeous place, anyone shopping in the $5 million plus range for Lakeview homes will want to take a look at this quality piece of new construction on the east slope of Incline Village.

Our new listings run the gamut today from what appears to be a fixer upper/tear down at 672 Lakeshore (which is the most expensive of our new listings at just under $1.7 million) to a panoramic Lakeview home at 1014 Apollo priced at just under $1.2 million.  Sandwiched in between at $1,250,000 is the beautiful freestanding condo at 876 Lake Country. I've always liked this development just a block from Country Club Drive and this particular unit has one of the best locations in the complex backing up to a year-round creek and forest land. If you're out shopping in this price range, you will definitely want to take a look at this beautiful property.

Daily Blog Update - May 16 - 17, 2009
We have just a smidgen of activity to report on the Incline Village real estate market this weekend. I think most people were enjoying the spectacular summer like weather with the hottest temperatures of the year all around the Lake Tahoe basin and northern California. I had the good fortune to spend some time taking the tour at Thunderbird Lodge on Saturday and then enjoyed a boat ride from Tahoe City down to Emerald Bay on the Tahoe Gal on Sunday.

But now it's back into the fray as I have a fairly busy week ahead and need to catch up on the Incline Village MLS state of affairs for the past two days. The most interesting new listing for your viewing enjoyment is in a lakefront community. #7 Crystal Shores East is a three bedroom, 2.5 bath, 1600+ Sq. foot condo with filtered lake views and access to a private pier that is just for this complex. Priced at only $1,450,000, this is one of the better values on paper that I've seen in a lakefront complex in quite some time.

There are two fairly exciting price changes to contemplate on our Incline Village real estate update. Lakeview shoppers will want to take a look at 1000 Apollo which is now only $1,449,000.  This is a lovely three bedroom, 3.5 bath, 2247 ft.² home surrounded by what seems like endless forest service land for a wonderfully private feel. I know the owners of the property across the street since I represented them when they purchased their house earlier this year. So you don't have to worry about having rowdy neighbors destroying your serenity when you come to visit Tahoe.

If you've been poking around the lower elevation properties and are looking for something rather unique, then the place at 648 Martis Peak might just be beckoning you. Dramatically reduced by $375,000, this short sale offering features a main house and a guest cabin. You'll find a total of five bedrooms, three full baths, two half baths, 3621 ft.² in which to roam and a four car attached garage. If the bank really will accept the new asking price of $1,250,000, then this is a very good opportunity in the Lakeview subdivision.

Daily Blog Update - May 15, 2009
As the summer heat rolls in to start a beautiful weekend on the north shore of Lake Tahoe, we have two new listings, six price alterations and 1 property going into escrow today on the Incline Village real estate market.

If you've been shopping for a good value and don't mind high elevation homes, then I recommend you take a close look at 826 Ellen Court.  This three bedroom, 2.5 bath, 2918 ft.² home came on the MLS in November 2007 at $1,288,000. The owner handed it back to the bank and once again their loss is your gain. The new asking price of only $644,900 is less than it would cost to build this place, not including the land. The neighbors are relatively close by, but that's really the only weakness that I see with this property. I anticipate a lot of interest in this place at the low asking price. So, please contact me pronto if you're interested in getting ahead of the crowd on this one.

Those of you with about $4.5 million in your budget may wish to take a look at the 5720 ft.² Panoramic Lakeview home at 671 Fairview. Boasting five bedrooms, 4.5 baths, a spectacular east slope setting and a large street to street lot of 1.2 acres, this is one property I've got to preview as soon as I get a break in the action. It might only be the middle of May, but this Incline Village real estate agent has been working at a full on summer pace for the past two weeks.

Bargain hunters shopping for condos in Incline Village have two properties in the price reduction section that are worth some greater contemplation. #254 Ski Way Ridge was whacked $30,000 and is now the lowest priced property in town with garage parking at $239,000. This is a one bedroom, two bath, 1064 ft.² condo with a sleeping alcove, so the place is designed to sleep six people. Located less than 1/2 mile from the Diamond Peak Ski Area and about 1 mile from the beach, this property is priced at a level we have not seen since 2004.

Maybe you need a little more space and would prefer a three bedroom, 2.5 bath, 1360 ft.² condo? Then #132 Mountain Shadows might be on your wish list. The new asking price of only $309,000 for this partially refurbished and tastefully furnished condo, with a peek of the lake, makes this the best value in the complex at the present time.  All of the other price reductions were nice to see, but I feel those other four properties need to continue moving in the right direction before they merit any electrons in this column.

Congratulations to the listing agent for getting an accepted offer on the home at the end of the cul-de-sac at 433 Valerie.  The new asking price in February of $949,000 was much more desirable than the original opening number of $1,175,000 back in April 2007. This three bedroom, two bath, 1812 ft.² home has an interesting floor plan that affords a lot of privacy to the owner and the guests by separating the bedrooms on different levels. Nice quiet location, I think the buyer will be pleased.

Daily Blog Update - May 14, 2009
There was not a heck of a lot of action on the Incline Village real estate market on this sunny Thursday. We had just two new listings, both of which were repeats, three price changes and one property going into escrow. It looks like we are going to have spectacularly warmer weather this weekend, so anyone who wants to come up and look at property or property owners who wish to do some yard work will have the perfect opportunity.

Leading things off today on the Incline Village MLS update are two fairly significant price reductions that should make these properties more appealing to the buyers in the crowd. #13 McCloud which is a very nicely remodeled two bedroom, two bath, upper unit in a good location on the Village Boulevard side of the complex got a $20,000 shaving and is now $539,000.

The Lakeview lot at 584 Amagosa in Crystal Bay was slashed from $495,000 to just under $350,000. Bring your architect and your imagination if you'd like to construct your own special residence on this panoramic Lakeview parcel.

Closing out today's Incline Village real estate scene is the home going into escrow at 449 Fairview. I've been at this property several times and it does have some good potential. It will be interesting to see where this Lakeview home finally closes escrow because the interior was still a work in progress although parts of the place have already been nicely remodeled.

Daily Blog Update - May 13, 2009
As one old time Incline Village real estate agent told me when I first started in the business years ago," anything that can happen will happen no matter how long you're selling real estate, there will always be new experiences." Let's just say he was right...

The Incline Village MLS brings us 1 new listing, 3 price adjustments and 1 property going into escrow today. Up at 925 Tyner you'll find a cute 3BR, 2BA, home on a smallish .18 acre lot. Sliced up into 1216 sq. ft., the asking price of only $559,000 looks pretty good on paper when you take into account the 2 car garage. This house is on the upslope raising the question, "what's the driveway like???"

I'm not sure why the lots on Pine Cone Circle had one go up and one go down, just bring $4.9 to $5.6 mil. with you if you want to build your own spot on the water.

Getting an accepted offer is the chalet at 1351 Zurich. The price reduction to $325K on March 27th must have sparked some interest and now this 2BR, 2.5BA, 1400+ sq. ft. property is in escrow and hopefully it will sail along smoothly since it's a short sale.

Daily Blog Update - May 12, 2009
Headlining the news on the Incline Village real estate scene on this sunny Tuesday is my sale of 606 Lakeshore that closed escrow today. Not Lakeshore Drive in Incline Village, but a piece of beachfront property in Marla Bay at that address. I represented the buyers who have been searching for the ideal NV Tahoe property for many years. After looking at a variety of single family homes, we were able to negotiate a price of only $1.8 mil. for this property (asking price of $2,250,000) where they can build their own place down by the water. Make sure you take a look at the photos of the view on the MLS info sheet, it's truly spectacular! Oh, and there are already approved plans for a nice house!

Along with my transaction closing escrow, I also listed a stunning panoramic lake view home for just under $4 mil. that you'll be reading more about in a few days. I need to shoot some photos, but you're being forewarned that this elegant property has one of the finest lakeviews of any piece of real estate in Incline Village and Crystal Bay. The interior finishes are gorgeous throughout and it has a great floor plan. If you have been waiting for a luxurious lake view home and want to get ahead of the crowd, please give me a call at 775-831-7000 or send me an e-mail.

There were 2 price changes today on the Incline Village MLS and low elevation shoppers will want to run and take a look at #58 Village at Incline. The seller may be running out of patience before the summer crowds arrive as they lowered the price again today to only 499K. This is way below any sale in the past 4 years in the complex, for a nicely refurbished 2BR, 2.5BA, 1588 sq. ft. condo across the street from the Hyatt Hotel and Casino. I highly recommend that you take a look at this condo if you have any interest in being within walking distance of the beach and at this place you get a garage, too!

Daily Blog Update - May 11, 2009
It's either the calm before the storm for the Incline Village real estate market or a lot of sellers have taken my advice and decided to hold off on putting their properties on the MLS in 2009. One of my sellers might be renting their property on a 1 year lease rather than taking the 4 to 1 odds against getting an offer this year.

So, it's another quiet day with just 1 new listing and 1 property going into escrow. Getting an accepted offer is the little 2BR, 2BA, 1100+ sq.ft. PUD at #32 Cedar Crest. The latest asking price of 319K is much more realistic than the orginal number of 425K back in Nov. 2007. I hold the record for selling the highest priced unit in the complex at 474K, but that was a stunning high end remodel for a place next to the creek and with a peek of the lake. A one of a kind property in a very quiet and private setting that reeked of Tahoe.

The new listing today on the Incline Village MLS is in the upper nosebleed section at 977 Dorcey. This short sale looks like a bargain if you don't mind the deep winter snow. Inside 2554 sq. ft. you'll find 4BRs, 3 baths, a loft, family room, game room and a lot of furniture and personal belongings to look past to figure out if this is the place for you. The asking price is only $575,000, so this place could go quick based on the $ per sq. ft. math exercise.

I went on a brief hike Saturday on the Tahoe Rim Trail to the lookout off Hwy 267 near Brockway Summit. The snow is all melted off on this south facing section of trail, and when you get to the overlook the panoramic view of the entire Lake Tahoe basin is just spectacular! It's only 1.5 miles and maybe 500 vertical feet to the overlook, great spot for a picnic lunch among the granite slabs and boulders.

Daily Blog Update - May 9 - 10, 2009
Very little action to report on the Incline Village real estate update for the weekend. We had just 2 new listings (both repeats) and 1 minimal price reduction. So, instead of filling today's blog entry with some mindless wanderings I'd like to ask all of you to visit the web page for my cat Spumoni and say a prayer for him. He passed away 3 years ago on May 10, 2006 at the age of 14 and is missed very much every day. Click Here for Spumoni

Daily Blog Update - May 8, 2009
As the beautiful spring like weather continues here on the north shore of Lake Tahoe, the Incline Village real estate market brings us three new listings (2 of which are repeats), one price change, one property going into escrow and two properties closing escrow.

Those of you shopping in the under $400,000 range, may wish to take a look at #15 The Cedars. This is a three bedroom, 2.5 bath, 1620 ft.² condo with an attached two-car garage priced at $398,000. Located directly across the street from the post office and the Village Shopping Center, it's also just a short walk down the street to Burnt Cedar Beach.  It looks to me like the interior could use some updating, but that's to be expected at this relatively reasonable asking price.

Our amazing price reduction of the week of over $400,000 which represents roughly 30% of the previous asking price, is the panoramic Lakeview top of the world freestanding condo at 1442 Berne Ct.  If you drive to the very highest part of upper Tyrolean village and then make a left-hand turn and go up until you reach a crown of land, you've arrived at this dramatic Incline Village property.  Featuring three bedrooms, 2.5 baths, 2300+ Sq. feet of living space and an owner who is willing to carry some paper, the new asking price of only $979,000 makes this an incredible value for a panoramic Lakeview property. Even at this price I expect some buyer will write an offer trying to beat the seller down further as is the nature of things today.  But this is truly a one-of-a-kind location and it's hard to believe the asking price is now under $1 million.

The beautifully remodeled freestanding condo at 1372 Tirol Dr. (also known as the Deer House), closed escrow at $720,000 today. With five bedrooms, three baths, slab granite, raw wood and stone in abundance everywhere this was a high-end remodel and expansion that unfortunately turned out to be a rather unprofitable project for the sellers/contractors. Three very nice couples had purchased this property and did a wonderful job of expanding and remodeling the place. Unfortunately the project was completed right as real estate sales all over the country began their dramatic drop a couple of years ago. So, even though it had wonderful mountain views, a good floor plan and a high-quality interior, the high elevation location was not favorable to a property priced well in excess of $1 million. The final asking price of $799,000 (after many price reductions) drew some interest and the lucky buyer got themselves one heckuva good deal at the final sale price.

Getting an accepted offer today is the lovely panoramic Lakeview home at 505 Alpine View. Priced at $3,295,000, our market continues to see most of the action at the high end and the lower end, with few takers among the moderately priced properties in town.

Daily Blog Update - May 7, 2009
It feels like summer has returned for this Incline Village real estate agent as I was working in the office this morning and showing property to two different buyers this afternoon. Along the way I was setting up my new listing on the MLS today. #6 Incline Villas is my latest offering to hit the condo market.

For less than the price of a two-bedroom McCloud, you can buy a nicely furnished, three-bedroom, three bath, 1580+ ft.² two-story condo right next to the Championship Golf Course. There is a fireplace in the master suite and another fireplace in the living room.  The asking price of $495,000 shows you that the seller is extremely realistic and wants to sell this property pronto.

Here Is a Link to the Virtual Tour

Closing escrow today is the rare bank owned property in the Lakeview subdivision at 623 Ophir Peak.  The final sale price of $701,000 is quite a bargain even if you have to add in demolition and rebuild costs. I think the new buyer will most likely tear down and put up a rather large and high quality structure on this property rather than attempting to remodel this three bedroom, two bath home that was built back in 1973, prior to the modern building code.

Low elevation shoppers looking for a bargain in a one-bedroom condo close to the beach may wish to check out #47 Coeur du Lac. Priced at only $322,000, this is a short sale that the current owner paid $470,000 for just a couple of years ago. Their loss is your gain, but only if you can be happy in 753 ft.². On the plus side, the complex does have a pool and a nice woodsy feel just a block from Lakeshore Drive.

Daily Blog Update - May 6, 2009
We have a very fast update for you on the Incline Village real estate market today with just 1 new listing (a repeat), 1 price change and 1 property closing escrow on the MLS. Selling for an even 420K is 115 Bitterbrush. This is a well maintained 2BR, 2.5BA, 1412 sq. ft. lakeview condo with the usual vertical floor plan.

Losing $65,000 of excess weight is the fixer / tear down at 864 Ophir Peak. Now priced at 985K, this might be the least expensive property in the Lakeview Sub. Lots in the neighborhood are worth at least 900K, so this place is worth a look for you contractor and project oriented types.

I've got 3 new listings hitting the airwaves in the next couple of days, stay tuned for further details in upcoming columns.

Daily Blog Update - May 4 - 5, 2009
It's been a busy couple of days for both this Incline Village real estate agent and the MLS. On the personal front, I'm lining up showings for three different buyers later in the week and working on several new listings. The scorecard on the MLS brings us 8 new listings, 2 price alterations and one property going into escrow the past two days. Since three of the new listings are repeats we can whiz past those and move on to the newest action on the Incline Village real estate scene.

Leading things off on the new offerings is the  older home at 508 Jensen Cir.priced at only $499,000 and situated on a large nearly level lot. This is a four bedroom, two bath, 1700+ Sq. foot home that was originally built back in 1965. Folks from New England might consider that to be a moderately newer home while that is pretty much ancient construction by Lake Tahoe standards. The property looks pretty livable so it's a question of whether you see this as a bargain that you can update or something ready for scraping and replanting.

Moving up the food chain with an asking price of $1,250,000 is #45 at 1000 Lakeshore Dr. Located very close to a private sandy beach, you'll find a three-bedroom, three bath, 1440 ft.² condo. This particular property even has a fairly nice Lakeview which is quite unusual because most of the units in this complex don't have that luxury. Some families hold on to units in this complex for generations, so if you have always wanted to live in a lakefront property this one may be worth a look.

Maybe you would like a little more space in which to roam around, then the house at 505 Alpine View priced at $3,295,000 could pique your interest.  Boasting just under 4900 ft.² of living space, this four bedroom home has a Lakeview to go along with a high end remodel that was completed in 2003.

Low elevation shoppers of Incline Village properties may wish to check out 194 Tramway. This is a short sale that was radically reduced down to $995,000 a saving of $250,000 off the previous asking price. Although it's pretty close to Highway 28, there is a berm behind the property that helps to cut the noise. And at this new price, you are getting a lot of bang for your buck. 3299 ft.², five bedrooms, three baths, plus a three car garage on a level .416 acre lot.

Getting an accepted offer is the short sale at #6 - 870 Southwood. The bargain basement price of just under $165,000 for this two bedroom, 1.5 bath, slightly over 1000 square-foot condo makes this work either as an investment property or even a primary residence.

Daily Blog Update - May 2 - 3, 2009
It was a rare rainy day on the North Shore of Lake Tahoe on Saturday. This Incline Village real estate agent was busy showing property and working on a new listing while dodging the rain drops (wish it was snow, but it's rain all the way up to 8500').

The MLS brings us 1 new listing, 6 price changes and 2 properties going into escrow today. Our new listing is a spacious 4000 sq. ft, 3BR, 3.5BA home at 74 Shoreline Circle. The asking price of 3.5 mil. makes this seem pretty stratospheric on a $ per sq. ft. basis, so I'll have to see if the high end remodeled interior and view justify nearly $900 per sq. ft.

Getting accepted offers are the fixer upper / tear down at 610 - 2nd Creek and the little end unit condo at 21 Creekside West. The buyer has a project on their hands, but it's a good location in the complex and the new asking price of $255K is a lot more reasonable than when this orginally hit the market in October 2006 at 399K.

Getting a nice 155K price slashing is the free standing condo at 16 Country Club Villas. This 3BR, 2.5BA property near the Hyatt is now $1,090,000, but you can still snag another unit in the complex for only $1 mil. or maybe less.

The nicely updated 3BR house at 327 Woodridge Way got a 53K reduction off the asking price and is now only $695,000. Good views of Rifle Peak, easy access all year 'round and an attached 2 car garage make this piece of Incline Village real estate worth a closer look.

And wrapping up the action among the properties for sale in Incline Village is the 25K adjustment for 195 McCloud. This 2BR, 2BA, unit on the Incline Way side of the complex is now down to an even $500,000 and priced appropriately.

Daily Blog Update - May 1, 2009
It was a rather raucous Friday for the Incline Village real estate market as we had properties expiring and being relisted on and off throughout the day. After sorting through the morass it looks like we have a total of seven new listings (which includes a few repeats) and one price alteration.

Coming back on the market at the new lower asking price of only $799,000 is my listing at #250 McCloud. This is a beautifully remodeled and fully furnished three bedroom, 2.5 bath, 1720 ft.² condo in a wonderful location backing up to open space. Upgrades include new appliances, hardwood floors, extensive use of granite, tile and other high-end finishes throughout. This is far and away the nicest three-bedroom condo for sale in McCloud and arguably the highest quality low elevation condo in this price range.
Click Here to See a Virtual Tour

It's not often that I get excited about a higher elevation condo but the property at 941 Divot Dr. has certainly piqued my interest. This four bedroom, three bath, 1964 ft.² property has been remodeled and sits adjacent to forest service land. Priced at only $599,000 and boasting a two-car attached garage, this is not a short sale or a bank owned property, just a motivated seller who has decided to price their property very reasonably. I recommend that anybody shopping in this price range take a look at this property sooner rather than later because I don't think it will be around too long.

2BR McCloud shoppers may wish to take a run over and look at #129.  This new listing came on the market at only $539,000 and is in the grouping closest to the beach on the Village Boulevard side of the complex.

I have been extraordinarily busy the past few days working on a couple of other new listings which should be coming on the market during the next week. Stay tuned for further details and keep your eyes out for the links to the virtual tours that will be posted just as soon as these two places are ready to go.

Daily Blog Update - April 29 - 30, 2009
It's been a couple of hectic days for this Incline Village real estate agent as I've been playing catch up after a brief respite in the CA foothills. The area around Plymouth and Sutter Creek is very beautiful this time of year with the streams bubbling, flowers bursting and everything lush and green. I even saw a white squirrel for the very first time, full grown and healthy looking critter munching something along the side of the road.

Taking a look at the Incline Village real estate market for the past 2 days we've got 1 new listing, 5 price changes, 1 property going into escrow and 1 closing escrow. Getting an accepted offer on Thursday is the 4BR, 2BA, 1,656 sq. ft. cabin at 954 Garen in the higher reaches off Upper Tyner. With an asking price of just under 380K and an REO tag, it will be interesting to see where this finally closes.

Closing escrow on Wed. is the bargain of the month at 346 Winding Way. This beautiful piece of newer construction was owned by a local business man and ended up being a short sale. The final price of $925K for this 5BR, 4.5 BA, 3,541 sq. ft. home on .455 of an acre makes this a great value even if the property does back up to Hwy 28.

Lakeview shoppers will like the $775,000 slashing for 363 Mtn. Lake Ct. Now priced at $2,295,000, this 4BR, 5.5BA, 3892 sq. ft. home was beautifully remodeled in 2007. The large lot just under 6/10 ths of an acre affords great privacy on this quiet little street on the East Slope.

It was nice to see the other 4 price adjustments moving things in the right direction, but none grab me enough to keep typing late into the night.

Anyone hunting for a moderately sized property at low elevation in Incline Village will want to scope out 1079 Flume. Fetching just under $1 mil., you're looking at a remodeled 3BR, 2BA, 1,883 sq. ft. 1 story home on a .324 acre lot. Located in the Mill Creek sub just a short walk from Lakeshore, it looks like this place is move in ready.

I just got a new cell phone and switched from Nextel to AT&T. I think the voice mail is set up