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Incline Village Foreclosures and properties in default offer special opportunities to pick up a bargain in our market. We don't have a very high default rate, especially when compared with the rest of NV and the U.S. But, you will find superb values coming on the market from time to time.

If you want the inside track on bank owned properties in Incline Village or homes and condos coming up for auction please Send me an e-mail

News Flash - February 5, 2010 - I am going on a Caribbean cruise and will not have any access to cell phone, e-mail or voice mail until Feb. 15. If you need help with anything related to Incline Village real estate in my absence, please contact Tim Lampe at Lakeshore Realty at 775-831-7000 and he will be able to help you.

88 Third Creek - 3BR, 3BA, 1822 sq. ft. - Very Nicely Remodeled End Unit - 1 Car Gar.
$629,000 - Just Reduced $20,000!  

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Daily Incline Village Real Estate Blog Update - February 1 - 4, 2010
It has been another busy week for this Incline Village real estate agent and our market in general. I’ve had three buyers in town, wrote two offers, put another deal into escrow, and have been tying up loose ends before I go away on vacation. If you missed the newsflash above, I am going on a Caribbean cruise and will have no contact with the outside world from February 6 thru February 14.

So, this will be the last Incline Village MLS update until I return from my journey. If you need assistance with any real estate issues during my absence please contact Tim Lampe at Lakeshore Realty at 775-831-7000.

New Listings      Price Changes       In Escrow        Closed Escrow

Moving on to our home and condo update priced at $699,000 is a very nice three bedroom, 2.5 bath, 1900 plus square foot condo at 1000 Lakeshore #6. The property has been partially remodeled and based on the location probably makes a superb vacation rental. Now you have two great properties to choose from in this complex, #6 and #11.

Our other new listing from the MLS is an older lake view home at 555 Knotty Pine. Built in 1974, this three bedroom, two bath, 1728 square foot home sits on a large 0.42 acre lot on one of my favorite streets. Surrounded by homes that go up to nearly six million dollars, I’m looking forward to previewing this property so I can give you a fuller report. The asking price of $899,000 looks pretty reasonable for a home in this neighborhood with this good of a Lakeview.

Out of the six price adjustments on the Incline Village MLS only two are worthy of any electrons before I start packing. #19 Red Cedar had $55,000 knocked off the asking price and is now an eye-catcher at $895,000. Well maintained interior, nice view of Lake Tahoe and a good low elevation location makes this one worth a look at the new asking price.
Also getting a bit of interest now that the price is a bit more sane is the house at 451 Country Club Drive. The new asking price is $1,150,000 for this three bedroom, 2.5 bath, 2252 square foot home on a large lot that is just over ½ acre. This is a far cry from the original asking price of just under $1.4 million on both a $ and % basis.

The properties going into escrow range all the way from a little fixer upper three bedroom condo on Southwood priced at $154,000 up to the beautiful free-standing condo at 300 Glen Way #4 with a tag of just under $1.3 million.

We are seeing much more sales activity early in the year in 2010 than we did one year ago. I just opened escrow today for the lovely house at 520 Sugarpine Drive, priced at $689,000. Buyers need to be aware that the good values are disappearing one by one and once they are gone you cannot always find a suitable replacement easily. Even though we have a lot of inventory, there are only so many motivated Sellers. All the rest of the property owners in Incline Village and Crystal Bay can afford to ride out the storm and enjoy their properties while prospective buyers continue to rent rooms at the Hyatt for $300 a night or more.

Closing escrow on the Incline Village real estate market during the past three days are two condos and one free standing condo. #119 Third Creek which is a nicely furnished and well maintained three bedroom, 2.5 bath condo sold at $650,000, that’s right in line with the most recent sales in the complex. The little fixer upper at #19 Mountain Shadows changed hands at $235,000. I’m looking forward to seeing what type of remodeling the new owner does since this place was pretty original.

One last tidbit of news. It looks like Coldwell Banker Incline Village Realty has moved their office again. They have a new location on Tahoe Blvd. in the same shopping center as the Hacienda Mexican Restaurant. Congratulations to the folks at Coldwell Banker on their new location and I hope that Scott at the Hacienda sees a nice uptick in business!

That’s it until next time folks. I will be enjoying a vacation cruising the Western Caribbean and soaking up the sun. One of the best things about living here, no matter where you go in the world on vacation you always come home to Lake Tahoe.

Daily Incline Village Real Estate Blog Update - January 29 - 31, 2010
Like the snow showers across the Lake Tahoe Basin this weekend, the Incline Village real estate market had just some scattered activity. We had a total of one new listing, one price change and two properties going into escrow on the MLS during the past three days.

New Listings      Price Changes       In Escrow        

One of my favorite properties among the lower-priced homes for sale in Incline Village at 788 Geraldine got a nice price reduction and is now only $394,000. I consider this to be a very livable fixer upper and it is situated on a nice lot with a delightful mountain view. Could be the next house in Incline Village under $500,000 to sell, so contact me if you are interested in the property and I’ll give you more information

Getting accepted offers are the nicely remodeled three bedroom, 2.5 bath condo at #117 Mountain Shadows priced just under $400,000 and #1 Alpine Terrace which is just a sliver under $250,000. The latter is a two bedroom, two bath, 1200 square foot condo right across the street from the MS complex, but this one is offered up as a short sale.

Our only true new listing for the entire week popped up in the past couple of days. All of the others were repeats. #39 Incline Pines is a very spacious five bedroom, 4 bath, 2800+ square foot free standing condo on the east slope. The asking price of only $575,000 makes this one the rare properties in this complex that you will want to look at sooner rather than later.

Daily Incline Village Real Estate Blog Update - January 25 - 28, 2010
It’s been a very busy week for the Incline Village real estate market and this agent.  I’ve been working on a couple of new listings, lining up properties to show this weekend and also nurturing a transaction in escrow.  I’m still wrestling with Dreamweaver on my new PC, so these blog updates will appear 2 or 3 times a week until I get things rectified.

New Listings      Price Changes       In Escrow        Closed Escrow

The Incline Village MLS brings us a grand total of five new listings (four of which are repeats), six price changes, five properties going into escrow and five properties closing escrow.  Yes, you read those numbers correctly.  One of the busiest weeks in the winter time, so that tells me smart shoppers are looking for the best values and snapping them up.

Our only true new listing the first half of this week is a doozy.  Priced at under $155,000, we’ve got a three bedroom, two bath, two story condo at #1 Southwood Pines.  Contact me pronto if you have any interest in this property because the last one in this complex got multiple offers and went rather quickly.

Closing escrow this week are four different condos all priced under $400,000 and the lovely golf course home at 973 Fairway Blvd which sold for an even $1.4 million.  The properties getting accepted offers this week range from #52 Tahoe Racquet Club priced a sliver under $200,000 all the way up to the luxurious and spacious panoramic Lakeview home at 517 Fairview tagged at $4.5 million.

Getting a well needed price reduction of over $300,000 is the lovely home at 824 Ellen Ct.  The new asking price of $975,000 is much more reasonable for this three bedroom, 2.5 bath, 3100 plus square foot home on a .197 acre lot.  Nicely remodeled and with a great floor plan, you do have neighbors rather close on two sides for this location on a cul de sac.

Those of you with extended family who would like to be close to the beach and the Hyatt hotel and casino may wish to take a look at the other big price reduction.  #56 Village at Incline lost $100,000 off the asking price and is now a veritable bargain at only $699,000.  This is not a short sale or a bank owned property, just a great deal on a spacious 2700 plus square foot, three bedroom, 3.5 bath two story condo with a two car detached garage.  Would likely make a wonderful vacation rental because of the fabulous location and ability to sleep lots of bodies.

For the skiers in the audience, I recommend a trip to Tahoe if you have some free time to enjoy the high quality conditions on the slopes.  The higher elevation the better off you will be since everything below 7000 feet got a little bit of rain in the past week.  Places such as Kirkwood and Sugar Bowl received copious amounts of snow with the recent series of storms and have high enough elevations that you can be assured of great snow quality.

Daily Incline Village Real Estate Blog Update - January 21 - 24, 2010
Between the on and off snowstorms the past couple of days the Incline Village real estate market brings us three price reductions, two properties going into escrow, two properties closing escrow and three new listings all of which are repeats.

Here are links to all of the action on the Incline Village MLS in the past week.

New Listings      Price Changes       In Escrow        Closed Escrow

Kicking off the price reductions on the Incline Village MLS is the nearly $100,000 slashing at 728 James Lane. The new asking price of only $899,000 makes this arguably the best value in single-family home in the Lakeview subdivision.

Our other nice price reduction with $46,000 coming off the top is #81 McCloud. This is a very nicely remodeled two bedrooom, two bath condo just two driveways from the beach. The new asking price of only $439,000 shows me the seller is being very competitive with the other properties on the market.

Getting accepted offers are the home on the Mountain golf course at 807 Snead Ct and the cute little remodeled condo at 924 Wendy Ln.

The spacious free standing condo of over 2500 square feet at 1396 Tirol Dr in upper Tyrolian Village sold for $595,000. This is a very good value especially when you consider there is a two car attached garage and the property is in nice condition. Congratulations to the listing agent for also bringing in the buyer on this one.

Daily Incline Village Real Estate Blog Update - January 18 - 20, 2010
It's been quite a couple of days for the Lake Tahoe basin and the Incline Village real estate market. While the MLS brings us a slow, but steady stream of activity, Mother Nature continues to provide copious amounts of snow up here in the mountains.

Catching up on the activity for the Incline Village real estate market the past three days we have a grand total of four new listings (two of which are repeats), 10 price adjustments, 3 places going into escrow and one property closing escrow.

Anyone shopping for new construction at low elevation we’ll want to take a close look at 1085 Mill Creek. This four bedroom, 4.5 bath, nearly 3800 square foot home on just under 1/3 acre is ecologically and structurally a superb property. The asking price of $2.3 million includes high end finishes throughout, soaring cathedral ceilings and superb quality by Advance Design and Construction.

Our other new listing at #7 Incline Villas is a nicely remodeled three bedroom, three bath, 1584 SQ foot condo on the championship golf course. The asking price of $509,000 makes this highly competitive with the other remodeled property a couple of doors down in the complex.

The only price reductions catching my eye are #243 McCloud which breaks the sound barrier at $399,000 and is not a short sale or a bank owned property and the nice big $145,000 alteration at 650 Lakeshore Drive. This luxurious home built in 2008 is now priced at $3,850,000.

Our three properties going into escrow include the cute and tastefully updated condo at 924 Wendy Ln and the remodeled condo at #4 Mtn. Shadows priced at $349,000. Also getting an accepted offer is my broker’s listing for the short sale at 361 Country Club Drive.

Forgive me for ending the commentary here, but I have been working on setting up my new computer and I still have some software issues to resolve. The incline village real estate updates might be done every couple of days until I get everything figured out. While the white stuff keeps falling from the sky, I plan to also enjoy a fair amount of time shredding powder up at Mount Rose.

Daily Incline Village Real Estate Blog Update - January 14 - 17, 2010
It's been a busy week for this Incline Village real estate agent and I apologize for the delay in getting the most recent MLS updates completed.  Between the deal I have in escrow, working on 2 new listings and skiing at Mt. Rose, I've been a bit delinquent with my commentary.

The past three days bring us a total of four new listings, six price reductions, a whopping five properties going into escrow and one property closing escrow. I guess people wanted to get their offers accepted before the series of monster snowstorms arrive in the Sierras.

Two of the new listings merit a closer look. #106 Third Creek is a remodeled two bedroom, two bath condo just a stone's throw from the Raley's shopping center. The asking price of only $549,000 makes this a veritable bargain in this complex with more amenities than any other in Incline.

If you have more family and friends than two bedrooms can handle, you may wish to take a closer look at 1132 Altdorf Ter.   This is a five bedroom, four bath, nearly 3600 ft.² freestanding condo in lower Tyrolean village. You've got a filtered Lakeview, spacious areas in which to sleep and entertain and relatively easy access all year round. Located about 1/2 mile below the Diamond Peak Ski Area, this is a good location that's only 1 mile to the beach and 1 mile to the center of town.

Scanning the price reductions on the Incline Village real estate market, there are three that are just screaming for attention. Two of them are freestanding condos in The Glen, a luxury development situated just below Highway 28 not far from the Rec Center. I'm glad to see the owners of #220 and #200 finally pricing their properties where I suggested quite some time ago. At the new asking prices of $1,995,000 and $1,850,000 respectively, both places are definitely worth a look.  Losing $1.3 million off the top and now priced at $3.7 million is the gorgeous piece of new construction at 701 Fairview Blvd.  That's a big move in both % and $ terms.

Getting accepted offers are #13 McCloud which is a short sale and #19 Mountain Shadows, which is not. I had a feeling #19 would be the next property in this complex to go into escrow based on the location and asking price. Also going into escrow are two little freestanding condos in upper Tyrolean village and on the high end, priced at $1.9 million, the expansive home at 996 Wedge Court.

With this huge series of snowstorms coming into the Lake Tahoe basin over the next several days, I don't expect to be showing property. And I most certainly anticipate spending as much time as possible skiing powder. Whether or not that will be possible will all depend on when the breaks in the storms occur as the jet stream is predicted to come right over the top of Northern California. If I take a long time to respond to phone calls or e-mails this week, I apologize in advance. It just means I'm neck deep in powder or clearing the driveway for the 19th time.

Daily Incline Village Real Estate Blog Update - January 12 - 13, 2010
Before delving into today's Incline Village real estate market update, I have to give a quick ski report.  A nice winter storm brought nearly a foot of fresh powder to the upper elevations of the High Sierras. So, I had to make a point of going out and shredding some powder during the first part of the day. The slopes are starting to fill in and if we get the dose of precipitation that is predicted next week it looks like all the rocks will be covered and the Chutes will be much more palatable.

The Incline Village MLS offers up a total of five new listings (four of which are repeats), two price changes, and three properties closing escrow.  If you have $5 million to spend then you may wish to take a look at the new construction going up at 701 Fairview Blvd. I think the MLS information shows the old square footage and number of bedrooms and baths for the former property on this site, because I think there will be more than two bedrooms in a $5 million home situated on 5 acres on the Eastern slope.

With lake views in mind, the best price reduction is the hundred thousand dollar redeployment for #5 Crystal Shores East. The new asking price of only $1.1 million makes this an eye catcher for anyone shopping for a two-bedroom condo in a lakefront community.  If your budget is a little bit lighter, then the $50,000 reduction for #8 - 999 Lakeshore Blvd. which is now only $810,000 might be more to your liking.  This is also a lakefront community with a beautiful sandy beach and a prime location from which to watch the fireworks on the Fourth of July.

The Incline Village properties changing hands to new owners include the rare bank owned property on the golf course at 996 - 3rd Green selling at $1,250,000 and the lovely three-bedroom, three bath, 1800+ Sq. foot lakefront condo at #54 Crystal Shores West going for $1,850,000.

Daily Incline Village Real Estate Blog Update - January 11, 2010
As another winter storm prepares to send in the Lake Tahoe basin the Incline Village real estate market brings us three new listings, to price alterations and one property going into escrow.

We had a good amount of activity in the past week with eight properties going into escrow and a net total of only five new listings after discounting the three repeats. That puts the ratio better than 1:1 for properties going into escrow versus new listings. It looks like the prices of single-family homes may start to firm up in 2010 because the inventory of properties for sale is 30% less than one year ago for this category. So, while condos and freestanding condos still show a nearly three-year inventory, the inventory of single-family homes is somewhere between 18 and 24 months.

The headliner on the new listings on the Incline Village MLS today is 772 Lakeshore Blvd.
This five bedroom, 5.5 bath, 4400 ft.² home on the uphill side away from the water was built in 1996. Nice quality finishes throughout, great location and asking price of just under $2.6 million. The other two new listings coming on the market today include a remodeled condo in Mountain Shadows and a condo in White Pines.

Neither of the price reductions excites me today so let's take a quick look at the property going into escrow. The little cabin at 340 - Highway 28 that was built in 1959 and carried an asking price of $595,000 got an accepted offer. Not sure if the buyer plans to remodel or tear down and rebuild, but this shows you the intrinsic value of a 1/4 acre lot with a panoramic Lakeview even if it is right on the highway.

Daily Incline Village Real Estate Blog Update - January 7 -10, 2010
With a little less than a month before I leave on a one-week Caribbean cruise, the pace of activity continues to plod along on the Incline Village real estate market. The last 4 work days for me, (not the Mon. thru Fri. crowd), bring us 4 new listings, 9 price changes, two properties going into escrow and one property closing escrow on the Incline Village MLS.

Leading off the new listings on today's Incline Village real estate update is the fixer-upper/tear down at 569 Silvertip.  This three bedroom, two bath, 1248 ft.² home on a large nearly level lot was built way back in 1961, which is ancient by local standards.  The asking price of $495,000 shows that the seller is very realistic and has priced the property at what in my opinion is lot  value. Great neighborhood, wonderful upside potential, just bring a little bit of vision and your TRPA consultant.

You would think with nine price changes I would be writing a fairly lengthy commentary today. But the only one that generates any excitement inside my cerebrum is #116 McCloud. The seller has slashed the price all the way down to $469,000 for this two bedroom, two bath, upper unit condo in arguably the best location in the entire complex. The place next door at #118 sold for $585,000 just a couple of years ago, so you can appreciate what a great value #116 is at the new asking price. And the property has been tastefully updated!

Closing escrow at $290,000 is the freestanding condo at 1346 Tirol Dr in upper Tyrolean village. This three bedroom, two bath, 1297 Sq. foot property does not have a garage but makes up for that shortcoming with a nice view of the Diamond Peak Ski Area. The final asking price was $299,000 once again demonstrating that properties that are priced fairly don't need to be heavily discounted in order to make a sale.

Getting an accepted offer is the beautiful four bedroom, 4.5 bath, 4130 ft.² home at 835 Freels Peak.  Just one block from Lakeshore drive and a short walk to Burnt Cedar Beach, this lovely property on a large level lot of just over 4/10 of an acre was priced at $1,585,000. And joining it in the escrow corridor is the 3BR, 3100+ sq. ft. lakeview home at 591 Tyner priced just under $1.4 mil.

The week ahead it is shaping up to be only moderately busy. So, anyone who would like to make the trip up to Incline Village to look at some properties please contact me and we should be able to get together (unless a big snowstorm comes in on Wednesday in which case we will all be skiing powder on Thursday and Friday).

Daily Incline Village Real Estate Blog Update - January 6, 2010
As I do my snow dance in the hopes that we will get more precipitation that is not in the form of rain in the Lake Tahoe basin, the Incline Village real estate market brings us three new listings and four price reductions on Wednesday.

Those of you shopping for a Lakeview cabin that could be a livable fixer-upper or a tear down will want to check out the two new listings. Otherwise your only alternative is the chunk of commercial property at 923 Tahoe Blvd.

US Bank is one of the tenants, so if you can't afford to buy the bank maybe you can afford to be their landlord at the asking price of $2,250,000. It looks like there is over 14,000 feet of rentable space and 40 parking spaces on this 1.122 acre lot smack dab across the street from the Raley's shopping center in the heart of Incline Village.

I don't find any excitement among the price changes, so it's time to focus my attention on a transaction in escrow as one of the inspection reports is coming through my fax machine...

Daily Incline Village Real Estate Blog Update - January 4 - 5, 2010
It's been quite a start to the new year for this Incline Village real estate agent. The week began with my buyer getting their offer accepted for the 4300+ sq. ft. Lakeview home at 451 Jill Ct.  I just landed two more listings, and had two buyers in town looking at property. Fortunately, I was able to squeeze in a couple of hours of skiing on Monday while there is still some snow covering the rocks.

Anyone who's thinking of coming up for skiing, bring your old skis, not those beautiful new powder skis that you just bought. It looks like most of the snow that we received during the Christmas holiday period has been pretty well skied off or is starting to melt.  You'll want to make sure that your health insurance premiums are fully paid up if you are taking to the slopes before we get another few feet of the white fluffy stuff

The Incline Village MLS brings us one new listing, one price adjustment, five properties going into escrow and two properties closing escrow in the past 48 hours. With all the work on my plate I'm going to just skim through the Incline Village real estate update. Buyers should be advised that the inventory of single-family homes has decreased 30% in the past year.  You can't wait around forever hoping the property you love will be here six months from now. Either it will get sold at a reasonable price or the seller will simply pull it off the market and enjoy it for the next few years. Strike your best deal while you can so you can avoid the disappointment that several of my buyers have experienced in the past year by waiting too long.

For those skeptics in the crowd who have been waiting for a wave of foreclosures to hit Incline Village, there was not a single notice of trustee sale for any property in Incline Village or Crystal Bay during the past week. In Washoe County there were a total of 66 properties going up for auction with virtually everyone from Reno or Sparks and the rest somewhere else down in the desert.   So, while the rest of Nevada is experiencing an onslaught of properties in in default or going into foreclosure, the Incline Village real estate market finds only the occasional distressed property.

We may see a slight uptick in distressed properties during the summer of 2010, most of these will likely be condos that were financed with 5/1 adjustable-rate mortgages that are having their interest rates reset.  Don't expect a flood of foreclosures in Incline Village during the coming year, just the occasional property where the owner hands back the keys to the lender and rides off into the sunset (in their leased car with Dog the Bounty Hunter on their tail 'cause they're 6 months late on the payments)

The only new listing is a repeat at #53 Woodstock, a one-bedroom condo priced at $218,000. Most of the new listings we will see in the next few weeks will be repeats. So, unless there is some significant price reduction or major change to the property you won't be finding me expending electrons on these types of listings.

Anyone holding out for a great deal in Burgundy Hill should run quickly to #317. The massive price reduction of approximately $40,000 puts this beautifully furnished and nicely updated one bedroom, two bath condo with a peek of the Lake down to only $285,000. That's a 2002 price.

At the other end of the spectrum, getting a massive $500,000 shellacking is my favorite lakefront property at 831 Lakeshore Dr. Now priced at just under $3.5 million, this is the least expensive lakefront property in Incline Village and it has been tastefully updated in most parts. Okay, so you have a flag lot with only 20 feet of private beach, but that's 20 feet more than the other 7 billion people who live on earth (except for your neighbors). You get 2 buoys, a gorgeous backyard, five bedroom floor plan that sleeps a gazillion and a nice open great room/kitchen set up with quick access to the backyard. Don't delay, call me today, before this one goes away.

The properties getting accepted offers on the Incline Village real estate market run the gamut from a cute condo by the Mountain Golf Course priced at $329,000 all the way up to a lakefront condo priced at just under $2 million. If you would like to see the details about the five properties going into escrow and two properties closing escrow, you can do so by clicking the links above that will take you to the page with the links to the MLS information for each property.  Now, back to the trenches...........

Daily Incline Village Real Estate Blog Update - January 1 - 3, 2010
It's been a busy start to the new year for this Incline Village real estate agent. I'm still working on negotiating an offer, showed property to a new buyer today and have a new listing on the MLS tour on Tuesday. Plus, it's that time of year when I work on all the off season marketing projects and make the necessary computer upgrades. My new computer should be arriving in the next week and then I can put this one out to pasture.j

No action to report on the Incline Village MLS the past 3 days, except for all the listings that expired. The inventory is now down to only 347 properties, a far cry from the 503 properties we had for sale back in August. A huge number of listings expired at the end of December, how many of these will come back on the market by next summer is anyone's guess. The inventory of single family homes has declined 21% vs. the same one year ago, a positive sign for our market.

Daily Incline Village Real Estate Blog Update - Dec. 30 - 31, 2009
As the year comes to a close, the Incline Village real estate market hits us with a little flurry of activity before the title companies shut their doors for the holiday festivities. We had three properties go into escrow, one price change and two new listings in the past two days on the Incline Village MLS.

Along with all of that activity I was out showing property with two different buyers plus writing an offer. I'm not quite sure what it is about the Thanksgiving through New Year's time period.  But every year I've been in the real estate business my cohorts are taking large chunks of time off while I'm working as furiously as I do in the middle of summer. 

Getting accepted offers are the beautiful freestanding condo at #10 Red Cedar priced at $979,000 and the luxurious piece of newer construction at 112 Steam Cir. with an asking price of $1,649,000. Both of these are what we call normal transactions, i.e. they are not properties in distress. However, 377 - Second Tee which is a four bedroom, 3.5 bath, Lakeview home on the  east slope (without a garage) is a short sale. Who knows if the asking price of $750,000 bears any relation to the number that was accepted and whether or not the lenders are willing to make a deal fly. Only time will tell, so check back in six months or a year and maybe we'll have an answer on this one

Taking a quick look at the new listings on the Incline Village real estate scene, we have a rare bank owned freestanding condo that looks like a quality property. 1084 Lucerne appears to be quite a steal at only $668,900. This is a four bedroom, three bath, 3360 ft.² property with a two car attached garage in lower Tyrolean village. You even get filtered peaks of the lake and the property looks like it's in pretty decent shape inside. This will likely be the next property to sell in this price range, so if you have even a hint of interest please contact me pronto before one of the holiday visitors snaps this one up.

Looking back on 2009, it appears that the pace of unit sales bottomed out last winter and early spring. Since then the pace of Incline Village real estate sales activity has picked up significantly and we are closing out the year with total sales slightly ahead of 2008. Prices are still moving in multiple directions at different rates of speed depending on the location, view, quality, ease of access, amenities and other features affecting a particular property. Supply still exceeds demand for everything except lakefront and Lakeview properties. If you own a condo and don't need to sell, there is no need to have it on the market just cluttering up the inventory.

I would like to thank the hundreds of people who visit my website each day and read my commentary on the Incline Village real estate market. I try to be as objective as possible when providing my analysis of the properties for sale on the North Shore of Lake Tahoe. 

Those of you who have been reading my column for a long time will notice that I have toned down some of my critical remarks. This is solely due to my desire to keep peace with my broker since he takes the brunt of the complaints from other agents and brokers in town when I critique their properties in a way that they don't like.  There were also a couple of court decisions in 2008 and 2009 that treated bloggers unfavorably based on the pure speculation that someone's property value could be affected by comments in a blog. So, if I don't comment on a new listing or a price reduction it pretty much means that I don't think that property is worthy of any attention based on the price or some other attribute.

That's it for the first decade of this century. My crystal ball tells me there will be a slight uptick in unit sales in 2010 in our local market, but a strong recovery is at least two or three years away because of the relatively high level of existing inventory. I plan to be right here providing you with the blow-by-blow description as new properties hit the MLS, meaningful price changes occur and new transactions take place. Keeping the general public informed of the Incline Village and Crystal Bay real estate market is one of my top priorities as I continue to build my business and provide my clients with the highest level of customer service possible.

Daily Incline Village Real Estate Blog Update - Dec. 28 - 29, 2009
Snow might be falling from the skies and the daytime temperatures hovering around freezing, but it's a summertime pace of activity for this Incline Village real estate agent. With four buyers in town this week, a new listing at 1000 Lakeshore hitting the market, one of my deals closing escrow along with writing another offer today, it has been a whirlwind of activity.

The Incline Village MLS brings us a grand total of two price reductions, one property going into escrow and #135 Mountain Shadows closing escrow. The buyers I worked with on this transaction were two of the nicest people I've had the pleasure of doing business with. And this deal would have closed 2 weeks ago if the seller had been, shall we say, a bit more responsive.

I am very happy that my buyers were able to purchase this three-bedroom end unit condo with two decks in one of the best locations in the complex for only $245,000.  (And it has a new up to code fireplace).  You would have to go back further than our MLS records allow to find a condo in this complex at that price. So that means somewhere back around 2001 or 2002 was the last time anything in Mountain Shadows closed escrow under 250K.  Remember, for the best deals in town you just can't ignore, get yourself down to see Don at Lakeshore.

Checking out the sales stats for all 350 or so agents in our market, I'm still holding down the #2 spot.  If the deal for the house at 580 Sugarpine had been recorded in my name instead of the agent that I handed the buyer off to, I would be tied for the number one spot in buyer representation for the past three years. I had five buyers write offers on that property and the MLS statistics show the name of the agent whom I referred my client to even though the deal was a 50-50 split and I did a lot of the work. So I guess that leaves me in the #2 spot out of roughly 350 agents working the Incline Village and Crystal Bay real estate market.   Another year of Avis chasing Hertz...

I don't find either of the price reductions very enticing so let's take a quick look at the two properties going into escrow. 973 Fairway, the lovely house on the Championship golf course, just a nine iron from the clubhouse, got an accepted offer.  Also going under contract is the condo which I raved about last week in the Dec. 21 blog entry for #58 Village at Incline.  Scroll down to read my comments, the crystal ball was pretty accurate on this one.

I'm absolutely stunned that none of my buyers stepped up to the plate quickly enough to take advantage of this gift which was listed by an agent who is from outside our local market area. The asking price of just under $320,000 is about half of what the last property in this complex sold for. Whoever buys this place will most likely turn around and make $100,000 plus profit before the summer of 2010, unless they intend on keeping it for their personal enjoyment.

Daily Incline Village Real Estate Blog Update - Dec. 23 - 27, 2009
With the holiday week upon us and pretty decent conditions on the ski slopes, the Incline Village real estate market is catching a bit of a breather. The only new listing to report for the past couple of days is the property that I put on the MLS at 1000 Lakeshore.  This is a great three bedroom, 2.5 bath, end unit, two-story condo in a fabulous location just a hop and a skip from the Hyatt and the beach. The asking price of only $675,000 makes it far and away the best value in a three-bedroom unit in this complex in the past five years. 
Click Here to See the Virtual Tour

Our only other bit of activity on the Incline Village real estate scene is #57 Royal Pines. This four bedroom, 3.5 bath, fixer-upper in need of a huge amount of work, bank owned property closed escrow at $273,000.  I'm not sure if the buyer is someone purchasing this purely for investment purposes or if they intend to use it as a primary or vacation residence. So, it will be interesting to see what they do with the interior since I have the listing next door at #58.

Click Here to Use the Google Maps Search for Real Estate
Here's how it works. Click the link above to go to Google Maps. Then in the search bar enter this exact phrase: Incline Village Real Estate   Then, click "Search" and you'll see a map with a lot of pins marking each property. You'll also get a new search feature on the left side of the page where you can enter # of bedrooms, baths, price, sq. ft. and narrow your search. Works great, very easy to use and there are usually links to more info for each property.

Please make sure you come back to Inside Incline and contact me when you need more information or wish to see a property. You can always call me at 775-831-7000 when you need help with anything here in Incline Village.

Daily Incline Village Real Estate Blog Update - Dec. 21 - 22, 2009
As another dusting of snow comes through the Lake Tahoe basin, the Incline Village real estate market brings us one new listing, two price reductions, two properties going into escrow and one property closing escrow to start off the holiday week. Looks like this could be the last shot of snow for a little while, so I intend to spend a little bit of time each morning on the slopes before it gets too crowded (and skied off). I was out making tracks today in the white fluffy stuff, and although I did a couple of runs in the trees we could use several more feet to cover all of the rocks and logs off piste.

Vulture capitalists waiting for a great deal on a walk to the beach condo need wait no longer. #58 Village at Incline is a rare bank owned property within a stone's throw of the Hyatt Hotel and Casino.  (Well you might need Brett Farve's arm, but you get the picture).  At the stunningly low price of $319,000 you'll find a two bedroom, 2.5 bath, 1588 ft.² inside unit that comes with a one car detached garage. Similar properties in the complex were selling at more than twice the price just a couple of years ago. This is one of those places you could buy, rent out and hold for a few years and the numbers might work pretty good both from a cash flow and appreciation standpoint.

Closing escrow on the Incline Village MLS at the bargain basement price of $190,000 as a short sale is #89 Racquet Club.  Getting accepted offers the past two days are 2 freestanding condos in Incline Creek Estates. That represents a hefty percentage of the sales in this complex in 2009.

Taking a quick glance at the price changes on the Incline Village real estate scene, #92 McCloud is now possibly the best value on the Village Blvd. side at only 419K. Good location, upper unit, 2004 price.  The latest 20K slice off the price shows me a desire to appeal to the holiday crowds arriving this week. (And it's not a short sale like #214 which is on the Incline Way side).

Daily Incline Village Real Estate Blog Update - Dec. 19 - 20, 2009
The only action on the Incline Village MLS was the McCloud bargain at the top of this page. No other activity on our local real estate market this weekend. Guess everyone was on the slopes enjoying the good skiing conditions.

Daily Incline Village Real Estate Blog Update - Dec. 18, 2009
It was another fine day up at Mount Rose for this Incline Village real estate agent. Nice to have a little bit of time for recreation and enjoy some skiing before the holiday crowds arrive. I am hoping to maintain a winter schedule where I check e-mail and return phone calls first thing in the morning, then take the majority of the day to ski, snowshoe or train for my next expedition. Then back to work in the mid-to-late afternoon until early evening. While the days are short and the visitors sparse (outside of the holiday periods), I'm going to try and enjoy the daylight hours as much as possible.

The Incline Village MLS brings us one new listing, five price adjustments and one property closing escrow on Friday. Changing hands to a new owner is the beautiful piece of newer construction at 1605 Pine Cone Cir.  The final sale price of $4,425,000 for this five bedroom, 5.5 bath, 4800+ Sq. foot home shows you that luxury shoppers still have cash in their pockets for quality properties close to the beach. This property has only a tiny bit of a filtered Lakeview and it is not a lakefront house. It does however have access to a semiprivate beach that is for only people who live on this street. 

For those of you who think that Zillow.com has even a smidgen of accuracy for the Incline Village real estate market look no further than this most recent sale.  The "Zestimate" is $2,846,000, yeah that looks pretty accurate to me.  Let's see, they were only off by $1,579,000 which works out to an error of 36% below the actual sale price. Now if we could just get the Washoe County assessor to believe that the Zestimates are the real fair market values we'd really see some nice big reductions in our property taxes in Incline. 
Click Here to Read My Article About Zillow and Internet Home Valuations

We might have had five price changes today on the Incline Village MLS but only one of them merits any pounding on the keyboard. Getting a nice $30,000 reduction down to only $599,000 is the beautifully remodeled three-bedroom condo at #9 Northshore Estates. The seller appears to be very motivated and the new price reflects a bargain we have not seen for this combination of quality, square footage and one block from the beach location in quite some time. I anticipate this property will get a lot of showings and quite possibly an offer during the upcoming Christmas and New Year's holidays.

Panoramic Lake view shoppers will want to take a close look at 535 Alpine View. It looks like this place has been nicely remodeled rather recently and it does have one of the more spectacular views of Lake Tahoe that you will find on the east slope. The asking price of $2,995,000 reflects the large street to street lot, stunning view and quality upgrades in this four bedroom, 5.5 bath, 5200+ Sq. foot home

Daily Incline Village Real Estate Blog Update - Dec. 17, 2009
Just two price changes on the Incline Village real estate market to report today. You have your choice of either a small house with a big Lakeview or a big house with a small Lakeview. 520 Pahute is the cozier of the two properties with four bedrooms and three bathrooms inside 2080 ft.². This place in Crystal Bay has some nice updating inside and a fine view of Lake Tahoe. A $50,000 price reduction brings this one down to 749K

564 Ponderosa Ave. is the seven bedroom 4000+ Sq. foot property at low elevation that is now probably the best price per bedroom of any property for sale in Incline Village. The new asking price of only $849,900 gives those of you with an eye towards long-term investment an opportunity to do something nice with this expansive home

Daily Incline Village Real Estate Blog Update - Dec. 15 - 16, 2009
As we move into the off-season, this Incline Village real estate agent is reevaluating the business, marketing, and technology plans for 2010. With my laptop coming up on its 3rd anniversary and the introduction of Windows 7, I'm ready for an upgrade.  Can't tell you how happy I am that I've stayed with XP Pro all along and skipped the Vista nightmare.

So, it's a debate between buying a new laptop or maybe getting a screaming fast desktop machine since I work at home 95% of the time.  Then when the old laptop finally dies, maybe I will pick up one of those netbooks for when I am out and about.  Oh, and I just got the new Charter high-speed Internet at 20Mbps the fastest rate that they provide. I've tried the fastest speed DSL in the past and recently have been using a wireless 3G connection, but it doesn't provide the speed that I need.  Between the new Internet connection and the new high end desktop computer, my productivity should increase dramatically.  That means I will have a lot more time available to help new buyers in their quest for a slice of Incline Village real estate.

Before we dive into the Incline Village real estate update for Tuesday and Wednesday I'd like everyone in the audience to think about whether or not the securitization of mortgages is a good or a bad thing.  I'm preparing an article that will be posted sometime in the next day or two in response to something that I read in Realtor Magazine.

Just a smattering of activity to report from the MLS as we have one new listing, two price changes and one property closing escrow. Our new listing is a repeat with a new agent and a new price at  451 Jill Court. Finally hitting the target I established for this property when it first came on the market a long time ago, the new asking price of $2,250,000 is looking much more reasonable for this 4BR Lakeview home.

Congratulations to the new owner of #73 Royal Pines. This beautifully remodeled four bedroom, 3.5 bath, 1752 ft.² condo with a two-car attached garage closed escrow at $450,000. One of the best locations in the complex and it also has a peek of the lake. This pretty much establishes the benchmark for what a high end unit in Royal Pines or White Pines will sell for. Everyone else is going to have to price their properties in relation to this sale and they will have to be very realistic because this was the most desirable condo for sale in either complex.

Taking a quick glance at the price reductions, the real screamer in the bunch is 986 Dorcey. I was stunned to see another $75,000 lopped off the asking price bringing this  gem all the way down to $900,000. Drop this place in the Lakeview subdivision and it would go for twice the price. I cannot show you a better value at high elevation in this price range. So, if you don't mind the trek to the upper Tyner neighborhood, this property should be on your short list.

Daily Incline Village Real Estate Blog Update - Dec. 14, 2009
As I wax up my skis and prepare to make a trip to the slopes later this week, the Incline Village real estate market starts us off on Monday with two new listings, two price changes and one property going into escrow. One of our new listings on the MLS is a repeat with a new agent for #14 The Pointe, but at the same asking price of $1,395,000 for this luxury Lakeview condo a stone's throw from the Raley's parking lot.

The other new property coming on the market is a little two bedroom, two bath, 1200 ft.² condo at #2 Alpine Terrace with an asking price of $325,000.  Get to know the neighbors over at lower Tyrolean Village and maybe they will let you join them on their tennis court.

Getting a big $1.4 million price cut down to $8.5 million today is the lakefront property at 1655 Pine Cone Cir. If you have always wanted to own your personal slice of heaven on the north shore of Lake Tahoe, then take a look at this nearly half acre parcel with a 3493 ft.² home.

Daily Incline Village Real Estate Blog Update - Dec. 11 - 13, 2009
It looks like the ski resorts are going to be in full swing after the big storms that plowed into the Sierras this weekend. With between two and 4 feet of snow falling at the higher elevations, we've got the best base this early in the season in about four years. And the Incline Village real estate market did not take a break during the near blizzard conditions. We have four new listings, a few price reductions and two properties closing escrow in the past three days.

The most intriguing of the new listings is the repeat at a much lower price with a new agent at 807 Snead Court. The new asking price of $829,000 makes the original asking price of $1,050,000 look just slightly out of line, which frankly it was. Great location on the mountain golf course, quiet little cul-de-sac, good floorplan, arguably the best value under $1,000,000 in a golf course property.  You'll find four bedrooms, four baths, nearly 2500 ft.² of living space and fabulous tall windows offering great views of the golf course.
Click Here to See the MLS Info

Taking a quick look at the price adjustments on Incline Village MLS the only one of the bunch that really grabs my eye is the $300,000 reduction for the beautifully remodeled home at 822 Ellen Court. Now priced at $2.2 million, this gorgeous Lakeview home features five bedrooms, over 4100 ft.² of living space and stunning high-end finishes throughout.

Congratulations to my buddy Phil for representing the seller of the Lakeview home at 1011 Apollo Way. Closing escrow at a little bit under $1.1 million this is one of the best Lakeview values among the properties for sale in Incline Village and Crystal Bay.

Daily Incline Village Real Estate Blog Update - Dec. 9 - 10, 2009
With some of the coldest days of the year having settled in this week, the Incline Village real estate market is moving along about as slow as molasses in winter. We have a grand total of one new listing that is a repeat, four price adjustments, one property going into escrow and one property closing escrow on Wednesday and Thursday.

Getting a nice price cut down to $425,000 is the two-bedroom, + loft, two bath, 1400+ Sq. foot condo with a two car attached garage at #21 Fairway Pines. I've been waiting for the seller to hit this price point for quite some time and now this is a much more attractive property at this asking number.

Losing $50,000 of excess weight and now coming in just a smidgen under $1.3 million is the tastefully remodeled Lakeview home at 890 Tyner Way. This spacious abode features five bedrooms and 4.5 baths in 3336 ft.² of living space. 

Opening escrow as a short sale is one of the little 1BR condos in Pinebrook and closing escrow is a nice slice of Lakeview property at 513 Gonowabie.  I'm not sure how they came up with the IPES of score of nearly 800, but I just report the news, I don't make up the specifications of individual TRPA site assessments.

A sad bit of news to report is that one of our long time and most well liked members of the Incline Village Board of Realtors had their property show up on the notices of default list this week. I hope they are able to get back on track and that I won't be writing about their property going on the auction block several months in the future.

Daily Incline Village Real Estate Blog Update - Dec. 7 - 8, 2009
As a chilly Arctic storm descends on the Lake Tahoe basin we have just a smattering of activity to report on the Incline Village real estate scene. Our only new listing in the last two days is a repeat, we've got four price changes and three properties going into escrow.

The only really big price reduction on the Incline Village MLS while we were getting blasted with the big snowstorm is for the lovely freestanding condo at #10 Red Cedar. This three bedroom, four bath, 2566 ft.² property has been nicely remodeled and offers you some lake views. Wonderful gated community situated near Highway 28, the new asking price of only $979,000 is nearly $200,000 below the old number. 
Click Here to See the MLS Info

Sellers don't usually make that big of a move in one shot for a property in this price range. So, that tells me they want to be the next freestanding condo to sell under $1 million and I think that's a very good possibility. Contact me pronto if you have any interest in this property, I think it's a better value than anything for sale in the Country Club Villas across the street from the Hyatt.

Getting accepted offers to start off the week are the cute little one-bedroom condo at #47 Forest Pines, one of the 2BR moderate priced housing units at 915 Incline Way and #119 Third Creek. This last property is the only three bedroom, 2.5 bath condo on the gated side of the community backing up to the Creek priced under $750,000 at the present time.

If you are thinking of coming up to ski, the most recent storm dropped anywhere from one to 3 feet of very light dry powder on the slopes. As much as I like to ski the champagne fluff, it's too early in the year to really enjoy this type of snow with rocks and shrubs lurking just beneath the surface. Please be extremely cautious if you are skiing any time in the coming week. We need a good six-foot base to cover all the obstacles and most ski areas have somewhere between one and 4 feet of snow cover.

Daily Incline Village Real Estate Blog Update - Dec. 5 - 6, 2009
Only one tidbit to report on the Incline Village real estate market for this weekend. 961 Fairway Park Drive went into escrow on Saturday. This cute 3BR, 2BA, 1300+ sq. ft. cabin across the street from the Champ GC is offered at 499K. Now time to batten down the hatches as a major winter storm moves into Northern CA and NV. Much colder than normal for this time of year, I was scraping light, dry powder off the driveway on Sunday evening .Looks like the Tahoe ski season could be moving into full swing by the end of the week!

Daily Incline Village Real Estate Blog Update - Dec. 4, 2009
It's never a dull moment for this Incline Village real estate agent and Friday was no exception. With all the nuances I'm dealing with for the transaction that I have an escrow, two new listings coming online and a 3rd one potentially in the works, the mid-summer pace of activity continues.

We have a total of one new listing, four price changes and two properties going into escrow on today's Incline Village MLS update.  I don't have any thoughtful comments on the new listing so let's take a look at a couple of pretty big price reductions. Finally moving closer to the target price that I set 1.5 years ago is the house at 960 Apollo. The $100,000 price adjustment brings this nice lake view home down to $1,095,000.

Taking a $75,000 downward slide is the tastefully elegant Lakeview home at 606 Lakeshore Dr. Now priced at $1,775,000, this four bedroom, 3.5 bath, 3300+ Sq. foot home sits on a large .415 acre lot across the street from the water and a short walk to Burnt Cedar Beach.

It looks like the title and escrow companies have been busy this week with two more properties changing hands today. Congratulations to the buyer of 581 Knotty Pine, you got yourself a beautiful home, great location and lots of upside potential if you should ever decide to expand the place.  The final sale price of $865,000 makes this a very good value. I showed this property many times and if the living room was wider several of my clients would have written offers on this property. But, none of them wanted to take on the project of expanding the great room, even though there is plenty of coverage and it would not be too challenging.

Crossing the finish line on the Incline Village real estate market today is #50 Northwood Estates. Selling at $290,000 just a smidgen below the $298,000 asking price, it looks like sanity is returning to this complex of three bedroom, 2.5 bath, 1700+ Sq. foot condos with carports. I never understood anyone paying in the high 400s for these properties, might have been speculative fever during the peak of the real estate boom.

Daily Incline Village Real Estate Blog Update - Dec. 3, 2009
We are blazing through Thursday's Incline Village real estate update as there are just two new listings and two properties closing escrow. On top of that, I am preparing to leave for Chicago on Monday to visit my ailing mom who's 86 and in a nursing home.

The only new listing worthy of any ink today is my super deal alert above for the condo at 259 Ski Way Ridge.  Closing escrow today on the Incline Village MLS at the very reasonable price of $592,500 is the three-bedroom, 3.5 bath, three story condo with a one car attached garage at 901 Southwood Blvd., #6 Alta Village.  Also getting a new owner on this sunny autumn afternoon is the resale at #46 Incline Creek Estates. The final price of $970,000 reflects what I told the owner of this development these properties would sell for one year ago. 

Daily Incline Village Real Estate Blog Update - Dec. 2, 2009
We were greeted with another gorgeous sunny day at Lake Tahoe on Wednesday. And the Incline Village real estate scene brings us a total of two new listings, one price change and two properties closing escrow.

Even if you don't have $19 million to spend, you can appreciate the spectacular property for sale at 915 Lakeshore Dr. You'll find over 9000 ft.² of living space divided into five bedrooms, seven full baths, two half baths and an assortment of other spaces in which to roam. Incredible setting with a sandy beach, your own private pier, two buoys and all the view you can handle.

The only price change is rather unexciting, so let's take a quick look at the two properties closing escrow on the Incline Village real estate market today.  One of the little moderate income housing properties at 915 Incline way sold for $226,000. Centrally located, but the industrial park in the back yard doesn't really give you that Tahoe Mountain feel.

825 Southwood #19 sold above the asking price of $150,000 fetching multiple offers and a high bid of $185,000.  That is still well below the going rate of $239,000 earlier in the year, but quite a bit above the 150K that my clients paid for #8 just a couple of months ago. Just goes to show you, it doesn't matter if you're rich or you're poor, for the best deals in town come see Don at Lakeshore.

Daily Incline Village Real Estate Blog Update - Dec. 1, 2009
It's another busy start to the week for this Incline Village real estate agent. I've got a couple of new listings to get up and running, the usual nurturing process for a transaction in escrow and a couple of buyers contemplating writing offers. So it's nice that we catch a little bit of a breather with just three price alterations, one property going into escrow and one property closing escrow on the Incline Village MLS today.

Switching hands on the tax assessor's records is the house in the Woods subdivision at 851 S. Dyer.  The final sale price of around $575,000 for this three bedroom, 2.5 bath home with built in 1965 is fair deal for this location next to a creek in a woodsy setting. Whether the new owner decides to eventually remodel, or tear down and rebuild is something they likely contemplated before signing on the dotted line.

Going into escrow today is the little one bedroom condo in Pinebrook priced at only $90,000. This is another one of those short sale situations so let's hope it doesn't carry on until next summer for everyone's sake.  I don't want to be writing about this one next June.

If you have been waiting for the gorgeous property at 456 Ponderosa Avenue to slide under $10 million then today your wish came true. The new asking price of only $9.2 million is nearly $2.3 million below the old number. I don't currently have any buyers shopping in this price range, but if someone out there is interested I'll be happy to give you the details on this property.

Daily Incline Village Real Estate Blog Update - Nov. 23 - 30, 2009
Just a quick recap for the previous week's activity on the Incline Village real estate market. During the Thanksgiving holiday week we had a total of five new listings (one of which was a repeat), two properties going into escrow and two properties closing escrow. There were a total of 10 price reductions, but only two of them were significant.

Leading the charge on the price adjustments on the Incline Village MLS is my listing at #66 McCloud which was slashed $20,000 down to $549,000.  This is arguably the best combination of location, interior quality and view among all the McCloud condos currently on the market.
Shoppers looking for a great value in a single-family home in Incline Village may wish to take a peek at 719 James Ln. This five bedroom, four bath, 2875 ft.² remodeled home in the Lakeview subdivision had $300,000 knocked off the asking price and is now an exceptional value at only $950,000.  Nice large lot of approximately 1 half-acre and a great location just a couple of blocks from Lakeshore Dr. makes this one worth a look for anyone shopping in this price range.

The only new listing that catches my eye is the four bedroom, 3.5 bath, 2560 ft.² home next to forest service land at 847 Jeffrey. Priced at only $750,000, which is slightly under $300 per sq. ft., this higher elevation property is on my list for a preview sooner rather than later.

Daily Incline Village Real Estate Blog Update - Nov. 22, 2009
On the surface it looks like a quiet day on the Incline Village real estate market as we had no activity on the MLS. However, this agent was busy dealing with two counter offers, one of which got accepted, showing property all afternoon and lining up tomorrow's afternoon showings. I guess this is why they call me Mr. November. Last year I was writing a counteroffer on Thanksgiving day.

I am hoping to travel down to the Bay Area for a few days to enjoy the Turkey Day festivities. As usual, I will have the laptop and cell phone with me so I will be able to conduct business on the fly. No talking on the phone while driving in California since I've never felt the need living in Nevada to have the hands-free contraption. So, there might be a couple of hours here and there where I'm traveling incognito.

I will still plan to do daily updates on the Incline Village real estate blog so keep those e-mails coming.

Daily Incline Village Real Estate Blog Update - Nov. 21, 2009
It started out as a rather quiet morning for this Incline Village real estate agent. After clearing the snow off the driveway and having a leisurely breakfast I received calls from two new buyers who wanted to look at property this afternoon.  Then I submitted an offer on a condo and watched a counteroffer come across my e-mail inbox for another house. So much for writing articles for the next edition of Inside Incline. That's okay, I'd rather be out showing property than pounding the keyboard.

The Incline Village MLS only offers up three price changes and one property going into escrow today. Quite possibly the best value lately in a higher elevation home for the budget minded is our property that changed hands at 861 Jeffrey. The final sale price was only $405,000 for this three bedroom, 2.5 bath, 1560 ft.² home on a tiny lot of approximately 1/7 acre, but in a nice higher elevation location next to some forest service land.

Losing $30,000 of excess weight and now priced at $689,000 is the delightful property at 520 Sugarpine. The short sale at 996 Wedge Court which is new construction and quite luxurious features a new offering price of $1.9 million. 

Looks like another busy day on Sunday as I will be out showing properties in Incline Village and maybe shooting some pictures at my new listing over in Crystal Bay. If you've been waiting for a four bedroom single family home with a Lakeview priced under $700,000 you'll want to contact me for more info on this property.

Daily Incline Village Real Estate Blog Update - Nov. 20, 2009
As a fast moving snowstorm descended on the Lake Tahoe basin, the Incline Village real estate market swept through the day with five price alterations, two properties going into escrow and three transactions closing escrow.

The only price adjustment worthy of electrons on this chilly and blustery Friday is the $24,000 downside move to $675,000 for one of my favorite properties in the Mill Creek subdivision at 230 Pinecone Rd.  Mostly original three bedroom, two bath, one story house on a large level lot with terrific upside potential. Very livable, could be a remodel opportunity or a tear down / rebuild depending on the eye of the beholder.

Closing escrow today on the Incline Village MLS are two properties within walking distance of the beach. #33 Coeur-du-Lac, which was one of the better values among three bedroom, two bath, remodeled condos at low elevation sold at $430,000. No garage, only 1200 ft.², but a nice spot in the complex. 1-3 Forest Pines which has a similar floor plan but was not updated and is located virtually across the street sold at $380,000. I'd say both buyers got fair deals, drop $50,000 in upgrades into the Forest Pines condo and you're pretty even.

At the higher end of the spectrum the nearly 9000 square-foot mansion at 240 Estates Dr. sold for a little bit under $2.4 million. Five bedrooms, five full baths, two half baths, 8900+ Sq. feet of living space, a large lot of nearly 9/10 of an acre and ceilings a giraffe would love make this a special buy within walking distance of the beach. At around $270 per sq. ft. (which is attributing a value of zero to the land), I don't think you could build this property for the sale price.

Congrats to the listing agent of the house up on Ralston and the freestanding condo in Glenrock for getting both properties into escrow today. Time for me to go out and clear the snow off the driveway, then throw a few more logs into the wood stove. Would be nice to have someone to snuggle with in front of the fire...

Daily Incline Village Real Estate Blog Update - Nov. 17 - 19, 2009
It's been 3 busy days for this Incline Village real estate agent as I was working on writing 2 new offers, putting together two more listing agreements and getting the deal closed for #130 Third Creek.  My buyers seem very happy with the condo and we are all pleased with the final sale price of $650,000 for this three bedroom, 2.5 bath property that backs up to the creek. Lovely setting in the woods, quiet and private, the seller paid $865,000 a couple of years ago so I think my clients got a pretty good deal.

The Incline Village MLS brings us a total of three new listings, five price reductions, two properties going into escrow and four places closing escrow.  Checking out the new listings, bargain hunters looking for a good location in a Tahoe cabin will want to check out #100 Incline Crest. This 1120 sq foot, three bedroom, two bath, freestanding condo is situated next to a creek in one of the better locations in the development. The asking price of $319,000 looks pretty reasonable especially when you take into account the unique creek side setting.

Higher up the food chain at $950,000 is the five bedroom, 3.5 bath, 3000+ Sq. foot Lakeview property at #19 Red Cedar. Boasting one of the better lake views in the complex and an asking price that would be unheard of just one year ago, this place is worth a gander for anyone shopping in the million dollar price range.

None of the price changes do anything for me so let's take a quick shot at the properties going into escrow and closing escrow on the Incline Village real estate scene. At $3 million event, the beautiful property at 255 Estates Dr. is now under new ownership. This is the sprawling mansion with the putting green in the backyard with high-end finishes throughout. My compliments to the buyer, you've got yourself a fabulous spot just a couple of blocks from the beach in a wonderful gated community.

Also in search of new rec passes will be the owners for the property at #130 Third Creek where I represented the buyers.  Moving into new hands are the lovely freestanding condo at 783 Freels Peak with about 2800 ft.² of living space closing at $735,000 and the Lakeview Super Deal Alert at 751 Tyner Way closing at the final asking price of $850,000 all cash. With a bit of remodeling and some tree trimming this place will be worth something in seven figures a little ways down the road. Congrats to the new owner and their agent, this is one of those situations where everyone on all sides of the transaction should be happy.

Wrapping up the action today are the two properties going into escrow. We've got the cute cabin at 861 Jeffrey priced just under $500,000 and another one of my super deal alerts for the condo at #221 Bitterbrush which was that bank owned property I raved about two weeks ago. Multiple offers, probably will sell above the $306,000 asking price.

Daily Incline Village Real Estate Blog Update - Nov. 16, 2009
It was another busy day for this Incline Village real estate agent as I was working frantically to handle the final details to bring a transaction to closing. I also have two new listings that will be coming online before the end of November and an offer to write on Tuesday. So, while we are officially in the off-season I am continuing to work at a midsummer type of pace.

The Incline Village MLS brings us one new listing, four price adjustments and two properties going into escrow on this sunny Monday. The new listing is a repeat for a house on the Championship Golf Course at 996 - 4th Green.  The new asking price of $1,395,000 is $400,000 below where this property originally hit the market two years ago. I had clients who were interested in purchasing this property when it was first listed, but we were just too far apart on price so they ended up purchasing another property with an excellent location on the golf course.  The time value of money is a topic that many people shy away from, but it needs to be a major consideration whenever a property is listed for sale.

Taking a quick look at the price changes on the Incline Village real estate market, the $51,000 reduction down to $999,000 for the freestanding condo at 289 Deer Ct is the highlight of the day. I don't think the neighbor in this complex who is doing a For Sale by Owner will be too thrilled when they see the competition's asking price.

Losing $25,000 off the asking price is the spacious and very well-designed house at 986 Dorcey. The new asking price of only $975,000 is below replacement cost in my opinion for this nice piece of architecture located next to Forest Service land.

Getting accepted offers today are the three bedroom condo at #14 All Seasons which is a short sale priced at $238,000 and on the opposite end of the playing field at $4.7 million is the gorgeous panoramic Lakeview home at 531 Silvertip.

Daily Incline Village Real Estate Blog Update - Nov. 15, 2009
Just a very quick update on the Incline Village real estate scene today. We have two new listings for your viewing enjoyment and no other action to report on this chilly Sunday. I was out showing property once again and nurturing along the transaction I have an escrow, while most folks were bundled up on the sofa watching the NFL.

First up is a nicely remodeled home in the Lakeview subdivision at 652 Crystal Peak. The asking price of 1,325,000 makes this at first glance appear a bit high based on dollars per square foot.for a 3BR property in Incline Village. But you have to factor in the low elevation proximity to the beach and the high quality interior remodeling work.

Our other new listing on the day is the 3100+ Sq. foot home on a large 1.19 acre lot at 615 Woodridge Circle. Priced at $995,000 this four bedroom, three bath home features spacious living areas. 

Daily Incline Village Real Estate Blog Update - Nov. 13 - 14, 2009
The Incline Village real estate market is among the most competitive markets in America. Approximately one out of every 20 people who lives here full time has a license to sell real estate.  So, I'm not really sure if I should be surprised that other agents are now following me on Twitter.   I guess they figure when I do a super deal alert or a news flash that it will save them the trouble of having to follow the MLS so closely. Maybe I should just pump out garbage on Twitter and keep all the relevant information on this website and continue to send the good stuff via e-mail directly to my clients.  It kind of poses a dilemma for me.  Any readers have thoughts on this one?

Facing the Incline Village real estate update head-on we've got a total of three new listings, two price changes, one property going into escrow and three properties closing escrow on Friday and Saturday.  I am not excited about any of the new listings or either the price changes so let's take a look at the properties on the MLS that changed hands.

Closing escrow at the very reasonable price of $829,000 is the nicely remodeled French country style home at 610 Tyner Way. Good Lakeview, a slightly challenging driveway, gorgeous interior but a washer and dryer in the second bedroom closet provided for an interesting yin-yang on this place.

Also becoming the property of a new owner is the Lakeview home at 907 Tyner Way. Not sure if this is a remodel opportunity, a tear down or just a fun place to live. I can only hope that they don't throw wild parties that will disturb my clients who own the stunning panoramic Lakeview next door at 905 Tyner Way (or at least invite them over to join in the fun if they do).

Wrapping things up on the closed escrows at $615,000 is the freestanding condo at 841 Tanager St.  This is the property directly across the street from the Village Pub, so I hope the new owner likes entertainment of all kinds...

Daily Incline Village Real Estate Blog Update - Nov. 11 - 12, 2009
As we move deeper into the off-season, the activity on the Incline Village real estate market is beginning to show signs of tapering off. Our only new listing in the past two days is a repeat but at a new lower price of under $1.3 mil. for 898 Lake Country. We also had four price alterations and one property closing escrow on the MLS as mother nature reminds us that winter is right around the corner.

A couple of inches of snow fell in the Lake Tahoe basin on Wednesday night tempting everyone who is anxious to start ski season. We need about 6 feet more to cover the rocks, but seeing the trees glistening with a coating of white this morning gives everyone hope that will all be riding chairlifts soon.

Closing escrow today is the lakefront property in Crystal Bay at 300 Northlake Cir. The final sale price of $4.5 million, all cash, for this nice property is a veritable bargain by Incline Village real estate standards.

Checking out the price reductions the $80,000 slashing down to $595,000 for the duplex at 910 Harold Dr. is a nice move in the right direction. Those of you seeking a beautifully remodeled two bedroom condo in Bitterbrush may wish to take a look at #99 now that the seller has whacked the price all the way down to $449,000. The original asking price of $749,000 a couple of years ago was a bit of a stretch, but the new number is more than reasonable when you look at the spectacular interior remodel that the seller has done. High-end everything throughout and beautiful finishes with a craftsman's eye to detail that the most discriminating buyer will appreciate.

Daily Incline Village Real Estate Blog Update - Nov. 9 - 10, 2009
I wish that I had a lot of news to report, but scanning the four new listings and three price reductions on the Incline Village real estate market over the past two days I don't find much food for thought. 

The only property worthy of any comment is the new listing for the Lakeview condo at #19 Red Cedar. Priced at $950,000, this spacious freestanding condo has nice interior finishes to go along with a good view of Lake Tahoe. You also get a one car detached garage which can also serve as an extra bedroom for those guests who misbehave.

I've pretty much given up commenting on price reductions for properties that are short sales. If the asking price bears no relation to the amount owed on the property, then who knows what the lenders are willing to accept? We have seen a fair amount of short sale properties go into escrow but only a tiny percentage actually close escrow. Just because the  seller accepts your offer doesn't mean the lenders will.

Daily Incline Village Real Estate Blog Update - Nov. 7 - 8, 2009
It was a busy weekend for this Incline Village real estate agent as I was out showing property all day on Saturday and working on a new listing on Sunday. But the MLS takes a little bit of a breather giving us one new listing that was a repeat and five mostly uninspiring price reductions.

The only price alteration that merits any electrons on this chilly November evening is the $50,000 redeployment at #119 Third Creek. Good location in the complex, the seller has made a couple of significant price reductions lately showing that they are clearly interested in seeing an offer.

More exciting, are the statistics from last week's sales. We had only three actual new listings (all the others were repeats), and seven properties went into escrow. That might not sound like a lot, but for the first week of November that is a nice steady pace of activity for the Incline Village real estate market. The inventory level has dropped significantly as more properties go into escrow on a regular basis and some sellers pull their properties off the MLS for the winter time.

Daily Incline Village Real Estate Blog Update - Nov. 6, 2009
It was a busy morning for this Incline Village real estate agent and then I took the afternoon off to show a friend from Southern California a few sights around the North Shore of Lake Tahoe. Although the winds were a bit blustery, we did the hike on the Tahoe Rim Trail to the overlook above Kings Beach.

This short 1.5 mile hike one-way brings you to one of the most spectacular views you'll find anywhere on the North Shore. You are perched directly above Kings Beach and you can see the entire Lake Tahoe Basin from the vantage point at the top of the trail. With storm clouds brewing around the edge of the West shore, lenticular clouds hovering above the east shore and sunshine with blue skies in between, it made for quite a dramatic scene.

Taking a look at the MLS we find two new listings, three price adjustments, two properties going into escrow and one property closing escrow today. Changing hands at just under $495,000 is the architecturally unique property at 962 Jenifer St. Congratulations to my buddy Bruce for handling both sides of the transaction. I'll see if he can arrange for us to have one more game of indoor bocce on one of the two courts.

Getting accepted offers today on the Incline Village real estate market are the beautifully remodeled French country style home at 610 Tyner Way priced at $895,000 and the well maintained three bedroom, two bath condo at #19 Southwood Pines. The condo was a bank owned property that had nine offers, a testament to the pent-up demand for properties that are priced, in my opinion, significantly below fair market value. The asking price on this particular Incline Village condo was a sliver under $160,000 and I am betting it closes somewhere between 10% and 20% above the asking price.

Anyone shopping for a low elevation condo with a two-car attached garage may wish to take a look at my listing at #58 Royal Pines. We knocked $50,000 off the price today and the new asking price of $399,000 is much more in line with current market conditions. Offered furnished, subject to some exclusions for artwork and decorations, this well-maintained condo is move-in ready. The fourth bedroom is actually a studio apartment on the ground floor that has done quite well as a long-term rental during the past two decades. So, it's a chance to own a vacation property and you can also pull down some monthly income without having anyone disturbing your quarters upstairs.

Both of our listings are repeats today, however the property at 593 Dyer Cir. is in the hands of new agent and at a much lower asking price. If you have been holding out for the superduper extended family sized vacation home or a place that will make a terrific vacation rental, then this six bedroom, 6.5 bath, 3674 ft.² property in a garden like setting could be what you have been waiting for. The new asking price of only $1,249,000 is $750,000 below the original offering number when this property first came on the market in 2007. Could very well be the next place in this price range to sell, especially when you look at the long-term upside potential of this Incline Village home in the Woods subdivision.

Daily Incline Village Real Estate Blog Update - Nov. 5, 2009
We had a nice autumn breeze blowing through the trees today as the Incline Village real estate market brings us two new listings, two price adjustments and one property going into escrow. Looks like a fairly significant storm in the Pacific Northwest with just the tail end dragging through the Tahoe basin on Thursday and Friday.  So, while my Saturday is booked with property showings, Sunday is still open for anyone who wishes to come to Incline Village and view some properties.

Getting an accepted offer today is the beautifully remodeled condo at #73 Royal Pines. Priced at $475,000, this four bedroom, 3.5 bath, 1752 ft.² condo is absolutely gorgeous from top to bottom and you also get an attached two-car garage which is a rarity in this price range for a condo in Incline Village.

It's not every day that you have a Bitterbrush condo with a peek of the lake showing up on the Incline Village MLS as a bank owned property. But that is exactly the result we have today for #211. I remember when this property first came on the market I wrote in this column that the asking price was way too high and being criticized for my comments. Well, the new asking price of just under $307,000 is about $442,000 less than the original asking price of $749,000. Now that's a Ross Dress for Less bargain type of discount if I ever saw one. As my rapping real estate buddy in Oaktown likes to say, "Don't delay, make an offer today, 'cause this one will soon be going away".

Those of you who have been waiting for a good location on the eastern slope under $1 million may wish to take a gander at 649 Alpine View. Priced a smidgen below $900,000, this four bedroom home offers a little bit of Lakeview to go along with a large street to street lot that is just under 1/2 acre and Forest Service land to one side.

Bargain hunters looking for a good value in a low elevation property who want to avoid the rigors of a short sale would do well to take a look at #19 Tahoe Sierra Pines. The $21,000 haircut brings this four bedroom, four bath one level condo all the way down to only $249,000. Whether you make it a vacation getaway or buy it and put it on a long-term rental program as a pure investment play, this low elevation condo is the lowest price we've seen in this complex in roughly a decade.

It's now been almost 3 1/2 years since I first started doing this blog. While there are a number of imitators and even a handful of agents using my blog as the source for their material, I believe that I am still the only Incline Village real estate agent providing current market information on a daily basis. I'd like to thank the thousands of loyal readers who visit my website on a regular basis, your readership and comments are greatly appreciated.

Daily Incline Village Real Estate Blog Update - Nov. 4, 2009
We've got pretty light activity on the Incline Village real estate market on Wednesday. Our only new listing is a repeat, there are three price alterations and one property going into escrow.

I can't explain why the price was raised a couple of hundred thousand dollars for the bank owned property at 996 Wedge Court. So rather than speculate on the seller's reasoning for pushing the price up to $2.2 million it's more interesting to check out the $38,500 shaving at 1079 Flume Rd.  This property has been very nicely remodeled and offers expansion opportunities. Nice large level lot in the Mill Creek subdivision. The new asking price of $919,000 should put this property on the viewing list of anyone shopping at low elevation under $1 million for a three bedroom single family home in Incline Village.

Getting an accepted offer today is the beautiful five-bedroom, 8925 ft.² home at 240 Estates Dr. This gated community just below Highway 28 is set back off of the intersection of Mill Creek and Country Club Drive.  It was built in the mid-1990s and offers homes with large lots in this case just under 1 acre. Offered at just under $2.8 million, it's a nice luxury property.

Daily Incline Village Real Estate Blog Update - Nov. 3, 2009
As we enjoy another gorgeous autumn day at Lake Tahoe, the Incline Village have MLS brings us two new listings, five price reductions and two properties going into escrow on our real estate update.

The big news of the day is the $100,000 price reduction for my listing at #31 Third Creek. Arguably the most beautifully remodeled condo in the entire complex this stunning property has to be seen to be appreciated. The new asking price of $899,000 puts this gorgeous condo backing up to the creek at around 400 $ per sq. ft.  The complex features all the amenities you could want including a swimming pool, spa, sauna, clubhouse, tennis court, men's and women's locker rooms, a small gym and lots of open space for kids to play.  Click Here to See the Virtual Tour

Condo shoppers searching at the $500,000 price point and under will want to take a look at 1-23 Forest Pines. The new asking price of just under $450,000 for this four bedroom condo one block from the beach makes this arguably the best value in the complex.

Getting accepted offers today and moving into the escrow process are two properties in the million dollar price range. One of my favorite homes on the west side of town at 581 Knotty Pine with an asking price of $950,000 went under contract. Great property with lots of upside potential located next to a seasonal creek and a beautiful piece of Forest Service land. Also going into escrow on the Incline Village real estate scene is one of the freestanding condos in Incline Creek Estates that is a resale unit priced at $1 million.

Both of the new listings today are condos at 915 Incline Way that fall into the category of "moderate income housing" which means there are some restrictions on who can buy them and how future resales are handled. Newer construction, good location near the center of town within walking distance of everything, these two bedroom, 1 bath units are priced at just under $240,000.

Daily Incline Village Real Estate Blog Update - Nov. 2, 2009
It's another gorgeous day on the north shore of Lake Tahoe with unseasonably warm temperatures in the mid 60s and beautiful sunny skies from dawn to dusk.  I focused a lot of my energy on the transaction that I have an escrow.

But I still had a little bit of time to take in the meeting of the Legislative Committee for the Review and Oversight of the Tahoe Regional Planning Agency. What transpired during the two hours I was at that meeting was far more interesting than the two new listings, three price reductions and two properties going into escrow on the Incline Village real estate market today. So, let's take a quick look at offerings from the MLS before digressing to a far more important topic, the preservation and rejuvenation of the Lake Tahoe environment.

Our new listings consist of a repeat at Lakeshore Terrace and another new entry into the game at #234 McCloud. Only three photos, so I can't really offer you much of an opinion except to say that this property is being offered "As-Is". 

Checking out the price reductions for the Incline Village and Crystal Bay real estate scene, we've got a big $105,000 adjustment down to $595,000 for the three story condo at 685 Palmer Ct.  If you have been searching for a great location on the golf course to either do a remodel or build your own dream home, then the $50,000 slashing at 568 Putter makes this one worth a closer look. Now priced under $1.1 million, this is one of the best spots at the end of a cul-de-sac right on the Championship Golf Course.

A property that I thought was already priced quite reasonably got a $24,000 alteration which shows me some serious motivation on the part of the owner to get this place sold. 840 Jennifer St. is quite possibly the best value in a Lakeview home in its price range of $975,000.  Contact me pronto if you'd like to see this property, I don't expect it to be around much longer at the new asking price.

While listening to the various members of the Nevada State Assembly and State Senate ask questions and talk about their concerns for the Lake, I realized that these people genuinely care about preserving and protecting the environment and the Tahoe basin. The problem is that the TRPA which is the entity assigned with that task and given the public trust continues to take a reactive stance rather than a proactive stance toward fulfilling their mission.

Unfortunately, I don't have the time in today's commentary to share with you all of the details about the shortcomings of the TRPA. Suffice it to say that the agency has been behind the curve on such important issues as the use of pervious asphalt and concrete to replace all impervious surfaces, the removal of invasive plant and animal species from the lake and the reduction of forest fuels that can cause catastrophic wildfire. So, while the new executive director talked about how "we must reverse the flow of fine particles entering the lake", she could not even talk in-depth about the sources of those particles or offer solutions to the problem.

There are some very simple solutions that need to be enacted quickly if we are to improve lake clarity and restore the Tahoe basin to a status closer to the natural environment. These steps include aggressive programs to physically remove Asian clams and mussels of all varieties from the lake by hand and by vacuuming. We also need to remove milfoil and other types of algae growing in the lake and this too, will be a labor-intensive project. But it must be accomplished before these invasive plant and animal species spread any further.

It's time to insist that both the Nevada and California state governments require smog checks on all vehicles registered within the Lake Tahoe basin. Right now all vehicles in the Lake Tahoe basin are exempt from smog checks because our air is so clean that it falls outside of the standard for required smog checks. I don't think we should wait until the air here is so polluted that federal standards would then require smog checks. It's up to each state to be proactive, along with prodding by the TRPA to enact legislation and remove offending vehicles from the basin so that we can maintain our superbly clean mountain air.

We can have a five-year program to phase out the use of all diesel vehicles and heavy equipment in the Lake Tahoe basin, except for those vehicles that have the new clean burning diesel engines. A significant percentage of the fine particles dropping into the lake each year are from the vehicular exhaust, especially older diesel vehicles and equipment.

Tire technology has advanced far enough that the special rubber compounds on winter ice tires now offer braking ability equal to those of studded tires. Large amounts of pavement are ground up into fine particles and they eventually wash down into the lake each year. Also, a rigorous program to install pervious asphalt every time a paving project is being done will help to percolate water into the ground and prevent more fine particles from running off into the lake.

So I guess the question is, will the Oversight Committee take to heart any of the recommendations that they received from the general public yesterday. Or will they simply let the leadership of the TRPA continue to operate in a reactive rather than proactive fashion as lake clarity continues to decline.

Daily Incline Village Real Estate Blog Update - October 31 - Nov. 1, 2009
The Incline Village real estate market does not bring us any tricks or treats on this Halloween weekend. Just one minimal price reduction and only one real new listing (not counting the repeat). At $545K we have the mixed use property at 30 Country Club Mall. 3BR condo upstairs, nice large commercial space downstairs.

That's it for the action on the Incline Village MLS for the past 2 days. So, have another slice of pumpkin pie, put on your favorite costume and go out and enjoy the festivities.

Daily Incline Village Real Estate Blog Update - October 29 - 30, 2009
The Incline Village real estate market continues to plod along nicely with two properties going into escrow, one property closing escrow, five price adjustments and 4 new listings as we beckon the arrival of Halloween.  I am pleased to report that I am representing the buyer on one of those deals going into escrow for the 3BR condo at #130 Third Creek.

Also getting an accepted offer on the Incline Village MLS is the fixer-upper/tear down at 634 Village Blvd. Buyers continue to fixate on the lower and moderate priced properties where they believe they have the best long-term investment potential.

Closing escrow at the nice price of only $940,000 is the nearly 3000 square-foot, four-bedroom, lake view home at 1014 Apollo Way. The smallish .2 acre lot and the high elevation location are just two of the reasons that this property sold for such a good price.  Put this house on Sugarpine or Silvertip on a half acre or more and you would be looking at a significantly higher number.

I'm happy to see #28 Country Club Villas get a significant price reduction all the way down to $899,000. This very nice freestanding condo originally came on the market at $1,070,000 which I found rather perplexing at the time. So, the new asking price makes this property very competitive with the other units in the complex.

Losing $50,000 of excess weight and now priced at $1,649,000 is the nice, newer construction at 112 Steam Cir.  Good architecture, nice floor plan with four bedrooms and 4.5 baths, and a spacious 3700+ Sq. feet make this home worth a look for anyone shopping at low elevation in this price range.

Two of the four new listings are repeats so we can fly past them, the third one doesn't really interest me, so let's take a quick moment to encapsulate #19 White Pines. This could be the best value at $389,000 in either the Royal Pines or White Pines complexes. Remodeled end unit featuring three bedrooms, 2.5 baths, a two-car attached garage and a location next to a creek. Definitely worth a look if you are shopping for a low elevation condo in Incline Village under 400K.

Daily Incline Village Real Estate Blog Update - October 27 -28, 2009
As an icy blast of winter descends briefly upon the north shore of Lake Tahoe the Incline Village real estate market finds itself moving at the slow steady pace of molasses. We had one new listing, five price alterations, one property going into escrow and one property closing escrow on the Tuesday/Wednesday combo.

Switching hands to a new owner is the two bedroom, 1.5 bath condo at #28 Incline Manor at the final sale price of $225,000.  The asking price was also $225,000 and this property was on the market less than one month, showing that you can't expect a big discount off the list price if the property is offered at a fair number to begin with.

Going into escrow is #15 Pinebrook, a 600 ft.² one bedroom condo value priced at $115,000.  This property is a short sale, so will have to wait and see what number the lenders finally accept.

Coming on the market for completion in 2010 is a luxurious panoramic Lakeview home at 533 Eagle.  This new construction by Ira Rodman will be over 6000 ft.² in size and features five bedrooms, 5.5 baths and a tasteful architectural style offered at $4,595,000. The builder has a reputation for finding some of the best Lakeview lots and constructing superb high-quality homes, I'll be anxious to see what this Incline Village property looks like a few months down the road.

The only price change that really catches my eye is the $500,000 adjustment for the lakefront condo in the Crystal Shores Tower. The new asking price of $2.5 million for unit F is going to put this on the radar screen of anyone shopping for a lakefront property in Incline Village or Crystal Bay.

Daily Incline Village Real Estate Blog Update - October 26, 2009
As we enjoy what could be the last nice autumn day for a while, the Incline Village real estate market brings us two new listings, five price reductions and three properties closing escrow today.  The value priced property of the day changing hands at $375,000 is the cute little cabin at 202 Wheel Rd. This is a gem in the Mill Creek subdivision situated next to a seasonal creek at the end of a tiny cul-de-sac. Congrats to the buyer, it will be interesting to see what their vision is for the property.

Also changing hands to a new owner is #211 Bitterbrush. The final sale price of only $430,000 for this two bedroom, 2.5 bath, 1400+ Sq. foot condo with a peek of the lake shows us that properties in this complex have backed off a good 25% (or more) from the market peak. Selling at over $1 million per bedroom is the luxurious condo at #47 Stillwater Cove.  Fetching $3,550,000, no expense was spared in remodeling this super high-end deluxe condo in this gated waterfront community.

Without overstating the obvious, the really big price change today is $4.5 million for the gorgeous lakefront compound at 585 Lakeshore. The new asking price of $29.5 million will now put this into the automatic search of anybody looking for properties under $30 million.  This is a big enough price reduction that it should catch the eye of anyone shopping for a spectacular lakefront property in Incline Village or anywhere at Lake Tahoe (if it fits your budget).

At about 1/10 the price you can get a four bedroom home up at 771 Burgundy. This four bedroom, 4.5 bath, over 4000 ft.² home is situated on a lot just bigger than 1 acre. Nice spot in which to entertain or just enjoy daily living perched high on the East Slope in a great neighborhood.

Daily Incline Village Real Estate Blog Update - October 24 - 25, 2009
Not a lot of action to report on the Incline Village real estate update on this autumn weekend. We had just one new listing (2 others were repeats), five mostly unexciting price reductions and two properties going into escrow on the Incline Village MLS.

Shoppers looking for a bit of privacy on the North Shore may wish to check out the new listing at 594 Douglas Ct. Tucked away on a quiet little cul-de-sac, this is a remodeled three-bedroom, three bath, 3149 ft.² home. It looks like this home has a nice mountain style and a rather secluded setting if you don't mind the drive up to this higher elevation location.

Getting a nearly $200,000 shellacking and dropping down to a $1.7 million asking price is the remodeled three-bedroom home at 671 - 14th Green.  Nice large lot and extensive use of stone and wood gives this property a real Tahoe feel.  The other three Incline Village properties getting adjustments on the downside today are all in the $460,000 to $625,000 price range and may or may not be of interest to you depending on your personal preferences.

Those of you who procrastinated on taking a look at the Lakeview house at 751 Tyner Way have missed the boat as this place went into escrow today. I am actually quite surprised that none of my buyers stepped up to the plate to make a reasonable offer on this property, especially when the asking price was cut $250,000 all the way down to $850,000. Some lucky buyer is acquiring this excellent property with tremendous upside potential.

Daily Incline Village Real Estate Blog Update - October 22 - 23, 2009
With expired listings coming back on the Incline Village real estate market with regularity, the number of new listings popping up each week is made up of many repeats and few truly new offering.  So, we've got a total of six new listings (4 are repeats) to go along with seven price alterations and three properties going into escrow for your cerebral pleasure.

Bargain hunters will appreciate the 2 good values that just hit the Incline Village MLS. #19 Southwood Pines is superbly priced for a three bedroom, two bath condo at a sliver under $160,000. I represented the buyer of #8 in this same complex recently for just a smidgen less, so anticipate #19 will sell rather quickly.  Also getting the attention of anyone looking for a good deal in a distressed property under $300,000 is #57 Royal Pines. The asking price of $297,000 is not going to help me get my listing sold next door, but it should attract a buyer for this four bedroom, 3.5 bath, inside unit condo with a two-car attached garage that's now bank owned.

Checking out the price adjustments on the Incline Village real estate scene, we've got a couple of attention getters.  If you have been shopping for a lakefront condo then the $200,000 reduction at #2 Crystal Bay Cove is sure to pique your interest. The new asking price of under $2 million for this three-bedroom, three bath, 2100 ft.² condo on the water puts this much closer to the price of recent sales in the complex.

One of My Favorite Higher Elevation Lake View Homes at 1011 Apollo Way is now just under $1.1 million. I cannot show you a better value in a Lakeview home in this price range with anywhere near this good of a view of Lake Tahoe. If you have been holding out for a great value in a lake view property, please contact me pronto because I don't expect this one to be around much longer at the new asking price.

Daily Incline Village Real Estate Blog Update - October 21, 2009
With the autumn colors in their full regalia and all the little critters stashing away food for the winter, the Incline Village real estate market continues along at a relatively steady pace. We have a total of one new listing, four price changes, two properties going into escrow and two more properties closing escrow on the MLS the past two days.

Changing hands to a new owner at the final sale price of $669,000 is the nice three-bedroom, three bath condo at #84 Third Creek. So now everyone in the audience has a good comp for my listing at #88 which is priced at only $649,000 and is completely remodeled. Since my listing is priced $20,000 below the most recent sale, I'm hoping we'll see more interest in the near future now that #84 has finally closed and a lot of people have been holding their breath waiting on that final number.

Also closing escrow is the luxury one bedroom condo at #6 Stillwater Cove with a final sale price of $975,000. Considering this condo has 972 ft.² living space, that works out to about 1000 Dollars per Sq. foot.  The other large crowd waiting for a comparable sale in the Country Club Villas, can now be satisfied knowing that #17 sold at $864,000. You can now safely write offers on the other units in the complex knowing what this place sold for and try to negotiate your best deal.  The other sellers will either have to negotiate with you or watch you march on to the next property.

The bargain of the day is #181 Mountain Shadows which closed at only $350,000. Very rare oversized 1782 ft.² unit with a loft and a one car garage. I doubt we'll see another one of these anywhere near this price in the near future. Lots of regular units for sale in Mountain Shadows, but nothing quite like this one.

I just reshot the virtual tour for the Panoramic Lake View Home at 905 Tyner Way. This one loads in a fraction of the time of the old tour. Enjoy!
See The New Quick Loading Virtual Tour

Going into escrow today is the value priced three bedroom condo at #6 Alta Village priced in the $600,000 range and and just two blocks from the beach. Joining in on the action and also getting accepted offers are the cute little cabin at 202 Wheel Rd. and the luxurious Freestanding Condo at 876 Lake Country Dr.

Bargain hunters looking for a good deal in a condo under $300,000 will want to run over and take a look at #57 Royal ponderings. This bank owned property might be an inside unit, but at the asking price of $297,000 I can't show you another place in town with four bedrooms, 3.5 baths and a two car attached garage.

The only price reduction on the Incline Village real estate update that hits me with any excitement is the $34,000 movement on the downside at #64 Racquet Club. The new asking price of only $295,000 ( and this is a straight sale not a distressed property) makes this the best value in the complex.

Daily Incline Village Real Estate Blog Update - October 19, 2009
We've got an interesting start to the week on the Incline Village real estate market. Two new listings, four price reductions and one property falling out of escrow greet us on this stormy Monday.

My condolences to the listing agent at 1351 Zürich for seeing the little chalet drop out of contract today. This property was a short sale, so I have idea whether the property fell out of escrow because of a disagreement over the price or some other contingency. And since we have a dozen or more contingencies in every purchase agreement for a piece of Incline Village real estate, it would be pure speculation on my part to guess the reason this property is now back on the market.

Leading the charge on the price changes today is the over $200,000 redeployment for #1 Incline Creek Estates. I am rather stunned to see this property being promoted as a short sale, so I am wondering if this is the personal investment of one of the original partners in the development. I'll have to do some more research to find out the answer to that question. This is the original model and has every upgrade known to mankind (or at least in this complex).  Slab granite, travertine, raw wood, stone, nice appliances, smart technology, you name it this place has got it. The new asking price of only $990,000 should put this on the shortlist of anyone shopping for a freestanding condo.

Our other big price reduction on the Incline Village MLS today is for 564 Ponderosa Ave.  It looks to me like this could be falling into the short sale category also at the new asking price of $895,000. I don't know how many people in the audience needs seven bedrooms, but if you do this is probably the cheapest 7BR property we've seen up here in a long time.

Those of you shopping for a panoramic Lakeview home that have been waiting for a spectacular deal need wait no longer. 687 Cristina is back on the market with a new listing agent and a new price of only $1,580,000. Fantastic vacation rental, the place could use updating, but you've got 10 bedrooms, 10 full baths and over 7000 ft.² of living space. Short level driveway, very private lot on the east slope and a view of Tahoe that goes on forever. Anyone looking for a great long-term investment that doesn't mind fixing up this place over time will reap fabulous rewards from this property.

Daily Incline Village Real Estate Blog Update - October 17 - 18, 2009
We have some pretty slim pickings on the Incline Village real estate update today. Both new listings are repeats and only one of the two price reductions merits any electrons.

Those of you shopping for a good value in a Lakeview home may wish to take a close look at 1000 Apollo. This very nice property with a wonderful mountain feel next to a large chunk of forest service land is now only $1,325,000. With no other excitement to report on the Incline Village MLS today, I'm going to call it an evening and go out on the deck and enjoy the beautiful stars tonight. With a new moon, the Milky Way should be out in full force.

Daily Incline Village Real Estate Blog Update - October 16, 2009
The week is off to a rousing finish with four properties closing escrow, two properties going into escrow, five price adjustments and two new listings on the Incline Village real estate market today. One of the new listings on the MLS is a repeat so we can ignore that and move right along to the Lakeview house at 577 Tyner Way.

At just under $2.6 million, this three bedroom, 3.5 bath, 3800+ Sq. foot home boasts a wonderful setting, four car attached garage and a great neighborhood. I will have to take a walk up the street and check this place out, especially since the property around the corner at 587 sold just a couple of months ago and that will make for a good comp.

Checking out the price adjustments on the Incline Village real estate scene, my favorite is the $100,000 slice off the price at #5 - 1000 Lakeshore.  This three bedroom, two bath condo is in a gated lakefront community with a private sandy beach. The new asking price of just under $800,000 makes this far and away the least expensive condo in this complex in many, many years. I don't expect this one to be around too long at the new offering number.

The other eyecatcher is the $126,000 reduction for 868 Rosewood Cir.  The new asking price of $969,000 for this freestanding condo in Incline Creek Estates makes this one worth a look for anyone shopping in this category. It's kind of funny, I met with the owner of the development last December and told him that these properties needed to be priced somewhere around $1 million in order to sell and it looks like the market has spoken and pushed them in that direction anyway. Whether this will continue or buyers will pay a premium for the brand-new construction in the development is a story that will unfold in the coming year.

I'm a little pressed for time so we're going to zoom through the properties changing hands today. Getting accepted offers are the cute little cabin at 803 Jennifer St. and what I've been touting as one of the best values in a freestanding condo at 783 Freels Peak, especially since the asking price got knocked down under $800,000.

Closing escrow today on the Incline Village real estate market is the beautiful home at 125 Mayhew Cir. which fetched $2 million even. Three condos also got new owners including #35 Fairway Pines at $437,000, the oversize two-story, two bedroom condo at #53 McCloud selling at $575,000 and the fixer-upper unusual design 3BR at #63 Third Creek at $775,000.  This last property has a great location and a real Tahoe Mountain style feel, but most buyers would probably put at least a couple of hundred thousand into it in updating and remodeling.

Daily Incline Village Real Estate Blog Update - October 14 - 15, 2009
This Incline Village real estate agent has had more than his share of sports injuries and bizarre accidents in life, but few experiences weirder than the subluxation of my right femur (and subsequently popping it back into place on my own a week ago).  It seems like the x-ray is ok and things are getting better day by day, but I won't really know for sure until I have to strap on the skis or wrestle with the snowblower.

If there are any orthopedists or physical therapists in the crowd, they know what I've been going through. I still want to ski the other half of the chutes at Mount Rose that I haven't accomplished yet.  And I'd like to have confidence that my femur won't be popping out of place unexpectedly while I'm making a turn in the trees at 50° (I've never been big on that statement "he died doing what he loved", I'd rather live and keep doing it)

As we move deeper into the off-season, the Incline Village MLS brings us one new listing, three price adjustments, one property going into escrow and two properties closing escrow during the past two days.  It's not every day that you can snatch up a three-bedroom condo under $150,000 in Incline Village, but that rare event occurred with the sale of #82 Racquet Club. Yes it's an inside unit and a fixer-upper, but you're not finding properties in this town at $50,000 per bedroom on a regular basis.

Also changing hands to a new owner is the four bedroom, 3.5 bath home in the Lakeview subdivision at 631 Martis Peak. With an asking price of $915,000, a final sale price of $895,000 and on the market just barely over one month, this is a great example of why there is no blanket statements about average percentages off or average days on market in Incline Village. If you have a desirable property in a great location and you price it fairly, there is a reasonable chance that buyers will be showing up at your front door to take a look and maybe write an offer.

Going into escrow is the only bank owned property in Incline Creek Estates. With an asking price of $970,000 which is well below what every other property in the development is priced at, it's no surprise to see this one under contract.

The only big price change and it's a doozy is the $300,000 whack at #4 The Glen. Arguably one of the most luxurious developments of freestanding condos on the north shore of Lake Tahoe, the new asking price of just under $1.3 million must be giving the other owners in the complex a conniption fit. However, you can't blame the seller for wanting to price his property to draw attention and try to bring in an offer.

Rounding out the action on today's Incline Village real estate update is the short sale at 1343 Tirol Dr.  If the asking price of just under $600,000 is acceptable to the lenders, then it looks like a heck of a good deal for this freestanding condo. You've got over 2500 ft.² living space, a two-car attached garge, mountain views, four bedrooms, three baths and two large decks from which to enjoy the scenery.

It looks like a beautiful start to the weekend on Saturday. While I have buyers coming in next week on Tuesday and Wednesday to look at property, this coming weekend is relatively open at the present time. I won't be hiking to the top of Mount Rose this weekend, that's for sure!

Daily Incline Village Real Estate Blog Update - October 13, 2009
As a heavy rainstorm pummels the roof of my house and the dark clouds obscure the nighttime sky it's time to contemplate the activity on the Incline Village real estate market today. We've got one new listing, four price alterations and one property going into escrow for your viewing pleasure.

Getting an accepted offer today is the luxurious and spacious home at 255 Estates Dr which features five bedrooms, five full baths, two half baths, over 6400 ft.² of living space and a putting green (the putting green is outside). Wonderful location in a gated community off of Country Club Drive below Highway 28.  Priced at $3.2 mil.

Our new listing today is a cute little one-bedroom condo in Forest Pines offered at $319,500. Anyone seeking a small condo within walking distance of the beach will want to think about checking out this place.

Getting a $300,000 reality check today is the beautiful Lakeview home at 451 Jill Court. The new asking price of $2,250,000 brings this one closer to the sweet spot. The other big mover on the day is a $250,000 alteration for the Lakeview fixer-upper at 751 Tyner Way. The new asking price of $850,000 makes this property an exceptional value if you have the vision and extra cash to update this very special place. I'm not quite sure why the lower-level bathroom has a toilet, urinal and wall-to-wall carpeting. But I don't design 'em, fix 'em or build 'em, I just sell 'em...

Daily Incline Village Real Estate Blog Update - October 12, 2009
Now that we are moving deeper into the off season and Incline Village real estate matters only consume a few hours a day, I have time to search for a new girlfriend. If my readers would like to introduce me to anyone or if there are any single women in the audience who would like to enjoy a wonderful life at Lake Tahoe, feel free to send me an e-mail.

With a rather unusual storm headed our way bearing the leftover remnants of a typhoon from the Pacific, it's not going to be your typical week up here on the north shore of Lake Tahoe. Fortunately, the Incline Village real estate market eases us into the week with four new listings (most of which are repeats), three price adjustments, one property going into escrow and one property closing escrow.

Changing hands on the tax rolls today is the fixer-upper/tear down in the Lakeview subdivision at 828 Freels Peak.  The final sale price of $900,000 is almost exactly 10% off the latest asking price. This looks to me to be a pretty fair deal all the way around for this four bedroom, three bath, 2700+ Sq. foot home on a nice level of just under 1/2 acre. It's a good example of a realistic seller reducing the price from $1.1 million to just under $1 million in an effort to attract buyers. Getting an accepted offer for the second time is the short sale at 621 Tumbleweed.

Checking out the price reductions on the Incline Village MLS today we have a nice $50,000 redeployment for #6 Village Highlands. The new asking price of $1.1 million is getting closer to where we might see a buyer write an offer on this spacious and well located low elevation condo.  Low elevation shoppers seeking elegance, mountain style charm and a semiprivate beach will want to check out the $200,000 adjustment at 1535 Debra Lane.  This nicely remodeled 4600 ft.² home features four bedrooms, 3.5 baths, extensive use of raw wood and stone and is situated on a level .577 acre lot just a stone's throw from the beach.

Daily Incline Village Real Estate Blog Update - October 9 - 11, 2009
It's a spectacular autumn weekend in Incline Village and the town is moderately full of homeowners and vacationers enjoying the gorgeous weather before the big storm arrives on Tuesday. It's difficult to say where the snow line will be, but I've seen lots of folks bringing their skis to the Village Ski Loft in anticipation of the fluffy white stuff.

During the past 3 days the Incline Village real estate market brought us4 new listings and nine price alterations. One of the new listings is a repeat for the short sale at 621 Tumbleweed and the other is a freestanding condo up high on Divot Ct.  I'm not sure why the property on Tumbleweed came back on the market and who knows if the new asking price of $649,000 will be acceptable to the lenders.  But if it is, it's a very good deal for that property.

Scanning the price reductions on the Incline Village MLS there are four rather exciting ones. Kicking things off is the Super Deal Alert above this column for my listing at #6 Incline Villas. The sellers have lopped another $26,000 off this three-bedroom, three bath, 1584 ft.² condo next to the Champ Golf Course bringing the new asking price down to only $399,000. My clients are very motivated to get this condo into escrow before the end of October and have slashed the price to a 2003 level.  So, for about the same price as a one-bedroom McCloud condo you can get this great 3BR, 3BA property that has a very good vacation rental history. Click Here to See the Virtual Tour

Those of you shopping for a freestanding condo may wish to zoom over and take a look at 972 Fairway View Court, #1. The new asking price of only $799,000 is a fraction of the $1.2 million original offering price when this property first hit the market with a different agent in 2007. This is a really nice freestanding condo and much higher quality than anything else in its price range anywhere in town. The only weakness is that the deck looks over the street. But, hardly anyone drives up the street because it dead ends and there are only a handful of full-time residents. You also get a pretty nice mountain view from the deck, so I think the trade-off is worth it, especially at this fantastic new asking price. This is basically a Country Club Villa and we know those properties sell for a heck of a lot more than 799K.

The monster price reduction in both dollar and percentage terms is the $355,000 adjustment at 564 Ponderosa Ave. This is a spacious seven bedroom home at low elevation with a new asking price of only $995,000. At that price, you could turn it into dorm rooms for the kids who work at the ski area.

Wrapping things up on today's Incline Village real estate update is one of my favorite houses in the Mill Creek subdivision. The beautifully remodeled home on the large level lot at 1089 Oxen is now a sliver under $1.5 million. I can't show you a higher quality home on a nicer lot at this price with this good of a low elevation location. And the owner is one of the more pleasant people to do business with in our community.

Daily Incline Village Real Estate Blog Update - October 8, 2009
It was another gorgeous day on the north shore of Lake Tahoe on Thursday. Before we attack the Incline Village real estate update I must report that it looks like the battle with sciatica is over. It turns out that the cause was not a side effect of the ski accident that I had back in '94. But rather a partially dislocated right hip.

When I was doing some stretching exercises on Wednesday night I felt this excruciating pain for a couple of seconds as my hip joint slid back into place. Both the doctor and physical therapist had commented that my right hip was higher than my left but never pursued that line of reasoning any further. I did some research on the Internet on Thursday morning and it appears that somewhere between 8% and 19% of all sciatica cases have as the root cause some type of hip problem.  So, between the side effects of the hip joint sliding back into place (which include weakness and an intense burning sensation) and what could be the first significant winter storm arriving next week, backpacking season is in serious jeopardy.

Blazing through the Incline Village real estate market we've got one new listing, three price adjustments and one property going into escrow. The new listing doesn't really do anything for me and none of the price reductions are all that exciting today.  Getting an accepted offer is #211 Bitterbrush. I think the listing agent might be on vacation in Europe, so this is one of those rare times where you can leave town and actually be making money. Priced at $499,000, this two bedroom, two bath, 1412 ft.² condo with a loft has a peek of the lake, excellent views of the local ski area and is being offered fully furnished right down to the silverware (I think).

Daily Incline Village Real Estate Blog Update - October 7, 2009
A very quick update on the Incline Village real estate market today. We have just one new listing and one property going into escrow to report.

Our new listing on the MLS today is a repeat at a new lower price for #9 Tahoe Sierra Pines.  The new asking price of $349,000 is much more reasonable than the 400 something that was being asked last year. Budget shoppers looking for a four bedroom, four bath condo at low elevation will want to check out this property before it disappears. This is not a distressed sale, so make your best deal while you can before someone else snaps this one up.

Going into escrow today is the two bedroom, one bath, 1010 square-foot condo at 915 Incline Way. Properties continue to go under contract at a steady pace especially in the lower-priced sector of our market. It looks like beautiful weather this coming weekend and a great time to come up and look at property in Incline Village.

Daily Incline Village Real Estate Blog Update - October 6, 2009
It looks like the autumn weather is finally settling in on the north shore of Lake Tahoe. As a result the pace of activity is starting to slow down and we have three new listings (two of which are repeats) and five price adjustments on the MLS update today.

I'm going to skate past the new listings and move right over to the three big price reductions in the $1 million plus price range. Starting things off is the $141,000 redeployment for #16 Country Club Villas. The new asking price of only $949,000 shows me the seller means business and wants to see an offer pronto. Very good location, slightly different floor plan, you can always change out some of the interior paint if it's not your liking.

The beautiful three bedroom home at 671 - 14th Green got a nice hundred thousand dollar reduction and is now much more palatable at $1,895,000. That's a lot of money per bedroom, the property has a great lot, wonderful setting, elegant architectural and interior features. Wrapping things up on today's Incline Village real estate commentary, we are finally seeing #220 Glen Way crash through the $2 million barricade to the new asking price of $1,995,000. It's nice to see this luxury freestanding condo at low elevation moving in the right direction.

Daily Incline Village Real Estate Blog Update - October 5, 2009
The Incline Village real estate market gets off to a modest start this week with one new listing, five price adjustments and one property going into escrow. Getting an accepted offer today is the little 600 ft.², one bedroom, one bath condo at #42 Pinebrook.

Making its debut on the Incline Village MLS today is the Lakeview home at 839 Jennifer St. Offered at $1,295,000, this is a remodeled five bedroom, 4.5 bath, 3480 ft.² home on the down slope. I'll have to check this one out when it hits the tour and see how it compares with the competition right across the street at 840.

Taking a quick look at the price reductions on the Incline Village real estate update today, the two significant ones are the $40,000 whack for #64 Incline Manor which brings this three bedroom, 1.5 bath condo with a carport down to only $279,000. Upscale shoppers looking for a Lakeview property under $1 million will greatly appreciate the $80,000 redeployment for the remodeled French country style home at 610 Tyner Way. The new asking price of only $895,000 makes this an excellent value if you like the interior of this beautiful single family home in Incline Village in the Lower Tyner subdivision.

I am trying to refine the plans for my backpacking trip and it looks like a departure of somewhere around October 18. So, anyone who would like to look at property or write an offer before that time, we can structure the contingency period so that no deadlines occur during my absence. That way you don't have to worry about something needing my attention while I'm sleeping 10,000 feet up on the side of a mountain.

Daily Incline Village Real Estate Blog Update - October 4, 2009
Not a lot to report on today's Incline Village real estate update as we had just one new listing and one price reduction on the MLS. Garnering the headlines today is the panoramic Lakeview condo at #34 Lakeshore Ter. Priced at $1.4 million, you get a two-car garage to go along with three bedrooms, three full baths and over 1700 ft.² of living space. Situated in a lakefront community, this is a choice location just steps from the pier.

Daily Incline Village Real Estate Blog Update - October 2 - 3, 2009
Just a smattering of activity to report on the Incline Village real estate market. We had a total of two new listings, two price alterations, one property going into escrow and two places closing escrow on the MLS the past two days.

Checking out the new listings scene, the Lakeview home at 840 Jennifer is back on the market with a new agent and a new asking price of just under $1 million. One of the better locations for a higher elevation property with forest service land across the street.  Fairly nice views of Lake Tahoe from this south facing four bedroom, 3.5 bath, 3024 ft.² home.

None of the price changes do anything for me, so let's jump ahead to the properties changing hands. Getting an accepted offer is the four bedroom, four bath, value priced condo in Tahoe Sierra Pines. The asking price of $315,000 for this modest condo is right in line with market conditions for the present time.

Closing escrow on the Incline Village real estate blog today is the beautifully remodeled home at 968 Mica Ct.  The final sale price for this five bedroom, 3363 ft.² home was a bit over $1,562,000.

I am holding off on my backpacking trip for at least a week or two, especially since we are getting another dusting of snow this evening at Tahoe. Thank goodness I'm not planning to go on a trip in Colorado or Wyoming since they could be receiving over 2 feet of snow in those areas this weekend. I like camping in the off-season, but I also like being able to get back to my car.

Daily Incline Village Real Estate Blog Update - October 1, 2009
Another gorgeous autumn day on the North Shore of Lake Tahoe and I was out showing property enjoying the spectacular lake views. Not much to report on the Incline Village real estate market today, just 1 new listing and 6 price changes. And a Happy Birthday to my mom who turned 86 today.

All of the price changes are significant, except the 1k nibble for 803 Jennifer. No favorites today, they are all good properties at decent prices now in their respective categories.
If you want to check out the MLS info for each big mover Click Here

I'll be out hiking up the route to Tamarac Peak near Mt. Rose on Friday morning, so e-mails and phone calls will get returned later in the day. Maybe another dusting of snow this coming weekend????

To See Prior Daily Updates with the Incline Village MLS New Listings Click Here to Read My Real Estate Blog

The daily Incline Village MLS update contains the personal opinion and sarcastic wit of Don Kanare concerning Incline Village real estate for sale and is provided as information for the general public. None of the properties mentioned in the updates are Don's listings unless specifically stated. Every listing and price change that occurs on the Incline Village MLS for properties in Incline Village and Crystal Bay can be found by clicking the appropriate links above. I do not include information for new listings or price changes that may be posted on the Incline Village MLS if those properties are outside of Incline Village or Crystal Bay Nevada, since I focus on a small geographic area and will not comment on properties outside my area of expertise. If you have questions about Incline Village real estate please contact Don.

The information on this site is for anyone looking for Incline Village real estate and information on the Incline Village MLS. On this site you can search all of the available Incline Village MLS properties for sale such as condos, houses, free-standing condos (PUDs), lots and land, multi-family, investment residential and commercial property. Arguably the most desirable community at Lake Tahoe, Incline Village is located on the Nevada side, on the sunny northeast corner of the Lake. When you need assistance with real estate, or help deciphering the information on the MLS, make Don Kanare your real estate agent to help you buy or sell property in Incline Village. With Don as your Incline Village Realtor, his knowledge and expertise will guide you through the intricacies of the Incline Village NV real estate market.