Don Kanare - Realtor / E-Pro - Your Incline Village, NV Real Estate Agent - www.InsideIncline.com
Lakeshore Realty - 954 Lakeshore Blvd. - Incline Village, NV 89451 - 775-831-7000 / 775-831-6777 (fax)

Incline Village MLS Blog - Incline Village Property for Sale and MLS Daily New Listings Updates

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February 15, 2008
It was rather windy and choppy up at Lake Tahoe today and the Incline Village real estate market is pretty much the same way on this chilly Thursday evening.  We've got two new listings, one price reduction and one property going into escrow on the MLS today.

The home for sale that went into escrow is the tastefully remodeled property located at 1079 Flume.  Priced at just a hair under $1 million, this low elevation three bedroom, two bath property in the Mill Creek subdivision is one of the more attractive values within walking distance of Lakeshore.  

Our only price change today is a very necessary $30,000 reduction for the cute little refurbished home at 502 Jensen Circle.  Now priced at $699,000 and with over 1700 ft.² of living space, I anticipate this property will start to get a few closer looks.

Both of the new listings today offer you some type of a Lake view.  The recently remodeled home at 538 Dale Drive is back on the market with a new agent and a new asking price of $1,595,000.  I was in this property several times while the contractor had the place ripped apart doing the major remodel.  Now that the work is finished, I will have to take another spin through to see the end result.  If you like skateboarding, you'll love this driveway!

The other new listing on the Incline Village MLS today is for a remodeled home at 889 Tyner.  With an asking price of $1,279,000, this three bedroom, two bath, 2088 ft.² home comes with a filtered Lake view and a three car attached garage.  Located in the upper nosebleed section of Tyner Way, I'm going to try to preview this property sometime over the weekend.  Let me know if you would like to see more pictures and I'll make sure to bring along the camera.
Incline Village Real Estate MLS New Listings of Homes, Condos and Other Incline Village Property for Sale on February 14, 2008

February 12 - 14, 2008
It's a little bit difficult to decipher the action on the Incline Village real estate scene today.  We have one price reduction for the condo at 41 Northwood Estates and it appears that a free standing condo in Incline Creek Estates went into escrow today.  The confusion stems from the fact that the status change showing a contingent sale appears in both the new listing and status change categories.  For now, I'll give Ryan the benefit of the doubt and assume that his listing in ICE got an accepted offer.  Sorry that I don't have more news for you, maybe everyone is taking a breather to prepare for Valentine's Day. 

We've got 4 aces today greeting us on the Incline Village real estate market.  One in each category across the board so let's get started with the property that closed escrow at 1357 Carinthia.  This is a perfect example of a property selling for exactly fair market value after coming on at an asking price that in my opinion was clearly just testing the waters.  The final sale price of $450,000 which is equal to the final asking price is dead on in my opinion for this tastefully remodeled three bedroom, two bath, 1200 ft.² chalet without a garage.  It's pretty hard to get over $400 per square foot in upper Tyrolian Village if you don't have a garage, even if you do have a nice Mountain View.

The property that went into escrow today is the Super Deal Alert that was given a very high profile here just a few days ago at #49 McCloud.  The offer is under what we call a Reserve Clause, which means that the buyer has to remove the contingency on the sale of their property prior to consummating the purchase of #49.  So, if any of you are still interested in this short sale opportunity, please contact me and we'll see if we can write an offer that is not contingent on the sale of any property.  All cash is preferred for these types of situations if you really want to get the lender to make any kind of a concession.

With only one rather unexciting price change on the Incline Village MLS, that leaves us with one new listing to peruse.  Oddly enough, the new listing is a slightly larger version of the property that closed escrow today.  1390 Tirol Drive comes with an asking price of $679,000 to go along with 1616 ft.², three bedrooms, 2.5 baths and again, no garage.  The chalet has been partially updated and I would love to see some interior pictures so I can give you a better analysis. 

I don't generally recommend that people come up during holiday periods since it tends to be rather crowded, but this Presidents' Day weekend I am making an exception.  It could be some of the most spectacular weather that we experience anytime in the early spring.  With the excellent snowpack to go along with this gorgeous weather, the skiing conditions and the scenery will both be woderful.  If you have the luxury of taking time off during the week, then a journey up on Friday or next Tuesday should still provide you with the same incredible weather and ski conditions.
Incline Village Real Estate MLS New Listings of Homes, Condos and Other Incline Village Property for Sale on February 11, 2008

February 11, 2008
I awoke to blue skies and sunshine up here in Incline Village this morning.  Quite a change from one week ago when it was a raging blizzard outside.  Looking past the remaining giant piles of snow I was able to find one new listing and 4 price changes on the Incline Village real estate market today.

The new listing greets me with both anticipation and trepidation as I am trying to understand the price tag of $1,795,000. The house located at 964 - 4th Green changed hands a little the less than two years ago at $1,550,000.  With three bedrooms, three baths, a four car attached garage and over 200 feet of frontage on the Championship Golf Course this one really piques my interest.  So, I'm curious to see if the buyer got a fabulous deal at that time or if they have done something with the interior.

I don't generally discuss price increases and today is not going to be an exception.  So let's move right along and see what else the MLS has for us. The biggest move of the day is the $235,000 redeployment for the home at 746 Mays Blvd..  Now priced at $1,550,000, this five bedroom, 4.5 bath, 4360 ft.² home with a three-car attached garage situated on a .443 acre lot is now very reasonably priced.  Anyone looking for a spacious low elevation home within walking distance of the Village Shopping Center and Burnt Cedar Beach will want to put this one on their short list.

Last up on the Incline Village real estate news today is another price slashing for the mixed-use property mentioned here just a few days ago.  #3 at 120 Country Club Mall got a $25,000 haircut and is now fetching an asking price of $525,000.  This front-row, mixed-use condo is right on Country Club Drive and directly across the street from the Hyatt Hotel and Casino.  Something tells me the seller is getting seriously motivated having cut the price $75,000 in the past week.
Incline Village Real Estate MLS New Listings of Homes, Condos and Other Incline Village Property for Sale on February 11, 2008

February 9 - 10, 2008   (There was no activity on Sunday, the update below is from Saturday)
We have some wildly diverse offerings for you on today's Incline Village real estate update.  With two new listings, two price reductions, one property closing escrow and prices ranging from $373,000 to over $2 million there is pretty much something for everyone.

The condo that closed escrow today is #21 High Sierra at the very reasonable price of $373,000.  This formerly three bedroom but now two bedroom, 2.5 bath, 1368 ft.² property with a one car garage is located at 861 Southwood Blvd within walking distance of the beach, Raley's shopping center and the Village Shopping Center.  This will likely be one of the few properties under $400,000 with a garage that you'll find if you're shopping for Incline Village real estate.

The price reductions take precedence over the new listings today as we are seeing a couple of big moves for two completely different Lakeview properties.  If you're looking for a contemporary home that is over 4000 ft.² and don't mind dropping in a bundle of cash to update the place, then the spectacular piece of architecture at 898 Tyner Way might be just for you.  I am glad to see the seller has finally priced this property where I felt it should have been a year ago as the new asking price is $1,995,000.  The recent drop of $355,000 shows me the seller is now very serious about wanting to get an offer for this panoramic Lakeview home in Incline Village. 

On a completely different note, down near the water in Crystal Bay located at 485 Gonowabie is a panoramic Lakeview home with a more rustic and mountain feel.  You'll find just under 3200 ft.² of living space that is situated on a .174 acre lot and divided into three bedrooms, 2.5 baths and views everywhere you turn.  Approved plans for a garage, elevator and studio come along with the new asking price of $1,750,000. 

One of our new listings today is a repeat and the other one is a rather intriguing little number at 941 Miners Ridge.  Quite possibly in the nicest setting among all the condos for sale in Incline Village under $500,000, this three-bedroom, 2.5 bath, 1750 ft.² property sits next to a creek and Forest Service land.  This property is being offered furnished at the $499,000 asking price.  With easy access to Country Club Drive and the Mt. Rose Highway, I think this property will get a lot of interest when it hits our weekly MLS tour.
Incline Village Real Estate MLS New Listings of Homes, Condos and Other Incline Village Property for Sale on February 9, 2008

February 8, 2008
It was a rather frenetic day for a Friday in the middle of February for the Incline Village real estate market.  Although three of the four new listings are repeats, we have two price reductions, two properties going into escrow and one transaction closing escrow to contemplate on this beautiful sunny day on the North Shore of Lake Tahoe.

Before we dive into the real estate update I have to tell you that I may have finally found a decent pair of slalom skis after many years of searching.  I was able to squeeze in six runs and 9000 vertical on three different pairs of skis during a brief hour on the slopes this morning.  Weighing only 140 pounds or so, makes it really hard to bend the ski properly unless you're either being incredibly aggressive on very steep pitches, or flying down the mountain at a very high rate of speed while being incredibly aggressive.  The Blizzard Titanium skis I tried on today are unlike anything that I have ever experienced.  And those of you who ski in mogul fields and / or on slopes over 40° know just how important it is to have something very responsive under your feet.  It's probably a good thing that I forgot my helmet today or I might have gotten a little carried away, or been carried away for that matter...

Onto the big news of the day, that would be the Super Deal Alert that you read about above.  I was rather amazed to see the house at 219 Robin sell at the full price asking price of $819,000 and with the listing agent getting both sides of the deal...

The two properties that went into escrow today include the house that I raved about one month ago located at 581 Chico Court.  Priced at only $699,000 this spacious 2538 ft.² home makes up in location and privacy what it lacks in curb appeal.  The new buyer has got themselves a great piece of property in my opinion, and with some interior work this could really be quite a place.  #213 Mountain Shadows received an accepted offer today.  Priced at $419,000 this traditional for the complex three bedroom, 2.5 bath condo in Incline Village has been upgraded to gas heat and a gas fireplace which is a rarity.

The other price reduction today is for #43 Third Creek.  I'm glad to see the seller is moving in the right direction with the new asking price of $725,000.

Our only actual new listing today is for the tastefully updated one bedroom condo at #29 McCloud.  The pictures really do justice to this very nicely furnished 803 square foot unit on the Village Boulevard side of the complex.  Priced at $465,000 this is right in line with recent sales for similarly appointed condos in the McCloud complex.

I'm questioning the integrity of the Incline Village MLS archives when 2 of the 4 new listings today show no history and we all know they are repeats that were on the market for quite some time.  Some agents have been gaming the system by not using the auto-population feature when entering a new listing in the MLS.  I don't know if that is the case this time so I won't make any accusations.   So, here is what you as a buyer or seller need to know.

The auto-pop feature inserts important data such as square footage, assessors parcel number and other critical pieces of information about each property into the listing.  Some agents know that there is a flaw in the way our MLS software functions and by manually overriding the system and not using the auto-pop feature the history for the property will seemingly disappear.  I certainly hope that is not the case with two of today's purported new listings.  I keep track of all the new listings on this web site and I also know various ways to search expired and withdrawn listings to find the old MLS records for any particular property.  

If someone is trying to game the system, they're going to have a pretty hard time putting it past me.  But not every agent is aware of this flaw with how the Incline Village MLS works.  The newer agents can be easily fooled into thinking a home or condo for sale in Incline Village really is a new listing, when the property has been on and off the market several times already.  My broker is the newly elected chairman of our local MLS committee and I will certainly have to bring this and other related incidents to his attention for further investigation.

February 6 - 7, 2008
There is just one tiny bit of news for you on today's real estate commentary for Incline Village.  #33 Coeur-du-Lac was reduced from $649,000 down to $624,900.  This is a three bedroom, two bath, 1200 ft.² condo located one block from the beach.  The property has been refurbished and the interior is actually one of the nicer ones in the complex.  It looks like the seller is getting motivated since they originally came on at $679,000 back in May 2007.  It's getting difficult to find a quality three bedroom condo within walking distance of the beach in this price range, so you low elevation shoppers may want to take a look at this one.  The update from Wednesday is below.

It was a beautiful sunny day in Incline Village and the real estate update brings us three new listings, two price reductions, one property going into escrow and one home closing escrow.  I think the buyer of the property that closed escrow today located at 806 Toni Ct got themselves a very fair deal with the final sale price of $890,000.  This works out to $481 per square foot for this tastefully remodeled home with a partial Lakeview.

The condo at #55 Tahoe Racquet Club with the recently reduced asking price of $349,000 got an accepted offer today.  I had a feeling this property would not be on the market too long after the recent price reduction.  

Checking out the new listings on the Incline Village MLS today, the most intriguing one is for the single family residence located at 678 - 14th Green.  Priced at $1,395,000, this 2500 ft.² home has been tastefully remodeled and has a nice mountain feel.  With three bedrooms, three full baths, a two-car attached garage and a lot that is just under one half acre I anticipate there will be a great deal of interest in this property.

We have two big price reductions on the Incline Village real estate market today.  The beautifully remodeled home at 981 Mica Ct was reduced $300,000 down to the very reasonable price of $2,195,000.  This could very well be the next home in this price range to sell.  It is absolutely gorgeous from top to bottom, super high quality materials were used throughout and it even has a reasonably nice Lake view.

The spectacular home for sale in Incline Village at 469 Fairview Blvd. is now arguably the best value in a Lakeview Lodge style home.  Today's price reduction of $500,000 brings this gorgeous showplace down to $4,495,000.  With just under 8000 ft.² of living space and a panoramic Lake view, this home features five bedrooms, seven full baths, two half baths a three-car attached garage and virtually every interior feature you could possibly imagine.  This home was designed by Doug Eddy and those of you familiar with his work know that he does only the highest quality architecture and construction.  If you are shopping in this price range I would be hard-pressed to show you a better value among all of the properties for sale in Incline Village and Crystal Bay.

The winner of yesterday's price reduction primary is the mixed-use property at 120 Country Club Drive.  I would like to thank everyone who took the time to cast their votes.

Since the only activity on the Incline Village real estate scene on this Super Tuesday is 4 price reductions, I will leave it up to you, the general public to vote on the winning candidate today.  My personal favorite among the price reductions is #3 at 120 Country Club Drive.  Send me an e-mail with a vote for your favorite among the price reductions of the day and I'll tally up the results for tomorrow's column. 

Address:                            Old Price                   New Price

928 Wendy Ln                     $435K                      $420K

120 CC Drive                       $590K                      $550K

172 Tramway Rd                  $649K                      $599K

1043 Tomahawk                   $665K                     $650K

February 2 - 5, 2008
I don't have a lot to offer you for Sunday and Monday on the Incline Village real estate update.  There was no activity on Sunday and Monday brings us one new listing and one property going into escrow.  I would love to tell you something about the new listing, but with only one picture I will have to defer with the details.  Let's just say that the asking price of $675,000 for the house at 420 Winding Way appears rather reasonable on face value.  With three bedrooms, 3.5 baths, a two-car attached garage, a lot just under one half acre and 1691 square feet of living space this low elevation property is on my preview list once there are more pictures of the interior.  The commentary from Saturday is below.

The really big news on the Incline Village real estate market today is that of the three new listings, two of them just happen to be mine.  I am very pleased to point you to the top of this page where you'll find links to the web pages that I built for a great condo at #74 McCloud and beautifully remodeled home at 868 Donna Drive.  There are links to the virtual tours for both properties right at the top of each of their respective web pages.

#74 McCloud is a two bedroom, two bath, 1089 ft.² property located one block from Incline Beach.  Priced at only $575,000, this is the only condo of its type in the complex currently for sale on the Village Boulevard side.  The master bedroom and bath have been freshly painted, there is hard wood flooring in the entryway, and the setting when you walk out the French doors onto the deck is one of the nicest you'll find in the complex.

The home for sale at 868 Donna Drive is a total remodel with high quality finishes from top to bottom.  From the stone tile entry to the hardwood floors, slab granite and stainless steel appliances in the kitchen, gas log fireplace, open beam Cathedral ceilings, remodeled baths, the list goes on and on.  The asking price of $855,000 reflects both the quality of the workmanship and the fact that you also get a two-car attached garage to go with this home situated on over one third of an acre.  Located just one block from Village Blvd. and within walking distance to The Raley's Shopping Center, this is a little gem.

Since the other new listing on the Incline Village MLS was a repeat, we can skip ahead to the property that closed escrow today.  #52 Mountain Shadows which was one of the very rare REOs that we see in Incline Village or Crystal Bay, sold at the eminently reasonable price of $380,000.  This 1360 ft.² unit which had been chopped up into four small bedrooms and 2.5 baths has been tastefully remodeled but did have some flaws.  The deck sits next to the parking lot and you have to go down steps to get to the front door, which can be a bit tricky in the wintertime.  The staircase runs up through the middle of the living room splitting the living and dining areas, which is rather unusual.  I think the buyer got a good deal on the property based on the quality of the remodel and the final sale price.  I would anticipate we will see units of this square footage in Mountain Shadows selling in the $370,000-$450,000 price range depending on the location, view, ease of access and most importantly quality of the interior (i.e. has it been remodeled and how nicely).

Checking out the price reductions among the properties for sale in Incline Village the only one that really catches my eye is the big move of $151,000 for the freestanding condo located at 1314 St. Gallen Ct.  In my opinion the original asking price of $1,299,000 was clearly way too high, but the new price makes this a veritable bargain.  You're not going to find 2800 ft.² with a one car attached garage to go along with spectacular mountain views in a four-bedroom 3.5 bath property anywhere else in town.  With a beautiful kitchen that includes slab granite and tasteful furnishings included in the sale price, the new asking price of $999,000 makes this a great value.  Located Close to the Diamond Peak Ski Area, I can't show you a better value in Upper Tyrolian Village at the present time.

February 1, 2008
The storms cleared over Incline Village and our real estate market today brings us three properties going into escrow, one price reduction and three new listings (two of which are repeats).  Having three properties get accepted offers on a Friday in January is either an anomaly or a sign that buyers are still voting with their dollars that Incline Village real estate is a good investment.  I would like to think the former is the case especially since 89 Mountain Shadows is one of those properties that went into escrow today and my gut feeling tells me the final sale price will not be a giveaway.  My guess is that a sharp investor realized what a great value this is at $449,000, especially when compared to everything else in the complex and the other condos in town in that price range.  

The other properties for sale in Incline Village that got accepted offers are at opposite ends of the spectrum.  The cute little one bedroom in Forest Pines priced at $385,000 and the lakefront condo at 15 Crystal Bay Cove with an asking price of $2,225,000 both went under contract.  Lakefront properties continue to show strength especially if they have covered parking and the truly panoramic lakeview.

The only actual new listing on the Incline Village MLS today is for #143 Third Creek which is a two bedroom, two bath, 1500 plus square-foot unit in a beautiful location backing up to the creek itself.  The asking price of $689,000 reflects the great location on the gated side of this community.   

On Saturday I will have the opportunity to preview the Lakeview home at 571 Dale Drive.  This is the home that I wrote about a few days ago which came on the market at $1,595,000.  I will be shooting pictures of the property and hopefully will get some shots of the Lakeview before the next storm rolls in.  Please contact me via e-mail or phone if you would like to see pictures of the property or get a more detailed description once I get a look at the interior.  

I am working on a prospective new listing that is very close to Lakeshore Drive.  Please send me an e-mail if you would like to learn the inside scoop about this elegant property in Incline Village.  Anticipated asking price is in the $1.6 to $1.7 million range. 
Incline Village Real Estate MLS New Listings of Homes, Condos and Other Incline Village Property for Sale on February 1, 2008

January 29 - 31, 2008
It's another stormy day in the Sierras, but that didn't scare buyers of Incline Village real estate as we had 2 properties go into escrow, 1 price alteration (5K for #41 Northwood Estates, now down to 397K), and 2 new listings, both repeats. Both of the properties for sale that went into escrow were good values.  The often mentioned free standing condo at 1144 Altdorf Terrace got an accepted offer as did the cute house at 919 Michael Ct.  

Those of you who may have tried to reach me today probably got voice mail as I went snow shoeing at the Sky Tavern Ski Area along the Mt. Rose Hwy.  The evening brought a joyous event at the annual Wine and Ski Expo at the Atlantis Hotel in Reno. It was a great event and a wonderful end to a stormy day on the east side of the Sierras.

Wednesday brings us just one new low end condo listing for our Incline Village real estate update.  Since I'm down in Reno for 2 days and the new listing doesn't really get my blood flowing, I'll postpone the link until I return to Incline on Friday.  The powder skiing at Mt. Rose was fabulous today!  With the 2 major lifts closed on Tuesday due to the high winds and stormy conditions, the snowfall and wind filled in all the tracks from Monday's skiers.  It was fresh powder in the trees and in the Chutes.  It felt really good to point 'em downhill at 40 degrees plus and float through the light dry snow which is so unusual for Tahoe.

It was another day of frenetic activity on the Incline Village real estate market with five new listings, five Price alterations and one property closing escrow.  Our sold property today is the magnificent freestanding condo located at 888 Lake Country.  The final sale price of $1,275,000 is right in line with market conditions based upon the 2750 square foot, three bedroom, 3.5 bath floor plan.

The big news concerning the new listings on the Incline Village MLS today can be found above under the Super Deal Alerts.  Jumping ahead to the price reductions the only one that really catches my eye is the big slash down to $1,250,000 for the home located at 507 Lodgepole.  If you are looking for a spacious 3100 plus square foot home near Burnt Cedar Beach with excellent vacation rental potential this one is definitely worth a look.

TWO SUPER DEAL ALERTS - JANUARY 29, 2008 - 4:00 PM

I don't think there has ever been a day when I have put two super deal alerts on this web site for properties on the Incline Village real estate market.  So, I am going out on a limb since I have not seen the interior of either property, but the price points and locations make them look quite special on paper.  First up is a price break under the $300,000 mark for a two-bedroom condo at #37 Woodstock.  Clearly the seller is super motivated and I anticipate this property will be snapped up very quickly.

The Lakeview home which has been partially remodeled at 571 Dale Drive came on the market today just under $1.6 million.  My impression is that there is absolutely nothing on the market at the present time in the way of a Lakeview property that can compete with this home in the Ponderosa / Lower Tyner subdivisions of Incline Village.  
Click here for the MLS information.  The earliest anyone can see this property is February 2nd, so contact me if you're interested as it could very well get sold to a sharp buyer over the Super Bowl Weekend while most folks are glued to their TV sets.

January 28, 2008
We have a full plate of activity on the Incline Village real estate market today.  Our MLS update brings us 2 new listings, three price reductions and one property going into escrow.  I hope all of you will forgive me if I don't respond to your e-mails or phone calls quickly this week.  I have been waiting 11 months for great powder skiing and it has finally arrived.  After the drought like season we had last year, it's a blessing to have all of this fresh snow.  So, thank you for your patience and I will try to respond to all of your inquiries as quickly as possible.

Checking out the new listings today we have a repeat at #55 Tahoe Racquet Club but at a new and much lower price.  Making a big break on the downside for condos in this complex, this unit is now a veritable bargain at only $349,000.  This is the traditional three bedroom, two bath, two-story condo that is split into upper and lower units.  Normally, these properties will bring in gross rents of approximately $1500 or more per month.  It's very difficult for me to show you a property in Incline Village that will give you breakeven cash flow with less than 60% down, but it looks to me like you can get breakeven with only 20% down on this unit.  The seller is extremely motivated and willing to carry some paper.  I normally don't get excited about condos in this complex but this one definitely has piqued my interest.

The other new listing on the Incline Village real estate scene today is #22 Mountain Shadows.  I would like to give you some insight but with only one interior picture and a description that screams fixer upper I am not sure if the $365,000  asking price is reasonable or not.  I think the unit in the Racquet Club pencils out much better if you're looking at the condos for sale in Incline Village at the lower end of the market.

For the high rollers in the audience, we've got two fabulous homes with very substantial price reductions today.  I doubt that I can show you a more uniquely designed and decorated home in Incline Village than the spectacular property located at 711 Birdie Way.  Now priced at $4,995,000, you'll just have to click the link above because words cannot describe this incredible property.  Getting a $200,000 adjustment on the downside today is the beautiful piece of new construction at 1349 Valais Way.  The seller is considered one of the highest quality builders in Incline Village and this five bedroom, five bath, 4523 ft.² home showcases his talents.  Now with a new asking price of $1,900,000, this is worth a look for anyone shopping in the upper Tyrolian Village neighborhood.

January 25 - 27, 2008
There was just a tiny bit of action on the Incline Village real estate market this weekend.  Only 2 price reductions to report and both are necessary if not a bit tardy.  1144 Altdorf is down to the very reasonable price of $770K, arguably one of the best lake view values under $1 mil.  Great potential as a vacation rental, with 5BRs, 2.5 baths and a spacious great room plus 2 large decks.

#15 Creekside which has been beautifully remodeled was reduced 20K to $465,000.  I think the seller is super motivated, so you low elevation 3BR buyers may wish to take a look at this one, if you can live without covered parking.

After a bit of sunshine and some early morning powder skiing it was back to the wintry weather that we've been experiencing lately on the north shore of Lake Tahoe.  If you've been shopping for real estate in Incline Village lately, then your brakes and transmission (especially 1st gear) have been getting quite a workout.  This time of year you can really appreciate why properties at low elevation sell faster and command a premium, while the high elevation homes are far less in demand.

Friday's real estate update for the Incline Village MLS brings us 2 new listings, one price reduction and 2 properties going into escrow.  I'm happy to see that 806 Toni Ct got an accepted offer, it's one of the better values on Upper Tyner at the 995K asking price.  The condo at #16 The Cedars was the other property going into contract.

I can't get excited about either of the new listings, a little condo in Southwood Shadows and in my opinion a free standing condo with a dreamland price in Upper Tyrolian Village on Zurich.  Check out the MLS info at your own risk.

The price reduction today is in the right direction, with 20K being slashed from the condo at 75 Woodstock.  Now under 400K and moving towards a saner price point, this one level 2BR, 2BA condo has the famous "private entry" (i.e. 2 front doors).  You can lock off 1BR and 1BA from the rest of the unit if you're doing vacation rentals or just have those late night arriving guests.

January 24, 2008
I don't have much to offer you with today's Incline Village real estate update as we have just one new listing and one price reduction.  The good news is that even though our new listing is a repeat for the house at 1442 Berne Ct, the price was reduced this time by $305,000.  

Now priced where it should have been the first time around at $1,595,000, this mountaintop property at the absolute highest part of upper Tyrolian Village is for the true recluse among you.  You won't find this type of 360° super panoramic view of the mountains and Lake Tahoe anywhere else.  You would also be hard pressed to find a windier place west of Mt. Washington.  Anyone looking for the totally amazing view and incredible privacy who can handle the price tag and the long drive uphill will want to check this place out.

Low elevation condo shoppers who have been keeping an eye on the Royal Pines and White Pines complexes, will want to take a closer look at #85 RP.  This beautifully remodeled end unit which was totally rebuilt in the 1990s due to a previous fire, has tastefully elegant finishes throughout.  There is even a peek of the Lake to go along with four bedrooms, 3.5 baths, a two-car attached garage plus it's fully furnished at the $598,000 asking price.  The seller is showing that they are seriously motivated because they reduced the price $50,000 in one fell swoop.  I think this property is priced pretty close to fair market value now and anyone who has been waiting for a unit in this location will want to take a look before the Presidents' Day crowds arrive in a few weeks.

January 23, 2008
It was a very chilly and slightly blustery day at Lake Tahoe as we take a look at the real estate offerings from the MLS.  I've got three aces for you today, one new listing, one price reduction and one property closing escrow.  A little condo in Pinebrook is the property that sold today.  This time of year it's a lot easier for buyers to look at condos rather than homes since they don't have to worry about the lay of the land or issues that are the responsibility of the Homeowners Association for the most part.

The big news today is the price reduction of $200,000 for the gorgeous new construction at 558 Dale Drive.  Now priced at $3.2 million this 4400 plus square foot home features four bedrooms, four full baths, two half baths, an elevator, and super high quality materials throughout.  If you love entertaining and don't care about having a level backyard to play in, you may wish to take a look at this gorgeous home.

The Incline Village real estate market brings us one new listing today in The Glen.  Priced at $1,395,000, this 2800 plus square foot freestanding condo features all of the superb architecture and construction that you would expect in a Zahler built home.  Spacious is the keyword as you have three bedrooms, 3.5 baths, a family room and high ceilings a giraffe would love.

January 22, 2008
With nearly 2 feet of light dry powder calling my name this morning, this Incline Village real estate agent decided to skip the weekly MLS tour which was mostly repeat properties.  If anyone is curious about the lakefront condo in Crystal Shores priced at $1.4 million, I will be happy to preview it for you and give you a report.  That was the only property on the tour today that held even a modicum of interest for me.

While the forces of nature continue to spin snow showers into the Lake Tahoe basin, the Incline Village real estate market was in a whirl of its own today.  The MLS brings us one new listing (which was a repeat for the triplex on Lark Court), four price changes (2 up and 2 down), one property going into escrow and 1 transaction closing escrow.  Owners of two bedroom condos in Bitterbrush may or may not be pleased to see that #80 closed escrow today at $462,000.  While this may do some damage to the comps, this was an estate sale which required court approval.

The cute little condo at 680 Titleist Drive went into escrow today.  This three-bedroom, two bath, 1548 ft.² condo without a garage is situated next to a seasonal creek and very close to the Mountain Golf Course.  Priced at $545,000, this is a good example of the little gems that are not within walking distance to the beach but still provide a good value among the properties for sale in Incline Village and Crystal Bay.

The only price change that gets my attention today is the $125,000 adjustment for the raw land at 0 Cottonwood Court.  This woodsy lot of just over one quarter acre is now priced at $475,000, and is centrally located within walking distance of the Village Shopping Center.  I am still trying to figure out the logic for the two price increases for the new construction at 918 and 920 Tyner.  When I get a handle on the situation (which may be never) I'll be sure to report back.

Anyone looking for a home with spectacular mountain views and lots of privacy may wish to contact me about 996 Tyner.  I shot pictures of the entire property which is a rather spectacular four bedroom, 3.5 bath, 3400 plus square foot home next to endless Forest Service land.  If you are shopping in the $1.5 million price range, I understand the seller is extraordinarily motivated.  This home is at the very top of Tyner Way, with a spectacular setting and very appealing architecture.
Incline Village Real Estate MLS New Listings of Homes, Condos and Other Incline Village Property for Sale on January 22, 2008

January 20 - 21, 2008
Just a quick update on the Incline Village real estate market today before I go out for the late night snow removal.  It looks like Tuesday's going to be a powder day, so if you get my voicemail or I don't respond quickly to your e-mails it just means I'm up at Mount Rose making a few turns.

Our only new listing today is for a very tastefully furnished two-bedroom, 2.5 bath, 1588 ft.² condo across the street from the Hyatt at #58 Village at Incline.  Priced at $689,000 and within walking distance to everything, these properties generally do quite well as vacation rentals due to the excellent location and spacious floor plan.

The condo for sale in Incline Village that went into escrow today is #21 High Sierra.  Priced at just a smidgen under $400,000, this two-bedroom, 2.5 bath, 1368 ft.² property has a one car garage and is one of the better values in this price range.  Even though the lower end condos are showing a general lack of activity overall, there are little gems from time to time such as this particular unit that are worth a look.
Incline Village Real Estate MLS New Listings of Homes, Condos and Other Incline Village Property for Sale on January 21, 2008

January 17 - 19, 2008
There was no action on the Incline Village real estate market on Sunday.  The blog entries below will provide you with my commentary on the latest happenings among the homes and condos for sale in Incline Village for the previous couple of days.  I just completed the weekly update with all the latest statistics and our overall market continues to be in a plateau with a slight bias towards the upside for most property categories

After two beautiful flights in the last 24 hours with spectacular views of the High Sierra from Mount Lassen to Yosemite, it's a little difficult to focus on anything other than the scenery.  Fortunately, I did not miss much while I was away since the two new listings from Friday on the Incline Village real estate market are both repeats.   

The only other activity in the past two days that I can report is that the Lakeview home at 789 Ida Ct closed escrow at my target price of $1,250,000.  This is a three bedroom, 2.5 bath, 2164 ft.² remodeled home with panoramic Lake view.  Situated at a relatively high elevation, this is arguably one of the better values in a panoramic Lake view property and the buyer should be thrilled with their new home in Incline Village.

It's time for one of the more seasonal winter updates with just one new listing and one property closing escrow on the Incline Village MLS today.  After the flurry of activity early in the week, it's nice to be able to catch my breath before hopping on a plane down to the Bay Area on Friday.  I personally find the best view of Interstate 80 to be from 20,000 feet rather than behind someone spewing exhaust.

The new listing on the Incline Village real estate market is a spectacular piece of new construction located at 847 Freels Peak.  Priced at $4,300,000 this is one of the more expensive homes without a Lakeview, but it is within walking distance of the beach and the Village Shopping Center.  Featuring five bedrooms, 4.5 baths, 5300 ft.², and designed by Steven Sederquist (one of the better local architects), this is a magnificent home where the pictures tell the story far better than I can.  The link below will take you to the basic MLS information, please contact me if you would like more details.

It's unlikely that I will be doing an update on Friday, so check back on Saturday for the latest commentary on the Incline Village real estate market.
Incline Village Real Estate MLS New Listings of Homes, Condos and Other Incline Village Property for Sale on January 17, 2008

January 16, 2008
Before we take a look at today's Incline Village real estate update I would like to thank the readers of this column for their outpouring of support and all the letters that were sent to the editor of the Bonanza.  In today's newspaper on the editorial page, two of the letters to the editor were published and they gave a very thorough and accurate critique of the Incline Village real estate blog situation.  I greatly appreciate all of your kind thoughts and I will continue to provide you with the best commentary on the Incline Village real estate market on a daily basis.

There must be something in the air this week, because we have five more new listings today in the dead of winter to go along with one property going into escrow and one transaction in Incline Creek Estates closing escrow.  We are seeing some good values come on the market.  But, if you are going out to view the homes and condos for sale in Incline Village this time of year, you have to exercise extreme caution and/or wear your crampons.  

If you are looking to spend less than $1 million today on a property in Incline Village I don't really have anything to offer you among the new listings.  Skipping past the three repeats, we start things off with a beautifully remodeled, end unit, Lakeview condo at #116 Crystal Shores Villas.  Located in one of the premiere lakefront complexes on the North Shore of Tahoe, this 1,168 ft.² condo features two bedrooms, two baths and a panoramic Lake view.  The complex has a Marina for your boat so you can avoid the crowds at Ski Beach and Sand Harbor.  Priced at $1,465,000, my gut feeling is that I would be hard-pressed to show you a better lakefront value at the present time.  

The other new listing on the Incline Village MLS today is for the stunning home built in 2002 at 591 Pinto Court.  Priced at $4,495,000, this five bedroom, 5.5 bath, 4776 ft.² home boasts a panoramic Lakeview.  Situated on a quiet cul-de-sac, the builder spared no expense with high quality finishes for every detail.  It's your choice whether you want to get the exercise on the stairs or take the elevator, but either way this home will provide you with one of the more spectacular settings in Incline Village.

I am very happy for one of the longtime successful local agents who got an accepted offer for their personal residence today.  They have a gorgeous home on Tyner Way and I know that the new buyer will appreciate both the quality of the home and the beautiful setting.
Incline Village Real Estate MLS New Listings of Homes, Condos and Other Incline Village Property for Sale on January 16, 2008

January 15, 2008
I could probably write a term paper analyzing the four new listings, three price changes, 1 property going into escrow, two deals closing escrow plus the Incline Village MLS tour today.  But I like my readers to come back and read this column more than once so I'll just hit you with the highlights and spare you all the gory details.  Over in Incline Creek Estates we had one property close escrow at just under $1,418,000 and another one of these lovely freestanding condos went into escrow today.  The chunk of land at 1 Tirol Dr which has been on and off the market for God knows how many years finally closed escrow at $499,000.  I personally think the Forest Service should have bought this land and retired it from any future development but that now seems an unlikely possibility.

There were a couple of properties on the MLS tour today that generated a bit of excitement.  Everyone loved the quality of the new construction at 970 Mica Ct and the nice Lake and mountain views.  I thought the condo at #343 Burgundy Hill had a beautiful Lake view and is arguably the best value of all of the condos currently for sale in that complex at 349K.

#34 Fairway Pines which is a two bedroom, three bath plus loft with attached garage is a bit high in my opinion at the $585,000 asking price.  The spectacular piece of new construction at 600 Tyner with over 6,300 ft.² of living space and a $4.6 million price tag may have wonderful lake views.  But, over 95% of our buyers don't need that much square footage and 99% of the remaining 5% can't afford the price.  All of the other properties for sale in Incline Village on the MLS tour today were either repeats or properties I have written about in this column recently.

We've got two very significant price reductions today on the Incline Village real estate scene.  The little duplex at 910 Harold Drive slid $70,000 and is now an eminently reasonable $525,000.  The house at 223 Robin Drive had the price whacked $84,000 and is now quite possibly the least expensive single-family home in that part of town at $695,000.

We've got three very intriguing new listings depending on your mood, plus the house that just won't go away at 579 Jackpine.  Now back in its latest iteration priced at $2,399,000 (but with half interests available) this is the most recent incarnation of the former fractional ownership property in the Ponderosa subdivision.  The other new listings on the Incline Village MLS include what could be a super bargain for the house at 659 Tyner Way, 2/10 of an acre of dirt priced at $300,000 at 384 Cottonwood Ct. and a beautifully remodeled condo at #43 White Pines.

The four-bedroom, 3.5 bath, 1752 ft.² condo with a two-car attached garage in White Pines is offered fully furnished and tastefully remodeled.  I think among the low elevation properties in this complex and the others nearby this could be one of the best values at the $639,000 asking price.

And last but not least today is the Lakeview home at 659 Tyner Way featuring three bedrooms, two baths, a two-car garage, 1976 ft.² of living space and an asking price that seems like a great value at only $775,000.  I'm planning to take my camera and shoot pictures tomorrow, so let me know if you're interested and I will e-mail you the link to the web pages that I build.  The photos on the MLS are tiny and they are not thumbnails, not sure who messed up; the agent or the photo server.  I am one of the very few real estate agents in Incline Village who has the technical skills to do their own digital photography and then build web pages.  This makes it easy for you to see the best values, without having to drive or fly here.

I was absolutely stunned to read the article about Incline Village real estate blogs on the front page of the Tahoe Bonanza Sunday and find no mention of this column.  Considering that the other bloggers who were discussed in the article are relative newcomers on the scene, it reminded me once again that the Bonanza cannot necessarily be considered the Fountain of Truth.  

Writing an article about Incline Village real estate blogs and not mentioning Inside Incline is like writing about World War II and leaving out Pearl Harbor.  I would put a link to the article on this web site, but I don't want to help my competitors in the search engines.   

I would greatly appreciate it if the readers of this column would e-mail the editor of the Bonanza and let them know about their egregious oversight.  I have worked very hard on this column every day for over 1 1/2 years and have been doing weekly market updates with statistics since 2004.  To be overlooked on the front page of the local newspaper and see credit given to people who have copied my innovative ideas is really disconcerting.  

While the other bloggers republish canned articles, talk about their shopping trips or make an attempt to copy my style, I am busy analyzing and describing the new listings and price changes everyday to keep you updated on the Incline Village real estate market.

January 14, 2008
If I did not have 3 feet of snow on the deck and the furnace going full blast I would think it was mid-summer with the bright sunshine to go along with 4 new listings and 7 price reductions today on the Incline Village real estate scene.  I have yet to figure out the logic of people doing price reductions or putting listings on the MLS on Monday, it's kind of like the herd mentality.  

Your price reduction or listing is almost guaranteed to get lost in the shuffle unless a real estate agent like myself takes the time to point it out to the general public.  That is why I generally put my listings on first thing Tuesday morning, if possible.  I can announce them right away at the MLS meeting and everyone goes back to the office after the tour and pulls it up on their computer.  It's just one more way that I help my sellers promote their properties in Incline Village, by getting out the word to all the agents as quickly as possible.

Leading off the news today is the slightly more than $150,000 price reduction for the home at 864 Lakeshore.  I am actually surprised this property is still on the market as I consider it to be in one of the nicer locations and settings at low elevation.  This 4,315 ft.² home features four bedrooms, three baths, a filtered Lake view and more than enough parking for all your friends.  Tastefully updated in 1997, you even have guest quarters with a separate entrance.  The new asking price of just under $2.5 million makes this one worth a look for anyone seeking a home on Lakeshore Drive in Incline Village.

882 Rosewood Cir. received a $70,000 reduction today and is now priced at $1,450,000.  One of the finer examples of new construction in the Incline Creek Estates development, I believe this is the first resale unit in the complex.  Also getting a nod is the $36,000 adjustment on the downside for #38 L'Ermitage.  Priced competitively with a two-bedroom McCloud condo, but with 450 more square feet and an extra half bath, this property is now on my radar screen at the new asking price of $595,000.

The eyecatcher of the day among the new listings on the Incline Village MLS is 996 Tyner Way.  Priced at $1,550,000 and built in 2006, this four bedroom, 3.5 bath, 3400 plus square foot home is situated next to Forest Service land and has nice mountain views.  I'm planning to take a run up to this property later in the week to take more pictures since I have a feeling it's pretty special on the inside.  Send me an e-mail if you would like to know more about this property.

675 Tyner gets an honorable mention coming back on the market with a new roof, new carpet and some other upgrades to go along with the always very nice Lake view at the new asking price of $1,150,00
Incline Village Real Estate MLS New Listings of Homes, Condos and Other Incline Village Property for Sale on January 14, 2008

January 12 - 13, 2008
This beautiful sunny Sunday brings us only one event on the Incline Village MLS.  The cute chalet at 1357 Carinthia that was mentioned here recently as a great value, after the most recent price reduction brought it down to $450,000, went into escrow today.  What makes this somewhat unusual is that the property is located in Upper Tyrolian Village which is arguably one of the snowiest parts of our whole community.  Even with the snow drifts several feet high from the recent storms, sharp buyers can still spot the best values in Incline Village and Crystal Bay.

The only action on the Incline Village real estate update for Saturday is the new listing at 245 McCloud.  With no interior pictures I can't comment on the asking price of $574K.  All I can tell you is that my new listing on the Village Blvd. side of the complex is in a much better location at basically the same price.  Here's the link to 74 McCloud, the master bedroom and bath are going to be repainted so the old wall paper will no longer require you to wear your sunglasses indoors.

January 11, 2008
I don't have a lot of news for you today on the Incline Village MLS update as the only action was 2 price adjustments and one of those was an increase for a recent decrease.  The Lakeview home at 568 Dale Drive was reduced $25,000 today and is now priced at $1,325,000.  Built in 1992, this property features five bedrooms, four bathrooms and over 3400 ft.² of living space on a .41 acre lot.

For the skiers and snowboarders in the audience, I was up at Mount Rose today and found the conditions completely different from earlier in the week.  The powder is gone, groomed runs are perfect for you high-speed downhill and giant slalom types and off trail it's pretty much travel at your own peril.  It looks like the weather will be warming up once we get past Saturday, and there is a very good possibility we will be doing spring skiing next week.

January 10, 2008
With a dusting of fresh snow on the streets and the sun making a late afternoon attempt to poke through the clouds I was out showing real estate in Incline Village once again today.  With four clients coming into town over the weekend the pace of activity for this agent is still nothing short of frenetic.  I'm going to take Friday morning off and do some skiing up at Mount Rose before the temperatures get above freezing and the snow starts to set up.  The Chutes are finally open and I'm not sure if the rocks are really covered; guess that's why I wear a helmet.

The Incline Village MLS brings us three new listings and 2 price reductions covering every range of the spectrum today.  Whether you want high end new construction, a Lakeview condo or a little fixer upper we've got them all for you today.  At the top of the news is the beautiful new construction at 996 Wedge Ct with an asking price of $3,750,000.  Slated to be completed in 2008, this 6185 ft.² home on a large level lot features five bedrooms, five full baths, two half baths, a three car attached garage and the latest in wireless technology.  The builder is using the finest materials throughout including hand scraped hardwood floors and beautiful open trusses to enhance the mountain feel.

At the opposite extreme of the Incline Village real estate market we have a fixer upper two bedroom, 1.5 bath, just under 1000 ft.² condo in Incline Manor priced at $315,000.  I would love to tell you more about this property since the listing agent is one of my favorite people, but with only one exterior picture I will just have to defer for the moment.

Both of the price reductions today are for widely differing condos for sale in Incline Village.  Those of you on a budget may wish to take a close look at #41 Northwood Estates.  Now reduced to $402,000, this three-bedroom, 2.5 bath, 1700+ square foot condo is located on Northwood Blvd. close to everything.  If a Lakeview is more your style, the seller of #198 Bitterbrush is showing some motivation with the $66,000 price reduction that was made today.  This is one of the nicer condos in the complex and it has a very good vacation rental history.  At this price it is definitely worth a closer look.
Incline Village Real Estate MLS New Listings of Homes, Condos and Other Incline Village Property for Sale on January 10, 2008

January 9, 2008
The Incline Village MLS brings us 2 new listings (both of which are repeats) and three price reductions on this chilly Wednesday.  The headline today is the $451,000 price reduction for the gorgeous new construction at 732 Lakeshore.  Now priced at $5,499,000, this stunning 6516 ft.² home features five bedrooms, five full baths, two half baths, an elevator, hand hewn beams and high-quality materials throughout.  Stone fireplaces, radiant in-floor heat, a kitchen that is bigger than some apartments in San Francisco and a location on Lakeshore Drive within walking distance to Burnt Cedar Beach.

Dropping $100,000 today, which is an enormous percentage of the asking price, is the house located at 172 Tramway.  Built in 1964, the property is being offered at roughly lot value so it really is worth about $4.8 million less than the place on Lakeshore described above.  Priced at $649,000, this is by far the least expensive property currently for sale in the Mill Creek subdivision.
Incline Village Real Estate MLS New Listings of Homes, Condos and Other Incline Village Property for Sale on January 9, 2008

January 4 - 8, 2008
Just one new listing today on the Incline Village MLS and it's a repeat at #44 Forest Pines.  I had a super busy day lining up appointments to show property on Wednesday, writing a listing agreement, preparing for two listing presentations this coming weekend and all the other real estate agent detail work.  Enjoy the updates from the past few days below.

I took the morning off from my duties as an Incline Village real estate agent and did some powder skiing up at Mount Rose.  With over 5 feet of new snow up at the resort and very few people (since the crowds were there yesterday), I was still able to make fresh tracks in the trees.  Anyone who wants to come tree skiing with me is welcome, just make sure you bring your helmet and your health insurance ID card.

With both of the new listings on the Incline Village MLS being repeats today, the only real news I have for you is the $200,000 price reduction for the estate type property at 617 Lariat Circle.  Now priced at $2,100,000, this property features a main house and a guest house for a total of five bedrooms, 5.5 baths, 4400 ft.², situated on 1.37 acres of land adjacent to Forest Service for extra privacy.  You can invite the whole family and then tell the ones you don't really want to hang out with to stay in the guest house.  The update from the weekend is below.

The only action on the Incline Village real estate market on this blizzard weekend was arguably the smallest price reduction I have ever seen on a percentage basis since I earned my real estate license.  The $4000 price reduction for the $1,495,000 home for sale at 574 Chico Court works out to .00267558% (that's just slightly more than one quarter of 1%, I don't normally have to carry out my decimals seven places).  It's a beautiful piece of new construction but for the same price you can buy my listing with great lakeviews at 1049 Apollo and have almost twice as much square footage.  Plus you get a lot that is five times larger (.90 acre vs .19 acre) Forest Service land adjacent for privacy, and much easier access to the Mt. Rose Highway.  The sunset picture at the top of this page is just one great example of the beautiful views.

Forgive my tardiness for doing Friday's Incline Village real estate update on Saturday morning, it's been quite the major blizzard up here at Lake Tahoe.  Nearly 2 feet of snow has fallen at my house and as much as 4 feet at the various ski resorts.  With more storms on the way, I don't think I'll be showing property anytime in the next few days.

The Incline Village MLS brings us one new listing, one price reduction and one property going into escrow on Friday.  #52 Mountain Shadows which was featured here last week at the bargain price of only $389,000, got an accepted offer.  The new listing over in Crystal Bay does not excite me so let's skate on over to the price reduction for one of my favorite freestanding condos in Upper Tyrolian Village.  With the new asking price of only $649,000 this beautifully remodeled three bedroom, two bath, 1568 ft.² chalets has gorgeous mountain views and a very private setting.  Lots of parking nearby and a level entry make this a gem at 1208 Styria worth looking at.
Incline Village Real Estate MLS New Listings of Homes, Condos and Other Incline Village Property for Sale on January 4, 2008.

January 3, 2008
The big news of the day is the price reduction above for the property at 1015 Apollo.  But, before we get to the regular real estate market update, this is the time of year when agents play musical chairs and move from one office to another.  Sometimes it's a well-planned decision to reposition yourself in the market and other times it is a futile attempt to resurrect a sinking career.  

Today's event brings us the former, with the partners at Davisson / O'Donnell  closing their office on Southwood Blvd. and joining the Intero team.  I would like to offer my best wishes for their continued long-term success in the Incline Village real estate market to Val and Janet, they are the consummate professionals and I enjoy working with them greatly.

Moving deeper into what the Incline Village MLS offers us there are two new listings, two price reductions and three transactions closing escrow today.

#101 Bitterbrush sold at the eminently reasonable price of $495,000, the asking price was $499,000.  The fixer upper at #22 Woodmere also closed escrow at the full bargain asking price of $595,000.  And the expansive lakefront estate at 1029 Lakeshore sold for an undisclosed sum.  The asking price was $32 million and I think that our MLS will require the final sale price to be reported sooner or later.  Congrats to the agents on both sides of that one, I think you can treat us all to breakfast at the MLS tour next Tuesday. 

Checking out the new listings today we've got one repeat and one very tantalizing Lakeview property at #211 Bitterbrush.  This is a relatively spacious two-bedroom, 2.5 bath, 1412 ft.² condo with a two-car attached garage and it comes fully furnished and turnkey making it the ideal vacation home.  Located close to the Diamond Peak Ski Area and featuring beautiful views of the mountains and filtered Lake views, the asking price of $660,000 puts this one on my radar screen.
Incline Village Real Estate MLS New Listings of Homes, Condos and Other Incline Village Property for Sale on January 3, 2008

January 2, 2008
It was a rather unusual day for the Incline Village real estate market.  While other agents were reentering their expired listings in the MLS (when they should've been convincing their sellers to do price reductions in my opinion), I was out showing property, writing an offer, dealing with the details of a transaction in escrow and trying to figure out how to schedule appointments for this weekend with a blizzard supposedly on the way.  Those of you who are thinking of coming up for skiing I highly recommend that you wait until we get another storm, I spent the day on the slopes at Homewood yesterday and wasn't sure if I saw more snow or rocks and shrubs.

After sifting through all of the repeat listings, the Incline Village MLS brings us 2 new actual properties for sale on this gorgeous Wednesday.  I'd love to tell you more about the mixed-use property at #21 Country Club Mall, but the minimal description and lack of interior pictures prevent me from giving you a further analysis.  The new listing at 1390 Tirol Drive may be worth a look, for you lovers of Upper Tyrolian Village.  This property features nice mountain views and is a little larger than your average chalet at 1616 ft.².  With three bedrooms, 2.5 baths and built in 1983, I'm hoping that the $679,000 asking price reflects the quality of this property.

Those of you shopping around among the homes and condos for sale in Incline Village have a great opportunity during the next two months and three weeks to negotiate your best terms.  Once we get past late March, the psychological calendar of sellers in Incline Village and Crystal Bay will change.  I am looking at taking on a full-time assistant since my business has grown so dramatically in the past year.  While other agents are cutting back on their marketing and business expenses I've got my foot on the accelerator.
Incline Village Real Estate MLS New Listings of Homes, Condos and Other Incline Village Property for Sale on January 2, 2008

December 28 - 31, 2007
The only other activity on the Incline Village real estate market over the weekend was the very minimal $6,000 price reduction for the two-story, two bedroom, 2.5 bath condo at #49 McCloud.  The new asking price of $679,000 still appears a bit high to me especially when you consider that my clients bought #48 with a similar floor plan (and only 100 ft.² smaller) a couple of months ago for $610,000.  At least we are moving in the right direction, the original asking price for this property was $749,000 earlier in the year.  The update from a Friday is below.

I am very pleased to report that my buyers got their offer accepted for the very nice home located at 657 Tyner Way.  We opened escrow today and this makes me quite happy that for the 10th time in 2007 I am representing a buyer for a property in Incline Village (and that's not counting all the offers I wrote that did not go through).  

This puts me at the top of the heap for buyer representation in 2007 among all the real estate agents in Incline Village.  One agent did nine transactions on the buy side, two agents did seven and the rest of the pack was much further behind.  To put things in perspective, there are approximately 350 real estate agents who practice in the Incline Village / Crystal Bay market and we had about 270 transactions this year.  35 agents represented three or more buyers, that means over 300 agents did either 0, 1, or 2 transactions on the buy side in the past 12 months.  

As the snow flurries and skiers make their way into the Lake Tahoe basin for the busiest weekend of the winter, we've got two new listings, one property going into escrow and one transaction closing escrow on today's Incline Village real estate update.  What could arguably be the shortest escrow of the year for the new construction at 54 Somers Loop closed today at $1,875,000.  In only 2 1/2 days this property went from accepted offer to deal completed.  My compliments to the agents involved and their assistants for pulling it all together so quickly

The two new listings on the Incline Village MLS include a repeat at a new lower price (and with a different agent) for the home at 648 - 14th Green and an interesting little number at 818 McCoury.  I am pleased to see the new asking price for the house on 14th Green (it was reduced $100,000)  and it is now a much more reasonable $1,895,000.  I can't really comment on the other new listing since there are only three pictures of the exterior and the agent's comments make me feel like it's a coin toss between a fixer upper and a tear down.
Incline Village Real Estate MLS New Listings of Homes, Condos and Other Incline Village Property for Sale on December 28, 2007

December 26 - 27, 2007
The only news today on the Incline Village real estate update is the one transaction that closed escrow for the little tear down at 178 Tramway Rd.  At only $570,000, this is likely the lowest price property we will see in the Mill Creek subdivision for quite some time, if ever.  The location right next to Highway 28 makes noise reduction a challenge.  But, I am sure the buyer factored that into account as the final sale price reflects.  The update from Wednesday is below. 

While the masses were at the shopping malls looking for the great bargains, I was focused on my duties as an Incline Village real estate agent on this chilly Monday.  With one new listing which is a repeat, one price reduction, two properties going into escrow and one property closing escrow we've got a little something for everyone across the board today.

The Super Deal Alert featured here a few weeks ago for #223 McCloud closed escrow today at just $2000 under the asking price.  This one bedroom, one bath condo (with the rarely seen in this complex attached garage) sold for $387,000.

Both of the properties that went into escrow today are in the $2 million price range.  The new construction at 916 Tyner and the stunning new home at 54 Somers in Crystal Bay got accepted offers today.  The Incline Village real estate market continues to show excellent strength in the $2 million to $3 million price range.

Dropping $80,000 today, the beautifully remodeled six bedroom home at 593 North Dyer Circle is now priced at an eminently reasonable $1,495,000.  Those of you shopping for a larger property that will work well as a vacation rental may wish to take a gander at this one now that the price is under $1.5 million.  Located in a very quiet neighborhood on a large level lot with easy access to the Mt. Rose Highway this place has room for the whole family and then some.
Incline Village Real Estate MLS New Listings of Homes, Condos and Other Incline Village Property for Sale on December 26, 2007

December 22 - 25, 2007
Just 1 price reduction for #232 Mountain Shadows and 2 low end condos closing escrow is all the news I have for you on the Incline Village real estate update for Christmas Eve.  I'm actually going to enjoy the day off on Tuesday and get some R&R in anticipation of my buyer clients who are arriving in Incline later this week.  Best wishes to everyone for a very Merry Christmas and a healthy and Happy New Year.     

There was no action on the Incline Village real estate market on Sunday.  With the Christmas holiday approaching about the only activity I know of is the counter offer that I received for a transaction where I am representing the buyer.  We might see one or two properties close escrow on Monday, but this is generally a rather quiet week for real estate sales in Incline Village.

With the holiday crowds starting to roll into Incline Village and the cold temperatures still keeping snow and ice on all of the secondary roads, it looks like the flat landers will be playing bumper cars during Christmas.  Even with four-wheel drive and the special Michelin ice tires, I have still found it a bit slippery around town the past few days.  It's a good thing I grew up in New England and learned to drive in these conditions as a teenager otherwise I'd probably be making regular calls to my agent at AAA and the body shop.

The Incline Village real estate update brings us two new listings (one of which is a high-end repeat at over $11 million for the house at 456 Ponderosa) and three price alterations on Saturday.  The actual new listing is a little gem that I am going to preview on Sunday and take some more pictures of.  The home for sale at 968 Little Burro Ct features three bedrooms, two baths, a relatively nice lake view, one car attached garage and 1,450 ft.² of living space.  Located adjacent to Forest Service land on a quiet cul-de-sac, this is high on my priority list with an asking price of $824,900.  The MLS information incorrectly shows 0 acres for the land, so I spoke with the listing agent and he will be getting me the exact figure.  Evidently the tax records did not have any acreage listed, so the Incline Village MLS did not pull through any information for the lot size when the listing was uploaded.

Taking a look at the three price adjustments today, only one really catches my eye.  The very nicely remodeled chalet at 1354 Zürich Lane was reduced to $499,000.  Originally priced at $627,000 when it first came on the market a while back, this two bedroom, two bath, 1,192 ft.² freestanding condo is now one of the best values in Upper Tyrolian Village.  With nice mountain views, a virtually level entrance and attractive landscaping, this property in Incline Village is worth a look for anyone shopping in the $500,000 price range.   
Incline Village Real Estate MLS New Listings of Homes, Condos and Other Incline Village Property for Sale on December 22, 2007

December 21, 2007
I took a little break from my duties as an Incline Village real estate agent this morning and went skiing for a couple of hours at Mount Rose.  The snow quality was very good for this early in the season, at least on those runs that were open.  On the main side almost all of the major runs were in reasonably good shape except for Waterfall, Sunset, Aida's, Jetta and other places that have large boulders that still need to get some coverage.  On the Slide Mountain side only a handful of runs were open, as that side of the mountain generally needs a deeper snow pack to be skiable.  I recommend that you do not come up and ski during the next two weeks as everyone is on vacation and all of the resorts will be ridiculously over crowded.  Wait until January 7 and you will have the place to yourself.

The Incline Village MLS brings us three price changes and three properties closing escrow today.  One of my recent favorites, the home for sale at 605 Village Blvd. closed escrow at $850,000.  This centrally located property in Incline Village was priced at $879,000 and got a lot of showing activity.  I think the buyer will be very pleased with their new home as it has a great floor plan and easy access to everywhere in town.

The tear down at 712 James Lane received a $105,000 price reduction today and is now pretty close to lot value at $1,095,000.  This could be the lowest priced single-family home for sale in the Lakeview subdivision at the new price.  In the holiday spirit of giving, the lot for sale at 517 Spencer Way dropped $145,000 and is now a very reasonable $650,000 for nearly three quarters of an acre.

I have several buyers coming into town during the next two weeks and I am also working on a couple of new listings.  With ski season now ramping up, I am hoping to enjoy a better balance of work and recreation the next few months.  My big off-season projects will involve revising the marketing plan for 2008, doing some software upgrades and attempting to get the new version of this web site up and running.  (I'm switching from FrontPage to Dreamweaver and redesigning the entire site.  Don't worry, the content will remain the same and I will continue to do the daily updates).  While most other agents are looking for something to occupy their time in the off-season, I use these months to recharge my batteries while simultaneously laying the foundation for the coming year.
Incline Village Real Estate MLS New Listings of Homes, Condos and Other Incline Village Property for Sale on December 19, 2007

December 19 - 20, 2007
I am a little bit fatigued from all of the snow removal chores today so having just one price reduction  and one property closing escrow on the Incline Village real estate market,suits my limitations just about right.  Buyers looking at the homes for sale in Incline Village in the $1 million price range will want to take out the magnifying glass for our price reduction today.  972 Pyrite Ct. was reduced over $50,000 and is now a very reasonable $1,095,000.  With three bedrooms, two baths, 2200 ft.² of living space, a short and nearly level South facing driveway plus some beautiful mountain views this one is definitely on my radar screen.  The update from yesterday is below. 

It's one of those days when I am very glad that my occupation as an Incline Village real estate agent allows me to work at home most of the time.  It looks like we are going to get a very big snow storm coming in on Thursday, and the last thing I want to do is drive to the Lakeshore Realty office in a white out.  My house has a very nice wood stove that heats the entire place.  All of those dead trees that I cut down on my property as part of fire prevention are now making excellent fuel.  The stove burns so hot and efficiently that you don't even see any smoke coming out of the chimney, it's pretty amazing!  Now if I could just get a couple of solar panels on the roof and a little marine windmill maybe I could get off the grid...

With two new listings (both of which are repeats), two price reductions and one property going into escrow on the Incline Village MLS, I only have 2 good tidbits to offer you today.  

The big news of the day is the $75,000 price reduction for the mixed-use condo in Country Club Mall.  #3 at 120 Country Club Drive was slashed from $675,000 all the way down to $600,000.  This is a front row unit directly across the street from the Hyatt Hotel and Casino, making it one of the best locations in the complex.  Upstairs you have a remodeled two bedroom, two bath residential unit and the downstairs is around 1000 ft.² of commercial space.  I think as a long-term investment the new asking price makes this a good opportunity.

The home for sale at 553 Silvertip has a new listing agent and a new price of $1,890,000, which is $360K below the original asking price in June 2006 when this first hit the MLS.  This panoramic Lake view home is nearly 4800 ft.² and features a remodeled kitchen to go along with five bedrooms, 4.5 baths, a two-car attached garage and enough room to sleep more than the whole family.  If you have been looking for a low elevation Lakeview home in Incline Village in the $2 million price range, I would run up here and check this place out before the holiday crowds arrive.
Incline Village Real Estate MLS New Listings of Homes, Condos and Other Incline Village Property for Sale on December 19, 2007

December 18, 2007
A good size winter storm blew in today along with two new listings and one property closing escrow on the Incline Village MLS.  We can skip the repeat up on Douglas Court and move straight ahead to the unique property located at 500 Gonowabie.  Priced at $5,700,000, this six bedroom, four bath, 3,490 square foot lakefront home in Crystal Bay could be the most expensive property for sale in our market without a garage.  My guess is you just rappel down to the property or use your toboggan in the wintertime.  The MLS information says this home has been remodeled, but with only two interior pictures I can't really give you an opinion.  I am intrigued by the location and panoramic lake view, so when the roads are cleared I'll venture out to take a gander with my ice ax, crampons and health insurance ID card.

The home for sale in Incline Village at 765 Lakeshore which was featured here as a Super Deal Alert last month closed escrow at the full asking price of $1,595,000.  This property was on the market for about one week prior to getting a full price offer.  I have a couple of clients who were unable to make it up in time to look at this property and I will have a hard time finding them a duplicate.  My compliments to the new owner, you've got yourself a super location and a home with great upside potential.  

That gorgeous sunset you see on the upper left part of the home page is the view from a my new listing at 1049 Apollo Way.  This piece of Incline Village real estate received a lot of positive comments from the agents on today's MLS tour. I highly recommend that you click here to see the web pages that I built or if you prefer go straight to the Virtual Tour.  This is arguably the best value in a Lakeview home among all the properties for sale in Incline Village and Crystal Bay in the $1.5 million price range.
Incline Village Real Estate MLS New Listings of Homes, Condos and Other Incline Village Property for Sale on December 18, 2007

December 17, 2007
Although we have two new listings, three price reductions and three properties closing escrow today on the Incline Village real estate update, the big news is my new listing at 1049 Apollo Way.  That gorgeous sunset you see on the upper left part of the home page was taken at the house in October.  I highly recommend that you click here to see the web pages that I built or if you prefer go straight to the Virtual Tour.  This is arguably the best value in a Lakeview home among all the properties for sale in Incline Village and Crystal Bay in the $1.5 million price range.

The other new listing today is a very nicely remodeled three bedroom, 2.5 bath, 1360 ft.² condo at #53 Mountain Shadows.  Priced at $559,500 this is an end unit with gas heat and a permitted fireplace.

I'm not bowled over by any of the price reductions today, so I will give you a quick rundown on the properties that closed escrow.  787 Freels Peak which is a very tastefully remodeled three bedroom, 2.5 bath, 2,786 ft.² freestanding condo near the Village Shopping Center closed escrow at the very fair price of $1,113,500.  It's getting extremely difficult to find a quality property in the Lakeview subdivision under $1.2 million and this one is a good value.  The fixer upper home for sale at 570 Silvertip sold at $835,000.  The buyer has a little bit of work ahead of them, but they have got a great location at low elevation.  

Last on the menu today, the cute little freestanding condo at 700 College Dr. #5 sold for $315,000.  When this originally came on the market approximately 18 months ago I figured it would sell for a little bit over 300K, but the asking price which was over 400K at the time gave me shudders.  It's nice to see that a reasonable offer hit the table and the seller accepted it.
Incline Village Real Estate MLS New Listings of Homes, Condos and Other Incline Village Property for Sale on December 17, 2007

December 14 - 16, 2007
Just 2 price reductions to challenge your cerebrum on the Incline Village real estate update on Sunday.  Since I'm not too excited about the price reduction for the condo at #96 Racquet Club I'll focus my attention on the $99,000 downward adjustment for the beautiful home located at 815 Freels Peak.  This four bedroom, 3.5 bath, 3,755 square foot home is one of my favorite properties in the Lakeview subdivision and the new price of $1,899,000 makes it a best buy. If you have been looking at the low elevation homes in Incline Village, I recommend that you contact me and make an appointment to see this one.  I would be hard-pressed to show you a better value under $2 million in the Lakeview subdivision.

There was no action on the Incline Village MLS on this sunny Saturday at Lake Tahoe.  However, I did present an offer for one of my buyers, shot pictures for my new listing that you can read about tomorrow and did a lot of other marketing work.  While other agents are complaining about the slow pace and their lack of business, I'm wondering how soon I can hire a good assistant to shoulder some of the load.  Enjoy the Incline Village real estate update below from Friday.

The Incline Village real estate update brings us one nice price reduction and two new listings today.  Now that the beautifully remodeled property at #21 Village Highlands has been reduced under $1.5 million I think the place will draw a lot of interest.  No expense has been spared and no detail overlooked in this gorgeous three bedroom, 3.5 bath, 2,354 ft.² condo with a two-car attached garage and a peek of the Lake.  Before the big snowstorm hits on Tuesday give me a call if you would like to come up and take a look at this property.

Our two new listings today include one repeat and a stunningly remodeled condo at #6 Woodminster.  This one bedroom plus loft, two bath, 1054 ft.² condo is located right next to Third Creek and comes with a one car garage.  I think the Woodminster complex near the intersection of Country Club Drive and Village Blvd. in Incline Village has some condos in very beautiful spots and this could be one of them.
Incline Village Real Estate MLS New Listings of Homes, Condos and Other Incline Village Property for Sale on December 14, 2007

December 13, 2007
Like a dripping faucet that just trickles slowly, we've got one new listing, one price reduction and one property closing escrow on the Incline Village real estate scene on this sunny Thursday.  Once again showing strength in the high end, the condo for sale at #23 Crystal Bay Cove sold for $3,500,000.  This stunningly remodeled four-bedroom panoramic Lake view condo features 3300 ft.² of living space, three glass enclosed decks and the most incredible views of Lake Tahoe you can imagine.

Our new listing today on the Incline Village MLS is a tastefully remodeled chalet at 1357 Valais.  With three bedrooms, two bathrooms, 1,352 ft.² and being sold turnkey furnished, those of you looking for a place near the Diamond Peak Ski Area will want to check this out.  The location is relatively quiet and private plus you get fabulous mountain views.

I don't often get excited about properties in Mountain Shadows but today I'll make an exception.  #114 which is in one of the best and most private locations in the complex dropped about 25K and is now $424,900.  Offered fully furnished and in a woodsy setting with a deck that lets you take just a couple of steps down into the open space area, I recommend that all of you Mountain Shadows shoppers take a gander at this one.
Incline Village Real Estate MLS New Listings of Homes, Condos and Other Incline Village Property for Sale on December 13, 2007

December 11 - 12, 2007
It's that time of year when the daily Incline Village real estate update gets shorter and shorter as the activity gets less and less.  I was busy showing property today, working on a new listing agreement and participating in the Lakeshore Realty First Annual Holiday Hayride.  The only action on the Incline Village MLS today was one price reduction for a condo in Pinebrook.  Since my level of excitement is nil, you may want to check out the update from yesterday which contains some seriously good news.

December 11, 2007
Although there are some great values on the Incline Village real estate market this time of year make sure you've got your health insurance fully paid up.  With the daytime temperatures hovering around the freezing mark and the snow and ice not melting from the snow storms we received over the weekend, those of you without crampons and an ice ax will find yourselves shuffling extremely carefully in and out of the properties for sale.

I was running around town with two different buyers today looking at several different properties in the moderate price range for houses in Incline Village.  But the real headline today is the $200,000 price reduction for the elegantly remodeled home at 591 Rockrose.  Situated right next to Second Creek in a location where the TRPA would probably not allow you to build today, this is an incredibly private and scenic setting.  Fortunately, the intermediate ski run driveway is heated and with proper operation you don't have to worry about sliding straight into the garage.  The home is gorgeous inside and has several decks overlooking the Creek and trees.  With four bedrooms, 3.5 baths, 4,232 ft.² of living space and the ever important two car attached garage, the new asking price of $1,195,000 is very reasonable and $400,000 below the original asking price when this property came on the market earlier in the year.

The one new listing today on the Incline Village MLS is for the spacious home at 737 James Lane.  At 4400 ft.² this five bedroom, three full bath, three half bath, home in the Lakeview Subdivision is situated on one of the largest lots on the street at .536 of an acre.  Completely remodeled with high-end materials throughout, the lack of interior pictures is due to the fact that the work is not yet completed.  I spoke with the listing agent today and I am hoping to preview this low elevation home for sale in Incline Village later this week.  Stay tuned for interior photos and a more in-depth report.
Incline Village Real Estate MLS New Listings of Homes, Condos and Other Incline Village Property for Sale on December 11, 2007

December 10, 2007
Even though the thermometer never got above freezing today my pace of activity still says mid summer.  I was busy with marketing work and doing follow up work for the properties I showed this weekend and then lining up appointments for my different buyer clients today and tomorrow.  I feel fortunate than no one took a tumble on the snow and ice today, the conditions on the secondary roads are not the most conducive to looking at real estate in Incline Village or anywhere else at Lake Tahoe at the present time.  After we get a little more sunshine and things melt off, the unplowed driveways and partially melted side streets will be much more palatable.

The Incline Village MLS update for this sunny and cold Monday brings us two new listings and one property going into escrow.  #80 Bitterbrush which is a two bedroom, 2.5 bath, 1276 ft.² Lakeview condo with an asking price just under 500K is the property that got an accepted offer today.  I guess the recent price reduction spurred some interest.  Our new listings consist of a remodeled freestanding condo at #76 Incline Crest and a remodeled home at 1060 Oxen.

The home on Oxen changed hands back in June at $735,000.  The current owner has done a complete gut to the studs remodel and the new asking price of $1,099,000 reflects the completed project.  This three bedroom, two bath, 1208 ft.² home with a two-car attached garage sits on over 4/10 of an acre in the desirable Mil Creek subdivision.  It's pretty hard to find any