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RE/MAX North Lake
Lake Tahoe
Don Kanare

Don Kanare and Sabrina Belleci

RE/MAX North Lake

923 Tahoe Blvd Suite 101.
Incline Village, NV 89451.

(775)-745-5820 (775)-354-9745

Incline Village Real Estate 4/16

Holy Cow!  What a week for the Incline Village real estate market.  Once again it was double digits with 10 properties going into escrow and 10 new listings on the Incline Village MLS.  Throw in 5 price changes and 6 closed escrows to round out the week.  This is an extraordinarily high level of sales activity for this time of year and bodes well for the upcoming summer season.

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The inventory level continues to hover around 160 properties which is quite low by historical standards.  While we anticipate a flurry of new listings the next few months, buyers are snapping up the best properties with a vengeance.  Lowball offers are getting rejected out of hand and that tactic will only irritate most sellers in 2017.  Reasonable buyers can strike a fair deal but anyone pushing too hard may find their offer put in the shredder.

 

We even had one price increase last week of over $100,000.  Whether the seller of this particular low elevation condo is brilliant or delusional remains to be seen.  But it does show that the recession is but a distant memory in the rearview mirror of Incline Village real estate sales.

New Listings     Price Changes       In Escrow     Closed Escrow

For the 1st time in many moons we have a new listing in Deer Creek.  This development of freestanding condos is situated below Highway 28 near the visitor center.  Built in 1999 it’s a 3 bedroom, 3.5 bath, 2700+ square-foot property with a two-car attached garage.  Downstairs you’ll find a couple of guest bedrooms along with a large family room.  Upstairs is the master suite  along with a spacious great room with soaring Cathedral ceilings.  Offered at $1,325,000.
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Budget minded shoppers will want to check out #246 Mountain Shadows.  This three-bedroom, 2.5 bath, two-story townhouse style condo is priced at $359,000.  Good location, well maintained and some modest upgrades including an updated kitchen.

 

Single-family home buyers looking for a piece of Incline Village real estate that oozes Tahoe charm will want to check out 326 Aspen Leaf Ln..  This tiny little street rarely has a property for sale making this place definitely worth a look.  Nearly 2300 ft.² of living space containing 4 bedrooms and 2.5 baths.  The open beam Cathedral ceiling along with the nice woodsy setting at a moderately low elevation makes this one to put on your shortlist.  The asking price is $819,000.
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Even though we got a pretty good snowstorm last Thursday night and Friday all of the new precipitation has melted off as of Sunday afternoon.  Ski conditions are still excellent and many of the resorts will remain open for several more weeks.  Some places will be switching to a Thursday through Sunday schedule.  So, be sure to check the operating hours before heading over to the slopes.

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Re/Max North Lake Yelp Don Kanare & Sabrina Belleci - Agent at RE/MAX North Lake