While hurricane Irma has dominated the news the past several days, the Incline Village real estate market continued along with another strong week. One of the nice things about living at Lake Tahoe is that we don’t get hurricanes or tornadoes. When we do get intense weather it’s usually snow which gets everyone excited for great skiing! However, ski season looks to be pretty far away with beautiful weather on the horizon during the next week (along with the occasional scattered thunder shower).
Listing activity on the Incline Village real estate scene was surprisingly strong last week. There were 8 new listings along with 9 price changes, 14 properties going into escrow and 7 places closing escrow. Once again we saw action across the board. The properties going into escrow ranged from approximately $170,000 up to nearly $2.5 million. Total unit sales are relatively close to the year to date sales in 2016. And that was one of the best years in the past decade!
Checking out the new listings on the Incline Village MLS, there is one condo that really jumps out at us. 694 Golfers Pass Rd. – #3 looks very tempting at the asking price of $595,000. This three-bedroom, 2.5 bath, 1664 square-foot property also comes with a two-car attached garage. Nice location backing up to the Mountain Golf Course. You’ll find good size rooms and vaulted ceilings in the living area. Upgrades include skylights, marble faced fireplace and granite counter tops in the kitchen.
Anyone looking for an undeveloped piece of Incline Village real estate will want to take a look at 757 Randall Ave. This higher elevation parcel is relatively small at just .158 of an acre. But it is adjacent to U.S. Forest Service land which gives you a nice feeling of privacy. The lot has 1857 square feet of coverage and a fairly high IPES score of 824. Bring your architect and contractor because at only $220,000 this is rather inexpensive for a buildable lot in our community.