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

December 8 - 10, 2006
There was only 1 new listing, but no price changes or any other activity on the Incline Village, NV real estate scene over the weekend.  Our new listing today is for a moderately updated 1 BR McCloud condo with an asking price of $467,000.  The update below is from December 8th.

We had two deals closing escrow today, five new listings and 0 price changes on the Incline Village MLS.  The two properties for sale in Incline Village that sold both set benchmarks for their respective locations.  The condo at #47 Northwood Estates sold for $485,000.  This three bedroom, 2.5 bath, 1700 plus square foot condo was nicely refurbished and had a great end unit location in a quiet section of the complex.  It will be very hard for anyone to get a higher price in this complex than what this property sold for unless they also include very expensive furniture as this property sold unfurnished.

The freestanding condo at #11 Incline Pines was on the market for over a year and went through several price reductions.  It started out originally at $895,000, was reduced in stages down to $799,000 and sold today for $710,000.  This is a perfect example of a property selling at exactly fair market value.  When this property came on the market I felt that it was about $200,000 overpriced since it needed a complete remodel, did not have a garage and was in a very difficult location to get in and out of in the wintertime.  If you have a home or condo for sale in Incline Village, you have to be realistic about pricing it based on all of the variables and not just the view or your own personal opinion.

Checking out the five new listings in Incline Village today, three of them are repeats that we can skip over however the other two properties merit a closer look.  With an asking price of only $459,000, the freestanding condo at #53 Glenrock looks to be a good value on paper.  Even though it is in original condition, this 3 bedroom, 2.5 bath property is in a good location that backs up to the Championship Golf Course and is just a few steps away from the swimming pool.  Even more spectacular is the panoramic Lake view that you will find at 1159 Altdorf Terrace.  At only $859,000, this 3 bedroom, 2.5 bath, nearly 2500 sq. ft. freestanding condo in Lower Tyrolian Village represents a fabulous value.  You normally have to pay over $1.2 million to get a panoramic Lakeview, so even though there are some steps up to the front door, it is well worth the price of admission.
Incline Village MLS New Listings of Homes, Condos and Other Incline Village Property for Sale on December 8, 2006

December 7, 2006
The activity on the Incline Village MLS today brings us 3 new listings, 1 deal closing escrow and 0 price changes among the properties for sale.  The McCloud condo that closed escrow today is #66, an 1162 sq. ft., 2BR, 2 bath unit with a mud room and oversized living room with an enormous 15' window that brings in tons of natural light.  A sharp buyer picked this unit up for $620,000, showing that McCloud condos have intrinsic value due to their great location near the beach.  I have always said that quality plus location at fair market price is what buyers are looking for in Incline.  You don't have to give away a quality property here in a buyer's market, since over the long term demand will always outweigh supply (barring an unforeseen catastrophe).  

Checking out the new listings in Incline Village today, we have a repeat at #73 Royal Pines which is a beautifully remodeled 4BR, 3 bath, end unit with a 2 car attached garage.  I'm not usually a big fan of this complex since a lot of the units are dated and you have to enjoy 3 story living, but this particular unit is a gem if you can pick it up for a bit less than the $665,000 asking price.

The 3 BR, 2.5 bath condo at 865 Peepsight Ct is another good value and at the asking price of $489,000 I anticipate that some savvy buyer will purchase this condo between now and New Year's Day.  Located on a quiet cul-du-sac just off upper Village Blvd, this refurbished condo is next to the Mountain Golf course providing a tranquil setting along with winter sports right outside your door.  Now that snow shoeing, cross country skiing and sledding are permitted on the Mountain Golf Course (except on and around the greens), properties that are adjacent to the course will command even more of a premium.  

Our last new listing today is for the Wood Stove Distributors business right on the main road near the center of Incline Village.  Click on the link below to see the MLS info for all 3 of these properties.
Incline Village MLS New Listings of Homes, Condos and Other Incline Village Property for Sale on December 7, 2006

December 6, 2006
At first glance it might seem like a decent amount of activity today on the Incline Village, NV real estate scene.  But a closer look at the 4 new listings in Incline Village this Wednesday shows us that all are repeats so we can move right along today to the 2 price changes.

Dropping 100K today down to $1,100,000 is the remodeled 4BR, 3.5 bath, 2800 sq. ft. home at 658 Tumbleweed.  Located at high elevation on the west end of Incline Village, this property has a filtered peek of the lake and is next to Forest Service land.  The spacious 3BR, 2.5 bath condo at 949 Miner's Ridge Ct. dropped $16,000 down to $649,000.  Located a stone's throw from Country Club Dr., this condo is part of a 2 unit HOA for minimal hassles with rules and regulations.  Think of it as half a duplex but you own a condo with all the privileges that come with owning property in Incline Village.  Nice, big back yard with a great lawn for kids to play, dogs to run or just to have a barbecue and entertain some friends.  This property is a good value, the only weakness is the proximity to Country Club Drive and some road noise.
Incline Village MLS New Listings of Homes, Condos and Other Incline Village Property for Sale on December 6, 2006

December 5, 2006
Our headline today is that the highest priced property to sell all year in Incline Village closed escrow today at $17,250,000.  Located at 1145 Lakeshore Blvd., this lakefront property consisted of 2 parcels, with a main house, guest house, caretaker house, boat dock, hoist, and enough room for all of your friends and relatives to camp out.  Priced at $19,900,000, this was the highest priced property for sale in Incline Village after the $60,000,000 estate at 1135 Lakeshore was withdrawn from the market earlier this year.

In other news, the Incline Village MLS saw one property go into escrow 0 price changes and 2 new listings today, one of which is a repeat.  The house at 831 Lakeshore has been on and off the market and the price has changed up and down a few times for this 5 BR, 5 bath, 3900+ sq. ft. home with 20' of lakefront and filtered views.  Now asking $5,500,000, this is one of the lower priced lakefront homes for sale in Incline Village that is habitable. 

Our other new listing today is for a very cutely remodeled 4 BR, 2 bath chalet at 1314 Tirol Dr.  Located near the Diamond Peak Ski Area with mountain views, this 1200+ sq. ft. chalet has a lot packed into a tiny space.  Priced to sell at $529,000, this should be on the short list for anyone looking at free standing condos in the 500K range for Incline Village, NV real estate.
Incline Village MLS New Listings of Homes, Condos and Other Incline Village Property for Sale on December 5, 2006

December 3 -4, 2006
As we go deeper into the off season, the pace of activity continues to steadily decline on the Incline Village MLS.  The past 2 days brought just 2 new listings and one price reduction for those of you monitoring the market for property in Incline Village.  The cutely remodeled condo at #62 Creekside East dropped $26,100 down to $469,900 bringing it closer to the target price I set for it when it came on the market back in September.  This complex has an abundance of inventory and buyers looking for a low elevation, 3 bedroom condo in Incline Village under 500K would do well to explore Creekside East and West.

The new Incline Village listings today include a 1700+, 4 BR, 3 bath cabin in Upper Tyrolian Village that looks like it could use some updating and a condo on the top floor of the Tahoe Sierra Pines Complex.  The cabin has decks with mountain views, wood fireplace, and an asking price of $680,000.  Our other listing in Incline Village today is located at 929 Southwood, just a short walk to everything in the center of town and 8 minutes to the beach.  This 4 BR, 4 bath, 1468 sq. ft. condo in TSP is an upper end unit that will bring you lots of light and a great cardio workout ascending the 3 flights of stairs.
Incline Village MLS New Listings of Homes, Condos and Other Incline Village Property for Sale on December 4, 2006

December 2, 2006
A quick update today for the Incline Village real estate market as we have just 2 price reductions, 0 new listings and no other transactions of any kind to report.  The cute 1BR, 1 bath, 667 sq. ft. condo at #9 All Seasons dropped a bit over $6,000 today down to $383,500.  Nicely furnished and tastefully updated this is a great property if you're looking for a 1 bedroom condo in Incline Village.

The house at 1060 Oxen Road which is really a tear down / rebuild opportunity dropped a whopping $70,000 all the way down to $825,000.  The level .401 acre lot is in the desirable Mill Creek subdivision and is now at the target price I set for it when it came on the market in August.  If you're thinking of building a home in Incline Village within walking distance of the beach, this property is one you'll want to take a look at pronto.  Tear downs and lots in this neighborhood generally sell for $850,000+ so this is a good value right now and could be the next sale to take place in this part of Incline Village.

Read The Prior Entries in Don's Incline Village Real Estate MLS Blog