Incline Village Market Update & This Week's Featured Listing
Updated: Sep 13, 2022
It was more than business as usual for the Incline Village real estate market during the 1st full week of September. 12 properties went into escrow along with 5 new listings, 15 price reductions and 6 properties closing escrow. Buyers took advantage of the beautiful late summer weather to escape the heat in the Central Valley. Unfortunately, smoke has started pouring in from the fire near Foresthill. Hopefully, by the time you read this the wind will have shifted and the air will have cleared.
Checking out the new listings on the Incline Village real estate scene this week the tastiest offering is a condo at 599 Lariat Cir #4. This 3 bedroom, 3 bath, 2136 square-foot condo features a fantastic location adjacent to a huge chunk of Forest Service land. You will be hard-pressed to find a condo that has a more private feeling than this one. And you even get some nice views of Lake Tahoe.
The lovely interior features a beautiful kitchen that any cook would love. You’ll find stainless steel appliances, granite countertops, double ovens and plenty of counter space for others to assist you with preparing dinner. The fireplace in the master suite provides that special ambience. Nice big two-car garage with a level driveway for easy access all year-round. Priced at $1,595,000.
Don recently did the hike to Incline Lake or more correctly what used to be a beautiful little lake. Sadly, the Forest Service decided to repurpose the funds earmarked for building a new concrete and steel dam. Instead, they removed the old earthen dam, drained the lake and contoured the land to create a path for the creek to flow into the gentle canyon below.
The formerly beautiful lake that provided world-class trout fishing for decades along with recreational enjoyment for thousands of people every summer is now gone forever. Even the bears will not be happy. They used to forage along the edge of the lake. But with the ecology permanently changed and no water to supply the native plants they thrive on you can expect to see more bears coming into town in search of a meal.