Incline Village Real Estate, Market Update 12.19.2022
It was a most pleasant week for these Incline Village real estate agents. We were able to squeeze in a little bit of skiing and snowboarding on some fresh snow in between the property showings. The latest round of storms dropped enough snow to fill in almost all of the runs at the ski resorts around Lake Tahoe. While the copious amounts of snow might be a burden on the wildlife in the short term, the nourishment for the flora will help all critters in the long-term (that includes us four-legged ones).
The Incline Village real estate market brings us 5 new listings, 3 price reductions, 4 properties going into escrow and 2 properties closing escrow during the past week. There is one new listing and one price reduction that we find it rather intriguing. So, without further ado let’s take a closer look.
The freestanding condo at 198 Country Club Dr. – #25 Country Club Villas is back on the market at a new asking price of $2,325,000. This is a delightful 3 bedroom, 2.5 bath, 2112 ft.² freestanding condo located just a few minutes from the beach and the Hyatt Hotel Casino.
The highly desirable floor plan features 2 bedrooms and a full bath on the entry-level with the master suite, powder room and great room upstairs. The soaring, open beam cathedral ceilings provide a nice spacious feel and the open great room concept makes this place very nice for entertaining. Features include oak floors, high-end appliances, custom iron railings, a stacked stone gas log fireplace plus a whole lot more.
There was a nice price reduction for the condo at 948 Harold Dr. – #8 Villas Green. Now offered at $1,695,000, this 3 bedroom, 2.5 bath, 1416 square-foot condo is situated in a beautiful location across the street from the Championship Golf Course.
This end unit underwent a complete gut to the stud remodel several years ago and has been beautifully updated. There is even a filtered Lakeview to enjoy! Originally offered at $1,850,000, the new asking price makes this one worth a look before it gets away.
If you are planning a trip to Lake Tahoe for the holidays, please be extremely careful when driving on the ice and snow. We anticipate very large crowds for the holidays this year now that most people consider the pandemic to be in the rearview mirror. However, Mother Nature can be rather fickle in the mountains and weather conditions can change rapidly.
Never walk, ski or snowmobile uphill into a storm especially in the wintertime. Every year search and rescue operations take place for dozens of people who have gotten lost in the harsh winter conditions. And please don’t drive when it’s snowing unless absolutely necessary. Give the plows an opportunity to clear the roads instead of packing down the snow and ice which only makes the conditions worse.
We would like to wish everyone a very happy holiday season and a wonderful start to 2023!