Locals’ Summer in Incline Village: Market Momentum and New Opportunities
- Julie Malkin-Manning
- Sep 5
- 3 min read
Incline Village & Crystal Bay Real Estate Market Update | September 4, 2025
We’ve officially entered “locals’ summer” here in Incline Village—a time when the grocery store lines are shorter, the nights are cool enough for a perfect night’s sleep, and the beaches feel like they’re ours again. It’s a season that reminds us why we fell in love with Incline Village and Lake Tahoe in the first place.
908 Harold Drive, 18 Fairway Pines - located on the Championship Golf Course in Incline Village
During the high season, it’s easy to get caught up in the frustrations of tourist crowds, traffic, construction, and all the reasons we left the hustle and bustle of the big city. Even “Tahoe time,” with its slower pace, can test our patience. But locals’ summer brings us back to our roots. It’s a time to reconnect with nature, embrace a more relaxed atmosphere, and appreciate the slower pace of life that makes this place so special. (And let’s not forget Nevada’s tax-friendly perks!)
While it might be a little early to indulge in pumpkin spice lattes—that’s what shoulder season is for—it feels like the perfect time to start hitting those 2025 real estate goals, and I'm not alone in that sentiment.
Real Estate Activity in the last 7 days:
This week brought a few standout properties to the spotlight. First up, 371 Mountain Lake Ct., listed at $3,950,000, is a fantastic buy and a rare find. Mountain Lake Court is a quiet cul-de-sac with approximately 14 parcels, offering east slope-sized lots, lake views, and close proximity to town. With a desirable floor plan, charming wood beam ceilings, and a price tag under $4,000,000, this home checks all the boxes.
Another highlight is our newest listing at 908 Harold Drive, Unit #18. This beautifully remodeled unit offers stunning views of the Championship Golf Course and a tranquil setting overlooking the pines. Barely lived in and move-in ready, it’s a rare find—a 3-bedroom, 2.5-bathroom unit with a garage at a lower elevation, and with golf course frontage to boot.
We’ve also seen a notable uptick in sales and overall buyer activity, particularly in the luxury market. This week alone, 16 properties closed escrow, ranging from $560,000 to $9,000,000. The highest sale was a brand-new build in the Lower Tyner subdivision, marking what I believe is the highest price sale in the Lower Tyner Subdivision in quite some time. Built as a spec/investment property by Whisper Homes, this sale sets a new benchmark for the west side of Incline Village.
Overall, the market has seen a surge in activity over the past few weeks. Buyers are feeling optimistic as interest rates drop, confident they’ve seen everything the 2025 market has to offer. Meanwhile, sellers are motivated, knowing winter is just around the corner and eager to close deals before 2026. And let’s not forget the handful of buyers looking to establish Nevada residency before the new year—what better place to do that than in Incline Village?
This Week's Real Estate Market Highlights
Houses | Condos | PUDs | |
For Sale | 96 | 81 | 7 |
Under $1 million | 0 | 47 | 0 |
Median Price for Sale | $3,822,500 | $925,000 | $2,100,000 |
YTD 2025 | 64 | 80 | 24 |
YTD 2024 | 70 | 68 | 13 |
YTD 2023 | 50 | 76 | 14 |
New Listings | 7 | ||
Price Reductions | 18 | ||
In Escrow | 10 | ||
Range in Escrow | $675,000 to $2,500,000 | ||
Closed Escrow | 16 |
Please keep in mind that these numbers are based on data from the Incline Village Board of REALTORS® or its Multiple Listing Service as of 09/04/2025