Incline Village Real Estate 1/5/20
What a start to 2020 for the Incline Village real estate market! 8 properties went into escrow during the past week. That’s a very strong seven day period in the dead of winter. With ski conditions being really good it’s surprising so many people were looking at property. But the weather has been cooperating lately. Only a couple of minor bouts of precipitation, otherwise sunny skies in the Lake Tahoe basin to start the new year.
New Listings Price Changes In Escrow Closed Escrow A new listing that really catches our eye is the one bedroom, one bath, 792 square foot condo at 2-11 Forest Pines. This beautifully remodeled property is offered furnished and features an asking price of $475,000. Enjoy a nicely remodeled and expanded kitchen, gas heat and other fine upgrades. Arguably the best location of any one bedroom condo in the complex. Forest Pines also boasts a swimming pool along with a clubhouse, spa and sauna. Click Here to See a Virtual Tour
559 Silvertip is our featured piece of Incline Village real estate this week priced at $1,299,000. Here is what Sabrina has to say about this nice listing:
“Beautiful Sederquist designed home on a large private lot, adjacent to Forest service, located in the Ponderosa Sub at lower elevation. Expansive feel with high ceilings, tall windows looking out at the large surrounding trees. Large, south-facing decks off of the back of the home on each level with ground level access and natural gas piping to the deck for a BBQ. Desirable, open, floor plan, great for entertaining, recessed lighting, cozy wood stove for winter ambiance, walk-in pantry, large laundry area and over-sized 3-car garage. Surrounded by trees and peeks of the lake. Large master bedroom with a beautifully remodeled bathroom, jetted tub, copper sinks, oil-rubbed bronze finishes and beauty vanity.
Well maintained, Tahoe style home with cedar siding and a covered front porch. BRAND NEW ROOF installed in 11/2017. Over sized, walk in crawl space underneath the home with exterior access makes a great storage space for all your summer and winter toys.”
Incline Village Real Estate Update
Statistics gathered from the Incline Village MLS on 1/5/2020
Houses Condos PUDs
For Sale 84 45 15
Under $1 million 10 20 7
Median Price For Sale $1,995,000 $1,190,000 $1,146,200
Total Sales 2019 163 167 60
Total Sales 2018 181 190 65
New Listings 3
In Escrow 8
Closed Escrow 10
Range in Escrow $290,000 – $2,599,000
These statistics are based on information from the Incline Village Board of REALTORS® or its Multiple Listing Service as of January 5, 2020.