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Incline Village Real Estate Blog

Things returned to the “seasonal normal” for the Incline Village real estate market last week.  What this means is we did not have double digits for any of the weekly statistical categories. The Incline Village MLS reveals five new listings, four price changes, two properties going into escrow and 4 places closing escrow. Luxury buyers sat on the sidelines as the properties getting accepted offers ranged between $619,000 and just under $1.1 million.

New Listings Price Changes In Escrow Closed Escrow The are a couple of new listings on this week’s Incline Village real estate update that we would like to take a closer look at. First up is a cute two-bedroom, two bath, one level townhouse style condo with 868 ft.² of living space right in the heart of town. 807 Alder Ave. – #17 is very thought-provoking for anyone on a budget who wants to live at low elevation. It’s situated around the corner from the Village Ski Loft and Brewforia and just two blocks from the Village Shopping Center. Upgrades include tile and laminate flooring, carpet and paint plus it has a nice rock fireplace. The asking price of $348,000 makes this one worth a look. Click Here to See A Virtual Tour

Also catching our eye is a lovely panoramic lake view home on the East slope at 593 Alpine View Drive. Priced at $3,250,000, this spacious 4830 square-foot home features six bedrooms and five full bathrooms. Stunning open beam cathedral ceiling framing awesome views of Lake Tahoe is what brings this to our attention. Here is just a portion of what the listing agent has to say in the MLS remarks: “Remodeled in 2002 with spectacular lake views on the eastern slope with level access to a two-car garage. This home sits on a street to street lot with no wires in the view. Perfect exposure for late day sun and lots of glass to enjoy the views. Main living level has vaulted open beamed ceilings with open kitchen, dining and living with large full-length lake view deck. One bedroom on the main living level. This level also includes a half bath and a lake view loft above with a pool table. Direct access from the garage to the kitchen for extra convenience.” There are only so many panoramic lake homes on the East slope and this is one of the more desirable locations. Check it out before it’s gone…

Don is currently in Colorado enjoying a long winter ski trip. It’s the fulfillment of a lifelong dream and so far the snow gods have been benevolent providing at least a few inches of fresh powder several times a week. The most recent storm this weekend dumped around 2 feet of champagne powder on the slopes of the Rockies.

Weekly Real Estate Update

Statistics gathered from the Incline Village MLS on 2/9/20

Houses Condos PUDs

For Sale 78 43 14

Under $1 million 11 22 7

Median Price For Sale $1,998,000 $895,000 $940,000

YTD Sales 2020 16 15 5

YTD Sales 2019 13 17 6

New Listings 5

In Escrow 2

Closed Escrow 4

Range in Escrow $619,000 – $1,095,000

These statistics are based on information from the Incline Village Board of REALTORS® or its Multiple Listing Service as of February 9, 2020

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