Incline Village Real Estate Report 8/19
The Incline Village real estate market has been hot this summer with 67 properties currently in escrow as of this writing. The property mix consists of 25 condos, 10 freestanding condos and 32 single-family homes. Sales activity is strong across all price ranges as the summer of 2018 continues to hum along at a solid pace. Total Year to Date sales in units are slightly ahead of 2017, which overall was a banner year on the Nevada side of North Lake Tahoe.
Heading into the last 10 days of August, the 32 houses in escrow on the Incline Village MLS span the gamut from $649,900 up to just under $6 million. Only 6 of these homes had asking prices under $1 million. 17 of these properties have asking prices between $1 million and $2 million which demonstrates a nice level of sales activity in what is normally considered the “sweet spot” for single family homes in Incline Village and Crystal Bay.
Of the 13 new listings on the Incline Village real estate scene there are a few that we find rather eye-catching. The Pine Creek complex at 998 Driver Way brings us two new condo offerings in the same week which is pretty rare. These are both 2 bedroom, 2 bath, two-story townhouse style properties. Unit #1 has more square footage along with a beautiful setting near a year-round creek. Hence, the higher price than #12. You even get a view of the golf course! It’s worth checking out both of these properties priced at $665,000 and $545,000 respectively.
On the other end of the Incline Village real estate spectrum is a spectacular 8000+ square foot panoramic Lakeview home at 469 Fairview. Offered at $4,695,000, this 6 bedroom property boasts 7 full bathrooms and 2 powder rooms. Stunning architecture on the East Slope with high-end finishes throughout and lovely views of Lake Tahoe. But don’t just take our word for it. Click Here to See the Virtual Tour