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Incline Village Real Estate Update 9/8/2019

Solid summer sales continue for the Incline Village real estate market. A whopping 14 properties went into escrow during the past week. Throw in 11 new listings, 13 price reductions and 11 places closing escrow to round out the action. It was another week with a broade range of activity as every market sector participated. Prices of the properties going under contract ranged from $129,000 for a piece of raw land in Tyrolean Village up to $11.9 million for a panoramic Lakeview home on Burgundy Road.

New Listings Price Changes In Escrow Closed Escrow

One of the rarest of properties just hit the Incline Village MLS recently. It’s not often that we see a 3 bedroom condo in McCloud so let’s take a closer look at #122. This two-story townhouse style property is located on the Village Boulevard side of the complex. And best of all it is situated in the cluster that is closest to the beach. You have a common area hot tub and sauna along with beautifully landscaped grounds.

This particular floor plan has a mudroom entry and features a partially remodeled interior including granite countertops in the kitchen. You also get a one car detached garage which has room to store your skis and a few other pieces of recreational equipment. Offered at $820,000.

Buyers looking at single-family homes may also wish to check out the beautiful freestanding condo at 898 Lake Country Dr. Featuring gorgeous mountain views and overlooking Third Creek this is a 3 bedroom, 3.5 bath, 3300 square-foot property. Spacious master suite, inviting open floor plan that’s great for entertaining. Lots of natural light and a good-sized deck for a enjoying the great outdoors. The asking prices $1,785,000. Click Here to See a Virtual Tour

Panoramic Lakeview lovers not wanting to break the bank will have to check out 400 Fairview Blvd. – #23 Bitterbrush.  Priced at $749,000, this 1410 ft.² condo features 4 bedrooms and 3 full bathrooms.  You’ll get spectacular sunsets from this downslope lot and you even have 2 reserved parking spaces.  Situated in the lower part of Bitterbrush near the entrance, this place is relatively easy to access in the wintertime, yet you are very close to the Diamond Peak Ski Area. It’s getting hard to find pieces of Incline Village real estate with pano lake views anywhere near this price.

Statistics gathered from the Incline Village MLS on 9/8/19

Houses Condos PUDs

For Sale 126 65 18

Under $1 million 16 43 12

Median Price For Sale $1,848,000 $559,000 $719,000

YTD Sales 2019 106 108 43

YTD Sales 2018 132 132 42

New Listings 11

In Escrow 14

Closed Escrow 11

Range in Escrow $129,000 – $11,900,000

These statistics are based on information from the Incline Village Board of REALTORS® or its Multiple Listing Service as of September 8, 2019

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