Inside Incline Blog Post for 4-22-18
One of the biggest sales in the history of Incline Village real estate closed escrow last week. The palatial estate at 1035 Lakeshore Boulevard sold for a cool $36.5 million in cash. This extraordinary property had a beautiful white sandy beach along with a main house and a caretaker’s house for a total of 9 bedrooms, 10 full bathrooms and 2 half baths. Situated on nearly 5 acres of land this is one of the most spectacular Lake Tahoe properties you’ll ever find.
It was a relatively busy week for the rest of the Incline Village real estate scene. There were 6 new listings, 5 price changes, 7 properties went into escrow along with 9 closed escrows. The properties getting accepted offers ranged from $375,000 up to $2,795,000. Of the 7 properties going into escrow 6 are in the condominium category.
We have a couple of new listings at opposite ends of the price spectrum for your viewing pleasure. First up is 1-4 Forest Pines located at 123 Juanita Drive; just 2 blocks from the beach. Priced at $599,000 this is a 3 bedroom, 2 bath, 1167 square-foot, two-story townhouse style condo. You don’t get a garage but what you will find is a nicely remodeled property in a low elevation complex. Amenities include a swimming pool, spa and clubhouse. Forest Pines condos tend to do very well when it comes to generating some vacation rental income.
Lakefront buyers who have been waiting for a piece of Incline Village real estate under $5 million will want to check out 1709 Lakeshore Blvd. This 3BR, 4 bath single-family home is offered at $4,990,000.
The description in the MLS is eloquent, so here is what the listing agent has to say:
“Imagine yourself surrounded by the incomparable luxury of a lakefront home in one of the most sought after and exclusive communities on the North Shore of Lake Tahoe. This exquisite home is nestled into the landscape and seamlessly blends indoor and outdoor living spaces so all three levels highlight the natural beauty of Lake Tahoe. Level one offers a master suite with unobstructed views of the North and South Shore line plus our surrounding Sierra ranges.
Level two offers two large ensuite bedrooms with panoramic views, walk out decks, and a 6 seat movie theater. Level three features a great room, massive kitchen and sliding glass doors which open completely to allow in fresh air, lapping waves and unforgettable sunsets. Or perhaps take a spin around the lake from your shared pier, a mere 15 steps away. Two permitted boat buoys and boat hoist.”
The weather has warmed up considerably at Lake Tahoe and throughout the Sierras. The waterfalls are raging and snow is melting quickly at all elevations. Ski season is rapidly deteriorating but you can still get in a couple of hours of decent spring skiing depending on the slope and aspect.