Incline Village real estate update January 25, 2012

By
Real Estate Broker/Owner with RE/MAX NORTH LAKE - Incline Village, NV

The real estate in Incline Village and Crystal Bay that went into escrow recently covered the price range from under $200,000 for a condo in the Racquet Club all the way up to $2.6 million for the beautiful three bedroom home across the street from the water and 74 Shoreline Cir. Put this house on the water and you could add a few million dollars to the price tag. Yours truly is representing the buyer of #94 McCloud which also went into escrow.

Seven properties closed escrow during the past week and once again they ran the gamut from $170,000 for a moderate income condo at 760 Northwood all the way up to $1 million for the remodeled three story home in the upper nosebleed section at 677 Saddlehorn.

Of the 15 or so price reductions on the Incline Village real estate scene during the past week, only two are really worthy of comment, but they are truly worthy (apologies to Garth and Wayne). #101 Third Creek lost $40,000 off the asking price and is by far the least expensive three bedroom, 2 1/2 bath floor plan backing up to the Creek that we have seen in almost a decade. Yes it is an inside unit so you are sharing walls on either side. If you can get past that one feature, this condo has a superb location and will likely get a lot of interest at the new asking price of $599,000.

The four-bedroom, five bath, 4100+ square-foot Lakeview home at 612 Doeskin Ct. had another $150,000 lopped off the asking price and is definitely worth a look at the new price of $1,395,000. End of cul-de-sac location, good vacation rental, great upside potential especially at the new offering number.

 

Don Kanare is a Realtor at RE/MAX Premier Properties Read his blog and weekly stats on his Incline Village Real Estate web site at www.InsideIncline.com
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Don Kanare - RE/MAX Premier Properties - Specializing in Incline Village and Crystal Bay, NV

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