What it is in Incline Village Real estate in 2011 so far….

After two heavy duty snow months in the last months of 2010, January lightened up weather wise, so our would be buyer’s can get up to Tahoe to ski and check out real estate. Buyer activity has increased the past two weeks, causing the market to move just a bit. With 6 homes selling so far in 2011, the momentum or lack of is very similar to last year.

Currently there are 165 active homes on the market in Incline Village, and 10 homes in escrow.4 of those 10 are “distressed” either bank owned or short sales.5 of these pending sales are under $550k, and 5 over $950k. 3 of these are over $2m.So again we are seeing two distinct markets, the bargain hunters picking up the distressed deals, and the luxury buyers making deals on some significant roll back pricing.

128 condos are on the market in Incline, 9 under contract, 4 of which are short sales or bank owned.

46 “PUDS”(freestanding condos) are on the market, 3 are in escrow, 2 of which are short sales or bank owned.

A few notable price reductions:

www.345countryclubdrive.com built in 2005, fronting the 13th Fairway on the Incline Championship course, had a price adjustment down to $2,595,000.This in one to look at for upscale finishes that could not be replicated at this price.

www.1143lakeshore.com aka www.hiddencovelaketahoe.com  our beautiful lakefront property at the east end of Lakeshore Drive was reduced over $1million dollars, now offered at $8,250,000. For an extra large .90 acre parcel, beautiful sandy cove frontage, and a substantial landscaped backyard, and one permitted buoy. Home is 4200’, including a stunning contemporary addition featuring two additional guest suites each with full bath and an open breeze way connecting to the main house.

And still one of the best panoramic lakeviews,off the water ,in Incline Village is www.905tyner.com which has had offers to no success,and is worth every penny in quality and views.

www.734mays.com is a 5 bedroom ,low elevation home,one block up from Burnt Cedar Beach.This house has two family rooms on the main  level,each with a fireplace,southern facing deck,large garage and plenty of parking for a boat or guests.The location is right  above the bike/walking path ,and a quick down hill to Lakeshore.

www.633village.com is an excellent value,mid elevation,and newer construction.

Please email us or call should you have interest in more detailed market statistics.

Incline Village, Nevada, contiguous lakefront parcels offered

The Osprey Estate gets national attention

Staff report • October 6, 2009 From The Reno Gazette Journal Online

One of Lake Tahoe’s few modern luxury lakefront homes received national attention recently when it was featured in both the Wall Street Journal and Architectural Digest. The Osprey Estate, located on the shores of Lake Tahoe in Incline Village, is on the market with Chase International for $34 million.

Architectural Digest described how the 71,000-square-foot contemporary home with guesthouse and library strikes a balance with the pristine surroundings. The estate’s design comes from its owners — a renowned inventor and his wife, an accomplished interior designer — who collaborated with architects Eric Thiele and Roderick Ashley in designing the home. The landscape architecture was one of the last projects designed by the late Robert Murase, a noted Portland, Ore., landscape architect.

With a flat roof, floor-to-ceiling windows, an abundance of natural light and striking outdoor sculptures, the October issue of Architectural Digest noted that the home was a “smart, simple building, so light on the land and rich in contextual detail.”

“Barely visible from the water or the street, the small compound exists as Lake Tahoe’s secret pocket of modernism — a combination of rigor, understatement and transparency that might well have been a model for this climate had modern technology and sensibilities been factors in past eras.”

(Article Continued…) Click Here to read the rest of this article at RGJ.com

Click here for a print version of the full article at RGJ.com

Lakefront Listings…Something For Everyone!

Secret Cove, Incline Village, Nevada


453 Lakeshore, Incline Village, NV


250 Northlake Circle, Crystal Bay, Nevada

Lakeshore Terrace #15, Incline Village, NV

Let’s talk Luxury in Incline Village

Location is the key to any property and our listing at www.593Lakeshore has one of the most private and prestigious locations in Incline Village,Nevada. 8 acres on  Lake Tahoe,in Incline,with over 650 feet of frontage.Bordering to the East and West of this property are two other 8 acre parcels .593 has the most optimal terrain,with a combination of large sandy beach on the East side, and Rocky shoreline in front of the main house,for privacy and security.

The gardens are amazing incorporating seasonal floral with the mature growth trees surrounding. www.ospreylaketahoe.com

 

The main home is of “museum quality”featuring Indiana limestone and contemporary lines thoughout.There is a staff or guest quarters incorporated into the main home.

On the Eastern side of the property are the guest house and conference center which are best described in the  recent Architectual Digest and the Wall Street Journal articles.

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