What’s new this week?

Broker tour in Incline today had some new listings worth mention.869 Ophir Peak,is a complete remodel on 1/2 acre in the Lakeview subdivision,3 blocks above Lakeshore. Rich ,dark woods and finishwork complimented with granites and natural tones. Price $2,495,000.Seems like a good price especially when the two new builds in the same area are priced at $3.7m.The house is not huge, 3500sq ft,has a great room floor plan and well appointed spaces.Yes,you might find less expensive new construction,but this location is prime.

1372 Tirol has been on the market for several years,starting at $1,495,000….new price ,after several price reductions,$799,000.Why the huge difference? Market conditions and chasing the market gets old for a seller.This home has great views of Diamond Peak,2 car garage and is completely remodeled with granite counter tops,hardwood flooring,new  appliances and more.Would be perfect for a full time residence  or a vacation home and does have a rental history.

Incline is not immune to the devastation in the financial markets and overall job loss. Our notice of default list has grown to over 30 homes, including a lakefront at 514 Gonowabie which is now pre foreclosure,last priced at $3,995,000. Old home,but has pier,small beach.

www.346windingway is still one of the best buys in Incline.Low elevation,walk to Preston Field, and 5 minutes from Central Incline. A new build across the street and down a few to the west sold for $2m just over a year ago.The bank has given a price of $1.2m.This house had several retail offers in 2008 well over $1.4-6m.The home is a full time residence and well maintained.If you can pay cash and are ready to buy, don’t wait.