Incline Village, NV Real Estate News

By Lexi Cerretti
(Intero Real Estate Services)
In the past week, 4 new listings came onto the Incline Village and Crystal Bay market, including 3 homes and 1 condo, ranging in price from $229,900 to $4.6M. There were 5 price changesincluding 4 homes (2 out of area) and 1 PUD (townhome). 620 Martis Peak (corner of Lakeshore) is now a short-sale at $3.795M and 7,145 sq ft living area with lake views. Let me work with you to make an offer on this home- I have shown it many times and know it well. This is the prime opportunity in Incline's luxury end of the market, especially if you can get in for about $500 per sq ft and have the powerline in front buried (this can be done but has been a big issue for many). This is a short walk to Burnt Cedar Beach and would be a fantastic vacation home and/or rental with 6 bedroom suites. One listing...
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By Lexi Cerretti
(Intero Real Estate Services)
Watch Incline Village on "My House is Worth What?" Saturday December 27 at 7pm to see a great master bedroom addition on a Tahoe style home just up from the Lake. Hosted by Kendra Todd, Apprentice 3rd season winner who worked for Donald Trump for a year following the show. See some great aspects of family life in Incline Village, and how one couple adds value to their home.
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By Lexi Cerretti
(Intero Real Estate Services)
We have seen a slight increase in activity for December. With mortgage rates hoovering at 4 year lows around 5% for a 30 year fixed mortgage, buyers who have good credit and can qualify for documented loans are seeing opportunity in the market.One notable sale that I represented the buyers for at 521 Sugarpine closed last Friday for $530,000, it was listed for $599,000 and was a fantastic buy for a 3 story home, remodeled on 3/4 of an acre in desirable Ponderosa neighborhood. The home 2 doors down at 527 Sugarine is in contract with a list price of $3.495M, so this helps supports the value here.19 new listings came onto the Incline Village and Crystal Bay market in the past two weeks, including 8 homes, 2 PUD's, 8 condos and 1 commercial listing. There were 23 price changes, 3 new prope...
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By Terry Rasner-Yacenda, "Dreams Realty"
(Broker,Owner - Dreams Realty)
Hi Northern Nevada Neighbors, This continues to be a popular feature of my Active Rain Localism blog -- a place for local folks to read about the incredible deals on my listings.  It's time for me to begin my wrap-up for 2008, because I've got even better listings for 2009!  This is a 26 year Condo/Townhome in the exclusive Incline Village at Lake Tahoe.  This place is truly awesome!  This two story condo/townhome has 1,711 sq. feet of living space, with 2 bedrooms and 2 bathrooms.  This place and condo complex is loaded with extras. Review the property's features, and then follow the link below to photos and more information.  Check it out, you'll be impressed! Check out my real estate home page for more information on this property! Property Location929 Northwood BoulevardIncline Vill...
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By Lexi Cerretti
(Intero Real Estate Services)
The home of Incline Village couple, Ross and Sarah McMahan, who recently put in a large master addition over their garage, airs this Sunday at noon."We are looking for real estate experts who have a strong presence and knowledge of their market," Schwartz said. "They should be confident judging homes and letting homeowners know the expected return on investment. On top of that they have to have good communication skills and lots of energy." Cerretti said she learned a great deal about the in and outs of television while filming the Incline Village episodes. "A lot goes into filming," she said. "I had to have all the data in mind as I put on my TV personality; exaggerating gestures and really hitting home the pluses and minuses of each room." Cerretti studied reports on actual remodels d...
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By Tracy Saunders
(Chase International)
Ingenuity is what happens when you combine kids, imagination and nature. In this computer driven world it is nice to take time out with the family and enjoy the simple things.  This Thanksgiving I took time out from selling the amazing place I live - Lake Tahoe - to enjoy why I love living here, the outdoor adventures that can be found any time of the year.  We gathered up a few friends and their families and hiked through the forest down to Secret Beach on the shores of Lake Tahoe.  It is a pristine place with lots of boulders to climb, rocks to skip and beach to stroll. It's a place that brings out the kid in all of us.  Imagine taking a plank of driftwood, a rock, and a sandy beach what would you have?  At Secret Beach you would have a seesaw the old fashioned kind, or perhaps a grea...
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By Tracy Saunders
(Chase International)
I am now an Active Rain "Secret Agent" No, I am not here to spy on others - we have plenty of plagiarism patrols on duty it seems these days in the Rain...No I am not here to block spammer in the Rain...they seem to do a pretty good job of that without me.  I am a true Secret Agent.  My job is to disseminate those tiny tidbits of information that only "locals" seem to know about.  You know that killer ski run or incredible restaurant, the amazing hike that is hard to find or the best place to get free Wi-Fi hookups.  This Secret Agent is on the job 24/7 making sure "my people" are in the know! Want to be one of "my people" just subscribe to my blog, follow me on twitter or Facebook.  Have a great secret you don't mind sharing with everyone?  Let me know and you can be a Agent in trainin...
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By Lexi Cerretti
(Intero Real Estate Services)
Recent sales in Incline Village continue to slump while buyers wait and watch for the prices to bottom. The median sales price of a single family home in Incline Village, dropped to $1,115,360 year to date through September 30, 2007, down 10% from $1,245,500 over the same period last year. Sales volume dropped 31%, as 74 homes sold through the first 9 months of 2008 compared to 108 during the same period in 2007. Read the Incline Real Estate Report here...
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By Tracy Saunders
(Chase International)
When you are 8 years you are the "coolest" kid based on how much candy you rake in on Halloween night!  I am going to let you in on a little Incline Village Secret...Shhhh...don't tell anyone....MILLCREEK.  What's that mean?  Millcreek is a neighborhood here in Incline Village long known as the best area for families - and families mean lots of kids - and lots of kids means lots of candy!  If you want to be the coolest kid and rake in the most candy - then Millcreek is the place for you.  Parental note:...what makes Millcreek so great for trick or treating is that it is mostly flat and it is easy to track back to the car if so needed. How to get there...To get to Millcreek drop down onto Lakeshore Blvd.  If you are coming from the West go past the Hyatt make a left on Selby.  Park the ...
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By Tracy Saunders
(Chase International)
I had a client ask me today what the tax rate was for Washoe County Nevada - specifically Incline Village.  When folks ask simple questions I like to be able to give simple answers  - as figuring out our property tax rate here in Incline Village is a two step process I told them I would send them an email with that information (this is my way of saying ...I need to go back to the office and hunt down this formula and then send it to you).  The Treasure Hunt Begins...I went back to my office and typed in on google Washoe County Property Tax Formula...up came the Washoe County Assessors Site.  Unfortunately as you can see from the link it was a "fluffy" description not a formula. NEXT...I called two of my more experienced real estate friends who work for two different companies - hey I fi...
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By Tracy Saunders
(Chase International)
I am giddy with anticipation - tomorrow at 9:00am I will stride into the Incline Village Recreation Center and join my fellow community members as we punish our bodies in anticipation of the upcoming ski season.  Tomorrow starts the now famous Winter Conditioning Class.  I know I will wake up Tuesday morning sore..sore..sore but I also know that when opening day at Diamond Peak rolls around this old body will be ready.  If you ever saw the movie GI Jane - this class is it!  10 circuts of 2-3 minutes each - run don't walk between each circut.  You will challenge your body and your brain.  My brain still seems to think I can look like Demi Moore in that movie - but hey I can dream can't I?  You will work on all parts of your body from balance and flexibilty to core strength and aerobic ex...
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By Tracy Saunders
(Chase International)
Looking to find that real down home pumpkin patch close to look no further than the Corley Ranchin Gardnerville Nevada.  Start yourday in the Corn Maze- answer some basic questions about Nevada and manage to find your way back out and you are rewarded with a prize - no cheating leave the iphone at home.  Being the city slicker that I was - I had to ask how they make the corn maze - I thought they grew a big field and then chopped down the corn - nope...they plan the whole thing out BEFORE they even plant the corn!  Pig racing - now I never saw that growing up in NYC - through the eyes of a 5 year old it was magical.  In true Nevada tradition you can pan for gold or have the little ones burn up some energy in the bounce house.  Feed the goats and animals in the petting zoo or pay a littl...
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By Terry Rasner-Yacenda, "Dreams Realty"
(Broker,Owner - Dreams Realty)
Hi Northern Nevada Neighbors, This IS A NEW FEATURE of my Active Rain Localism blog -- a place for local folks to read about my LISTINGS UNDER CONTRACT and as a reminder of the great deals out there in the Northern Nevada real estate market!  This is a 26 year Condo/Townhome in the exclusive Incline Village at Lake Tahoe.  This place is truly awesome!  This two story condo/townhome has 1,711 sq. feet of living space, with 2 bedrooms and 2 bathrooms.  This place and condo complex is loaded with extras. Review the property's features, and then follow the link below to photos and more information.  Check it out, you'll be impressed! Check out my real estate home page for more information on this property! Property Location929 Northwood BoulevardIncline Village, Nevada  89451Listing ID: 178...
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By Lexi Cerretti
(Intero Real Estate Services)
August 2-13 New Market Activity 10 new single family homes were listed in Incline Village since August 2, along with 6 condos. There are 23 pending sales including 9 homes, 5 town homes, 7 condos, 1 lot and 1 investment property. 4 sales closed (2 homes, 1 town home and 1 condo) and there were 32 price changes! Two fantastic new listings in Lakeview Subdivision, both priced just under $1.5M are new to the market. Both located on Ophir Peak just 2 blocks from Lakeshore Blvd. and walking distance to both beaches, these homes are newer construction both with great features. 842 Ophir Peak is located on a creek with a great layout and 3 car garage. 834 Ophir Peak features 4,331 sq ft on nearly 1/2 acre and an open feel- this would be a great remodel! Other great buys include a new listing a...
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By Lexi Cerretti
(Intero Real Estate Services)
A blue bird day Friday for the 36th Concours d'Elegance, Tahoe's premiere classic boat show. featuring classic wooden boats from Gar Wood, Hacker, Chris-Craft, Riva, Century and the Thunderbird. Boats of the '20s are featured as a marquee class this year.The 36th Annual Lake Tahoe Concours d' Elegance began Thursday, August 7 with the "VIP Preview" Day and continues on Friday and Saturday, August 8-9. View all Boat Show Photos at BuyTahoeHomes.com
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By Lexi Cerretti
(Intero Real Estate Services)
After attending the INMAN connect technology conference in San Francisco last week,there is no doubt about it ,that video is the platform for marketing real estate now and the future.With the next generations of 20-30 somethings all engaged in social networking on MySpace,Facebook, and engrossed in Youtube and like media,this is the new way for screening and shopping for homes.So get your flip cameras ready and be ready to build this into your marketing plan. I am a firm believer in that providing a quality digital package, combined with unlimited distribution on the www is a necessity in marketing real estate.I am wondering though, who out there has had true success with actual videos,not virtual tours....but video, either with or without sound, in truly more than attracting buyers, bu...
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By Lexi Cerretti
(Intero Real Estate Services)
The numbers are in and sales for single family homes are down for the 1st half of 2008 compared to the same period in 2007. It seems there are lots of buyers on the sidelines looking for good deals, and weakening sales prices offer more opportunities, especially if you know which sellers are motivated. The median price for an Incline Village home sank to $1,042,500, down 13% from the median price in the first half of 2007 at $1,200,000. The average price was down 17% to $1,419,464 from $1,708,492 in 2007. (Based on data I compiled from the Incline Village MLS, EXCLUDING PUD's). The median price for a condo in Incline Village dropped to $489,000 from $587,500 in the first half of 2008 from that period last year, a decrease of 17%. The average price for a condo was down 20%. The lowest pr...
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By Terry Rasner-Yacenda, "Dreams Realty"
(Broker,Owner - Dreams Realty)
Hi Northern Nevada Neighbors, This continues to be a popular feature of my Active Rain Localism blog -- a place for local folks to read about my listings, and incredible deals.  This is a 26 year Condo/Townhome in the exclusive Incline Village at Lake Tahoe.  This place is truly awesome!  This two story condo/townhome has 1,711 sq. feet of living space, with 2 bedrooms and 2 bathrooms.  This place and condo complex is loaded with extras. Review the property's features, and then follow the link below to photos and more information.  Check it out, you'll be impressed! Check out my real estate home page for more information on this property! Property Location929 Northwood BoulevardIncline Village, Nevada  89451Listing ID: 178  click for directions   DESCRIPTION Condo/Townhome/Coop Property...
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By Carole Madrid
(Lakeshore Realty)
You can now read my Incline Village Real Estate Blog!
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By Mitch Argon, Reno-Tahoe Residential Real Estate
(CalNeva Realty)
For those of you familiar with the Lake Tahoe real estate market, you probably already know that Incline Village is among the priciest areas and has great community amenities, beaches, etc.What's surprising is the subprime fallout is even hitting such a high end and exclusive community.  I just posted a recent list of Incline Village Nevada Notice of Default and Notice of Sale Homes that have been filed with Washoe County from December 27, 2007 to January 11, 2008.There are a total of 10 properties in one of the "pre foreclosure" states.Take a look and let me know what you think!Mitch
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