Incline Village New Listings

Broker’s Open House tour yesterday had a  couple of interesting listings and a couple of over priced  properties. Lets start with the values:

1000 Lakeshore- unit 22 listed for $498,000, unfurnished, 2 bedroom 2 bath one car garage unit located directly across the street from the Hyatt Hotel. This is an ideal ground floor unit with living on one level and just a block from the local private beach, Hyatt, recreation center and Lakeshore Blvd. It is a cute little get away in good condition with one little extra feature a back door to the unit which serves as a washer/dryer set up and a door leading you to the garage. Overall this could be one of the best 2 bedroom units on the market for condition and location.

160 Pine Cone Road- This sold last year for $1,350,00 with only a week on the market and listed today for $1,430,000 which keeps it in realm of possibilities for someone looking for a one level home, on a beautifully landscaped parcel, bordering a  year round stream. The house is 2512 sq ft., 3 bedrooms, 2 car, 2.5 baths, unfurnished. If Millcreek is on your list of considerations it is worth a look.

590 North Dyer- A definite tear down and it may be tough to get your clients through the front door since this is in pretty bad shape inside. The lot is level and spacious and I view this as a lot value property which is pushing the envelope at $649,000. Bank owned property.

896 Donna Drive - This location and level usable backyard make this a good value for a family especially with its close proximity to schools, shopping and a family friendly neighborhood. The house has a functional layout and feels bigger then the 2586 sq. ft., 4 bedrooms, 3 car garage. The driveway is South facing so snow will melt quickly. Priced at $950,000 a substantial drop from previously list price of $1,200,000.

There are currently 9 homes under contract of which 5 are foreclosures and the other 4 are are list priced between $2 million – $3,995,000.

There are 5 condominiums under contract with 4 out of 5 under $500,000.

Two Planned unit developments (town homes) are under contract priced below $800,000.

Our office activity has picked up with walk-in traffic and Internet inquiries a promising sign for an increase in buyer activity in February.