Six McCloud Condo Sales for 2012 YTD as of 9/5/12

LINK: McCloud condo sales year to date

McCloud sales are healthy with six units sold this year to date as of 9-5-12.

When unit sales are active in this complex it indicates that the market has solid buyer interest in Incline.

The complex now has 9 active listings and 4 escrowed units.  Last winter the number of listings was usually in the middle teens.

Sales prices for the most typical two bedroom are around 400k.  There was one short sale that sold for only 315k.  A 1300+ s.f. two bedroom unit sold for 450k.  In general, the data points toward healthy sales with the occasional foreclosure affected deal moving through.

The McCloud barometer for the Incline market receives a thumb up.




Thank you for viewing the Lake Tahoe / Incline Village / Crystal Bay Real Estate Blog.  For more info or discussion contact me directly at Randy@RandyBull.com or 775-771-7338.

JUST SOLD - McCloud unit 234, 931 Incline Way - Asked: $425k Sold: $350k

LINK: MLS Sale data for McCloud unit 234

This unit was listed on 6/30/11 and the deal was a short sale.



Thank you for viewing the Lake Tahoe / Incline Village / Crystal Bay Real Estate Blog.  For more info or discussion contact me directly at Randy@RandyBull.com or 775-771-7338.

MCCLOUD CONDOS ARE SELLING - PRICES REMAIN LOW

McCloud unit 96, a one bedroom penthouse unit, is now priced at $279,000.  That asking price should attract buyers.  The complex has a great location, is close to Incline Beach, the recreation center and the tennis complex.  McCloud units are relatively small in square footage but easy to own and they rent well as vacation rentals.

LINK: ACTIVE MCCLOUD LISTINGS as of 4/29/2011

There are currently nine active McCloud condo units on the market.  That number is down quite a bit when compared to last summer's selling season when there were typically about 15 units for sale.  Two units are currently in escrow.

Three bedroom units are now priced in the 500k to 600k range.  Two bedroom units are ranging from about 350k to 450k, depending on size, location and condition.  There is one one-bedroom unit on the market and it is listed at $279,000.

The inventory is being absorbed but prices are still at market lows relative to historical pricing.  Before the economic meltdown, the two bedrooms were running over 500k and the three bedrooms were in the high 700k area.

Thank you for viewing the Lake Tahoe / Incline Village Real Estate Blog.   For more info or discussion contact me directly at Randy@RandyBull.com or 775-771-7338.

Incline Village real estate: Lower-priced condos in demand | TahoeBonanza.com

Follow the link below to read a good analysis of the current status of the condo market here in Incline Village.  Thanks to Don Kanare and the Tahoe Bonanza for the number crunching and publication.

INCLINE VILLAGE, Nev. — The Incline Village real estate market is off to a good start in 2012 with sales occurring in every price range up to $6 million during the first quarter. One sector of the market seeing a disproportionate amount of activity is the lower-priced condos in Incline Village and Crystal Bay.

LINK:  Incline Village real estate: Lower-priced condos in demand | TahoeBonanza.com

A Mountain Shadows Condo Interior - 3 bedroom.  Current pricing in the complex finds units available for less than $300,000.

FOUR 3 BEDROOM CONDOS UNDER $200,000

LINK:  Four Incline Village 3 bedroom condos priced under $200,000.



Thank you for viewing the Lake Tahoe / Incline Village / Crystal Bay Real Estate Blog. For more info or discussion contact me directly at Randy@RandyBull.com or 775-771-7338.

GREAT TIME TO BUY IN A LAKEFRONT CONDO COMPLEX

There is probably no better time to buy a lakefront complex condo than this winter.  Follow this link to view the 13 current offerings in the MLS.


501 Lakeshore, Lakeshore Terrace Complex, 2 bed, 3 bath, 2 car, 2,026 s.f., $1,698,000

Thank you for viewing the Lake Tahoe / Incline Village / Crystal Bay Real Estate Blog. For more info or discussion contact Randy Bull directly at Randy@RandyBull.com or 775-771-7338.

CABINS IN THE WOODS - FREESTANDING UNITS CURRENTLY LISTED IN INCLINE VILLAGE, NV as of 6-21-11

LINK TO CURRENT MLS ACTIVE LISTINGS OF FREE STANDING CONDOMINIUMS.


For additional information regarding this post contact me directly at Randy@RandyBull.com or 775-771-7338.

CONDO LISTING UPDATE as of 6-21-11

LINK TO ALL INCLINE VILLLAGE MLS CONDO LISTINGS AS OF 6-21-11. LISTED BY COMPLEX NAME.


Third Creek, unit 112, $598,000.

For additional information regarding this post contact me directly at Randy@RandyBull.com or 775-771-7338.

ALL CURRENT MLS CONDO LISTINGS IN INCLINE VILLAGE / CRYSTAL BAY

MLS ACTIVE LISTINGS IN LAKESHORE TERRACE - A FAVORITE LAKEFRONT COMPLEX as of 5-8-11

Lakeshore Terrace is a great complex which is directly on the water with an excellent pier and many boat buoys.  There are a variety of unit types and many units have large garages, which are very rare with lake front condos which were originally constructed for only vacation use.

Unit 15 is my current favorite within this complex.  Follow the link above to view the MLS information.

For information regarding availability and characteristics, write me at Randy@RandyBull.com.

MLS - LAKEFRONT COMPLEX CONDO LISTINGS FROM $769,000 as of 5-7-11 - CLICK HERE

This group of lake front complex MLS condo listings includes some attractively priced units.  Some include availability of a boat slip and/or a buoy.  All include lake front access as part of the complex.  My view of such listings is that they represent some of the most valuable property Incline has to offer.

Send your questions regarding any of these listings to Randy@RandyBull.com.
 

MLS LISTED - AFFORDABLE CONDOS PRICED UNDER $300,000 (34) as of 5-6-11

This list has been steadily growing as we travel into the spring and early summer listing and selling season.  Listings within this group are included regardless of number of bedrooms and / or square footage.

If you see something of interest and have questions, write me at Randy@RandyBull.com.

MLS - APRIL CONDO SALES ACTIVITY

Click this link to view detailed April condo sales information.  The bottom of each listing report displays the ask price, sale price and sale price per square foot.

JUST SOLD / MLS - 1000 LAKESHORE CONDO UNIT 6 - ASK: $613,000 SOLD: $600,000

Turnkey units such as this one, which was priced accurately and well located, are selling well in this current market.  Buyers want a ready to use, comfortable property, close to Incline's great amenities.

This unit is a mountain styled beauty in a very good location.  Interior features slate and carpet flooring.  Sunny and bright.  Large windows with views of trees & common area.  Over 1,900 sf, 3 BR 2.5 BA, garage.  Directly across the street from the Hyatt Regency Lake Tahoe and Incline beach front.

MLS CONDO SALES: APRIL (7)

APRIL MLS CONDO SALES DETAILS - FOLLOW THIS LINK

LAKEFRONT CONDOS ARE NOW ATTRACTIVELY PRICED (16) as of 4-9-11

LAKEFRONT CONDO COMPLEX LISTINGS

JUST SOLD - 830 ORIOLE #5 - ASK: $359,000 SOLD: $347,000 as of 4-7-11

This unit in White Pines sold for what I believe is a very attractive price.  The unit square footage, at 1,752, with 3 beds, 3.5 baths and a 2 car garage, is large enough to be what I term a residential condo.  It is not just a getaway vacation unit but large enough to be occupied full time.  The two car garage is rare at this sales price level.  The condo has also been remodeled.

Units are selling well in this condominium complex.  The older, sister complex next door, Royal Pines, is also seeing sales turnover.  It's a challenge to find decent, turnkey properties in this price area and this buyer did well.

If you have an interest in viewing listings of this type, please call me at 775-771-7338.

DISTRESSED CONDO UPDATE as of 4-6-11

Follow the link above to this group of MLS listings that have been identified by the listing agents as having short sale or bank owned status.

Call me at 775-771-7338 or write to Randy@RandyBull.com for back story details.

JUST SOLD - 121 JUANITA - FOREST PINES UNIT 236 ASK: $229,777 SOLD: $199,000

This Forest Pines unit was just sold for $199,000 and that looks like a great buy to me.  The complex is in terrific condition and contains amenities including a pool, spa and clubhouse.  It is also walkable to Incline Beach and is located at low elevation which is an advantage in this year of awesome snowfall at 175% of average.

Many buyers are not interested in one bedroom units but I believe they are often the most practical to own.  If the owners want to rent the property on a vacation rental basis they can generate enough net cash flow to offset the taxes and homeowner dues.  They are great alternatives to hotel rooms because of the inclusion of a kitchen and more living space for entertainment.  At the same time, they are relatively easy to setup and maintain.

If you have an interest in Incline's best prospects to buy for maximum rental return, write me at Randy@RandyBull.com.  I'll forward a list of condo complexes for your review.

JUST LISTED - 194 VILLAGE - ALTA VILLAGE CONDO - ASK: $599,000

Custom designed & professionally decorated, this unit shows beautifully.  It has a low elevation, central location.  It is very walk to Incline Beach, the Recreation Center, Tennis Center and Starbucks.

The floor plan includes three bedrooms, all with baths and has an excellent, very large chef's kitchen with extensive cabinetry and storage.   

There is a common area view and the complex,  Alta Village, is small.  It includes an attached one car garage and has efficient 3 zone hydronic heat.

This listing is offered fully furnished with only a few exclusions which is of great benefit when buying a vacation home.

If you are in the market, compare this offering to Third Creek, McCloud and L'ermitage units.

Call Randy directly for a tour at 775-771-7338.