It wasn't long ago that you could not buy a property in the Millcreek area for less than $600K. Now prices on the older inventory there have dropped solidly under $500k. Spec builders used to comb the area for old 60's tear downs for the land, to in turn, build large, $2M plus homes.
MILLCREEK AREA MLS ACTIVE LISTINGS
If you are thinking about buying in Incline before the summer sell / buy season, now is a good time to research Millcreek. It's a widely recognized, desirable area to locate within because of the proximity to; Incline Beach, the Recreation Center, Tennis Center and Hyatt amenities.
Below is one of the many spec homes built and sold in the Millcreek area. I expect the trend to continue when the market moves up again. We are definitely seeing solid interest again in Incline real estate. Prospects want to get in the market while it has become relatively affordable. Those days are rare in the Lake Tahoe market, expecially on the Nevada side and even more so in Incline Village.
Write me at Randy@RandyBull.com, or call 775.771.7338, for Incline Village real estate information.
Write me at Randy@RandyBull.com, or call 775.771.7338, for Incline Village real estate information.
