Incline Village real estate: The East Slope – land of lake views
Special to the Sun-Bonanza
Weekly Real Estate Update
Statistics gathered from the Incline Village MLS on 6/26/16
Houses Condos PUDs
For Sale 146 86 25
Under $1 million 30 74 12
Median Price For Sale $1,689,000 $499,000 $1,085,000
YTD Sales 2016 68 80 18
YTD Sales 2015 58 81 15
New Listings 22
In Escrow 13
Closed Escrow 8
Range in Escrow $355,000 - $1,949,000
If you are traveling uphill on Country Club Drive above Highway 28 in Incline Village, the streets on your right that are carved into the mountainside (not including Ski Way and its offshoots) comprise the neighborhood that is generally referred to as the East Slope.
The parcels on the East Slope provide some of the most spectacular views of Lake Tahoe and nice sunny locations that you will find anywhere in our community.
While you can still find the occasional cabin or chalet that was built in the 1960s or 1970s, there are a significant number of newer homes that exude a mountain style elegance and luxury that will satisfy even the most discriminating buyer.
Since coming out of the Great Recession we have seen a number of properties in this subdivision undergoing major transformations including the occasional tear down and rebuild project.
As of this writing there are 13 single-family homes on the East Slope listed for sale on the Incline Village MLS. Prices range from a rather modest $800,000 for an 1,800-square-foot fixer-upper on Cristina, all the way up to nearly $6 million for a gorgeous panoramic lake view home at 790 Fairview.
Many of the properties have street to street lots of one half-acre or more. You will occasionally find nice size chunks of U.S. Forest Service land strewn throughout the neighborhood, which helps to provide an additional sense of privacy and makes some parcels more desirable than others.
With excellent sun exposure, properties situated on the East Slope tend to stay pleasantly warm in the winter time. Even the largest houses will generally have moderate heating bills when compared with similar size properties in other parts of Lake Tahoe.
Some homeowners have taken advantage of the power of the sun by installing solar panels which help to further reduce their monthly utility bills. And you would be hard-pressed to find a better place to enjoy spectacular sunsets!
The single-family home at 443 2nd Tee Drive priced at $1,350,000 is an excellent example of a typical property on the East Slope. It has a nice sized lot that is over a half-acre, and the house itself is just under 2,900 square feet.
The interior has been completely remodeled with high quality finishes such as slab granite countertops, stainless steel appliances, colorful slate flooring in the entryway, steam shower and jetted tub in the master suite.
You get lake views from a couple of different rooms and the open floor plan along with easily accessible decks from the living area makes it a great place for entertaining.
The large lots in this subdivision lend themselves to supporting grand lodge style houses along with mountain modern and even contemporary designs. Homes on the upslope tend to have driveways that are carved on an angle uphill into the mountainside, while houses on the downslope very often have relatively short, level driveways or sometimes just a parking pad.
Many of the places built on the downslope have a level entry into the great room and maybe even a master suite on the same floor with guest bedrooms, family rooms and game rooms located on the floors below. The architectural styles and landscaping are as varied as the tastes of the plethora of property owners in this subdivision.
If you like abundant sunshine, spectacular lake views and colorful Tahoe sunsets, then the East Slope may be just the right place to focus your search for a property on the Nevada side of North Lake Tahoe.
Don Kanare and Sabrina Belleci are the owners of RE/MAX North Lake. Read their blog and find weekly stats on their website at http://www.InsideIncline.com.
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