Central

 

The “Central” subdivision in Incline Village has the largest concentration of condominiums and townhomes of any Incline Village neighborhood. Build dates of properties here range from 1962 for the Toepa Complex to 2013 for the small Wood Creek community. This subdivision is considered very low elevation, from just above lake level to 6,500ft. Snow load here will be minimal and many streets and roads are school bus routes, meaning they will be plowed promptly and thoroughly.

HOAs Within the Central Subdivision

Central Subdivision, both “Central S of HWY28” and “Central N of HWY28”, have a total of 40 unique HOAs. With such complexity, it’s important to have a real estate agent that knows the inventory and who knows the differences. HOA fees range from $150/mo for a small Willow Ct complex to $877/mo+ for the largest Third Creek condos. Amenities of associations also have large differences. Whereas Willow Ct may cover very little, Third Creek is complete with an outdoor pool, hot tub, tennis courts, clubhouse, fitness room and locker rooms. HOA dues here also cover common insurance, common area maintenance, building maintenance, water, sewer and trash. 

Market Statistics

There were 83 condo and townhome sales in the Central Subdivision during 2019. Sales ranged from $250,000 – $1,650,000. The median sale price was $534,000.

Sold Condos/Townhomes During 2019 – Central Subdivision

Central Subdivision Market Report – Past 30 Days

The Central Subdivision is equally as popular with both owner-occupants as it is for renters. A large population of families occupy homes full-time here and are active members in the Incline Village community. The attraction for homeowners and renters alike is the close proximity to downtown Incline Village as well as 90% of the town’s amenities. Within walking distance are Incline Beach, the Raley’s Shopping Center, and the Recreation Center, just to name a few.

Central Subdivision Market Expert

In Incline Village and Lake Tahoe, it’s important to work with someone who lives and works here. Cole knows the ins and the outs of the local Incline Village real estate market and can help guide you, ultimately ending in a seamless and stress-free real estate transaction. 

There are occasionally sales that happen “off-market” in the Central Subdivision. In order to not “miss out” on your Lake Tahoe dream home, contact Cole today as your qualified real estate specialist for the neighborhood. 

Cole is a Certified Luxury Home Marketing Specialist (CLHMS), specializing in properties in excess of $1M. 

Ready to buy or sell real estate? Contact Cole.