Millcreek

 

Homes in the Millcreek Subdivision are desired by both year round residents and second homeowners. Their desire comes from several factors that set Millcreek apart from nearly any other subdivision in Incline Village. The main factor is walkability. It’s an easy walk to Incline Beach, the Hyatt Hotel & Casino, the Country Club Mall, and the East Shore Trail. The Country Club Mall is home to great restaurants including Austin’s, Fumo, Mountain High Deli, and La Fondue. Moreover, Millcreek is still close to the Raley’s Shopping Center; it’s roughly 1.3mi from the center of the neighborhood.

Another key attribute of the Millcreek Subdivision is it’s low elevation. Sitting at 6,225ft, snow load is minimal. Homeowner’s can count on ease of access no matter the time of year. Furthermore, homes here have an average lot size of 0.35ac and nearly every lot is level and usable. It’s an easy choice for families relocating to Incline Village. 

With just 276 parcels, properties in Millcreek are rare. The majority of these properties are single-family homes. However, there are a few condominium complexes as welled as freestanding condominium complex.  The Tahoe Regional Planning agency governs buildable square footage based on several factors, including; slope of the land and quality of the soil. Millcreek holds one of the highest buildable percentages out of any subdivision in Incline Village. Thanks to the level geography and generous lot sizes, tear downs and new builds have become fairly common in Millcreek.

 

 

During 2019, there were 11 single-family homes sold within the proper “Millcreek”. These homes ranged in price from $775,000 to $4,060,000. The median selling price was $1,398,000. 

There was also a home in the gated enclave of Country Club Estates that sold for $4,700,000. Furthermore, there was also a home on the lake-side street of Debra Lane that sold for $11,600,000.

Sold Single-Family Homes 2019

Also sold during 2019 were 4 Country Club Villas freestanding condos. These condos are 2,134SF, with 3 bedrooms, 2.5 baths and attached 2-car garages. Selling prices of these units ranged from $1,237,500 – $1,390,000, with the median price being $1,335,000.

Sold Freestanding Condos 2019

Finally, there were 7 condos sold during 2019. Selling prices ranged from $492,000 – $805,000, with the median selling price being $735,000

Sold Condos 2019

 

 

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 Millcreek. 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.