NOT LISTED FOR SALE

869 Lakeshore Blvd Incline Village, NV 89451

Estimated Value: $6,061,000

5 Beds
8 Baths
9,521 Sq Ft
$637/Sq Ft Est. Value

Last Sold December 23, 2020

Last sale price $25,000,000 $2,626 Per Sq Ft

Current estimated payment $42,095/month

Highlights

  • Lake View
  • 0.93 Acre Lot
  • No HOA
  • Incline High School Rated A-
  • Radiant Floor
  • Cooling System Mounted To A Wall/Window

About This Home

As of December 2020

Elegant ~ Sophisticated ~ Gracious.
Behind private gates in Incline Villages storied Lakeshore Drive is an estate created with exceptional attention to detail. Recently reimagined and redesigned by Richard Beard Architects and Weisman Group. As you depart the courtyard and enter the foyer you are immediately drawn to the beckoning lake.

The home unfolds as if a gift with highlights that include living room with multiple seating areas; formal dining room with butler’s pantry; enviable kitchen; spectacular master suite with lakeside balcony; gym; theatre and an exquisite office seldom seen in a private home. Gentle lawns, sandy beach and expansive shoreline add to the experience at 869.

Last Agent to Sell the Property

Jean Merkelbach

Engel & Volkers License #B.12934 Listed on: 10/19/2020

Engel & Volkers

Last Buyer's Agent

Jenna Rose Madrid

Lakeshore Realty License #BS.145777

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $87,485

Year Built

  • Built in 1997 | Remodeled

Lot Details

  • 0.93 Acre Lot
  • Level Lot

Property Views

  • Lake
  • Mountain

Interior Spaces

  • 9,521 Sq Ft Home
  • Radiant Floor

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Air
  • Heating System Uses Gas
  • Radiant Heating System

Community Details

  • No Home Owners Association
  • Ivgid Association

Listing and Financial Details

  • Assessor Parcel Number 12218127

Home Details

Home Type

Single Family

Est. Annual Taxes

$87,485

Year Built

Built in 1997 | Remodeled

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.93
  • Year Built: 1997
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Possible Use: Single Family
  • Full Bathrooms: 5
  • Half Bathrooms: 3
  • Total Bedrooms: 5
  • Living Area: 9521.0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Lot Features: Level
  • Topography: Level
  • View: Lake, Mountain(s)
  • View: Yes
  • Home Warranty: No
  • Property Condition: Updated/Remodeled

Utilities

  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Radiant, Gas, Radiant Floor
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Name: IVGID
  • Association: No

Lot Info

  • Parcel #: 12218127
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 87485.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2020
Closed on
Dec 21, 2020
Sold by
Stuff Steven and Stuff Claire
Bought by
Niku Llc
Seller's Agent
Jean Merkelbach
Engel & Volkers
Buyer's Agent
Jenna Rose Madrid
Lakeshore Realty
List Price
$39,000,000
Sold Price
$25,000,000
Premium/Discount to List
-$14,000,000
-35.9%
Current Estimated Value
$6,061,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,939,000
Avg. Annual Appreciation
-25.65%

Purchase Details

Listed on
Sep 21, 2012
Closed on
Feb 5, 2013
Sold by
Bluth Charles P and Bluth Cynthia C
Bought by
Stull Steven and Stull Claire
Seller's Agent
Jean Merkelbach
Engel & Volkers
Buyer's Agent
Lexi Cerretti
Compass
List Price
$13,988,000
Sold Price
$11,875,000
Premium/Discount to List
-$2,113,000
-15.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.93%

Purchase Details

Closed on
Dec 5, 1997
Sold by
Bluth Charles P and Bluth Cynthia C
Bought by
Bluth Charles P and Bluth Cynthia C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
6.75%

Purchase Details

Closed on
Apr 18, 1996
Sold by
Purdy Bruce B and Purdy Barbara G
Bought by
Bluth Charles P
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Niku Llc $25,000,000 First Centennial Reno
Stull Steven $11,875,000 None Available
Bluth Charles P -- Stewart Title
Bluth Charles P $3,500,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bluth Charles P $2,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/23/2020 12/23/20 Sold $25,000,000 -35.9% $2,626 / Sq Ft
11/23/2020 11/23/20 Pending -- -- --
10/19/2020 10/19/20 For Sale $39,000,000 +228.4% $4,096 / Sq Ft
02/13/2013 02/13/13 Sold $11,875,000 -15.1% $1,188 / Sq Ft View Prior Sale
01/14/2013 01/14/13 Pending -- -- --
09/21/2012 09/21/12 For Sale $13,988,000 -- $1,399 / Sq Ft
Source: Incline Village REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $119,537 $4,509,618 $3,150,000 $1,359,618
2024 $119,537 $4,208,473 $2,835,000 $1,373,473
2023 $82,907 $3,821,519 $2,520,000 $1,301,519
2022 $102,806 $3,045,806 $1,890,000 $1,155,806
2021 $94,874 $2,873,100 $1,732,500 $1,140,600
2020 $89,485 $2,704,203 $1,575,000 $1,129,203
2019 $87,264 $2,504,588 $1,426,698 $1,077,890
2018 $87,339 $2,526,284 $1,426,698 $1,099,586
2017 $84,816 $2,443,976 $1,345,932 $1,098,044
2016 $82,709 $2,377,853 $1,257,890 $1,119,963
2015 $41,351 $2,383,808 $1,257,890 $1,125,918
2014 $80,315 $2,310,160 $1,257,890 $1,052,270
2013 -- $2,334,617 $1,257,890 $1,076,727
Source: Public Records

Agents Affiliated with this Home

  • Jean Merkelbach

    Seller's Agent in 2020

    Jean Merkelbach

    Engel & Volkers

    (775) 588-7710

    6 in this area

    167 Total Sales

    Jean Merkelbach
    Section Image
  • Jenna Rose Madrid

    Buyer's Agent in 2020

    Jenna Rose Madrid

    Lakeshore Realty

    (775) 846-3856

    38 in this area

    46 Total Sales

    Jenna Rose Madrid
    Section Image
  • Lexi Cerretti

    Buyer's Agent in 2013

    Lexi Cerretti

    Compass

    (775) 833-1646

    23 in this area

    40 Total Sales

    Lexi Cerretti
    Section Image
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Map

Source: Incline Village REALTORS®

MLS Number: 1008156

Incline Village REALTORS®

APN: 122-181-27

Nevada Washoe County Incline Village 89451

869 Lakeshore Blvd, Incline Village, NV

This home is located at 869 Lakeshore Blvd, Incline Village, NV 89451 since 19 October 2020 and is currently estimated at $6,061,000, approximately $636 per square foot. This property was built in 1997. 869 Lakeshore Blvd is a home located in Washoe County with nearby schools including Incline Elementary School, Incline Middle School, and Incline High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Incline Village REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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