Incline Village, Nevada
John C. Fremont was the first European explorer to record the sighting of Lake Tahoe, in Feb. 1844. His exploration party was guided by the legendary Kit Carson. Lake Tahoe became a bustling center of commerce in the 1860s during the height of silver mining in Virginia City. The Central Pacific Railroad extended to Truckee.
In the summer of 1873, Walter Scott Hobert had established the Sierra Nevada Wood and Lumber Co. In September 1880 and by October, he had completed a stream-powered sawmill half a mile from the lake in the area known now as Millcreek. By fall, 1897, Incline Village was nothing but stripped forest land.
George Whittell’s purchase in the 1930s of 44,000 acres of Nevada land ensured that Tahoe’s north shore would not become a commercial wasteland.
Incline Village was formed in about 1960, and since then, land has been built to capacity, leaving few buildable lots remaining at the turn of the 21st century.
Due to Nevada’s tax advantages, many wealthy families have taken Incline Village to be their “primary residence.” So many of these families have come that the billionaires are forcing out the millionaires. In most cases, the limited supply of property and the high demand have pushed property values way up in Incline Village.
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