Incline Village, Nev.
1 2 2
Price: $998,000
Beds and baths: 4 and 3.5
Square feet: 3,012
Discount: 10%

Less than a four-hour drive from San Francisco (under two from Sacramento), the West side of the Sierras is known for massive snowfalls -- and great skiing. Nearby Heavenly Mountain Resort gets an average of 30 feet of powder a year.

This home, which sits in the mountains overlooking Lake Tahoe, is located on a landscaped lot with tall pines. Inside, there's a fieldstone fireplace, vaulted ceilings, a master bedroom suite on the ground floor and another suite upstairs. Some of the rooms have double rows of windows, enabling plenty of light to stream in.

The home's current listing price of just under $1 million is about 10% less than what it last sold for in 2005. But, according to Zillow, the property was valued for as much as $1.3 million back in 2006.

For further information: Trulia

  @CNNMoney - Last updated December 14 2012 05:37 AM ET
Join the Conversation
Top 10 cities people are moving to

Whether it's the warm weather, jobs or cheap cost of living, these are the top 10 cities Americans are moving to, according Penske Truck Rental's annual list.

Real Estate Calculator

Was my home a good investment?

Find out now
Find Homes for sale
  • Property Type
  • Find a home in:
    New York | Atlanta | Chicago | Los Angeles
    Washington D.C | Houston | Philadelphia | More options
Overnight Avg Rate Latest Change Last Week
30 yr fixed4.36%4.24%
15 yr fixed3.39%3.26%
5/1 ARM3.36%3.27%
30 yr refi4.34%4.22%
15 yr refi3.38%3.24%
View rates in your area
Find personalized rates:
Rate data provided
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.