West Shore
March 6, 2010
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The West Shore of Lake Tahoe is between Tahoe City and Emerald Bay. Here you can experience the best of Lake Tahoe recreation and spectacular scenery. With options such as water skiing, snow skiing, hiking, biking, camping, fishing and rock climbing, everyone will find an activity to suit their lifestyle. Some of the more popular sites to see in the summertime when visiting or living on the West Shore are Sugar Pine Point State Park, Vikingsholm Castle in Emerald Bay, the Tahoe Maritime Museum, and Meeks Bay. Popular resorts for winter time activities along the West Shore are Homewood and Granlibakken.
Housing on the West Shore is just as varied as the activities, with properties ranging from your typical “Tahoe Cabin” to a luxurious condominium complex. Also found on the West Shore are many types of subdivisions, perfect for either the local resident or the second home owner who wants to become a part of the fascinating natural beauty of Lake Tahoe. Each development has different amenities, so having an agent familiar with the area is a necessity when looking to purchase a home here.
Truckee Real Estate – Grizzly Ranch
March 5, 2010
What’s new with Grizzly Ranch?
As you may know the development has been for sale for some time. This is still the situation and the present owners are hopeful to resolve this soon.
Regarding the existing homes, the Grizzly HOA is running normal activities like snow removal, property & building maintenance etc. The HOA is being managed by Associated Management in Reno. I have contact information should you wish to contact them.
Let me know if you want to go up and check out some homes or land.
Truckee Real Estate – Old Greenwood, Grays Crossing
March 5, 2010
What’s New With the East West partners Properties?
As mentioned in my blog, several posts down, East West Partners has filed for Chapter 11. This has put excessive price pressure on the properties in Old Greenwood and Grays Crossing. There are some very good deals, with the associated risk, that are popping up. Shared ownership properties in Old Greenwood are selling for under $30k in some cases. Lots and homes in Grays Crossing are severely depressed from a year or two ago.
If you’re not completely risk adverse, let me know if you want to go check out some homes or land.
Martis Camp
February 26, 2010
Martis Camp is the jewel of the Truckee area – a private, gated community that stretches across 2,100 pristine acres in Martis Valley between Truckee and the North Shore of Lake Tahoe. The park-like masterplan blends 650 properties into the 2100 acres with prices starting in the $500,000’s for homesites.
Use the above quick search tool to search for land or homes.
Along with the Tom Fazio course, Martis Camp provides Club Members with precedent-setting direct ski access to Northstar. The Martis Camp Express ski lift takes Club Members and their guests directly from Martis Camp to the top of Lookout Mountain in just 6 minutes—providing full access to the entire Northstar™-at-Tahoe Resort. In addition to these premier ski and golf experiences, Martis Camp will offer a wide array of amenities, including a Dick Bailey designed 18 hole Putting Course, a 50,000 square-foot Camp Lodge, which includes a Club Day Spa, Fitness Studio, Outdoor Vitality and Lap Pools, dining areas and locker rooms. Additionally, over 26 Miles of Hiking and Skiing Trails, a Tennis Facility and a Family Barn featuring a Theater, Old Fashioned Soda Fountain, Bowling Lanes, Basketball Court, Performance stage, Outdoor Concert Park and Art Loft are also included.
Surrounded by the stunning natural beauty of the California High Sierra, Martis Camp presents an epic year-round Tahoe lifestyle that is without parallel. A place where fast friendships can be forged, common interests can be enjoyed, and passionate hobbies pursued. The steady offering of Martis Camp’s thoughtful amenities brings the vision for such experiences to life—stirring the soul, nudging the sense of adventure, and bringing family, friends and neighbors together.
The Lodge at martis Camp is under construction. This will be a 50,000 square-foot Camp Lodge (Club House) with formal and casual dining venues, fitness studio, club spa, men’s and ladies locker rooms, outdoor lap and vitality pools. (under construction)
Martis Camp Lodge
A Grand Vision
A private 2,177-acre golf and ski community of great distinction is emerging in Tahoe, inviting a unique and impressive lifestyle experience for Club members. It is unique because it offers opportunities for living and recreating so seldom found. It is impressive because it’s the perfect marriage of tradition and creative development—embracing all that’s epic about Tahoe, while introducing innovative design that captures the imagination. We invite you to discover the vision of Martis Camp, where there truly is breathing room for the soul.
A Vision of Purposeful Amenities
The Fazio Golf experience and the private ski access to Northstar-At-Tahoe™ Resort truly set Martis Camp apart, just like other engaging amenities here—all of which are rooted in an abiding vision to promote family time, great friendships, and memorable moments, including:
- Tom Fazio Golf
- Private ski access from within the heart of Martis Camp to Northstar-at-TahoeTM Resort, including winter Warming Hut with ski and boot storage, lounge and sun deck
- 50,000 square-foot Camp Lodge with dining venues, golf club house, lap and vitality pools, and club spa
- Family Barn with art loft, bowling lanes, outdoor swimming venue, movie theatre, basketball courts, ampitheatre, and nostalgic soda fountain
- Park Pavilion and Sporting Fields for croquet, bocce ball, soccer and more
- Over 20 miles of Community Trails
- 18-hole Dick Bailey Putting Park
- Lost Library and Folk School
- Tennis Pavilion and courts
Your Own Private Sanctuary at Martis Camp
With elevations on this grand property ranging from 5,900 to 7,100 feet, there are compelling views of the abundantly expansive land, which affords true solitude and margin. And with a maximum of 653 homesites in 2,177 acres, terms like solitude and margin take on real meaning, allowing owners to build their dream Tahoe estates. With over $150 million in homesites sold in the first twenty months, the excitement continues to grow and now is the time to solidify your legacy at Martis Camp. The offerings at Martis Camp consist of Estate Homesites, ranging from approximately one to four acres, as well as Cabin Homesites centrally located to Club amenities.
DISCLAIMER
Some of the Club amenities described above are proposed but not yet built. Access to and use of the Club amenities are not included in the purchase of homesites and require separate membership. Obtain and carefully review the offering circular for Martis Camp Club before making any decision to purchase a membership. All features, dimensions, drawings, renderings, plans, and specifications are conceptual and subject to change without notice, and Developer expressly reserves the right to modify, revise or withdraw any or all of these at its sole discretion. This advertisement does not constitute an offer to sell real property. The information provided in this advertisement is strictly for informational purposes and shall not be construed as an offer in California or any other jurisdictions where prior registration or other advance qualification of real property is required. This is not an offer to sell property to, or a solicitation of offers from, residents of NY, NJ, CT, OR, or any other state that requires prior registration or qualification of real estate. Prices are subject to change without notice. Obtain the Property Report or its equivalent, required by Federal and State law and read it before signing anything. No Federal or State agency has judged the merits or value, if any, of this property.
Home Buyers Tax Credit – need contract in place by 4/30/10
February 26, 2010
Qualified 2009 and 2010 first-time home buyers can get up to 10% of the home’s purchase price or a maximum of $8,000. In November 2009, legislation extended a tax credit of up to $6,500 (or up 10% of the home’s purchase price) to long-time residents of the same primary residence if they purchase a new main home. To qualify, eligible taxpayers must show that they lived in their previous homes for a five-consecutive-year period during the eight-year period ending on the closing date of the new home.
Important details to remember:
1) You don’t have to pay it back (as long as you stay in your qualified home for at least 36 months).
2) If you qualify for the credit, you can still apply it to this year’s taxes, even if you’ve already filed your returns, or save it for your 2010 returns.
3) This is a true tax credit, not a deduction. If you qualify for the full credit, there will be an actual dollar-for-dollar reduction of up to $8,000 (or up to $6,500 for qualified repeat buyers) on your tax bill now or in 2010.
4) New income qualification limits have been put in place that expanded the pool of qualified buyers.
5) If you purchased a qualified home or plan to after reading this article, you must have a contract in place by April 30, 2010 (with closing to take place by June 30, 2010), so don’t wait!
There are, of course, other details and qualification requirements and restrictions that you’ll need to consider. But don’t hesitate to give us a call if you have any questions. Also, if you happen to have your completed 2009 tax return handy, we’ll help you calculate how much money you can get if you purchase a home and qualify for the full credit.
Article written by:
Kimberly Wydra
Broker Associate #00981565
Delta Home Loans
Phone: 530-478-8383
