Martis Camp – Hottest Real Estate Buy in U.S. Today!
December 10, 2009
$35 Million Sales in 2009 for Martis Camp Defies Economy, Making Tahoe’s Four-Season Family Retreat Hottest Real Estate Buy in America
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TRUCKEE, Calif., Dec. 7 /PRNewswire/ – Developers of Martis Camp, a very successful private real estate community located in North Lake Tahoe, announced 50 sales in 2009 equaling $35 million during the worst economy in 70 years, making it the hottest real estate buy in the U.S. today.
Sixty-one percent of the sales were from buyers in the San Francisco Bay area, and 20 percent are from Southern California, according to Martis Camp Sales Director Brian Hull. “Martis Camp embraces everything that the iconic Lake Tahoe area has to offer and is engaging families with a mountain lifestyle that is not found anywhere else in the Western US,” says Hull. “Even in this economic climate, families are still making the financial commitment, which affords them the incredible lifestyle experience at Martis Camp.” Since sales were launched in 2006, more than 240 homesites, representing approximately $200 million in sales have been made.
Why? Martis Camp is a private, premier playground, offering families a year round, four-season retreat on the finest piece of land in Tahoe. “And Tahoe is really becoming the “in” destination now by wrapping the best every season has to offer into one place,” says Hull. ” Many families have a favorite ski destination and a favorite summer destination in a different resort area. But in Tahoe, you can enjoy all your favorite recreational activities anytime of year. Ski Magazine just recognized the area for an abundance of winter amenities and with the Ritz Carlton opening its newest hotel here, the area is simply hot!”
In the winter, club members at Martis Camp can enjoy direct ski access from Martis Camp to Northstar(TM)-at-Tahoe Resort via the Martis Camp Express quad lift. In the summer, they can enjoy exceptional golf on the 18-hole Tom Fazio-designed course, classes at the Martis Camp Folk School, reading in the Lost Library, listening to an evening concert at the Martis Camp Amphitheater, multiple outdoor adventure activities and much more. The Family Barn is a family recreation and entertainment complex that anchors the 2,177-acre private gated community. With a summer swimming venue, bowling alley, art loft, movie theater, indoor basketball court, soda fountain and outdoor concert park, the Family Barn is the consummate gathering place for year-round social events including dances, wine tasting, karaoke, volunteer events and summertime concerts. Owners view Martis Camp as a family playground offering unlimited access to the natural world with authentic experiences.
“From the design of the community Gatehouse to the Family Barn, Martis Camp is a big family place offering a National Park-like experience,” said Dean Rider of San Francisco. “I looked all over the country, coast-to-coast, for the ultimate family community. Martis Camp is exactly what I was looking for. We were looking for a vacation home where everyone in our family could bike, ski and hike.”
As 2010 approaches, Martis Camp is bustling with construction activity with 30 single-family custom homes currently under construction along with the $42 million clubhouse called the Camp Lodge.
Martis Camp is growing rapidly thanks to a financially sound and responsible development team. DMB/Highlands Group, LLC, is comprised of two of the country’s premier recreational-residential community developers, DMB Associates and Highlands Management Group. The team is responsible for the creation of Lahontan, North Lake Tahoe’s premiere golf course community. The developer’s track record and strength provides security to owners/prospects. “Martis Camp is an intelligent choice for second home buyers who want something year-round that appeals to all age groups,” says Hull. “We are successful in these difficult and challenging times because a ‘legacy’ purchase is in demand. Our Owners want something that’s useable year-round plus something every person in their family will enjoy that can be passed down through the generations.”
Truckee Real Estate Sales: November 2009
December 5, 2009
This chart represents the number of single family homes sold in the last three months in the Truckee real estate market. The chart also shows the median sale prices for these homes. While real estate sales have picked up significantly in several Truckee neighborhoods, Tahoe Donner single family home sales continue to be the strongest segment of the Truckee real estate market with 46% of the total single family home sales in the past three months (September, October and November combined).
Tahoe Donner® Real Estate Sales: November 09
December 5, 2009
Tahoe Donner® Real Estate
Single Family Homes Sold - November 2009
Single Family Homes SOLD = 15
Median List Price = $585,000
Median Sale Price = $535,000
Average Days on Market = 123
YTD TD SF Homes Sold = 192
Active Listings = 96
| Address | Original Price | Sales Price | Square Feet |
| 16479 Northwoods | $319,000 | $319,000 | 1024 |
| 15877 Northwoods | $349,000 | $300,000 | 1362 |
| 13411 Solvang | $354,900 | $330,000 | 1232 |
| 12233 Muhlebach | $465,000 | $415,000 | 1300 |
| 13691 Davos | $479,000 | $365,000 | 1368 |
| 11575 Sitzmark | $549,000 | $505,000 | 1552 |
| 13945 Davos | $571,300 | $504,000 | 2928 |
| 13428 Davos | $589,500 | $545,000 | 1776 |
| 14106 Northwoods | $600,000 | $535,000 | 1936 |
| 12450 Snowpeak | $765,000 | $730,000 | 2626 |
| 14827 Alder Creek | $779,000 | $745,000 | 2840 |
| 14110 Glacier View | $835,000 | $750,000 | 3379 |
| 15220 Wolfgang | $1,049,000 | $864,000 | 3488 |
| 13011 Stockholm | $1,125,000 | $964,850 | 3360 |
| 12712 Muhlebach | $1,375,000 | $1,200,000 | 3224 |
Tahoe Donner® Condos Sold - November 2009
Condos SOLD = 4
Median List Price = $339,500
Median Sale Price = $315,000
Average Days on Market = 107
YTD TD Condos Sold = 31
Active Listings = 24
Tahoe Donner® Lots Sold - November 2009
Lots SOLD = 2
Median List Price = $177,500
Median Sale Price = $168,750
Average Days on Market = 25
YTD TD Lots Sold = 12
Active Listings = 37
(YTD = Year-To-Date)
This is provided as a quick snapshot of the monthly market activity in Tahoe Donner®. Keep in mind, numbers only tell part of the story. We would be happy to share our day-to-day insight
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