$1,850,000
SOLD APR 30, 2025
3 Beds
2.5 Baths
2,102 Sq Ft
$1,600/mo HOA Fee

Recently Sold

$880 Per Sq Ft

7% Below List Price

19 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Living Room with Fireplace
  • Truckee Elementary School Rated A-
  • View of Trees or Woods
  • Wood Flooring

About This Home

As of April 2025

Life is different in the mountains. It’s a more relaxed pace with time to soak up all that sunshine, the great outdoors and that clean Sierra Nevada air. Having a place that gels with that lifestyle is key. And this mountain lodge fits beautifully from an aesthetic standpoint and a practical one. Located in exclusive Schaffer’s Mill (a gated community in Truckee), the architecture here blends with the natural environment with views of the greenbelt and Northstar’s famed backside ski slopes. The interior is equally unpretentious without forgoing luxury. Attention to details abounds with an open floor plan, tons of natural light and a focus on bringing the outdoors in. The primary suite is located on the first floor with guest rooms upstairs for maximum privacy. The furnishings are all upscale and what buyers would expect in a home built in 2023. A gas fireplace keeps you warm on those wintry nights and a two-car garage is a necessity when it’s snowing outside. There’s also a golf course, pool, fitness facility, shuttles to Northstar and a “home base” furnished clubhouse in the Northstar Village, tennis and pickleball courts. This home and its rustic mountain charm are perfect for full-time living, a vacation retreat and/or a rental property.

Last Agent to Sell the Property

Pettit Gilwee

Windermere Signature Propertie License #01956019 Listed on: 03/12/2025

Windermere Signature Propertie

Last Buyer's Agent

Pettit Gilwee

Windermere Signature Propertie License #01956019 Listed on: 03/12/2025

Windermere Signature Propertie

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2023

HOA Fees

  • $1,600 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Woods
  • Mountain

Home Design

  • Mountain Architecture
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,102 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Living Room with Fireplace

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Location

  • Design Review Required

Utilities

  • Heating System Uses Natural Gas
  • Utility District

Community Details

Overview

  • Martis Valley Community
  • Greenbelt

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Security

  • Gated Community

Property Details

Home Type

Condominium

Year Built

Built in 2023

Lot Details

0

HOA Fees

$1,600 per month

Listing Details

  • Age: 1-5 Years
  • Estimated Lot Size: 0 - .255
  • Community: Martis Valley
  • Directions: Schaffer Mill Rd, RT on Heartwood, RT on Modane, House on RT
  • Service Type: Full Service
  • Setting: Greenbelt
  • SPCDISC: Architectural Review
  • Sub-Area: 7SO
  • Sub-Status: Standard
  • Topography: Level
  • Year Built: 2023
  • Cross Street: Heartwood Dr
  • Other: Pantry
  • Sewer: Utility District
  • Estimated Sq Ft: ASSESSOR
  • Architecture: Mountain
  • Gated: To Subdivision
  • Sign YN: Y
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Heating: Natural Gas
  • Estimated Sq Ft: 2102
  • Stories: Two
  • Gas: Natural
  • Water: Utility District
  • Appliances: Range, Oven, Microwave, Disposal, Dishwasher, Refrigerator, Washer, Dryer
  • Fireplace: Living Room, Gas Fireplace
  • Furnished: Mostly
  • Bedrooms: 3
  • Floor Coverings: Carpet, Mixed, Stone, Tile, Wood
  • Main Floor Half Bathrooms: 1

Exterior Features

  • View: Wooded, Mountain
  • Construction Exterior: Framed
  • Foundation: Slab
  • Roof: Composition
  • Construction Phase: FINISHED

Garage/Parking

  • Garage: Two
  • Garage/Parking: Attached

Utilities

  • Laundry: Room

Condo/Co-op/Association

  • HOA Amenities: Pool, Tennis Courts, Exercise Equipment
  • HOA Fees: 4800
  • HOA Fee Frequency: Quarterly
  • HOA Membership: Y

Lot Info

  • Lot Number: 259

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2025
Closed on
Apr 25, 2025
Sold by
Gellen Family Trust and Gellen Steven B
Bought by
Bell Trust and Bell
Seller's Agent
Pettit Gilwee
Windermere Signature Propertie
Buyer's Agent
Pettit Gilwee
Windermere Signature Propertie
List Price
$1,980,000
Sold Price
$1,850,000
Premium/Discount to List
-$130,000
-6.57%
Views
23
Current Estimated Value
$1,896,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,435
Avg. Annual Appreciation
3.15%

Purchase Details

Closed on
Jun 21, 2023
Sold by
Schaffers Mill Builders Llc
Bought by
Gellen Family Trust and Gellen
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 Type Sale Price Title Company
Grant Deed $1,850,000 Placer Title
Grant Deed $2,250,000 Old Republic Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2025 04/30/25 Sold $1,850,000 -6.6% $880 / Sq Ft
03/31/2025 03/31/25 Pending -- -- --
03/12/2025 03/12/25 For Sale $1,980,000 -- $942 / Sq Ft
Source: Tahoe Sierra Board of REALTORS®

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 $23,291 $2,139,207 $612,000 $1,527,207
2023 $23,291 $717,426 $33,426 $684,000
2022 $1,691 $131,771 $32,771 $99,000
2021 $449 $5,759 $5,759 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20250343

Tahoe Sierra Board of REALTORS®

APN: 107-260-020