NOT LISTED FOR SALE

Estimated Value: $1,076,000 - $1,530,000

0.5 Acre
$2,644,198 Price per Acre
21,780 Sq Ft Lot

Sale Details

Date Sold: March 25, 2025

Last sale price $1,400,000

Est. 6% decrease in value since last sale

Current estimated payment $8,899 / mo

141 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Community Pool
  • Truckee Elementary School Rated A-
  • Panoramic View
  • Tennis Courts

About This Lot

As of March 2025

This Schaffer's Mill luxury homesite presents a rare opportunity to build your dream residence with plans crafted by renowned Donald Joseph Architects. Situated against a backdrop of manicured fairways and awe-inspiring views of Northstar and the Carson Range, this lot offers an exceptional canvas for creating a custom home tailored to your lifestyle. With pre-approved plans and a level, ready-to-build site, you have the flexibility to break ground at your convenience and bring your Tahoe vision to life. Located on a tranquil cul-de-sac overlooking the 12th hole, this homesite offers both seclusion and accessibility for those who appreciate the allure of golf and nature. The expansive lot comes with meticulously designed plans for a 4,669 square foot masterpiece. The plans feature 5 bedrooms, 4.5 bathrooms, and dramatic 22-foot vaulted ceilings. Expansive sliding glass doors will frame breathtaking outdoor vistas, seamlessly merging the indoor and outdoor spaces. The open-concept design emphasizes effortless entertaining with a spacious great room and a chef’s kitchen that includes premium appliances and room for your personal touches. A recreation room with a mini bar adds another layer of luxury for gatherings. View The Virtual Plan Fly Through Below Schaffer’s Mill amenities include a private clubhouse, tennis courts, and access to the prestigious Schaffer’s Mill Golf Course. Enjoy the added bonus of a private ski lounge at Northstar, elevating this homesite to the ultimate lifestyle investment. Build your dream retreat and take advantage of all that this exclusive community has to offer.

Last Agent to Sell the Property

Eric Navarro

COMPASS License #01942526 Listed on: 09/16/2024

COMPASS

Last Buyer's Agent

Eric Navarro

COMPASS License #01942526 Listed on: 09/16/2024

COMPASS

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Property Type

  • Land

Lot Details

  • 21,780 Sq Ft Lot
  • Lot Dimensions are 157x154x54x136x93
  • Level Lot

HOA Fees

  • $911 Monthly HOA Fees

Property Views

  • Panoramic
  • Mountain

Community Details

Overview

  • Martis Valley Community
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Pool

Property Details

Property Type

Land

Lot Details

0.5 Acres

HOA Fees

$911 per month

Listing Details

  • Estimated Lot Size: .51-.755
  • Community: Martis Valley
  • Number of Acres: 0.5
  • Service Type: Full Service
  • Setting: GOLF
  • Sign: y
  • Sub-Area: 7SO
  • Sub-Status: Standard
  • Topography: Level
  • Zoning: Residential
  • Covenants, Conditions and Restrictions (CC&Rs): y
  • Cross Street: Carson Range R
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Panoramic, Mountain, Golf

Condo/Co-op/Association

  • HOA: Y
  • HOA Amenities: POOL, TENNIS COURTS, EXERCISE EQUIPMENT, OTHER, SEE REMARKS
  • HOA Fees: 10932
  • HOA Fee Frequency: Yearly

Fee Information

  • Private Transfer Fee YN: y

Lot Info

  • Lot Number: 297
  • Lot Dimensions: 157x154x54x136x93

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2024
Closed on
Mar 18, 2025
Sold by
Bought by
Seller's Agent
Eric Navarro
COMPASS
Buyer's Agent
Eric Navarro
COMPASS
List Price
$1,500,000
Sold Price
$1,400,000
Premium/Discount to List
-$100,000
-6.67%
Views
4
Current Estimated Value
$1,322,099

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$77,901
Avg. Annual Appreciation
-3.98%

Purchase Details

Closed on
Jan 17, 2021
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,400,000 Old Republic Title
$738,000 Old Republic Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,150,000
Closed $1,150,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/25/2025 03/25/25 Sold $1,400,000 -6.7% --
02/04/2025 02/04/25 Pending -- -- --
09/16/2024 09/16/24 For Sale $1,500,000 -- --
Source: Tahoe Sierra Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $8,815 $1,428,000 $1,428,000
2025 $8,657 $798,834 $798,834
2023 $8,657 $767,815 $767,815
2022 $8,532 $752,760 $752,760 $0
2021 $7,011 $613,624 $613,624 $0
2020 $7,094 $607,333 $607,333 $0
2019 $7,136 $595,425 $595,425 $0
2018 $6,878 $583,750 $583,750 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20241976

Tahoe Sierra Board of REALTORS®

APN: 107-200-011

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