Old Greenwood

...is 900 acres of towering pines located just 2 miles from downtown Truckee, east of Highway 89 (take Prosser Village exit off I-80). Old Greenwood is comprised of 99 full home sites and 74 fractional ownership home sites (note: fractional ownership prices start at $85,000).

Old Greenwood's elevation - 5,900 feet above sea level, providing brilliant sun and the climate provides longer summers than that of it's higher mountain resort neighbors ... making Old Greenwood the summer focus for The Tahoe Mountain Resorts.

Old Greenwood is part of a larger vision created by East West Partners (East West Partners - acclaimed group with proven track record for creating world class four-season resorts such as Beaver Creek in Colorado). Old Greenwood combines the very best of Lake Tahoe's year-round experience by offering 99 home-sites and resort homes, both with membership access to “Tahoe Mountain Club”, providing amenities never offered before in the region. Old Greenwood is a premier luxury community that has developed a voluntary program to integrate sustainability into the design, construction and operation of Old Greenwood. It is a program of environmentally “green” practices rarely applied on such a comprehensive basis in real estate development and operations.

Old Greenwood Jack Nicklaus Signature Golf Course

The focal point of Old Greenwood is its eighteen hole Jack Nicklaus designed signature golf course. Jack was here. Not it's your shot. Through stately pines and blue sagebrush wind 18 holes of perfection, courtesy of Jack Nicklaus. With an Audubon International certification underway, the course melds so beautifully with the natural landscape that you may wonder if it was the tee time that got you here of the promise of a peaceful morning in nature. Only the Golden Bear himself could have designed such a course, and playing Old Greenwood will surely rival a round at any of Jack's other masterpieces.

Amenities Package for Tahoe Mountain Club:

  • Village Spa & Fitness Center
  • Alpine Club
  • Schaffer's Camp
  • Adventure Center at Northstar
  • Old Greenwood Jack Nicklaus Signature Golf Course
  • Pro Shop & Golf Academy at Old Greenwood
  • Old Greenwood Swim and Tennis & Fitness Center
  • Championship Golf Course & Clubhouse at Gray's Crossing — Peter Jacobsen Design
  • Swimming Pool & Fitness Center at Gray's Crossing
  • Wild Goose Restaurant on Lake Tahoe
  • Coyote Moon Golf Course

Old Greenwood Lot Sales Data

Year
Total Sales
Number of Closed Transactions
Avgerage Sales Price
Avgerage Days On Market
Lowest SOLD LOT Price
Highest SOLD LOT Price
Sold Price as % of Original sList Price
2003
$7,860,000
22 Units
$357,273
229 DOM
$215,000
$745,000
100%
2004
$10,648,000
19 Units
$560,421
267 DOM
$310,000
$752,000
93.89%
2005 (thru 5/14/05)
$1,347,000
03 Units
$431,667
232 DOM
$380,000
$460,000
96.33%
PENDING Sales (as of 5/14/05)
$1,782,000
03 Units
$594,000 (Based on Asking Price)
119 DOM
$588,000 (Based on Asking Price)
$599,000 (Based on Asking Price
Unknown until Close of Escrow

Currently, there are seventeen (17) lots listed for sale in Old Greenwood (as of May 14, 2005) and they range from a low asking price of $432,000 to a high asking price of $799,000. The variation in lot asking prices depends on if the lot is a golf course, street or backing to greenbelt setting and also varies depending upon lot size (acreage size ranges from 0.40 acres to 0.71 acres). The Average Asking Price is $625,647;

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Ellen Grace with

Email: Realtor@EllenGrace.com
(530) 448-3068
Office Direct (530) 582-2455

Fax: (530) 579-3234