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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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