Filed under: Real Estate Developments
News of real estate rebounding in North Lake Tahoe. Martis Camp, a private, gated community that stretched over 2,177 pristine acres in North Lake Tahoe that has a maximum of 653 homesites. Home sites range from $450,000 to $2 million. Before the real estate crash from September through December of 2007, Martis Camp sold 11 lots. From September through December of 2008, they only sold four lots. But from September through December 2009 the community sold 24 lots indicating a renewed interest in luxury getaway homes. Most of the buyers are cash buyers.
The community includes a 18-hole Tom Fazio golf course and offers direct ski access from Martis Camp to Northstar via the Martis Camp Express Lift. Martis Camp also includes a Family Barn complex that has a summer swimming venue, bowling alley, movie theater, indoor basketball court, soda fountain and outdoor concert park. The Family Barn also includes the art loft which is a space for Club members to attend art classes and create sketches, paintings and sculptures. The community also includes the Lost Library, a cottage situated in the wooded sanctuaries of Martis Camp, that has books, a fireplace and cozy chairs for reading. Buyers can use any builder they like for construction as long as the homes stays within relatively flexible established design guidelines in order to preserve the charm of the area.