Martis Valley Golf Communities Guide

Championship Golf Living Along the Highway 267 Corridor

Martis Valley is home to the highest concentration of championship golf communities in the entire Lake Tahoe / Truckee region. Within a few miles along Highway 267, four distinct golf communities offer everything from accessible townhome living to ultra-luxury gated estates — each built around a course designed by a celebrated architect and each delivering a different lifestyle and price point.

What makes Martis Valley unique for golf-oriented buyers is the combination of mountain-course golf (typically May through October) with immediate access to world-class skiing at Northstar just minutes south. This dual-season appeal — golf in summer, ski in winter — is the foundation of the Martis Valley lifestyle and the primary driver of property values across all four communities.

Lahontan — Tom Weiskopf Championship Course

Lahontan's 900-acre community is anchored by a Tom Weiskopf-designed championship 18-hole course that regularly appears in national "best of golf" rankings. The course plays through meadows and mature pine forests with dramatic mountain backdrops. Beyond the main course, Lahontan offers a par-3 course, extensive practice facilities, and a full teaching program.

The community's 509 homesites feature individually designed homes with rigorous architectural standards emphasizing natural materials and mountain-contemporary aesthetics. Homes range from approximately $3 million to nearly $7 million, with a record sale of $6.85 million set in 2025. The clubhouse complex — currently undergoing a major renovation through 2026 — includes a day spa, year-round heated lap pool, outdoor hot tubs, tennis and pickleball courts, and dining facilities.

  • Homes: $3M–$6.8M+ | 509 homesites
  • HOA: $5,800/year (2026)
  • Golf: Tom Weiskopf 18-hole championship + par-3 course
  • Jurisdiction: Placer County (unincorporated)

Schaffer's Mill — Championship Course with Mountain Lodge Townhomes

Schaffer's Mill occupies 475 acres and offers two distinct product types: 218 single-family homesites and 188 Mountain Lodge Townhomes. The championship 18-hole golf course anchors the community, complemented by the Clubhouse Village, walking trails, cross-country ski trails, snowshoeing routes, and stocked fishing ponds.

New construction in Schaffer's Mill averaged over $1,200 per square foot in 2025, with a median new-build sale price of $6.55 million. The townhome format provides a more accessible entry point starting around $1.5 million. The community is approximately 75% built out as of 2025, with select premium homesites still available for custom construction.

  • Townhomes: ~$1.5M–$2.5M | Single-Family: $2.5M–$6.5M+
  • HOA: ~$2,772/quarter (2026)
  • Golf Membership: $35,000 initiation + $6,525 annual dues
  • Jurisdiction: Placer County (unincorporated)

Gray's Crossing — Peter Jacobsen / Jim Hardy Audubon-Certified Course

Gray's Crossing is the most environmentally conscious golf community in Martis Valley. Developed by Tahoe Mountain Resorts on 600 acres, the Peter Jacobsen / Jim Hardy championship course has earned both Audubon International Sustainable Community designation and LEED certification. Over 500 acres of open space are permanently preserved.

The 377-lot community offers the widest price range in Martis Valley, from Fairway Townhomes around $800,000 to custom single-family homes up to $4 million. The Grays Golf Club features an open-air restaurant, fitness center, heated lap pool, hot tubs, and locker rooms. Gray's Crossing appeals to buyers who want the golf-community lifestyle without the ultra-luxury price tag of Lahontan or Martis Camp.

  • Townhomes: ~$800K–$1.5M | Single-Family: $2M–$4M
  • Lots: 377 total homesites on 600 acres
  • Golf: Audubon-certified Peter Jacobsen/Jim Hardy championship course
  • Jurisdiction: Nevada County / Town of Truckee

Martis Camp (Adjacent) — Tom Fazio Course with Private Northstar Lift

Martis Camp is the crown jewel of Martis Valley's golf communities and one of the most exclusive residential developments in the western United States. The Tom Fazio-designed course is complemented by the community's signature amenity: a private chairlift providing direct ski-in/ski-out access to Northstar California Resort — an amenity no other community in Tahoe can match.

With 653 homesites on 2,177 acres, Martis Camp homes range from $4.5 million for smaller cabin-site designs to over $15 million for custom estates. The median sale price has hovered near $7 million in recent years, with multiple transactions exceeding $10 million in 2025. The Family Barn (a 25,000-square-foot recreation facility), Camp Lodge dining, and extensive trail networks round out the amenity package.

  • Homes: $4.5M–$15M+ | Median: ~$7M
  • Social Membership Transfer: $125,000 + $29,000 annual dues (2025)
  • Golf: Tom Fazio championship 18-hole course
  • Jurisdiction: Nevada County / Town of Truckee

Which Community Is Right for You?

CommunityPrice RangeGolf CourseBest For
Gray's Crossing$800K–$4MPeter Jacobsen / Jim HardyValue-oriented buyers, families, eco-conscious
Schaffer's Mill$1.5M–$6.5MChampionship 18-holeFamilies, townhome entry, new construction
Lahontan$3M–$7MTom WeiskopfArchitectural distinction, spa lifestyle, privacy
Martis Camp$4.5M–$15M+Tom FazioUltra-luxury, private ski lift, family amenities
CommunityEntry PriceMedian / TypicalTop End
Gray's Crossing Townhomes~$800,000$1,200,000$1,500,000
Gray's Crossing Single-Family~$2,000,000$2,900,000$4,000,000
Schaffer's Mill Townhomes~$1,500,000$2,000,000$2,500,000
Schaffer's Mill Single-Family~$2,500,000$4,500,000$6,500,000+
Lahontan~$3,000,000$4,500,000$6,800,000+
Martis Camp~$4,500,000$7,000,000$15,000,000+

Prices reflect 2025-2026 market conditions. Vacant lots for custom builds are available in most communities at lower entry points. Contact us for current inventory and pricing.

STR Viability: Very Limited

Most Martis Valley golf communities have HOA restrictions that limit or prohibit short-term rentals. Martis Camp and Lahontan CC&Rs generally restrict vacation rentals. Schaffer's Mill and Gray's Crossing may have more flexibility, but buyers must verify current HOA rental policies before purchasing with rental intent. Even where HOAs allow rentals, the county jurisdiction matters: Gray's Crossing and Martis Camp fall under the Town of Truckee's fully reached 1,255-permit cap. See our full Martis Valley STR analysis →

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Active listings in the Martis Valley area

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Frequently Asked Questions

Which Martis Valley golf community is best for families?
Gray's Crossing and Schaffer's Mill are generally considered the most family-friendly. Gray's Crossing offers the most accessible price point with Fairway Townhomes starting around $800,000, while Schaffer's Mill provides Mountain Lodge Townhomes and extensive four-season recreation. Martis Camp's Family Barn is unmatched as a family amenity, but the $4.5M+ entry price limits accessibility.
How do golf membership costs compare across communities?
Costs vary significantly. Schaffer's Mill charges a $35,000 initiation fee and $6,525 annual dues. Martis Camp social membership transfer fees are $125,000 with $29,000 annual dues. Lahontan and Gray's Crossing include golf amenity access within their HOA and membership structures. Always confirm current fees directly with each community.
Can I buy a lot and build a custom home in Martis Valley?
Yes. Most communities offer vacant lots for custom construction. Martis Camp lots start around $2 million, Schaffer's Mill has select premium homesites available (approximately 75% built out), and Gray's Crossing and Lahontan periodically have lots available. Each community has architectural review committees and design guidelines that must be followed.
What is the golf season in Martis Valley?
Golf season typically runs from mid-May through mid-October, depending on snowfall and course conditions. The valley's elevation (approximately 5,900 feet) and sunny exposure generally allow for a longer season than lake-level courses. All four communities transition to winter activities including cross-country skiing, snowshoeing, and trail use during the off-season.

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