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)
- Club: Right-to-use club with no capital calls; ask us for current membership fees
- 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 private residential developments in the western United States. The Tom Fazio-designed course is complemented by the club's signature amenity: a members-only chairlift to Northstar California Resort.
With 671 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. See the Martis Camp homes for sale now and what sold there in the last 12 months.
- Homes: $4.5M–$15M+ | Median: ~$7M
- Club: Separate from the home. Every owner pays the HOA; golf or social membership is its own application, subject to availability and Martis Camp Club's approval
- Conveyance fee: 1% of the price on every sale, paid by the buyer at closing
- Golf: Tom Fazio championship 18-hole course
- Jurisdiction: Placer County (unincorporated)
Which Community Is Right for You?
| Community | Price Range | Golf Course | Best For |
|---|---|---|---|
| Gray's Crossing | $800K–$4M | Peter Jacobsen / Jim Hardy | Value-oriented buyers, eco-conscious |
| Schaffer's Mill | $1.5M–$6.5M | Championship 18-hole | Social club, townhome entry, new construction |
| Lahontan | $3M–$7M | Tom Weiskopf | Architectural distinction, spa lifestyle, privacy |
| Martis Camp | $4.5M–$15M+ | Tom Fazio | Ultra-luxury, private ski lift, Family Barn |
| Community | Entry Price | Median / Typical | Top 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 jurisdiction matters: Gray's Crossing falls under the Town of Truckee's fully reached 1,255-permit cap. See our full Martis Valley STR analysis →
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