Martis Camp Market Report
Martis Camp is a luxury mountain home community that is popular with Silicon Valley employees. Executives from Apple, Google and Facebook all have second homes in Martis Camp.
Developed in the early part of 2000 by DMB/Highlands Group, this elegant community offers the best in social and golf memberships.
Tom Fazio designed the 18-hole golf course in a playable layout through the hills and forest. Beyond their vision for the ultimate golf community, they envisioned a family experience that included world class amenities and a family barn. They used the word Camp to capture the creativity and family experience that can only be found in this world-class mountain retreat.
In 2022, 32 homes and 14 lots sold for a total sales volume of over $317 million. The average sale price for a home was $9.5 million or $1,733 per square feet. The highest sale price was $14.4 million. Lots sold at an average price of over $3.1 million.
Homes and lots are priced similarly in 2023, and Martis Camp began 2023 with 3 homes and 1 homesite sold.
Over the last 30 days, the median price of sold properties in Martis Camp was at $7.2 million. The 3 properties that sold over the last 30 days were all 5-bedroom and 5-bath homes ranging in price from $6.7 to $7.35 million. One new 4-bedroom and 4-bath home was just listed.
New Listing Martis Camp
Not surprisingly, the median price for new listings is at $5.8 million, with all active listings averaging $7.2 million. Properties are holding steady on the sale to list price at 96%.
There are currently only 11 properties for sale in Martis Camp. Prices range from $21,995,000 for a 6-bedroom, with 2 available listings in the $15 million range and 2 in the $13 million range. The lowest price is for a 3-bedroom home listed at $4,695,000.
Lots range from $2,995,000 to $2,295,000. The ease of access to Northstar and the five-star family amenities make Martis Camp a much sought after community for second homes. It is also centrally located between North Lake Tahoe and Truckee.
Search all Martis Camp Listings
Contact us today to view the luxurious listings that are currently available for sale in Martis Camp. Home ownership gives you access to a Social Club and Golf Membership so contact us for the current fee schedule.