Nick’s Lending.Placer County
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Explore Nick’s Lending

10-year TreasuryYield · Oct 29, 20264.980%
Rates as of Oct 29, 2026Dated references, not live quotes. 15-year/FHA/VA modeled; FHA/VA APR is not all-in.
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Tahoe and mountain communities · Unincorporated community / planning area

Get to know Martis Valley.

Explore the open space around Waddle Ranch and Elizabethtown Meadows, then compare the individual communities and ownership costs of Martis Valley.

Martis Valley at a glance

Completed versus planned trail
The county reports 4.6 completed paved miles; the eventual 10.2-mile route toward Brockway Summit is a longer-term plan. Source

Regional housing context

$1,312,500

Median sale price · Truckee · Single-family

2026 Q3

Regional comparison only.

Read the market data

Reviewed . Market periods are shown separately. Next resource review due 2027-01-22.

Quick answers

Can I enjoy Martis Valley without a private club membership?

Yes. The land trust describes public recreation at Waddle Ranch Preserve and other protected valley lands. Follow the visitor rules for each property.

Do club amenities automatically transfer with a home?

Request the specific membership and transfer documents. A real estate listing does not establish what rights, fees or approvals apply.

Sources & further reading

Community resource review: . This date applies to the local resources and answers added to this guide, not to live home inventory, pricing or future project completion.

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Martis Creek Lake and its surrounding valley.
Martis Creek Lake and its surrounding valley. Photo credit

Which parts should I compare?

A valley crossing two counties

Martis Valley spans Placer and Nevada counties near Truckee. County planning material describes roughly 70 square miles overall, with the Placer plan addressing only its portion. The Town of Truckee, unincorporated county land and a Truckee mailing address are not interchangeable jurisdictions. Identify the parcel first, particularly when rental rules, development standards or services are part of the purchase decision.

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Private club communities and public trails

Martis Camp advertises a private Northstar ski connection, golf and a beach club; Lahontan has its own club and community structure. Those are distinct communities, not amenities available to every Martis Valley owner. By contrast, the county's completed 4.6-mile Martis Valley Trail connects Truckee through the valley to Northstar Drive. Compare public access with the exact private membership, transfer and dues terms attached to the home.

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Schaffer's Mill

Schaffer's Mill is another distinct Martis Valley club community. Its official rental program says only short-term guests booking through Exclusive Accommodations receive private amenity access. A rental plan therefore needs both county eligibility and the community's booking and access terms.

Source

Nearby comparison: Gray's Crossing

Gray's Crossing is a separate Truckee community in Nevada County, not a Placer County neighborhood. Include it as a nearby comparison rather than folding it into Martis Valley's Placer communities; its town jurisdiction and location create a different purchase checklist.

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A feel for everyday life.

Martis Valley has a public landscape worth exploring alongside its residential communities. Truckee Donner Land Trust identifies Hopkins Ranch, Elizabethtown Meadows and Waddle Ranch Preserve as distinct protected places. State Route 267 is an important locator for the valley, but it is not a substitute for identifying the actual property.

The named communities deserve separate research. Martis Camp advertises a private ski connection to Northstar and a Tom Fazio golf course. Schaffer's Mill publishes golf, membership and dining information, while Lahontan Golf Club provides its own community resources. These are private offerings with their own terms, not amenities shared by every Martis Valley address.

Waddle Ranch Preserve has trails and picnic sites for hikers, cyclists and wildlife watchers. Elizabethtown Meadows offers another view of the valley through forest and wet meadow. A visit to these public places can help you separate the broader valley experience from private club amenities advertised in a home listing.

When comparing a club-community home with another valley property, request separate figures for association dues, club access, assessments and insurance. Treat an advertised amenity as a question about membership and transfer terms. Use the parcel record to establish the responsible jurisdiction before comparing rental programs or taxes.

Make a visit more than a house tour.

Waddle Ranch Preserve

Find land trust trails, picnic sites and visitor guidance.

Explore the details (opens in a new tab)

Elizabethtown Meadows

A protected meadow and forest setting described by the land trust.

Explore the details (opens in a new tab)

Explore homes with the full picture.

Compare the home and club obligations together. Include transfer charges and recurring dues before deciding whether amenities justify a higher price.

Browse Placer County homes on Zillow (opens in a new tab)

Zillow opens separately. Listings, estimates and boundaries are third-party information, not our inventory or a guarantee of value or availability. Check the exact address and terms with your agent.

Ask us and your real estate professional to research new construction for your specific search. Use the current new-home directory alongside county planning records; an approved project is not the same as homes available to buy.

Schools and districts

Directory: Truckee or Glenshire Elementary, Alder Creek Middle and Truckee High.

School information Enrollment information

Confirm the exact address, current attendance boundary and enrollment with the district. A nearby school is not a guaranteed assignment.

Local services and providers

What does getting around look like?

Highway 267 transit

TART's free Highway 267 route connects Crystal Bay and Truckee with stops near Northstar Village and Truckee Airport. That gives a useful corridor for a test trip, but not a stop inside every private community. Map the route from the actual gate or home and include the first/last leg in your plan.

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What belongs in the ownership budget?

Rental jurisdiction and club costs

Establish county or town jurisdiction before applying rental rules.

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Read the local ownership guide

Insurance and carrying costs

Request property-specific coverage; compare deductibles and exclusions.

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Read the local ownership guide

Compare the address, not just the price.

Bring the listing, tax bill, HOA statement and insurance quote. We can help put the recurring costs beside the loan payment before you compare homes.

Talk through the numbers

What should I check before choosing a home?

  • Keep club memberships, HOA dues and parcel assessments as separate budget lines.
  • Confirm the parcel jurisdiction before comparing rental rules.

Visit at more than one time of day. Check insurance availability, utilities, total property charges and commute conditions for the specific address before removing contingencies.

Keep exploring.

Your next move

Make this place feel like yours.

Tell us which communities interest you, what your days look like, and where you could use a hand.

Start a conversation

Rate context & assumptions

Dated rate references, not a live quote. Check the rates-as-of date shown with the figures. Review the product-specific assumptions below.

Dated references, not live quotes. 15-year/FHA/VA modeled; FHA/VA APR is not all-in.

30-year fixed

Rate 7.161% · APR 7.232%

* Conventional 30-year fixed-rate purchase loan. $650,000 purchase price. $455,000 loan amount. $195,000 down payment (30%). 70% LTV. 780 representative credit score. Owner-occupied single-family residence in California. 360 monthly payments. 30-day rate-lock period.

Pricing shown at par: 0.000 discount points and $0 lender credit. Estimated principal-and-interest payment is $3,076.48 per month. Payment does not include property taxes, homeowners insurance, HOA dues, assessments, or other property-related charges. The actual total monthly payment will be higher. Mortgage insurance is not included because this example assumes 70% LTV.

The illustrative APR assumes $3,200 in prepaid finance charges and an amount financed of $451,800. Actual APR and closing costs depend on the final loan terms and which charges constitute finance charges under applicable law. Rate, APR, fees, and availability are subject to change until locked. All loans are subject to credit, income, asset, property, appraisal, underwriting, and program requirements.

Example as of October 29, 2026 at 6:35 AM Pacific. This is not an approval, offer, guarantee, or commitment to lend.

15-year fixed

Rate 6.411% · APR 6.523%

15-year fixed temporary estimate as of 2026-10-29: 0.750 percentage points below the 30-year conventional reference. Not independently sourced lender pricing.

Illustrative purchase: $650,000 price, $455,000 loan, $195,000 down (30%), 70% LTV, 780 credit score. Owner-occupied California single-family residence; 180 monthly payments; 30-day lock assumption.

At 0.000 points and $0 lender credit, estimated principal and interest is $3,941.31/month. Taxes, insurance, HOA and other property charges are excluded; total payment will be higher.

Modeled APR uses $3,200 prepaid finance charges and $451,800 amount financed over 180 months. This is an estimate, not an offer or commitment. Actual rates, APR and eligibility require individual review.

FHA · 30-year fixed

Rate 6.991% · Modeled APR 7.061%

FHA 30-year modeled market reference from the morning email dated 2026-10-29. Not a lender quote.

The email applies a shared illustrative APR model. It does not supply a complete program-specific borrower scenario.

Program-specific mortgage insurance and funding fees are not established by this model. This is not an all-in FHA or VA APR quote.

Ask for a personalized rate, APR, payment and program-specific costs before making a borrowing decision.

VA · 30-year fixed

Rate 6.839% · Modeled APR 6.908%

VA 30-year modeled market reference from the morning email dated 2026-10-29. Not a lender quote.

The email applies a shared illustrative APR model. It does not supply a complete program-specific borrower scenario.

Program-specific mortgage insurance and funding fees are not established by this model. This is not an all-in FHA or VA APR quote.

Ask for a personalized rate, APR, payment and program-specific costs before making a borrowing decision.

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10-year Treasury · Yield · Oct 29, 2026 · 4.980%