Schaffer’s Mill

Schaffer’s Mill

Thursday, June 16th the local Real Estate community was invited to a reception put on by the new owners of the property formerly known as Timlick and now re-named “Schaffer’s Mill”.  The subdivision is located in the Martis Valley, just the Truckee side of Northstar, on a private road named Schaffer’s Mill Road.  There it resides, alongside the two other resort communities:  Lahontan and Martis Camp.

Currently there is just one completed home in the subdivision and quite a few luxury town homes.  The home is privately owned and is now on the market for 2.2 million dollars.  The town homes, which are elegantly appointed, are being sold by the current developer and range in price from 700k to 900k with a 10% “founders’ discount” opportunity offered.  Also for sale are the first offering of developed lots which range in price from 230-330k.

I was impressed by the property.  The 18 hole golf course which is currently there and open, is a Johnny Miller/John Harbottle design and according to the developer it os one of Golf Week Magazine’s “Top 100 Residential Courses for 2010.”. To the untrained, non-golfer’s eye (mine), it is one of the most beautiful I have ever seen.

We got the lowdown on the amenity package too.  Right now the only amenity that has bee installed is the golf course but a lot of exciting promises were made for the near future.  The plan is to have a 47′ Yacht on Lake Tahoe which will be at the disposal of the members.  There will also be swimming pools, hot tubs, fitness center, restaurant, clubhouse, outdoor pavilion, tennis courts — many other facilities.  You might ask, what will this cost?  First of all there are 2 packages.  The initiation fee for each is $1000 for now.  The golf package’s dues are currently $4500 per year and when the club facilities are completed they will raise to $7800 annually.  The social membership package dues which will include all amenities except golf, will be $2700 annually once the club facilities are completed.  By the way, currently there are plans to have these memberships open to non-property owners.

Of course there are additional Homeowners association dues – $150 per month and if you purchase a town home an additional $350 per month.

If you would like more information on this property, be sure to contact us.

If you enjoyed this post, make sure you subscribe to my RSS feed!

Search Properties in this Neighborhood






Additional Area Photos

Recent Listings

View all Listings
Beds: 3 Baths: 3.5 Sq Ft: 2774
Brand-new beautiful Mountain Lodge in Schaffer's Mill. Open great room with expansive views of Northstar out the front and a nice wooded... Details
$1,395,000
Beds: 4 Baths: 4.5 Sq Ft: 3292
Ultra Premium Home conceived & built w/only the finest quality materials available Port Orford Cedar heavy timbers w/ornate truss work, split... Details
$2,199,000
Beds: 3 Baths: 3.5 Sq Ft: 2594
Spacious Mountain lodge situated on a quaint cul-de-sac. Upstairs living allows for privacy and amazing views of both the golf course and Carson... Details
$1,150,000
Beds: 3 Baths: 3.5 Sq Ft: 3074
Brand-new "Mountain modern" townhome. This lodge maximizes views of the golf course and Northstar w/oversized windows. Become part... Details
$1,620,000
Beds: 3 Baths: 3.5 Sq Ft: 3074
Great floorplan with awe-inspiring views of Northstar and the Schaffer's Mill golf course. Become a part of the Schaffer's Mill community... Details
$1,500,000
Beds: 3 Baths: 3.5 Sq Ft: 3039
Brand-new "Mountain Modern" townhome. This lodge maximizes views of the golf course and Northstar w/oversized windows. Become part... Details
$1,610,000
Beds: 3 Baths: 3.0 Sq Ft: 2020
Stunning contemporary mountain lodge with sleek lines. Offering golf course views from the back patio, and awe-inspiring Northstar views from... Details
$1,150,000
Beds: 3 Baths: 3.5 Sq Ft: 2499
This home has the highest quality features and is the perfect family retreat. In the winter enjoy our shuttle service to Northstar where our... Details
$1,275,000
Beds: 4 Baths: 3.5 Sq Ft: 3253
When you walk through the front door of this magnificent residence, you will be welcomed with panoramic views of the 6th green & a pond just... Details
$1,795,000
Beds: 3 Baths: 3.5 Sq Ft: 2594
When only the best will do This mountain lodge unit was extensively upgraded and it shows beautifully. Upgrades include custom cabinets,... Details
$1,240,000
View all Listings