Skip to main content

Luxury Fractional Guide

Old Greenwood – Lake Tahoe, California

$25,000 to $50,000 - 1/17th Ownership - 3 weeks of use per year

  • 2,470 sq. ft.
  • 3 Bed
  • 4 Bath

12915 Fairway Dr, Truckee, CA 96161, USA

Old Greenwood offers a unique opportunity to own fractional real estate in the Tahoe-Truckee region, combining mountain living with access to year-round recreation. Located just outside Truckee and minutes from Northstar Ski Resort, this private community is centered around a Jack Nicklaus Signature Golf Course and the Tahoe Mountain Club lifestyle.

Own a Golf & Ski Residence in Lake Tahoe

Old Greenwood offers a unique opportunity to own fractional real estate in the Tahoe-Truckee region, combining mountain living with access to year-round recreation. Located just outside Truckee and minutes from Northstar Ski Resort, this private community is centered around a Jack Nicklaus Signature Golf Course and the Tahoe Mountain Club lifestyle.

Designed for owners seeking a balance of outdoor adventure and relaxed ownership, Old Greenwood provides a four-season mountain experience with resort-style amenities.

Fractional Ownership in Lake Tahoe – How It Works

Ownership at Old Greenwood is structured as deeded fractional real estate, offering a flexible and accessible approach to second-home ownership:

  • Typically structured as 1/17 ownership shares
  • Provides approximately 3 weeks of annual use
  • Includes a fixed primary use week plus floating usage
  • Ownership tied to a specific residence (cabin or townhome)
  • Shares can be resold on the secondary market

This model allows owners to enjoy consistent Tahoe access without full ownership costs.

Additional space-available or spontaneous use may be available depending on occupancy.

Residences

Old Greenwood offers a range of high-quality mountain residences designed for extended stays:

  • 2- and 3-bedroom townhomes
  • 3- and 4-bedroom cabins
  • Townhomes: approximately 1,200 – 1,800+ square feet
  • Cabins: approximately 2,400 – 3,000 square feet
  • Full kitchens and open living areas
  • Fireplaces and outdoor living spaces
  • Fully furnished interiors

Residences are designed to function as true second homes with rustic Tahoe architecture and modern finishes.

Ownership Pricing

Fractional shares at Old Greenwood are available on the resale market, with pricing varying significantly based on season and demand:

  • Typical range: ~$25,000 – $50,000+ per share
  • Lower-demand weeks may trade for less, while prime weeks command higher prices

Pricing is highly influenced by the assigned primary week, with holiday and peak summer weeks carrying the highest value.

Some distressed or low-demand shares may be priced significantly lower due to ongoing carrying costs.

Annual Fees & Ownership Costs

Ownership includes annual dues that support operations and access to amenities:

  • Typically ~$8,000 – $10,000+ per year, depending on unit and share
  • Quarterly HOA examples: ~$2,400+ per quarter
  • Covers property taxes, maintenance, utilities, and management
  • Includes membership access to Tahoe Mountain Club amenities

This structure reflects a full-service, resort-style ownership experience.

Amenities & Lifestyle

Owners enjoy access to the Tahoe Mountain Club, providing year-round amenities:

  • Two championship golf courses (Old Greenwood & Gray’s Crossing)
  • Private ski access and lounge at Northstar Resort
  • On-mountain dining at Schaffer’s Camp
  • Pools, hot tubs, and fitness facilities
  • Tennis and outdoor recreation

The community offers a blend of golf, skiing, and mountain lifestyle amenities.

Old Greenwood is designed as a four-season destination with activities in both summer and winter.

Flexibility & Usage

Ownership includes both structured and flexible usage options:

  • Fixed primary week each year
  • Additional floating time based on availability
  • Spontaneous use when residences are vacant
  • Ability to resell shares

This provides a balance between guaranteed time and flexible access.

The Tahoe Lifestyle

Located in the heart of the Truckee-Tahoe region, Old Greenwood offers access to skiing, golf, hiking, and lake activities year-round. With proximity to Northstar, Lake Tahoe, and downtown Truckee, owners enjoy one of California’s premier mountain destinations.

For buyers seeking fractional ownership in Lake Tahoe, Old Greenwood provides a combination of value, location, and resort-style amenities—making it a practical entry point into Tahoe second-home ownership.

Additional Details

  • Usage: 3 weeks per year
  • Fraction: 1/17th
  • Annual Fees: $8,000 – $10,000

Similar Properties

condo Tonopalo Lake Tahoe Pool

$150,000

  • 2,000 sq. ft.
  • 3 Bed
  • 3 Bath

Tonopalo – Lake Tahoe, California

Now you can own a private residence on the shores of Lake Tahoe, at a fraction of the cost. Located on the lake beach, Tonopalo is a premier destination club which gives owners six weeks of usage per year.

condo Mayacama

$350,000

  • 840 sq. ft.
  • 1 Bed
  • 1 Bath

Mayacama Private Residence Club – Santa Rosa, California

Mayacama Private Residence Club offers ultra-luxury fractional ownership in Sonoma’s renowned wine country, featuring elegantly appointed villas and casitas within a private, members-only golf community. Owners enjoy access to a Jack Nicklaus-designed championship course, world-class dining, and curated wine experiences, all supported by full-service management and concierge care. This is a rare opportunity to own a turnkey vineyard retreat with consistent usage, exceptional privacy, and one of Northern California’s most prestigious club lifestyles.

house PGA West Villa 31 Aerial

$240,000

  • 3,365 sq. ft.
  • 3 Bed
  • 3 Bath

Residence Club PGA West – La Quinta, California

The Residence Club at PGA WEST offers luxury fractional ownership in La Quinta, California with professionally managed 3-bedroom villas, private pools, championship golf access, resort-style amenities, and flexible annual use within one of the country’s most recognized golf destinations.

Let’s Begin With a Conversation

If you’re considering co‑ownership — or exploring how to fractionalize a home you already love — we’d be honored to help.
There’s no pressure and no obligation. Just clarity, insight, and
thoughtful guidance.