Sierra Meadows
Ponderosa Ranchos
Martiswoods Estates
Ponderosa Palisades
Ponderosa Fairway Estates
Olympic Heights

Sierra Meadows and Ponderosa Palisades are located across the Truckee River, off Highway 267, and are approximately 85% built out. It’s a primary residence area with some second homeowners who want to be close to the Truckee-Tahoe Airport or the Northstar ski hill.

Although the two neighborhoods share the same entrance and exit, they differ in amenities. Sierra Meadows has a homeowners association with annual fees, tennis courts and a pool. The average lot size is 1/3 acre. Ponderosa Palisades has more trees, no association fees and no amenities. The average lot size is 1 acre. Except for one street, the subdivision is served by septic systems and natural gas.

Through Sierra Meadows and Ponderosa Palisades, there are two subdivisions called Ponderosa Ranchos and Martiswoods Estates, with lots primarily 1 acre in size. Zoned for horses with miles of riding trails, the subdivision is about 60% built out. The neighborhood features underground utilities and a mix of primary and second homes.

Across Highway 267 from Sierra Meadows and Ponderosa Palisades, is another neighborhood, Ponderosa Golf Course. It is an older subdivision with many homes backing to the 9-hole golf course. The average lot size is 1/3 acre with homes served by sewer and natural gas.

Olympic Heights is comprised of 181 lots that are primarily quarter acre lots. Located between downtown Truckee and Glenshire and perched on a sunny south-facing hill off Glenshire Drive, Olympic Heights offers views of the Martis Valley, Northstar and the train route. It is also next to a meadow that deer use in their annual migrations. A few vacant lots remain in the small subdivision, some of which are ideal for passive solar homes. Homes facing Glenshire Drive and offering views of the valley command the higher prices. There is no homeowners association or amenities. Homes are on septic systems and are served by natural gas or propane.