Gray's Crossing Townhouse Development Truckee

Gray’s Crossing Townhouse Development

Truckee, CA 96161

Planned Community of high-end townhomes and luxury homes, plus a Small Village

Gray’s Crossing Fairway Townhouses For Sale, Truckee, CA 96161:

Built in multiple phases. Units on Annie’s Loop and Jakes Way.

Gray’s Crossing is a planned community of luxury homes and a limited number of high-end townhomes.

Gray’s Crossing development covers over 750 acres of land and offers year-round recreational amenities.

Gray’s Crossing Fairway Townhouse Features:

- Mountainside Development | Located North of Hwy 80 in Truckee, CA
- Gray’s Crossing is a planned community of luxury homes and a limited number of high-end townhomes known as The Fairways Townhomes
  - Established in 2004 with Developer East West Partners
  - East West Partners declares bankruptcy in 2010 and a new Developer, North Valley Real Estate Partners, Inc. would take over and in 2017 would resubmit the Village at Gray’s Crossing development for approval.
  - In 2019 Gray’s Crossing Golf Course Owner/Operator Tahoe Mountain Club was sold to local Developer Paradigm
- The Village at Gray’s Crossing has a planned proposal that consists of
  - A 129 unit hotel and a 4,989 S.F. Conference Building
  - Three commercial buildings with five residential units above
  - Two live/work buildings with commercial space below and three residential units above
  - 24 more townhome residential units (two units to a building) and a fourplex.
  - This project had been resubmitted and with the required changes the town of Truckee just approve the project to move forward in 2019.
- Entire Gray’s Crossing development covers +/- 750 acres of land (homes and townhouses)
  - Approximately 370 acres of Open Space with Trails
  - Single Family Homesites: +/- 377 | Approximately 60% built
  - Townhomes: +/- 17 | All built on Annies Loop. New construction units about +/- 24 units being built on Edwin Way starting in 2022-2023
  - 92 Affordable Housing Units
- 18 Hole Golf Course | Gray’s Crossing is a Peter Jacobsen designed championship 18-hole golf course.
- Fitness Facility
- Seasonal Swimming pool and spa
- Hiking and Biking Trails
  - Additional Optional Amenities are available by joining the Tahoe Mountain Club (access to recreational amenities at Old Greenwood and Northstar)
- 17 “Fairway Townhomes” Luxury Mountain Contemporary Townhomes are located with various addresses on Annies Loop. Originally developed in 2008 as “Village at Grays Crossing”.
  - Three (3) Buildings with 3 units each
  - Four (4) Buildings with 2 units each
    - Fourteen (14) End Units
    - Three (3) Middle Units
- Setting:
  - Golf Course – Mountain Setting Views between 3^rd and 4^th Fairways
- Floor Plans and Layouts
  - Townhome style (shared walls)
  - Three (3) Bedrooms
  - 3.5 Bathrooms
  - Each unit has an attached two (2) car garage
  - Some units have Air Conditioning
- Square Footage varies from 1,818 to 2,227 square feet
- Built-in: Built between 2008, 2016, 2017
- The Townhomes built-in 2008 were built by Robert Marr Construction.
- The townhomes built in 2016 and later were built by Gallagher Construction.
- The townhomes being built in 2023 | Conceptual design by architect Clare Walton and Built by Huff Construction Company, winner of The Builder of the Year in Truckee – Tahoe
- Newest Phase built in 2023+
- +/- 24 Units Luxury Contemporary Mountain Townhomes are located with various addresses on Jakes Way. Part of the “Village at Grays Crossing”
- This new phase has each unit as an end unit, with just one shared wall between units.
- Property Style: Townhouse with shared walls
- Located in Nevada County
- Pets: Owners can have pets. See HOA rules for more information
- HOA fee includes: Access to the pool and fitness facilities at Gray’s Crossing, grounds maintenance, snow removal, building insurance, exterior building maintenance
- HOA Fee: $2,344/quarter for comparison purposes $778/month (For the Year: 2024) for units on Annie’s Loop
- HOA Fee: $2,250/quarter for comparison purposes $750/month (For the Year: 2024) for units on Jakes Way (Final number to be determined)
- Private Transfer Fee on completion of each sale: ranges from 1% of Sales Price for units on Annie’s Loop
- Private Transfer Fee on completion of each sale: ranges from 1.75% of Sales Price for units on Jakes Way
- Property Taxes will include CA State Fee, and additional payer add-on items plus Mellos Roos Fee
- Mello Roos Fee approximately $2,600 for 2023-2024 in addition to property tax for units on Annie’s Loop
  - The estimated Mello Roos payoff amount is about $27,000. This assessment runs through 2035, but paying it off is an option for owners.
- Mello Roos Fee approximately $5,500 for 2023-2024 in addition to the property tax bill for the units on Jakes Way

If you already own a townhouse in Gray’s Crossing community and want to know what your property is worth, call me 530.414.1260 for a confidential consultation.

Interested in a Gray’s Crossing Luxury Home? View current listings here:

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Photos of Gray’s Crossing Development:

Gray's Crossing Townhouse Development Truckee

Need more help in trying to figure out your Truckee luxury property buying options?

Do you want help figuring out the HOA fees and which communities, or developments will best meet your needs? Call me at 530.414.1260 and I can help you find the right place to buy!

For all of your Tahoe Real Estate Needs –
Laura A. Allen | 530.414.1260 | Laura@TahoeLaura.com
BROKER ASSOCIATE | Tahoe Real Estate Agent
CalRE# 01473598
Coldwell Banker | Tahoe City – Truckee, CA

All information is deemed reliable, but is subject to change, and/or correction without notice.
Buyers and Sellers should investigate and verify all information to their own satisfaction.

Gray’s Crossing Townhouse Development Truckee