13139 Fairway Dr – Old Greenwood

13139 Fairway Dr – Old Greenwood – Truckee, CA

Listed originally for $1,250,000, underpriced, right before a busy holiday weekend. The seller did not receive the really strong, fast over list offers they wanted within 7 days and then they came and stayed in their property over the busy weekend. Note – If you really want to sell your 2nd home do not list it, underpriced especially, right before a busy weekend and then come and stay in it and not allow showings. It needs to be really easy to show/see when listed, at least for a few weeks and a busy holiday weekend. They then raised the price to $1,300,000. It is worth somewhere around $1.3M. It is a good property and location. It will sell if they are realistic sellers. This is not my listing. I do like it. Hoping to sell it.

This property does have a little rental challenge. With Truckee banning short term rentals within town limits in common wall properties which makes Zero sense for Old Greenwood. Almost all rules need to have exceptions. It makes sense in some communities but not this one. This will not bring down values enough to result in long term rentals (which is what the town wants) or encourage owners to rent long term, which is what the town is trying to do. It might bring down prices slightly just to make a property less expensive for a 2nd homeowner. People are not buying property for $1M+, or at all, to rent them long term.