Sierra Meadows and Ponderosa Palisades neighborhoods are located across from the Truckee River, off Brockway Road, and are neighborhoods that are over 85% built out. The area is 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.

Also in this area are The Sierra Pines Townhomes which are located at the west entrance to Sierra Meadows, across from the Truckee Regional Park. And, The TIMBERS Townhomes are located behind the 7-11 store along Ponderosa Drive.

And, along Brockway Road are the Winter Creek Homes, Pinyon Creek Townhomes, and Riverview Townhomes. Across Brockway Road from Sierra Meadows and Ponderosa Palisades, is the Ponderosa Fairway Estates neighborhood at the 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.

The two subdivisions of Martiswoods Estates and Ponderosa Ranchos, in this same area, primarily consist of lots of about 1 acre in size and are accessed by driving through Sierra Meadows and Ponderosa Palisades. Zoned for horses with miles of riding trails, the subdivisions are over 60% built out. The neighborhoods feature underground utilities and a mix of primary and second homes.

All of these neighborhoods are located just outside of downtown Truckee, ideally located for quick access to shopping and restaurants. Although close to town, the homes are nestled on wooded lots with some rolling hills. Most homes have level driveway access and good sun exposure. Being adjacent to National Forest land and trail heads, there is great access to outdoor recreation such as hiking and biking. Lake Tahoe is only about a 20 minute drive away and the major ski resorts of Northstar, Squaw Valley, Apline Meadows, and Sugar Bowl are within a 20-30 minutes drive.

Subdivisions in the Ponderosa area include: Sierra Meadows, Ponderosa Palisades, Pine Cone Estates, Ponderosa Palisades Townhomes, Sierra Pines Townhomes, The Timbers, Martiswoods Estates, Ponderosa Ranchos, Winter Creek, Coyote Run, Pinyon Creek Townhomes, Ponderosa Fairway, Ponderosa Meadows, Riverview Townhomes, Village Green MHP