My family stayed in a 1 bedroom condo at the Iron Horse Lodge during the big heatwave. It reached up into the 90s in Tahoe, so having AC was nice. The accomodations are very nice. Very roomy for a family of 4. The kitchen had everything we needed and the bathroom was very large.
As with all new lodgings, they are still working out some of the kinks. We were not provided with linens for our pullout sofa bed. Called down to the main desk, and was told that housekeeping was unavailable after 5pm and security would bring some up after they took care of a bear problem. Somebody did bring us sheets around 10pm, but our kids were asleep by then (we just put them under a blanket). The next day, a manager came up to apologize to us, which was nice.
The village is still under construction. Most of the contruction is done during the day. Since we were out every day, that didn't bother us. But if the village ammenties and activities are important to you, wait until the village is complete. We had a condo on the top floor facing the old condos (I requested the quietest location). They said that construction would start at 7am each morning. We hardly noticed the noise, which was nice.