Waterfront neighborhood’s quality, flexibility, and value targeted to retirement, second-home buyers
SUNSET, SC – June 28, 2012 – For the first time in its 12-year history,The Reserve at Lake Keowee is releasing a neighborhood of fourteen homesalong an area known as Marina Park, a stone’s throw from thecommunity’s amenity-centric waterfront Village. Village Point, as theneighborhood is called, presents the trifecta of what second-home buyersare seeking: remarkable beauty and quality, flexible floor plans, andvalue.
Village Point features three home plans, ranging in size fromapproximately 2,650 to 3,750 square feet, each of which may becustomized by adding terrace levels, garages, and upper levels. Theneighborhood is located within five minutes or less by foot or golf cartfrom 10 of The Reserve’s most popular amenities. Inside the grounds,Village Point is a haven on the water, featuring pedestrian pathwaysaccented by statuary and manicured landscaping. Pricing for homes inVillage Point begin in the mid-$600,000s, and the homes qualify forentry into the community’s residential rental program.
Homes in Village Point have been designed by the Atlanta, Ga.-based firmLew Oliver, Inc., and will be built by Pyramid Construction, a wellknown, trusted general contractor within The Reserve that constructedthe community’s Pool Pavilion complex, Tennis & Fitness facility,Guest House Cottages and Laurel Pond neighborhood.
“The architecture of the Village Point at The Reserve at Lake Keoweewill be, in essence, the quintessential summer lake cottage,” describesLew Oliver, architect of the project. “Found in lake districts andcoastal villages of the Eastern Seaboard, the homes are free-formvernacular and shingle styled, with asymmetrical gables, ribbon windows,and rambling porches. Designed for capturing the summer breezes, thedesigns are open and casual. Interiors will be comfortable andnon-pretentious, but with a nod to style. The finish palette includesmountain rock, handmade brick, wood shingles and siding, with Arts andCrafts period colors. Clustered on the most prominent peninsula in TheReserve, the village will be entirely pedestrian friendly, convenient tothe Town Center, boat slips, clubhouse, and amenities, only minutesaway on foot.”
“We have a couple of key reasons to be very excited about VillagePoint,” states Chuck Pigg, Community Manager of The Reserve at LakeKeowee and Vice President of Greenwood Communities and Resorts (thecommunity’s development partner). “First, it feels great to beofficially ‘back in the development business’, bringing this new productto market after prudent dormancy during the real estate recession.Second, we are releasing our most compelling home packages to date.Never have we been able to sell property so close to the water at thisprice point. Our lakefront homesites have historically averaged 25percent higher than what we’ve been able to create here within VillagePoint. We got creative with this, and we expect to be successful.”
Rutledge Livingston, The Reserve at Lake Keowee’s Director of Sales addsthat “buzz has been building for Village Point since earlier this year.More than 150 people from across the country signed up to be a part ofan exclusive Interest List, long before the first plans were drawn. Wealready have a handful of reservations for specific homes and feel thatthe neighborhood is being very well received.”
The brochure about Village Point paints an idyllic lakeside lifestyle that awaits homeowners:
Hop on the golf cart and follow the neighborhood path to the VillageMarket for a bite to eat. While you’re at it, pick up a picnic lunch forthe boat, and your mail at the Post Office. Walk to the marina, whereCommodore Carlisle and his team have your boat fueled and cleaned, innertubes inflated, or your canoe or kayak at the ready, for a day offamily fun on the water.
Breeze up to the Great Lawn for any number of signature gatherings amongneighbors and friends, or pop over to The Orchard House for achef-inspired dinner, or 18 holes on the Jack Nicklaus Signature GolfCourse.
Exercise the dog – or better yet, take a date-night stroll –through themanicured grounds of Village Point, dotted with artistic focal elements,lush landscape, and statuary, or extend your walk along the boardwalkoverlooking The Reserve’s 200-slip Marina at the magical hour of sunseton Lake Keowee.
This is a day in the life at Village Point.
The Reserve at Lake Keowee’s increase in sales activity is illustrativeof a nationwide resurgence in second home purchasing power. According tothe 2012 Investment and Vacation Home Buyers Survey published earlierthis year by the National Association of Realtors (NAR), the interest inand sales activity surrounding second homes across the country issurging, up 64.5 percent in 2011 from 2010, and accounting for 11percent of overall real estate transactions. While admittedly thelending atmosphere is still challenging (42 percent of second hometransactions were paid in cash), the demographic of potential buyers whohave traditionally made up the lion’s share of vacation home purchasesis dramatically on the rise: currently, 42.1 million people arecurrently in their 50s, 43.5 million in their 40s, and 40.2 million intheir 30s – a healthy, abundant pipeline to fuel greater sales volume infavorable economic conditions.
About The Reserve at Lake Keowee
Created in 2000 by Greenwood Communities and Resorts, The Reserve atLake Keowee is an award-winning residential community that spans 3,900acres in the foothills of the Blue Ridge Mountains, with 30 miles ofshoreline on Lake Keowee and convenient access to nationally-recognizedcommercial and cultural centers that include Greenville, S.C.;Asheville, N.C.; and Clemson and Furman Universities. Voted the “BestLake Community” of 2012 by Real Estate Scorecard and a “Best forBoating” community by LINKS Magazine, The Reserve offers more than $100million in completed family amenities including a 200-slip Marina,Village Center, Jack Nicklaus Signature Golf Course, and more than 1,400acres of parks, preserves, trails, and green spaces. The Reserve hasapproximately 650 members from 30 different states, with an additional660+ extended family members who enjoy club privileges through themulti-generational Legacy Membership program. Homesites at The Reservestart in the $100,000s; homes, under $500,000. To learn more, call877-922-LAKE (5253), visit www.ReserveAtLakeKeowee.com, or read the community’s official blog at www.LifeOnKeowee.com.
About Greenwood Communities and Resorts
Greenwood Communities and Resorts, based in Greenwood, S.C., is aleader in the creation and management of award-winning residential andresort communities in the southeastern United States since 1978.Beginning with the award-winning Palmetto Dunes Resort at Hilton HeadIsland and evolving to current communities like The Ponds, Big Canoenear Atlanta and The Reserve at Lake Keowee, Greenwood’s mission hasremained the same: Create memorable places that foster meaningful andfulfilling lives.