The final phase of construction at Silverock has begun, with two cottages in progress along the road leading from the Mountain Side pool.
The cottages under construction–the Ash and the Boxelder, are notable for open spaces on the lower level and large porches off the kitchen. Tucked away amongst a thick canopy of oak and pine trees, these homes sit above the road and feature fantastic views–perfect for a quiet weekend retreat or entertaining guests at the lake.
Prices for these cottages start at $299,000. For more information about the cottages in Phase V, please feel free to contact one of our realtors at 205-994-6504.
The cottage at lot 305 at Silverock has gone under contract.
It’s been a busy year on Smith Lake for our agents at H2. Work continues at Silverock Cove, and the construction has recently started on Phase V, the final phase of development on the site.
Sales have been steady throughout 2012. In the past few weeks homes on Silverock Cove lots 305, 306, 404 and 406 have gone under contract. These are some of the last remaining lakeside lots at Silverock–only six lakeside cottages and five lakeside row homes remain. In addition, 2 of the 12 off-water homes in Phase V have been sold.
The development at Point William has seen its first homes sold. Two homes have closed and two are soon to go under contract. Work there has been progressing nicely, and there has been a great deal of interest in the project. There are limited lakeside sites at Point William, and we expect these to go quickly.
Homes listed on Smith Lake are selling within 45 days. This is a remarkable trend, and speaks to the demand for real estate on the lake.
If you are interested in a home at Silverock, Point William or want to inquire about other properties around Smith Lake, our sales agents would be happy to assist you. You can reach the H2 office at 205-994-6504.
Houses on Smith Lake are increasing in value.
What a difference a year makes.
It’s no secret that the economy has been sluggish the past few years. As the recession has battered home prices across the country, the Smith Lake market has felt the effects of the housing downturn.
But the picture in 2012 looks brighter. Compared to the 1st quarter last year, lake home sales are up 113% by dollar volume. The number of homes sold over $400,000 is up 167%. And the number of days a home stays on the market is down 26%.
This is great news for home buyers on Smith Lake–as home values rise buyers feel more secure in their investment. Homes at Silverock are unique, as each unit has built in amenities that make the properties attractive and add value to the real estate.
If you are considering a lake home, now is a great time to buy with home values on the upswing. And Smith Lake is a great place to start looking. If you’d like to schedule a tour of the homes at Silverock Cove, please contact one of our agents at 205-994-6504.
View of Point William from Smith Lake
Things are progressing at Point William–the development just down the road from Silverock. Some of the first homes are nearing completion, and photographer Chris Luker stopped by recently to document the progress.
Point William’s homes are situated among the rocks, looking down from a hilly vista over the lake. Construction is ongoing, and the road is nearing completion. Soon, work will begin on the pool and landscaping projects around the site.
If you’d like to schedule a visit, please contact H2 Real Estate at 205-994-6504. Point William is located off County Road 933, just a few miles past Silverock Cove.
Created with flickr slideshow.