Real Estate Recap July 2023

Jul 1, 2023

Rumors were true and the Club sold to Heritage Golf Group. Based on the meeting held, exciting improvements are planned for the Club, which means added value to the Community.

One home is For Sale (per the 6/26/23 NEFMLS). 10091 Chester Lake, priced at $785,000, is a 2712 sq ft pool home on the 6th hole. It went under contract, but is back on the market as the contract fell through.

Three homes are under contract. They have been on the market 24-83 days.
• 7927 Vineyard Lake – a 2,882 sq ft home Listed at $725,000.
• 9941 Margate Hills – a 1,894 sq ft home Listed at $499,990 (originally $549,901).
• 10009 Randallstown – a 2,727 sq ft home Listed at $799,000.

Four homes Sold the past 3 months and were on the market from 20-48 days. They sold 95-99% of List Price. Most recent sales are:
• 10028 Vineyard Lake, a 3545 sq ft, 5 bed/4.5 bath pool home. Originally Listed at $899,000, it sold for $828,000.
• 7881 Heather Lake, a 2,316 sq ft, 4 bed/2 bath home. Originally listed at $599,000, it sold for $575,000.
• 10110 Bishop Lake, a 3,259 sq ft, 4 bed/3 bath home with a pool. Listed at $839,900, it sold for $800,000.

An unique opportunity exists with 10378 Cypress Lakes, a vacant lot (with a pool) now on the market. It is Listed at $375,000. The lot at 7932 Stratford Chase may soon be available, too, as the house has been demolished.

Congratulations to the swim team on winning their first meet! Thanks to the Deercreek Investment Group for the many improvements over the past 2 ½ years. As Heritage Golf Group assumes ownership of the Club, the Community will see the benefits of additional improvements. Summer is here and promises lots of excitement!

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