Lake Martin Voice Realty
Heard About These 4 New Projects On Lake Martin?
Psssst .. There are 4 new construction projects on Lake Martin that might be news to you. 
Everyone loves a juicy piece of gossip, and the only thing growing faster than the Lake Martin real estate market is the grapevine that spreads the news about it. Are any of the new construction projects below going to be near your lake place, or the one you plan to buy?
- 1. The Bluffs at Copper Creek
- Location – Off of Centerport Road and Highway 50
- Concept – Condominiums
- Density – 8 buildings – 3 stories each, 10 units per building or 80 total
- Price Range – looks like the first phase is $341,000 to $431,000
- Available – First buildings to be ready by “late Summer 07
- Lowdown – This is on the Cooper Branch of Blue Creek. How they got from Cooper to Copper I do not know. Maybe there is a Copper Creek in Cooper Branch. They’re still working out details such as boat slips and amenities.
2. Waterstone
- Location – Near Nero’s Rock Road off of Elmore County Road 80 and Highway 63
- Concept – turn key homes, community waterfront
- Density – there are 93 lots for sale on the master plan
- Price Range – 4 different house plans from $289,900 – $319,900
- Available – taking reservations, no construction is apparent right now
- Lowdown – 93 homes on about 12 acres (per tax map). None of them will own waterfront. There will be a zone along the shoreline that apparently will be owned by the Homeowners’ Association. The 8 planned docks will be community property as well.
3. Crowne Pointe
- Location – Take Highway 50 to Centerport Road to Silverhill Road, all the way at the end of the peninsula
- Concept – Condominiums
- Density – 5 buildings, 3 stories each, 18 units per building or 90 total
- Price Range – resales are priced from $375,000 to $610,000
- Available – all 5 buildings still under construction, buildings 1 & 2 – Spring 2007, 17 for sale on MLS now (you can search it by clicking “MLS Listing Search” on the right margin, no strings attached)
- Lowdown – These units were the priciest until the Ledges at the Ridge and The Pointe in Stillwaters. They took a long time to get going, but they’re closing in on being ready. Big water views abound.
4. Bolton Cove
Location – Take Highway 9 to Highway 259 to Coosa County Road 20- Concept – 25 Tuscan villas based around and sharing a Manor, pool, beach, and various concierge services
- Density – 25 home sites
- Price Range – according to the website $700,000 to over $1 million
- Available – taking reservations, construction is not apparent right now
- Lowdown – I guess if the Maestro has Tuscany locked down, Jerry Seinfeld can get a villa here on Lake Martin
Click here for Bolton Cove Update
Do you see any corrections that I need to make? What about construction updates? Has anyone heard of any other new developments? Break the news here by writing a comment below.
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What have you heard about Water’s Edge located in the back of Chuck’s Marina cove?
Stan – The Water’s Edge condo development is located, according to the directions on the MLS: “By water across the slough from Chuck’s Marina. Hwy 50 right on Turner Road, left on Lakewood Drive, left on Waters Edge Drive”
There are 48 units for sale on the MLS that have been there since late 2005. They are priced from $525,000 for a 3 bed 3 bath to $700,000 for a 4 bed 4 bath. Right now, 8 of those units are shown as “Pending” which means they are under contract to sell.
The last time I drove by the site, they had cleared off the trees but had not began any work. I assume it is because they have not sold enough of them. Maybe I am wrong, maybe they are all sold but the MLS is not updated. If that’s the case, though, you would think they would be building. Someone more in the know that me can feel free to correct me, but it seems that the chances of construction in the short term are slim.
Time to update this one. The Bluffs at Copper/Cooper Creek are now listed on MLS as townhouses instead of condos. Bolton Cove dropped the Tuscan style in favor of a more southern style, and has dropped mention of the boat valet in favor of boat slips. I’d be interested in anything you know about some other more recent developments, such as Karis Park, or why Russell has opened an office in “downtown” Equality.
Mike – you’re right – a lot has happened in the (almost) seven months since I wrote this post orgininally. Bolton Cove has since changed to “Floridian style architecture.” I think that will be a much closer match to Lake Martin. I still don’t see any construction progress.
The Bluffs at Copper Creek – there are a few things on the MLS, but they are “townhomes” – but the site description still says that it is a “master planned condominium community.”
Incidentally, Crowne Pointe has now paved their entrance way, so it’s easy to drive in and look around. The view from the top of that hill is pretty incredible.
Karis Park- I drove by the site a couple of weeks ago. They were pouring a couple of foundations for homes, so I really couldn’t tell anything past that.
Russell’s Equality office – ??? I guess they wanted a presence on the west side of Lake Martin like they do on the east (Dadeville) and central (Willow Point).
It was a very nice idea! Just wanna say thank you for the selective information you have distributed. Just continue publishing this kind of post. I will be your hardcore reader. Thanks again.