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NJ developer begins $40M Duck Harbor plan.

NJ developer begins $40M Duck Harbor plan

The Duck Harbor Company has begun development of the first phase in a 980-acre private residential community in Wayne County, Pennsylvania, announced Joseph Harcum, president.

The Ridgewood, New Jersey resident, and his wife Nancy, are planning 81 homesites at The Woods at Duck Harbor with a minimum of 10 acres each. The property surrounds Duck Harbor Pond, a 205-acre glacial lake stocked by the Pennsylvania Fish Commission and large enough to permit motor-boating. The 10-year project, valued at approximately $40 million, has been conceived with its primary goal, to preserve the natural woodlands of the property.

Phase I contains eight homesites priced from $99,000 to $199,000, four of which have approximately 400 feet each of lake frontage. The developer has completed roadways throughout this phase, and, in a joint venture with Mountain Valley Builders of Hawley, Pennsylvania, has started construction of a 3,060 square foot four-bedroom speculative lakefront home priced at $575,000. "We are offering both sites and the finished home in Phase 1," Harcum explained. "In this way, a buyer has the option of creating a custom residence to satisfy a particular lifestyle or moving into a finished house."

Located in Lebanon and Damascus Townships, 120 miles northwest of Manhattan, 150 miles north of Philadelphia and 30 miles northeast of Scranton, The Woods at Duck Harbor is situated more than 10 miles from the Delaware River in a relatively undeveloped mountainous region. Honesdale, the County Seat, is approximately 15 miles away.

Harcum has planned the development to preserve the land in its natural state. Deed restrictions and protective covenants limit the amount of woods that can be cleared; all utility and cable lines are in place underground, and the roads have been finished in natural stone aggregate, to create a unique country retreat.

At the same time, architectural guidelines for custom-built homes are minimal, requiring at least 2,500 square feet or $250,000 in construction costs. "The style and layout is completely up to the individual buyer," Harcum said.

Noticeably absent from the plans of this luxury community are the typical common area amenities such as a clubhouse, swimming pool and tennis courts. Instead, horseback riding, hiking and biking trails will be blended into the forest, and Harcum's own horse farm, on the lake, is available to stable homeowner's horses.
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Title Annotation:Duck Harbor Co.
Publication:Real Estate Weekly
Date:Jun 26, 1991
Words:393
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