Printer Friendly

New home development offers interim lodging.

An unusual program allowing buyers to live in unsold homes while their new home is under construction, is boosting sales at Woodlands and Water's Edge on Saratoga Lake, reports developer Robert Nelson.

Woodlands, a luxury development of single-family homes, and its sister townhome community, Water's Edge on Saratoga Lake, form a $70 million, 349-unit development here.

Nelson says in one instance an executive of the McDonald's Corporation moved from Tennessee to a new office in the Saratoga area, before construction of his home could be completed. Knowing he could live temporarily in the community right away helped solidify his decision to buy at Water's Edge.

In addition to offering access to Saratoga Lake, Woodlands and Water's Edge both enjoy year-round common amenities, including a 175-slip marina, private beach and boardwalk, a 13,000-square-foot athletic pavilion with indoor and outdoor tennis courts and swimming pools, sauna, whirlpool, fitness room, racquetball court and basketball court.

Woodlands also allows buyers to custom-design their homes' interiors.

Woodlands and Water's Edge on Saratoga Lake are being developed by Manhattan-based Nelson Equities.
COPYRIGHT 1993 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:real estate developer Nelson Equities Inc. promotes program allowing home buyers to live in unsold homes within development while awaiting construction of own
Publication:Real Estate Weekly
Date:Sep 22, 1993
Previous Article:Jos. A. Bank selects 1st Manhattan locale.
Next Article:$67.5M in notes arranged for portfolio of 9 hotels.

Related Articles
Developer assists buyers with selling their homes.
Home developer rescues 'trapped' homebuyers.
Nelson Management Group formed.
Related Companies enters super-luxury condo market.
Developers and towns can benefit from infill creativity.
Landmark hotel converted to condos.

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters