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|
Mountain Lake Front and Lake View Investment Growth Rates
|
Lake Glenville
Lake Front Lots |
|
Development |
Lot
# |
Year
Sold |
Sale
Price |
Year
Resold |
Resale
Price |
#
years |
Total
Gain |
Total
Growth |
Annual
Growth |
|
Fenley Forest |
7.13 acres |
2000 |
$985,000.00 |
2004 |
$2,200,000.00 |
4 |
$1,215,000.00 |
123% |
31% |
|
Glenshore |
Home |
1999 |
$582,000.00 |
2004 |
$1,320,000.00 |
5 |
$738,000.00 |
127% |
25% |
|
High Hala |
C |
2001 |
$300,000.00 |
2004 |
$450,000.00 |
3 |
$150,000.00 |
50% |
17% |
|
Admiral's Point |
home |
1999 |
$235,000.00 |
2005 |
$575,000.00 |
6 |
$340,000.00 |
145% |
24% |
|
Stillpoint |
18 |
2000 |
$300,000.00 |
2002 |
$585,000.000
|
2 |
$285,000.00 |
95% |
48% |
|
Stillpoint |
4 |
1998 |
$285,000.00 |
2003 |
$670,000.00 |
5 |
$385,000.00 |
135% |
27% |
|
Buck Knob |
F |
2001 |
$330,000.00 |
2003 |
$511,000.00 |
2 |
$181,000.00 |
55% |
27% |
| Buck
Knob Landings |
F |
2003 |
$511,000.00 |
2004 |
$570,000 |
1 |
$59,000.00 |
12% |
12% |
| Stillpoint |
15 |
1999 |
$275,000.00 |
2002 |
$665,000.00 |
3 |
$390,000.00 |
142% |
47% |
| Cedar
Point Landings |
boat slip |
1996 |
$10,000.00 |
2004 |
$45,000.00 |
8 |
$35,000.00 |
350% |
44% |
| Summer
Hill |
8 |
2002 |
$620,000.00 |
2004 |
$870,000.00 |
2 |
$250,000.00 |
40% |
20% |
| Summer
Hill |
11 |
2001 |
$395,000.00 |
2005 |
$547,500.00 |
4 |
$152,500.00 |
39% |
10% |
| Lake
Forest |
5,6,7 |
2001 |
$650,000 |
2004 |
$885,000.00 |
3 |
$235,000.00 |
36% |
12% |
|
Lake Glenville Lake Views
|
| Development |
Lot
# |
Year
Sold |
Sale
Price |
Year
Resold |
Resale
Price |
#
years |
Total
Gain |
Total
Growth |
Annual
Growth |
| Cedar
Point |
home |
2000 |
$255,000 |
2002 |
$410,000 |
2 |
$155,000 |
61% |
31% |
| Cedar
Point |
home |
2002 |
$410,000 |
2002 |
$550,000 |
.75 |
$140,000 |
34% |
26% |
| Shoal
Mtn |
G |
1999 |
$45,000 |
2003 |
$169,000 |
4 |
$124,000 |
276% |
69% |
| Summer
Hill |
18 |
2001 |
$220,000 |
2003 |
$325,000 |
2 |
$105,000 |
48% |
24% |
| The
Lake Club |
13 |
2001 |
$165,000 |
2003 |
$223,500 |
2 |
$58,500 |
35% |
18% |
| Sunset
Ridge |
4 |
2000 |
$69,000 |
2003 |
$92,000 |
3 |
$23,000 |
33% |
11% |
| Sunset
Ridge |
5 |
2000 |
$69,000 |
2003 |
$149,000 |
3 |
$80,000 |
116% |
38% |
| South
Ridge |
5,6,7 |
2001 |
$101,000 |
2003 |
$153,000 |
2 |
$52,000 |
51% |
26% |
| Shoal
Mtn |
E |
1996 |
$40,000 |
2002 |
$145,000 |
6 |
$105,000 |
263% |
44% |
| Sunset
Ridge |
2 |
1999 |
$64,500 |
2002 |
$115,000 |
3 |
$50,500 |
78% |
26% |
| Strawberry
Hill |
36 |
1999 |
$34,000 |
2004 |
$115,000 |
5 |
$81,000 |
238% |
48% |
| Turkey
Knob |
home |
1997 |
$699,000 |
2002 |
$1,060,000 |
5 |
$361,000 |
52% |
10% |
| Bee
Tree Ridge |
9 |
2004 |
$80,000 |
2004 |
$155,000 |
0.5 |
$75,000 |
94% |
n/a |
| Cedar
Ledges |
6 |
2001 |
$67,000 |
2004 |
$110,000 |
3 |
$43,000 |
64% |
21% |
| Tator
Knob |
home |
1999 |
$279,000 |
2004 |
$675,000 |
5 |
$396,000 |
141% |
28% |
| South
Ridge |
10 |
1995 |
$15,000 |
2001 |
$89,500 |
6 |
$74,500 |
496% |
82% |
| The
Lake Club |
3 |
2000 |
$165,000 |
2003 |
$275,000 |
3 |
$110,000 |
67% |
22% |
Mountain
View Property |
| Pilot
Mtn |
home |
1999 |
$125,600 |
2001 |
$189,000 |
2 |
$63,400 |
50% |
25% |
| Chestnut
Mtn |
6 acres |
2001 |
$34,000 |
2003 |
$70,000 |
2 |
$36,000 |
106% |
53% |
| Hwy
107 N |
home/19 acres |
2001 |
$275,000 |
2003 |
$485,000 |
2 |
$210,000 |
76% |
38% |
| Gem
Creek |
home |
1998 |
$150,000 |
2001 |
$235,000 |
3 |
$85,000 |
57% |
19% |
| Mtn
Waterfall |
20 |
2001 |
$80,000 |
2005 |
$150,000 |
4 |
$70,000 |
88% |
22% |
| Laurel
Ledge |
1 |
2000 |
$163,000 |
2000 |
$182,500 |
.05 |
$19,500 |
12% |
6% |
The above information was gathered from Highlands-Cashiers
Multiple Listing Service.
Mountain Lake Properties takes no responsibility for its accuracy.
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