As homebuyers continue to place a premium on recreational amenities, developers have responded with … [+]
Strand Hill Properties
How does that old proverb go? All work and no play makes Jack a dull boy? Known these days as work-life balance, this guiding principle fits the post-pandemic zeitgeist. It influences the types of jobs we pursue, the vacations we take and the homes we buy. Seems old wisdom dies hard.
Since the pandemic and the rise of remote and hybrid working, many professionals are placing a premium on lifestyle when it comes to their real estate purchases. Properties offering recreational amenities have increasingly caught their attention. After all, if one has the luxury of working from home, why not find something that lets you tee off before the work whistle blows, or hit the slopes in between meetings?
Ever the students of buyer trends, developers have taken notice of this heightened appetite for play. Check out these latest developments on the market now and find that perfect work-life balance.
Site selection for a new golf community was simple, says Travis Club CEO Leisha Ehlert. The lakeside … [+]
Travis Club
A Lake Travis Golf Community Teeing Up For Growth
As one of the fastest-growing metropolitan areas in the country, Greater Austin is a hotspot for new development. And much like the area itself, golf communities in Texas have surged in popularity since the pandemic.
Standing at the gates of Texas Hill Country, Travis Club, an upcoming premier golf community on the shores of Lake Travis, is a real draw for golf enthusiasts. Gently sloping to the water’s edge, it occupies 1,500 acres on one of the lake’s most desirable peninsulas, says Leisha Ehlert, Travis Club CEO. “The location has that spectacular palette that lets the Travis Club deliver on its promise of exceptional.” Morning tee-offs will be graced by the Texas sun rising off the winding lake. By the afternoon, the eastern-facing hills provide partial shade.
The scenery is more than eye candy. Thirty miles of private trails provide memorable hiking and biking. A marina grants residents direct access to the water. Designed by the architect behind the master plan of PGA Frisco’s West Course, Beau Welling, the 18-hole course will be a splendor all its own.
The first phase of the community, scheduled for 2025, includes 106 lots, 80 of which are already either closed or under contract. Ehlert says it’s not just golfers who are eyeing up by Travis Club. “We’re seeing buyers across the gamut—young families, empty nesters, boat enthusiasts, trophy homebuyers.”
Moreland Properties is the broker of record for the project.
A true rarity, the 60-acre land holding is one of the few opportunities in LA County to build a … [+]
Strand Hill Properties
The Largest Residential Land Assemblage In LA’s South Bay
Thirty miles south of central Los Angeles, in the Rolling Hills neighborhood of the Palos Verdes peninsula, three parcels of land covering 60 acres have recently set a local real estate record. Combined, these parcels form the largest contiguous residential property available in the South Bay.
Size, however, is not what makes the land exceptional. Unburdened by obstructions, the dramatic hillside property gazes on Los Angeles in its entirety, as if the city were nothing more than a basement trainset. The Pacific coast and horizon, too, are in view. “It feels it transcends limits,” says listing agent Suzanne Dyer of Strand Hill Properties. “That you can live within driving distance of downtown LA or Beverly Hills or Santa Monica and be able to have a working ranch atop a hill with views of the city and the ocean… that’s pretty unique.”
Despite stretching across a hillside in a perched position, the landscape’s grade is fairly mild. “Most parcels this big are hanging off the side of a cliff. Storm Hill is relatively flat. So opportunities for development are so much less restricted,” Dyer notes. Developments, if following the property’s history, could include equestrian facilities. Purchased by business mogul Walter Storm in 1955, the parcel was used to further the active equestrian lifestyle, even hosting grand cross-country events.
Consisting of 5.38, 21.92 and 32.35-acre lots, the parcels can be purchased individually, or as a whole for $50 million.
Hidden within the sleek, Scandinavian-inspired exterior of The Amble is an all-electric design.
East West Partners
A Flurry Of Investment Arrives In Steamboat Springs
In 2017, the Alterra Mountain Company took ownership of the Steamboat Ski Resort, bringing an avalanche of investment to the small town of Steamboat Springs. Updates to the resort were substantial. A brand new gondola was constructed—the longest and fastest in North America. The Greenhorn Ranch learning area was created, and the footprint was expanded by 650 acres, making it the second-largest ski resort in Colorado.
Naturally, the development of residential projects follows close behind. The Amble will be the first new residential community in Steamboat’s base area in 15 years. “Alterra have put their money where their mouth is. They seem completely committed to making the resort the number-one destination in Colorado, and this project will come on the heels of that,” says Ryan Stone, Managing Partner of The Amble’s developer, East West Partners. Discerning buyers have seemingly read the signs of Steamboat’s bright future, with The Amble already starting to sell its 42 residences despite only recently breaking ground.
At The Amble, a robust set of amenities and access to world-class skiing does not come at the … [+]
East West Partners
Keeping in line with East West Partners’ commitment to sustainability, the upcoming condominium will be serviced entirely on electrics. The building’s innovative mechanical design repurposes rejected energy to support domestic hot water and pool/spa heating, as well as snowmelt systems. Each residence also features triple-pane windows, induction stovetops and a water-vapor fireplace to eliminate gas emissions. “Sustainability has become less of a bonus and more of a standard,” says Stone. “Buyers see it as the wave of the future.”
Pricing for The Amble starts at $1.7 million. Slifer Smith & Frampton is the listing brokerage for the property.
Moreland Properties, Strand Hill Properties and Slifer Smith & Frampton are members of Forbes Global Properties, an invitation-only network of top-tier brokerages worldwide and the exclusive real estate partner of Forbes.
MORE FROM FORBES GLOBAL PROPERTIES
