(Pickwick Lake Specific)
7 messages
Updated 3/7/2023 5:46:39 AM
Lakes Online Forum
83,630 messages
Updated 5/22/2024 10:56:34 PM
Lakes Online Forum
5,193 messages
Updated 4/3/2024 3:47:36 AM
(Pickwick Lake Specific)
1 messages
Updated 2/23/2007 1:46:56 AM
Lakes Online Forum
4,169 messages
Updated 4/15/2024 11:05:05 PM
Lakes Online Forum
4,260 messages
Updated 3/24/2024 9:24:45 AM
Lakes Online Forum
2,976 messages
Updated 3/20/2024 11:53:43 PM
Lakes Online Forum
98 messages
Updated 4/15/2024 1:00:58 AM
|
|
|
| Name: |
John C
- 
|
|
| Subject: |
Eagle's Point is now Water's Edge
|
|
Date:
|
5/10/2010 2:33:11 PM
|
Please forgive me for mentioning a listing here, but several of you in the past have asked (me or in general) the question, "What's the deal with Eagle Point?" Up to now, I wasn't able to answer fully. Since this affects so many people on the western side of the lake, I thought I would post a quick reply here:
I am pleased to finally be able to respond. The official answer now is - it is "Water's Edge" - a new waterfront development.
For those of you unfamiliar with the former Eagle's Point - it was a development started circa 2006 at the end of Coosa County Road 20. It is approximately across the water from Veazey's Marina and most of it looks southeast for a couple of miles to Sand Island.
The developers on the original Eagle Point scraped off the hill, put in a street and utilities, etc., and built 1 spec house. The other homes were originally slated to sell at about $900,000. They also started a couple foundations by pouring 2 slabs. The market then went sour, and, as the sum of many other circumstances, the bank took the entire project back.
The bank then went back to the drawing board, so to speak, to analyze what they have and what to do next. The essential questions to answer were:
1. how to turn what has been an eyesore (undeveloped red dirt) into a beautiful development
2. how to take something that (some neighbors argued) didn't fit into the "natural lake" feel of that area - and change it from a spec home feel to a neighborly feel
3. how to get away from the McMansion attitude back to the cabin attitude
4. how to build and sell a community, not in the $900ks, but closer to the entry point or meat of the waterfront home market in the $500ks.
Naturally these challenges were framed to a great degree by playing the cards you've been dealt. But it's my sincere hope to be part of an effort to present a waterfront community that the entire Coosa County / Parker Creek / Oakachoy / Big Kowaliga area can be proud to call a neighbor.
URL: Announcing Water's Edge At Lake Martin
|
| Name: |
Talullahhound
-
|
|
| Subject: |
Eagle's Point is now Water's Edge
|
|
Date:
|
5/10/2010 3:33:11 PM
|
Those lots really do have a million dollar view. Was any thought given to making the lots a little bigger? The houses are a good size for weekend living, but I thought they seemed a little tight for full time living.
One other question -- I know that they have shared utilities. How does that work with only 3 houses currently built?
|
| Name: |
lakngulf
-
|
|
| Subject: |
Eagle's Point is now Water's Edge
|
|
Date:
|
5/10/2010 4:25:22 PM
|
I agree that the view is spectacular!! Maybe some of the best on the lake. We "toured" the current homes under construction. From an amateurs' perspective they seem well built, and pretty good use of the space (straight up). One home has a HUGE attic room (the taller one) which would make it very useful for a lot of folks. Without that room the other one is about 3 bedrooms, but both have a very nice kitchen/great room.
There's a lot of structure besides the homes, seems to be well built, but will demand care. At one point there were some huge tanks behind the hill. I assumed these were septic that would require pumping system. Also, what are the plans for docks. Will each home have the right to build a pier? And what about building restrictions? Close to water? Who has to abide by the rules?
|
| Name: |
Samdog
-
|
|
| Subject: |
Eagle's Point is now Water's Edge
|
|
Date:
|
5/11/2010 6:59:33 AM
|
At my age, late 50's, I would not want to look at a future of hiking up and down that hill!
|
| Name: |
boataholic
-
|
|
| Subject: |
Eagle's Point is now Water's Edge
|
|
Date:
|
5/11/2010 10:56:24 PM
|
Looks like an improvement over the original plans. Not perfect, but glad to see something good happening. Bolton Cove needs to watch closely and adjust accordingly.
|
| Name: |
John C
-
|
|
| Subject: |
Eagle's Point is now Water's Edge
|
|
Date:
|
5/12/2010 12:36:04 AM
|
Hey, thanks for the interesting responses!
@ tallulah - agreed, they are targeted for vacation homes. Utilities: all are separately metered, and the septic is in a private septic community system (a la the ridge) so there are no shared utilities. Lot lines - that dice was cast 3 years ago, the other developer put in all of the infrastructure. Unless they wanted to dig up all of that, they had to pretty much stick with what is there. Otherwise you would end up with like 4 big lots and the price tag would be huge on each.
@lakngulf- the neighborhood private septic system is across the street. We feel like all homes will require care, obviously, but without a yard to cut, and the neighborhood fees paying for any landscape maintenance, we feel like work time will be minimal, fun time maximum! Pier - the homes on the first phase are planned to have a deeded slip in 1 of 2 floating docks. So your walk will be minimal. We looked at it six ways from Sunday, and while in a perfect world the best option is to have 1 pier per home, given the lot lines we felt like it would "junk up" the view from the homes, the view from the water, and upkeep on the owners would be outrageous given the big water, waves, and traffic. Rules - like any neighborhood, only those who buy in it have to abide by the rules. In this case the rules will be pretty normal covenants and restrictions. Again, the goal here is to keep it as cabin like as possible, old school lake martin if you will - to the extent that we can given what was there before.
@samdog- we hope you have to hike only as long as you want! See the comment above, a deeded boatslip would only be a few steps away. Going down the hill to the current dock is temporary only. Inside the home, you do have stairs to take you down. Also, each home is designed with an elevator shaft in case a buyer would opt to have one put in. Elevators are actually pretty cost effective and widespread on the lake. At our family cabin, we have what I consider to be a gentle slope and we have 3 times the steps to get to our dock. I admit, on Lake Martin there is (generally speaking) a trade off - you have to take a steep lot to get a big view. We have a big view, and (let me be frank) would love to have a flat lot at Water's Edge but hopefully the site improvements, home designs, and price will mitigate the walk enough to make it make sense for some folks. Beyond that, if it takes me throwing in my golf cart to make a sale, well...... :)
Thanks to everyone for your comments!! This is great stuff. It is a huge help to be able to gauge the community reaction, and fitting in to the area and being a good neighbor we think will be a key to success here. So I welcome your thoughts and ideas.
Thanks folks!
|
| Name: |
widgethater
-
|
|
| Subject: |
Eagle's Point is now Water's Edge
|
|
Date:
|
5/14/2010 7:14:41 PM
|
Not to be confused with "The Waters Edge" located within Still Waters
|
|
|
New Post
Search
Pickwick Lake Topics Forum
Reply
»
Alabama Lakes
»
Pickwick Lake
Login
|
Home
