The Reserve at Lake Keowee Expands to Meet Need
As vacation home market sees increase in demand, The Reserve at Lake Keowee responds by increasing supply.
A sign of vacation home sales improvement, The Reserve at Lake Keowee will open a second phase of its Village Point neighborhood and open a model home within the Village Point neighborhood this fall. This model home and new development phase – accompanied by completion of a second neighborhood’s model home and groundbreaking of a third, new neighborhood – usher in a new chapter of growth for The Reserve.
Village Point is a marina-front neighborhood boasting lakeside living just a short distance from a golf facility, pool pavilion, fitness and tennis center and more. Since the announcement of Village Point in August 2012, 11 of the 13 Phase I home sites have sold, and seven homes are currently under construction. The designer-furnished model home features the Mainsail floor plan, a 2 bedroom, 2.5 bathroom layout. With a spacious two-story porch and finished courtyard with grill and wet bar, the Mainsail offers beautiful indoor and outdoor living space. A well-appointed kitchen, luxurious master suite, and option third floor and guesthouse add-ons complete this desirable, open concept home.
This expansion is in response to an increase in demand for vacation homes. According to the National Association of Realtors, vacation home sales rose 10.1 percent from 2011 to 2012 and accounted for 11 percent of all purchase transactions in 2012.
On the heels of a successful initial phase, The Reserve has opened reservations for Village Point Phase II, which will offer for sale an additional 17 home sites to the neighborhood. Home and site packages are expected to start in the mid-$700,000s.
For more information, visit The Reserve.