New Year, New Starts at Marshes Light

December 26, 2011

Despite a sluggish real estate market in 2011, Marshes Light has withstood not only foreclosures and lowered property values around the Outer Banks, but also Hurricane Irene in late August. The storm created minor damage to the electrical boxes at the marina and the elevator pads in the buildings. All have been fixed or in the process of being repaired.

Sales in 2011 included two marina villas and two home sites with a new home currently under construction. Interesting fact – there have been no re-sales at Marshes Light indicating that Marshes Light is a highly coveted community with a great deal of pride of ownership.

We are developing plans and pricing for the next condominium building, The Camellia. Located on the Marina, every villa within will face east with panoramic views of the Roanoke Sound. The building will house eight villas, three with two bedroom villas, and five with three bedrooms. With a lot of interest in the Camellia, we anticipate heavy demand for these eight villas; so be sure to let me know if you would like to be included on updates and sales information.

View from The Camellia

Our sales office is located on the Marina at 301 Dartmoor Lane. Phone 252-475-9863 or visit us at www.marsheslight.com.

Have a healthy and happy New Year!

 

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