Cedar Point Park Home Sells in 18 Days!
I am proud to announce the Sale of my Listing of this spectacular Cedar Point Park Association Lakefront “Parkfront” Home in just 18 Days for 99.4% of List Price!
Lake Geneva lakefronts come and go, on average we sell upwards of 2-3 lakefront homes per month on Geneva Lake depending on the season, with a yearly total of 20-25 homes, and an average sale price in the $2-2.5MM range. Our well balanced properties come in around the $3.5-5MM mark and our ultra properties fetch $5-8MM. Occasionally we log a robust year like 2012 and nail 32 sales or get a stellar property on the market that commands over $10MM. At any one point we typically have 35+ lakefronts on the market, or just a little over a year and a half’s supply of inventory.
Parkfronts – Always In Demand And Rarely Available
True lakefronts are all fine and dandy for the upper echelon buyer. But what about the family that wants the benefits of lakefront living without the high costs? That is where the more affordable “association lakefronts” or “parkfronts” as we call them in Cedar Point Park, come in. Always in demand, and rarely available, this class bridges the gap between true lakefronts and off water access homes. In contrast to lakefront listings, we only get 1 parkfront listing every 2-3 years or so, and rarely do we ever get a new construction masterpiece like 543 Park Ridge Rd offered for sale. These homes command a lakefront view, lined up along the shoreline at varying distances, with nothing but association owned green space between them and the sparkling blue waters of Geneva Lake, and a fraction of the taxes associated with true lakefront ownership. No wonder they are in demand!
Boat slip and mooring rights are by wait list, but with Cedar Point’s 8 lakefront parks and thousands of feet of frontage, you’ll get them sooner than later. Many new owners sign up for Gage Marines “boat club” directly across the bay or rent a slip until they get their desired mooring. The Parkways offer acres of meticulously landscaped lawns, swim piers for sunbathing, swimming, fishing and lounging with neighbors and friends, boat piers, ramps and buoys, direct access to the Geneva Lake Shore Path, and in winter, sledding hills for the young at heart.
The Ultimate Lakefront Entertaining Home
543 Park Ridge Rd was designed from the ground up to be the ultimate lakefront entertainment home. I worked with the Seller to select and purchase the perfect parkfront lot (an existing modest lake home was torn down) with enough slope to accommodate a finished lower level walkout, yet level enough to walkout to the parkway grade without steps. From there a conceptual design with radial window sets viewing the park and lake was envisioned, and finally I paired the Seller with a local architect and builder, who worked seamlessly to accomplish the Seller’s dream home.