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Mark Saunders Developer Ocean Ridge

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March 31, 2011 By coastal

A Look Back and a Peek Ahead

In the message below, Director of Real Estate Sales Eric Johnson offers a look back at the Rivers Edge community and a peek ahead.

“A new year is well underway, and I thought you might be interested in a few 2010 highlights, as well as a projection or two for 2011.

Eight homesites were sold in 2010 for an average sales price of $103,785.00. We also had three Gallery Townhomes sell or go under contract for an average sales price of $211,333.00. Additionally, there was a large home along the Shallotte River and 16th Green that sold for over $700,000.00.

As for new construction, we were pleased to see the completion of four new homes in 2010, with three more currently under construction. With construction prices as low as they have been in years and interest rates at all time lows, it makes sense that many of our residents are taking advantage of the current opportunity to build their dream home – getting more for their construction dollar than they ever thought possible.

All indications are pointing to an increase in sales over 2010 numbers for this year. While it’s difficult to forecast an increase in values for our community, we do predict more sold properties this year and we are certain that we’ll see more people taking advantage of the tremendous opportunity to build.”

Director of Real Estate Sales Eric Johnson
Director of Real Estate Sales Eric Johnson

Filed Under: Rivers Edge, The Coastal Companies Tagged With: Real Estate Update, Rivers Edge

Southeastern North Carolina

Southeastern North Carolina

All of our coastal communities are conveniently located between Myrtle Beach, SC and historic Wilmington, NC in beautiful Brunswick County, NC. Nearby each community is a pristine island and the only beaches on the entire east coast that are south facing which allows for breathtaking panoramic views of beautiful sunrises and sunsets over the same horizon.

Award-Winning Communities

Our communities have annually been honored with placement and praise in nationally recognized publications. Here are three examples:

  • Ocean Ridge: Listed in the "Top Places To Retire" from Where To Retire Magazine.
  • Seawatch: Model home & community chosen by Coastal Living Magazine for the 2009 Coastal Living Idea House".
  • Rivers Edge: Golf course listed #12 in "Places to Play" from Golf Magazine.

Seeing is Believing

When you call or send us an email ask about our 3 days & 2 nights visitation packages. We'll help get you here at a discount so you can spend time in our communities and in coastal Carolina.

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No Federal agency has judged the merits or value, if any, of this property. Not a valid offering in any state where registration is required but not yet complete. THIS OFFERING IS NOT MADE IN THE STATE OF NEW YORK NOR MADE TO RESIDENTS OR ANY PERSONS OR ENTITY IN THE STATE OF NEW YORK. All provisions of the master plan are subject to change, revision or deletion by the Developer at its sole discretion, at any time, without notice. Conceptual community maps and all illustrations are artistic representations to be used for conceptual purposes only. Construction of amenities and other facilities are not guaranteed. The Coastal Companies © 2023. All Rights Reserved.