MAY 25, 2006

Renaissance Homes Opens $2 Million Clubhouse at Peterkort Woods

Renaissance Homes has opened a $2 million 4,000-square-foot clubhouse at its $100 million Peterkort Woods townhome neighborhood, located just of NW Barnes Rd at Valeria View Rd., and has moved its sales operation there.

Opening of the facility, which includes an outdoor swimming pool, party area, outdoor fireplace, outdoor barbecue, television room, two kitchens (once catering with outside entrance) and meeting rooms, coincided with the announcement that nearly half the 222 townhomes have been sold.

“Our efforts to produce a luxury town home neighborhood unlike anything else outside of the Pearl District have paid off in that we’re selling these as fast as they’re released,” said Renaissance President Randy Sebastian.

By mid-May, there were around 114 of the 1,370 square foot to 2,905-square foot homes yet to sell, but only about 20 more of the smaller Village homes. The Village homes run from 1,370-square feet with two bedrooms and 2.5 baths to 2214 square feet with two master bedroom, den and media room and three baths.

The remainder will be the larger 2,121-square-foot to 2,905-square-foot Forest homes. They range from two master bedrooms with den and media room, 2.5 baths to three bedrooms, den and media room with three baths.

Base prices on the four Village and three Forest floor plans currently run from $330,900 to $701,900.

To date, about 80 percent of buyers have been from the Portland area, said Michelle Gregg, community manager at Peterkort Woods.

“We’ve had a number of people from the Peal District who want to be close to downtown, but want the peace and quiet that we have here. They also like the two car garages, storage, outdoor patios and that they’re getting more interior space in many cases with the luxury touches they were used to in the Pearl,” Gregg said.

Peterkort also is attracting people from larger homes in such established Portland neighborhoods as Eastmoreland and Alameda and “we’ve had a lot of interest by people from Forest Heights and the West Hills who like the tax advantages of Washington County,” she said.

Besides the tax advantages, Gregg said Peterkort’s location near St Vincent hospital, across from a park-and-ride light rail station and at the confluence of highway’s 26 and 217 “which provide easy access to downtown, Nike, Oregon Health Sciences University and Intel. We also have a fair number of people who are working out of their home offices.”

“People seem to like the low maintenance and life style provided here. They want a little garden and the luxury which is built into a Renaissance home,” Gregg said.

More information on Peterkort Woods is available from Gregg at 503-292-3499 or from renaissance-homes.com. Sales office hours are Tuesday through Sunday noon to 6 p.m. and 1 p.m. to 6 p.m. on Monday.

Lake Oswego-based Renaissance is one of the metropolitan area’s largest builders with neighborhoods in Sherwood, Happy Valley, Wilsonville, Beaverton, West Linn, the Lake Oswego area and Vancouver and Camas in southwest Washington. The firm recently announced plans for around 300 homes in Bend in Central Oregon and also is building in Tukwila, located on the Oregon Golf Association golf course north of Woodburn.



Renaissance Homes

16771 Boones Ferry Road
Lake Oswego, Oregon 97035
Voice: 503-636-5600
Fax: 503-635-8400
Emergency Service: 503-496-0711 or 866-567-6225