| MARCH
8, 2007
Renaissance Homes sold half of its
20 first phase townhomes prior to the early March opening
of its two model homes at The Lakes, and this has company
officials predicting strong sales at the $30.8 million,
88 home gated neighborhood underway on SE 43rd off Hiddenbrook
Drive in Vancouver’s Fisher’s Landing.
“Especially with the market the
way it’s been, selling out half the first phase
before the model homes were complete is a strong commentary
on the need for this type housing here,” said
Renaissance President Randy Sebastian, adding that he
believes The Lakes “sets a new standard for luxury
townhomes in Fisher’s Landing. There’s nothing
else quite like this.”
Renaissance pioneered the concept of
luxury townhomes in a suburban setting at its Peterkort
Woods in southwest Portland which Sebastian described
as “wildly successful. We thought an upscale townhome
might sell well outside the city center, but we really
didn’t realize what a big market there was for
this type product which combines high end interior finishes,
generous square footage and marketable price.”
Homes at The Lakes range from 1,651
square feet with two bedrooms and two baths to 2,966
square feet with three bedrooms and 2.5 baths. The larger
homes have lower level game room, media room, wine/storage
room and bar area. All have two car garages and there
are 20 free standing garages available for purchase.
Phase one base prices range from $411,900
to $494,900.
Renaissance opened two model homes,
a two bedroom, two bath home with 1,651 square feet
and one at 2,200 square feet with three bedroom and
2.5 baths. They are located at 4214 SE 178th Court and
are open Tuesday through Sunday from noon to 6 p.m.
and on Monday, 2 p.m. to 6 p.m.
A special set of interior pallets has
been designed for The Lakes by award winning designer
Heather Donnelly, director of design and merchandising
for Renaissance.
Aimed at fitting any lifestyle, the
five packages include Cottage, Manor, Vista, Towne and
Estate visual looks.
Cottage is the least expensive and is “perfect
for the first time buyer as well as those who feel most
at home when surrounded by light, neutral tones,”
said Donnelly.
Manor includes cherry hardwood floors
and shaker-style kitchen cabinets while Vista “resonates
with quality and tradition, including yellow birch hardwood
and cream painted cabinets for a look that’s both
endearing and enduring,” she said.
Urban sophistication is the Towne tone, which includes
carbonized bamboo flooring, tile bath floors, Euro-style
cabinets and high tech lighting. Estate is the top of
the line “which features the very best of everything–copper
city hand-scraped hardwood floors, tile bath room floors
and knotty alder stained millwork,” Donnelly said.
“People coming to see The Lakes
have been very interested in our single story and master
bedroom on main floor models,” said Katrin Crum,
principle broker and community manager Mat The Lakes
and the adjacent Hiddenbrook, a $13.4 million 28 paired
townhome community on SE 43rd off Hiddenbrook Drive.
So far, she said, most buyers have
been Oregonians, “who have lived a long time in
their larger family home and have been looking for the
right location, right builder and right price. We’re
close to the airport so they can travel easily. We’re
a gated community so winter snow birds feel safe leaving
for extended periods of time. And, we don’t have
Oregon’s state income tax.”
Although the first homes won’t
be finished for about five weeks at Hiddenbrook, Crum
said three homes are already sold there out of the first
release of eight homes. Homes there run from 1,613 square
feet with two bedroom and 2.5 baths to 2,521 square
feet with three bedrooms and 2.5 baths. They feature
large daylight basements and many back to green space.
Base prices in Hiddenbrook are $362,900 to 462,900.
Additional information on The Lakes
and on Hiddenbrook is available from Crum at 360-518-
2600 or Cristine Woffard, 360-518-2566 or on the web
at www.Renaissance-Homes.com.
Renaissance Homes is one of Oregon’s
largest residential builders and was the first major
builder committed to 100 percent green building. Besides
Vancouver, the firm has neighborhoods underway in West
Linn, Sherwood, Happy Valley, Wilsonville, Beaverton,
Camas, southwest Portland, on the Oregon Golf Association
Golf Course at Tukwila and in Bend.
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
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