Home sales information for Four Seasons

DSCN3679 (Copy)Waterfront home sales so far this year number 17, which is down from last year at this point when there were 23 closings. The average sales price for waterfront homes is $502,798 compared to $444,278 in 2012. The number off-water home sales is down slightly at 23 sales compared to 25 last year. Average sales price is $170,173 compared to $148,876 in 2012. Sales of condos number 8 with the average sales price of $114,244. Villa/townhome sales number 4 with an average sale price of $408,440. Bank owned sales are less than 1/2 of 2012.

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2011 Home Sale Statistics in Four Seasons

2011 waterfront home sales numbered 38. Prices ranged from $195,000 to $1,800,000. Average sales price was $607,700. Only one bank owned sale for the year.

2010 waterfront home sales numbered 26. Prices ranged from $230,000 to $1,612,000. Average sales price was $615,233. There were 6 bank owned sales for the year.

2011 off-water home sales numbered 44. Prices ranged from $40,000 to $350,000. Average sales price was $147,052. There were 15 bank owned sales for the year.

2010 off-water home sales numbered 52. Prices ranged from $80,000 to $385,000. Average sales price was $176,813. There were 20 bank owned sales for the year.

 

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Important news from the Lake

Camden County, Mo. –

Thousands of property owners around the Lake of the Ozark’s have another avenue to voice their grievances with the Federal Energy Regulatory Commission and the Shoreline Management Plan. 
A petition aimed at bringing FERC’s handling of shoreline management issues to the attention of the White House staff is beginning to garner some attention. The petition originated from similar situation on Smith Lake in Virginia. The petition was started Bill Brush, a property owner/retired engineer who has been at odds with FERC over a dock issue for years. The petition he created is on We the People, a new feature on WhiteHouse.gov.
According to Brush, if this petition gets 5,000 signatures by October 28, 2011, the White House will review it and respond.
If the petition succeeds, it could have an impact on the dilemma facing more than a 1,000 homeowners and thousands of other lakefront property owners who’s land falls in or on easements owned by Ameren Missouri.
FERC has recently issued stringent guidelines on the future of those homes and other structures in the Lake of the Ozarks Shoreline Management Plan. 
Just this week, FERC agreed to a request from Ameren to take another look at those regulations. However, it is unclear when that will happen and how the rehearing will be conducted.
In the meantime, Brush is asking anyone with a grievance with FERc to sign the petition.
The petition. called CURB FERC regulations, says the federal agency overregulates the shorelines of the hydroelectric projects it oversees.
Brush said the Federal Energy Regulatory Commission is enforcing shoreline management rules decades after hydroelectric projects were first developed. Retroactive rules are irrational, without reason, or scientific basis. The burden of this regulation far out weights any public benefit. The impact on surrounding communities cannot be exaggerated as FERC rules are discouraging private investment, lowering property values, killing jobs, limiting access to project waters, inhibiting landowner’s ability to sell, violating federal, state and local ordinances, and trampling on personal property rights, he said.
In the meantime, Missouri’s senators and entire congressional delegation have joined the growing number of landowners, local government officials and chamber organizations, urging FERC to rethink their position.

How does We the People work?

We the People provides a new way to petition the Obama Administration to take action on a range of important issues facing our country. The White House  created We the People because we want to hear from you. If a petition gets enough support, White House staff will review it, ensure it’s sent to the appropriate policy experts, and issue an official response
Anyone 13 or older can create or sign an online petition seeking a federal government action on a range of issues. Then it’s up to the petition creator and signers to build support for the petition by gathering more signatures.
There are two critical thresholds for We the People. First, a minimum number of signatures – currently 150 – is necessary for the petition to be publicly listed on We the People and searchable. Second, a minimum number of signatures (currently 5,000) is necessary in a given amount of time (currently 30 days) in order for the petition to be reviewed by the White House, distributed to the appropriate policy officials within the Administration and receive an official response. This response will be posted and linked to the petition on WhiteHouse.gov, as well as emailed to all of the petition signers. Petitions that do not cross this threshold in the given timeframe will be removed from the site.

Where to find the petition
http://wh.gov/4V0

About Smith Lake
Smith Mountain Lake is a large reservoir  in the Roanoke Region of VirginiaCity of Roanoke The lake was created in 1963 by the Smith Mountain Dam impounding the Roanoke River. The lake is a popular recreation spot and has experienced significant development in the last decade. It is the largest man-made lake in the state of Virginia.
AEP is licensed to operate the Smith Mountain Project by the Federal Energy Regulatory Commission (FERC). The initial license term was for fifty years. In 1998, AEP began the process of relicensing. In 2009 the U.S. Federal Energy Regulatory Commission granted Appalachian Power a new license to operate the plant. The 30-year license addresses recreational and environmental management.
Growth has been steady since the mid-1980s and with upscale lakefront homes and communities built around golf courses. There is a large retirement community at the lake.

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Four Seasons Real Estate Activity

As of today, there have been 23 closings of waterfront homes in Four Seasons in 2011 compared to 17 sales in 2010. The average sales price this year is approximately $550,000 whereas last year waterfront home sale prices averaged $658,000.  There were 30 off-water home sales in 2010 up to this time, and there have been 29 so far this year. Average sales price in 2010 was $176,500 vs. $159,000 in 2011. Foreclosures in Four Seasons numbered 16 in 2010 and dropped to 11 so far this year.

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Lake of the Ozarks State Park

 Only a short drive from the Village of Four Seasons is the largest state park in Missouri. Lake of the Ozarks State Park has over 17,000 acres of beautiful scenery. This photo was taken from one of the many hiking trails located in the park. This is a view of the Grand Glaize arm of the Lake.

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Early morning at the Lake

 An early morning view of another great golfing hole at the lake.

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Another nice scene

Fountain at the Cove

This is just one of the many nice features of Four Seasons. This small fountain is situated across the street from The Cove Golf Course off of Horseshoe Bend Parkway.

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