![]() |
|
|
The Stone Creek Subdivision is located along the east side of Alabama State Highway 181, approximately 2 miles south of Fairhope Avenue, and about 4 miles East Southeast from the town center of historical Fairhope, Alabama.
Stone Creek, Phase 1, Subdivision was developed on around 330 acres, formerly a hunting preserve. This first phase has 78 lots per record with about 18 common area & green belt parcels.The developer's concept is a village community with a lodge, rock water features, stocked lakes, swimming pool, tennis courts, village shopping center, walking trails and a wetland preserve.
The majority of the homes will range from 2,400+- square feet to 4,500+- square feet with primarily four bedrooms and three to four bathrooms. There are only a couple of homes having three bedrooms and one home having six bedrooms according to the online records.
The Average List Price is around $443,462 for the month of October 2009, down $54,624+- when compared to July 2009 having an Average List Price of $498,086.
The Average Sale Price is around $485,583 for the month of October 2009, down only $1,384+- when compared to July 2009 having an Average Sale Price of $486,967.
The Listing Price To Sales Price Ratio is now approximately 90.986% for the month of October 2009. The month of July 2009 the ratio was 98.02%.
The REALTOR online records indicates the Lowest Price Listing is now $381,500 for the month of October 2009 (July 2009 was $369,900.). The Highest Price Listing is now $573,500 (July 2009 was $795,000.).
The Stone Creek Months Of Housing Supply calculates to be around 11.94 months for the list to sale time period. Although, Stone Creek appears to have more stable property values when reviewing the calculated inventory analysis for the subdivision.
The above information was obtained from the Baldwin County Association of REALTORS, Albert M. Cheney, Certified & Approved FHA Appraiser, (251) 533-2424, is an associate member of this REALTORS' organization. (Appraisers Daphne, Fairhope, Spanish Fort, Alabama)
![]() |
|
|
Stone Creek....."It's all about lifestyle."
Stone Creek is a unique community on 330 Acres within Fairhope, Alabama that combines modern-day conveniences within a scenic, natural setting. Located approximately 12 miles south of I-10 on Highway 181, Stone Creek is only a few minutes drive to downtown Fairhope. However, when considering the mixed-use master plan of the development, one will hardly ever have to leave...at most you will be able to simply hop on your bike or get in your golf cart to head to the village center! The community will not only merge homes, villas and town homes, but also retail and service-oriented business oriented to have frontage on Highway 181.
The developers actually traveled the Southeast to look at what other builders were doing in traditional neighborhoods....and now they're working to bring that back here. Rear alleyways, nature trails and sidewalks provide easy access and friendly walkways; abundant open spaces are ornamented with hand-hewn arbors, large boulders and native plants and grasses; tree-lined streets and boulevards are enhanced with surrounding water features such as cascading waterfalls, a stocked lake and a beautiful community swimming pool.
The homes within the neighborhood are each designed and constructed with great care by a Builder's Guild of 17 Builders, each a member of the Baldwin County Home Builders Association. Home designs combine Coastal elements with Southern architectural charm and are reviewed by a professional architecture board at various stages of construction.
This development is unlike anything I've seen in the area and I must say that I'm quite proud to work with Rance Reehl, one of the developers. This community draws people from all stages of life and all backgrounds. Having lived in dense, urban cities, I personally have never quite thought of myself as the "rural" type, but Stone Creek changes my thoughts on that. When all phases are completed, I could easily see myself sitting on my expansive porch...waving to the neighbors as they walk their dogs or stroll their children....wasting away the afternoon OR for a little more spice I would probably jump on my (electric!) golf cart, head up to the village market, grab a cool beverage and some dinner, and head back home for a pot-luck dinner with friends....it really is all about lifestyle.
The Stone Creek Lodge is open every afternoon (and weekend mornings as well) for viewing.
For more information about Stone Creek, log on to www.stonecreekfairhope.com
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2009 ActiveRain Corp. All Rights Reserved