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What new luxury and second-home developments are being built in Maggie Valley, NC?

January 29th, 2008 Categories: Developments and Subdivisions, Luxury and Second Home Market

Maggie Valley, NC has about 12 new developments in the works. The real estate market in Maggie Valley caters to the second-home buyers as it is a town that people want to come back to time and time again, until they can move here to live full time. Most of the new developments are comprised of upper-end luxury homes and condominiums, some featuring creekside living, some featuring mountain views. Here is a recently-compiled list of the new developments:

• Katua Falls: Residential development at Cardinal Drive and Melody Lane. Size: 28 single-family lots. Price: $60,000 to $100,000.
Status: Final approval, no building permits issued.

• Smoky Mountain Creekside Villas: Condominium complex on Soco Road. Size: 48 units. Price: Unknown. Status: Final approval, no building permits.

• Brookside Villas: Condominium complex on Moody Farm Road. Size: 42 units. Price: starting at $325,000. Status: Final approval, no building permits.

• Newland Condominiums: Condominium complex on Soco Road. Size: 36 units.
Status: Preliminary approval.

• Mountain Watch: Single-family lots on Brannon Forest Drive. Size: 33 single-family lots. Status: Preliminary approval.

• Twinbrook: Single-family lots on Twinbrook Drive. Size: 64 single-family lots.
Status: Preliminary approval.

• Whisper Creek: Single-family lots on Range Drive. Size: 21 single-family lots. Price: Between $109,000 to $300,000.
Status: Preliminary approval.

• Olde Towne Village: A planned unit development on Moody Farm Road. Size: 23 lots. Status: Preliminary approval.

• Maggie Valley Club: Chestnut Cove Phase II: Cottages at the Maggie Valley Club. Size: 20 cottages. Status: Final approval, no building permits.

• Maggie Valley Club: Scarlet Oaks Phase II: Small subdivision at Maggie Valley Club. Size: 6 lots. Status: Final approval, no building permits.

• Mountain Joy: Small planned unit development on Setzer Cove Road. Size: 12 lots.
Status: Preliminary approval.

• Wolf Creek: Single-family lots on Driftwood Loop. Size: 12 single-family lots. Price: Homes from $300,000 to $550,000.
Status: 92 percent built out.

• La Bella Vita: Small duplex development on Caldwell Drive. Size: 6 units. Status: Preliminary approval.

Source: Maggie Valley Planning Department.

Bucking the Real Estate Trend will keep you advised of the progress of the new developments, with pictures soon to follow.

This entry was posted on Tuesday, January 29th, 2008 at 9:31 am and is filed under Developments and Subdivisions, Luxury and Second Home Market. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

1. John Beck said at January 29th, 2008 at 10:02 pm

   Maybe if they price it right and us good info, people would listen

2. Susie said at February 5th, 2008 at 12:52 am

   Hi John,
   Thank you for visiting my site… I appreciate your time. And you are exactly correct - - price is the key.
   Susie

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