As we wrap up 2013 and begin 2014, we wanted to share our year in review.
Lonesome Valley continues to be attractive from a real estate perspective, selling a total of 15 homesites and 2 more contracts already in place this year. After several years of enduring a stagnant real estate market, we are beginning to see property values appreciate again, and we welcome the improvement. Our new members (including a pair of bald eagles!) are excited to be a part of Lonesome Valley and many are well underway with house plans. In addition, a new “spec” cottage will soon to be completed on Long Lake.
To date, 60 owners have purchased 74 lots, and 25 houses are either built or are near completion. We are currently developing 18 spectacular new lots along the West Fork of Logan Creek for immediate release this spring/summer. We currently have listed 5 resale lots and 2 resale homes. Our resale ratio is quite low compared to other communities, further evidence of the overall health and appeal of Lonesome Valley.
On the amenity side, we have begun the full renovation of the “Caretaker’s Cottage” which will open as the new Canyon Spa in May. The Spa will include three treatment rooms, a well appointed reception area and men’s and ladies’ changing areas. In addition, we will continue to improve our fishing, trails, roadsides, signs, gates as well as the general landscaping and appearance of the community. In 2014 Lonesome Valley should look the best it ever has.
Canyon Kitchen enjoyed another outstanding year that featured a booming a la carte business in addition to many successful wine dinners and special events. Along with John Fleer’s successful opening of his new restaurant, Rhubarb, in Asheville, his culinary staff at Canyon Kitchen has done a superb job. John will be sharing his time between Cashiers and Asheville beginning this spring. We also commend Canyon Kitchen and our Special Events team for receiving the BizBash Event Style Award for Best Wedding Venue in North America for 2013!
We are planning more member gatherings this winter. Our goal is to continue to build our relationships as a community and have a healthy and prosperous 2014!