Active Adult Communities

By
Real Estate Agent with Fonville Morisey Realty

The enormous demographic of Baby Boomers are reaching a time in their lives where decisions are being made about selling their homes and buying new and second homes as they head toward retirement.  This vibrant group has worked hard, knows what it wants, and is ready to reap the benefits of success.  And with their tremendous buying power and insatiable appetite for real estate, developers are paying close attention and carefully crafting new communties catering to the Boomer's unique desires and needs. 

In the Triangle region of North Carolina, the Baby Boomers are becoming a large segment of the ever growing relocation market.  Those who originally moved from the North to the South are fed up with the uncertainties of major weather phenomena and the high prices of insurance and so they are moving half-way back to a mild climate and affordable place to call home.  In addition, many parents are now choosing to follow their adult children to the Raleigh-Durham area who have come in droves in recent years for the ample job opportunities and high standard of living.  As a result, real estate developers are creating neighborhoods with specialized products and services to make the life of these Boomers carefree and fun, and Active Adult communities are quickly becoming all the rage!

Here is a sampling of some Triangle Active Adult Communities:

HERITAGE PINES - CARY
(Raleigh's first Active Adult community - Construction nearing completion)

  • BUILDER:  K. Hovnanian & Lennar
  • AMENITIES:  Over 7,000 square foot clubhouse, computer/internet room, fitness center, swimming pool, tennis court, sport court, trails, pond, picnic area, social and recreational opportunities
  • Detached homes and Townhomes from 1,370 to 3,000 Sq Ft.
  • Up to 3 bedrooms / 2 to 3 baths (in new construction)
  • Up to 5 bedrooms / 1 to 3 baths (in resales)
  • New homes priced from $273,145 - $358,153

CAROLINA PRESERVE - CARY

  • BUILDER:  Del Webb of Pulte Homes
  • AMENITIES:  30,000 square foot clubhouse & 12,000 square foot Amberly Residents Club, crafts, fitness/health, learning/business center, pools, putting green, bocce court, social entertainment, team sports, trails, 15-acre lake, Village & Town centers featuring shops and restaurants.
  • UNC Heathcare Wellness Centers at Carolina Preserve 
  • Homes range from 1,100 - 2,600 in Sq. Ft.
  • Up to 3 bedrooms / 2 to 3.5 baths
  • 2-car garages
  • $205,000 - $396,000

THE VILLAGE AT AVERSBORO - GARNER
(Construction is set to begin in March 2007)

  • 147 ranch homes from 1600 to 2600 Sq Ft.
  • 37.88 acre cluster subdivision
  • Constructed with 80% brick or stone
  • 2-car garages
  • Mid $200's to $300's

FOUR SEASONS AT OLDE LIBERTY- FRANKLINTON
(Coming Soon!)

  • BUILDER:  K. Hovnanian
  • 275 homes from 1,700 to more than 3,000 Sq Ft.
  • Up to 3 bedrooms / 2 to 3 baths
  • 1 or 2-car garages

FEARRINGTON VILLAGE- PITTSBORO

  • Home to over 1800 residents including active retirees
  • 1,400 acre planned community featuring 5 unique neighborhoods
          - Millcroft Close (Cluster Homes - HOA provides exterior maintenance & landscaping)
          - Camden South (HOA provides landscaping)
          - Bush Creek (wide variety of single family home designs)
          - Bradford Place (Courtyard Homes)
          - Whitaker Ridge (Estate Homes)
  • 70 special interest groups (including but not limited to bird watchers, book club, golf assoc., bikers club, swim & croquet club, tennis assoc., garden club, bridge club, paletteers)
  • Village Center with numerous shops - anchored by award wining country inn & restaurant
  • Duke Center for Living at Fearrington - Wellness Center (total health)

 

 

Comments (2)

Jordan Bowles
ERA - Cary, NC
Cool post..Any new communities I missed?
May 13, 2007 09:13 AM
Tracy Santrock
Santrock Realty Group Inc. , - Cary, NC
Raleigh - Cary Broker

do you have any pictures???  It always helps.

Jun 17, 2007 02:28 PM