A plat for part of the build-out of the last 30 acres of Canyon Lake Colony housing development in Bainbridge Township was approved by the…
A plat for part of the build-out of the last 30 acres of Canyon Lake Colony housing development in Bainbridge Township was approved by the Geauga County Planning Commission last Tuesday.
The subdivision, called Gates Landing, will cover about 11.4 acres on the north side of Flintlock Ridge Road, said Bill Sanderson, director of project development for Payne & Payne Builders, Inc.
Single family home sites of up to half an acre will line the subdivision road and cul de sac that comes off Flintridge about 1,000 feet east of Chagrin River Road, he said.
All the roads in Canyon Lake Colony are private, maintained and plowed by the homeowners associations, Sanderson said, adding Gates Landing is the first of three phases on the west side of Canyon Lakes Colony development.
The road right-of-ways are only 50 feet wide, which is not in accordance with township road requirements, but property owners, current and future, will all agree the roads will remain private, he said.
“It’s worked out very well, so far, in this development,” Sanderson said.
The freestanding homes in Gates Landing will be a minimum of 1,800 square feet and probably average 2,200 square feet, he said, adding there are already six reservations for homes measuring between 3,000 and 3,500 square feet.
The lots are selling in the low $100,000-range, Sanderson said, and home construction is likely to cost around $300,000, so a total package will be in the $400,000 range.
Although the builder will have to go through the process with the county water resources department, prosecuting attorney and the county engineer as well as the county commissioners having to sign off on Gates Landing, Sanderson said he is hoping to complete the process yet this summer.
“We’re also taking reservations,” he told the commission. “Get them while they’re hot!”
A lot of people want to move to smaller properties, Sanderson said, adding now the housing market and economy seem to be improving, sales are improving.
The builder has done about 60 projects this year, he said.
“It’s starting to pick up. There’s more demand than there are places to build on,” he said. “The Bainbridge market is deeper than most.”
County Planning Director David Dietrich said the sewer and water lines will be installed along the road right-of-way by the developer and the sewer lines will go to the McFarlen Solid Waste Treatment Plant.
Although it is a private development, homeowners will pay property taxes, he said.
