Sycamore Cove Community
for sale now!
About Sycamore Cove
Sycamore Cove Community is located on Charlotte Hwy just 4 minutes from downtown Asheville and only 7/8 mile south of the I-40 and I-240 interchange and 1/4 mile north of the Reynolds High School/ Ingles Shopping plaza. The subdivision is well underway and when complete will consist of 48 town home units contained in 24 Villas and a 2 unit Condo building.
In addition to the 50 units, there will be a handicapped accessible community playground, walking trail, gazebo, grill out area, fire pit, dog park, and beautifully landscaped common areas. The Developer is offering three great model Units to choose from with starting prices as low as $334,900. All the units are 3 bedroom with 2 to 3 baths, single car garage and optional fireplaces. They very in size from 1,080 sf to 1,746 sf. with a number of the units having great front porch mountain views. Each Unit owner will not only own the ground beneath their respective unit but also a small backyard area that could be fenced for animals and privacy. ( See Model unit Layout and prices).
The first 12 units known as the “ Sycamore” Model were sold to investors months back as short term rental units and planned to be complete around mid May Theses units are located up front near the entrance and somewhat away from the remaining subdivision. ( There are no more “Sycamore “ models to be built.)
All the units have been strategically placed on lots that best fit each particular Model and give the unit owner the maximum amount of yard space. After taking a look at the 3 models offered and where on the site plan each is located, be the first to reserve just the right home that fits your needs and desires. These units will sell quickly so give us a call at 828 768-1533 and we will help you take the first step to become a part of our Sycamore Cove Community.
Developer/Builder: David Day owner of LCV Ventures is both the owner and builder of all the 48 units proposed for the Sycamore Cove Community. His extensive experience as an engineer, developer and builder of both residential and commercial properties has given him a tremendous understanding of all aspects of the building and development process. His knowledge of the industry and what the present market demand and needs are, has helped him design the 4 great town home models being offered at prices below market.
Each Villa has been strategically placed on the lot that best fits that model. Take a look at the site plan and unit layout to see what best meets your individual needs and desires.
Sycamore Cove Community is offering several units to investors. The Location of the Sycamore Cove property, just outside the Asheville city limits, allows these units to be rented on a short term or long term rental basis. (i.e. AIRB&B)
The estimated short term rental income yield on these units is excellent making them very attractive to the buyer. (Rental Income estimates and available)
The Investor Units are limited to the twelve 2-story town home units on lots 1-10 and 58-49 and the Condo building on lot 47. The Town homes units, lots 1-10 and lots 48 & 49 are SOLD OUT.
The remaining 2 Condo units on lot 47 will be offered for sale in January 2022 upon completion.
We will be offering these units for sale soon and would encourage anyone interested in purchasing them to call us at 828-768-1533. We believe these will go quickly.
Sycamore Cove Community HOA
Sycamore Cove Community will be a 50 unit Community with 48 town home units housed in 24 Villas and a 2 story condominium building.
HOA Fees: Initial Reserve fee at Closing: $200.00
Monthly HOA Fees: $145.00 per month
The Monthly HOA fees will cover all the following
- Road Maintenance
- Common area lawn maintenance
- Gazebo with gas grills
- Firepit
- Walking Trails
- Handicap accessible playground
- Community Lighting
- Security Gate maintenance & repair & monitoring
- Oversight and Implementation of the: ( See Attached)
DECLARATION OF TERMS, CONDITIONS, RESTRICTIONS AND PROTECTIVE COVENANTS FOR SYCAMORE COVE DEVELOPMENT DECLARANT: LCV VENTURE, LLC (Click Here)
SITE PLAN
Rendering of the community layout.
MODEL HOMES
We offer our buyers four model home options.
'The Sycamore'2 story townhome
Living Space
Rooms
Parking
Optional Fireplace
'Creek Side'1 Level Townhome
Living Space
Rooms
Parking
Price: $319,900 to $339,900 (depending on location)
Optional Fireplace
'Scenic Ridge'Garage Down with Basement
Living Space
Rooms
Parking
Price: $449,900 to $469.900 (depending on location and mountain view).
Scenic Ridge Lower Level: $429,000 to $449,000 (depending on location and mountain view).
Optional Fireplace
'Mountain View'
Garage Up with Basement
Living Space
Rooms
Parking
Price: $419,900
Optional Fireplace
Floorplans
· Non Vented Fireplace with Gas Logs: ——–—————————— $3,800
The Propane Tank that can be set on the outside of the
Side or back wall of the units is typically leased and the
Responsibility of the Buyer if Fireplace surround is selected
- Gas Kitchen Appliances: Cost to be determined at time of Construction
· Tile Tub wall Surround in the Bathrooms in place of Tub Fiberglass unit: $1,200
- Additional Ceiling Fans: 52 Inch —————————————————-$350.00
Note: The Seller will give Buyer an allowance of $2,000 for standard
Kitchen appliance package which includes: Refrigerator
Oven, Microwave and Dishwasher; or the $2,000 can be used
toward closing Cost.
- Additional Ceiling Fans: 52 Inch —————————————————-$300.00
- Gas Kitchen Appliances: Cost to be determined at time of Construction
Stucco: Cover exposed block areas
Windows: vinyl, Double hung
Garage Door: 9 x 7 door minimum
Deck Finishes: Concrete or Wood per builder
Siding: Hardiplank lap siding
Asphalt Shingles: 30-year Architectural
Dormer Roof: Corrugated Metal or Shingles per Builder
Gutters, Downspouts: Seamless aluminum
Bathtub: Fiberglass or Acrylic surround
Water Heater: 50 gallon electric
HVAC System: Herat Pump
Insulation: Batt fiberglass, floor R-19, walls R-15, roof R-38
Firewall: 1 Hour minimum between units,
Drywall: 1/2” per code/ 5/8” in garage ceiling
Interior Trim: MDF square trim around windows, doors and base
Kitchen Cabinets: Wood finish doors, soft close
Vanity Cabinets: Wood finish doors, soft close; color by Builder
Countertops: Granite: Uba tuba or Gray Slate
Hardwood Flooring and Carpet: 3/8 engineered Hardwood in living (Keowee Birch) room, dining room. kitchen: Carpet in bedrooms and stairs
Tile Flooring: Ceramic tile in baths and laundry
Closet: White Wire Shelving or Equal
Ceiling Fan additions: 52 inch in living room & M/B Any addition is an Upgrade
Surrounding Area
Presented by:
Presented by: LCV Ventures , LLC:
Contact Rick Bussey
828 768-1533 or rgbbussey@gmail.com
Contact:
Rick Bussey
Mail: 8 Spring Rain Dr. Fletcher NC 28732
email: rick@carolinaridgerealty.com
phone: 828-768-1533
Hours:
M-Sat: 9:30 am – 6:30 pm
Sun: 2:00 – 5:00 pm