Nashville News: Owl Creek Offers Affordable New Homes in Brentwood

The Tennessean :: Nancy Mueller :: February 4, 2015
Owl Creek Subdivision

It might be cold outside but things have been heating up at Owl Creek, Brentwood’s newest eastside neighborhood.

Fifteen houses are in construction right now as Beazer Homes plows through this community’s first phase of 40, which is already more than half sold.
Tom Rothrauff, Beazer’s vice president of sales and marketing, said 21 homes were under contract as of last Friday in this development about a mile east of The Governors Club.
This is all in spite of the fact that the community’s entrance on Concord Road is right in the middle of a prolonged road widening and redesign project by the state Department of Transportation that slows traffic on the busy thoroughfare almost every day.
Added to that is the fact that it was only a month ago that Beazer, the sole builder in Owl Creek, opened its onsite sales trailer.
Before the trailer got moved in, sales were handled at Beazer’s office in Borgata, a Brentwood community off Wilson Pike that is now completed.
“There was a period in there where we had no physical (sales) presence for Owl Creek at all,” Rothrauff said, “and we were getting many of our leads from off our website.”
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Most of the early sales at Owl Creek have been made with buyers of Beazer’s new cottage home product.
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The builder is offering three cottage designs with variation options in a base price range of $374,990-$394,990 that undercuts the prices on other new homes in Brentwood.
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The median Brentwood home price in the last month of 2014 was $685,000, and on Jan. 14, only six of 75 new home listings in Brentwood were under $500,000. Five of them were in Owl Creek.
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The cottage series homes range in size from 2,314 to 2,490 square feet, and even the smallest one offers three bedrooms and three bathrooms.
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While the cottages attract empty-nesters as well as families with children at home, the builder is also offering a series of bigger “estate” home designs in Owl Creek with up to five bedrooms and 4,405 square feet of living space.
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Even these larger houses are competitively base priced for Brentwood new construction at $482,990-$534,990.
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Plans and Perks
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Planned for a total of 87 homes, the neighborhood’s amenities will include sidewalks, 52 acres of green space, walking trails that will connect to nearby Owl Creek Park, sodded yards and a landscaped entrance.
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The purchase of a new Owl Creek house also comes with the initiation fee covered for a bronze membership to The Governors Club. The amenities of the membership include access to that development’s restaurants, swimming pool and 12 rounds of golf per year.
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Lot sizes in Owl Creek are ranging from 85 feet by 130 feet for estate homes with side-entry garages to 56 feet by 106 feet, and some of the houses are configured for alley loading garages.
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Rothrauff said a model home based on the spacious “McKinley” estate series design, will be open in the community by the first of April.
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In the meantime, the sales team is making peace with the effects of the road project, which must meet environmental protocols protecting the Owl Creek waterway that skirts the area and its most well-known resident, the endangered Nashville crayfish.
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For the road crew, this includes staying out of the creek’s waters completely from Oct.1 to May 30 to ensure that the reproductive activities of the crayfish are not affected by construction. The road project won’t end until May 2016.
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“It doesn’t create a great perception at this point to the buyers,” Rothrauff noted, “but we understand that this is progress, and that it’s going to be very nice.”
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“By the time they’re done, we’ll be done, too.”
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Current public school zoning for Owl Creek is for Sunset elementary and middle schools and Ravenwood High School.
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Owl Creek will have a homeowners’ association, and dues are anticipated to be approximately $40 a month, Rothrauff said.
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News Source: The Tennessean


 
 
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