SOURCE: The Reserve at Lake Keowee

The Reserve at Lake Keowee

January 14, 2014 16:21 ET

The Reserve at Lake Keowee Increases Real Estates Sales 50 Percent in 2013

Private Luxury Community Hits Record in New Home Construction

SUNSET, SC--(Marketwired - January 14, 2014) - Families from 40 states traveled to The Reserve at Lake Keowee ("The Reserve") in 2013 to learn more about real estate opportunities. As a result, sales increased 50 percent with more construction and development planned in 2014.

In addition, The Reserve posted a record year in new home construction. Fifty-one home plans were submitted to the community's Architecture Review Committee, and 40 homes broke ground. Twenty-four new construction homes were finished in 2013, which brought the total number of completed homes in The Reserve to 232. The Reserve welcomed 69 new club members from 20 states and the Caribbean as a result of the sales and construction activity.

Three property releases contributed to the strength in 2013 sales: Village Point Phase II, High Grove and The Cottages at Laurel Pond. Village Point Phase II added 17 homesites to the 11 existing in Phase I. The marina-front neighborhood also opened a model home -- see photos here. In late July, The Reserve broke ground on its new High Grove neighborhood, and construction began on these lake access, parkside homes in the fall. The Cottages at Laurel Pond, a collection of rustic post and beam cottages overlooking the community's Laurel Pond, were also completed this fall.

"We could not be more excited to welcome more families to The Reserve this past year," stated Rutledge Livingston, the community's Director of Sales. "The Reserve continues to offer a high-quality lake living experience that is very appealing to buyers across the U.S. and internationally. With the addition of several neighborhoods, and The Reserve's proximity to incredible centers of commerce and culture like Greenville and Atlanta, we are hopeful that the The Reserve will continue to grow based on what we plan to bring to market in 2014." For more on 2014 plans in the making, click here.

The Reserve at Lake Keowee finished 2013 with more real estate transactions than The Cliffs Communities' three lakeside communities combined.

Other notable 2013 achievements for The Reserve includes the addition of its award-winning Jack Nicklaus Signature Golf Course to the BMW Charity Pro-Am presented by SYNNEX host rotation and receiving The Greenville News' Best of the Upstate 2013 Best Community Award. The Reserve at Lake Keowee Charitable Foundation also raised $31,000 during its 5th Annual Charitable Foundation Golf Classic in October and donated a total of $50,000 to local charities in December.

About The Reserve at Lake Keowee

Created in 2000 by Greenwood Communities and Resorts, The Reserve at Lake Keowee is an award-winning residential community that spans 3,900 acres in the foothills of the Blue Ridge Mountains, with 30 miles of shoreline on Lake Keowee and convenient access to nationally-recognized commercial and cultural centers that include Greenville, S.C.; Asheville, N.C.; and Clemson and Furman Universities. A 200-slip Marina, Village Center, Jack Nicklaus Signature Golf Course, and more than 1,400 acres of parks, preserves, trails, and green spaces highlight more than $100 million in completed family amenities at The Reserve. The Reserve has approximately 700 members from 30 different states. Homesites at The Reserve start in the $100,000s; homes, from the $420,000s. To learn more, call 877-922-LAKE (5253), or visit www.ReserveAtLakeKeowee.com.

About The Reserve at Lake Keowee Community (and Charitable) Foundation(s)

The Reserve at Lake Keowee Community Foundation is a non-profit organization created to enhance the quality of life at The Reserve and in the local area while fulfilling a sense of community and philanthropy for The Reserve's members. The Community Foundation sponsors regular cultural events including concerts, plays, lectures, and an annual art festival. The Foundation has four major functions: 1.) Help preserve the natural resources in the area through acts and events of environmental stewardship; 2.) Provide educational programs for members and guests of The Reserve; 3.) Promote an arts program at The Reserve; and 4.) Provide outreach activities for neighboring communities in Pickens County, SC, through the 501(c)(3) Charitable Foundation. In 2013, the Charitable Foundation gave $50,000 to local organizations.

About Greenwood Communities and Resorts

Greenwood Communities and Resorts, based in Greenwood, S.C., is a leader in the creation and management of award-winning residential and resort communities in the southeastern United States since 1978. Beginning with the award-winning Palmetto Dunes Resort at Hilton Head Island and evolving to current communities like Big Canoe near Atlanta and The Reserve at Lake Keowee, Greenwood's mission has remained the same: Create memorable places that foster meaningful and fulfilling lives.

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