New subdivisions, new recreational opportunitiess in the Redlands
If the three most important factors in evaluating real estate are location, location and location, then the Redlands continues to be a perfect place to buy residential real estate.
The backdrop of the Colorado National Monument, the proximity to open space and two beautiful golf courses, the odd feeling of remoteness while only being a few minutes across the river — all combine to keep the Redlands an attractive place to live.
For the past few years, there hasn’t been much new construction activity in the Redlands, outside of a few custom homes in select neighborhoods. That changed in 2012 with the Vistas at Tiara Rado, a gorgeous condominium development at the base of the Colorado National Monument and bordering Tiara Rado Golf Course. From the outside, the condos look like upscale condos. From the inside, the condos live like single family homes, except that the homeowners don’t have to worry about irrigation restrictions or keeping the lawn alive.
Although the development has spurred a lot of interest, so far only one prospective buyer has signed a contract.
“A lot of people like them. They like the lock-and-leave feature,” said Lori Curtis, the listing agent for the project. “But they have to sell where they live first.”
Red Rocks Valley, a subdivision near South Camp and Monument Road that got stalled by the economy, has new life. The Pauls Corporation, a Denver real estate and development company, purchased the subdivision from Alpine Bank in October 2011. The company is building six spec homes, with the first one slated to be finished by September. All six homes will be finished by October.
“If we get strong interest, we’ll start another six, eight or 20,” said Jay Felhauer with RE/MAX Two Rivers, the listing agent for the property. “They (The Pauls Corporation) have the ability to build whatever the market requires.”
The homes will range from 1,700 to 2,800 square feet, with two-, three- and four-bedroom floor plans. All have three-car garages, high ceilings and plenty of windows to take advantage of the scenic views. Homes are priced between $309,900 and $389,900, and the homes all sit on half-acre lots.
“We feel the market in Grand Junction is ready for new homes. There are a lot of people who are tired of looking at foreclosures and remodels,” Felhauer said. “These are going to be very affordable for Grand Junction’s premier location at the foot of Colorado National Monument.”
Another premier location in Grand Junction, the Redlands Mesa Golf Community, will also see new construction. Zag Built purchased seven lots across from the clubhouse and has plans to build 2,000-square-foot golf villas. Before the company can start on the villas, however, a new permanent sales office will be constructed near the clubhouse and the old sales office will be removed. Construction of the new 1,250-square foot office, where Zag Built will also have a showroom, should start soon.
The Redlands is home to multiple premier locations, including the Three Sisters area, which is adjacent to the Tabeguache trail area and was recently acquired by the Mesa Land Trust.
“The funding came from 500 different sources,” said Rob Bleiberg, executive director for Mesa Land Trust. “So many people have been extremely generous.”
Mesa Land Trust is a land conservation non-profit organization, with the goal of preserving open spaces, agricultural areas and wildlife habitat areas. The land trust deeded the Three Sisters property to the city of Grand Junction as a park while reserving the conservation easement.
“We are continuing to look for support,” Bleiberg said. The Three Sisters park will share the parking lot at Tabeguache for the time being, and will have a mountain bike trail system that is more appropriate for beginners and children. Mesa Land Trust would also like to be able to connect the area to the Colorado Riverfront Trail.
“It’s in our community’s best interest to have a wonderful quality of life and develop recreational prospects,” Bleiberg said.
Mesa Land Trust and the city of Grand Junction are hosting an open house and public meeting about the project at the Lincoln Park barn on July 17 from 5 to 7 p.m.