Homesites available now from $1.5 Million.

Cash Deposit: This will be a deposit of 5% of the purchase price, upon the execution of the Sales Agreement. The deposit is refundable to the buyer during the Feasibility Study Period.

Feasibility Study Period:  This will be ninety (90) days, for the buyer to determine if the homesite meets the buyer’s requirements. The deposit will be non-refundable to the buyer after the end of the Feasibility Study Period.

Homesite Settlement: This will occur within ninety (90) days after the end of the Feasibility
Study Period.

Home Construction: This is required to commence within one year of homesite settlement.

Improvement Escrow: This will be $15,000 for each homesite, delivered by the buyer at homesite settlement. This Improvement Escrow will be returned to the buyer upon completion of the buyer’s home construction on the homesite and the repair of any damages to the subdivision improvements related to the home construction.

Homeowners Association Capital Contribution: This will be $3,000 per homesite, paid to the Association at homesite settlement, for initial start-up costs for the Association.

Homesite Maintenance:  After settlement on a homesite, the buyer will be responsible for maintaining the homesite in a manner consistent with the standards of 1801 Foxhall.