While we’re already hot on 505 Ranch Club at Cedar Creek Lake, you can find out why this community provides the very best of lake living this Saturday: stay tuned.

56 private, waterfront home sites meander along the lake, dotting a 505-acre shared ownership ranch. (Insiders say the total house population may only top 40 or less, as buyers snap up more acreage per purchase.) And if you are not familiar with the shared ownership ranch concept, well get ready. City Slickers, you’ve met your nirvana. Enjoy the attributes of living on a ranch with zero work. Suzanne Warner of Compass, marketing the property, has sold many vacation homes to buyers on Cedar Creek Lake as well as local ranches. She says 505 Ranch Club buyers are looking for more than just a place to go on the weekend and vacations.

“They don’t want to just have a lake house, or a ranch, they want to have the lifestyle,” says Suzanne. “And the 505 offers you both the fun of living on the lake with a full ranch at your disposal.”

And now, a new offering for the future is a private polo and equestrian facility that will provide homeowners with exciting events, membership programs, riding lessons, polo lessons, and boarding and stabling opportunities. And all so close to Dallas.

In recent vacation home surveys from the National Association of Realtors, buyers say the ideal vacation home is located within a two hour drive of their primary residence.

“The drive to the 505 Ranch Club is not stressful drive at all,” says Suzanne. “In fact, it’s downright peaceful. It’s just enough time to make a few calls and wrap up the hustle.”

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NOT Thomas Lincoln

There’s the Lincoln Property Company I typically have a beef with, and then there’s Abraham Lincoln, the 16th president of the United States. We’re talking about the latter here.

Back in 1841, Lincoln’s father, Thomas, wasn’t rolling in dough, and a 32-year-old Abraham helped him out by purchasing 40 acres of farmland outside Charleston in central Illinois. At the time, Lincoln was a state representative for Sangamon County (home to state capital Springfield) some 90 miles away. What’s also chronologically interesting is that 1841 was also the time Lincoln called off a marriage with Mary Todd before a reconciliation and the birth of their first child, Robert Todd Lincoln some two years later.

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Diamond Head

3165 Diamond Head Road (Unit C highlighted)

Back in 1982, two oceanfront thirds of an acre caught the eye of a developer who created a four-unit community behind private gates. Called Ku’u Makana it’s located in Honolulu at the foot of Diamond Head crater on the island of Oahu.  Each of the four units are identical 3,536 square feet indoors and another 674 square feet of lanai space.

In the photo above, the demarcation of the units is obvious with the center fireplace chimneys.  No, it doesn’t get cold enough to need a fireplace and you’d likely need the air-conditioning cranked if you used it, but there you go. There are left-right and up-down units.

Currently the two upper units are for sale – one in need of an overhaul and the other already renovated. Unlike a recent gut job I toured in Dallas, with $1,023,000 separating the units, the renovation is more than priced into the deal.

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brexit

Regardless of whom you read, Brexit it having a negative impact on central London housing. An Oct. 17 European Union summit was presaged by European Council president Donald Tusk saying yesterday there is “no grounds for optimism” given the state of negotiations. Coupled with fresh inflation data, the pound was down again. Since the Brexit vote, the pound has almost exclusively traded +/-$1.30 where as it typically had ranged in the $1.50-$1.60 range previously.

Adding to the stress, in early October, two more large financial institutions announced plans to shift some London operations to Paris with whispers of more to follow. Financial services is one of the largest employers in London as well as one of the highest paid. Removing significant quantities of high-earners will cause a glut in some price bands as relocated staff sell up for Gay Purr-ee.

During my London holiday, I was able to meet with a host of HGTV’s House Hunters International, Richard Blanco. A Spanish national growing up in the UK, Blanco schooled in theater and dance – a story common to many real estate professionals whose early interests gave way to a profession in property. So far Blanco has chalked up over 30 House Hunters International episodes including being the only presenter to work in multiple countries (eagle eyes have seen him in Spanish episodes). He’s currently a spokesperson for the UK’s National Landlords Association and is a regular commentator on various television shows – in fact, Blanco had popped into the BBC earlier in the day. For those wanting a regular dose of the London property market, Blanco produces a monthly podcast Inside Property.  In his spare time, Blanco flips homes he buys at auction.

Head over to SecondShelters.com for more.

Our Steal: 7432 Deerwood Avenue, Oakland, California, listed by Mark Lederer and Derrick Tyler of The Lederer Team, Red Oak Realty for $589,000.

Real estate can surprise you in unexpected ways. Such is the case in Oakland, California. Movers and shakers in the industry are suddenly seeing the Oakland housing market transform. Prices keep going up, demand continues to surge, and a nice crop of wonderfully updated older homes and new construction beauties are changing the face of Oakland as we know it. So this week, we zeroed in on two fantastic Oakland offerings for our latest Splurge vs. Steal. Why Oakland you ask? We say, why not?

Take your pick on SecondShelters.com.

 

Our Splurge: 1828 Cypress Isle, James City County, Virginia, is currently listed by Numbers Marley of Long & Foster Real Estate for $1,800,000.

Only a handful of locations have a history as rich as Williamsburg, Virginia, but taking a walk through the past isn’t the only thing drawing visitors from all over the world — luxurious spas, world-class golf, hiking, five-star restaurants, and living history museums pack quite a punch when searching for a sweet second shelter with historic flair. That is why today we pin two exceptional properties against one another in our latest Splurge vs. Steal, both exuding elegance and style, but with price points that are miles apart.

Which Williamsburg home would you choose? The Riverfront Splurge or the Federal-Style Colonial Steal? Take your pick on SecondShelters.com today!

205 Bay Point Drive Horseshoe Bay is currently listed for $2.9 million by Joanie Capalupo with Moreland Properties. 

It has been featured on the cover of Metropolitan Home. It sits on a .64-acre lot on the shores of Lake LBJ. It has a Horseshoe Bay address with lagoon-style pool, stunning live oak trees, and mature green space. This listing is hotter than a firecracker, and it’s currently on the market for a cool $2.9 million. What makes it a stand out from the crowd? Just take a look at those views.

There’s more where that came from over on SecondShelters.com!

6409 Bouquet Spgs, Victor, Idaho is currently listed by Mark and Julie Rockefeller of Teton Valley Realty for $920,000. Photo Credit: Realtor.com

Many have heard of the “Grand Tetons” but few realize the iconic mountain range spans approximately 40 miles in a north-south direction through the state of Wyoming, just east of the Idaho state line. With a variety of mountain ranches, luxurious golf courses, phenomenal breweries, distilleries, and a plethora of hiking options, Victor, Idaho, is Teton County’s hidden gem.

Whether you’re looking for a hiking and craft brew experience, a horse ride through breathtaking mountain trails, or want to sip a nice red on the patio surrounded by everything mother nature has to offer … Victor has you covered, and without the sticker shock of its pricier counterparts. Ahem, Cour d’Alene, Jackson Hole, Sun Valley.

This made me wonder, what can I get for $1 million in Victor, Idaho? What I find is the epitome of rustic luxury living with, you guessed it, Teton Mountain views! The best part? It’s listed for $920K! See it on SecondShelters.com now!