Preston Lake no longer underwater


Preston Lake no longer underwater
By Scott Rogers • November 5, 2013
Preston Lake, a large (500-ish unit) mixed use development east of Harrisonburg began selling homes in 2008, was foreclosed on by Wells Fargo in 2011, and was then acquired by a developer out of Maryland in 2012. Here are a few updates of what has been happening since the new developer has taken over.... As shown above, the lake has been drained and is being repaired, as there seemed to have been a leak that was preventing it from staying full. Not shown above, a new brick wall is being built along the edge of Preston Lake at Massanetta Springs Road, which will be accompanied by a revamped entrance. A new model home has been built that showcases what the new builder is offering. A variety of new models of homes are being advertised.... The Cottage Collection (1847-2334 SF) starting in the mid $300K's The Vista Collection (2965-3226 SF) starting in the high $400K's The Estate Collection (3238-4056 SF) starting in the low $500K's The Charleston Townhome Collection (1763-1897 SF) starting in the high $200K's Take a drive through Preston Lake sometime soon to see the changes that are under way, and if you have questions, feel free to email (scott@HarrisonburgHousingToday.com) or call me (540-578-0102). Some Preston Lake reading material from the archives.... Details of Sale of Preston Lake Subdivision (Dec 2012) Preston Lake Acquired By Neighboring Property Owner (Development Company from Maryland) (Dec 2012) Preston Lake Foreclosure Finalized: Land Transfers To Wells Fargo, Homeowners Association (Feb 2011) Preston Lake Foreclosure Auction Results In $3.5M Sale To Wells Fargo (Feb 2011) Preston Lake Headed To Foreclosure? (Jan 2011) Sales Updates at Preston Lake in Harrisonburg, VA (Jul 2010) Receive Updates by Email Recent Articles: Is There A Price You WOULD Pay For This House? There Are Plenty Of Types Of Houses That Exist That Just Are Not Available To Purchase Home Sales By Price Range In The City Of Harrisonburg Are You Compromising On Aspects Of Your Next Home That You Can Or Cannot Change Later? How Much Slower Are The Winter Months In Our Local Housing Market? Rockingham County and New Home Sales Drive Surge in Area Housing Market Find The Balance Between Optimistic And Realistic Home Pricing Room Size Is Difficult To Understand Solely From Real Estate Photos How Much Would You Value Not Having To Prepare Your Home For Showings? One Out Of Four Homes Is Taking Longer Than A Month To Sell
Have any questions? Contact Scott Rogers at 540-578-0102 or scott@funkhousergroup.com
Based on information from the Harrisonburg-Rockingham Association of REALTORS® or its MLS, for the period Jan 1, 2000 through Nov 24, 2024 (unless otherwise noted).
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