CRANE ISLAND REAL ESTATE: WHAT'S FOR SALE & HOW DOES IT WORK?

Everyday, we get asked this question so we thought we would get out in front of this with you. It’s really quite simple. We have 113 homesites to offer to the market. We partnered early with some of the best vernacular Architects so we have dozens and dozens of plans to chose from. To make it all come together, we have 4 builders who then build your home.

So now the big question.. How much?  Simply home and land packages run from $1,4000,000 to about $5,000,000. 

Homesites – $375,000 to $1,995,000

New Construction – Budget $450 to $475 per square foot of AC Space

Example –  3,000 square foot home construction could range $1,350,000 to $1,425,000 for home construction + then add the land price.

Crane Island Data: Over the past 3 years, The Average Size Home is 3,500 sq feet and the Average Price is $1.967M(Land & Home). The range of a home price is from $1.45M to $4.2M. The 6 Month rolling average on price per foot is 465 per sq foot. Lumber cost trends are moving in the right direction and Crane Island Builders will work with you on managing and benefitting on any cost decreases as they occur in the coming months particularly on Lumber.   

  • Percent Of Community Sold 45% 45%
AVAILABLE PROPERTIES
HOMESITES

LISTING INVENTORY

UNITS
Average Land price $602,778 Based on 9 Land listings.
Priced from $375,000 to $1,150,000.
Luxury Homes 2 Homes listed over $1M
New in the last 30 days 1 +11% over prev 30 days
HOMES

LISTING INVENTORY

UNITS
Average Residential price $2,096,875 Based on 8 Residential listings.
Priced from $1,735,000 to $2,495,000.
Luxury Homes 8 Homes listed over $1M
New in the last 30 days 0 +0% over prev 30 days
SOLD & PENDING PROPERTIES
HOMES - COMPLETED
SIGN UP TO STAY CONNECTED
John A Hillman

John A Hillman

Broker - Vice President of Sales & Marketing