Tuesday, June 29, 2010

Dreams Come True On Smith Mountain Lake

We have always said Smith Mountain Lake is a magical place – the jewel of the Blue Ridge Mountains! This past weekend, people found out dreams DO come true on Smith Mountain Lake. 48 lucky families purchased condos available at Bridgewater Pointe for amazing prices! All 48 units were sold by Prudential Waterfront Properties in one day.


In what was undoubtedly the opportunity of a lifetime, the condos were available to purchase through a buyers lottery. For $5,000, you could put your name in for a chance to buy one of the condos. If your number was drawn on June 27th, you were able to pick your condo! If your name wasn’t drawn, the $5,000 was returned.

They expected about 100 people to participate in the lottery. Over 300 folks actually showed up! Those who were lucky enough to have their number drawn, walked away with their very own Smith Mountain Lake condo. They have 30 days to arrange their financing and close on the property.

As you can well imagine, there are definitely some very excited people in the area. The three- to four- bedroom homes were being offered at 30%-40% below the assessed value. Some of the properties started as low as $200,000! The deal even included being able to become a member of the Waterfront Country Club with no initiation fee! That is a $10,000 perk! Dreams really do come true on Smith Mountain Lake!!

When you are ready for your own waterfront dream to become a reality, call Vicki Millehan! An agent of Prudential Waterfront Properties and long time resident of Smith Mountain Lake, Vicki’s team can help you find a great deal on a beautiful home on the lake!

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