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All Press Releases for August 9, 2005 Subscribe to this News Feed      
 

Echota Marks Halfway Point with 283rd Home Sale

Echota, a gated resort community in the mountains of Boone, North Carolina, reached its halfway point in new home sales. Echota is located within two hours of Charlotte, Hickory and Winston-Salem and approximately three hours from Raleigh.

BOONE, NC (PRWEB) August 9, 2005 -- Echota (www.EchotaNC.com), a gated resort community in the mountains of Boone, NC, reached its halfway point in sales last month, four years after it opened. The Foscoe Realty and Development community is also on pace for its best year for sales since its inception.

With the construction of Echotas second phase - Echota on the Ridge - now underway, developer Mark Harrill expects the second half of the Adirondack-style homes to sell even faster. The second home market has dramatically increased within the last few years, and more and more people are taking advantage of the properties the High Country has to offer," said Harrill.

According to Foscoe Realty and Development, Echotas second home market includes many buyers from the Charlotte, Raleigh-Durham and Greensboro - Winston-Salem markets who are seeking a home which can serve as a weekend getaway, and double as a rental property.

After selling 50 percent of its homes, the development company finds that homeowners give familiar reasons for buying in the High Country. They can come relax and escape to a cooler climate," said Tiffany Phipps, marketing coordinator for the development company. These are professionals who just want to kickback, wear blue-jeans, and take in the convenience of a quiet haven thats within just a few hours drive."

Many homeowners spend several weeks at Echota each year, and then rent their homes out to vacationers during peak seasons. Foscoe Realty and Development provides the rental service, adding an additional opportunity for investment for second homeowners.

Echota features Adirondack-style townhomes, condominiums and single family homes in the heart of the High Country, a region known for its breathtaking mountain views. Echota on the Ridge will offer the same homestyles on a compelling setting along the incline of Echotas surrounding mountains. The communitys amenities include a clubhouse with indoor and outdoor pools, a fitness center, hiking trails and stocked ponds for fishing. Developers, who recently broke ground on a new residents club and pool for Echota on the Ridge, noted that all amenities are reciprocal for both phases.

ABOUT ECHOTA
Echota is centrally located within minutes of Boone, Blowing Rock and Banner Elk, and within two hours of Charlotte, Hickory and Winston-Salem. The recent completion of the new Interstate 40 makes Echota accessible from Raleigh in approximately three hours. For more information about Echota, call the sales center at 800-333-7601, or visit www.EchotaNC.com. The sales center is open Monday - Saturday, 8:30 a.m. – 6 p.m., and Sundays 11 a.m. – 3 p.m.

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CONTACT INFORMATION
Media Contact: Zach Mazefsky
Foscoe Realty and Development
252-514-2211
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ATTACHED FILES

Grandfather Mountain, Boone, NC

Indoor Pool at Echota

Adirondack-Style Home at Echota

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