 |  (303) 660-9399 |  |
Featured Property
Summary
"... a place of character for people of taste."
This is a one-of-a-kind, totally self-sufficient, high-end custom design residential estate on 10 acres near Castle Rock, Douglas County, Colorado. The starting, base price is $4,950,000.
The 10-acre site boasts awesome east and west views on top of a hill, accessed by a long driveway off a private road.
General Design features will include a three-level ranch design, opulently appointed.
8,000-plus square foot manor house with six bedrooms, 7 baths ... loaded
2,500-plus square foot carriage house
4-stall horse barn
Completely self-sufficent home: electric, energy, water, heat, and security
Active and passive solar systems with photovoltaic electric and geo-thermal heat source
Exterior design (photo) completely, naturally and “environmentally” blends with nature
'Open' design features for plenty of sunlight
Unlimited options with fluid floor plans
Low maintenance
Unlimited options with fluid floor plans
Spacious room sizes with plenty of storage space throughout
Concrete and steel construction for strength, safety, security and longevity
Steel composite roofs with 75-year warranty
Fibre optic cabling throughout for sound, DSL, WiFi and satellite
Special high-impact, designer windows
HEPA air filter system for entire residence
Fire protection inside and out (Intelligard System)
State of the Art fire and fire hazardprevention measures
Water rights protection
Sub-surface mineral and geo-thermal rights protection
Special Design Features
Advanced custom designer gourmet kitchen and bath plans
" Safe” Room
"Secret” Room
"Health” Center with ‘cool’ FAR infrared sauna
Full Ground floor recreational designs
Outdoor, heated pool
Elevator
Mountain well water filtered to state of the art purification
Complete safety-conscious design and planning
Advanced Security Measures integrated with state of the art sound and video systems
“EcoManor” design ... to protect your health while reducing utility bills and produce income
Radiant heat floors
Main heating source supplied by geothermal system
Electricity supplied by photovoltaic cells and storage; excess sold to utility company
All appliances are Energy Star rated
Rain water and snow melt captured, processed and used for toilet and waste water, plants, gardens and landscape sprinkler systems
Advanced well water treatment and storageUV filtration
Advanced RO system
Advanced water softener system
Advanced waste water recycling, treatment and storage system
“Green” Home ... an environmentally safe and conscious design
An all-concrete foundation and structure
Steel framing, trusses and joists (hybrids where necessary)
Composite steel designer roofs
Stone and brick facia, long term siding
Mmany other innovative, eco-conscious approaches
“Smart Home” ... Advanced, intrusion-protection ID system
Voice activated electric command appliances
Family tracking and monitoring
M any other devices and systems but undisclosed to the public
Safety
A “safe” space fully equipped for most emergencies and outside threats
A fire protection system to protect your home from forest fires
Fire retardent exterior wall paint
Advanced “Intelligard” system
Steel roof
Runway-type track lighting the length of your driveway
Security ... In-house, exterior home and grounds security systems
Real time alert ban width
Non-interruptable software and secure hardware
In-house and exterior house system
Sound and motion sensitive video and alert system with night vision
Grounds and perimeter system
Sound and motion sensitive video and alert system with night vision
Transaction Summary
This project involves the acquisition of the first of seven custom designed single family residence in an upscale section of Douglas County, Colorado, with a purchase agreement due to close November 11 through December 1, 2007. Offer price of $525,000 was accepted. The property will be scrapped, and an entirely new designed (photo) custom home built in its place.
One group of lenders will take title to the land while a second group will fund the initial development and start up construction.
Both Groups provide down money, closing costs and fees and 1 year PITI.
Since each group will be on the title and their Club’s credit is used to close the 1st mortgage loan, Lenders take the write-offs and a small appreciation payment when the loan(s) is amortized at the end of year one.
Each Group receives a straight forward 12% simple interest for one year. Security is accomplished via a Promissory Note and "Deed of Trust" lien position held by the Lender Club LLC in which each "lender" is a "Preferred Member".
Lender Club's money is deposited into an escrow account until closing. The nationally accredited Stewart Title Company is the Escrow Trust agent and the escrow manager.
Status
Property is in an active contract.
Closing is scheduled between November 12 and December 1, 2007.
Inspection completed August, 2007 including Radon Test. Resolution to small check list was agreed to and signed September, 2007.
First Deed of Trust investor (Heart) approved for $405,000 1st mortgage by a Florida Bank.
All title work was completed and accepted with the exception of a ”Third Party” sub-surface mineral and geo-thermal energy rights exception. The Developer has negotiation a 99-year lease on such rights and expects to have the final agreement sometime between November 12 and December 1, 2007. Closing on the property is contingent upon receipt and acceptance of this document.
Appraisal ordered and will come in on target since all the "comps' support the asking price.
A single project, single asset Limited Liability Company (LLC) will be formed in Colorado to accomplish the transaction. It will be dissolved at the event of passing title to the option holder.
MLS data, pictures, and maps, etc. available.
Once it is determined that he/she/it is committed, specimen forms of the Promissory Note and Deed of Trust will be sent to each "Lender Club".
A "Generic" LLC Operating Agreement specimen is also available.