CURRENT STATUS OF REAL ESTATE DEVELOPMENTS IN BLOWING ROCK 7/17/2018

 

1.       Chestnut at Blowing Rock – 23 Luxury town homes on former site of Blowing Rock Hospital. Four units are under contract at prices between $ 1.4 and $ 1.6 million. Two more of the town homes are reserved. Town homes range in size from 2400 to 2800 square feet with two car garages. Completion of the under contract units is targeted for the spring of 2019. An investment group including Hunt Broyhill of Hickory is developing this project. Premier Sotheby’s Ashley and Jerry Hutchens are marketing this project. Tel. 828-964-5438.

 

2.        Ground has been broken for a six town home development called The Townes on property across Chestnut Drive from the Chestnut at Blowing Rock development. Each town home includes 2600 square feet of space and a two car garage. These town homes are priced at $ 849,000 per unit. An investment group including former Ruddick Corporation CEO Thomas W. Dickson of Charlotte is developing this project. Premier Sotheby’s Maurice Williams is marketing this project. Tel. 828-337-0221.

 

3.       Construction is well underway on John and Jan Winkler’s 21 unit hotel development “The Inn on Cornish” across Main from the Chetola entrance. Units in this development will be available for short term rentals.

 

4.       The 1150 Main Street development replacing the old white house at the corner of Main and Pine downtown just approved by the council includes six condominiums. It is expected that these condos will not be sold but instead will be used for short term rentals. The developer still must close on the property purchase, obtain permits, and complete other details before starting lot clearing and construction.

 

 

 

 

 

 

 

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