Silver Lakes?
 

Just curious, I have been viewing many of the homes online and in particular a region called Silver Lakes. My guess, this is a region with the much older Manufactured Homes and I suspect more older residents. The postings indicated that the older manufactured home could be removed and a new home built on that location by CBS (?). Many locations are referred to as "Homesites".

My question is, have many seen or heard of new homes being built on these sites? My guess is that management would prefer to move the current inventory of open sites in areas such as Buttonwood. Would the HOA prevent placing a new Modular on those sites?

thanks

This is occurring everywhere on the "east side" of TV not only Silver Lake.
There is a CBS home on Paradise Dr between the archery range & Paradise Rec center. There is also one at the end of the 16th hole on Orange Blossom. There's 1 or 2 on Aloha Dr as you head east from Paradise. There are also several new double wide manufactured homes in many places.

I'm sure management would prefer you buy in the new areas but eventually these old manufactured homes will probably all need to be replaced. A friend of mine replaced a single wide 4 years ago with a new double wide. He's single and has a very nice roomy 2/2 clean solid new home.

Personally I like the idea :thumbup:

CBS = concrete, block, and stucco

Question:

"Would the HOA prevent placing a new Modular on those sites?"


No - it has been done many times in the "historic area"


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villages07 - Thank you for posting what CBS stands for...helpful info. for newbies and wannabees.

There are many who post here that live in that area, and are far more qualified than I to comment. However I will tell you some of what I know. There are three villages (the original villages) east of 441, Orange Blossom Gardens, Silver Lake, and Country Club Hills. They were originally all manufactured homes, but many have been replaced as others have said, with either better, double-wide homes or site-built homes. I presume there are certain zoning regs you would have to meet, but you can build a home on a lot after removing the manufactured home. You may want to consider whether that is a wise economic move, as you will likely be overbuilt for the neighborhood for some time.

Most of the site built homes in the historic area are on the smaller size (1300 SF +/-) and fit in well.

When I mentioned "overbuilt", I was not referring to size, but value. A site-built home surrounded by manufactured homes would be unlikely to bring resale value equal to the cost of the original house and lot + the cost of tearing down and removing the existing manu. house + the cost of the new construction. It would also take some time for the entire neighborhood to turn over, if ever, and so one would be upside down for quite a while - at least that is my theory. If one wants to live in a certain neighborhood on the historic side, and they intend to spend many years or the rest of thier life there, then the economic argument may well be moot. Lifestyle concerns often trump economic concerns for any given individual.

Thanks everyone
 

I wanted to thank everyone. I have been trying to "do my research" and came across the Silver lakes properties. To some extent I would have thought that management would have incentivized these older properties. Maybe they will in time.

My wife has talked with the wife of a doctor who currently owns a small house in the villages. Currently they are snowbirds, but that may change.

Again, thanks for the outstanding comments.

I believe someone mentioned that a family had purchased two homes and lots and replaced them with one larger home. Is that within the rules? Given the mature trees in that area that would be prefferable to waiting 20 years for your trees to provide shade.