[retiredguy123]

Originally Posted by Martian

There is one little thing about OTOTW (I think) in that you don't actually OWN the land, you get a 100 year lease on it, then it reverts to the developer. At least I read that one the internet and so it must be true!

Yes, it is true. The On Top of the World development in Ocala uses 100 year land leases. So you don't actually own the land that your house is built on.

[TomOB]

OTOW is leasehold only in the original section where the row houses are. Candler if fee simple. The monthly fee is more in the leasehold section, but you get more. Everything outside is taken care of including lawn, bushes, pressure washing and painting every 7 years and new roof every 15 years unless needed sooner.

[graciegirl]

Originally Posted by Midnight Cowgirl

Keep in mind that the house is "for sale."

It has not yet been sold.

Exactly. And if it sells, it is worth the asking price to somebody.

Meanwhile all of our homes in The Villages are rising in value according to the market.

A rising tide lifts all ships, and causes our taxes to go up.

Ain't nothin' sure but death and taxes.

It is still another beautiful day in The Villages and we are still alive on this Forum and looking to debate.

[B-flat]

Originally Posted by TomOB

OTOW is leasehold only in the original section where the row houses are. Candler if fee simple. The monthly fee is more in the leasehold section, but you get more. Everything outside is taken care of including lawn, bushes, pressure washing and painting every 7 years and new roof every 15 years unless needed sooner.

The developer in OTOW does not pay for the roof the owner of the home does. My late aunt and uncle owned a home there, she died, when he got sick then passed I handled sale of the home. Timing is everything even though the roof was rated as 25 year shingle life we got a letter saying the roof was 18 years old and needed replacement. Yes they hired the contractor to do the work, but the cost of the roof was on the back of my uncle’s estate.

[Kenswing]

Originally Posted by Kenswing

I know this will be all opinions and hard to answer without pictures, but what would make a new Designer home in McClure worth almost a million dollars?

Homefinder - The Villages(R) Homes and Villas for Sale

Still on the market after 2 months. NOTHING stays on the market that long in The Villages unless it's grossly overpriced.

[John_W]

A couple of years ago on a similar thread I posted about a home for sale on the Morse Compound, it was off 466 across from Bridgeport at Laurel Valley. It came with 10 acres and stables and had everything and they were asking $4 million. It sold for $2.6 million to the investment firm owner Fross. Here's what it looked like





Here's a link to zillow where the home is still on display, there are plenty of photos

https://www.zillow.com/homedetails/1...3113144_zpid/?

There's another home for sale right now on the Morse Compound, this one is a little cheaper and smaller. This one comes with 6 acres plus you have the option of buying 4 more acres for $225K. They're asking $1.3 million, I don't see a pool on this one, where on the other the home wrapped around the pool. There's a link below





Homefinder - The Villages(R) Homes and Villas for Sale

[Velvet]

Very nice listing again, love the koi pond, there are parts to the home that are a little dated but then this listing was a while ago. The layout is so inviting. Even just the pictures make you feel pleasure. Not doing this type of thing right now but I used to take pictures of all my past homes and paint them on canvass as sort of an autobiography.

[Garywt]

Doesn’t look like $1.3m to me. As I retire, the smaller the better, less is more for us. Note, the original post showed a different house.

[flyguy909]

I think I know what house that is. If you play Longleaf you walk by it on one of the later holes. The lanai is awesome with the pool, spa and kitchen.

I assumed it was a custom build and the owners hadn't moved in yet. If it's a spec house, it's the most tricked out one I've seen.

[Garywt]

The kitchen is gorgeous and all the built ins in the various rooms are great. The pool, spa and view are beautiful. Lots offered here, not in my price range but it will work for someone.

[Love2Swim]

Originally Posted by Kenswing

Still on the market after 2 months. NOTHING stays on the market that long in The Villages unless it's grossly overpriced.

Its on the golf course, but it has a golf cart path in the back close to the home which makes it less desirable - no privacy. I'm referring to the house listed on the first page of this posting.

[vintageogauge]

Originally Posted by Love2Swim

Its on the golf course, but it has a golf cart path in the back close to the home which makes it less desirable - no privacy. I'm referring to the house listed on the first page of this posting.

It only has a two car garage and not very roomy inside of it. The Ivy is also a 4 bedroom home and the original buyer had one of the bedrooms made into a master closet so it's now a 3 bedroom home with a 2 car garage. I think for the most part it's a great looking home but on the wrong lot and needs another garage spot.

[retiredguy123]

Originally Posted by Love2Swim

Its on the golf course, but it has a golf cart path in the back close to the home which makes it less desirable - no privacy. I'm referring to the house listed on the first page of this posting.

The biggest problem is the two car garage. If you have 2 cars and a golf cart, you will always be shuffling cars. The other problem is that the two houses on either side each cost about half of the asking price for this house and they both have golf cart garages. And, who needs a full bathroom suite in the pool area?

[JSR22]

The 2 car garage would not be an issue. I love thepool, outdorr kitchen, view and the closet is killer. What I dislike is so much grey. I find the house gloomy.

[600th Photo Sq]

Originally Posted by Kenswing

I know this will be all opinions and hard to answer without pictures, but what would make a new Designer home in McClure worth almost a million dollars?

Homefinder - The Villages(R) Homes and Villas for Sale

Totally beautiful home, however, the choice of tile in the Lani/Swimming pool area looks like an accident waiting to happen as in " Slippery ".

The price tag? It is The Villages and it will sell.