WEDNESDAY, OCTOBER 8, 2008

Sales Update October 2008

We often receive requests for an update on Montreux's progress. The following is a recap of where Montreux is today and our exciting plans for the future.

The Montreux Community and Development To-Date:
Montreux began development in 1996 and consists of 726 acres with approximately 550 planed homesites. Of these total homesites, there are approximately 275 Custom Lots.

To-date, all 39 Cottages, all 16 StoneHaven, and 13 out of 14 Creekside Manors have been sold. Currently there are 225 built homes in Montreux with an additional 18 homes under construction. There are already 8 homes that have been passed through the Montreux design review committee with plans to break ground next spring.

The Renaissance community began selling in 2004, and has experienced a stellar sales record. The community is starting its final phase now, with only 12 remaining homesites out of 44 in total. Renaissance has consistently offered the best value for Montreux home owners.

The community of Chalets has had a recent bout of success, with 3 Chalets going into escrow in the last quarter alone. There have been a total of 7 sales, out of the 30 total Chalets. There are still plenty of amazing homesites to choose from for a “built-to-suit” Chalet.

Montreux's Promising Future:
Les Maison is Montreux’s newest community, built by renowned custom builder, Dave Pearce. Construction on the first four Les Maisons, including two models, is currently underway. There will eventually be 64 of these stunning French Cottage styled homes in the Les Maison community. For more information on this new development, contact Rob Wonhof or Jan Houston at 849-9444.

Phase 5 South is the next phase of Custom Homesites. These lots, located to the far Southeast of the community and alongside the 8th fairway, are some of the most anticipated homesites that Montreux will release. This phase of custom homesites represent the very best of what Montreux has to offer – tall pines, views of the Sierra's and the famed "Bear Trap" consisting of hole number 8 and the course lakes. There are a total of 38 lots in this release and only 7 available along the course. An interest list is forming now.

Montreux's successful sales and development history will be matched by even greater things to come. With such wide array of consistent quality and development, there is no wonder why Montreux is considered the Premier Community in Nevada.

Please contact Brooke, Louise or Monica for more information at 849-9444.
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