Some good news is coming out of East Texas: Long Cove is getting it on. This coincides nicely with some positive news about the second home market: it is no longer dead! Second home sales are up by more than ten percent, while 11% of all real estate purchased nationwide goes for a second homes.
All of which may finally be great timing for Long Cove. The brand-spanking new private residential community on Cedar Creek Lake, honestly, the good part of Cedar Creek Lake, has appointed a director of resident services, David Liles. Liles will oversee the community’s Owners Association and Boat Club, and be the primary point of contact for Long Cove’s concierge-style services such as event programming, golf practice facility, boat rental management, resident boat maintenance, water activities and more.
Naturally, the guy knows the area like the back of his hand. Liles, a long-time resident of Cedar Creek Lake, is bullish on lake-style living. He knows the water and lives literally across the lake from Long Cove. In fact, he gets to work by “commuting” on his paddle board along with his dog, King.
“Becoming a part of a community like Long Cove is an incredible opportunity for me to share my passion for lakefront living, and I look forward to working with the Long Cove team to make this a premier family retreat,” said Liles.
Liles also will work to plan development initiatives, including a marina and additional fun services.
“We are thrilled to have David join Long Cove’s team, and we are confident that his skills as well as his knowledge of Cedar Creek Lake will be well received by our residents,” said Long Cove President Christopher Kelsey, “as he will make their ownership experience even more convenient and family-oriented,”
Long Cove’s mission is to give North Texas families the opportunity to escape from their crazy busy lives, build lasting memories and create family traditions that can be passed on to future generations. It is the vision of Dallas developer extraordinaire Don McNamara, who bought the 130-acre Cityplace property north of downtown Dallas in 1990 when the local economy was in deep recession. But McNamara knew something we are learning today: primo real estate survives any downturn if the ownership is strong enough. More than 20 years after his success with Cityplace, McNamara has a more pastoral dream: develop 1200 acres on Cedar Creek Lake into a luxury home community.
In 2008, when work was just beginning on the golf course, financial history took place: Lehman Brothers went down, and everyone panicked.
“The day Lehman Brothers failed, they shut the work down,” said Christopher Kelsey. “What we were going to do wasn’t going to work anymore.” Switching gears rapidly, the developers decided a 400-home neighborhood at lower price points would be more affordable to construct, maintain and sell. Instead of Jack Nicholaus, there are Seaside-style waterside cottages, larger home sites and a few big family compounds.
Long Cove is also doing it’s best to maximize shoreline. The firm just broke ground on a six-acre expansion of Cedar Creek Lake, adding more than half a mile of shoreline and space for 26 additional lakefront homesites. Long Cove launched the project ahead of schedule due to the quick sell-out of its first phase of lakefront homesites. The lake expansion is scheduled for completion in summer 2013, and the community expects to complete additional milestones leading up to Memorial Day.
Long Cove is a new, private residential community located just over an hour from Dallas on Cedar Creek Lake. The area is getting a ton of buzz . It was built to give North Texas families a second home experience close-to-home, getaways that promote an unplugged, relaxing and family-oriented experience. What’s the prescription for relaxation? A true lock and leave experience — having your boat ready and gassed up the minute your car reaches Long Cove. Pre-planned catered events, having your kitchen and fridge stocked with the groceries your family prefers upon arrival, housekeeping and maid service, and home maintenance. No one wants to spend their precious vacation hours changing lightbulbs, cleaning baseboards or in line at Wal Mart!
Situated on more than six miles of pristine shoreline in Cedar Creek’s deep waters and spanning more than 1,000 acres, the Long Cove property has been untouched for nearly 80 years. Long Cove offers special homesites for waterside cottages, lakefront homes and family compounds, which can all be built-to-suit, accommodating the unique needs of each resident. Amenities at Long Cove include boat valet and concierge, lakefront swim club, a fishing and canoeing pond, hiking and biking trails, outdoor gathering spaces and fire pits, tennis courts, full fitness center, amphitheater and more.