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Full details
International Release - June 1st, 2008 - Now Taking Reservations On Initial Phase Releases
Property Type: Condo
Development: Horizons At Grenelefe
Location: Central
Status: Remodeled
Availability: Released - June 1st 2008
Completion Date: December 2008
Payment Terms: $10K Reservation | Balance of 25% Due Within 90 Days
One of Central Florida’s Best Locations:
Horizons is nestled near picturesque Haines City, in Polk County, Florida - centrally located on the 3,000-acre Lake Marion, between the major metropolitan centers of Orlando and Tampa. Larger than both Orange County (home to Orlando) and Hillsborough County (where Tampa is located), Polk County has become the place to develop in Central Florida.
Proximity to both Interstate 4 and Highway 27 provides residents and visitors with convenient access to international airports in Orlando and Tampa. Drawn to the temperate climate, world-class attractions, and abundant sunshine and water, more than 50 million visitors flocked to Central Florida in 2007. The area continues to draw new residents as well - with the population expected to increase from 17 million to 26 million by 2030.
Horizons at Grenelefe will incorporate renovated residential, retail and resort components into the picturesque 1,177-acre setting, which is situated in the growing Highway 27 corridor - centrally located to both Orlando and Tampa and within a 30-minute drive of Walt Disney World® and Universal Studios theme parks.
The developer will invest $300 million over the next 10 years to redevelop Grenelefe - restoring it to the epitome of resort living . . . Florida style. The community will encompass totally new residences, a refurbished convention center, a luxury hotel and spa facility, a village center with restaurants and boutique shopping, a marina providing access to Lake Marion . . . and a new 18-hole golf course designed by Arnold Palmer.
Arnold Palmer West Course:
Golf will be the focal point of life at Horizons at Grenelefe. The West Course, which in 1982 was named the state's best by Florida Golf Week magazine, will be renovated by Arnold Palmer Design and modeled after New Jersey's famed Pine Valley Golf Club, consistently rated one of the top golf courses in the world.
The History of Grenelefe:
The resort was first developed by George Phelps in the 1960s as Arrowhead Development. The resort became internationally renowned under Japanese ownership in the 1980s as Grenelefe Golf and Tennis Resort, with three world-class golf courses, 20 professional tennis courts and a conference facility that drew companies from all over the world. Throughout the 1980s, Grenelefe hosted international visitors as well as some of the world’s top athletes – serving as a PGA Qualifying School and the site of the United Airlines Tennis Tournament of Champions.
In 2001, the resort was acquired by new owners, yet much of the community remained undeveloped for six years. In 2002 the West Course was closed, leaving only the South and East courses available for play. This left many residents with homes overlooking an overgrown field instead of a pristine golf course. Feltrim Developments contracted to purchase the property in early 2008, and plans to invest $300 million in improvements and renovations over the next ten years, renaming it Horizons at Grenelefe.
Available Styles/Floorplans:
Magnolia Blossom - Studio Unit (312 Sq Ft) - TBC
Pine Cone - Studio Unit (389 Sq Ft) - From $71,750.00
Red Maple - 1 Bed | 1 Bath (862 Sq Ft) - From $125,000
Silver Maple - 1 Bed | 1 Bath (866 Sq Ft) - From $128,000
Grand Oak - 1 Bed | 1 Bath (906 Sq Ft) - From $128,000
Magnolia - 2 Bed | 1 Bath (1,088 Sq Ft) - From $155,250
Grand Magnolia - 3 Bed | 2 Bath (1,543 Sq Ft) - From $202,500
All units will be delivered unfurnished, allowing the owner to decide the purpose for the unit as units are zoned for residential, long-term or short-term rental. All units will be completely remodeled including interior repainting, new flooring, new appliances, new kitchen cabinets, counter tops and bathroom vanities.
Club Membership - Golf or Social Membership:
Access to golf courses
Two categories of membership for members with diverse interests
Limited number of 525 Golf Members to maintain access to member-only facilities, golf facilities and benefits and events
Preferred tee-times and greens fees
Complimentary greens fees for Golf Members
Reduced greens fees for Social Members at 60% of the hotel guest rate
100% refundable membership deposit less 30% transfer fee
Transferability of membership with sale of a residential unit
Priority dining reservations at both the hotel restaurants and the resort course clubhouse
Preferred pricing on retail purchases and food and beverage purchases at both the hotel and the resort course
Use of clubhouse facilities
Inheritability to spouse or adult child
Privileges for both immediate and extended family members
No assessments for operating deficits or capital improvements
Member concierge services
Initiation Fess attached with Club Membership:
Social Membership - $10,000 Initiation | Monthly Fee - $120.00
Golf Membership - $20,000 Initiation | Monthly Fee - $400.00
Property reference: fapa5048
Disclaimer: Property details, prices and availability are supplied by the developer or the agent and are subject to change. findaplaceabroad.com cannot be held responsible for any inaccuracies.
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