CANAL WALK HEADS TOWARDS MOST SUCCESSFUL SELLING YEAR

Canal Single-Family 09

Single-Family Homes at The Reserve at Canal Walk

Strong Sales In Reserve And Enclave Neighborhoods Place
Active Adult Community On Pace for Record Breaking 12 Month Period

SOMERSET, N.J. — Canal Walk, the popular active adult community in Somerset County’s Franklin Township, is reporting overwhelming buyer interest in two of its distinctive housing sections.

The multi-dimensional neighborhood bordering the historic Delaware and Raritan Canal is on pace for a record breaking year thanks to rapid sales activity in its Reserve and Enclave neighborhoods, according to developer Premier Development. The Reserve features spacious and luxurious ranch-inspired and two-story single-family homes, while the Enclave offers magnificently-appointed condominium residences.

Much of the success is linked to the introduction of value-packed pricing and brand new housing designs which are opening the door to an affordable resort-inspired lifestyle for more active adults than ever before at Canal Walk, indicates Sales Manager George Adinolfi.

“The key ingredient in the popularity of Canal Walk has been the ability to accurately examine and respond to today’s housing market by introducing new home plans and pricing that have tremendous appeal and accommodate the needs of today’s adult buyers,” says Mr. Adinolfi.
“For example, condominium residences in our Enclave neighborhood are now available at the lowest prices ever offered at Canal Walk.

“In our Reserve section, we’ve taken a creative and bold step by reconfiguring a number of popular single-family designs and are offering them as ranch homes with reduced prices from just $361,900. We also have luxurious two-story homes in the Reserve now available for immediate occupancy, priced from $441,900.”

The ranch-style designs at Canal Walk are being snapped up in quick fashion by discerning buyers who appreciate the community’s desirable Somerset County location and Energy-Star Certified homes. To keep pace with the strong sales activity, construction is now underway on two new ranch model homes which will vividly illustrate the functional single-level floorplans at Reserve at Canal Walk. Once completed, the residences will join five existing models at the community.

Residences in the Reserve provide greater comfort and lower energy bills due to the fact that they are being developed under strict guidelines set by the U.S. Environmental Protection Agency and include energy-saving features that make them significantly more efficient than typical homes.

Two-story single-family homes in the Reserve offer up to 3,200 square-feet, three or four-bedrooms and 3 to 3.5 baths. The two-bedroom ranch homes boast up to approximately 2,500 square-feet, 2 to 3.5 baths and are located on oversized homesites.

“These residences are also being offered with new feature packages that will provide buyers with more interior options and more flexibility than ever before,” Mr. Adinolfi points out.

The Reserve homes boast upscale standard appointments such as nine-foot first floor ceilings, hardwood flooring, decorator light fixtures and large eat-in kitchens with 42” cabinets, granite countertops and GE™ appliances, including a self-cleaning range and space-saver microwave. Sumptuous master bedroom suites include tray ceilings and a master bath with a soaking tub and separate shower with built-in seat. The homes include plenty of storage space which is always a major consideration for active adults.

“Two-story residences also offer staircases with oak treads and dramatic oak railings,” says Mr. Adinolfi.

At the Enclave at Canal Walk, active adults are showing great interest in the newest condominium phase where several of the homes have already been reserved throughout the fall season. The neighborhood has made its mark on active adult housing thanks to its unique blend of maintenance-free condominium living, elegant one-level designs and a resort-like environment.

“The Enclave has appealed to active adults who want the peace of mind that comes with condominium living and the activity-rich lifestyle offered at a community where the comprehensive roster of recreational amenities is already complete and open,” says Mr. Adinolfi. “Here, they can simply turn the key and head out to visit nearby family and friends or escape to Florida in the colder months. When they return home to the Enclave, a magnificent home and country-club inspired neighborhood awaits them.”

Competively-priced from just $224,900, residences at the Enclave range in size from 1,500 square feet to more than 1,800 square feet. Six magnificent two-bedroom housing designs feature open floorplans, large living rooms, gourmet kitchens with Corian™ countertops, GE™ appliances, huge amounts of cabinet and pantry space, nine foot ceilings, hardwood entry foyer flooring, master bedroom suites have large walk-in closets and lavish master baths with ceramic tile floors, seated showers and oversized soaking tubs.

“Homes in the elevator buildings also offer outdoor space and balconies, as well as indoor parking,” Mr. Adinolfi points out.

The lively and active lifestyles at the Reserve and Enclave are centered around the 32,000-square-foot Premier Club at Canal Walk, one of the largest and most comprehensive in the state. Featured inside are a heated indoor pool and whirlpool, a spa equipped with steam room and sauna and fully-equipped fitness room. There’s also a library, craft room, billiards room and separate men’s and women’s card rooms for gathering with neighbors and friends. In addition, a business center, banquet hall and lounges are also available inside the clubhouse.

Tennis and bocce courts and a putting green are also offered on-site, adjacent to the refreshing outdoor pool and spa. Additional services include a beauty salon and a massage and wellness center.

“And of course, the community’s location near the Delaware and Raritan Canal offers access to recreational amenities such as the community’s walking trails which have been carefully laid out to connect with sections of the old canal that have been preserved as public open space,” comments Mr. Adinolfi. “There are several other leisurely-pursuits available at Somerset County’s many golf courses, gardens, parks, museums and art exhibits.”

For more information on the Reserve at Canal Walk, please call (732) 564-0010. For additional information on the Enclave at Canal Walk, please call (732) 356-1191. Details on both neighborhoods can also be found at http://www.premierdevelopment.com. To visit Canal Walk, take Route 287 to Exit 12. Make a left onto Weston Canal Road and proceed 2.4 miles until you reach Schoolhouse Road. Turn left onto Schoolhouse Road and continue 7/10 of a mile until you reach the entrance at Canal Walk Boulevard. Make a right into the entrance and follow signs to the sales office and models on your left.

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