Stone Falls of Ada ~ New Apartment Complex Update ~ Ada, Michigan

UPDATE:  The Stone Falls of Ada Apartment complex has went up fast.

Our last post was  in June.  The units are up and some are occupied. Not

all units are completed yet. In the short video here, you can see the

approach to Stone Falls of Ada on Spaulding Ave and just how big this

complex is.  There was a little excitement a few weeks ago when an empty

unit caught fire, the damage can be seen on our video tour.

I am leaving my original post, so you can the how fast the project has

went up.

[youtube=http://www.youtube.com/watch?v=Q5Ec-AribkY&hl=en&fs=1&color1=0x234900&color2=0x4e9e00]

Stone Falls of Ada Apartments

 

 

 

 

 

 

 

Original Post about Stone Falls of Ada:

A new 210 unit luxury apartment complex is taking shape in Ada, Michigan.

The new complex, named Stone Falls of Ada, is scheduled to be completed

in spring 2009. The Dayton Ohio based group that is constructing the

development, the Miller-Valentine Group,and their partners, Boston based 

Cross Harbor Capital Partners LLC reports that the complex will have one,

two, and three bedroom apartments ranging in size from 856 square

feet to 1460 square feet. The location of the project is on the east side

of  Spaulding Avenue just south of Fulton Street.  

stone falls of ada mi

As you can see, construction is well under way.  The buildings in the far

background are the Townhouses and condominiums of Clements Mill.  This

part of the Clements Mill project was sold to be completed as apartment

dwellings.  This is a fairly new feature in Ada Township.

Prior to this development 98 per cent of the homes in Ada Township were

single family residences.  There are a lot of apartments in the Grand Rapids

area but very few in Ada. It will be interesting to see if Ada is attractive to

renters.

Grand Rapids Ada Real Estate ~ Westbrook Realty

Copyright 2008 All rights reserved.

photo by Bonnie Westbrook

Real Estate Market Report – Ada, MI ~ Clements Mill ~ Nov 2008

Clements Mill is  a newer home development built by Eastbrook

Construction in the Ada MI area, started in 1999 and completed in

2003. Apart from newer homes, part of the appeal is the proximity

of  Forest Hills Central Middle and High Schools, Forest Hills

Woodlands 5/6 School, St Roberts & Ada Christian Schools, which

are within walking distance.

Clements Mill is midway between the Village of Ada and Forest Hills

shopping area at Cascade Road and Forest Hills.

Ada’s Clements Mill has seen steady to declining values in the short

time it has been built out.  This is largely due to the current over

abundance of houses for sale in a soft resale market. 

Ada Fall burning bushes

 

                Clements Mill  Real Estate

           Market Report November 2008

  21 Sold, 1 Pending, 5 For Sale, 8 Expired

 

Clements Mill Active Listings November 2008: 5

Average Active Price: $250,700

Average Active Price/SqFt: $118.14

Average Active Days on Market: 120

Clements Mill Sold Listings November 2008: 21

Average Sold Price: $276,223

Average Sold Price/SqFt: $123.39

Average Days on Market: 108

Clements Mill Expired Listings: 8

Average Expired Price: $269,275

Average Expired Price/SqFt: $ 130.94

Average Expired Days on Market: 152

Absorption Rate for Clements Mill homes is averaging 2 sold homes

per month for 2008 to date. With 5 current listings, there is a 2.5

month supply of homes on the market in Clements Mill, Ada MI.

 

Clements Mill Market Report Sept 2008

Clements Mill Market Report July 2008

Clements Mill Market Report June 2008

 

The Ada area growth trends remain strong. Ada Township planner,

Jim Ferro states that the Ada population has grown by 20% since

2000. There is a new proposed 80 condo units Villas of Ada

and Stone Falls of Ada a 210 unit apartment complex, currently

open & under construction here.  The Stone Falls of Ada apartment project

is adjacent to Clements Mill.  Both are scheduled for completion by

spring 2009.

If you have detailed questions about Ada Homes, Forest Hills Homes or

just need further information, please contact me directly at:

1-888-240-1968 ext 0 

 

Grand Rapids Ada MI  Real Estate   Five Star Real Estate LLC

Copyright 2008  All rights reserved

Ada Drive Walking Trail Photo by Bonnie Westbrook

Forest Hills Michigan ~ Real Estate Market Report ~ Watermark Residences ~ October 2008

The Residences at Watermark are located on Watermark Golf Course just

south of Cascade Road. If you don’t like golf,  get defensive when a stray

golf ball rolls into your “yard” you probably would be better off not buying

 a home or condo at Watermark. Of course you would be missing out on the

best golf course in Grand Rapids (no prejudice here, just the facts, folks)

Yes, I play Watermark golf course every chance I get. Watermark is a premier

course with a friendly group of players. We have an excellent grounds staff

and a great pro shop staff.

Watermark single family homes and condos are a very attractive

place to live. Quality built homes with access off Cascade Road and

Spaulding Drive, you are close to the airport, 28th Street shopping,

I96 expressway and close to Cascade, Ada, and Forest Hills schools and

shopping areas.

Watermark Residences Entrance

Watermark Residences Entrance

                                Watermark Residences

                  October 2008 Real Estate Market Report

For Sale:

There are 8 active Watermark Homes currently on the market.

The average Watermark Homes current active price is $ 774,313.

The average Watermark Homes current price per sq ft is $ 226.06.

The average days on the market for active Watermark Homes is 73.

Sold:

There have been 5 Watermark Sold Homes this year.

The average Watermark Sold Homes price is $ 515,000.

The average Watermark Sold Homes price per sq ft is $200.16.

The average days on the market for Watermark Sold Homes is 68.

If you would like further information about Watermark Residences,

Cascade or Forest Hills Homes, please contact me directly.


Grand Rapids – Ada Real Estate
– Five Star Real Estate

Copyright 2008 All rights reserved

photo of Watermark Residences Entrance by Bonnie Westbrook

September Update on Ada Condos ~Villas of Ada Tour, Ada MI ~

We did some investigating the other day and took a field trip, so we

could report on the new Ada condos going up in Ada off

Ada Drive & Hall Street, The Villas of Ada.

The developer has a similar community in Grandville where we took

a tour of the models and community clubhouse. Until the club house

and condominum models are open here in Ada, estimated to be

early 2009, we thought you would like a sneak preview. 

We have put pictures and some information together on a visual

tour, so you can take an armchair tour of what the Ada condo

models will look like.

 Canterbury Sunroom

Canterbury Sunroom

 

Master Bedroom Abbey Model

Master Bedroom Abbey Model

 

We were very impressed with the consideration given to a mature life style.

For instance, in Villas of Ada there will be NO STEPS! Period. 

The plans have been adjusted so there will be more storage in the pantry,

and access to the garage attic will be easier.  The pool is kept open until

 November 1 and is kept heated  to 80 degrees.  The fitness center can be

 accessed 24 hours a day with a key, so you can exercise at 3 am,

 if you want to. 

A nice plus is the Ada Walking Path that can be accessed off Ada Drive

This path is now connected to Grand Rapids Township and Frederick

Meijer Gardens & Sculpture Park at Forest Hills & Fulton.

As you can see by the photos, this will be an very nice development

 to live in.

 

 

Villas of Ada – The Abbey Condo Tour:  

 

Villas of Ada – The Canterbury Condo Tour: 

If you would like additional information about Ada homes, please contact me

directly at 1-888-240-1968 ext 0

Grand Rapids – Ada Real Estate  Copyright 2008 All rights reserved

Custom Cascade Brick Ranch ~ Private Setting

By Bonnie and Terry Westbrook

THIS HOME HAS SOLD.  

Contact Terry if you are looking for a Forest Hills Home.

Have you dreamed of a private Cascade get-away that will start to relax you

when you drive in? Are you dreaming of a Cascade home on a wooded setting,

yet close to schools, shopping, and work? Would you like to look out your

Cascade bedroom window and see nature looking back?

 

Built by a local builder, there are many, manyextras and unusual additions

that you just don’t see in the average home. Custom brickwork abounds,

3 fireplaces, a spiral staircase, custom arched pillars in the family room

and stairwell, stained glass windows, oversized windows that let in the

light and the gorgeous scenery. Special attention to details, such as the

custom window seat in the bedroom, the heated solarium, large rooms,

large closets, solid wood doors & trim.  Decorative mirrors, built in china

cabinet, built in bar cabinet, a sunken living room, sunken whirlpool tub

in master with a custom stone waterfall wall are just some of the added

amenities.  This Cascade home has only had 2 owners and has been well

cared for. Photos don’t do justice to the unique character and setting of

this home.  That  private Cascade retreat you have dreaming of may be

available here – come and take a look for yourself.

Cascade MI Home for sale

Cascade MI Home for saleLiving RoomFamily room & Pool Room

Solarium

Solarium

Forest Hills Public Schools are the school district for this home.

 

Give Terry a call or search for homes for free on our website:

WESTBROOK REALTY

Copyright 2008 All rights reserved