You and your family are invited
Tuckasegee, as written in Cherokee, has several meanings: â€œmany turtles, crawling terrapin, turtle place, slow moving water.â€?
to experience a unique style of authentic mountain living in the university community of Cullowhee, NC. This exciting new community is situated in an idyllic mountain setting on the scenic Tuckasegee River near the campus of Western Carolina University and will feature a host of imaginative and exceptional amenities. Purchasers will have the opportunity to select their homesites and homes from a unique architectural collection including single-family homes, condominiums, townhomes, and cabins inspired by the mountain lifestyle the community will offer.
The Cullowhee River Club Founders are individuals and families with understanding and foresight of the community vision and desire to be an important part of its inception. Just 55 privileged individuals and families will have the opportunity to become Founders and form a solid foundation for this unique new community. We invite youâ€Ś to embrace the Cullowhee River Club lifestyle to be inspired to seek new adventures to build the home of your dreams and to become a Cullowhee River Club Founder
Over 125 acres of pure western North Carolina beauty. The Cullowhee River Club will encompass 125 acres of scenic mountain property with over 1.3 miles of frontage on the pristine Tuckasegee River, widely known for its superior trout fishing and inclusion in the Western North Carolina Fly Fishing Trail, and popular with paddlers who enjoy kayaking and canoeing its scenic route. Cullowhee, located in Jackson County North Carolina, is 7 miles south of Sylva, a quaint, mountain town offering an array of dining and shopping opportunities and quality health care facilities. The town of Cashiers is 22 miles south of Cullowhee and the historic towns of Waynesville and Franklin are just 23 miles away. The city of Asheville, 53 miles away, is home to the famed Biltmore House and offers extraordinary dining and
shopping opportunities, major festivals and events, and boasts some of the best medical centers in the southeast. Harrah’s Cherokee Casino is located just 22 miles from Cullowhee and offers live gaming, world class entertainment, dining and shopping. Other area attractions include Cataloochee Ski Area offering skiing and snowboarding in the winter season. Nantahala Outdoor Center, named “One of the Best Outfitters on Earth” by National Geographic Adventures is 37 miles to the west and provides whitewater and outdoor mountain adventures to over 1 million guests per year. The name “Cullowhee” is steeped in local heritage. It is historically known as the Cullowhee Valley, believed by some to be a translation from the Cherokee language meaning “valley of the lilies” and hearkens back to a time when this flower populated the area. The Cullowhee lily is a prominent part of the Cullowhee River Club logo and an aggressive effort is underway, led by the WCU chancellor’s wife, to reestablish this flower in the valley. Cullowhee River Club heartily supports this program and will establish extensive plantings of the flower throughout the community.
KNOXVILLE ASHEVILLE CHARLOTTE
The native people of this area, who became the Cherokee, called this place Cullowhee, meaning “valley of the lilies.” Zephyranthes atamasco once grew here abundantly.
Cullowhee is best known as the home of Western Carolina University (WCU). Since its founding in 1889, WCU has grown to become a major cultural, scientific, and educational force in the region and state. A member of the University of North Carolina system, WCU provides educational opportunities to over 10,000 students representing 38 states and 32 countries. The new Cullowhee River Club entrance is located within 600 feet of the southeast end of the university campus. Cullowhee River Club’s convenient access to WCU and nearby Sylva, Waynesville, Cashiers, and Asheville will afford its residents a unique combination that is rare in mountain communitiesa tranquil mountain sanctuary residents will relish calling home coupled with immediate access to shopping, dining, quality healthcare facilities, and the cultural, sports, and educational offerings of WCU. The community is embedded in a region of western North Carolina that offers a myriad of outdoor recreational pursuits and outstanding scenic beauty.
A True Sense of Community
Grand River Lodge Restaurant with Casual & Fine Dining Resort-style Swimming Pool Clay Tennis Courts Concierge Services River Park Riverside Pavilion Boat House & Boat Launch Volleyball Court Playground Open Space Stocked Fishing Ponds Trails System Community Gardens
The Cullowhee River Club is designed as a mountain haven for individuals and families of all ages, casually elegant and deliberately lacking in the elitism and pretension typical to upscale communities. The rustic, yet sophisticated, mountain architectural style, proposed recreational amenities, and active community programming will make this community a memorable family gathering place for generations to come. The proposed Grand River Lodge, the heart of the community, will provide condominium residences and guest accommodations with one and two bedroom floor plans. The Lodge Restaurant, with river view indoor and outdoor dining, will provide casual and fine dining experiences and be the perfect venue for meetings and events.
A significant benefit to the residents of the Cullowhee River Club is access to the communityâ€™s club-style amenities and recreational experiences usually limited to private club communities with one important distinction- there are no club initiation fees or club dues at Cullowhee River Club.
Shaping the Vision The Cullowhee River Club was envisioned by a veteran team of developers, planners, architects, marketing and environmental consultants and funded by a Dallas-based equity capital group. The property development is being managed by Newell Land Group, LLC headed by Tim Newell, a 33-year veteran in the land development industry with domestic and international experience as a developer, land planner, and landscape architect. The developer team and capital partner both have an unwavering commitment to responsible development that supports conservation of natural resources. This combination of experience, capital, and commitment will enable Cullowhee River Club to become one of the most unique and exciting mountain residential and recreational communities in western North Carolina.
Founders Properties A limited number of riverfront and mountain homesites, cottages, townhomes, condominiums and cabins will be available in the Inaugural Founders Property Release. Riverfront Homesites on the Tuckasegee River ranging in size from 1/6 to 1/8 acres and priced from the low $130,000’s to the $150,000’s during the Founders Selection Period. There is no required time limit for starting construction on your home. (11) Riverfront Homesites will be available in the Inaugural Founders Property Release. Mountain Homesites with river and long range views ranging in size from 1/6 to 1/3 acres priced from the low $100,000’s to the $140,000’s during the Founders Selection Period. There is no required time limit for starting construction on your home. (11) Mountain Homesites will be available in the Inaugural Founders Property Release.
Lodge Cabins, sold as condominiums, are on the perimeter of the River Park and clustered around the Grand River Lodge. The Cabins will offer a one bedroom and a one bedroom plus loft floor plan option, ranging in size from 675 to 720 square feet and priced in the high $100,000’s during the Founders Selection Period. Owners may choose to place their cabins in a rental program managed by an on-site property management company. (11) Lodge Cabins will be available in the Inaugural Founders Property Release. Cottage plans for the above homesites will be showcased in an architectural plan book with floor plans, elevations, and specifications for multiple cottage designs ranging from 1,480 to 2,500 square feet showing alternate elevations and material options. Plans may be customized for increased square footage.
Townhomes are designed with 4 residences per building offering 2 and 3 bedroom floor plans ranging from 1,600 to 1,900 square feet and priced from the mid $200,000’s to the low $300,000’s during the Founders Selection Period. (4) townhome residences will be available in the Inaugural Founders Property Release.
Lodge Condominiums, the centerpiece of the community, are in two 18-unit buildings adjacent to the Grand River Lodge offering one and two bedroom options. Floor plans range in size from 680 to 1175 square feet and priced from the high $100,000’s to the mid $200,000’s during the Founders Selection Period. Owners may choose to place their condominium in a rental program managed by an on-site property management company. Only (18) of the 36 planned condominium residences will be available in the Inaugural Founders Property Release.
Phase 1 Site Map
Founder Benefits and Privileges Founders will enjoy a variety of Benefits and Privileges, including: Early selection privileges over the general public. Early selection privileges over the general public for all subsequent property releases in the community. A $10,000 purchase discount for each property purchased during the Founders Selection period. Two years of POA dues paid by the developer. Up to $3,000 in closing costs paid by the developer.
This site plan is based upon proposed development plans that are subject to change without notice, including the location of the proposed features and improvements shown on this site plan. This site plan is provided for illustrative purposes only and is not exact.
Ability to trade a Founderâ€™s homesite to a new developerâ€™s homesite within 4 years of original purchase date, provided the net purchase price on the new homesite is equal to or greater than the net purchase price of the original Founder homesite being traded.
FAQ Frequently Asked Questions 1.
How can I participate in the Inaugural Founders Property Release?
If the Inaugural Property Release becomes oversubscribed, some participants will not be able to select a Founder Property during the Founders Selection Period or receive the program’s Privileges and Benefits listed above. For this reason, your timing in securing an Indication of Interest Reservation Agreement is very important. Although there is no limit to the number of Founders allowed to participate in the program, there are only 55 Founder Properties scheduled for release during the Founders Selection Period.
Due to the level of interest in Cullowhee River Club individuals and families who are interested in participating in the Inaugural Founders Property Release will be required to secure an Indication of Interest Reservation Agreement.
How will I benefit by securing an Indication of Interest Reservation Agreement? Your Indication of Interest Reservation Agreement entitles you to participate in the special Inaugural Property Release at the Cullowhee River Club which is limited to just 55 Founder Properties. Indication of Interest Reservation Holders are designated as Founders and assigned a priority status for property selections with the opportunity to purchase a Founder’s Homesite, Cottage, Condominium, Townhome, or Cabin during the Founders Selection Period prior to the general public offering. Additionally, Founders will qualify for the Cullowhee River Club privileges and exceptional benefits described above.
Step 3: Qualify for Founder status by completing a Non-binding Indication of Interest Reservation Agreement with a $1,000 deposit, held in our attorney’s trust account and fully refundable at any time should you choose to cancel. Step 4: Visit the Cullowhee River Club and tour the available properties. You may elect to immediately select and reserve your favorite property or select one of your top properties, not previously purchased, during the Founders Selection Period.
What documents will I receive prior to entering into a sales contract? The following documents are being prepared now and will be sent to all Founders before any sales contracts are presented: • The Consumer Finance Protection Bureau Property Report • The Declaration of Covenants, Conditions, and Restrictions • The Community Design Guidelines
There is a four-step process taken at a pace determined by your level of interest. Each individual will gauge their interest as they become more knowledgeable throughout the process that begins with the initial information request, then developing an interest in the project, and finally determining their desire for Founder status.
Step 2: Become Knowledgeable and request to be placed on the Interested List.
What type of financing is available should I decide to purchase a property at the Cullowhee River Club? The developer is currently working with several banks to establish preferred lender programs to streamline the loan qualifying process and offer special programs to Cullowhee River Club purchasers.
How does the process work?
Step 1: Be Interested and request information.
Why is the timing of securing my Indication of Interest Reservation Agreement important and how many Reservation Agreements are available?
How can I ensure that I have the opportunity to participate in the Inaugural Property Release as a Founder? You can secure your Founder status by completing the Indication of Interest Reservation Agreement and submit your fully refundable Reservation Deposit of $1,000. Reservation Deposits are held in an attorney’s non-interest bearing escrow account and are immediately refundable upon request. The escrow attorney is: Coward, Hicks & Siler, PA 211 Cashiers School Road P.O. Box 1918 Cashiers, North Carolina 28717 Telephone: 828-743-2401 Fax: 828-743-2403 firstname.lastname@example.org
For more information and details, we invite you to contact your Cullowhee River Club Sales Executive at 1-877-258-2522.
INAUGURAL FOUNDER’S PROPERTY RELEASE RESERVATION CERTIFICATE (Founder Name) This Reservation Certificate entitles the Interested Purchaser to participate in the Inaugural Founder’s Property Release at the Cullowhee River Club. and during the Selection Period, the Interested Purchaser will have the opportunity to participate in the Founder’s Program and qualify for significant purchase incentives offered only during the Selection Period. To qualify, the Interested Purchaser must contract for a Founder’s Property from the Developer’s Inventory during the Founder’s Selection Period and close on the selected property according to the terms of Interested Purchaser’s Purchase Agreement with Cullowhee River Club. The Interested Purchaser will then receive:
Early Selection Privileges over the General Public for all Subsequent Property Releases A $10,000 Purchase Discount for each Property Purchased during the Founder’s Selection Period Two Years of POA Dues Paid by the Developer Ability to Trade a Founder’s Homesite to a new Developer Homesite within 4 years of Original Purchase Date, provided that the new homesite price is equal to or greater than the original homesite price Up to $3,000 in Closing Costs paid by the Developer
Cullowhee River Club Tim R. Newell, Developer Representative
Published on Oct 11, 2013
Published on Oct 11, 2013
A new mountain community emerging in the scenic university area of Cullowhee, NC on the banks of the pristine Tuckasegee River,