News from the Tennessee Valley State, Local and National news

Local lots up for auction

By Paul Huggins 340-2395

Twenty-three lots in Crown Pointe Subdivision will be auctioned Feb. 10.

Doug Harless, the developer from Tuscaloosa who started the 85-lot subdivision near Burningtree Country Club in the early 1990s, said he doesn't have time to push the project to its end and needs to let the lots go to someone who can finish it.

"A person just can't do it all," he said, noting he's also committed to a development in Baldwin County.

"It needs a local person or even someone from Huntsville to come in and get the streets done and actually get houses in there."

Three of the lots are in the completed portions of Crown Pointe Phase III on Jade Pointe Drive and Jade Pointe Circle. The other 20 are mostly on 100-by-150-foot lots on a straight line between Ben Poole Road and Diamond Pointe.

The street serving those 20 homes is not in place but sewer lines are, Harless said. All the houses in Crown Pointe are 2,500 square feet or more.

Some of the most recent lots sold went for $42,000 to $45,000, Harless said. Appraisals on record with the Morgan County Tax Assessors office showed a couple of 100-by-150-foot lots on Jade Pointe valued at $38,600. Some of the larger lots that back up to Burningtree Golf Course show land valued at $65,000 to $86,500.

"I think it's a great opportunity for someone to come in and finish off a great neighborhood," he said.

Pete Horton will direct the auction, which starts at 10 a.m. Horton said it should last about 30 minutes.

Buyers must be able to put 10 percent down at the auction's close and pay the balance within 30 days.

Save $84.50 a year off our newsstand price:
Subscribe today for only 38 cents a day!

Leave feedback
on this or

Email This Page