Hill country’s premier luxury community continues to set standard in upscale residential
(BOERNE, Texas) – Cordillera Ranch – the Hill Country’s premier luxury community – reports home and lot sales soared in 2015, further solidifying its position as the market leader in upscale residential and exclusive country club living.
Located 30 minutes northwest of San Antonio, the 8,700-acre Cordillera Ranch boasts 0.25-acre villas, one- to 10-plus acre estates, including valley-view, golf course, Guadalupe River frontage and hilltop home sites. Cordillera Ranch also pioneered the on-site, resort-style amenity clubs (in one membership) – Golf, Tennis and Swim, Spa and Athletic, Social, Rod and Gun, Equestrian and River – that has attracted a wide array of buyers throughout Texas and nationally.
Highlights from the banner year include:
• $98 million in real estate transaction in 2015, including home starts, lot and home sales
• 62 lots sold, totaling more than $17 million (up 10 percent from 2014)
• Lots sales volume rose 45 percent against the prior five-year average of $12.3 million
• 43 homes sold, a 16 percent increase over 2014, totaling more than $40 million
• Average sale price rose by $60,000, from $881,000 to $941,000
• 29 new homes starts totaling over $40 million
• Homes currently on the market range from $500,000 to $4 million, with an average list price of $1.57 million
“Cordillera Ranch continues to be a standard bearer in the luxury lifestyle category,” says Charlie Hill, Chief Operating Officer and President at DH Investments, developer of Cordillera Ranch. “Despite sagging oil prices and a volatile economy, the San Antonio market is still thriving with many more people moving to the Hill Country. We expect 2016 sales to remain on an upward trend as we unveil our newest development within the community, The Springs of Cordillera Ranch.”
Featuring lots from $100,000 to $300,000, with lot and home packages ranging from the $600,000’s to over $2 million, The Springs wonderfully combines modern amenities with a traditional Texas Hill Country setting. Gently rolling, wooded terrain and spring fed, cypress lined creeks pair with the refinements of curb-and-gutter streets, native landscaped parks and an interconnecting paved trail system for a true neighborhood experience.
Two of Cordillera Ranch’s Preferred Builders, Partners in Building and Garner Custom Homes, will construct single-family residences showcasing intelligent, invigorating floor plans and architecture that complement the existing homes in this award-winning community.
Since its inception in 1997, more than 700 homes have been completed (with more than 1,200 lot sales) in the 8,700-acre community. At final build-out, this low-density Hill Country community will total approximately 2,500 homes and preserve approximately 80 percent of the land in its natural vegetation.
For families with school-aged kids, the community is in the prestigious Boerne Independent School District. Newsweek recently ranked both Boerne ISD high schools among the top 3 percent in the U.S., while Champion High School was named to the 2015 U.S. News list of the top high schools in the country. Also, an education analysis group listed all five Boerne ISD elementary schools among the top 20 elementary campuses in the San Antonio metro area.
The Alamo City was named one of the hottest housing markets in 2016 by Trulia based on the strong potential for growth. One of the top online residential real estate sites, Trulia notes that the San Antonio housing market exhibits strength in five key metrics: strong job growth over the past year, low vacancy rates, high affordability, more inbound home searches than outbound and a large share of millennials.
For more information: www.cordilleraranch.com, 888.66.RANCH.
About Cordillera Ranch
Cordillera Ranch is an 8,700-acre master-planned residential community located north of San Antonio in the Texas Hill Country. It offers residents on-site recreational activities and boasts 0.25-acre villas, one- to 10-plus acre estates, including valley view, golf course, Guadalupe River frontage and hilltop home sites.
Residents of the gated community can join The Clubs of Cordillera Ranch, featuring seven resort-style clubs in one location – The Golf Club, The Social Club, The Tennis and Swim Club, The Equestrian Club, The Rod and Gun Club, The Spa and Athletic Club and The River Club. Cordillera Ranch is undertaken by Cordillera Ranch Development Corp., a subsidiary of Texas-based DH Investment Company.
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