Planned IronWood townhomes going fast

By: Bob Lang    Of The Post and Courier Staff
Originally Published on: 4/14/01
Page: G 4

     GOLF COURSE LIVING: Homeowners are snapping up units before they're built. File photos- Golfers have views of the Stono River from some of the holes at The Links course. (1499) The entrance to The Plantation at Stono Ferry (2733) Wade Spees/Staff- Horse race fans watch and cheer the horses at a recent running of the Charleston Cup, which is held each November at Stono Ferry. (92150) There is also a Post and Courier map, floor plans and an info box HOLLYWOOD-Opportunities for condominium-style living on a golf course don't come around too often in the Lowcountry.
     Maybe that's why the early response to IronWood at Stono Ferry has been so strong.
     IronWood is a developing 76-unit townhome community situated in the middle of The Links at Stono Ferry, the subdivision's 18-hole course. Even though the first units won't be ready for occupancy for about a year, a half dozen units are already spoken for.
     "We're a bit surprised at how quickly word is getting around, and we haven't done any advertising yet," said Ann J. Gillespie of AgentOwned Realty at 902 Savannah Highway, the project's marketing agency. "People are really excited about this development."
     Gillespie said it's one of the first new golf-related condo communities in the area in about 15 years. Prices start at $199,900. Contract sales begin today.
     IronWood is being developed by LandFall LLC, a company established by three Charleston-area businessmen: John Manzi, Carl Beck and Richard Beck. Just about everybody involved with the project is based in the Lowcountry, including the contractor, Gulfstream Construction Co.; the architect, Bill Huey; and the project's lender, BB&T.
     "It's totally local and we intended it to be that way," Manzi said. "Our philosophy was to put together a quality equestrian/golf community right in the middle of Stono Ferry."
     Although surrounded by Stono Ferry property, the land on which IronWood is being built initially didn't fall under the subdivision's regime. It was also zoned for as many as 136 multi-family units. In essence, LandFall could have proposed a higher density project that might not have fit well with the rest of the subdivision.
     But LandFall didn't want that. So density was kept low and the townhomes were designed with a country/equestrian look, keeping with the theme of the subdivision. Stono Ferry is known for its equestrian trails and the Charleston Cup, a horse race held each November. "We voluntarily placed ourselves under the Stono Ferry architectural review board," Manzi said. "We're very pleased with the design." Stono Ferry has since made IronWood a part of its regime, which means IronWood residents will have access to Stono Ferry's pool, tennis courts, polo fields, riding trails and other amenities. IronWood, which will have a gated entry, will have a pool of its own as well a homeowner's association.
     The townhomes are available in one- and two-story designs with drive-under enclosed garages. Units range in size from 1,755 to 2,145 square feet. All come with three bedrooms and at least three baths.
     Three floorplans are available, including two that offer an elevator option. All plans include a covered front porch and screened back porch. The backs of every unit offer views of golf fairways and greens.
     Each unit comes with an extensive list of standard interior features, including three ceiling fans, a microwave oven, 9-foot ceilings on the main floor, and ceramic tile on the kitchen floor. All garages are extra large and come with electric door openers. There is an enclosed separate entry into the house from the garage level.
     "The garages are so big that people who move from a large home will still have plenty of storage space," Gillespie said.
     Besides elevators, other options include hardwood floors, Corian or granite countertops, and a fireplace. One plan offers an optional porch gazebo extension off the front porch.
     Because IronWood is a condo-style community, all exterior maintenance and landscaping will be handled by IronWood's homeowner's association. The monthly regime fee, which includes Stono Ferry's regime fee, will be $170, Manzi said.
     Gillespie said she expects IronWood will appeal to young professionals, near-retirees and retirees. She added that she doesn't expect the units will last long.
     "These townhomes offer all the advantages of country living in a gated community while being only minutes from the malls, the airport and downtown Charleston," she said. "People want to come to a place where they can get away from the traffic and experience golf the way it was meant to be experienced - from their backyard."
     Lang covers automotive and real estate news. Contact him at 937-5594 or at blang@postandcourier.com. NEIGHBORHOOD
     IronWood at Stono Ferry
    
     DEVELOPER
     LandFall LLC
    
     MARKETING AGENCY
     AgentOwned Realty, 902 Savannah Highway
    
     MORE INFO
     Sales office: 769-5100
     Office hours: Monday through Friday, 9 a.m.-6 p.m.; Saturday, 9 a.m.-5 p.m.; Sunday, 1-5 p.m.
    
     PRICE RANGE
     $199,900 to $244,900
    
     SQUARE FOOTAGE
     1,755 to 2,145
    
     STANDARD FEATURES
     Golf views
     2- or 3-car garage
     Electric garage door opener
     Ceramic tile floor in kitchen
     Screened porch
     Walk-in closets
     Microwave oven
    
     PROPERTY TAXES
     $1,297 a year on a $220,000 home
    
     AREA ATTRACTIONS
     Stono River, The Links at Stono Ferry golf course, Caw Caw Interpretive Center County Park, ACE Basin national wildlife refuge, horse-riding trails within Stono Ferry
    
     DISTANCE TO CHARLESTON
     About 15 miles to downtown area.
    
     SCHOOLS
     BLANEY ELEMENTARY
     Grades K-5; 889-3992; enrollment, 233; certified staff, 19; PACT results, 6.7 percent of fifth graders scored above basic on the English/language arts portion, 6.5 percent scored above basic on the math portion.
     R.D. SCHRODER MIDDLE
     Grades 6-8; 889-2391; enrollment, 412; certified staff, 26; PACT results, 6.6 percent of eighth graders scored above basic on the English/language arts portion, 4.9 percent scored above basic on the math portion.
     BAPTIST HILL HIGH
     Grades 9-12; 889-2276; enrollment, 498; certified staff, 32; SAT results, 351 verbal, 335 math. The 686 combined score is well below the state average (966) and national average (1,019).
    
     HOUSING TRENDS IN CENTRAL WEST ISLANDS AREA
     Area includes parts of Charleston County bounded by the Stono River, Bohicket Creek and the Kiawah River.
     Number of sales in fourth quarter of 2000: 19 (down from 23 in the fourth quarter of 1999).
     Average sales price in fourth quarter of 2000: $267,300 (up from $240,900 in fourth quarter of 1999).
     Median sales price in fourth quarter of 2000: $233,000 (up from $195,000 in the fourth quarter of 1999).