Buyers aren't subject to covenants or annual dues at The Shadows

Saturday, August 3, 2002

BY BOB LANG
Of The Post and Courier Staff


     Buy a new house these days and more than likely you'll be obligated to a long list of neighborhood covenants and restrictions as well as an annual homeowner's fee.
     But if you're one who doesn't like the idea of being told what to do with your house or of paying fees to maintain a pool that you'll never use, perhaps you should consider The Shadows, a new neighborhood in the Ponderosa subdivision west of the Ashley.
     Conceived and built by Charleston-area developers and contractors, The Shadows is a small, quiet community that lacks the fanfare of neighborhoods built by large regional or national builders. There's no big entrance. No furnished model. No amenity center.
     The houses are simple and relatively small, but they look similar to starter homes by larger builders. Lots come with more mature trees than in most other new neighborhoods, and some lots back up to woods that will stay that way.
     When you buy in The Shadows, nobody makes you sign anything that says you can't park your boat in your driveway or that you can't leave your garage door open on a Saturday afternoon. And nobody will ever send you a bill to collect a neighborhood homeowner's fee.
     "Of course we don't want to see cars on blocks or anything like that, but people don't have to worry about restrictions or fees," said David Postell of Postell Construction Co. Inc., one of two builders in the neighborhood. The other is Ed Ravenel & Sons.
     "We're just building nice, affordable starter homes that you can't find in West Ashley in this price range," Postell said.
     Homes range in size from about 1,200 to 1,400 square feet and in price from $127,000 to $140,000.
     A total of 20 homes are in the first phase, all fronting the same street. A number of families have moved in, while 11 homes are under construction. Construction on a second phase of 20 homes is scheduled to begin later this year.
     Buyers can choose a house in inventory or wait to have a particular house built in the second phase. About a dozen floor plans are offered, including one- and two-story elevations.
     All homes come with vinyl siding and at least a one-car garage. Front yards come sodded and landscaped.
     Most floor plans are open. Typical interior features include tile or hardwood flooring in the foyer, gas fireplace, tray ceiling in the master bedroom, white kitchen cabinets and walk-in closets. In some homes under construction, buyers can choose carpeting and interior paint colors.
     Ed Ravenel said The Shadows is already proving to be a good investment for buyers.
     "We've been building for about a year now, and our appraisals are already up $10,000-$12,000," Ravenel said. "If I was a young man looking for my first house, I'd certainly consider buying here."
     Besides price and investment potential, Ravenel and Postell said location is the biggest selling point in The Shadows.
     The neighborhood, located south of Citadel Mall off U.S. Highway 17, is close to shopping and restaurants as well as a public boat landing and golf course. A public playground is situated within the community.
     The older parts of the Ponderosa subdivision were developed in the mid-1960s. Most of the street names were inspired by the classic western television show, "Bonanza," and include Little Joe Lane, Chuckwagon Road and Corral Drive, among others.
     The best way to get to get to The Shadows from downtown Charleston is to take U.S. Highway 17 south toward Savannah. After passing First Assembly of God church on your left, go about a mile and turn right at the unmarked exit with a turning lane (you'll see a large oak tree there). That is Bonanza Road and the main entrance to Ponderosa.
     You can either make a hard right turn onto the frontage road (Marginal Road) or stay on Bonanza Road to get to Ponderosa Road. Either way, turn left onto Ponderosa Road to get to The Shadows. An open house will be 10 a.m.-2 p.m. today and 2-5 p.m. Sunday.
    

     Bob Lang covers real estate and automotive news. Contact him at blang@postandcourier.com or (843) 937-5594.

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