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Wilderness Mountain


Quillback

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Somebody bulldozed the hillside by Emerald Point in Clevenger Cove.   My real estate agent said the big interest now is building the 5-6-7 bedroom or more lodges for rental.  Crazy!  I wouldn't want to be the one holding the bag if the bubble in that market pops....

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18 minutes ago, snagged in outlet 3 said:

Somebody bulldozed the hillside by Emerald Point in Clevenger Cove.   My real estate agent said the big interest now is building the 5-6-7 bedroom or more lodges for rental.  Crazy!  I wouldn't want to be the one holding the bag if the bubble in that market pops....

It does seem hard to believe there would be much demand for renting these lodges.  

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The demand exists in the right locations. This would be spec as to location and market survival. Note, the person that buys after the bubble burst will have a better bet.

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5 hours ago, Quillback said:

Just on the other side of the bridge from Kimberling City.  They've cleared the trees off, looks like a great view from the top.  Not for me, I bet it will take some major coin to buy in.

WILDERNESS MOUNTAIN - Home (wildernessmountaintablerocklake.com)

Not for me either. Smallest floor plan offered was 5 bedrooms - no way am I doing anything like that!!

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Most of those are called “reunion houses”. It appears there is a market for large home rentals so the whole family can stay in one home. Some of the developers are building them and selling them to investors. The developer will then manage the nightly rental. Happening all over Table Rock area. 
 

Mike

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On 7/5/2022 at 4:50 PM, rps said:

The demand exists in the right locations. This would be spec as to location and market survival. Note, the person that buys after the bubble burst will have a better bet.

I used to work with a lot of developers both successful and not so hot in the Branson/Table Rock area.  
One of the successful guys that bought built and sold a lot of houses and lots both ready to build on and raw land had his theory.  Be the third man in.

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On 7/5/2022 at 6:42 PM, m&m said:

Most of those are called “reunion houses”. It appears there is a market for large home rentals so the whole family can stay in one home. Some of the developers are building them and selling them to investors. The developer will then manage the nightly rental. Happening all over Table Rock area. 
 

Mike

Florida and most of the Gulf Coast same way.

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