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New Luxury Golf Villas

02 Apr 2015 11:54 AM | Deleted user

By CLAYTON PARK and BOB KOSLOW

clayton.park@news-jrnl.com bob.koslow@news-jrnl.com

ORMOND BEACH - Local builders Scott Vanacore and his brother Todd are set to begin development of a 160-home "golf villa" subdivision here that will consist of what they describe as luxury duplexes.

The planned 20-acre Scottsmoor development will be in the section P area of Ormond Beach's Halifax Plantation community, off of the 278 exit of Interstate 95.

The brothers, who own Ormond Beach-based Vanacore Homes, decided to develop the luxury duplexes because of the success they've had in developing their 75-home Tramore atHalifax Plantation subdivision, which is nearly sold out and built after just two years, Scott Vanacore said.

"We've been very successful selling those homes," he said, adding that 70 percent of the buyers at Tramore have been locals. "Our plan at Scottsmoor is to take a similar product and just glue two of them together," he said.

The first of the duplex units at Scottsmoor should be ready for occupancy later this year, Vanacore said. Site work is scheduled to begin this week. Construction of the subdivision's model home/sales center could start in three to four months.

"Halifax Plantation has a variety of product types. Todd andScott are smart guys and have probably done their homework on the demographics," said local observer Skip Stamper, a real estate broker who owns Halifax Area Properties in Ormond Beach. "Baby boomers are still retiring here and some snowbirds like the idea of locking and leaving and not having to worry about living in a condo. They are able to have privacy in a home and with a garage. I expect (Scottsmoor) to do well." The Vanacores, under the name Scottsmoor Investors LLC, are paying $1.5 million to Halifax Plantation Inc. for the land along Acoma Drive that will become the site of their planned subdivision. Development will be in two phases.

Vanacore said the entire project is expected to cost $4.2 million to develop including land costs. He said he and his brother plan to spend the next four to five months on infrastructure improvements.

Duplex units will be available for purchase starting in the high $180,000s and will include luxury features such as "handscraped wood flooring, 42-inch wooden cabinets and granite countertops," Vanacore said. The homes will have two-car garages and will either back up to a pond or the golf course.

Scottsmoor will include an amenities center where residents can play pickleball, shuffleboard or bocce ball, he said.

Brothers Scott, left, and Todd Vanacore plan to bring in heavy equipment this week to start developing Scottsmoor, a 160-unit luxury duplex subdivision in the master-planned Halifax Plantation community in Ormond Beach.


News-Journal/ BOB KOSLOW

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http://daytonanewsjournal.fl.newsmemory.com/publink.php?shareid=1710bd61b


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