River’s Edge a cooperative residential development

Owned and operated by the lot owners

With a special package that includes lifetime golf and dining memberships to several of the areas finest clubs, Liberty Knoll lot owners will enjoy a variety of courses to play. Paying little or nothing toward their own membership fees, all of the common ground, the parks, the gardens, and the greens will be fully maintained at no added expense to the lot owners and utilities are free.

Secluded and private, but only minutes away from civilization, these home sites nestle naturally onto the side and the top of the stone bluffs, overlooking the James River.

Organic in material and design, the over-all concept of our development will be the highest compliment of natural architecture.

The streets will follow the natural contour and slope of the land, giving building structures balance and form with a loyal sense of belonging.

Landscaped with a sprawling park and jewel tone gardens, a walking trail winds around the park benches and cement ponds, down to the practice greens lining the river’s edge.                       

40 lots available for a gross profit of ……………………………………..$10,000,000

           Park Villas…1 through 24

                             Garden Villas…25 through 33

                                                 River Villas...34 through 40

Property purchase…………………………………………………………..$1,000,000

Two twenty-acre tracts 

Owned and operated by the lot owners association of the development, the unique looking store, with a great view of the practice greens, could lower or eliminate any membership costs with its annual profits.  Open to the public to increase profit, it is located close, but out of the development.

 Providing a convenience to the lot owners, the bar and grill doubles as a clubhouse, with a few pool tables and some cozy sitting areas that snuggle up to a massive stone fireplace. Well disguised, a treatment facility leaving a cleaner river, along with a maintenance building, will be located not far from the store. 

 Club and  store………………………………………………………….……....$300,000

Grocery…mini boat dock…playground…picnic area…bar and grill.. pool tables… video games gas…cigarettes…beer… food items… sundries…gifts

Self reliant and self sufficient, this community will lead the way environmentally using natural energy from the wind, the sun and the river, creating their own energy sources for the entire development.

 Infa-structure ……………………….….…………………………….………..$750,000

Permits… survey… site work & excavation

Sidewalks… curbs and streets… lighting,

Underground cable…water tower….treatment facilities … electric,

Propane or natural gas… waste treatment facilities.

A cement pond with clusters of lily pads is the center of attention at our park. A life-size, copper sculpture of ‘Geese coming in for a landing’ is actually a fountain. The natural landscaping of the park enhances nature’s own beauty.

Landscaping……………………………………………………………………..$550,000

Entrance… gardens and parks…playground… cabana…gazebo… picnic areas… bluffs and common ground

Exclusively designed by one of the nation’s leading golf course designer, Jerry Slack, our practice greens will be a challenging work out for any enthusiast.

Practice greens……………………………………………………………….….$750,000

cart path…. driving range… area golf course memberships

Marketing………………………………………………………………...……….$50,000

Signs….flags….advertising…publicity…printing

Design and planning……….…………………………………………………….$25,000

plus 3% of building costs

Lot sales commission……………………………………………..…………..…$200,000

Legal fees ……………………………………………………………………..…..$15,000

Accounting…insurance

Miscellaneous items…………………………………………………...………….$50,000

Cost to develop………………………………………………………………...$3,690,000

Plus 20% contracting fee (this fee includes exclusive building rights)…………...$738,000                                    

Speculative home building costs………………….…...………..……...……....$500,000

Total funding requested………………………………………………………..$4,928,000