GRACE HILL INTRODUCTION

June 2008

Grace Hill, is a community in the heart of historic Lancaster County, Virginia. This classically designed village-type community will provide homeowners with convenient care-free living, similar to condominium services, and the privacy and peacefulness of single-family living-truly the best of both worlds. 
    

LOCATION:
Grace Hill, a 42.997 (+/-) acre site, situated up on the hill near the intersection of Route 3 and Harris Road is within limits of the town of Kilmarnock. The first phase includes sixty six single-family lots configured in a village-type setting which allows for approximately 40% of the site to remain open, wooded space. The developer, Grace Hill Development, LLC, has 40 acres (under option) adjacent to the subject site and, in the future, contemplates developing an additional 52 lots. The proposed amenity package, a small community garden house and swimming pool, would be shared by an homeowners.  
 

MODELS:
Grace Hill Development's four traditionally-designed models, which complement each other, will include master suites, gourmet kitchens and well conceived open-spaces on first floors and two bedrooms and storage on second floors. Options will include; private backyard garden patios, free-standing double car garages, brick veneers and much more. The models, including the home-site, will initially be priced in the high $300's. See attached model floor plan dimensions.  
 

BUYER PROFILE:
Residents now living in the Northern Neck region represent prospective residents of Grace Hill. They're baby-boomers or older, many with waterfront residences, who want to gracefully down­size to smaller, new housing with care-free, maintenance-provided services, located close to shopping, golf courses, marinas and restaurants. We also hope to attract younger households with children. 
 

REAL ESTATE BROKERS:
Contact our co-listing Brokers; Lawler Real Estate (804) 435-1000 and Select Properties of Virginia(804) 438-5339 to learn more about Grace Hill.
 

CONTRACT SALES:
Our two prospective featured builders, MountCastle Homes and McMahon Homes, will submit new model plans to the architectural review committee for approval thereby diversifying the housing selection at Grace Hill. Home-buyers will select one of our featured builders, a home-site and model and enter into a building contract directly with a selected builder. A 5% commission on the contract price will be paid by the builder to real estate brokers. 
 

MAINTENANCE AND AMENITY PROGRAM:
Through a homeowners association, all of the homeowners will participate in a comprehensive trash removal and a landscape maintenance program including grass-cutting, fertilizing, mulching, leaf and snow removal and have access to the proposed community garden house and swimming pool. Lee Property Management has been contracted to ensure the community is professionally managed and maintained. 

PREFERED LENDER:
Please contact our prefered lender, Chesapeake Bank, for
financing, 804-435-1181. 
Member of FDIC. 
Equal Housing Opportunity.
Equal Housing Lender.
 

QUALITY COMMUNITY:
Grace Hill promises to a beautiful, traditional community with quality residences which complement the historic nature of the Northern Neck. We believe Grace Hill will set a precedent for quality development and make a valuable contribution to surrounding communities.