Sites for building in Mahomet abundant

Sites for building in Mahomet abundant

MAHOMET - If you're in the market to build a brand new home, and you want to live in Mahomet, developers are lining up plenty of choices.

Two new subdivisions, together expected to add more than 400 new home lots, are expected to be under construction in Mahomet this summer.

One of them, the 200-lot Thornewood subdivision, is planned for 250 acres along Illinois Route 47 at the north edge of Mahomet.

Its developers are promising a setting that's hard to find in flat, agricultural Champaign County - rolling hills and trees. ?It's not just a boring, flat, in-the-cornfield subdivision,? says Re/Max Realtor Russ Taylor, who with his brother, Nick Taylor, is developing Thornewood in partnership with Signature Homes, Armstrong Construction and Ironwood Homes.

Taylor said part of the Thornewood acreage is bordered by the Sangamon River and Lake of the Woods County Park, though none of the home lots are directly on the county park or river.

The developers are adding their own water and park amenities. Within the subdivision, 10 acres will be dedicated to the village for a new park, and two manmade lakes will be constructed, Taylor said.

Lot sales will begin soon, he said, with lot sizes ranging from a quarter-acre to 4 acres, and most lots expected to be a half-acre and 1 acre. Lot prices are running from $39,000 to $189,000.

Taylor said the new home market in Mahomet is very active, and Thornewood will fill a need not only in that community but for people throughout the county looking for bigger lots, a rolling terrain and trees. Both Thornewood and another new Mahomet subdivision called Conway Farm are in the midst of completing final plats, said Village Administrator Teri Legner.

Conway Farm, a project of veteran Bloomington developer Larry Bielfeldt, is on the south side of U.S. 150 just east of the Oak Creek Subdivision.

The 227-acre development will include 23 acres of commercial property and 9 acres of duplexes, and the rest will be used for single-family home lots of just under a half-acre each.

Bielfeldt plans to include a 14-acre lake and a 3- to 4-acre private park for subdivision residents, he said. Bielfeldt, who has been involved in the development of 35 subdivisions mostly in Bloomington, said this is his first venture into Mahomet, and he's looking for it to be a good home market.

Lot prices for single-family homes in Conway Farm will start in the $50,000 range, and go up from there. One lakefront lot he's already sold went for $171,000, Bielfeldt said. ?I've sold several lots already. I'm taking orders,? he added.

Legner said there are even more new options for home builders in the Mahomet area.

New lots are becoming available in the next phases of two existing subdivisions, The Lakes at River Bend and Country Ridge, and developers are in early phases of three other new subdivisions called Deer Hollow, Cobble Creek and Ridge Creek, she said.

Champaign Realtor Peggy Holdren, who is marketing Deer Hollow and Country Ridge lots, said there are 18 new lots being added in Country Ridge on the south side of Mahomet off Illinois 47.

The new Country Ridge lots are priced from about $39,000 to $59,000, with one already sold and three on hold, Holdren said.

Deer Hollow will feature 27 lots from about $43,000 to $67,500 on rolling terrain with trees on the village's north side, off Lake of the Woods Road, she said.

The village of Mahomet issued 64 new single-family home permits last year, nine fewer than the previous year, and issued 13 during the first quarter of this year, according to Village Clerk Cheryl Sproul.

With all the new lots opening up, Mahomet ?may see a real growth this year,? she said.

?Our growth depends on the timing of the developers.?

You can reach Debra Pressey at (217) 351-5229 or via e-mail at dpressey@news-gazette.com.

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