Phase 2 Townhomes starting at $599,000

(1)

Phase 2 Townhomes starting at

$599,000

VILLAGEWESTEI.COM

(252) 646-3244

exclusively listed by

Amenities at Village West

2 & 3 Bedroom condos & townhomes Spacious open concept beach-side living

Brand new condos & townhomes with furniture packages Expanded outdoor living with multiple patios & decks Ocean views offered at a selection of properties Retail shops & dining right in your backyard Private community pool & lounge area

Boardwalk to lifeguarded beach access at your doorstep Seconds from the pristine beaches of Emerald Isle, NC Hands-off, low maintenance living

Assigned gated private parking

Professional, coastal landscaping included in HOA Centrally located in a golf cart accessible area Walk or bike to the heart of Emerald Isle in minutes Communal green space welcoming your pets

Modern Coastal Living

The sophisticated community Village West is located steps from the sand in theheart of the award-winning, family beach community Emerald Isle, North Carolina.

Village West

is the perfect combination of coastal living with all the modern luxuries. Village West offers both comfort and convenience with 28 modern condos and townhomes and 11 commercial suites just steps away from USA Today’s Voted Best North Carolina Beach.

(2)

Village West Estimated

Construction Timeline

Phase I Condos & Commercial Spaces Spring 2021

Phase II Townhomes Summer 2022

Phase III Townhomes Coming Soon!

townhome pricing

at Village West

Phase 2

Phase I

Phase 2 Townhome Pricing

12

13

14

17

18 Phase II

Phase II

Phase III

Louise Avenue

Islander Drive

15

16 All townhomes in Phase 2 have an optional elevator addition for

$20,000

Phase I

$619,000

PLAN A WITHOUT ELEVATOR

APPROX. 1967 SQFT

$599,000

PLAN B WITHOUT ELEVATOR

APPROX. 1901 SQFT

(3)

townhomes

townhomes at Village West starting at

$599,000

interior amenities

Open Concept Living Area Optional Elevator to all Levels

Garage space for your Golf Cart and additional storage options

Spacious Ground Level Recreational Room Additional Workout or Office Space Granite or Quartz Kitchen Counter tops Luxury Vinyl Plank Flooring

Stainless Steel Appliances

Solid Wood Shelving in Closets & Pantry Generous Closets and Storage

All Bedrooms on the same level Half Bath located on Main Living Level Third Full Bathroom on Ground Level Optional Interior Color Selections 10 Foot Ceilings & Crown Molding on Living/Kitchen Level

exterior amenities

Spacious Covered Decks & Patio Space 9 foot Sliding Doors Opening to the Outdoor Living Space from Livingroom Ocean views overlooking the Western Ocean Regional Access

Hardie Board Exterior Siding

Board & Batten Exterior Siding Details Low Maintenance Vinyl Handrails 5V10 Metal Roofing

Community Outdoor Pool & Bathhouse Community Grilling Area

Professional Landscaping Communal Open Green Space Boardwalk to Public Beach Access Shops and Dining at your doorstep Assigned Gated Private Parking

nearby area amenities

Pristine Beaches of Emerald Isle On-Street Golf Cart Parking Bike Path Access a block away Electric Vehicle Charging Station Municipal Pedestrian Path Emerald Isle Woods Park

(4)

COURTYARD VIEW

LOUISE AVENUE VIEW

Townhomes

Ground Level

Plan

Option

B

Plan

Option

_A

$619,000

APPROX. 1967 SQFT

$599,000

APPROX. 1901 SQFT

(5)

COURTYARD VIEW

LOUISE AVENUE VIEW

Townhomes

Level 2 Floorplans

Plan

Option

B

Plan

Option

_A

$619,000

APPROX. 1967 SQFT

$599,000

APPROX. 1901 SQFT

(6)

COURTYARD VIEW

LOUISE AVENUE VIEW

Townhomes

Level 3 Floorplans

Plan

Option

B

Additional Covered Porch directly off the Kitchen overlooking the Courtyard

Plan

Option

_A

Expanded Kitchen Area

$619,000

APPROX. 1967 SQFT

$599,000

APPROX. 1901 SQFT

(7)

community map

amenities at village west

2 & 3 Bedroom condos & 2 Bedroom townhomes Spacious open concept living

Brand new condos & townhomes

Expanded outdoor living with multiple patios & decks

Ocean views overlooking the Western Ocean Regional Access at a selection of properties

Retail shops & dining right in your backyard Private community pool & lounge area Assigned gated private parking

Boardwalk to lifeguarded beach access at your doorstep Seconds from the pristine beaches of Emerald Isle, NC Hands-off, low maintenance living

Professional coastal landscaping included in HOA Centrally located in a golf cart accessible area Walk or bike to the heart of Emerald Isle in minutes Communal green space welcoming your pets

projected front exterior

Phase II

Phase I

Phase III

townhome pricing

at Village West

Phase 2

All townhomes in Phase 2 have an optional elevator addition for

$20,000

$619,000

APPROX. 1967 SQFT

$599,000

APPROX. 1901 SQFT

(8)

optional upgrade

elevator addition

Give your townhome an added amenity by including an elevator in your new home! The optional elevator is accessible on all levels. This feature is perfect for ease and your potential rental income!

$20,000 optional additional

optional

(9)

Village West

design finishings

2 bedroom townhomes starting at

$599,000

(10)

What is Village West? Village West is a new mixed use community comprised of retail/commercial condos, residential condos and townhomes – all to be developed in three phases. Phase 1 is eleven retail/commercial and eleven residential condos with a completion date of Summer 2021. Phase 2 is comprised of seven townhomes with a completion date of June 2022. Phase 3 is planned with an addition ten townhomes with future development date to be determined. Village West will be a total of 28 residential units and 11 retail/commercial condos once development is completed.

Who are the developers of Village West? A-Team Village West, LLC is comprised of local businessmen Adrian Holler, Bill

Brown, Curtis Struyk and Samer Hamad. Previous successful projects include the Islander Hotel & Resort, Emerald Isle and the bask Hotel, Morehead City.

Who is involved with Village West?

Engineer: The Culliper Group, PA Architect: Coastal Architecture

Builder: Coastal Building & Streamline Developers Interior Design: Maxwell Decor and Design

Sales: Bluewater Real Estate (residential) & Hamad Realty (commercial)

Where is Village West located? Village West is located at the corner of Louise Avenue and Islander Drive near the Emerald

Isle Western Ocean Regional Access and the Islander Hotel & Resort.

What are the amenities? Private community swimming pool & lounging area & bath house, grilling station/area, private gated

parking, natural greenway landscaping, sidewalks and private septic system

Where can I view floor plans, pricing and availability? Go to VillageWestEI.com on your mobile device for the entire scoop. Can I rent my condo or townhome? Yes. There is no restriction on the length of rentals by owners of the residential units.

Bluewater Vacation Rentals has prepared a vacation rental management proposals if interested in knowing what your condo or townhome may rent for on a weekly or monthly basis.

Can I bring my pets? Yes, up to two cats or dogs (or one of each) are allowed per owner. .

Where can I park? Each owner is assigned two parking spaces per residential unit and one parking space per commercial unit

in the gated community parking area. Any vehicles, golf carts, boats, trailers or campers parked in such spaces must fit within the area as marked without encroaching into another’s parking space.

(11)

What about the HOA? The Master HOA will cover all the elements associated with the overall community (condos &

townhomes) while the condos (Phase 1) will be part of the Condo Owners’ Association HOA as well.

What are the HOA dues for Phase 1 and what do they cover? The dues are due semi-annually and are budgeted to be

$2424.48 (which equates to $404.08 on a monthly basis). This covers both the Master HOA and the Condo Owners’ Association. This covers: management fees, exterior maintenance of the condo buildings, exterior yard/landscaping

maintenance of the common areas, common area maintenance, trash receptacles/removal, recreational amenity maintenance (pool, bath house, grills), quarterly pest treatment, street/parking area lights, water, sewer, storm water management, basic cable, internet service, parking area maintenance, parking gate maintenance, liability insurance for the common areas.

What about condo insurance for Phase 1? Each residential condo unit (A-E & H-K) will be assessed an initial annual

insurance assessment of $1734.70 for hazard insurance which will cover wind and hail but not flood insurance. Unit F will pay $3254.37 and Unit G will pay $2938.37 for their initial annual insurance assessment. Owners will take responsibility for their own contents and

What are the HOA dues for Phase 2 (Townhomes) and what do they cover? The dues are due semi-annually and are

budgeted to be $160/month for the Townhome Supplement and $240/month for the Master HOA. There is also a $55/month cable assessment for every condo and townhome in the community. So if you are calculating a monthly expense (even though it is paid semi-annually) this totals $455/month. This covers: management fees, exterior maintenance of the Townhomes, exterior yard/landscaping maintenance of the common areas, common area maintenance, trash receptacles/removal, recreational amenity maintenance (pool, bath house, grills), quarterly pest treatment, street/parking area lights, water, sewer, storm water management, basic cable, internet service, parking area maintenance, parking gate maintenance, liability insurance for the common areas.

What about Phase 2 (Townhomes) insurance? Each townhome will be assessed an initial annual insurance assessment of

$1967 for hazard insurance which will cover wind & hail but not flood. Village West is located in a Flood Zone X and therefore, does not require flood insurance. Flood insurance is optional per owner. Owners will take responsibility for their own

contents and interior of their units through an HO6 policy. The first year of townhome insurance will be due at closing.

What are the other known expenses with owning at Village West? Carteret County and Emerald Isle property taxes are at

.485 per $100 of assessed value plus a $255 Solid Waste Fee for the 2020-2021 tax years. The electric power is supplied by Carteret Craven EMC.

(12)

Is there a plan for capital reserves? At closing, each residential condo unit owner & townhome owner will pay a capital

reserves amount equal to two months’ estimated owner’ dues.

What is the procedure for securing my Phase 2 Townhome?

A. Tour property, review plat/plans and select available unit, floor plan and color palette B. Review related legal documents

C. Enter into an Offer to Purchase Contract with 10% earnest money D. Wait for completion, go to Settlement and enjoy!

What is the Earnest Money Deposit required? The earnest money deposit required is 10% of the sales price. The earnest

money deposit is held by the developer’s escrow agent and is NON-REFUNDABLE. It will be credited towards the purchase price at Settlement.

Visit VillageWestEI.com for more details.

(13)

These Rules and Regulations apply to all owners, guests and visitors who occupy condos, townhomes and use common areas of the Village West property. These rules are to ensure residents enjoyment, ensure safety and avoid personal injury and preserve the community’s appearance. In general, all owners, guests and visitors must respect the rights, comforts and conveniences of their neighbors.

Balconies & Decks – Owners and guests must keep areas clean, neat and orderly at all times; remove items during a named

storm; and ensure no object blows or falls from such areas. Only outdoor furniture can be used on the balconies & decks and must be removed during a storm. Decorations (lights, wreaths, banners, etc.) on the outside porch or deck railings are not allowed. Prohibited items included wind chimes, storage of rafts, kayaks, etc., the hanging of towels, clothing or other items over balcony railings.

Clotheslines – Clotheslines are prohibited.

Fences – Fences of any kind are not allowed in the common areas around any condo or townhome patios, etc. Fireworks – The use of fireworks is prohibited.

Fuel Tanks – Fuel tanks and LP gas tanks shall be prohibited except for tanks connected to standard household gas grills

(where allowed on premises) except where approved by the HOA.

Golf Carts – Golf carts are allowed to park in one of the owner’s assigned parking spaces.

Grills – Grilling is prohibited on any decks and balconies. Owners and guests are encouraged to use the stationary grills near

the pool & bath house area provided by the community.

Parking – Each owner is assigned two parking spaces per residential unit and one parking space per commercial unit in the

gated community parking area. Any vehicles, boats, trailers or campers parked in such spaces shall fit within the area as marked without encroaching into another’s parking space.

Pets – Observe the local leash laws, clean up after one’s pets and respect others with control of excessive barking, etc.

(14)

Play Equipment – No hammocks or play equipment shall be constructed, erected or maintained upon any Lot unless the type

and location has been approved by the HOA. Any temporary play equipment or games used on the outside common areas such as corn hole boards, yard games, etc., must be removed promptly after use.

Pool – Observe Swimming Pool Rules as posted. Swimming and use of the pool facilities are at the sole risk of the user(s).

Only Village West owners, their guests, and their tenants may use these facilities. All swimmers must wear appropriate swimming attire and be free of apparent or known infectious conditions. Pool users must close opened umbrellas, clean up any food, trash, and toys, etc., before leaving the pool area. Radios and other sound emitting devices may only be used at low volume or with earphones. Pool hours must be observed. Children (14 years and under) must be accompanied and supervised by an adult at all times in the pool area. Children who are not potty trained must wear appropriate plastic pants/swim diapers under their swimsuits to enter the pool.

Quiet Time – To ensure tranquility at night, all owners, guests and visitors must observe quiet time from 11 PM to 7 AM. Smoking/Vaping – Smoking and/or vaping is not allowed in the outdoor common areas.

Trash & Recycling – All trash should be placed within the designated trash receptacles located within the community and shall

not be allowed to accumulate on patios, decks, balconies, etc.

Window AC & Window Treatments – Window AC units are not allowed. Window treatments must be white or off white as

seen from the exterior.