Suncadia Ends First Half of the Year With More Than $30 Million in Real Estate Sales

Washington State's All-Season Resort Community Continues to Be at the Forefront of the Second Home Market in the Pacific Northwest

Marketwired

ROSLYN, WA--(Marketwired - June 25, 2014) - Suncadia, Washington state's year-round mountain resort community located 80 miles east of Seattle, has ended the first half of 2014 with its best real estate year since 2008.

Since January 2014, Suncadia had 99 real estate transactions, producing approximately $30 million in sales for homes, homesites and condominiums ranging in price from $80,000 to $2 million. This is about a 30 percent increase in sales from this time last year. Since properties became available in 2003, more than 1,420 home sites, custom homes and condominiums have been purchased, with 155 of those sales taking place in 2013. Fifty-eight custom home construction started in 2013 with another 70 projected for 2014. Suncadia's median home price is $775,000, compared to the King County's median price of approximately $420,000 for a single-family home.

"Our sales numbers show us that buyers are looking for a setting like Suncadia where they can experience a unique Pacific Northwest mountain escape with their loved ones in the comfort of their own home," said Richard Seay, vice president, director of sales and marketing for Suncadia. "With Suncadia being a little over an hour away, our owners tend to use their vacation home a couple of times per month. That, along with our community setting, allows our owners to get away and just relax, reconnect and have fun. It's a lifestyle that we're selling here at Suncadia."

Nine distinct Suncadia neighborhoods offer a variety of styles -- Suncadia for a resort village experience near The Lodge, Rope Rider, Prospector, Black Nugget, Trailhead and Prospector's Reach communities; Nelson Preserve for dramatic views and easy access to the river; and Tumble Creek, including The Cabins at Tumble Creek, for a private retreat on estate homesites.

Suncadia offers homeowners a variety of amenities including Prospector and Rope Rider award winning resort golf courses, Portals Restaurant, the Suncadia Club Swim & Fitness Center and Glade Spring Spa. Suncadia is the only resort of its kind to feature a winery within its boundaries, Swiftwater Cellars, which crushes grapes on-site and makes premium Swiftwater Cellars' wines. In addition, Tumble Creek Club members have access to the private Tom Doak designed golf course, glamorous camping of Sasse Mountain outpost, and their own private Hill House Swim & Fitness Center.

Seasonal activities and events at the property include the Suncadia Summer Nights in the Village Outdoor Concerts Series, Cycling Festival, and annual Swiftwater Classic golf tournament, Harvest Festival and Winterfest, outdoor concerts at Swiftwater Cellars, miles of hiking and biking trails, winter ice skating and tubing hill, guided fly fishing tours, paddle board rentals and much more. For more information about real estate opportunities at Suncadia, please visit www.suncadia.com, email discover@suncadia.com or call Suncadia's Real Estate Sales Center at 1-800-667-1828. 

About Suncadia 
Suncadia has quickly become a recreational playground for Seattleites and travelers across the Pacific Northwest. Located 80 miles east of Seattle in the Cascade Mountains, Suncadia is a world away from the hustle and bustle of the city, offering a unique combination of activities and amenities that make it an ideal Northwest getaway and resort residential community. Suncadia Resort received the 2013 AAA Four Diamond Award, the fourth time the resort has received this award since its opening in 2007.

Suncadia is set on six miles of pristine Cle Elum River frontage, with 80 percent of the resort community designated as open space. It features over 50 miles of hiking and biking trails and is a certified Built Green Community. Its three golf courses -- Prospector and Rope Rider Golf Courses and the private Tumble Creek Golf Course -- were ranked among the top '10 Best New Courses in America' in 2006 and 2011 by Golf Digest. Rope Rider, was named 2011 Best New Course of the Year by Golf Magazine.

Amenities at Suncadia Resort include Portals restaurant, two bars, the Suncadia Swim & Fitness Center, a skating rink and outdoor amphitheater, and the LEED Silver-Certified Glade Spring Spa. Ownership opportunities throughout the resort vary from condominiums to cabin-style homes to open lots for custom homes throughout nine individual neighborhoods. Suncadia Resort is operated by Destination Hotels & Resorts, a subsidiary of Lowe Enterprises, Inc. For more information about Suncadia, please visit www.suncadia.com

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Kimberly French
Abby Espiritu
Richmond Public Relations
(206) 682-6979
kimberlyf@richmondpr.com
abigaile@richmondpr.com 
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