Under Construction: Bungalows in Ooltewah target people 55 and older

Under Construction: Bungalows in Ooltewah target people 55 and older

January 27th, 2013 by Shelly Bradbury in Business Diary

Work continues on new bungalow in Collegedale's Greenbriar Cove subdivision.

Photo by Dan Henry/Times Free Press.

Photo by Laura McNutt/Times Free Press.

Project: Bungalows at Greenbriar Cove

Owner/contractor: B.R. Smith

Location: 9165 Leyland Drive

Scope: Nine three-bedroom, three-bathroom, bungalow-style homes for people 55 and older. Each home is 2,300 square feet and more narrow than a typical house.

Price per home: $315,000

How many have sold: Two; seven are available

Home features: Gas fireplace on screened patio; 8-foot tall doors; double-car garage with reinforced storm-safe room equipped with electrical outlets; irrigation and landscaping services; optional free-standing stone fireplace in backyard; large front porch

Future: "They don't call it a retirement community, but that's really what it is," Gail Hunter, an agent with Remax Properties, said. "These are people who have raised their kids and retired. They've worked hard all their lives, were successful. They're not wanting a 4,000-square-foot home -- but they don't want to lose big-house amenities. What we did was create a very elegant feel with built-in bookcases and a great trim package."

History: "This is the final phase," Hunter explained. "There're probably only 30 lots left of a 200-lot build out. It's kind of the last shot for this. We're winding down."