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American Land Holdings Announces New Lake Murray Waterfront Community in Saluda County, SC

April 24, 2019

CHARLOTTESVILLE, Va.--(BUSINESS WIRE)--Apr 24, 2019--American Land Holdings (ALH), a leading wholesale recreational waterfront development company based out of Charlottesville, VA, is pleased to announce the acquisition and development of 125 acres of Lake Murray waterfront property in Saluda County, SC. Palmetto Pointe, the approved 120 lake lot community, provides approximately 2 miles of pristine waterfront shoreline and 70 approved docks, permitted by Dominion Energy (formerly SCE&G).

The Palmetto Pointe real estate development plan as presented to Saluda County is a private amenities-based waterfront community. “Palmetto Pointe will be the first new substantial recreational waterfront development on Lake Murray in over a decade. ALH will supply new home inventory on Lake Murray with a full-service waterfront development for both primary residential customers, as well as second home recreational customers. We look forward to offering this new community to the public this fall of 2019,” said Dean Sinatra, Principal at American Land Holdings.

Encompassing 50,000 acres across four counties in central South Carolina, Lake Murray is a very popular, recreational destination. Sinatra anticipates a quick sell out based on high demand for Lake Murray property. Sinatra further commented, “Our mission is to provide our customers with high quality waterfront communities that are highly unique, situated in a great location, and provide great value for our customers. The Palmetto Pointe property on Lake Murray exceeds all of our expectations. We’re very appreciative of Saluda County’s support and excited to work alongside Saluda County in our continued investment in its economic growth plan going forward.”

“We’re definitely excited about it,” said Derrick Jones, council chairman for Saluda County. “Lake Murray is the jewel of Saluda County. It’s a great recreational lake, and the property along it is a quiet, relaxing place to live. We look forward to welcoming our new neighbors in the county.”

Given the high demand, American Land Holdings will offer pre-sale reservations for this special property prior to the fall 2019 pre-construction grand opening. Those interested are encouraged to visit www.thepalmettopointe.com /pr for details as the project progresses.

About American Land Holdings

Headquartered in Charlottesville, VA, American Land Holdings is a leading wholesale recreational waterfront developer specializing in acquiring waterfront land and developing high quality recreational properties throughout the Southeast.

For more information about American Land Holdings, please call (888) 857-4897.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190424005572/en/

CONTACT: Donald Flowers

donald@amlandhold.com

(888) 857-4897

KEYWORD: UNITED STATES NORTH AMERICA SOUTH CAROLINA

INDUSTRY KEYWORD: URBAN PLANNING CONSTRUCTION & PROPERTY RESIDENTIAL BUILDING & REAL ESTATE

SOURCE: American Land Holdings

Copyright Business Wire 2019.

PUB: 04/24/2019 08:38 AM/DISC: 04/24/2019 08:38 AM

http://www.businesswire.com/news/home/20190424005572/en

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