Four Acre Lake Condominiums

FREQUENTLY ASKED QUESTIONS


How many units will be built at Four Acre Lake?
90
What is the price range?
Starting from the low $170’s to the low $280’s.
What is a “Builder Incentive”?
This is a credit the builder gives to a buyer so they can save money on things such as home upgrades, the down  payment, and closing costs.
Are any of the “Builder Incentives” tied to a lender?
No
Who is the builder?
General Gerber Construction

How long will it take to build my home?
Approximately six to nine months. This is variable.
How long will it take for all the homes to be built?
The estimated completion of the remaining units is Spring 2008.
Is this in the City of Arvada or Unincorporated Jefferson County?
City of Arvada
Is there a Homeowners Association (HOA)?
Yes.
How much are the HOA dues?
$150.00 per month.
What does it cover? 
HOA dues include exterior maintenance, common area maintenance, building insurance, water, sewer, trash removal, and snow removal.Where can I go to see an actual home?
ON-SITE: Currently, the available finished models are Ralston, Sloan, Leyden, Berkeley, and Rocky Mountain.
How can I see what the other models look like?
Please see sales center for personal tour of unfinished homes. Models under construction can be viewed with staff only.
How do I reserve a unit?
Talk to our New Home Specialist about a Lot Reservation.
How much earnest money is required to go under contract?
$1,500
Do you have a preferred lender?
Yes, we work with Mike O’Brien at Cherry Creek Mortgage. They offer a strong variety of loan programs for all buyers.
What are the standard appliance colors?
White, bisque, and black are the standard colors for appliances.  Stainless steel is available as an upgrade.

History of lake at Four Acre Lake : The lake is 4/10 of a mile around. It is a man-made lake and it was used as a rock quarry during construction of I-70 in the 1960’s.

 

Interesting fact: An acre is 43,560 sq. ft.

 

 

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