CEDAR LAKE | Plans have changed for the latest phase of Monastery Woods in a developers quest to attract more buyers.
The Monastery Woods Development Co. had planned to build 66 new townhouses in Monastery South. But the company has re-thought its plans and is now proposing 48 patio home units, Richard Anderson, of McFarland Homes, told the Cedar Lake Plan Commission at a study session earlier this month.
The original plans for Monastery were approved in 2008. Since the townhouse phase would have to be replatted and moved through the development process, Anderson said he came before the commissioners as a preliminary step.
The company has decided that one-level patio homes would be a more popular choice among potential buyers, he said. Aging baby-boomers prefer homes without stairs and with amenities that still allow them a small yard and enough space, Anderson said.
Monastery’s original townhome plan was for 1,700 square feet per unit. The patio homes could be anywhere from 1,400 to 1,800 square feet. The units also come with garages.
The homes will be single, unconnected units, Anderson added. Prices are estimated at between $185,000 and $220,000 per unit. The patio homes will be part of the Monastery association and thus will be maintenance-free. In order to build them, McFarland will require a zoning change.
The patio home phase will include a walking path offering access to the Cedar Lake branch of the Lake County library.
“I believe you’ll get (a boost in sales) if you get the path done early,” Commissioner John Foreman said.