This large 3 bedroom 2 bath home sits on over 4.25 acres of land on a secluded road in Denham Springs. Home has an RV port and is across from a stocked pond. Along with three bedrooms, there is a separate area for a storage/craft room or could be used as a bonus room. Covered patio in the back would be great for chilly nights and cookouts with family. Call Tim at 225-301-7467 or visit buyorsellbatonrougehomes.com for more information!
Beautiful 4 bedroom home in one of Prairieville’s most desirable subdivisions. Jefferson Crossing is located conveniently off Hwy 73 which makes it close to schools, shopping, and much more. This two story home has plenty of room for a growing family. Large master suite down stairs and two bedrooms plus bonus room which could be used as the fourth bedroom upstairs. Large kitchen with granite counter tops, wet bar, and a large keeping room off to the side which overlooks the beautiful backyard. Wonderful subdivision for the family with the community pool with cabanas and a 3 acre common ground. Hurry and show this one before it sells. Call Tim at 225-301-7467 or visit buyorsellbatonrougehomes.com for more information!
One of a kind in desirable Moss Point Subdivision. The builder spared no expenses on this one.Open floor plan with 9,10,and 11′ ceilings throughout with two 3 ton a/c units with overlapping air-flow. 10′ island in kitchen and a rear porch with separate patio. All stainless steel appliance in the kitchen with 36′ gas cook top. Other amenities include enlarged bedrooms with crown molding, his and her reading lights in master, double vanity with picture framed mirrors and separate make-up cabinets, huge walk in closets, and all slab granite counter tops. Kitchen features cypress cabinets and wood floors throughout the whole home make it a breeze to clean. In addition to three large bedrooms there is an office with 8′ built in desk and upper cabinets. No other home is the subdivision will compare to this one so hurry and see this one. Call Tim at 225-301-7467 or visit buyorsellbatonrougehomes.com for more information!
Huge family home located in the heart of Prairieville in the desirable Quail Creek subdivision. Four large bedrooms upstairs with a family room, living, kitchen and formal dining downstairs. Wood floors throughout living/ kitchen area and carpet in bedrooms which make it easy for cleaning. Large 3 car garage would be perfect for parking plus plenty of room for storage. The back patio and view of the lake are the best parts of the house though. Stoned patio plus fireplace and covered gazebo make this home great for entertaining your friends and family. Call today because this one won’t last long. Call Tim at 225-301-7467 or visit buyorsellbatonrougehomes.com for more information!
This immaculate conditioned home sits on a large lot in a highly desirable area. Inside the home boasts very open spaces. Original 9″ oak tile hardwood floors, custom kitchen cabinets, fresh paint, gas range in kitchen, new fixtures throughout, and LOTS of windows looking out into the lushly landscaped yard. Sit outside on the LARGE front porch (55×11) and view magnolia trees, japanese blueberry tree, crepe myrtles to name a few. New fencing and landscaping that is irrigated and looks magnificent year round. Seller has AHS warranty in place. This one will not be around long! Call Tim at 225-301-7467 or visit buyorsellbatonrougehomes.com for more information!
From the Baton Rouge Business Report, Real Estate Weekly:
For a while, it seemed as if the real estate industry was rolling out an app a day, each and every one promising to “revolutionize the way homes are bought and sold,” as their news releases routinely and breathlessly promised. As The Los Angeles Times reports, the hyperbole has abated a bit, and the pace of introductions seems to have slowed proportionately, but there’s still plenty of app activity because consumers have come to expect information on demand about homes on the market. These days, house hunters routinely hit the streets armed with their smartphones, expecting to be able to stand in front of a house on Elm Street and learn everything from the listing price to the property taxes to the square footage in the powder room and more. So the apps are still coming. Click here for a complete overview of a half dozen new or updated apps—including Zillow Rentals, RentCafe, Revestor, House Hunter, HomeSnap and HomeFinder—that are gaining popularity.
This week’s poll question: Have you used a real estate–related app when searching for or selling a home?
From the Baton Rouge Business Report:
Hungry for more: While Galatoire’s new restaurant in the Acadian Village Shopping Center on Perkins Road is on target to open before the end of the year as planned, owner John Georges is looking seriously at expanding the venerable New Orleans institution into the Houston market. Georges tells Daily Report he has identified two potential sites in Houston’s posh River Oaks neighborhood and that he could open what would be Galatoire’s first out-of-state restaurant as soon as next year. Read the full story here.
Industrial giants: LED is working with five industrial prospects that are looking to build projects in Louisiana that are bigger than the Nucor Steel project in St. James Parish, which could be worth as much as $3.4 billion when all is said and done, according to LED Secretary Stephen Moret. Of the five, Moret says, “one, maybe two” could be built in the Capital Region. Those projects could be part of a sustained industrial building boom that might lead to 40,000 new industrial construction jobs in three to five years, he says. Daily Report has the full story here.
On the bright side of the road: Fremin Construction has preliminary plans for luxury townhomes at 3757 Brightside Lane that will be modeled on the company’s recent development, Chatsworth Court Condominiums, on South Kenilworth Parkway. The new development is planned for a vacant 2.5-acre tract of land on the south side of Brightside Lane, between the Riverbend subdivision and River Road, but closer to the levee than the adjacent neighborhood. Get more details in the full story here.
Tiger denizen: The 287-unit Tiger Manor apartment complex at State and July streets, not far from LSU’s North Gates, has been purchased by a group of investors led by Covington-based Stirling Properties. A sales price was not disclosed. The purchase brings the number of Baton Rouge apartment complexes owned by Stirling Communities I LLC to two, consisting of 367 apartments total. The firm also owns three Lafayette apartment complexes. Stirling Properties will serve as asset manager of Tiger Manor, while Des Moines, Iowa-based BH Management will serve as the primary property manager on-site.
From The Adovcate:
The Port of Greater Baton Rouge got the final signature Thursday from a family selling the port a 135-acre piece of property on the Gulf Intracoastal Waterway.
The port agreed to pay $3.1 million for the land, which bundled with previously purchased parcels will be used for future development, ending a long-running dispute over how much the parcel purchased Thursday was worth.
The purchase price of $23,000 per acre for the so-called Mahaffey property roughly split the difference between the $14,000-per-acre port appraisal for the property and the $30,000-per-acre price of the Mahaffey family’s appraisal.
In a letter to the port commission, Executive Director Jay Hardman said both appraisals were fair but used different criteria in valuing the land.
Previous reports on the dispute noted that the higher value was taking into account the surrounding land, which had been accumulated by the port during the last decade.
The port’s contention was that the Mahaffey tract needed to be valued according to what any other purchaser would pay for a piece of landlocked property.
The deal gives the port about 400 acres of developable land between its Inland Rivers Marine Terminal and the Gulf Intracoastal Waterway.
The total amount for all parcels together comes to about $6.4 million, or just under $16,000 per acre.
Hardman noted that’s a fair price for that much land, noting in the letter that its lease rates for undeveloped land is between $4,500 and $6,500 per acre.
In other business, the port’s board of commissioners approved $2.1 million in work to rehabilitate the rail spur at the marine terminal, $1 million of which would come from the U.S. Economic Development Administration.
The board also approved 4 percent raises for the 26 port employees, five of them unclassified.
Hardman, who was included in the raises, said staff hadn’t gotten a raise since 2009, though some got raises in 2010.
From the Baton Rouge Business Report, Real Estate Weekly:
Landmark deal: Columbus, Ohio-based hotel investment firm RockBridge Capital today announced Monday its acquisition of the 290-room Hilton Baton Rouge Capitol Center downtown, and says the property will undergo a $7.1 million renovation. Prism Hotels & Resorts, which took over management of the downtown property earlier this year, will continue to run the hotel in partnership with the new owner. It was acquired from Commercial Properties Realty Trust, the for-profit arm of the Baton Rouge Area Foundation, for an undisclosed price. Daily Report has the full story here.
Estate sale: Paula Pennington de la Bretonne’s estate at 11001 Highland Road will likely set a new benchmark for residential real estate sales in Baton Rouge when it officially goes on the market next week. According to local real estate sources, the asking price for the property, which includes a main house and multiple other structures, will exceed $20 million. De la Bretonne’s daughter, Shannon Smith, is handling the listing but would not confirm the asking price or discuss the specifics of the home, which was built at de la Bretonne’s behest in the early 2000s. Read the full story from Daily Report here.
Queuing up: Smokin Aces BBQ, which is planning an Oct. 1 opening at 2504 Government St., next to Garden District Nursery, will not be Memphis-style, or Kansas City-style, or Carolina-style, or Tennessee-style. Owner Brian Medlin says it will be a little bit of everything, with some home-style flavors thrown in. “Hopefully it will be called Louisiana-style barbecue,” says Medlin, who also owns All Star Catering and recently bought the former Sweets BBQ—and its old seasoned smoker with rotisserie (“the backbone of the place,” he says)—which will become Smokin Aces. Daily Report has all the details here.
From the Baton Rouge Business Report, Real Estate Weekly:
By the numbers: The percentage of Baton Rouge homes in foreclosure fell to 2.36% in May, according to a report from CoreLogic, down from 2.39% from the month previous and 2.47% in May 2011. The local mortgage delinquency rate—that is, the percentage of home loans three months past due or more—also fell in May to 5.39%. That’s down from 5.54% in April, and 5.59% a year ago. Daily Report has the full story here.
Game on: Pinnacle Entertainment plans to officially open the doors of its $368 million L’Auberge Casino & Hotel in Baton Rouge at 7 p.m. on Wednesday, Aug. 29. Pinnacle says the grand opening will “feature memorable entertainment, dining experiences and an unveiling ceremony capped off with a stunning fireworks display.” Details on entertainment specifics were not released but are expected as the opening date nears.
No finer place for sure: U.S.-based IT services firm Ameritas Technologies plans to open an “information technology center” in the Chase Tower South downtown. Ameritas says it will begin hiring in September, plans to open by October, and hopes to have 300 employees by 2016, with the jobs paying an average of $63,000 annually, plus benefits. The company was lured to Baton Rouge with an incentives package, the full details of which you can get from Daily Report here.
This week’s poll question: If you built a new house, would you include energy-efficient and maintenance-free amenities?