Cook Bros. Homes announced another new community today that will contribute more than $15 million to the local economy. The development, The Grove at Chatuga Coves, is Cook Bros. Homes’ second Epcon Community announced this summer and is a testimony to the resilience of the East Tennessee new home market.
The Grove at Chatuga Coves will have 34 homes with private courtyards and multiple amenities. The community is located on the Tennessee River near downtown Loudon just minutes from Lenoir City and many marinas. It also features a pavilion, Bocce Ball court, walking trails, and all of the Tellico Village amenities. Cook Bros. Homes plans to start building this summer and will start pre-selling homesites and homes on Thursday, July 30. The first homes are scheduled for completion by the end of this year.
Offering three exclusive Epcon home plans, each home is designed and built to connect to the outdoors and the community. Home buyers will be able to create a home that truly speaks to them. Starting at 1,519 square feet and going up to 2,769, these “smart floor plans” boast a variety of structural and finish options.
“The Grove at Chatuga Coves will feature single-story homes on large lots with many lots offering beautiful sprawling views,” said Ashley Cook, Director of Sales at Cook Bros. Homes. “In this community, all of the lawn maintenance will be provided so homeowners can spend their time enjoying the awesome amenities the community has to offer.”
“It’s really targeted to people who want a luxury ranch home, a low-maintenance lifestyle, and a strong sense of community,” said Bri Zigler Clabo, Chief Operating Officer at Cook Bros. Homes. “We believe there are more important things to do than mowing grass or trimming hedges. The Grove at Chatuga Coves will provide homeowners with the headache-free, comfort-rich living experiences they’ve been searching for – with the added benefit of low Loudon County taxes.”
The National Association of Home Builders (NAHB) reports that the COVID-19 pandemic has hastened a trend that was already happening in America – increased residential development in smaller and mid-size cities like those in East Tennessee. “We expect the virus could affect future housing preferences for those currently living in the hardest-hit, high density environments and that housing demand will continue to rapidly increase in medium- and low-density communities,” said NAHB Chairman Dean Mon.
Cook Bros. Homes has specialized in building semi-custom homes for retirees and empty-nesters since 2004. Cook Bros. Homes announced its first Epcon community in East Tennessee just last month and – when combined with The Grove at Chatuga Hills – represents a $40 million investment in the Loudon community. The Grove at Cedar Hills, has 67 homesites that started selling in June.
The Grove at Chatuga Coves is located in Loudon, Tenn. on the Tennessee River just off the Tellico Parkway. For more information or to attend the pre-sale event on July 30, visit www.CookBrosHomes.com or EpconFranchising.com or call (865) 325-2500.
About Cook Bros. Homes
Cook Bros. Homes was founded in 2004 by brothers John and Ralph Cook. Cook Bros. Homes specializes in luxury semi-custom homes for retirees and empty-nesters. The company continues to grow in number of projects, revenue, recognition, and capabilities. Cook Bros. stays at the forefront of the industry by providing the best quality homes in the region, having the most experienced team members, and investing in new ways to better serve its cherished homeowners. The company is most proud to have created a company that lives up to its motto everyday – Quality Craftsmanship Without Compromise.
Headquartered in Dublin, Ohio, Epcon is one of the top lifestyle-rich home developers in the country. As a top US builder (Builder Magazine, May 2019), Epcon has integrated smart, innovative designs with the most desirable modern amenities for more than 30 years. Today, more than 30,000 families and individuals call an Epcon community “home.”