Carillon Club in Naperville price reductions create great opportunity for active adults

Cambridge Homes has significantly reduced the base price of every home at Carillon Club in Naperville to help offset the sluggish resale market.

Active adult buyers now have the benefit of saving $70,000 to $90,000 on base prices of the single-family homes, $60,000 to $72,000 on the townhouses and $35,000 on the line of condominiums featured in the community.

"We have made considerable across the board price reductions at Carillon Club for buyers to overcome concerns about selling their current homes," said Paul F. Ivers, president of Cambridge Homes.

"We have found a number of buyers are waiting until the resale market improves before they buy new. We are taking the initiative with the lowered prices so people do not have to wait any longer for the resale market to improve.

"It's always better to buy a new home in a buyer's market because as the market gets stronger, both resale and new home prices will increase. This means by purchasing a new home in Carillon Club, especially with the reduced prices, buyers have the benefit of appreciation on their side. Moreover, the gains in purchasing a new home now in Carillon Club should more than offset any potential gains in selling current homes at potentially higher prices in the future," Ivers said.

According to Ivers, there's no guarantee how long the price cuts will last at Carillon Club. "We're evaluating this week by week, and the prices will certainly go back up when the market conditions improve, if not sooner. This is the day buyers have been waiting for," he said.

Carillon Club in Naperville is a resort style active adult community for those at least 55 years young. The community will feature 906 main-level homes among five series when complete.

Because of its enviable Naperville location, abutting the White Eagle Club, Carillon Club is designed as Cambridge's most luxurious active adult resort community ever, both in terms of the homes and resort amenities.

The resort amenities are highlighted by the new 18,750-square-foot clubhouse, which features separate indoor and outdoor pools, two craft rooms and a card room, two large meeting rooms and a gathering room with coffee bar, separate weight and cardiovascular exercise rooms with top of the line equipment, an area for aerobics and other exercise classes, an oversized billiards and men's club area, a computer and library room, a food preparation area with warming cabinets, microwave and refrigeration, men's and women's locker rooms and separate restrooms, a sunroom and porch, as well as a welcoming vestibule with adjoining lobby.

In addition to the completed clubhouse, Carillon Club features tennis and bocce ball courts, horseshoes and an extensive walking path. A private executive three-hole golf course will be opening in the community later this summer and the community also will feature a community garden and a family recreation center with a shallow depth pool and fully equipped playground for residents to entertain visiting grandchildren.

The community features 59 acres of open space including ponds and natural conservation areas. For added peace of mind, Carillon Club in Naperville features a gated entry with a 24-hour manned guardhouse, with roving patrols nightly.

A total of eight different single-family designs are available among two home series. The Resort series includes three ranch-style designs and a two-story version with a main-level master bedroom suite. They range from 1,760 to 2,322 square feet with two to three bedrooms with up to four bedrooms available per plan, two to 2½ baths, two-car attached garages with available three-car garage options and partial basements. The Resort series was priced from $375,000 to $407,000 but is now priced from $297,000 to $329,000 for a savings of $78,000.

The Gallery series features four ranch-style single-family homes ranging from 2,054 to 2,576 square feet featuring two to three bedrooms with up to four bedrooms available per plan, two to 2½ baths, two-car attached garages and basements. The Gallery series was priced from $448,000 to $472,000 but is now priced from $358,000 to $382,000 for a savings of $90,000.

Additionally, buyers can choose from seven different town home designs. The Champion series features three ranch plans ranging from 1,370 to 1,707 square feet of living space with one to two bedrooms with up to three bedrooms available per plan, two baths, two-car attached garages and optional basements. The Champion series was priced from $283,500 to $323,500 but is now priced from $223,500 to $263,500 for a savings of $60,000.

Ranging from 1,491 to 2,608 square feet, the upscale Holiday series features two single-level designs, as well as two, two-story cape style plans with main-level master bedroom suites. The single-level plans include two bedrooms and two baths and the two-story plans include three bedrooms and 2½ baths. All four home designs include two-car rear load garages and full basements. Three-car garages are available per plan. The Holiday series was priced from $329,500 to $397,500 but is now priced from $257,500 to $325,500 for a savings of $72,000.

The Alpine series features five single-level condominium plans that range from 994 to 1,370 square feet with one to two bedrooms and one to two baths. The Alpine series will be built in three-story buildings over parking garages with 29 homes per building. A total of 44 indoor parking spaces will be provided per building with one spot included per residence. Additional parking will be provided in parking lots. The Alpine series was priced from $221,000 to $255,000 but is now priced from $186,000 to $220,000 for a savings of $35,000.

All homes include unique architectural detailing with brick and stone to create rich exterior appearances. Additionally, every home provides maintenance free living and will be Energy Star certified to achieve 50 percent energy savings for heating and cooling over the 2004 International Energy Conservation Code. A total of 10 professionally appointed model homes are open for viewing.

To visit the Carillon Club in Naperville, take Interstate 88 to Route 59 south approximately six miles to 95th Street, then right (west) one mile to the entrance on the right and follow signs to the sales center. Daily office hours are from 10 a. m. to 6 p. m., noon to 6 p.m. Fridays. Call (847) 984-4857 for more information. CAMBRIDGE HOMES