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Pelican Pub & Brewery
Inn at Cape Kiwanda
Shorepine Village
As of 7/21/2008
Lot # Sq/Ft Price Lot # Sq/Ft Price
2 11,380 $550,000 44 6,610 $425,000
6 7,730 $479,000 45 6,508 $475,000
8 6,820 $349,900 46 6,488 $475,000
9 7,075 $299,900 47 6,460 $500,000
10 5,925 $299,900 48 5,995 $525,000
12 6,638 $199,900 T 49 5,880 SOLD
17 8,619 $479,000 T 50 5,899 $425,000
20 6,596 $399,900 T 51 6,056 $425,000
22 7,741 $329,900 T 52 6,477 $425,000
24 6,619 $382,000 T 53 13,495 $475,000
25 8,800 $379,000 T 54 12,074 $525,000
26 5,963 $327.500 T 55 9,478 $450,000
30 5,660 $399,000 T 56 7,767 $400,000
T 33 4,978 $350,000 T 57 3,754 $300,000
T 34 4,491 $325,000 T 58 4,224 $325,000
T 35 4,516 $300,000 T 59 4,639 $375,000
T 36 3,744 $275,000 T 60 4,389 $375,000
T 37 3,704 $300,000 T 61 7,938 $275,000
T 38 3,666 $275,000 T 62 5,174 $325,000
T 39 3,749 $275,000 T 63 3,139 $300,000
T 40 4,044 $250,000 T 64 4,589 $375,000
41 7,104 $400,000 T 65 4,494 $350,000
42 7,162 $450,000 T 66 4,183 $325,000
43 6,930 $450,000 T = Townhome Lot

Prices subject to change without notice.
Height Restrictions apply to every lot.

What is a Townhome? A Townhome is a single family dwelling on it's own lot that may or may not be attached to another structure on an adjacent lot. The Homeowner's Association collects an additional amount from Townhome owners to pay for exterior maintenance (building and landscaping), as well as additional Reserves for the replacement of exterior materials (siding, roofing, etc.) over time. In summary, the HOA takes care of the exteriors of the buildings for the owners.

When you buy a Townhome Lot, you would enter into a construction contract for a residence of a specific size and architecture, with a base contract amount and a specific timeline for construction. You may choose all interior finishes and the total cost for construction would go up or down depending on your choices. We expect cost per sq ft for construction to be between $250 and $300 for the Townhomes, with a high quality level of finishes. We expect the first set of two Townhomes to be ready to begin construction in early 2008.

Pacific Seawatch is a quality community with strong CCRs and Design Guidelines. A club house with indoor pool and exercise room is planned for completion for summer of 2008.

Homeowners Association Summary & Dues