New construction in Granite Bay has been a massive draw to the area, in conjunction with the top rated Granite Bay schools. The area blends a rural country feel with ideal proximity to shopping, dining, and plenty of outdoor activity. Folsom Lake is a short drive, and Truckee is only a 1.5 hours away. Granite Bay is known for it’s quality of life, spacious lots, and the abundance of trees. Magnolia by Tim Lewis is the newest project to offer luxury new construction homes without the price of a fully custom home. The 5 offered models will be single story, and range from 3,765 to 5,104 sqft, include a 3, 4 or 5 car garage, and be available with either 4 or 5 bedrooms. Home sites will be situated throughout the 119 acre development to enhance the feel of privacy and maintain the tree studded country appeal for which Granite Bay is famous.
Each model will be incredibly well appointed with 10’ minimum ceiling height, Thermador appliance package, energy efficient building options, and a robust solar offering, in addition to many other top tier amenities. Residences are offered with multiple build out options including an office, game room, flex space, or multi-generational design. Lot premiums range from $0 up to approximately $100k for prime home sites. Residence pricing starts from just over $1.7m to over $2.1m and includes many unique customization options from the builder. Top quality finishes are standard in each of the 5 models, and Magnolia also offers 5 stunning elevations including the Modern, Modern Spanish, Modern Farmhouse, Modern Prairie, and Modern Cottage.
Currently the HOA dues are billed monthly at $304, but will be reduced to $203 upon completion. The Mello Roos assessment is $583/monthly. To schedule a private tour, or get more detailed information on the interest list, specific pricing, or home features, contact me directly and I’ll schedule a one on one consultation with you. I am a local Real Estate Broker in the Greater Sacramento Area that believes in building a lasting business by caring for my clients. Check my blog page for more information in the area, and the newest luxury homes for sale!
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