118-home community headed to Chapin area of Lake Murray

Posted 5/17/23

A developer that has already built lakeside communities in the counties of Saluda and Newberry is moving onto neighboring Lexington with its next Lake Murray project.

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118-home community headed to Chapin area of Lake Murray

Posted

A developer that has already built lakeside communities in the counties of Saluda and Newberry is moving onto neighboring Lexington with its next Lake Murray project.

American Land Holdings is set to take over the final spate of available land on the Chapin-area peninsula that is also home to the Timberlake Country Club with its new development WhiteWater Landing. The Capital City/Lake Murray Regional Tourism Board says it will most likely be one of the last large developments on the water.

The 52-acre property is set to include 118 homes, 21 of which will be lakefront and more than 20 of which will border the golf course. The development will include somewhere between five and 10 acres of green space, in addition to recreation and lifestyle areas including a pool and boat storage.

“We try to build something where folks that buy in here, they're buying into a waterfront community and they don’t have to go anywhere,” Dean Sinatra, managing development partner at American Land Holdings, told the Chronicle. “They have all the things they need right within the community.”

Sinatra said the company’s $16 million investment in WhiteWater Landing will bring its total investment into communities around Lake Murray to more than $40 million. He said that Palmetto Pointe, the company’s development in Saluda County, is sold out, and Stewart Landing, American Land’s development in Newberry County, is nearly sold out as well.

“Capital City/Lake Murray Country Regional Tourism Board has enjoyed working with American Land Holdings for the last 5 years,” the organization’s president and CEO, Miriam Atria, is quoted in a release. “This developer is in tune with the future of residential development by maximizing scenic landscapes, amenities, and more, to lure families to the pinnacle of the lake living experience.”

Indeed, when Sinatra was asked about what sets his company’s developments apart around the increasingly developed lake, he emphasized that American Land doesn’t look to clear cut and put up cookie-cutter homes like many production developers.

“Over the last 25 years, we have become experts at being able to preserve the tree canopies and select-cut and keep the hardwoods and keep the maturity of that community,” he said.

As to concerns about how the addition of WhiteWater Landing’s 118 homes will impact traffic on local roads and stress other local services, Sinatra said the development is going above what’s required by Lexington County regulations. 30-foot driveways will keep people from parking on the road near the development, and the company is investing in new sewer infrastructure for the Town of Chapin, to hopefully not place too much of a burden on local infrastructure.

“We're looking to support whatever efforts we can as a developer and HOA to manage within our own community long-term to take some of that pressure off,” Sinatra said.

While land around the lake might be in increasingly short supply, big announcements continue around its shores. Earlier this month, the Town of Lexington announced that a public-private partnership would bring a 93.53-acre, $733 million destination resort to the lake just south of the Dreher Shoals Dam. That development is set to include a Regional Conference Center, with the town footing the $30 million bill for the center with the developers donating five acres of land.

“Every day the [Capital City/Lake Murray Country] staff greets visitors from all over the country looking to relocate or retire in the region,” the tourism board writes in its release. “Property values in the region are up and inventory is low, making the market highly competitive for those looking to move to the region.”

chapin development, lake murray homes, whitewater landing

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