Texas-based Legend Communities, experts in managing waterfront property developments, today announced The Residences at Tiki Island’s sales gallery is now open to the public. The high-end, mixed-use residential project is located on Tiki Island near Galveston and will also include eight villas, and future phases will feature a marina with restaurant, and boathouse storage for over 200 boats. To date, the approximately $70+ million, 70-unit condominium development has several residences reserved for purchase with interest to a VIP Waitlist totaling over 400 individuals.
“We are so excited to announce the opening of our on-site sales gallery which marks the first new development on the Island in over 14 years,” said Betty Harbourt who leads NAN Properties Developer Services Division. “This is a significant milestone in our development timeline and allows us to fully demonstrate the architectural design and interior finishes of the Residences to perspective buyers. The building features beautiful glass windows and a cantilever roof that is destined to become the new beacon of Tiki Island as it rises along the Bay.”
Located on the site, The Residences at Tiki Island’s sales gallery allows prospective owners the opportunity to completely personalize their homes by choosing from three designer inspired finish packages, or opt to mix and match finishes from within each package to create a completely unique combination of finishes. With the opening of the sales gallery, an extensive list of Reservation Holders and VIP Registrants whom have been waiting since the project was announced in July 2021, have scheduled appointments to receive, one-on-one sales presentations about the community, its amenities, floor plans and finishes from Courtney Sapio, the sales specialist for the project.
Legend Communities is in the final stages of design development and permitting of its first phase for this exclusive waterfront resort, with groundbreaking anticipated for summer 2022. The Residences at Tiki Island will offer 70 luxurious two, three, and four-bedroom condominium homes, ranging from 1,200 to more than 3,000 square feet. The top floor will feature two-story penthouses with an option for an elevator included. Owners will have access to a fitness center, a resort-style pool, an outdoor kitchen and lounge area, and a dog park. It will be a golf cart-friendly community, with walkability, to future phases that will feature a marina, boat barn with boat valet to accommodate easy water access, and enchanting bay views. Phase I project completion is anticipated for summer 2024. Condominium pricing starts in the $800s.
The Residences at Tiki Island represent a one-of-a-kind ownership opportunity as it’s the only mixed-use development on Tiki Island and the first new-build residential project on the island in 14 years. The development will offer exceptional community amenities for the avid boater/fisherman with future phases to include a Boat Barn for 200-plus boats, call-ahead boat valet and a marina restaurant within steps of each home. Designed with the boating enthusiast in mind the amenities and condominium finishes reflect the ultimate in living on the water and ease of ownership for those desiring a lock-and-leave lifestyle or secondary home. No short-term rentals will be permitted.
“We’re already seeing a tremendous amount of interest,” added Harbourt. “It’s a very exciting time and we expect the demand to continue for this remarkable offering as it provides full time and second homeowners with a brand new, high-quality luxury lifestyle option with extremely competitive HOA dues at $.30 per foot.”
Earlier this year, Legend Communities tapped Courtney Sapio of Nan Properties as the on-site sales agent for The Residences at Tiki Island. The sales gallery is open Wednesdays through Saturdays, 10:00 a.m. – 6:00 p.m. and Sundays, noon – 5:00 p.m., and by appointment on Monday and Tuesday.
To learn more about The Residences at Tiki Island, please visit www.residencesattikiisland.com.
About The Residences at Tiki Island
Located on Tiki Island and five miles north of Galveston and 45 miles south of downtown Houston, Tiki Island Residences and Boathouse Resort is scheduled to break ground in 2022. The luxury six-acre waterfront community plans include The Residences at Tiki Island a 70-unit condominium development, The Villas at Tiki Island encompassing eight luxury waterfront villas, a waterfront restaurant, ship store, boathouse and marina rental slips. Managed by Legend Communities, condo pricing starts in the $800s and villas start at $1M. Place Designers is the project’s architect, FirstServices Residential is the property management firm and Comiskey Realty is the exclusive listing agent for The Villas at Tiki Island. To learn more about the community please visit http://www.residencesattikiisland.com/.
About Legend Communities
Headquartered in Austin, Texas, Legend Communities is a full-service development manager of single-family residential, multi-family residential, active adult communities and associated commercial projects in Central Texas, California and Colorado. Legend Communities and its affiliate company in California have earned recognition for their projects from several highly regarded local and national industry associations, including the U.S. Department of Housing and Urban Development (HUD), the Urban Land Institute (ULI), the National Association of Home Builders, and the City of Austin Green Builder Program. The company emphasizes giving back to the communities in which it operates through business, civic and charitable contributions. For more information about Legend Communities, please visit www.LegendCommunitiesinc.com.