Sugar Creek Preserve Recognized with First Geneva Lake Conservancy Conservation Development Award

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Linn/Lake Geneva — The Geneva Lake Conservancy today presented its first-ever award for “Excellence in Conservation Development” to Sugar Creek Preserve, LLC.

The newly created award is intended to recognize, from time to time, exemplary efforts in conservation development within the lakes area. The Conservancy’s Executive Director, Jim Celano, summed it up by saying “the purpose of this award is to advance the concept that conservation and good development are not mutually exclusive. Rob Keefe of Keefe & Associates, along with Kurt Andrae of Red Wing Land Development, have worked long and hard to bring to our area a landmark conservation project that successfully combines single family development with impressive preservation of the site’s sensitive land and water resources. These professionals have taken to heart the Conservancy’s call to be known first for what they have protected and preserved and thereafter for what they developed.”Conservancy Board Chairman, Chuck Ebeling added, “Our Board of Directors were so positively impressed by the conservation achievements at Sugar Creek Preserve, that they were inspired to create this ground-breaking new award, recognizing that responsible conservation land development can be both good for the natural environment and good for business – it’s a win-win-win, for the community, the home-buyers and the developer.”

Located in the Town of Lafayette on Bowers Road, the Sugar Creek Preserve was designed by noted land planner, Randall Arndt. The Preserve spans approximately 260 acres of land, of which 170 acres will be permanently preserved as open space. The parcel features vast expanses of woodlands along with streams, thriving wetlands, a small lake, and restored prairie. There are 52 carefully placed home sites, several of which have already been sold, offering views into the woodland and prairie. A large portion of the natural habitat will be permanently protected through a Land Conservation Easement to be held by the Geneva Lake Conservancy.

While not every development site will offer as many conservation opportunities as Sugar Creek Preserve, every site presents creative ways to preserve or restore natural attributes. The Conservancy will continue to seek out and recognize other developments from time to time that embody meaningful, sustainable conservation practices in the design and construction of their projects.

The protection of existing natural features, the wise use of sensitive water resources and the studied and careful placement of all activities disturbing the land are of particular importance. “Our future quality of life is absolutely dependant on clean water and clean air, and land where natural elements are conserved,” Celano added. “Embracing responsible land conservation practices is paramount if we are to pass on these essential values to our children and grandchildren. The Geneva Lake Conservancy applauds the efforts of those in the building and development sector who, like the developers of Sugar Creek Preserve, recognize and act on high conservation values.”

The Geneva Lake Conservancy, with its office listed on the National Register of Historical Places, is located in Fontana. It is a state-chartered not-for-profit organization, serving the southern half of Walworth County and centered on the Geneva Lake watershed. The Conservancy is supported entirely by private contributions and community volunteers. The Conservancy is a member of Wisconsin’s Gathering Waters conservation organization, and of the national Land Trust Alliance.

For more information visit: www.genevalakeconservancy.org, www.keeferealestate.com, & www.sugarcreekpreserve.com.

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Keefe Real Estate Second-Home Index Reveals Steady Growth with Little Volatility

Annual Keefe Real Estate Index of Second Home Selling Prices

February 6, 2006, LAKE GENEVA, WI – Keefe Real Estate has announced the results of its first annual Index of Second-Home Selling Prices. This index is a broad measure of price appreciation for second homes in Lake Geneva and Southeastern Wisconsin starting with 2001. The data include normalized home selling prices for second homes and condominiums of all price levels. The index does not reflect increases or decreases in the number of sales. The report shows excellent five-year selling price appreciation that is fully assimilated in the market.”Last year saw market-wide increases in second-home pricing from condominiums and condo-tels to lakefront homes,” notes Rob Keefe, President of Keefe & Associates. “These price increases occurred during the first six to eight months of 2005. Anecdotal reports indicate that the market may have reached a plateau mid-year during which the market adjusted to the large pricing gains during the first and second quarter,” he adds.

Keefe Real Estate President Steve Beers observes, “Prices have increased at a significant but more modest level than in other perceived ‘over-heated’ markets in the country, reflecting the Midwest’s more stable real estate values.” The five-year analysis bursts lingering “bubble theory” concerns about real estate in the Midwest and confirms that the market is strong. “We’re looking forward to an even better year this
year,” Beers adds.

Keefe Real Estate has been Southeastern Wisconsin’s leading real estate company for over 60 years and is among the area’s largest independently owned real estate companies. With over 115 agents, Keefe has offices in downtown Lake Geneva, Lake Geneva Business Park, Delavan, Elkhorn, East Troy, Abbey Springs in Fontana, and at Geneva National. Keefe Real Estate represents one of the largest developers and builders of quality-constructed resort hotels and suites, condominiums and lake resorts in Southeastern Wisconsin. Additionally, Keefe Resort Rentals leases privately owned homes, condominiums, and cottages, many with lakefront or lake access, for guests to rent while vacationing in the Geneva Lake area. For more information on Keefe Real Estate or its Second-Home Selling Price Index Report call 800-690-2292 or visit www.keeferealestate.com

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What You Get at Your Getaway – Geneva Lake Wisconsin

May 2, 2005
Crain’s Chicago Business

This clear, deep lake is the gold standard. Seven miles long and two miles wide, it’s ringed by verdant bluffs and white piers.

Summer Rentals: More to choose
The market for summer rentals in the greater Chicago area may not compare to that of the Eastern seaboard, where everyone has a summer rental, and houses in the Hamptons are the stuff of legend. But it is growing a little more plentiful – and sophisticated.

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