Parkeside Preserve – ACTIVE PROPERTY

Parkeside Preserve in Annapolis will be developed for 70 single-family homesites and 86 townhome lots.  It comprises 39 acres.  The site was assembled from 21 separate parcels in 2006.  Toll Brothers terminated a contract to acquire the site in 2008.  The owner sought out CRP to be its development partner.  Area single-family homes sell for $500,000-600,000.  Townhomes sell for approximately $290,000.
Parkeside Preserve in Annapolis is well-located on busy Forest Drive, within 2 miles southwest of Annapolis City.  Population within a 10-mile radius is approximately 180,000.  Average household income in the area exceeds $120,500.  Shopping is abundant, including Annapolis Town Centre, a 2 million square foot mixed-use development anchored by Target, Whole Foods, Bed Bath & Beyond, Anthropologie, Brooks Brothers, Arhaus Furniture and many other luxury retailers.  Parkeside Preserve in Annapolis directly adjoins Quiet Waters Park.  The 340-acres park offers access to the South River and features a concert pavilion, ice skating rink, 6 miles of paved trails, children playgrounds, the Blue Heron for indoor functions of 175-225 people and more.
Contact Information:
Chesapeake Realty Partners:
Jon Mayers: 410-356-9900
Josh Fidler: 410-356-9900