2019 Boise Idaho Real Estate Blog

Block party for Kuna to be held at Walnut Creek September 27th Main Idaho Real Estate Insights
The bottom of the housing bust might seem like an odd time to hold a grand opening for a subdivision, but Ted Mason thinks he has a winning product.

Walnut Creek Subdivision, Kuna

Ted Mason Signature Homes (www.tedmason.com), the valley’s leading developer and builder of high-quality homes for single people and empty nesters, will be holding a grand opening for the Walnut Creek development on Saturday, Sept. 27, from 1 p.m. to 4 p.m., featuring live classic country music by The Dan Sevy Band and free food. There will be kids’ games and prizes, bouncy jumps and entertainment from local schools.  There will also be apple walnut pie served at 3:00pm.

Two homes have been constructed, one outfitted as a model home, and tours of the development will be conducted. Walnut Creek is located off Heartland Street, off Ten Mile Road midway between Hubbard and Deer Flat roads.

Mason said he did homework and found there’s not much in Kuna for people who are ready to move up from a starter home, so the 58-lot Walnut Creek should find people waiting to buy.

“We had several families approach us who wanted to stay in Kuna, but couldn’t find anything a step above a starter home,” said Mason, a builder since 1991. “There are people looking for his opportunity and we want to capture that market. But the homes will still have our signature warranty and quality.”

Walnut Creek is different than Mason’s standard product. He has carved out a niche as a developer of high-quality and custom homes between 1,100 to  2,000 square feet, on lots as small as a tenth of an acre, and built more than 800 homes over the past 17 years in the Treasure Valley. Most of his buyers are single people or are empty nesters scaling down. While he doesn’t have anywhere near the volume of Corey Barton or Hubble, he has found his niche.

However, due to Kuna’s minimum home and lot sizes, Walnut Creek homes are at least 2,200 square feet (and most will be larger) and lots are at least a third of an acre.

 

“Walnut Creek is a change for us. We’ve been doing downsized products for a while,” Mason said. “But this is a good niche and I wanted to build in Kuna because it’s a Main Street America type of place. It’s a great town with a strong feeling of community – people rally around the sports teams and there’s a lot of focus on making Kuna a nice place. We wanted to be part of that.”

Mason said city officials welcomed his development and the concept that it’s a step up from starter homes. Kuna has long been known for starter homes and official figures support that perception: According to the Community Planning Association of Southwest Idaho, the average value of homes built in Kuna in 2007 was $219,000 and their average square footage was 2,300. By contrast, the average value in Eagle was $532,000 and the square footage was 4,957 – around twice the price and size. The Ada County average was about $265,000 and 2,763 square feet. Walnut Creek homes will be from the $280,000s to the $350,000s.

“This development is at the right time for Kuna- it wants to show it can attract people who want to step up,” Mason said. “When we went through the approval process, they ushered us through with grins because this is what they want to attract. 

Walnut Creek has a country cottage/farmhouse feel, with bold Craftsman-styled homes (two homes are already built, one outfitted as a model home). It will have four acres of open space, consisting of greenbelt and neighborhood parks large enough for a pick-up game of baseball or soccer 

At the Sept. 27 event, Ted Mason staff will be on hand to give tours of Walnut Creek if anyone is interested; but if not, at least they’ll be able to enjoy the music and food. Mason is known for holding public parties. In June, he held his third annual customer appreciation block party at Larkspur in Meridian. It had a more urban feel, with a jazz trio and hors d’ouevres, in contrast to the Walnut Creek party, which will fit the country vibe of that development.

Mason said Walnut Creek is in an ideal location. It’s off of Ten Mile Road about four miles south of Interstate 84 and construction on an interchange is set to begin there in 2009.

“My office is at Fairview and Maple Grove and it already takes less time to get from my office to Kuna than from my office to my home in Eagle,” Mason said. “The commute to Kuna is quick and easy."

 
Posted by tlangford at 9/18/2008 12:44:00 AM
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Michelle Penick, Build Idaho Client Real Estate Services

Michelle Penick

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