The phrase “Cliff vesting” refers to when employees are considered vested in an employer benefits plan and have earned the right to receive retirement plan benefits. Cliff investing? That’s when you are not willing to wait for retirement to begin enjoying life.
At The Cliffs in the western Carolinas (Greenville, SC and Asheville, NC), several master-planned luxury mountain and lake communities have been carved out in the beautiful Blue Ridge Mountains created expressly for people seeking new adventures, as well as new property investments.
The nearly 3,000 members initially chose The Cliffs for the beauty of its setting and luxury amenities — but many members will tell you that now they also love the passionately active lifestyle that comes with mountain living.
A strong upward growth trend continues within The Cliffs—a collection of seven private luxury mountain and lake communities. A total of 146 real estate transactions closed in 2015, representing a 20% increase over 2014 sales, and year-to-date sales in the first quarter of 2016 were up 16% over last year.
The Cliffs continues to see an increase in land and home values across all seven communities and prospective buyers have increased 129% since 2014. To date, there are 1,532 completed homes and 111 homes under construction.
“At The Cliffs, our goal is to capture and perfect the four-season appeal of the Carolinas, and the recent activity not only showcases that we have sustainable and successful communities, but also validates our core belief that The Cliffs offers one of the most unique and diverse real estate opportunities in the country,” says Kent Smith, president of Cliffs Land Partners.
The southern mountain location makes it possible to enjoy four beautiful seasons while having fun outdoors year-round. With more than 4,000 community events a year, access to every sport or activity imaginable and with mountains, forests and lakes at your front door, you’ll find a new adventure every single day.
The first of The Cliffs communities sits 3,200 feet high atop Glassy Mountain and just minutes from Greenville, one of the fastest growing cities in American and the 25th best city to work and live in according to U.S. News & World Report’s 2016 ranking.
Owners enjoy breathtaking mountaintop living with 50-mile views. The Tom Jackson–designed golf course offers 15 holes with these views, earning Golf Digest’s ranking as the fourth most scenic course in the nation. The course clubhouse and a wellness center are set alongside the mountaintop Sunset Pavilion and a scenic chapel.
If country club living is more your liking, Cliffs Valley, another popular living community at The Cliffs, nestled in the foothills of the Blue Ridge Mountains, is an iconic interpretation of the classic American country club. A grand clubhouse prominently overlooks a Ben Wright–designed parkland-style golf course tracing along the valley floor. Cliffs Valley offers residents an expansive wellness complex with tennis courts, indoor and outdoor pools, a basketball court and more.
A historic nature center serves as the hub for outdoor activities, including hiking, biking and bird watching.
The Cliff Valley’s 28,000-square foot Clubhouse is fully equipped with a dining room, bar lounge, executive boardroom, banquet room, cigar lounge, card room and a state-of-the-art wellness center. The wellness center includes an indoor heated lap pool and Grecian spa, a complete workout area with Magnum strength training equipment, cardio theatre, aroma-therapy steam room, massage treatment rooms, health bar/coffee shop and lounge.
Cliffs Valley’s Ben Wright-designed 18-hole championship golf course will play to your liking of 6,176 or 7,050 yards. Other outdoor facilities at this community include an Olympic pool, tennis courts, a lighted full-court basketball court and a children’s playground. You will also find a 200-acre private park for residents with paved fitness trails, mulched hiking and biking trails, trout ponds, picnic and nature areas.
Cliff investing challenges the notion that capital accumulation requires deferred gratification. Luxurious, beautiful, fun, safe and smart, your toughest investment decision will be determining which of Cliffs seven communities best fits your lifestyle.