sandy bay highlands
Sandy Bay Highlands covers subdivision growth, lot sales, pricing, and expansion
Whether the CDA sets clearer price/negotiation limits for offers and whether the north-side expansion cost estimates move from planning into a specific site choice.
Typically discussed at Business and Industrial Development Committee - Community Development Authority. Check back when the next agenda is published.
The city’s development board raised Sandy Bay Highlands Phase 3 lot prices by 7.5% in late January, then turned down three offers in February as too low. At the same time, they’re spending more effort sizing up a north-side site for the next subdivision, asking for tighter cost estimates and possible lot layouts.
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passed Business and Industrial Development Committee - Community Development Authority · Jan 27, 2026 Weichert Realtors Cornerstone, review and possible action regarding Sandy Bay Highlands lot prices and price adjustments
Motion to increase price of all Phase 3 lot prices by 7.5%
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passed Business and Industrial Development Committee - Community Development Authority · Nov 25, 2025 Consideration of purchase offer for section of Lot 25 subdivided
Consideration of purchase offer for section of Lot 25 subdivided (accept purchase offer letter received for $7,000 for 0.18 acres, with buyer required to submit a CSM and schedule a closing within 30 days).
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passed Business and Industrial Development Committee - Community Development Authority · Oct 28, 2025 Consideration of purchase offer for Lot 24 Sandy Ridge Drive
Motion to counter the $52,000 purchase offer for Lot 24 Sandy Ridge Drive at $54,500
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passed Business and Industrial Development Committee - Community Development Authority · Jul 22, 2025 Discuss Status of Lot 16, Block 2 of Phase 2 at Sandy Bay Subdivision --Status of Re-Conveyance to the CDA --Discuss Configuration and Pricing of the Real Estate Comprising Lot 16, Block 2
Kalista moved, supported by Brandt, to direct City staff to proceed with the redivision and pricing as recommended by staff.
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Staff reported ongoing talks with developers, including potential multi-family projects and possible property acquisitions for future housing development.
Business and Industrial Development Committee - Community Development Authority -
The committee discussed longer-term development focus areas closer to Two Rivers High School as a target for 2027 and beyond.
Business and Industrial Development Committee - Community Development Authority -
The CDA discussed marketing tools for Sandy Bay (including signage, flyers, and QR codes) and heard Weichert, Realtors Cornerstone’s plan for next steps.
Business and Industrial Development Committee - Community Development Authority -
The CDA asked Weichert, Realtors Cornerstone to review Sandy Bay lot prices and return in February 2026 with recommendations.
Business and Industrial Development Committee - Community Development Authority -
The CDA reviewed Phase 3 Sandy Bay Highlands lot pricing with staff and Weichert Realtors Cornerstone and voted to raise prices across Phase 3 by 7.5%; the motion passed unanimously.
Business and Industrial Development Committee - Community Development Authority -
Staff discussed potential future expansion of Sandy Bay Highlands, including three nearby properties under different ownership as possible options; no vote was taken.
Business and Industrial Development Committee - Community Development Authority -
The CDA reviewed three offers for Sandy Bay subdivision lots (Lot 22, Block 2; Lot 5, Block 5; Lot 6, Block 5), considered the offers too low, made counteroffers that were rejected, and the lots remained available; the minutes describe discussion with no formal action.
Business and Industrial Development Committee - Community Development Authority -
The CDA discussed possible sites for the next residential subdivision and reached consensus to pursue more refined infrastructure cost estimates and potential lot sizes for land on the north side of Two Rivers.
Business and Industrial Development Committee - Community Development Authority