explained. “Te Ponds is definitely a place where you can live, work and play.” Greenwood Communities and
Resorts purchased the property now occupied by Te Ponds in 2005 and sold the first lot in 2007. Te company has been a leader in creating and managing award- winning residential and resort communities in the Southeast since 1979, when it developed Palmetto Dunes Oceanfront Resort on Hilton Head Island. It has since established a presence in the South Carolina
Upstate, the Georgia mountains, the Florida Panhandle and the North Carolina mountains. “We had a successful year in 2007, but the market took a rough turn for us in 2008,” explained Penny Davis, on-site sales manager with Te Ponds and Carolina One Real Estate. “We carefully evalu- ated the market and implemented some changes to offer more value to the consumer, while at the same time retaining our core community values. In 2010, our sales picked up as we introduced a couple of new
builders. We sold more than $10 million worth of real estate. Tat is a tremendous feat, especially in this market. Having a developer that can work through the tough times has been fabulous.”
A plantation, also known as Te
Ponds, was established on the site in 1691.
“Tis is as authentic as it gets,”
Morgan observed. “We have restored the third residence built at this location; the others were destroyed by fires over the centuries. Our restored 1830s farmhouse is
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