A Kingsmill homeowner has filed suit against Busch Properties Inc. to wrest control of the homeowner association.
Don Tortorice, a William & Mary law instructor who lit up the compound last month over control, seeks to free up the fifth of nine seats on Kingsmill Community Services Association board. He wants it filled by a homeowner who’s unaffiliated with management.

Read the rest of the article in the VA Gazette here


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Status # Listings       List Price Sold Price Sale
List
Price
%
Est. Fin. SqFt List Price Per Est. Fin. SqFt Sold Price Per Est. Fin. SqFt Days On Market
Active 47 Low
Avg
High
330,000
767,157
2,800,000
1,860
3,689
11,000
132.47
202.33
328.30
1
110
419
Pending 4 Low
Avg
High
449,900
618,725
815,000
2,024
3,263
4,300
167.79
193.01
222.28
92
241
355
Closed 35 Low
Avg
High
259,000
700,620
3,500,000
247,500
639,050
3,000,000
0.96
0.91
0.86
1,152
3,338
8,915
104.00
195.08
482.14
104.00
180.66
437.50
0
104
257
Overall 86 Low
Avg
High
259,000
733,174
3,500,000
 
 
 
 
 
 
1,152
3,527
11,000
104.00
198.95
482.14
 
 
 
0
113
419

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Inventory Analysis Prior 7-12 Months Prior 4-6 Months Current – 3 Months
Total # of Comparable Sales (Settled) 21 5 9
Absorption Rate (Total Sales/Months) 3.50 1.67 3.00
Total # of Active Listings 37 38 55
Months of Housing Supply (Total Listings / Ab. Rate) 10.57 22.75 18.33
Median Sale & list Price, Dom, Sale/List % Prior 7-12 Months Prior 4-6 Months Current – 3 Months
Median Comparable Sale Price 489,000 575,000 408,100
Median Comparable Sales DOM 72 132 108
Median Comparable List Price 575,000 614,900 620,000
Median Comparable Listings DOM 154 156 97
Median Sale Price as % of List Price 93 % 94 % 95 %

Sales Statistics compiled from the WML / WAAR/ Williamsburg Areas Association of Realtors

 
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20090210204338414963000000-o The  LPGA‘s Michelob Ultra Open,  will be held May 4-10 at Kingsmill on the James in Williamsburg, VA.

The event which was the top LPGA event of the 2008 season, was won last year by Annika Sorenstam. This year’s edition offers more than  $2,200,000.00 million in prize money and a winner’s check of $330,000. With one of the highest purses of all tournaments on the LPGA Tour it always attracts a very competitive field.

The Michelob ULTRA Open at Kingsmill is an annual golf tournament, originating in 2003, for professional female golfers which takes place every May on the LPGA Tour. The final round is traditionally played on Mother’s Day

It is a 4-day, 72-hole tournament is played on the 6,306 yard River Course at Kingsmill.

Find out more about the event here: http://www.michelobultraopen.com/

Read about Kingsmill Real Estate here : http://williamsburgsrealestate.com/2009/02/23/williamsburg-va-real-estate-kingsmill/
 
Both Golf World and Travel + Leisure GOLF magazine awarded Kingsmill Resort & Spa top honors for having some of the best golf courses and golfing opportunities in the country.  This recognition comes just days after GOLF Magazine honored Kingsmill as one of the country’s top 25 golf schools.  Golf World’s 2009 Readers’ Choice Awards placed Kingsmill among the top 10 Resort Courses in the country.  The recognition was based on criteria ranging from the quality of the courses to the accommodations and practice facilities.  “We’re honored by the survey results, and we think it proves Kingsmill is a golfer’s paradise,” said Wayne Nooe, vice president of golf operations at the resort. 

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kingsmillentrance1 Located near historic Colonial Williamsburg, on the banks of the James River, Kingsmill on the James is one of Williamsburg Va’s original master planned golf communities. Set on 2,900 acres, Kingsmill offers a variety of exclusive neighborhoods set against a backdrop of green hills and forests.20090210204338414963000000-o

Kingsmill Resort & Spa is Virginia’s largest golf resort, boasting 63 holes of   world-class golf on 2,900 acres along the historic James River. The Kingsmill community  offers it’s residents a gated community with 24 hour security, tennis, a full-service marina, six restaurants and lounges, outdoor pools, tennis, playgrounds,walking trails and much more

kingsmillmarinaview  History
Steeped in a tradition of gracious Southern hospitality, Kingsmill heralds a rich history dating back to Colonial America. The bucolic land located along the banks of the mighty James River was considered as a permanent base by the first Englishmen on May 12, browningsgrantkingsmill 1607. They decided to settle at Jamestown the next day. Located in the heart of Virginia ‘s Historic Triangle, it should come as no surprise that the land now known as Kingsmill featured a bustling plantation from 1619 through the 1800s.
Kingsmill Resort

Kingsmill 031 The Woods Course was named by Golf Magazine in 2000 as a “Top Ten New Course You Can Play.” River’s Edge neighborhood received a Platinum “Best in American Living, 2000,” award from National Association of Home Builders and Professional Builder magazine.
The three Golf courses in Kingsmill are: the River Course, the Plantation Course and the Woods course. The 6,853-yardkingsmillgovpalace, par-71 Pete Dye-designed River Course hosts the Michelob Championship at Kingsmill. The terrain flaunts hills, elevated greens, thick woods and water all around.

Arnold Palmer and Ed Seay’s 6,543-yard Plantation layout is more wide open  and less demanding of pinpoint accuracy kingsmillhmthan its sibling. It has water coming into play on eight holes. It is marked by historical landmarks from a 1736 plantation.

Curtis Strange, the Kingsmill Touring PGA Pro, designed the Woods Course, Kingsmill’s newest addition. It has been honored by Golf Magazine as a “Top kmhomeTen New Course You Can Play. “Its deep ravines, fairway bunkers and elevated greens offer a challenge.

Finally, there is a nine-hole Bray Links course directly behind the resort.

riversedgekingsmill

River’s Edge is comprised of 3,000 to 3,900-square-foot, custom-designed,  deluxe townhouses 80 feet above the banks of the James River. Enjoyable views are present in every room.  cost. Residents also have an auto court, leading to a two-car garage, plus a front porch, and a secluded, brick and stone terrace.

riverbluffskingsmill River Bluffs, located above the James River, is area’s most Luxurious Condo Residence.  Elegant condo units providing panoramic river vistas of the James River.

Townhomes, Cluster Homes & Riverfront Villas
Two, three, and four-bedroom townhomes with 2 1/2 and 3 1/2 baths, walk-in closets, fireplaces and special sound engineering.

Patio Homes yeardleysgrant
Single-family detached homes on minimum sized lots adjacent to the golf  course. Single story homes with private patios or decks designed for minimum maintenance. For resale only, from $300,000 to $500,000.

Heavily wooded home sites, custom built and custom designed homes, all archersmeadkingsmill utilities underground.

Building lots are  available in Kingsmill , the newest section of home sites in Spenser’s Mill consists of 38 lots.. The home sites are heavily wooded and provide wonderful privacy and views to conservation easements and distant views to the James River. Prices range kingsmillquarterpath from: approximately $270,000 – approximately $400,000 +.

This community preserves green spaces (40 percent of the property will remain untouched) and archeologically significant areas.

  • Recreation
  • Home to the LPGA’s Michelob ULTRA Open .
  • Renowned as Virginia’s largest golf resort with three 18-hole championship riveredgeview golf courses available for play throughout the year and the nine-hole, par-3 Bray Links.
  • Year round golf academy offers half and full day golf school and private instruction.
  • Tennis club offers 15 courts, including six Hydro Courts™, both clay and deco-turf, ball machine, tournament coordination and private lessons.
  • Marina featuring full service marina at Kingsmill Resort offers 15 transient boat slips, boat stocking services and resort amenities. The resort is located 35 miles upriver from the Hampton Roads Bridge Tunnel and off channel marker #40 on the James River . It’s just a short cruise from the Intracoastal Waterway  and the Chesapeake Bay . The marina offers  concrete floating docks, increased slip size, water and power connections, kingsmillredockside fuel service and harbor shop.
  • Resort boat rentals include kayaks, paddle boats and Jon boats. Fishing also is available from the resort’s standing pier and equipment and fishing licenses are available at the harbor shop.
  • Sports Club offers indoor and outdoor pools, exercise classes, fully equipped moodysrunkingsmillfitness center, saunas, steam rooms, whirlpool, basketball, racquetball courts and game room.Social clubs for residents include a Watercolor Art Group , Needle Arts ,Boy  Scouts, Cub Scouts ,Children’s Playgroup ,  Girl Scouts
    Sea Scouts ,Garden Club, Bible Study, Women’s Social Club , Men’s Golf Association, Ladies’ Golf Association ,Tennis Association, Sharks Swim Team, Yacht Club and more.
    Dining options at Kingsmill include: The Bray Bistro ,Eagles at the Golf Club Regatta’s Café and Market , Marina Bar & Grille , Moody’s Tavern ,Bray Landing . kinsmilllongstreetNeighborhoods in Kingsmill include: Archer’s Mead, Burwell’s Landing, Littletown Quarter, Quarterpath Trace, Wareham’s Point, Burwell’s Green
    Harrop’s Glenn, Moody’s Run ,River’s Edge ,Winster Fax

    Williamsburg/ JCC Schools for Kingsmill are James River Elementary, James Blair Middle, Jamestown High School.

  •  Nearest Airports: Newport News/Williamsburg, 20 minutes; Norfolk International, 45 minutes; Richmond International, 45 minutes.

    Search all homes for sale in Kingsmill, Williamsburg Va

    Search Building lots for sale in Kingsmill , Williamsburg, VA

    According to figures from the Williamsburg MLS, 64 Homes sold in Kingsmill in the last 12 months for prices ranging from $250,000 to $3,000,000. There are currently 63 homes listed for sale.

  • Low, Average, Median, and High Comparisons
      Closed Pending Active Overall
    Low $250,000 $259,000 $250,000 $250,000
    Average $607,195 $536,133 $575,475 $590,531
    Median $467,500 $449,500 $459,000 $459,000
    High $3,000,000 $899,900 $2,900,000 $3,000,000

    Location Map of Kingsmill
    [googlemaps http://maps.google.com/maps/ms?ie=UTF8&hl=en&msa=0&msid=114418637777095827713.000462e3056e2fdba67d4&s=AARTsJqnNXWlnYoQLv7Io_DU814zR-UYLg&ll=37.232515,-76.672211&spn=0.065604,0.109863&z=13&output=embed&w=640&h=480]

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