We invite you to come live in this affordable, year-round vacation atmosphere
Now open - 2nd section of Phase IV Lots 9-15
This private sector offers great open water views of San Miguel Bay. Choose a lot and build yourself or take a look at our Custom Built Home on Lot 6. The street is planned to be black rock with street lights and underground utilities.
DIRECTIONS:
From Toledo Town (junction Highway 6 / Highway 191):
North on HWY 191 to HWY 3229
West (Left) on 3229 to North Toledo Bend State Park Road.
South (Left) on Parkside Drive (Next Fire Station). Follow to end of Parkside Drive.
Turn Right on Bailey Chemin Way.
At each turn look for the brown State Park signs
Water's Edge Subdivision, a planned community of waterfront lots and new homes, started out primarily for second home buyers looking for weekend getaways. Over the years a Cajun Cape which originally sold for $38,900 in 1993 for $127,000 today; which is considered a real bargain for a like-new waterfront cottage. Water's Edge Subdivision makes Toledo Bend Lake still a very affordable year-round vacation living.
One rental perk comes compliments of the Internal Revenue Service. Uncle Sam doesn't collect a dime of rental if you rent the home for fewer than 15 days of the year. And like primary home mortgage, the interest paid is deductible for the whole year. If you rent the home for more than the 15 days the rental income is taxable but the repairs, utilities, insurance, other expenses are deductible for the whole year.
Although most have found that they love coming to the lake too much to give up any of their time and eventually have made their getaway their permanent home. When you take a drive down Parkside in Water's Edge you will find scenic woodlands with open water views and Cypress trees that line the shores of San Miguel. Water's Edge is a restricted subdivision with underground utilities and street lights. Bob and Dinah Dybas not only have given their careful and thoughtful planning to the subdivision, but have also chosen it as a place they call home with their two daughters Bailey and Chloe. "We feel family is important and have incorporated that into our planning ." Bob, originally from Connecticut, and Dinah from Louisiana, have combined the designs with architectural character and charm of historic homes. "Our homes put a premium on design, craftsmanship, quality and livability."
Having sold over 74 lots and homesite packages and now planning opening the 2nd set of lots in Phase IV of the development. Future development goals include village sites nestled in the interior woodlands with options of rental or home. An association will be formed with benefits of water access, boathouse storage, and possibly a clubhouse and pool, fishing dock with a special place to watch Egrets and many other water birds through membership. Whatever your needs or desires, the land we call Water's Edge offers something for all. We cordially invite you to come live in the year-round vacation atmosphere at Water's Edge Subdivision.
For More Information contact Dybas Development South or The Home Store Real Estate the exclusive agency for development plans.
