MOSES LAKE — The newest development from CAD Homes is going vertical.

“We’re offering 16 single-family lots … and on the second block there’ll be 19 condo-style townhouses that will be individually owned and operated under a (homeowners association),” said Blake Rollins of Nest Realty, who’s handling sales for Sage Point. “We’ve sold about four of them. We’ve got 12 units left on the single-family side, and then we’ll start on infrastructure for the townhomes.”

Rollins celebrated Sage Point’s ribbon-cutting Tuesday with the Moses Lake Chamber of Commerce and CAD Homes. The event included tours of model homes and corn dogs from The Corn Dog Co. of Moses Lake.

The development is located just south of Sage Point Elementary School on Dorsing Street, which is new enough that it doesn’t show up yet on online maps. The homes are priced in the $300,000-$450,000 range, according to the real estate website Zillow.com.

Sage Point has a little different look from other CAD developments, said CAD owner Drew Scott.

“We’ve shaken things up a bit compared to your normal new homes in Moses Lake,” Scott said. “Modern roof lines, full landscaping, stone exteriors, laminate flooring throughout … I think a lot of (developments) look the same. You go from neighborhood to neighborhood, and everything’s always the same. I like something different, and I think a lot of our customers do too.”

With the opening of the Sage Point, Nest is offering a summer deal, Rollins said.

“We’re offering up to $25,000 in upgrades or closing costs, or as low as 4.875 (percent interest) with approved FICO with FHA … to incentivize people and give them the best option to move in,” he said.

The single-family homes range from 1,226 to 1,854 square feet, according to CAD’s website. The townhomes, once they go up, will be 1,200-1,800 square feet as well, Rollins said. There’s a misconception that the townhomes will be multi-family, he said, but in fact they’ll be individually owned.

“They’ll have their own backyard, their own garage, and a designated grass area, and they’ll be adjacent to the playground at Sage Point (Elementary),” he said.

While many developers set up on the outskirts of town, CAD’s developments lately have been infill, building on unused space in the middle of town. That’s a little trickier, Scott said, because the lots in those spaces are often oddly shaped.

“It’s easier to go out there and start something new where everything’s a perfect square,” Scott said. “It takes more effort to make a good infill project. I think this one is a really good example of what infill can be.”

    A crew works on a Sage Point home in the new development on the lower peninsula of Moses Lake.
  

    A finished home at Sage Point. The houses sport a different look from other developments, said CAD Homes owner Drew Scott.
  

    Once the single-family homes at Sage Point are finished, a row of 19 townhouse condos will occupy this space.