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Cortes Community Housing Society Purchases Property on Cortes Island

Cortes Community Housing Society Purchases Property on Cortes Island

Photo of the first property purchased for the Cortes Community Land Trust.
 
 
Below is a statement take from the Housing Society website about the purchase. Jeramie worked with the Housing Society as their Buyer's Agent to secure and purchase the property. 

We have initiated a Cortes Community Land Trust!

The idea behind the newly formed Cortes Community Land Trust is that instead of only building new structures, which given the high price of new construction is not always cost-effective, we also seek out suitable existing homes to buy, which will be rented to fulfill community housing needs.

We are thrilled to tell you that the first such purchase by the Cortes Housing Society is now confirmed.  Thanks to a generous donor, the CHS is purchasing 671 Sutil Point Road.

This amazing property has two houses (one 2-bedroom home and one 4-bedroom home) that are ready to be rented out to fulfil housing needs of our island. CHS takes possession in early June.

By purchasing existing homes, we avoid the high costs of developing raw land, and we ensure that existing housing on Cortes is used for year-round housing rather than purchased by off-islanders for part-time/summer use.

There’s also a large shop on the property (that could be a makerspace, community shop, or some other community facility) and there’s open space that could be used for agriculture.  We we aim to utilize the shop and the agricultural space for community purposes once we’ve had a chance to hear from the community about your aspirations and ideas for how these assets can be used.  In the weeks ahead, we’ll be posting rental opportunities to our housing waitlist.

The Cortes Housing Society will continue to work at every viable angle and option to secure the housing needed to keep our community strong and diverse.

Thank you for your ongoing support and please reach out if you are able and willing to donate either time, ideas, or money to continue to make this work happen. Read more the new Cortes Community Housing Society.

Learn more about the property:
 
Gated 3 acres, 2 Homes, one-4 Bdr, 1600 Sq. ft, 720 sq. ft garage modular home, and another 2 Bedroom 1120 sqft (possible Rental Income), both houses can come furnished, 30'x30' workshop, 3 stall barn, and greenhouse. Other outbuildings include a possible cabin/artist studio/garden shed and wood shed.
 
The property has two wells, two automatic generators, and two RV hookups. Located in the desirable south end of Cortes Island, this beautifully landscaped property has an abundance of fruit trees, plants, and two ponds one with fish and a waterfall feature.
 
Siskin Lane trails and parklands surround the property with proximity to lakes, beaches, and services. This property offers the perfect island lifestyle, nature, and convenience to all amenities.

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Whether you're looking to buy, sell, or invest in the Discovery Islands real estate market, Jeramie Ellingsen is here to help. Reach out today

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