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The Summit
at Granite Ridge
Snapshot:
Granite is foam, and dynamite a hot knife—sort of.
11 AC on Schweitzer’s lower half.
World-class rock, world-class resistance.
8 months of strategic blasting and quarrying yielded enough material to build internal roads, driveways, and sell surplus—covering the blasting contractor’s cost.
General Contractor:
Installed all mainline utilities and constructed roadways to the Blue-Top development.
Built the first spec home, laying a strong foundation for future phases.
Owner Representation:
Identified land suitable for subdivision investment and made an offer contingent on a 90-day due diligence period.
Provided $5,000 in nonrefundable earnest money—released to the seller—as consideration for taking the property off-market.
Ran due diligence and capital sourcing concurrently to streamline acquisition. Achieved Pre-Plat approval for a 5-lot PUD, serviced by a contractor-installed community water system and municipal sewer.
Recorded the 1st and 2nd highest lot sale prices in Sandpoint and Bonner County at the time, driven by pad site finish, common area quality, and view corridors—including dedicated viewing decks for realtors.
Had the foresight to install multiple conduits for future technology integration.
Takeaway:
Granite Ridge exemplifies how foresight, execution, and design precision can elevate land value beyond market norms. By securing off-market terms, streamlining due diligence, and delivering a high-finish PUD with utility infrastructure and tech-ready features, the project set new pricing benchmarks in Bonner County.
Strategic planning and attention to detail—down to realtor viewing decks and future-proof conduits—turned raw land into a premium product.
