There are presently 7 finished, brand new spec homes for sale in Bridgewater on Lake Medina.  If you’re not familiar with this new development, it’s just west of Foxberry Farms in Medina. It’s about 3/4 of a mile west of County Road 116 just off of Highway 55 in Medina, MN.
The project is developed by Charles Cudd Homes and originally just started with 3 custom home builders, but it has since been opened up to a few more. It seems several of them all decided to build a spec. Much of this was done in anticipation of the Fall Parade of Homes. I’m sure many of the builders would have thought at least a few of these homes would be sold. Here’s a link to the plat map if you’d like to get a better sketch of the development.
The average price for the 7 for sale is $950,000. Click here to see the list of homes for sale.  They are listed with various agents and builders. The most recent sale in Bridgewater from the MLS closed on 10-15-08 for $890,000 sold by Wooddale Builders.
Bridgewater is often seen in between Foxberry Farms and Wild Meadows in terms of upscale luxury neighborhoods in Medina. The fact is, if you want a brand new home in Medina, you need to go to Bridgewater. Foxberry Farms has been built out for the past 6-7 years and Wild Meadows was basically completed a couple of years ago. There may be one lot left in the south end and perhaps a lot or two in the north.  But with both of those options in Wild Meadows, you will need to build a home in the $1.5 – $3.0 million range.  In Bridgewater, you can still buy a beautifully finished brand new luxury home for about $900,000.
