Our developer, Hawks Development Inc., purchased the 30 acre tract that is now Ascot Glen from Geraldine O'Dell Lockaby in January, 1995. The property had been in the Lockaby family since 1984. The tract was subdivided into 76 lots and was rezoned to RA-4 by Cobb County. Our 76 homes were built between 1996 and 2000 in two phases by seven independent builders. Unit II consists of all the lots on Ascot Terrace, except for the first two that border Ascot Run. The exclusive "new home sales" real estate agency was Metro Brokers / Better Homes & Gardens.
Community Club Management was our full service management company at $300 per month until the April 12, 1999 Annual Meeting where the HOA was turned over to the homeowners. At that time, CCM notified the homeowners of a projected budget deficit and that they would be terminating our agreement at the end of the month. The newly elected Board of Directors asked CCM to extend their agreement until May 31 so that they may have more time to review the situation. The Board looked for an affordable full service management company. None were to be found at a rate that the HOA could afford, as the lowest quote was in the $600 per month range. The Board voted to enlist the services of Heritage Management for accounting and covenant enforcement functions at $200 per month beginning July 1, 1999. Heritage would not be doing "on property" services as CCM once did. Through several cost cutting measures, we were able to turn around a projected $3,304 deficit into an $84 surplus for 1999. Today, our HOA is debt free and has sufficient reserves to cover insurance deductibles and most other unexpected expenses.
The independent home builders of Ascot Glen
Ashlar Homes, LTD.
Lots: 4, 16, 45, and 53
Ed Hash Custom Homes, Inc.
Googe Builders, Inc.
Keith Jones Builders, Inc.
Legendary Homes, Inc.
Wind River Homes, Inc.
Promotional page from the Information mailbox that was at the sales office
Lot Map from the Information mailbox that was at the sales office
Aerial shot of the surrounding area from 1999. Ascot Glen is in the upper right corner.
Topographic map of the surrounding area from 1992. Contour intervals are 20 feet.
Unit I Final Plat - now in .pdf
Unit II Final Plat - now in .pdf