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Shelter Cove
Property Owners Association.
P.O. Box 246
Whitethorn CA 95589
A Note From Your SCPOA Board
Greetings from Shelter Cove. As we begin 2009, your
Board has 7 Directors with the addition of Kathleen
Yates and Richard Montante as well as returning
members Mike Caldwell, Alan Platt, Kurt Wygant, Dan
Paul and Ken Klaas. SCPOA would like to thank Tom
Marshall for his years of service as he finishes his term.
Your SCPOA Board looks forward to humbly serving
the community and the property owners of Shelter
Cove.
Meet your SCPOA Board
Although you may not be able to attend meetings, feel free to
email any of the SCPOA directors with concerns or comments.
Issues can be added to the agenda on your behalf.
Mike Caldwell, President [email protected]
Alan Platt, Vice President and Treasurer [email protected]
Kenneth Klaas, Secretary [email protected]
Kurt Wygant, Director [email protected]
Dan Paul, Director [email protected]
Richard Montante, Director monte1534@webtv/met
Kathleen Yates, Director
The Silver Lining of Real Estate Downturns
Rarely does life give us a “do-over”; a second chance. That is
precisely what is occurring in the real estate market here in Shelter
Cove.
We are seeing bargains on building lots and homes in the Cove that
many thought would never return again. Home prices are down
more than 25% in many areas of the country, and Shelter Cove is
no exception to that downturn. But there is a huge silver lining to
this phenomenon, mainly opportunity.
In 2008, the least expensive home to sell in Shelter Cove was
$206,000 and its price reflects the condition of the home. The most
expensive home to sell in Shelter Cove was the former “Ashbrook
Inn” for $1,400,000. The mean average home price was $503,727.
Five home sales were less than $400,000. Most people could never
dream of owning a vacation or retirement home in such incredible
surroundings for so little. While the real estate building market has
slowed elsewhere, Shelter Cove is still growing! New building
permits are up, and we remain the fastest growing community in
the entire Humboldt County.
The Silver Lining continued:
Flat building lots can be found for around $50,000 or sometimes a
bit less. It’s clearly a buyers market as the credit market constricts
and the investors with money are out looking.
I found Donald Trumps remarks on Larry King live Sept. 18th 2008
worth mentioning. He said “It's both a very tough time and a great
opportunity…It's an unbelievable time to buy a house.”
Shelter Cove has been called “An Island In Paradise”, and that is
not too far off the mark. Regardless of what happens in the real
estate market elsewhere, Shelter Cove has the all important
LOCATION. Our location with its close proximity to large urban
areas such as the San Francisco Bay area, make this remote
paradise location extremely rare. One only need visit and look
around at the daily spectacular show of beauty and nature puts on
display here. From the majestic mountains rising out of the
beautiful clean blue Pacific, to the golf course, hiking and fishing,
and its easy to see why Shelter Cove sells itself. We all have
something special here that has evolved into an upscale vacation
and retirement community without the “upscale attitude”. There’s
no guarantee that the government’s financial bailout program will
accomplish all that it is intended to do in the long run, but it clearly
will have a positive impact on reenergizing the credit industry and
restoring public confidence. While prices did drop 25-30% from
2004 to 2006, those continued price drops have failed to materialize
recently suggesting a bottom to the market. This should surprise
no one.
The bottom line is that it looks as though we have finally “found the
bottom” of the housing market, and the tide is turning. Many
buyers have wished for but not been able to achieve their dreams
of owning a home in Shelter Cove. They have waited hoping to see
a change in market conditions. Now they can achieve that goal at a
price no one would have ever conceived of even a couple of years
ago. That’s the “do-over”.
So what does this mean for SCPOA members? It is safe to say that
real estate values have indeed retreated from their highs of a few
years ago. That being said, the fundamentals of our location and
its stunning beauty keep the over all value much higher than
otherwise possible. The golden rule of Real Estate is location,
location and location. No matter what the current value is of our
real estate in Shelter Cove, there is no better time than now to
come and visit this paradise we call home in Shelter Cove.
By Kurt Wygant-Shelter Cove Home and Land/SCPOA Director
The Shelter Cove Property Owners Association will hold regular public meetings in the community center quarterly for 2009 all on
Saturdays. It is hoped that this change in schedule will allow more non resident property owners to attend these meetings. Current schedule
is March 7th, May 23rd, Sept 5th and Nov 7th. All Saturdays at 2:00 PM at the RID Community Center meeting hall. Come and join us!
The Resort Improvement District RID Updates
and Improvements.
Late September rainfall brought much needed relief to the water
table and Telegraph Creek, Shelter Cove’s primary water source.
The RID Water Department has applied for permits to install fish
passage improvements on the Telegraph Creek dam in compliance
with NOAA guidelines. The guidelines require that the District
complete construction of adequate fish passage improvements by
November 2009. The RID utility workers also completed installation
of the first of five new water wells for the system. These wells will
supplement the water from Telegraph Creek and provided the lowest
cost water solution for build out of Shelter Cove. A second well is
nearing completion and a third well installation has begun.
The RID Sewer Department has been working on a mandatory report
to the Regional Water Quality Control Board defending the District’s
existing exemption for its wastewater treatment plant discharge into
an Area of Special Biological Significance. The report provides
historical flow data, water quality monitoring and photographs that
demonstrate that the plant’s continued exemption is justified. The
District sends most of its effluent through the reclaimed water
filtration system as irrigation water on the golf course. Peaks and
surges in the system require that some effluent is discharged to the
ocean but the quality of this discharge is no threat to the ASBS.
Improvements in treatment, disinfection and monitoring have even
improved over the years since the exemption was first issued.
The RID Electrical Department reports progress with the pole
replacement capital improvement project. Each year the District tries
to replace the oldest and most vulnerable utility poles before the
winter storm season.
The RID Parks Department report good progress with remodeling the
Clubhouse Community Center located on RID property at the Golf
Links building. The interior has been repainted and new floor is
installed. Most of the new kitchen appliances have been delivered
and installed. All interior work should be completed within the
month in time for holiday events. The RID will consider rental fees
structure for this wonderful community asset. We all look forward to
future public events in this great building.
The RID board continues to serve the community with the current
board members unchanged from the June 2008 news letter. You can
communicate your comments, questions and opinion to the Resort
Improvement Board members via email or by attending the monthly
meetings which are held the 3rd Thursday at 9 AM in the RID office
building.
Mike Caldwell
--Tom Kelsey
--Roger Boedecker --Meeka Ferretta --Sean Finlay
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[email protected]
[email protected]
[email protected]
C/O [email protected]
C/O [email protected]
Shelter Cove
Property Owners Association
P.O. Box 246
Whitethorn CA 95589
Your SCPOA Web Site
There have been many updates and added links to your
SCPOA Web site. Check it out and gain valuable updated
information for Shelter Cove property owners.
http://sheltercovepropertyownersassociation.org
Fishing Report : The Year of the Halibut
This year has been an interesting year for fishing in Shelter Cove.
Along with the rest of California, Shelter Cove had basically no
Salmon season this year. This is of course, for good reason. For
future generations to enjoy the amazing sport fishing opportunities
that Shelter Cove offers, the population is closely watched by the
State. Crab season began December 1, and locals here are getting
their fill of fresh Dungeness crab. There’s nothing quite like making
and authentic “Lost Coast California Roll”. Just use some of that
cooked and chilled crab, a little rice, some cucumber and some
avocado slices. Roll it all tightly in some Nori (seaweed) from our
local store, and you’ve got a lunch fit for Rodeo Drive.
Have I mentioned the fact that we continue to be a destination for
abalone divers?
The good news is that with a year off, the salmon population is
hungry wild and ready! We have already heard rumors of a great
season next year, and I for one have began creating room in my
freezer.
Golf Report
The Shelter Cove Golf Course continues to operate with the RID
focusing on long term improvements for the course. The Golf Links
Honor system for collection of green fees via the Course “Iron
Warden” located at the entrance to the Pro Shop continues to prove
successful with over $6,600 collected as of early September. Thank
you to all “Honor Golfers” for your honesty and helping offset Golf
Links maintenance costs.
Without the honesty of visitors and locals to the Golf Links, the long
term viability of the course would be in jeopardy. Thank you to all
who use the Golf Links Course.
Pioneers
The Pioneers would like to announce that the new 2008 telephone
directories have been printed and are still available for purchase for
$5.00 at the RID office. The directory is a real asset to people who
own property in Shelter Cove. Pioneers provides the books as a
service to the community. They are free to Pioneer members. To
become a Pioneer send $10.00 along with your desire to join and
mailing information to Shelter Cove Pioneers 9126C Shelter Cove
Rd. Shelter Cove CA 95589. Thanks go to Cyndi Reese, Marilyn
McClure and Margaret Montante for an outstanding Phone
Directory.