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Shelter Cove Property Owners Association. P.O. Box 246 Whitethorn CA 95589

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Shelter Cove Property Owners Association. P.O. Box 246 Whitethorn CA 95589 The Silver Lining continued: Flat building lots can be found for around $50,000 or ... – PowerPoint PPT presentation

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Title: Shelter Cove Property Owners Association. P.O. Box 246 Whitethorn CA 95589


1
Shelter CoveProperty Owners Association. P.O.
Box 246 Whitethorn CA 95589
The Silver Lining continued    Flat building
lots can be found for around 50,000 or sometimes
a bit less. Its 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 opportunityIt'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. Theres no guarantee that the
governments 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. Thats 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
A Note From Your SCPOA BoardGreetings 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 mcldwll_at_aol.com Alan
Platt, Vice President and Treasurer
cliffhouse_at_saber.net Kenneth Klaas, Secretary
kklaas_at_sacto.com Kurt Wygant, Director
kurtwygant_at_msn.com Dan Paul, Director
lespauls_at_sabernet.com Richard Montante, Director
monte1534_at_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 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 200 PM at the RID
Community Center meeting hall.  Come and join us!
2
 
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//sheltercovepr
opertyownersassociation.org
The Resort Improvement District RID Updates and
Improvements. Late September rainfall brought
much needed relief to the water table and
Telegraph Creek, Shelter Coves 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 Districts 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 plants 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       ---   mcldwll_at_aol.com Tom
Kelsey          ---   tomnjoann_at_worldnet.att.net R
oger Boedecker --- boed_at_hohumm.netMeeka
Ferretta     ---  C/O   rid_at_sheltercove-ca.gov Sea
n Finlay --- C/O rid_at_sheltercove-ca.go
v
     
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.
Theres 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 youve 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.

Shelter CoveProperty Owners Association P.O.
Box 246 Whitethorn CA 95589
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