821 Investments and Craig International opened Emerald Bay at Cedar Creek Lake, a gated community located on Cedar Creek Lake about an hour southeast of Dallas in Caney City.
The 44-acre development features 71 homesites, including 30 deep-water shoreline properties with direct water access. Interior lots have options for boat slips.
Developers have also implemented a “no short-term rental” rule for homeowners.
“This community was built for families who want more than just a lake house. They want a connected, active and peaceful lifestyle,” David Craig, managing partner of 821 Investments and founder and CEO of Craig International, said in a press release. “Emerald Bay is about preserving quality and serenity for generations to come.”
Lot prices range from the low $200,000s to the $700,000s. Custom homebuilders for Emerald Bay include Amber DiLane Homes, Keeter Custom Homes, Coastal Plains Estates and Ruffin Custom Builders. Duggan Realty Advisors is serving as the exclusive listing agent.
“There’s nothing like this at Cedar Creek Lake,” added Donna Smith of Duggan Realty Advisors. “East Texas was once thought of only as a secondary home market, but with Dallas just over an hour away, more families are choosing to make this their primary residence.”