SMITH MOUNTAN LAKE - As each number was called, someone hurried up front to claim their prize, the deal of a lifetime.
More than three hundred people showed up at the Waterfront Country Club for their chance to buy a Bridgewater Pointe Condo for 30%-40% off the assessed value.
How it worked is each person drawn picked the lake pad they want and put in a contract on it for the discounted price. Then they have 30 days to get financing and close the deal.
Local business owner Betsy Head said, “We went into this with my husband’s brother and his family just hoping to get pulled once, and split the property together.”
Betsy got her name called not just once or twice, but five times, but she doesn’t plan on buying them all herself.
“We’ve got a lot of family that may want to pick these up and have a vacation home on Smith Mountain Lake," said Head.
Leslie and Barbara Johnson were overwhelmed when their number was called.
“I was like huhhhhhh, ha ha, I just couldn’t believe it because I was watching them all get marked off and I thought we’re not going to get one, but we did," said Leslie Johnson.
“We can’t wait. I mean, we have been afraid to get excited and we wanted a big balcony and we got a big balcony, so we’re tickled," said Barbara Johnson.
Barbara’s buying the ground floor condo and says their move to the lake has a special meaning.
“My husband, her dad, died last August, so this is kind of our splurge to come to the lake and enjoy Smith Mountain Lake," said Barbara.
Many went home empty handed but a select save hundreds of thousands of dollars on a hot spot at Smith Mountain Lake.
Prudential Waterfront Properties accepted applications to be put in a lottery for the condos back in May. The homes are located on Smith Mountain Lake in the Bridgewater Pointe Community, right next to the Bridgewater Plaza.
There were 48 three and four bedrooms homes being offered, some starting as low as two hundred thousand dollars.
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