Bear Lake Communication Update - as of December 16th

BEAR LAKE RESERVE SALES OFFICE TO OPEN ON PROPERTY
Staff Moves from Sylva Sales Office

TUCKASEGEE, North Carolina (December 10, 2008) The sales office of Bear Lake Reserve, a Terramesa Resorts community, will move from its Main Street location in Sylva to the property itself on December 12. “This will make our entire team immediately accessible to owners, guests and prospective purchasers,” said Mickey Luker, VP of Hospitality & Development of Bear Lake Reserve.

The vacation-home community of Bear Lake Reserve spreads over 2100 forested mountain acres and is designed for active families. With 13 ½ miles of shoreline, activities include swimming, boating, fishing, kayaking and water skiing. The community’s Lake Club has a fine-dining restaurant, a tavern, a theater room, a kids’ activity center, a fitness center and massage-treatment rooms. Outside, near the lakeshore, are a swimming pool and two hot tubs. In addition to a 9-hole Jack Nicklaus golf course, residents have access to over 23 miles of hiking trails, an outdoor amphitheater, a stocked trout pond and a park with tent platforms, teepees and other family-friendly features.

At the new on-property sales office, the sales team headed by Shannon Murray will be selling mountain lodges, cottages and custom home sites, at prices ranging from $200,000 to $800,000+. At full build out, it is expected that Bear Lake Reserve will have 800 residences. A rental program makes units available to guests on a nightly, weekly or monthly basis.

“We will miss our friends in Sylva, but we’ll still be a part of the community,” said Luker. “Our new location overlooking Bear Creek Lake gives folks a feel for why a home at Bear Lake is a vacation dream come true.”

The Bear Lake Reserve Sales Office will be open daily. For information and to arrange a property tour, call 828-293-0770 or 828-293-0880. Bear Lake Sales Office - 65 Southshore Drive/PO Box 96, Tuckasegee, NC 28783. www.bearlakereservevacations.com

ABOUT TERRAMESA
Terramesa Resorts is a privately held resort development and management firm specializing in exclusive active vacation destination communities. Its communities are easily accessible from major urban centers, and they offer real-estate options at a variety of price points. At each community the focus is on outdoor activities- from boating and biking to skiing and hiking- that lead to long-lasting memories for every member of the family. A wholly owned subsidiary of Macfarlan Capital Partners, in Dallas, Texas, Terramesa owns and operates resort communities in Texas, North Carolina, New Hampshire and Nevada. www.terramesaresorts.com, 214 932-3113. "Our Family Creating Memories for Your Family"