Red Seal Homes Announces Preview of The Enclave At Sheridan Pointe
at Evanston-Wilmette Border
Luxury Single-Family Homes On Sheridan Road One-Half Block From Lake Michigan To Form Exclusive Neighborhood Near Baker Demonstration School Campus

Wilmette-Evanston, IL - (March 27, 2006) - Red Seal Homes of Northbrook has announced a preview of The Enclave at Sheridan Pointe, the company’s newest single-family neighborhood set on a portion of the former National-Louis University (NLU) campus, located on Sheridan Road and Maple, where Wilmette meets Evanston. The Enclave at Sheridan Pointe is adjacent to the Baker Demonstration School, one of the nation’s premier Pre K through 8th grade private schools, serving Evanston, Wilmette and the surrounding communities. Red Seal is planning 15 upper bracket single-family homes at Sheridan Pointe, projected to begin around $1.5 million. Pre-sales are scheduled to begin in late March. Pricing is preliminary and is subject to change.

“The Enclave at Sheridan Pointe will be a breathtakingly beautiful neighborhood, nestled on the border of Wilmette and Evanston, with the majority of the homes being located in Wilmette. We have created a plan that will augment and harmonize with both the existing architecture of the surrounding homes and the Baker Demonstration School campus,” said Todd Fishbein, president and CEO of Red Seal Development Corporation. “The home sites at Sheridan Pointe are located around the perimeter of the Baker campus and measure in total about three and a half acres, out of approximately seven acres for the entire property. This site is one-half block from the lakefront and is one of the last remaining buildable parcels so close to Lake Michigan. We’re very pleased to have worked with the Baker school to create what will be a stunning group of new homes in a long-established neighborhood.”

The homes at Sheridan Pointe will start about 3,200 square feet in size, with a range of stately two-story designs featuring all the amenities buyers expect in this price category. And, with some lots as large as a third of an acre, projected pricing will range from just under $1.5 to in excess of $2.3 million.

Each home will have three to six bedrooms; 3-1/2 or more baths; formal living and dining rooms; a library; a large family room with fireplace open to the kitchen and breakfast area; basement and two or three-car attached or detached garages. A spacious master suite in each home will have his and hers walk-in closets; a private sitting area and a luxury master bath with double bowl vanities; soaking tub; walk-in shower; linen storage and water closet.

“In the finest Red Seal tradition, the homes at The Enclave at Sheridan Pointe will have all the deluxe touches and quality inclusions that buyers want in homes of this caliber. Items such as granite kitchens with custom cabinetry and built in stainless steel appliances; baths with high-end designer fixtures and porcelain tile; extensive millwork
that includes crown moulding and window detailing plus a selection of the latest flooring materials including hardwoods, stone and marble are just some of the features that will be available in the homes at this community,” Fishbein said.

The exterior of each home at Sheridan Pointe will showcase brick, cut limestone or rusticated stone, authentic stucco and cedar materials. The homes are enhanced with architectural detailing that includes items like covered front entrances with columns; arched openings; decorative metal work; elegant rooflines with architectural shingles and custom wood-clad two-story and bay windows varying by plan selected.

When Sheridan Pointe officially opens in late March, sales will be conducted out of the Red Seal Corporate Office, located at 425 Huehl Road, Building 18, in Northbrook. Buyers can consult with a Red Seal representative about the floor plan features they are most interested in and work with the company to customize a layout that best meets their individual needs. Visitors can also review various architectural concepts for the homes at Sheridan Pointe and learn more about the community at redsealhomes.com.

“The Enclave at Sheridan Pointe will represent a unique opportunity for luxury homebuyers to purchase new construction in one of the most desirable locations in all of Chicagoland. We believe this community will generate significant and immediate interest. Interested parties should act quickly to avoid disappointment,” said Fishbein.

The Enclave at Sheridan Pointe is located near the Baker Demonstration School campus at Sheridan Road and Maple, where Wilmette meets Evanston. For more information or to sign up on the VIP interest list to be the first to receive more information about this community and the exact date sales will commence, call the Red Seal Corporate office at (847) 272-5600 or visit www.redsealhomes.com.

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About Red Seal Development Corporation:
For over 70 years, Red Seal Development Corporation has been developing communities and building homes throughout the northern suburbs, starting in Island Lake in 1934 and building a large portion of Northbrook’s homes in the 70s and 80s.  A constant innovator, Red Seal developed one of Chicagoland’s first environmentally sensitive communities called Hybernia in Highland Park in 1989.  Since then, the company has continued to grow and prosper, with the redevelopment of historic Fort Sheridan one of their most recent accomplishments.  Throughout its history, Red Seal has focused on quality construction and exciting designs and has received numerous Key Awards along with various community service and environmental awards.