Most people driving by the Mission Farms development just south of 103rd Street and Mission Road gaze at the million dollar-and-up homes, the new shops and restaurants, and wonder,”What’s next?” The most noticeable change these days (see picture above) is that the development is expanding to the west side of Mission Road. Mission Farms owners Doug Weltner and Mark Sutherland have sold 3.5 acres to Terry O’Leary and Steve Coon of Land Development Strategies LLC. They plan to build The Village at Mission Farms, a 215-apartment complex. About another 17 acres on that site is planned for 17 townhomes, a hotel, retail and offices.
That’s not all, as the entire development of Mission Farms is far from complete. Above, land just south of the luxury homes is being developed by Mike Fox. Called the Manors of Mission Farms, it includes townhomes and lakefront homes, and more office devlopment is coming to the east side, too.
Besides the retail and office, the tone of Mission Farms is still set by its large lots and stately homes that were built when the Saddle & Sirloin land was bought for development about four years ago. Anchored by large trees, rolling hills and lakes, a handful of homes are currently on the market, including this lake-front home (above) listed by Susan Fate of Reece & Nichols. At $2.2 million, it features five bedrooms, a four-car garage, swimming pool and outdoor living area.
Good stats: Residential real estate price trends (Pt. 1 of 2)
MetroWireKC has analyzed five years of home resale prices by ZIP code across metropolitan Kansas City, thanks to data from the Kansas City Regional Association of Realtors. While resale prices in 2009 remained below 2004 levels in many ZIP codes across the metro area, there are plenty of pockets where prices have shown stability during those five years. This week, MetroWireKC presents some of those places on the Missouri side. Next week, we’ll do the Kansas side. On the Missouri side, parts of Lee’s Summit are where home values have held up best during the past five years. Below are ZIP codes on the Missouri side with the best growth in resale home prices from 2004 through 2009:
| ZIP Code | Area of KC metro | 2004-2009 change in resale home prices |
| 64086 | central Lee’s Summit | 11.2% |
| 64064 | Lakewood & Lake Jacomo areas | 5.1% |
| 64081 | western Lee’s Summit | 3.5% |
| 64152 | Parkville | 3.1% |
| 64114 | Waldo, Red Bridge areas of KC | 1.4% |
| 64083 | Raymore | 1.0% |
| 64157 | Shoal Creek valley | 0.7% |
Homes in Reinhardt Estates boast charm, coveted location
Reinhardt Estates in Fairway boasts homes with Old World charm, such as this listing above at 6016 Windsor that’s directly across from Kansas City Country Club. Agents Donna Toma and Cathy Verschelden, both with Prudential, recently toured the home that’s listed for $699,000 by Pam Gyllenborg and Charlotte White of Prudential. Reinhardt also has seen many rebuilds in recent years, such as this stunning new home at 5846 Howe Drive. Listing agent Sara Armer (below) with Keller Williams shows off the exterior to Gwen Caranchini, also with Keller Williams.
