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Bayside Records Hot Sales for February Weekend

OCEAN VIEW, DE. February 8, 2005 – Carl M. Freeman Communities today announced a tremendous February weekend of home sales at Bayside, a waterfront golf community near Fenwick Island, Delaware.

Hot Sales for February Weekend

Included in this most recent property release at Bayside were 12 Delaware condominiums and 30 Chesapeake condominiums in the Sun Ridge and Commons neighborhoods. The result was more than $15 million in home and homesite purchases. Over $145 million in property has been sold at Bayside resulting in 345 home and homesite purchases since the community opened in June, 2004.

“Bayside is the most sought-after golf resort community in Southern Delaware,” said Patti Grimes, Vice President of Sales and Marketing for Carl M. Freeman Communities. “We have been delighted by the response we have received since our initial launch last summer.”

Bayside is a master-planned community located off Route 54 just west of Fenwick Island, Delaware. It will feature a Jack Nicklaus Signature Golf Course and consist of a mix of home types and a variety of high-end recreational amenities. Its unique town center will host both retail and office space. Designed with over 50% open space, it favors the protection of natural resources on the 867 acre property.

“To date, 345 new neighbors have elected to own at Bayside,” Grimes continued. “And many of them have joined on to become members at our Bayside Resort Golf Club which has 57 golf memberships and 176 sports memberships for the Jack Nicklaus Signature golf course that is scheduled to open this summer.”

Carl M. Freeman Communities has been developing resort communities on Delmarva for more than 30 years, building more homes at the shore than any other homebuilder. The name has become synonymous with responsible development, highest quality and lasting value.

The Bayside sales office, located on Route 54 just west of the Route 20 intersection, is open seven days a week from 9:00 AM – 5:00 PM. They can be reached by calling 1-877-436-9998. Information is also available on-line at www.livebayside.com.

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