Modern Home Builder - Winter 2016 - Volume 2 - 23
The company's first project was a $175,000 small renovation
and addition to a historic 1903 Arts & Crafts house in which Fenton did most of the work himself along with a small crew he directed. Fenton is a very talented carpenter and mason and there
are not many pieces of heavy equipment in his field he cannot
operate himself, he notes.
Once the national economy began to recover, Twin Oaks started
to see increased interest in its custom home projects. After its first
few years in business, the company was also able to find financial
backers for its own speculative luxury home projects.
"We started out at the bottom and grew because of our hard
work and having the right product," Fenton says. "There's a true
appreciation in this market for an extremely well-built, traditional
and sustainable home with exquisite finishes."
A NICHE IN LUXURY
Headquartered in Hartsdale, N.Y., Twin Oaks focuses on building
custom homes primarily in the communities of Scarsdale, Rye, Armonk and Chappaqua, N.Y. The company's homes range in value
from $4.5 million to over $20 million.
During the company's early years, roughly 90 percent of its
"There's a true appreciation in this
market for an extremely well-built,
traditional and sustainable home
with exquisite finishes."
work was for third-party property owners, with the remaining
being speculative single-family homes. The majority of Twin Oaks'
projects now are speculative that involve buying existing properties; demolishing the functionally obsolete structures; and building, marketing and selling new homes.
"We are a super-high-end luxury, one-of-a-kind custom builder," Fenton says. "Our clients are probably in the top five percent
of America's 'one-percenters.'"
With such an elite client base, it is imperative that the company
put its best foot forward in terms of the quality of its homes as well
as the level of its overall services. "One of the things I identified
Winter 2016 Volume 2 www.mhb-magazine.com