From Dream to Reality: The Tenhulzen Reserve Success Story
Mike & Traci Tenhulzen turned their vision for a unique home into a celebrated landmark with the help of Legacy financing.
In the picturesque heart of wine country, Mike and Traci Tenhulzen dared to dream big. They envisioned more than just a home; they saw a unique space that would be both a personal sanctuary and a business showcase. Faced with the complexity of custom construction, financing hurdles, and numerous setbacks, their journey took an unexpected turn when they found Legacy Capital Group—a lender willing to see beyond the usual parameters.
A Unique Vision: Creating a One-of-a-Kind Home and Office
Blending Personal and Professional Spaces
The Hollywood Manor at The Tenhulzen Reserve was more than just a home. It was an imaginative project intended to harmonize with the beautiful valley in which it resides. Mike and Traci envisioned a series of themed rooms, each offering a different sensory experience. From the industrial room, where a steel I-beam remains exposed to create an authentic industrial vibe, to the nautical bathroom with its bubble-like circular tiles, and the rustic log cabin room, every corner was designed to captivate and surprise.
“Everywhere you go, every corner of this manner, there’s a surprise,” Traci noted. “It’s an element of remodeling that our company does, and we’re proud of that.”
One of the stand-out features of the property is its dual function. Initially, an existing 1700 square foot house served as the base structure. An additional 52100 square foot expansion allowed the rest of the original home to be converted into their business office. With this creative integration, the Tenhulzens were able to operate their business on the same property, using their home as a showcase filled with their innovative designs and installed product.
The Financial Hurdle: Struggles with Traditional Lenders
Navigating the Complicated World of Financing
Despite their clear vision, Mike and Traci encountered numerous obstacles on the financial front. Permits alone took six to eight months to secure, but the real challenge was finding a lender who understood and supported their unique project. They went through multiple banks, each cycle taking months, and struggled significantly during this period.
“We had to get three appraisals on this property because they couldn’t find another piece of property that was similar to ours,” Traci remarked. This unusual characteristic made traditional lenders wary.
The Turning Point: Discovering Legacy
A Lender with Vision and Flexibility
It wasn’t until their project was well underway—almost ready for roofing—that they came across Legacy. Shannon from Legacy fondly remembers how far along the project was before they got involved. “The home had already gone vertical before they even talked to us. It was quite a bit down the road, which most lenders don’t like to do.”
Legacy’s willingness to look beyond conventional lending parameters stood out. Shannon explained, “There’s nothing like Mike and Traci’s home. You could go 100 miles from here, and you’re not gonna find another home in wine country that’s zoned commercial residential.”
This flexibility to see the potential for repayment beyond standard frameworks was crucial. “Being able to look past the project and say, okay, will Legacy be able to be repaid when this home is done? And if that answer is yes, that is a transaction that Legacy is interested in,” Shannon articulates.
Building Trust: A New Relationship with Legacy
A Seamless Experience
When Shannon assured Mike and Tracy that Legacy had their backs, it was hard for them to believe. “I was like, oh man. I’ve heard that before,” Mike confessed. But the experience with Legacy was different. They found the process seamless, which massively alleviated their stress levels. Tracy noted that Legacy provided encouragement during their lowest points, attributing a sense of warmth and empathy to their approach—a feeling often lacking in the finance world.
“It opened doors to allow our stress level to go down, enabling us to finally do what we wanted to do,” Traci shared. “With Legacy, it was different. I felt like there was a bridge of warmth, a hug.”
A Lasting Legacy: More than Just a Home
Achieving More than They Dreamed
Beyond just financing, Legacy helped turn Mike and Traci’s vision into a long-lasting reality. Shannon considers it an honor to be part of their journey. “Their vision is going to live on forever, and I got to be a small part of that. That is something I take pride in having on Legacy’s reputation.”
Mike and Traci’s journey wasn’t a straightforward one, but with the help of Legacy, they managed to overcome significant hurdles to create the Tenhulzen Reserve Success Story.
In the end, Traci sums it up perfectly: “It was great that we were introduced to Legacy when we did. Otherwise, we’d be sitting and framing.”
The Tenhulzen Reserve success story stands as a monument to what can be achieved when visionaries find the right partners to help bridge the gap between dreams and reality.
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