Sundown Lake is a private development in Appanoose County, 7 miles southeast of Moravia. Owned by Secluded Land Company, LLC, the development offers 2400 acres of land, including the lake which is a little over 400 acres. There are 350 lots, comprised of lake front, lake-view, and acreage with wooded areas. The Lake Association maintains the common areas around the lake which include a bathhouse and a sand beach. The yearly due for each member is $300. There are common boat slips as well that cost an additional $50 per year. Lake front property owners most often build their own. There is only one boat access to the lake, which probably helps in keeping the traffic on the lake to a minimum.
Lakefront lots range in price from around $40,000 to $124,000, depending on the size and location of the lot or acreage. Homes in the area range from $200,000 to $319,000, which also depends on the location. The amount of lake frontage a home has will raise the value, as will the scene of a lake-view property. Homeowners in the area sometimes rent their homes to vacationers for as much as $350 per night, depending on the size of the group.
The small town of Unionville is a little under 2 miles from the lake. With a population of 101 in 2012, the average value of a home in that area was $43,640, up from $25,000 in 2000. Average rent was $681. Since there are no public schools in Unionville, it is most likely a family would utilize the schools in Moravia.