Home in WaterSound 265 Salt Box Lane as Craig’s Top Distressed Property Pick for September 18th, 2009

Update: Sold for $646,000 in March, 2010

WaterSound Beach Short Sale! Back on the Market for $650,000!! December 10th, 2009

WaterSound Beach is truly one of my favorite places in Scenic 30A. The coastal cottage architecture of WaterSound reminds me of Martha's Vinyard and is my personal favorite architure of anything you will find in Northwest Florida. As with most areas WaterSound has seen the highs and lows of the market. At the height of the market residential lots were selling just under $1mil for non-gulf front lots! Today we see those same lots selling in the $300K range. Homes were selling in the $900 per square foot range and now we have seen homes in the mid $300 to $450 per square foot range. One of my all time favorite homes in WaterSound Beach recently sold as a short sale for $2.4 million. 52 South Founders Lane in WaterSound Beach. This 5,000sf home was originally listed for $6.9 million in 2007. This home defined WaterSound and was one of the most sensational homes along Scenic 30A. The buyer paid cash, and all I can say is they are one smart buyer. WaterSound Beach is an incredible gem along the Emerald Coast and in 5 years this community will be the most prominent and highly sought after development along the gulf coast.

HOME IN WATERSOUND BEACH 265 SALT BOX LANE

Homes  in WaterSound Beach

Condos in WaterSound Beach

This week I picked another short sale in WaterSound Beach as my top distressed property pick. 265 Salt Box Lane in an incredible 3 Bedroom 4 Bath home in the situated in the picturesque neighborhood of Crescent Keel, with its winding foot paths and lush, natural landscapes. This home takes advantage of the outdoors with relaxing porches and screened-in patios. This home lives much larger than the 1800 square feet it is. With its soaring 20 foot ceilings in the great room with a custom gas fireplace, to its stylish and maintenance-free, stained concrete floors, this home is the perfect beach retreat. The kitchen is a chefs delight with Stainless Steel GE Monogram appliances, all designed in a setting perfect for entertaining. Directly off the kitchen is a functional home-office space with custom millwork and granite tops. This home features three impeccably designed bedrooms, each with its own private bath, as well as a fourth, separate, full-bath for those extra guests. Two of the bedrooms are on the first floor and the master is located on the second level allowing for greater privacy. In addition, this home has a third floor tower with views of the Gulf of Mexico. Use this fantastic bonus space as a media room, bunk room or gathering area. One of only a few homes in Crescent Keel with its own detached garage located in the rear of the home. 265 Salt Box Lane Home in WaterSound Beach is a short sale and is being offered at $750,000. $650,000! You will not find many more homes in WaterSound for under $800,000. If you are interested in this home in WaterSound Beach or would like to preview other homes in WaterSound. Please give us a call at 850.25.1788 or 850.259.4270 or email  us info@teambaranowski.com.