Home in Retreat 143 St. Lucia Lane as Craig’s Top Distressed Property Pick December 4th, 2009

Back on the market for $3,300,000

This weeks top distressed property pick was a previous top luxury pick of ours in September 2009 and now it is a Short Sale! There have been some amazing multi-million dollar luxury home steals this year and this could be one of them. We saw 186 Banfill in Grayton Beach go under contract in a few days from it being a short sale. It was offered at $3.9Mil or $1mil under appraisal! This week’s Top Distressed Property pick brings us to one of St. Joe’s original Luxury developments along Scenic Highway 30A in the Retreat. This is a favorite development of mine as the serenity and seclusion of the property is unique to all other developments along Scenic Highway 30A. The Retreat is a top area for the ultimate in luxury homes in South Walton Beach. This home is amazing and can be purchased for a great deal!

Click Here to view 143 St. Lucia Lane in the Retreat Luxury Home MLS Listing

Most Expensive Distressed Waterfront Homes

Built in 2001 4,400 sqft, 4 bedrooms & 5 full and 1half bath. 143 St. Lucia Lane in the Retreat is currently offered for $4.29 million. Offer Price reduced to $3.33mil. If you are interested in this luxury home in the Retreat or would like to preview it. Please give Tracy Baranowski a call at 850.259.4270 or Craig Baranowski at 850.259.1788 or email  us info@teambaranowski.com.