A new record price for me - $6,949,000

[Kurt]

http://www.emeraldcoasttours.com/59auburndrive - $6,949,000

This is the former "T-Time" in Grayton Beach. Recently remodeled, expanded, and renamed "Mystique Retreat".

 

[RiverOtter]

Re: A new record price for me

I want it and I will start the bidding at $100,000.... nope $200,000


That is an amazing house

 

[Joe Complete]

Re: A new record price for me

According to waltonpa.com they paid $2,500,000 in March of 2004. Not a bad return if they get anything close to their asking price. It is a large lot, .89 acres.

 

[CastlesOfSand]

Re: A new record price for me

Sweet!!!

 

[wetwilly]

Re: A new record price for me

Totally awesome. Does anybody know what the condition was before the renovations and addition (doubled the Sq Ft). What a view and the owner should be proud of the place and the price shows that they are!!! :clap_1:

 

[Kurt]

Re: A new record price for me

According to waltonpa.com they paid $2,500,000 in March of 2004. Not a bad return if they get anything close to their asking price. It is a large lot, .89 acres.

The lot next to it is for sale for $3.5 Mil, and the one behind it for $2.5 MIL. They were probably part of the parcel, but were not included in the 2004 sale.

It was on the market for quite awhile before that.

 

[RiverOtter]

Re: A new record price for me

Totally awesome. Does anybody know what the condition was before the renovations and addition (doubled the Sq Ft). What a view and the owner should be proud of the place and the price shows that they are!!! :clap_1:

You gonna try and out bid me???

 

[Kurt]

Re: A new record price for me

Totally awesome. Does anybody know what the condition was before the renovations and addition (doubled the Sq Ft). What a view and the owner should be proud of the place and the price shows that they are!!! :clap_1:

It was in fair condition and was a rental. I have before and afters.

 

[iwishiwasthere]

Re: A new record price for me

With that type of investment, how would it fare during a Cat 1 hurricane or tropical depression? Would it depend on the storm surge?

 

[Kurt]

Re: A new record price for me

With that type of investment, how would it fare during a Cat 1 hurricane or tropical depression? Would it depend on the storm surge?

It's been through many storms. They've lost some dune and could lose more from future storms if they came in the near future. The house itself is very high.