Highest priced home in SoWal is sold!

[Smiling JOe]

FYI, the house in the Retreat, 155 West St. Lucia Lane, Blue Mountain Beach, Florida - MLS# 406866, which Kurt did a virtual tour on, went under contract the other day. List price $9.9 Million. Will the top dollar listings be tomorrow's best buys? We will soon see. The big spenders think long term and do not care so much about short term hiccups in the market. These long term thinkers are the ones that will outperform the "dayflippers."

 

[Kurt]

Re: Highest priced home in SoWal is pending!

Thanks for the heads up - here's the thread on it

http://www.sowal.com/bb/showthread.php?t=2079&highlight=record

virtual tour

http://www.emeraldcoasttours.com/155weststlucialane

 

[Miss Kitty]

Re: Highest priced home in SoWal is pending!

Oh Mr. Kitty...you shouldn't have!!!!! ;-)

 

[Chickpea]

$$$$ in the Retreat

Does anyone know anything CONCRETE about the house in the Retreat designed by Bobby McAlpine that was listed for about $10 million AND that supposedly was under contract..... I woudl love to know if it closed and if so for how much!!!!

 

[Smiling JOe]

Re: $$$$ in the Retreat

here is another thead on that house, and in this thread, Kurt has posted a link to his original thread on this house.

 

[Smiling JOe]

Re: Highest priced home in SoWal is pending!

The house closed on Friday at $9,150,000.

 

[Chickpea]

Re: $$$$ in the Retreat

Just saw it - Thanks and WOW!

 

[Beach Runner]

Re: $$$$ in the Retreat

I'm teaching a core class and we're doing amortization schedules. Here's the lab assignment:

QUANTITATIVE REASONING
IN-CLASS LAB
AMORTIZATION SCHEDULES
DUE 2/21


You?ve decided to buy your dream house on the beach at the Retreat in Blue Mountain Beach, Florida described at http://www.emeraldcoasttours.com/155weststlucialane/ that sells for $9,900,000. You?ll pay a down payment of 20%. Compute the monthly payment assuming that you take out a 30-year loan at 6.5%. Then construct an amortization table in Excel.

 

[Mermaid]

Re: Highest priced home in SoWal is pending!

I wonder who bought it?

 

[Miss Kitty]

Re: Highest priced home in SoWal is pending!

The house closed on Friday at $9,150,000.

Congrats to the lucky buyer! My mind still boggles at the price....