WaterSound West Beach is Red Hot
No more than just a couple of years ago, WaterSound West Beach was an extremely promising, yet struggling development. It's a beautiful and bustling gulf front neighborhood with lots of building going on. It's sandwiched between the west side of better-known WaterSound Beach and the eastern end of Seagrove Beach.
Even though the community offers a beautiful natural environment which blends exquisitely with massive dunes and a wide secluded beach, lots just weren’t selling. Today however, WaterSound West Beach is finally coming into its own and the initial vision is becoming clear, thanks to a large increase in sales and an ever-growing buzz.
Between its inception and 2009, only around 30 of the 200 available lots in WaterSound West Beach had sold. Prices fell from the $700,000s to as low as the $100,000s in 2009, and many questioned investing in the development and considered other options.
Even with the market in the rocky condition it was, real estate investors, developers and buyers still continued to root for WaterSound West Beach- no doubt because of the excellent potential it offered. Even though it's a bit of a hike to the beach it is a nature lover's paradise. On the walk to the beach is a long boardwalk across a peaceful pond surrounded by coastal pine forest.
And sure enough, as the market crept back to life and building on Scenic 30A started to come back slowly but surely, WaterSound West Beach was back in business. In 2012 alone there were 43 sales including both homes and lots – with prices ranging from $142,500 to $300,000 for lots and $448,100 to $724,900 for custom-crafted homes.
These days, WaterSound West Beach is one of the most desirable locations for buyers who are looking to either build or purchase a dream home, and lots are selling consistently. Prices are obviously a little higher as it becomes more of a sellers' market, but it is still a fantastic time to be a buyer and there are some great WaterSound West deals to be found!
At RE/MAX Beaches we have worked with several happy WaterSound West buyers who are enjoying their new homes and excited for the future and any investment possibilities. We talk to people all the time who envision a place where the family can reconnect, enjoy life among the dunes, and spend lazy summer evenings on the porch. WaterSound West Beach is the natural choice.
For those who don’t know, WaterSound West Beach residents have access to the pristine beach via a private boardwalk, a spectacular private pool complete with barbecue facilities and a large outdoor fireplace, numerous parks, trails & boardwalks to the state-protected preserve, and Deer Lake State Park as an unobtrusive yet magnificent neighbor.
____________
This SoWal Beaches Real Estate Report brought to you by Remax Beaches, located at Redfish Village in the heart of South Walton, specializing in real estate from Panama City Beach to Sandestin and everywhere in between.
Comments
Just on a whim, one day in December 2011, we decided to stop by WSW and look at the model. We were amazed by the quality of construction and features of the model. But we hadn't sold our other house yet. We went by again in January and there were people in a frenzy to buy, especially some of the preferred lots. The prices had already gone up since December. I told my husband that I knew he'd think I was crazy (because we hadn't sold the other house), but I wanted to buy a lot and build a house there. He said he was thinking the same thing. So we signed a contract. We moved into our new home last month. We love the floor plan. We love the neighborhood -- the privacy -- the boardwalks for walking or riding bikes -- the friendly neighbors. I even know someone from Seagrove who likes to walk at WSW because it is just so pcturesque there. It is not that far to the beach -- 8 minutes when I walk with my gimp knee and 2 minutes on my bike. There's no stairs on the beach walkover (except one at the end), so you can just load up your little children and beach supplies in a red wagon, and head for the beach. The Deer Lake outfall near the end of the walkover is very picturesque. We will not rent this home, and actually I've meet many full-time residents. I like the fact that it is a gated community because I'm there alone a lot due to my husband traveling virtually every week on business. You'd better check it out. The lots are selling like hotcakes, and the prices are going up. The sooner, the better.
Post new comment