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Cypress Dunes Lot- no buildout, great for builders/investors

csampsBeach Comber
3,425 views
Luckily for me, due to a series of "errors" (forgive me if that's not the correct word- I will call them right now since I can't think of another word pre-caffeine), during the sale and closing, I have a special lot with no buildout.

It's a lovely lot on the Cypress Pond in beautiful Cypress Dunes, which continues to get positive press regarding its beauty, amenities and location on 30-A. The club, though I have not used it personally, is gorgeous.

Per my attorney, (and it was also the opinion of the several other Walton county real estate attorneys who have looked at this) one could hold the dirt forever (which is a nice option currently- certainly saves on insurance, interest), use the builder of your choice- build it yourself even, and even build what you want, as long as it met design regulations, from what I understand per lawyer.

Truly, a special lot.

I would like to sell this lot to move on to other things; and will discuss a price. I have a bit in it, that of course, I would like to get back out. I would also entertain a partnership, perhaps with someone wanting to own, or a builder.

Replies

15
csampsBeach ComberAuthor
#2
Can anyone recommend a sign maker that make and install one nice wood sign?

I am putting a sign on my lot with the "no build-out" details. Hmm, I'd like to go as large as possible, but will have to check association code, so maybe need more than one reference.
GoodWitch58Beach Fanatic
#3
Smith Sign Shop, 267-1331 -- they always do a good job for me.
csampsBeach ComberAuthor
#4
thanks! can't WAIT to get it up there!
EwingBeach Comber
#5
I would like more information. We have been watching Cypress Dunes. Can you give me your contact info?
csampsBeach ComberAuthor
#6
love to talk w/ you...i sent private message.
csampsBeach ComberAuthor
#7
well, turns out no for sale or rent signs allowed. so thanks for the referral. guess won't need. actually, as much as i would love to put sign up, i think it makes for a prettier place to not have the clutter of signs.
Jdarg avatar
JdargSoWal Expert
#8
I love Cypress Dunes- very beautiful and classy. I drive through there if I am early for carpool line at Emerald Coast MS. I have always heard positive comments on this place.
JoshMclean avatar
JoshMcleanBeach Fanatic
#9
I have someone interested in a lot in Cypress Dunes. The problem is John Willis is the only builder allowed in there from what I understand. My guy said he didn't want to pay $350 a square foot to have Mr. Willis build a home. Please let me know if you have information differing from this.
csampsBeach ComberAuthor
#10
Good Josh, then your client should be very happy with my lot. I'll contact you directly and can fill you in on all details.

I agree, it is a beautiful development!
csampsBeach ComberAuthor
#11
just found out it's no problem for new owner to get title policy- so, guess that is another piece of the picture that are no restraints on my lot.....!!!!!!!

As I've known now for over a year +.
TheSheep avatar
TheSheepBeach Fanatic
#12
Luckily for me, due to a series of "errors" (forgive me if that's not the correct word- I will call them right now since I can't think of another word pre-caffeine), during the sale and closing, I have a special lot with no buildout.

It's a lovely lot on the Cypress Pond in beautiful Cypress Dunes, which continues to get positive press regarding its beauty, amenities and location on 30-A. The club, though I have not used it personally, is gorgeous.

Per my attorney, (and it was also the opinion of the several other Walton county real estate attorneys who have looked at this) one could hold the dirt forever (which is a nice option currently- certainly saves on insurance, interest), use the builder of your choice- build it yourself even, and even build what you want, as long as it met design regulations, from what I understand per lawyer.

Truly, a special lot.

I would like to sell this lot to move on to other things; and will discuss a price. I have a bit in it, that of course, I would like to get back out. I would also entertain a partnership, perhaps with someone wanting to own, or a builder.
Unlikely a candidate as I may appear, TheSheep was looking for exactly the same thing for one of my special baafreinds. Would you be so kind as to drop TheSheep an email to my name, insert between the "The" and "Sheep" the word"complete" and end with @gmail.com? Ever so kind of you, I owe you a pat. :blink:
Yellow Hammer avatar
Yellow HammerBeach Lover
#13
350.00 per square foot? Once again this realtor chooses a worst case scenario to make a point and worsen a market that does not need his help. There are houses on the Cypress Dunes Website and they are anywhere from 220 psf to 350 psf. He sounds like someone who is frustrated by his lack of success and slings stones at those who are high achievers. He needs to stick to things he knows about like.....well.....uh...you know...things that he knows about.
RambunksciousBeach Lover
#14
Is the price psf $350 including lot or $220 psf excluding lot?
These little details make a difference. If they dont have an answer for this question, it may be a hint to you.
Yellow Hammer avatar
Yellow HammerBeach Lover
#15
Those are building costs....hence the "My friend did not want to pay Mr. Willis 350.00 per foot to BUILD." Does not take a genius to cypher these hints.
TheSheep avatar
TheSheepBeach Fanatic
#16
Those are building costs....hence the "My friend did not want to pay Mr. Willis 350.00 per foot to BUILD." Does not take a genius to cypher these hints.
The cost to build, hard only, in the Panhandle, will range from a low of app. $115 psf of heated area. This will buy you a rather nice home, one that looks like this (cat not included).

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