Back to Real Estate

Pelican Bay lot reduced to 65% below last sale!

Walton Native avatar
Beach Lover
2,137 views
We had a contract on this lot that fell through. Consequently the seller reduced the price from $115,000 to $99,900 about a month ago. The property has now been reduced again to $89,900! MLS 467181. The last sale in this subdivision in the MLS shows a sales price of $249,900 and it closed 3/9/2005. Pelican Bay is a gated subdivision located off East Mack Bayou Road just north of Sacred Heart Hospital. The subdivision has bay access, tennis courts, a picnic area and a dock. There is no build out time for this lot and the association dues are low at approximately $250 per year. Feel free to PM me if you would like any additional information.

Replies

8
Walton Native avatar
Beach LoverAuthor
#2
Reduced again to $79,000! MLS only shows 2 lots in North Santa Rosa Beach with a lower price but, nothing anywhere near these amenities.
MLS 467181.
grace avatar
Beach Fanatic
#3
Does it have the same drainage issues as Driftwood Eststes?
Walton Native avatar
Beach LoverAuthor
#4
I am not aware of any drainage issues. If someone knows of some please let me know, but I have not heard anything about drainage issues in this subdivision.
Beaudroix avatar
Beach Lover
#5
Walton Native - how many yards away is this lot from the bay access?
Walton Native avatar
Beach LoverAuthor
#6
The lot is approximately 200-250 yards from the bay access property. There are three lots between the subject property and the bay access property. It is also approximately 250 yards to the tennis courts. This lot sits almost exactly in between these two amenities.
Smiling JOe avatar
SoWal Expert
#8
I saw that price change yesterday, and wondered if you had forgotten about SoWal.com.
Walton Native avatar
Beach LoverAuthor
#9
I didn't forget, just took a little extra time.

Checking your forum account

Please wait while we verify your forum account.