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

Kurt avatar
Admin
6,653 views
http://www.emeraldcoasttours.com/59auburndrive - $6,949,000

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

Replies

40
RiverOtter avatar
got any pics?
#2
Re: A new record price for me

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


That is an amazing house :cool: :cool:
Joe Complete avatar
Beach Lover
#3
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 avatar
Beach Fanatic
#4
Re: A new record price for me

Sweet!!!
Beach Fanatic
#5
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 avatar
AdminAuthor
#6
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 avatar
got any pics?
#7
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??? :confused:
Kurt avatar
AdminAuthor
#8
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 avatar
Beach Fanatic
#9
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 avatar
AdminAuthor
#10
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.
peapod1980 avatar
percy
#11
Re: A new record price for me

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

This is the former "T-Time" in Grayton Beach. Recently remodeled, expanded, and renamed "Mystique Retreat".
wow. incredible!
i'm sure a lot of it is in the photography, though...
Beach Lover
#12
Re: A new record price for me

Saw a flier at the Starbucks on a gulf front home at Rosemary Beach. They are probably still there by the side window.

Sounded like a nice house, but just an outside shot.

$7,999,900

I am not sure what it says when you need to advertise a house like that in Startbucks :blink:
Beach Fanatic
#13
Re: A new record price for me

This is by far the nicest house at Grayton and has an unequalled view. It also has the advantage of a high, flat dune in an area where the storm surge tends to go through in two forks just to the east of the house. It has weathered a number of storms well. The house needed work before it was purchased by the present owners. They bought T-Time and the lot next door, where they built a new luxury home. I don't know how reasonable that selling price is, but Firenze (off-white house with dark blue trim, lots of weddings house) is also for sale and isn't nearly as desirable a location as the former T-Time is.

Coastal Properties has listings for both of these properties. The owner of Coastal Properties Real Estate (located in the former building that housed House of Art) is the daughter of the previous owner of T-Time and the lot. She will have all the scoop on the property.
Philip_Atlanta avatar
Beach Lover
#14
Re: A new record price for me

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


That is an amazing house :cool: :cool:

300k !!

Beautiful house!
RiverOtter avatar
got any pics?
#15
Re: A new record price for me

300k !!

Beautiful house!

Here we go $400,000 :!:
Miss Kitty avatar
Meow
#16
Re: A new record price for me

Here we go $400,000 :!:


ONE MIIIILIIIION DOLLARS!!!!
Beachlover2 avatar
Beach Fanatic
#17
Re: A new record price for me

Even if I got it for 1.5 mil - I would have to sell it because I couldn't afford the taxes and insurance on it!! I would have to be a flipper
Kurt avatar
AdminAuthor
#18
Re: A new record price for me

This is by far the nicest house at Grayton and has an unequalled view. It also has the advantage of a high, flat dune in an area where the storm surge tends to go through in two forks just to the east of the house. It has weathered a number of storms well. The house needed work before it was purchased by the present owners. They bought T-Time and the lot next door, where they built a new luxury home. I don't know how reasonable that selling price is, but Firenze (off-white house with dark blue trim, lots of weddings house) is also for sale and isn't nearly as desirable a location as the former T-Time is.

Coastal Properties has listings for both of these properties. The owner of Coastal Properties Real Estate (located in the former building that housed House of Art) is the daughter of the previous owner of T-Time and the lot. She will have all the scoop on the property.

It is Grayton Coast Properties - Coastal Properties is a different company.

I like the spot Firenze is in - you can see the whole town, public beach, and State Park:
http://www.emeraldcoasttours.com/544defuniakstreet
RiverOtter avatar
got any pics?
#19
Re: A new record price for me

Even if I got it for 1.5 mil - I would have to sell it because I couldn't afford the taxes and insurance on it!! I would have to be a flipper

Ain't it the truth :( . I think at $1.5Mil that would be around $16,000 to $18,000 / year for taxes :shock:
RiverOtter avatar
got any pics?
#20
Re: A new record price for me

ONE MIIIILIIIION DOLLARS!!!!

$2,000,000 :biggrin:
Beach Fanatic
#21
Re: A new record price for me

$2,000,000 :biggrin:

$2,000,001 :biggrin:
RiverOtter avatar
got any pics?
#22
Re: A new record price for me

$2,000,001 :biggrin:

:bang: $2,000,001.50 :biggrin:
shakennotstirred avatar
Beach Fanatic
#23
Re: A new record price for me

I just know that I am holding a winning Powerball ticket & plan to outbid all of you when I collect my winnings! You will all be welcome to visit anytime.
RiverOtter avatar
got any pics?
#24
Re: A new record price for me

I just know that I am holding a winning Powerball ticket & plan to outbid all of you when I collect my winnings! You will all be welcome to visit anytime.

Beautiful :floor:
Beach Fanatic
#25
Re: A new record price for me

I just know that I am holding a winning Powerball ticket & plan to outbid all of you when I collect my winnings! You will all be welcome to visit anytime.

That's the best deal yet! I'm printing out this offer right now so you can't go back on your promise! :floor:

But just in case you're wrong about that ticket........$2,000,001.75 :funn:
Rita avatar
margarita brocolia
#26
Re: A new record price for me

$2,000,001.50

$2,000,001.52 ............ Just my 2 cents! (Where'd the 2 cents icon go?)

Wait a minute! We're driving up the price! :floor: Suppose to wait till the end of bidding time to jump in! What are we thinking :doh:

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