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A new record price for me - $9,900,000

Kurt avatar
Admin
5,049 views1
The westernmost Gulf front house in The Retreat, St. Joe's first development in Walton County.

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

Replies

25
Beach Fanatic
#2
Wow. Awesome house and VT. Only $10M? This place would fetch $25M+ in Ca. or parts of South Florida!! Too bad I don't have a spare $10M. :cool:
steele mama avatar
Beach Fanatic
#3
That is a beautiful place!!

I hear you can pick up a Cessna Citation for about 7M.
Kurt avatar
AdminAuthor
#4
That is a beautiful place!!

I hear you can pick up a Cessna Citation for about 7M.

You could pay the remaining $2.9 Mil to Travolta to fly you around for the day. :lol:
Rita avatar
margarita brocolia
#5
Beautiful home and unsurpassed views!
steele mama avatar
Beach Fanatic
#6
You could pay the remaining $2.9 Mil to Travolta to fly you around for the day. :lol:
Sounds like a plan. ;-)
TooFarTampa avatar
SoWal Insider
#7
Wow. That is absolutely stunning Kurt.

What's going on in the background of the porch views? The housing in the distance -- is that the new Draper Lake development going up?
Kurt avatar
AdminAuthor
#8
Wow. That is absolutely stunning Kurt.

What's going on in the background of the porch views? The housing in the distance -- is that the new Draper Lake development going up?

That is Old Florida Beach on the other side of the lake.

Edited

Beach Lover
#9
Just received a flier in the mail on a beachfront home in Olf Florida Beach. No price but it HAS to be in the mid 7 figure+ range. 491 Old Beach Rd.

Spectacular!

Is that the same as Old Florida Village?
Rita avatar
margarita brocolia
#10
Just received a flier in the mail on a beachfront home in Olf Florida Beach. No price but it HAS to be in the mid 7 figure+ range. 491 Old Beach Rd.

Spectacular!

Is that the same as Old Florida Village?

Old Florida Village is North of 30-A and Old Florida Beach is beach side. Locals can pinpoint it for you more closely. OFB I'm pretty sure is west of Blue Mt. Beach and East of Gulf Place.
Smiling JOe avatar
SoWal Expert
#11
Old Florida Village is North of 30-A and Old Florida Beach is beach side. Locals can pinpoint it for you more closely. OFB I'm pretty sure is west of Blue Mt. Beach and East of Gulf Place.
You are correct, Rita. Old Florida Village is located slightly west of Goatfeathers on the north side of 30-A. Old Florida Beach is south of Goatfeathers.
imasunbum avatar
Beach Fanatic
#12
Its gorgeous - does anyone know who did the interior design?
John R avatar
needs to get out more
#13
Its gorgeous - does anyone know who did the interior design?

blake morar will, the listing agent.
Beach Fanatic
#16
We're not sure if we are going to close on the house mentioned here. There's something about the color scheme that my wife doesn't like.


I'm sure everyone fell for that.
Sally avatar
Beach Fanatic
#17
The asking price was $9.9 million.
After 99 days on the market, the home at 155 W. St. Lucia Lane in The Retreat sold for $9.15 million.
The gulf-front home?s selling price topped last?s month?s record sale of $6.39 million for a Southern Accent home in Rosemary Beach. Only 10 homes on the Emerald Coast have sold for more than $5 million. The house at The Retreat had the highest price of any home sold on the Emerald Coast, said Will Mayberry, marketing director for Destin Real Estate Co.
?The buyer was perfect for the property,? said Blake Morar owner of Destin Real Estate Company.
Most of the effort in selling a high end home is in marketing, said Morar, who used virtual online tours as a tool to allow outof-town buyers to view the 6,500 square-foot home.
Susan McGinnis of Coldwell Banker represented the buyers.
Smiling JOe avatar
SoWal Expert
#18
I hear that the seller (female) was quite upset that the house sold so quickly. She was hoping it would take a year, so that she could enjoy it for the entire 2006 season. I am serious, and that is funny.
Miss Kitty avatar
Meow
#19
I hear that the seller (female) was quite upset that the house sold so quickly. She was hoping it would take a year, so that she could enjoy it for the entire 2006 season. I am serious, and that is funny.

Like she wanted to move in????
Jdarg avatar
SoWal Expert
#20
I hear that the seller (female) was quite upset that the house sold so quickly. She was hoping it would take a year, so that she could enjoy it for the entire 2006 season. I am serious, and that is funny.

Geez, to have such problems....:roll:
TooFarTampa avatar
SoWal Insider
#21
I hear that the seller (female) was quite upset that the house sold so quickly. She was hoping it would take a year, so that she could enjoy it for the entire 2006 season. I am serious, and that is funny.

Think she has enough to rent a place? :idontno:
SGB avatar
Beach Fanatic
#22
I hear that the seller (female) was quite upset that the house sold so quickly. She was hoping it would take a year, so that she could enjoy it for the entire 2006 season. I am serious, and that is funny.

The seller is from New Orleans and owns multiple car dealerships there. Katrina was not kind to him and he is busy rebuilding the family business. I'm not sure how his wife feels about the whole thing! I think the house was finished just before the summer last year, so perhaps she got at least one summer's use out if it.

It really is a beautiful house and sits on one of the best pieces of gulf front property along 30A and possibly the whole panhande. However, there is another house in The Retreat that I think is in an even better location. It sits very high overlooking Draper Lake, the conservation dunes, and the gulf. What a view! And it has the added advantage of getting that great view while sitting nice and safe back (and high) from the gulf. If that one ever goes up for sale, I bet it would sell quickly.
Beach Comber
#23
Just curious, on sales of this amount or say 3 million + does the realty company do a flat sale fee or does the normal 5-6% apply ?
Beach Fanatic
#24
Just curious, on sales of this amount or say 3 million + does the realty company do a flat sale fee or does the normal 5-6% apply ?

Each listing agreement can be different.
swantree avatar
Beach Fanatic
#25
Depends on whether Blake Morar is an owner of the Real Estate Co. or not. The house next to it on the East side is very nice as well! they just overhauled it. Nice Bamboo floors and all!
sandflea avatar
Beach Lover
#26
Lot 22 just to the east is also available. 30 feet above sea level, numerous upgrades and finishes. Projected completion is May 2006. Visit www.retreatlot22.com if you'd like to see more on it. Contact info is on the website if needed. Can't wait to see this one finished!

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