WaterSound is one of the premier luxury developments along the gulf coast. We saw land prices surge exponentially skyward in 2004 and 2005 with non-gulf front or water front lots peaking at just under $1 million. As the market in South Walton had hit all time lows we are seeing lot prices dip into the early 2004 range. Lots were selling in the low $300K range early in 2009.
Recently St. Joe set a new benchmark and the buyer of this lot got the deal of the year in WaterSound. 54 Shorebridge sold for $207,204!
Let’s look at this incredible buy – Purchase of this property included a WaterSound Beach Club membership. This was a St. Joe promotional free membership to the exclusive, private WaterSound Beach Club. The buyer recieved no initiation fees and no monthly dues for two (2) years! In addition to the WaterSound Beach Club membership incentive, The St. Joe Company also offered a new owner incentive program called “WaterSound Living”. Under this program, purchasers will be allowed to experience the best of “WaterSound Living” through the use of the GateHouse Residences at WaterSound Beach. This allows the buyer to purchase their WaterSound Beach homesite for tomorrow but start enjoying the “WaterSound Living” experience today. One can not beat this price with all the added incentives by St. Joe.
WaterSound Beach is 256 acres within its spectacular setting a natural place where all paths lead to the sea. Pathways and pedestrian bridges link the various neighborhoods of WaterSound Beach and allow for the enjoyment of protected woodland and conservation areas. The amenities of WaterSound Beach include beach access, neighborhood pools, putting greens at Puttering Park, a Yacht Pond and the Dunesider Grill. Also, located at the GateHouse, there is a Post Office, Fitness Center (for homeowners only), and the WaterSound Beach Cafe. Access to world-class golf is also available at two acclaimed JOE courses the Tom Fazio-designed Camp Creek Golf Club and the Greg Norman-designed Shark’s Tooth Golf Club.