Gulf Front Home in Rosemary Beach 78 South Green Turtle as Tracy’s Top Luxury Pick May 24 2010

One of the favorite parts of doing my weekly Top Luxury Pick is to choose the best of the best in premier luxury homes along the Emerald Coast. It seems most buyers are only interested in foreclosures and bank owned properties or getting steals. However, there are many buyers out there looking for only the best and most premier properties along the Emerald Coast. We have featured some of the most exclusive homes money can buy along the Emerald Coast: 279 Grayton Trails Road in Grayton Beach, 230 W Bermuda in The Retreat, 2488 Hwy 30-A in Seaside, 111 Little Redfish Lane in Santa Rosa Beach, and 113 Founders lane in WaterSound Beach

78 South Green Turtle Lane is a Gulf Front Luxury Home in Rosemary Beach and makes the best of the best list for the Emerald Coast. This exquisite Estate home in Rosemary Beach was meticulously renovated in 2008. This gulf front home was featured in "Southern Accents" and will take your breath away the moment you enter the property.

78 South Green Turtle in Rosemary Beach

Most Expensive Luxury Properties Along the Emerald Coast

Homes in Rosemary Beach

South Walton Luxury Home’s Top Luxury Home Picks for 2009

STUNNINGLY GORGEOUS ESTATE HOME located in the highly sought after development of Rosemary Beach. This "Southern Accents" featured home has been renovated from top to bottom. With the renovations completed in late 2008 the owners have been able to enjoy this Gulf Front home with its Estate Sized Lot and the 85 feet of Gulf Front Splendor in grand style. Living space of over 5000 square feet along with a spacious carriage house provides plenty of room for large gatherings or quiet times with your family. The new world class fresh air kitchen allows for ample space to test your culinary skills while you enjoy the Gulf Views and fabulous breezes. Tuck yourself away in the expansive Master Suite with its custom furnishings, bedding, draperies and remote control shades. Take time to gather your thoughts in the large private dressing room after bathing in the spectacular soaking tub while you take in the views of the blue waters of the Gulf. Guests have their choice of three retreats on the first floor. All have custom fabrics and designer baths ready for their enjoyment. Ascend the magnificent curving stairway to the 2nd floor where you can enjoy a movie in the Media Room/5th Bedroom for a movie or entertain in the Grand Room as you take in the panoramic Gulf Views. Relax in the living area or join the chef in the gourmet kitchen with its tumbled marble and bronze woven wall. Brand new chef quality appliances await your creative cooking skills or those of your staff. A newly expanded pantry features a Custom Bar and many other conveniences. The dining area is adorned with custom furnishings as well as estate sized Iron Chandeliers. With your favorite morning or evening beverage in hand enjoy the over sized verandas on the south and west sides of the home. You will often see a school of dolphins or the most fabulous sunset imaginable from these verandas. Enjoy a view of the grand gardens that were designed by a well respected landscape architect from the verandas as well. The Renovation and Interior Design were artfully overseen and completed by a well known designer. From the subtle color scheme to the high quality of the furnishings and finishes, this is a home that you and your family will love to call your own for many generations.

Tracy’s Luxury Hot Sheet for the Week of April 5 2010

Scenic 30-A's market is heating up for Summer with March sales launching our Real Estate market into full swing. There are many great deals happening along Scenic 30-A. We try to highlight some of the most interesting luxury deals and new listings to hit the market.

Check out our Hot Sheet Links that show the newest listings for the past 7 days…it is dynamic and always changing.

WaterColor Hot Sheet

Rosemary Beach Hot Sheet

WaterSound Hot Sheet

Luxury Homes on 30-A Hot Sheet

Luxury Condos on 30-A Hot Sheet

Just Sold

WATERSOUND – Compass Point #408 just sold for $1,550,000 and was offered at $2,095,000

VIZCAYA AT DUNE ALLEN – 1027 Vizcaya Drive just sold for $875,000 and was offered at $999,999

WATERCOLOR – 685 Western Lake Drive just sold for $1,500,000 and was offered at $1,695,000

Under Contract

BURNT PINE – 3281 Burnt Pine Lane under contract and currently offered at $1,595,000

WATERCOLOR – 174 Silver Laurel Way under contract and currently offered at $2,950,000

ROSEMARY BEACH – 20 Turks Lane under contract and currently offered at $1,099,000

SAND CLIFFS – 310 Sand Cliffs Drive under contract and currently offered at $1,200,000

SEASIDE – Seaside Penthouse C under contract and currently offered at $1,650,000

GULF TRACE – 148 Gulf Shore Drive under contract and currently offered at $1,760,000

ROSEMARY BEACH – The Lofts at Rosemary Beach Unit 3B under contract and currently offered at $599,000

GULF PLACE – 139 Emerald Ridge under contact and currently offered at $895,000

ROSEMARY BEACH – 38 Nevis Lane under contact and currently offered at $839,000

ROSEMARY BEACH – 73 Johnstown Lane under contract and currently offered at $1,389,000

WATERSOUND – 97 West Yacht Pond under contract and currently offered at $1,843,000

GULF FRONT SEASIDE – 2488 Hwy 30-A under contract and currently offered at $7,850,000 (March 2010 but noteworthy)

If you are interested in any of these luxury properties or if you are interested in Team Baranowski listing your home or condo. Please give Tracy Baranowski a call at 850.259.4270 or Craig Baranowski at 850.259.1788 or email  us info@teambaranowski.com.

Rosemary Beach Gulf Front Home 88 Windward Lane as Tracy’s Top Luxury Pick for April 5th 2010

Rosemary Beach Home 276 East Water Street as Tracy’s Top Luxury Pick March 22 2010

We have been busy going through dozens of luxury homes with customers in many of our favorite developments including WaterColor, WaterSound, Seaside and Rosemary Beach. This amazing luxury home in Rosemary Beach caught my eye specifically with its contemporary finishes and environmentally sensitive design. 276 East Water Street in Rosemary Beach was designed by Architect Gary Justiss and featured in Coastal Living Magazine in 2007. If you are looking for an amazing home on the south side of Rosemary Beach, this may be the home for you.

Home in Rosemary Beach 276 East Water Street

Rosemary Beach Market Analysis and Market Snapshot

Luxury Homes in Rosemary Beach

Originally a modest dogtrot cottage in Rosemary Beach, the home was modified & more than doubled in size to contain a mirror image of the original structure, connected by an atrium like breezeway which serves as the living area as well as the focal point. Enjoy the fabulous living room fireplace while looking out the huge wall of windows onto the cozy courtyard and fountain. Contemporary finishes, such as smooth, hand troweled stucco finishes on key interior walls mingled with horizontal, wide plank paneling, contribute to a sophisticated, yet casual atmosphere. Limestone counters, stainless steel appliances and custom, reeded wormy oak cabinets complete the kitchen's clean, modern design. Two master suites, each with private sleeping porches and large, inviting master baths are located upstairs. Both master baths include mosaic tiles and free standing soaking tubs, surrounded by river rocks.

 

276 East Water Street in Rosemary Beach Florida

4 Bedrooms | 3 Bathrooms

2,500sf

Built in 2006

Currently offered at $1,835,000

If you are interested in this luxury home in Rosemary Beach and would like to preview it or if you are interested in Team Baranowski listing your home. Please give Tracy Baranowski a call at 850.259.4270 or Craig Baranowski at 850.259.1788 or email  us info@teambaranowski.com.

Tracy’s Luxury Hot Sheet for the Week of March 22 2010

Now that the market is heating up for the Spring and Summer Seasons there are many deals happening along Scenic 30-A. We try to highlight some of the most interesting luxury deals and new listings to hit the market.

Check out our Hot Sheet Links that show the newest listings for the past 7 days…it is dynamic and always changing.

WaterColor Hot Sheet

Rosemary Beach Hot Sheet

WaterSound Hot Sheet

Luxury Homes on 30-A Hot Sheet

Luxury Condos on 30-A Hot Sheet

Just Sold

GULF FRONT – 281 Garfield in Grayton Beach just sold for $3,080,000 and was offered at $4,128,000

WATERCOLOR – 243 Western Lake Drive just sold for $3,100,000 and was offered at $3,395,000

WATERCOLOR – 37 Red Cedar Way just sold for $750,000 and was offered at $895,000

WATERCOLOR – 98 Scrub Oak Circle just sold for $899,000 and was offered at $899,000

WATERCOLOR – 75 E Summersweet Lane just sold for $523,000 and was offered at $523,000

WATERSOUND – 9 Tidepool Lane just sold for $1,816,000 and was offered at $2,295,000

WATERSOUND – 265 Salt Box just sold for $646,000 and was offered at $646,000

WATERSOUND – 238 Salt Box just sold for $505,000 and was offered at $575,000!!

 

Under Contract

ROSEMARY BEACH – 108 Bourne Lane under contract and currently offered at $987,900

ROSEMARY BEACH – 73 Johnstown Lane under contract and currently offered at $1,389,000

ROSEMARY BEACH – 20 East Water Street under contract and currently offered at $895,000

ROSEMARY BEACH – 40 Scout Lane 54-5  under contract and currently offered at $675,000

ROSEMARY BEACH – 32 Scout Lane 54-4 under contract and currently offered at $595,000

WATERCOLOR – 225 Western Lake Drive under contract and currently offered at $3,395,000

WATERCOLOR – 675 Western Lake Drive under contract and currently offered at $1,800,000

WATERCOLOR – 143 Pond Cypress Way under contract and currently offered at $1,050,000

WATERCOLOR – 93 E Summersweet Lane under contract and currently offered at $501,330

GULF FRONT SEAGROVE – 2734 CO Hwy 30-A under contract and currently offered at $2,100,000

If you are interested in any of these luxury properties or if you are interested in Team Baranowski listing your home or condo. Please give Tracy Baranowski a call at 850.259.4270 or Craig Baranowski at 850.259.1788 or email  us info@teambaranowski.com.

WaterSound and Rosemary Beach New Homes on the Market February 25 2010

8 Homes have come on the market in WaterSound Beach, WaterColor and Rosemary Beach in the past week. 5 homes are new on the market and 1 home in WaterColor and 2 homes in Rosemary Beach are back on the market.

235 W Lake Forest Drive in WaterColor – $899,000   Back on Market

162 West Water Street in Rosemary Beach – $1,049,000

102 Round Road in Rosemary Beach – $1,995,000  Back on Market

80 Round Road in Rosemary Beach – $1,550,000   Back on Market

20 Turks Lane in Rosemary Beach – $1,099,000

67 Salt Box Lane in WaterSound Beach – $1,595,000

92 Yacht Pond Lane in WaterSound Beach – $2,275,000

If the properties are not shown below it means that they have gone under contract or sold.

Rosemary Beach Home Sales Lead 30-A Luxury Homes Sales in January 2010

Rosemary Beach home sales in 2009 started off with a very slow start with only 4 homes selling in the first half of 2009! In January 2010 Rosemary Beach home sales outperformed the luxury markets of Seaside, WaterSound, WaterColor, Alys Beach and others. With 6 homes sold in January and 5 of them being over $1million, Rosemary Beach had a great month. As of this post Rosemary Beach has 9 homes currently under contract ranging from $585K to $2.5mil.

Rosemary Beach Luxury Home Market Analysis and Market Snapshot – This detailed report will give you a breakdown of the homes sold in the last 3 months, their days on market, current inventory and much more. It is an excellent resource if you are looking to buy or sell in Rosemary Beach.

 

Homes Sold in Rosemary Beach for January 2010

35 Dill Lane
1,911 sq ft
3 bedroom/3 bath
List Price: $799,000
Sold Price: $735,000
Sold Date: 1/15/2010
Price per sq ft: $385
Days on Market: 75
 

24 Bourne Lane
2,950 sq ft
4 bedroom/4.5 bath
List Price: $1,289,000
Sold Price: $1,075,000
Sold Date: 1/27/2010
Price per sq ft: $364
Days on Market: 60

16 South Belize Lane
3,278 sq ft
4 bedroom/4 bath
List Price: $1,595,000
Sold Price: $1,500,000
Sold Date: 1/15/10
Price per sq ft: $458
Days on Market: 420
 

32 S. Green Turtle 20-4
2,956 sq ft.
5 bedroom/ 4.5 bath
List Price: $1,895,000
Sold Price: $1,600,000
Sold Date: 1/15/10
Price per sq ft: $541
Days on Market: 207

 

280 Rosemary Ave
3,525 sq ft
5 bedroom/5.5 bath
List Price: $1,895,000
Sold Price: $1,650,000
Sold Date: 1/15/2010
Price per sq ft: $468
Days on Market: 26
 

49 Rosemary Ave
4,250 sq ft.
6 bedroom/ 5.5 bath
List Price: $2,300,000
Sold Price: $2,300,000
Sold Date: 1/29/10
Price per sq ft: $541
Days on Market: 123

If you are interested in buying a luxury home in Rosemary Beach or if you are interested in Team Baranowski listing your luxury home. Please give Tracy Baranowski a call at 850.259.4270 or Craig Baranowski at 850.259.1788 or email  us info@teambaranowski.com.

South Walton Beach Top 3 Homes Sold in January 2010

It is hard to believe that January 2010 has come and gone with Spring in the horizon. We will be publishing our monthly South Walton Real Estate Review towards the end of the week to see how the Real Estate Market is kicking off for 2010. Rental demand is high, bookings are coming in early for Spring and Summer and rates are holding steady. All signs are showing that we should have a great year for Real Estate and begin the slow and tenuous path to recovery. So far the most popular words from potential buyers are…"if I had known it would sell for that price I would have bought it." If you are waiting on the sidelines before you purchase that special property you have been watching for over a year…you may miss the best buying opportunity of our generation. The best deals and the premium properties are going…going…gone!

There were some excellent luxury home sales in the first month of 2010 and here is a quick recap of the Top 3 Most Expensive Homes sold in South Walton Beach:

#1 – 111 Little Redfish Lane. This exquisite lake front property was our featured luxury home pick in August 2009. This one of a kind home on Little Redfish Lake was an extremely popular home but only one lucky buyer was smart enough to snatch up this gem. Premier luxury properties like 111 Little Redfish do not come along very often and once they are gone…they are gone. 4,287sf was listed at $3,200,000.

 

#2 – 49 Rosemary Avenue. Rosemary Beach had a very slow start in 2009 with almost non-existent homes sales for the first 6 months. Prices finally began to fall and properties were snatched up by savvy buyers. 49 Rosemary Avenue was a spectacular Tom Christ designed home with majestic gulf views. 4,250sf was listed at $2,300,000.

 

 

#3 – 270 Garfield Street. If you wanted an incredible Gulf Front Home in historic downtown Grayton Beach for a steal…it is too late…and if you wanted an incredibly rare gulf front lot in historic downtown next to the house…it is also too late, as the buyer bought both the house and the adjacent gulf front lot at the same time. 3,717sf  listed for $2,495,000 and the lot was listed for $895,000. If you had been watching these two premier properties you definitely will be saying…."if I had known it would sell for that price I would have bought it."

 

There is never a better time to buy, with historic low prices and interest rates it does not get any better than this. Give Tracy Baranowski a call at 850.259.4270 or Craig Baranowski at 850.259.1788 or email  us info@teambaranowski.com and we can show you some the best deals in town!

Research: This Month in Real Estate, May 2009

Every month Keller Williams performs an in-depth analysis of the Real Estate Market. May 2009 was a critical month in Real Estate especially with home prices falling to 2003 level and the first signs of the market bottom are in play. This presentation looks at the National Real Estate Market. If you are interested in our South Walton market or specific areas including Grayton Beach, Seagrove Beach, Destin, Sandestin, Rosemary Beach, WaterColor or WaterSound, please call or email Craig or Tracy @ Team Baranowski 850.259.1788 or 850.259.4270.

Housing Market Offers Opportunities, Glimmers of Hope

Buying opportunities abound for value-savvy home shoppers in select markets across the nation, where prices have fallen to 2003 levels.  While home prices are still declining on a year over year basis, they are falling at the slowest rate in five months, which indicates a degree of stabilization compared to recent months.

Attractive prices, coupled with strong affordability and mortgage rates below 5%, translate to more buying power for home buyers. Buoyed by the $8,000 federal tax incentive, first-time buyers represented the majority of transactions closed last month. Their activity is expected to remain high and reduce the glut of homes on the market.

According to Charles McMillan, “Compared to a year ago, the typical family can pay much less in mortgage costs for the same home, or buy a better home without necessarily increasing their monthly payment. For buyers who’ve been on the sidelines and have good jobs, the market has never looked more favorable. Home ownership has always offered immediate benefits and long-term value, but the advantages in today’s market are unique.”

Another positive factor is the return of the jumbo loan. For nearly a year, it has been almost impossible for buyers to find financing for homes selling for more than $417,000. Bank of America recently began offering a 30-year fixed rate jumbo at less than 6 percent. Other banks are starting to follow suit.

Home sales and other consumer spending data combined with big earnings at some banks indicate that the U.S. economy is on the road to a gradual recovery this year. “The economy is still very weak, but there are some encouraging signs that support cautious optimism,” said Dennis Lockhart, president of the Federal Reserve Bank of Atlanta.

Click here to download complete report: This Month in Real Estate, May 2009

If you are considering buying or selling a luxury beach home, put the Team Baranowski advantage to work for you. If you have questions, our team is always available – 850.259.1788 or 850.259.4270. If you are interested in distressed property including short sales and foreclosures click here.

Top Luxury Markets Stay Strong Amid Distressed Real Estate Market

Luxury home markets that continue to stay strong and see steady price gains are areas that have predominately not seen a large increase in new development over the past five years. Here is a quick glimpse of the top five luxury home markets based upon price gain from 2008 and published by Forbes.

The top price gainers for the luxury market are:

1. Mendham, NJ +11.7%

2. Menlo Park, CA +11.6%

3. Los Angelas, CA (West Hollywood) +7.1%

4. Chappaqua, NY +6.5%

5. Los Angeles, CA (Hollywood Hills) + 5.1%

One important factor that are influencing price increases is the lack of distressed home sales in their specific luxury market. Three of the top areas on this list were in California’s Menlo Park, West Hollywood and Hollywood Hills areas. These luxury homes have primarily been unaffected by California’s wave of foreclosures. California is the number one state that has been hit hardest with distressed properties in the nation. Average home prices are down over 40% in California. However, the pockets of luxury home communities have remained strong.

Luxury homes in South Walton which include the areas of South Walton East and South Santa Rosa Beach encompass the beach communities of Seaside, Blue Mountain Beach, WaterSound, WaterColor, Rosemary Beach and Grayton Beach have declined close to 18% on a price per square foot basis.

Jan 1st 2008 thru May 31st 2008

62 Homes sold over $700,000

$1,272,000 Median Sales Price

$536 per square foot

Jan 1st 2009 thru May 29th 2008

39 Homes sold over $700,000 [38% drop in sales volume]

$1,200,000 Median Sales Price

$440 per square foot

Although the numbers in South Walton are down for luxury homes, we are seeing pockets of communities remaining strong including sales in WaterColor. As we continue to sell available inventory we are seeing prices stabalize and anticipate increased sales volume through the summer of 2009.

If you are considering buying or selling a luxury beach home, put the Team Baranowski advantage to work for you. If you have questions, our team is always available – 850.259.1788 or 850.259.4270.