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

April 9, 2010 By Leave a Comment

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.

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

March 24, 2010 By Leave a Comment

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.

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

February 25, 2010 By Leave a Comment

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.

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WaterSound New Homes On Market for February 15 2010

February 15, 2010 By Leave a Comment

5 Homes have come on the market in WaterSound Beach in the past week. 3 homes are new on the market and 2 are back on the market.

97 West Yatch Pond in WaterSound Beach just came back on the market as a short sale with lender approval. This is one of the few homes over 4,000sf in WaterSound and will not last long!

81 S Watch Tower Lane – $2.196mil

261 Gulf Bridge Lane – $2.165mil

38 Shingle Lane – $2.295mil

287 Salt Box Lane – $795,000

WaterSound Distressed Property Pick – 97 West Yacht Pond $1.843mil

WaterSound Beach Homes Market Analysis and Market Snapshot

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

If you are interested in a luxury home in WaterSound and would like to preview it or would like Team Baranowski to list your home for sale, please call Tracy Baranowski at 850.259.4270 or Craig Baranowski at 850.259.1788 or email us info@teambaranowski.com.

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St. Joe Sells Developer Lot in WaterSound Beach for a Steal!

July 17, 2009 By Leave a Comment

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!

Click HERE to View ALL Residential Lots for Sale in WaterSound

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.

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Tracy’s Top Luxury Home Pick June 19, 2009 Best Interior 2009 Parade of Homes – Homes in WaterSound

June 19, 2009 By Leave a Comment

This week Craig and I had the opportunity to view some homes in the 2009 Parade of Homes for Walton and Okaloosa County. This is a great event to see the latest designs and building trends. All the builders worked very hard on these projects to get them ready in time and it is definitely a must see if you are in town or a local in the area. All of the homes are amazing and we focused on the homes in our South Walton Area primarily the WaterSound and WaterColor homes. Every year these are our favorite homes to view. It is a lot of work and the builders deserve a pat on the back for making it happen in such a difficult market. The number of homes in the parade was down this year…however they had 31 great homes to view from Crestview to Sandestin to WaterSound.

This week I am going to start the list with three homes in the Parade of Homes since they were all amazing and each unique enough to make my list.

Home in WaterSound: Best Interior – 12 Shorebridge Circle by Dune Construction


David Lillienthal with Dune Construction did a wonderful job of building the 3,021sf WaterSound home for a second home owner. The interiors were amazing and designed by Kelly Porter-Smith of Porter-Smith Design. This house was also a Parade of Homes Blue Ribbon Winner. This WaterSound home had walnut floors, hand distressed cypress beams and columns, extensive wood walls, custom iron railing, custom cabinetry and lots of natural stone and tile throughout. This WaterSound Luxury Home was my Top Pick for Best Interior.

If you are interested in this luxury home in WaterSound or would like to preview other luxury homes in WaterSound. Please give Tracy Baranowski a call at 850.259.4270 or Craig Baranowski at 850.259.1788 or email  us info@teambaranowski.com.

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WaterSound Beach Club Membership Now Available For All Owners & Prospective Buyers

June 12, 2009 By Leave a Comment

On June 12th, 2009 WaterSound announced that they will be opening up the private membership to all current owners, as well as anyone who purchases property in WaterSound Beach, WaterSound West Beach or WaterSound North.

WaterSound property owners and current Sunset Members will be allowed to activate a new, recallable membership offering at WaterSound Beach Club. This offering will be available to all property owners in WaterSound Communities and including St. Joe owned lots in Wild Heron. The recallable membership will be a new class of membership at WaterSound Beach Club. This membership will differ from the current beach club membership. The new membership will be recallable; therefore, non-transferable with the sale of the property.

This is very exciting news as the availability of WaterSound Beach Club memberships on existing properties will be an added benefit to the WaterSound community. If you have any questions or need furhter information, please call Craig Baranowski at 850-259-1788 or Tracy Baranowski at 850-259-4270.

If you are considering buying or selling a luxury beach home or condo, put the Team Baranowski advantage to work for you.

Team Baranowski – The strength of teamwork…the reputation for results!

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Research: This Month in Real Estate, May 2009

June 1, 2009 By Leave a Comment

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.

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Top Luxury Markets Stay Strong Amid Distressed Real Estate Market

May 28, 2009 By Leave a Comment

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.

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