I am in the WaterColor database as some of you are so I called and spoke to one of the folks in sales. According to the guy I spoke to (forgot his name), the "Final Release of Phase I Lots" is just 4 lots to the west of the sales office close to or on the north side of 30-A. He said that these were released in parallel to a larger number of lots in Phase III and Phase IV.
He was very nice and not playing the salesman speel at all. When I asked him how things were going he was honest and said that it was "very slow" in the last few weeks....due to the Katrina disaster....but I (he) thinks there are deals to be had in WC and WS and that if you buy now....in 3-5 years you will be very happy that you did...". He also said that there were some resales in WC that were considerably below the Joe listed lots and that those were people "knee jerking" and just trying to dump the lots now.
When I asked him about the pricing on the Phase I lots, he said he would send me the price listings via email in a few minutes (that was 3 hrs ago) and I have not seen anything, yet. Hotmail is slow even when people send stuff immediately (what do you want from free mail). When I asked about WaterSound, he said things were moving along at a brisk pace on the amenities (pool, gulf side clubhouse etc) and that final approvals on building on "several" houses are being completed and we should see a couple dozen rooftops go up in the next 6 months.
Joe's website shows a price point for lots in Phase IV at $600k. With the Phase IV quite a ways north of 30-A and the Phase I lots "on" 30-A, the Phase I lots are certainly going to be quite a bit north of $600k. Not sure if that is a starting price and the sand and other aspects of the lot are extra
but here is the info from their website:
Dear Friends of the WaterColor Community,
The final release of JOE home sites in 2005 is planned for Wednesday, August 24. For you, our valued customers, we would like to share these opportunities with you now:
Last opportunity for Phase I home sites located on Scenic Highway 30A in Town Center. Phase I of WaterColor includes the WaterColor Market, shops and BeachClub.
Last opportunity of lakefront and lake view home sites in Phase III of WaterColor. Phase III is located north of the Western Lake bridge, across from the BaitHouse Restaurant, pool and BoatHouse.
Phase IV WaterColor home sites starting below $600,000. Phase IV includes WaterColor Crossings retail center.
Should you be interested in receiving additional information on this release, please respond by email to
info.watercolor@joe.com , or contact your WaterColor Sales Associate toll free at 877.459.4537 or 850.231.6500. We look forward to further discussing this much anticipated final 2005 release.
With Best Regards,
Tom Dodson
Vice President Sales, West Florida