scooterbug44 avatar
SoWal Expert
3,559 views
What's the dirt on this place? (across from Grecian Gardens) I took a swing through this afternoon and it looked nice, but rather sparsely built out.

Buildouts? Emminent bankruptcy? Draconian review board? Hidden gem? :idontno:

Replies

29
Bob avatar
SoWal Insider
#27
I like the development too... beach access is a big hangup for some I suppose, in that its a long ways away... like Cypress whatchamacallit, down east on 30A.... out yonder near the intersection of hwy 98 and the infinity edge pool somewheres
I came up with 3200 feet from Forest Lakes to the nearest access behind Goatfeathers vs. a hair over 6000 feet to Bishop St. access from Cypress whatchacallit down west[i believe] on 30a past Butler Elementary.
Beach Lover
#28
I have a friend that has a lot in there. Paid around $400K, looking to sell now at $200K with no takers. I think the lot sales were 90% "investors" :funn:
Beach Fanatic
#29
Yeah, so not so bad, 1000 yards... except the average home in Forest Parks is an additional 500 yards from the community entrance... certainly better than Cypress-John Willis...

in time, this property too, will become valuable - cleaning up the forced sellers could be a relatively quick process in South Walton... it could be done in a matter of 2 or 3 months -

As PCB continues to head lower even into late 2008 due to too many forced sellers, people who wanted in here are going to scratch their heads and wonder why So Wal real estate is bouncing - the protest that "PCB is still falling" is going to fall on deaf ears sooner than people I think expect.
By the Bay avatar
Beach Comber
#30
Hey all,
Our company is doing a lot of the homes now under, and about to start, construction in Forest Lakes. Our plans are not featured on their website. Just let me know if anyone wants to see some of our Forest Lakes approved plans. www.archiscapes.com
We've had some wonderful customers come to us to build in there and I think it is going to be awesome as more families jump in. We're seeing more families that want this to be their full time home.

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