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LakeFront Cottage only $449,000!

Bobby J avatar
Beach Fanatic
2,513 views1
I felt compelled to repost this listing under a new thread because of the radical price drop. We are down to $449,000! This is well under any other lake front home in SoWal of this quality. If you would like a tour please give me a call. I will be glad to meet you at the cottage anytime. Home is 4 bedroom 4 baths and comes completely professionally furnished!

http://ecarmls.com/EmeraldReports/listings.asp?ID=4515889685







Replies

14
Bobby J avatar
Beach FanaticAuthor
#2
I think we are getting warm on this one!;-)
Bobby J avatar
Beach FanaticAuthor
#3
Are bumps allowed here! We have had some good showings on this home. May get offer on Tuesday!!!!!
DuneAHH avatar
Beach Fanatic
#4
Good Luck Bobby! Keep us posted!
(and I don't want it rumored around that you talk to yourself)
Bobby J avatar
Beach FanaticAuthor
#5
Good Luck Bobby! Keep us posted!
(and I don't want it rumored around that you talk to yourself)


You all are just jealous because the voices only talk to me. ;-)
njackie avatar
Beach Lover
#6
This "voice" drove over and looked and it does look like a great value!
DuneAHH avatar
Beach Fanatic
#7
You all are just jealous because the voices only talk to me. ;-)

:lolabove: Yep-Yep!! :funn:
Bobby J avatar
Beach FanaticAuthor
#8
Did we talk today? We showed this home 3 times today and I hear an offer is awaiting signatures!:clap: 2009 is already shaping up to beat 2008!
DuneAHH avatar
Beach Fanatic
#9
Hot DIGGETY!! :clap:
njackie avatar
Beach Lover
#10
what a great salesman you are! no wonder you are successful
Bobby J avatar
Beach FanaticAuthor
#11
Under contract with contingencies! This buyer got a great deal. They have 48 hours to remove all contingencies if we get a better offer so bring it. Closes in 30 days!
Franny avatar
Beach Fanatic
#12
Congrats Bobby J!!:clap:
Beach Fanatic
#13
bobby is not that house on eastern lake in the flood zone?

Edited

Bobby J avatar
Beach FanaticAuthor
#14
The majority of all homes on water are in a flood zone that is why many are built on pilings. The current home owner has flood insurance and pays $600 a year. You would be the first person I have shown it to that was not impressed with this property. The recent comps all put the value of home in the mid to upper 400's and the adjacent lot just sold for $200,000. It even passes the replacement test.
Smiling JOe avatar
SoWal Expert
#15
Flooding? I know of some older houses on that side of Eastern Lake which are built on concrete slabs, maybe four feet above the "typical" Lake level. They do get wet on the big storms. However, this house appears to be built at least one complete floor level above the ground. If we were hit with 25 foot storm surge, most of South Walton would likely be underwater. Personally, I think that price sounds like a steal, if I were looking for Lake living.

I'll add to Bobby J's thought, if you are scared of water, buy your house in Wyoming, not Florida. Florida is virtually surrounded by water.

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