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JB

Beach Fanatic
Nov 17, 2004
1,446
40
Tuscaloosa
Re: A few Spring photos - 4/9/05

Smiling JOe said:
Who here thinks the value of Charlie's home is in the land itself?

In most cases, you would be right. But that house has to be a minimun of 10,000 square feet. In this case, I am gussing the lot is worth around $3-4 million, and the home probably in excess of 10 million. Comparatively speaking, our little fractional at Blue Mountain has around $80,000 structural and a $1.5-million land value.
 

Smiling JOe

SoWal Expert
Nov 18, 2004
31,648
1,773
Re: A few Spring photos - 4/9/05

JB said:
In most cases, you would be right. But that house has to be a minimun of 10,000 square feet. In this case, I am gussing the lot is worth around $3-4 million, and the home probably in excess of 10 million. Comparatively speaking, our little fractional at Blue Mountain has around $80,000 structural and a $1.5-million land value.

JB, have you been drinking again? The house sits on 4 Gulf-Front lots in an upscale subdivision with Gulf-front lots priced around 4 million each, when available. Even if they were only $3Million each, that still totals to $12 Million.


By the way, has anyone ever noticed that each of the 4 lions, guarding the entrance to Paradise by the Sea, is missing a leg? Does anyone have 4 extra lion legs stashed at their beach house?
 
Last edited:
Re: A few Spring photos - 4/9/05

Smiling JOe said:
JB, have you been drinking again? The house sits on 4 Gulf-Front lots in an upscale subdivision with Gulf-front lots priced around 4 million each, when available. Even if they were only $3Million each, that still totals to $12 Million.


By the way, has anyone ever noticed that each of the 4 lions, guarding the entrance to Paradise by the Sea, is missing a leg? Does anyone have 4 extra lion legs stashed at their beach house?

We noticed that while biking through there last year :sosad:
 

JB

Beach Fanatic
Nov 17, 2004
1,446
40
Tuscaloosa
Re: A few Spring photos - 4/9/05

Smiling JOe said:
JB, have you been drinking again? The house sits on 4 Gulf-Front lots in an upscale subdivision with Gulf-front lots priced around 4 million each, when available. Even if they were only $3Million each, that still totals to $12 Million.

Wow. That was certainly a polite reply. I have no idea how many lots it sits on, Joe. I have only seen the house from 30-A. Hard to tell size from that distance. My point was - and I think it's a valid one, that as a rule, land values normally surpass structural values for gulf-front lots. I guess I should apologize for getting into your area of expertise. :dunno:
 

Smiling JOe

SoWal Expert
Nov 18, 2004
31,648
1,773
Re: A few Spring photos - 4/9/05

JB said:
Wow. That was certainly a polite reply. I have no idea how many lots it sits on, Joe. I have only seen the house from 30-A. Hard to tell size from that distance. My point was - and I think it's a valid one, that as a rule, land values normally surpass structural values for gulf-front lots. I guess I should apologize for getting into your area of expertise. :dunno:

I'm just giving you a hard time. Thanks for handling it so well :D
 

CampCreekLou

Beach Lover
Feb 25, 2005
214
33
Charlie Hilton:

"My goal is to build a massive, ugly, concrete structure for all to see that will far outlive me."

I think he's succeeded!

C.

;-)
 

Kurt

Admin
Staff member
Oct 15, 2004
2,307
4,975
SoWal
mooncreek.com
CampCreekLou said:
Charlie Hilton:

"My goal is to build a massive, ugly, concrete structure for all to see that will far outlive me."

I think he's succeeded!

C.

;-)



Do I detect sarcasm from Lou who does not like the building?
 

Smiling JOe

SoWal Expert
Nov 18, 2004
31,648
1,773
If grading only on creativity, Charlie gets five stars. I guess he grew tired of seeing the same rectangular boxes being built over and over again. I don't think he has any right angles in that structure.
 
Smiling JOe said:
If grading only on creativity, Charlie gets five stars. I guess he grew tired of seeing the same rectangular boxes being built over and over again. I don't think he has any right angles in that structure.

We like the house next door much better. I heard that it was Michael Jordan's but I doubt it. I've yet to hear anybody say "Hey, just ran into Michael Jordan walking down the beach" :roll:
 

Smiling JOe

SoWal Expert
Nov 18, 2004
31,648
1,773
There is a better chance that it is Brittany Spears' than Jordan's, but it is not hers either.
 
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