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Smiling JOe

SoWal Expert
Nov 18, 2004
31,644
1,773
...I would think most of the 64 units were bought as vacation homes and such. I wouldn't imagine it would be very often that you would have 64 occupied units all waiting in line at once for the ferry on the lake. But...you guys know by now I am a fan of this place, and I fully expect to get some grief about my optimism :D
That may be one over-crowded jungle cruise on Independence Day. :funn:

(Just having a little funn ;-) ) I, too, think the owners who buy to live there, will enjoy the heck out of their units.
 

Smiling JOe

SoWal Expert
Nov 18, 2004
31,644
1,773
Sherry - I am with you on this one.

We actually looked at Sanctuary a few years ago - before the land was even cleared and thought that it was a very beautiful, secluded place where you could really relax and enjoy the tranquility of a day in a place where time stood still. ...
That used to be true, before the large numbers of condos were built in that general area. Just wait until the Sanctuary By the Sea opens its doors. Those Blue Crabs and Laughing Gulls which hang out by the outlet to Big Redfish Lake, are not going to know what to think.
 

nmosley

Beach Comber
May 9, 2006
48
0
That being said, it is probably a good thing that we didn't end up there... As always, you have a very good perspective on things! naj :)
 

SHELLY

SoWal Insider
Jun 13, 2005
5,763
803
I'm expecting to see the developer auction off the bulk of the "unsold" or "walked-away-from-deposit" units--sooner rather than later....unless of course the developer has more money than common sense.

I would be interested in hearing how our realtors in the audience are planning to highlight the "pontoon to the beach" amenity--all things being equal, would it be mentioned before or after pointing out the granite countertops?:roll:

Maybe the developers can nominate the watercraft to appear on the new reality show sensation..."Pimp my Pontoon"...to drum up interest in the development.
 
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BlueMtnBeachVagrant

Beach Fanatic
Jun 20, 2005
1,382
412
....
Maybe the developers can nominate the watercraft to appear on the new reality show sensation..."Pimp my Pontoon"...to drum up interest in the development.
Shelly... You just redeemed yourself from all the negative real estate posts. You just actually made me laugh out loud !! :clap_1: Even showed it to my wife.
 

SHELLY

SoWal Insider
Jun 13, 2005
5,763
803
"PIMP MY PONTOON" RESULT


pontoon.jpg
 
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SHELLY

SoWal Insider
Jun 13, 2005
5,763
803
Residents of Redfish Sanctuary board pontoon for a pleasant junt to the beach.


Pontoon.jpg
 

SHELLY

SoWal Insider
Jun 13, 2005
5,763
803
Sanctuary at Redfish Pontoon commandeered by US Navy to patrol Tigris River in Baghdad.

pontoon.jpg
 

Unplugged

Beach Fanatic
Jul 31, 2005
519
0
Personally, I think it is pricey, but the views will be tremendous. Sitting off the beach, it is fairly protected. Only time will tell if it is a good buy. You may pick up a unit at a reduced price when they go to contract, because most people were speculating with this project. They would be happy to get their money back. Just my .02. If I were looking for a condo in which to spend my retirement, this, or those at WaterSound, may be it.

Wow - quite an endorsement ...from SJ! :D

Here I go with my pretty predictable opinion about the project ;-) I think the reason that more units haven't closed yet is similar to the reason so many closings are being delayed right now....market is slow, and some people are trying their hardest to delay. Unfortunately, I have seen so many people buying into investment properties over the past couple of years with a "flipping strategy" in mind, and never intended to close, or were probably not really financially in a position to be buying so much to begin with. If the market was still hot, these same people would be lining up to get their paperwork signed and get their properties on the market....since it's not that way, I am hearing horror stories of so many buyers trying seven ways from Sunday to get out of closing completely (forfeiting large EMD's) or whatever they can do to keep pushing it back.

Overall, I really like the development. I think it is beautiful and has a nice secluded feel that is hard to find with many developments using every inch of land to put as many units as possible. You don't look out of any of these units into another buiding or across to some one else's balcony...I like that. I know we have joked a lot about the pontoon boat, and maybe the owners will decide on something else, but I was glad to see there was something being offered as an access across the lake. Don't forget...I would think most of the 64 units were bought as vacation homes and such. I wouldn't imagine it would be very often that you would have 64 occupied units all waiting in line at once for the ferry on the lake. But...you guys know by now I am a fan of this place, and I fully expect to get some grief about my optimism :D
I do believe some have/ are INDEED forfeiting six-figure EMD's on this project... :eek:
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