Sanctuary at Redfish

[SHELLY]

The Certificate of Occupancy was issued yesterday.

Original preconstruction contract holders begin to close next week.

There are 21 units listed for re-sale: $899K to $2.4MM
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I guess that's music to the ears of your friends and clients who were looking to get in last year--they've certainly got a nice selection to choose from now.

 

[Unplugged]

I guess that's music to the ears of your friends and clients who were looking to get in last year--they've certainly got a nice selection to choose from now.

They do indeed SHELLY. It's :shock: 'ing how motivated some of the sellers are.......

Thanks for posting and keep 'em coming, we are learning a lot from your point of view.

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[Pirate]

What were the original pre construction prices anyone know?

 

[Unplugged]

What were the original pre construction prices anyone know?

The 1,778 Sq. Ft. units were $925K...

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.

SJ: you certainly called it right on this one! ;-)
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[sherry]

The 1,778 Sq. Ft. units were $925K...

SJ: you certainly called it right on this one! ;-)
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I agree with everything you are saying. I have had the opportunity to tour Redfish throughout the construction phases, and have been very pleased with what I have seen and how it has come together. It really does seem to be a different type of development than most others. I think long term it will be a great investment. While I am sorry to see original buyers in the positions some of them are with their closings rapidly approaching, I think some one put it so well by saying...this definitely gives others who had hoped to get in and couldn't another shot. I have a couple of clients that are investors that are definitely willing to break even on where they bought in almost 2 years ago, and some are even willing to take a loss. Great opportunity for others to snatch up!
I have details on amenities, upgrades in the units, floor plans, etc if any one wants any of that.

 

[Unplugged]

I agree with everything you are saying. I have had the opportunity to tour Redfish throughout the construction phases, and have been very pleased with what I have seen and how it has come together. It really does seem to be a different type of development than most others. I think long term it will be a great investment. While I am sorry to see original buyers in the positions some of them are with their closings rapidly approaching, I think some one put it so well by saying...this definitely gives others who had hoped to get in and couldn't another shot. I have a couple of clients that are investors that are definitely willing to break even on where they bought in almost 2 years ago, and some are even willing to take a loss. Great opportunity for others to snatch up!
I have details on amenities, upgrades in the units, floor plans, etc if any one wants any of that.

Well said - my biggest concern would be the distance to beach access
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[Miss Kitty]

Well said - my biggest concern would be the distance to beach access
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Just how do you get to the beach here?

 

[sherry]

Well said - my biggest concern would be the distance to beach access
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I know what you mean. The lake is gorgeous, but does provide a bit of a barrier to the sand!! They have put a floating dock in the lake for owners to use kayaks/canoes to go across to the beach if they choose. I have heard (don't hold me to this yet) that as long as your boat motor is less than 5hp you can use that in the Lake as well. The other accesss would be the boardwalk that runs down the East side of the Sanctuary by the Sea (the other development) I would say you would probably park at the Preserve Clubhouse area and walk across. Not sure if it would be appropriate to park a golf cart by the acess.

 

[Morgan]

but I would say you would probably park at the Preserve Clubhouse area and walk across. Not sure if it would be appropriate to park a golf cart by the acess.

Sherry, has this parking at the PRESERVE CLUBHOUSE BEEN APPROVED by the Preserve?

 

[sherry]

Sherry, has this parking at the PRESERVE CLUBHOUSE BEEN APPROVED by the Preserve?

Not that I am aware of.