Bay front real estate on St. George Island
Buyers are snapping up the best deals on St. George Island bayfront homes, in a market that just won't quit. Sellers are lowering their asking prices to levels that are getting buyers off the bench and making offers.
The two most recent contracts were on the properties shown in the top and middle pictures, at right. The top one is a short sale, listed at $475,000, well below what the current owners paid for it in 2004, and below the assessed value on the county tax rolls.
The middle photo is of a bayfront home in the Plantation on an acre that also just went under contract. The sellers lowered their asking price to $339,000 and got an offer within a few days of making the price reduction. The home needs a new roof, but has a dock and gorgeous natural vegetation all around.
The bottom photo is of the latest bayfront house to lower its price below $400,000, making it the best-priced home on the bayfront on St. George. The setting for this home is a very pleasant pocket development of 5-6 homes, with a common dock, pool, and well-kept grounds. The asking price is $399,900.
We haven't seen prices like this on the bayfront in several years, and these are definitely the best prices on bayfront this year.
The bayside on St. George is known for its gorgeous sunsets, excellent fishing, and virtually unlimited kayaking and canoeing opportunities. You can get out at low tide and "hog" up your own oysters for supper. On the bayside you can also find yourself in a pod of dolphin, as curious about you as you are about them. And, the fishing can't be beat, no matter where you launch on the bayside.
With market prices like these, bayside is definitely worth serious consideration if you are looking to buy on St. George Island....