Real Estate Under $1 Million in Rosemary Beach

Posted by Destin Real Estate Sales on Tuesday, June 30th, 2015 at 8:09am.

On the far eastern end of South Walton’s Scenic 30A is the charming town of Rosemary Beach. This picturesque village was completed less than ten years ago but due the authentic Dutch Indies inspired architecture and meticulous land plan it looks like it has been here for hundreds of years. It sits high upon a sugary dune overlooking the emerald toned jeweled waters of the gulf. Rosemary Beach is a new world vision of an old world style. Broad grassy lawns, lushly landscaped parks lined with trees, stately townhomes, distinctive condominiums, unique specialty shops, restaurants and magnificent custom built single family homes create a serene refined ambiance. One of the main streets that gently meanders down a hill from Barrett Square goes past fashionable boutiques, wine bistros and sidewalk cafes which bear a magical uncanny resemblance to a European village. During the Summer Season, weekly events are the usual pastime. The town hosts a weekly family “Movie Night under the Stars” on one of the greens as well as crafts for kids, storytelling and fun participatory plays produced by members of the talented local Rep Theatre. During other times of the year there are sensational seasonal festivals, holiday craft shows, art walks, wine tastings, firework celebrations, free musical concerts and old fashioned family barbeques.

Rosemary Beach has quickly become one of the most sought after villages for residency and luxury tourism along Scenic 30A. Many celebrities and very affluent citizens own primary or secondary homes here. High demand is significant for a finite amount of real estate properties available which are reflected in the overall price for real estate. Sixty-nine residential properties sold in Rosemary Beach during the past twelve months with an average sales price average of $1,661,920 for 2,754 square feet. Currently there are only 34 homes for sale which is less than half of the amount of properties that sold in the previous twelve months, so demand far surpasses supply. Good values are hard to get in this kind of market but we have three featured 3 Rosemary Beach properties for under $1,000,000 and they are worthy of serious consideration.

The first is a two bedroom cottage with 1,000 square feet at 44 Tuckers Lane. This charming home has a large courtyard with official village approval to expand it an additional 1,000 square feet which is more typical of other homes in this neighborhood. This provides a great opportunity for investment or prime residency. The existing furnished cottage is two stories tall with ten foot ceilings, stainless steel appliances in the state of the arts kitchen and an open living area on the first floor. The two bedrooms with full baths are on the second floor. Both the first and second floor have an open stylish porch that spans the width of the cottage and overlooks a quiet boardwalk that leads to the beautiful beach. The listing price is under $1million at $985,000.

The second property is a spacious 1,361 square foot two bedroom condominium with two full baths that is located in the heart of Rosemary Beach at 34 North Barrett Square. Rich hardwood flooring flows throughout this unit which has a soaring ceiling with sunny atrium windows above, plush fashionable furnishings, an open state of the arts kitchen and double French doors that lead out to an oversized breezy balcony that looks down upon the main town square. This is location at its best since multiple restaurants, beautiful boutiques and wine bistros are all just a short stroll away. This condominium is priced at $799,000.

The third Rosemary Beach property is listed at $719,000 for a furnished two bedroom 1,281 square foot condominium with two full baths and is located at 104 N. Barrett Square in the prestigious Lofts West building. It was purchased by its original owners in 2004 and has a brand new high efficiency HVAC system that was installed in 2014. This awesome location makes it a prime property for vacation rental investment, a wonderful second home getaway or a combination of each. A balcony looks down right on the main village square and all the delightful diversions for dining, drinking and family fun which are just a moment away. Gleaming multi-toned hardwood flooring, marble countertops, a long galley gourmet kitchen with stainless steel appliances and comfortable furnishings make this a wonderfully hospitable home.

Check out these properties soon since they are listed for less than half the total price of current properties listed for sale in the highly sought after Rosemary Beach. Our friendly professional Scenic 30A Ocean Reef real estate office is very close by in neighboring Seacrest Beach so you may easily swing by to begin your tour. We are always there to help.

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