There is a great listing coming on the market next week. 2331 Crayton Road is a remodeled 3 bedroom pool home boasting over 2000 sqft under air. It is located on the west side of Crayton Road on a lot that measures 100 X 170 (large for the neighborhood). Recent imporvements include a new roof in 2006, brick paver driveway, new appliances, new kitchen with granite countertops and tile floors, new master bath, resurfaced pool and deck, and best of all the floorplan has been opened up to make this home bright and cheerful. It is very close to the Moorings private beach park and Moorings Country Club. List price is $795,000.
2331 Crayton has two new homes across the street on the market for $2,695,000 and the lot adjacent to the south has begun construction on a new home. Just last week Gulf Coast International Properties closed on a new home at 750 Riviera Drive for $2,700,000. With these kind of numbers being achieved for new homes in the area homes/lots west of Crayton for below $800,000 still leave a healthy profit for a developer building on spec and puts an end user ahead of the game with built in equity.