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Showing posts with the label oceanfront property

Maine Oceanfront Estate Lists for Just $169,900

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Is a $169,900 Maine Oceanfront Estate Real? At first glance, the claim appears doubtful in Maine’s coastal market, where oceanfront properties commonly list from the mid-six figures into the millions. Market evidence shows hundreds of Maine oceanfront listings, with examples ranging from $655,000 in Portland to several million dollars in Wells and Mount Desert. A current Zillow search for Maine oceanfront homes is sorted by global relevance and displayed with the map visible across the state’s coastal search area. That pricing pattern makes a $169,900 oceanfront estate appear highly atypical. By comparison, scarce waterfront properties in other markets can command major premiums, including a private Lake Columbia home listed at $1.75 million. What Evidence Supports A sold Roque Bluffs parcel at $169,900 with 3.01 acres and 300 feet of frontage shows that low-cost coastal ownership can occur. However, the available evidence supports land-level pricing more clearly than a finished esta...

San Diego Sand Castle Mansion Hits Market

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What Is the San Diego Sand Castle? The Sand Castle stands as a rare oceanfront estate in La Jolla, San Diego, set above the Pacific at 1900 Spindrift Dr on a dramatic clifftop site. It is presented as a landmark residence rather than a typical luxury home, combining oceanfront privacy with a one-of-one private-beach setting. The property is offered at $87,500,000 and is distinguished by one of California’s only private beaches . Owned by tech billionaire Darwin Deason, the assembled property was remodeled extensively after a 2009 acquisition and reached reported completion in 2015. Defining Features The estate measures about 13,000 square feet, with 10 bedrooms, a guest residence, and reported bathroom counts that vary by source. Like other trophy properties benefiting from a strong luxury real estate climate, its scale and exclusivity help position it at the very top of the market. Its style draws from the French Riviera, Palm Beach, and Versailles, giving the home strong architectur...

New Jersey $15M Oceanfront Home Faces Vanishing Risk

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Why This Atlantic County Oceanfront Home Stands Out Commanding the top of Atlantic County's active market, the Longport oceanfront home is listed at $15.5 million. That puts it about $5 million above the county's next-highest listing. That spread alone marks it as a trophy listing in a county where comparable homes rarely approach its asking price. Its 16-bedroom layout further separates it from standard shore inventory. The residence also spans more than 5,000 square feet , adding substantial scale to its oceanfront appeal. Scarcity Drives Attention The property sits on an exclusive beachfront strip at Longport's southern tip, giving it direct ocean access. In a barrier-island community, oceanfront scarcity plays a major role in value. In similarly supply-constrained markets, inventory shortage has intensified competition and pushed prices higher. Such parcels are limited by geography and are rarely replicated. Since reaching the market in early 2024, the home has remaine...