Portsmouth Topics: Off Water Lots?
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Name:   MartiniMan The author of this post is registered as a member - Email Member
Subject:   Off Water Lots?
Date:   6/12/2023 8:50:40 AM

There's a small development in Sandy Creek where my house is that will have 2 or 3 waterfront homes and 3 or more off-water houses.  Not sure how the off-water houses will get lake access but I suspect there will be a multi-boat dock put in.  For many people that is the only way to afford a new "lake" house.  Home prices in Sandy Creek are crazy high even with today's interest rates.  Small, older homes on the lake are listing for $700K and up.  Given the dearth of undeveloped lots that would be the only way to get a new home on the lake, buy and tear down for $700K+, build something and you've easily got between $1.5M to $2M invested.  Crazy.....but if you have the money I guess.

Other messages in this thread:View Entire Thread
Off Water Lots? - Talullahhound - 6/11/2023 4:45:31 PM
     Off Water Lots? - lakngulf - 6/12/2023 8:19:49 AM
          Off Water Lots? - Talullahhound - 6/12/2023 8:34:34 AM
     Off Water Lots? - MartiniMan - 6/12/2023 8:50:40 AM
     Off Water Lots? - MrHodja - 6/12/2023 10:51:00 AM
          Off Water Lots? - lakngulf - 6/12/2023 11:04:20 AM
               Off Water Lots? - MrHodja - 6/12/2023 3:23:36 PM
                    Off Water Lots? - boataholic - 6/19/2023 11:15:29 PM
     Off Water Lots? - lucky67 - 6/12/2023 11:05:14 AM
     Off Water Lots? - lakngulf - 6/12/2023 1:01:31 PM
          Off Water Lots? - Talullahhound - 6/12/2023 1:20:21 PM
     Off Water Lots? - martinlifer - 6/15/2023 10:15:16 AM
     Off Water Lots? - martinlifer - 6/15/2023 10:15:18 AM
     Off Water Lots? - Wakely - 6/18/2023 1:37:41 PM
     Off Water Lots? - John C - 6/27/2023 1:08:46 PM
     Off Water Lots? - John C - 6/27/2023 1:08:48 PM



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