Our remodel at Coral Cove is complete and the clients are enjoying their “new” home. Please watch for sneak peeks of some of the great choices they made. In the end there was not one aspect of the original home that had not been remodeled. Our friends at Sarasota Magazine have just written a piece on the Neighborhood.
Neighborhood Watch: Coral Cove
Coral Cove is a beautifully groomed, mainland waterfront community set right on the Intracoastal Waterway. But what really sells Coral Cove, says Michael Saunders & Company realtor Christy Neff, is its private, two-acre neighborhood park and boat launch reserved for the use of homeowners.
Located a mile south of Stickney Point Road across the Intracoastal from south Siesta Key, Coral Cove was developed in the 1950s, and many of those original homes have been torn down to make way for larger residences.
“It’s a nice family neighborhood, very stable,” says Neff. “Most people live here year-round, and they have get-togethers at the park several times a year—lobster night, soup night, children’s birthday parties.” At summer’s end, five homes were on the market—one non-waterfront home listed in the $300,000s, and the other four on either canals or open bay starting at $1.2 million. Coral Cove for the most part escaped the foreclosure wave of the past several years. In 2012, Neff says, a house sold every 26 days. “That’s pretty darn good,” she says.
Number of Coral Cove properties: 204
Number of sales from July 2012-July 2013: 12
Range of sale prices: $168,000 to $2.2 million
Range of square footage: 1,269 to 6,151