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Corcoran Reverie Announces Record-Breaking Sale of 113-A Sandy Shores Court

Michelle Kellett by Michelle Kellett
May 23, 2024
in Markets
A A
Corcoran Reverie Announces Record-Breaking Sale of 113-A Sandy Shores Court

113-A Sandy Shore, Inlet Beach, FL. © Corcoran Reverie

Corcoran Reverie has announced the record-breaking sale of 113-A Sandy Shores Court, which closed at an astounding $18.75 million. This landmark transaction sets a new benchmark: the highest sales price ever recorded in the exclusive Sandy Shores community and the highest sale throughout the 30A corridor this year.

Nestled along 60 feet of pristine Gulf frontage atop the Bluffs at Sandy Shores, this exceptional estate epitomizes the luxury lifestyle of 30A, while being geographically poised just minutes from the renowned new urbanism communities of Seaside, WaterColor, Alys Beach, and Rosemary Beach. The property, designed by the acclaimed Chancey Design Partners, is a testament to architectural excellence and superior craftsmanship. The residence offers breathtaking panoramic views of the sugar-white sands and emerald-green waters, visible from all three levels of the home. Its concrete-fortified construction and high-end finishes provide a seamless blend of durability and opulence.

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“We are thrilled to have achieved this extraordinary milestone,” said Jacob Watkins, Owner and Real Estate Advisor at Corcoran Reverie, who represented the seller. “Breaking records in real estate is always exhilarating, and the sale of 113A Sandy Shores Court is a true testament to pushing boundaries. Securing a price that is 67% higher than the average sales price and 86% higher than the median sales price of all Gulf-front residence sales on 30A over the past two years speaks volumes about the exceptional value of this property.”

Corcoran Reverie has an impressive track record, having represented two out of the fourteen sales that have exceeded the $15 million mark in the history of the 30A residential real estate market. This achievement highlights the firm’s expertise in navigating complex transactions and delivering outstanding results for their clients.

Hilary Farnum-Fasth, Broker and Owner of Corcoran Reverie expressed her enthusiasm for the future, stating, “We are privileged to have played a pivotal role in such a significant transaction. Our success is a testament to the trust our clients place in us and our unwavering commitment to excellence. As we continue to strive for more in 2024, we look forward to adding even more remarkable properties to the record books. It’s truly a joy to be part of such significant milestones in the real estate industry and our local community.”

The exclusive gated community of Sandy Shores, located between Rosemary Beach and Alys Beach along 30A, is known for its low density and breathtaking coastal views. The sale of 113-A Sandy Shores Court not only showcases the distinctive allure of this boutique neighborhood but also reaffirms Corcoran Reverie’s prominence as a leader in the luxury real estate market.

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