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Quote:

Originally Posted by Caluw1 (Post 3254871)

I was up camping with Ray during the Fall Harbor Hop at the State Park. Naturally the No-wake was no longer in effect...so it was easy to forget about it. Like I said, been doing my homework for about a couple months now...the following were considerations to view on my next visit...
Hawk Harbor
Greenleaf
Knolls
Tara
Eagle Bay
Indian Point
Park Place
I've been getting info from a couple of agents, but I haven't committed to one yet...initially it seems the listings they sent revolved around "their" inventory. I'll tap them for info on Lands End & Stone Ledge. I'm trying to stay under a $100K for this investment since it will only be a part time thing for now. Don't know about renting it out...not sure if I'll be into that, so high rental/transient type complexes might not fit the bill.

No doubt there are some deals out there on condos right now but of all the condos mentioned above there are only 2 of the projects (Tara and Eagle Bay) that have any 2 bedroom waterfront units for sale in the MLS for under $100,000.00...and they only have a 24' slip included.
Golden Reef is near the Grand Glaize bridge and not too far into the no wake zone.

...and do have any info on Golden Reef...

Quote:

Originally Posted by Caluw1 (Post 3255854)

...and do have any info on Golden Reef...

Only three on the MLS right now. They are 950 - 1,110 sq feet. The one with a 12 x 36 slip is contingent as well as the 1,100 unit with a 10x24. The one that is for sale has been on the market for about six months and has a 24' slip. Asking 115k for the 2 bed 950 sq foot unit builty in 1989.

I spent last weekend at the lake and looked at close to 30 or 40 units. Yes, there are deals right now. However, you still have to pay alot more for main channel view, good docks, and location. To score all of these in a 3bed 2 bath you are still over 200K. Indian Point has alot on the market right now. Problem is their assessments are really high. I'd rather put that money into buying a newer condo that has lower maintenance cost. Just make sure in the end you look at total cost and not just purchase price.

Caluw one thing that you will want to remember is once you are there all the time you are going to trade boats sooner then you think. A 275 Baja is a nice ride but as you know it gets ROUGH out there. So if you buy a condo with a 24 ft slip and hang over now how much more once you trade? The only thing I would say is buy a big slip set up if at all possable. Most of the condos have 24 ft slips and one of the major reasons they are not selling is because of the slips. IMO
Lands End is a awsome spot but quite a bit more then you are looking to spend, but it is worth it as well. It seems you do not care what part of the lake you are on so you will have a lot to look at. Also check out Emerald Bay, we have enjoyed it. Good luck in what ever you buy.

Rich.

PWRQWST - I think moving up is always on our mind...and I'm sure somewhere down the line it will happen with me...I've learned a lot from visiting and from researching...a slip and its size are a very important consideration when purchasing...getting the right combination is a good chunk of the battle.