Tuesday, May 7, 2019

Coast Remains a Value

The Long Beach Peninsula continues to be a great value in real estate. I have been showing property in Ocean Park and Oysterville recently and continue to marvel at the amazing deals one can find at the beach.

Last fall my sister and brother-in-law bought a tidy little house on a 'jumbo' acre. They managed to get it for a real song of a price compared to the values for a similar property in the Portland-Vancouver metro area. Frankly about 1/2 price. Now she has referred someone to me and that person is looking for a beach property as well.

My newest beach client is looking in the $300k - $400k range and should have no problem at all finding the right home. The Long Beach Peninsula remains under-valued in the market place, but I don't think this will last forever. It will be "discovered" soon and that could lead to a run up in values. Get yours while the 'gittin' is good :)

Here are some value properties I found recently in a search. 
2 beds, 1 bath 808 SF listed at $155,000

2 beds, 1 bath, 1040 SF listed at $164,900

3 beds, 2 baths, 1435 SF Ocean View! Listed at $239,000
Now don't go thinking the beach doesn't have upper end properties. Au contraire, my friends. I also found this stunning beachfront home on 3.2 acres butting right up against the beach. This one has 3 beds, 3.5 baths, 4035 SF. It is listed at a reasonable, all things considered, $1.585 million.

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