Waterfront Homes Gulfport/Biloxi MS

Waterfront homes and lots for sale in Biloxi & Gulfport MS have been slow to sell over the past 12 months. In fact, only 7 waterfront homes were recorded as closed from March 10, 2009 to March 10, 2010 in these two cities. In the previous year, 2008-2009, 24 homes were recorded as closed.

Prices on waterfront properties for sale have fallen considerably over the past year making real estate’s most appreciable properties more appealing now than ever before in Gulfport, Biloxi, & Ocean Springs. Great waterfront homes can be found in other coastal cities as well. Waterfront lot prices are also incredibly low and builders are offering lower build-out prices then you’d dare to expect.

Waterfront lots for sale have been especially hard hit as the effects of Hurricane Katrina appear to have stigmatized the market. In Gulfport and Biloxi there have only been 5 waterfront lots for sale recorded as closed over the past 12 month through the Multiple Listing Service, MLS. The Bay St. Louis and Pass Christian waterfront lot markets have been much busier, recording 28 waterfront lots for sale closed. Prices currently start around $10,000 in some areas.

There are many great deals to be had in key locations. The great thing about waterfront from an investment standpoint is the limited supply. Currently waterfront lots can be found for sale at the same prices as reproducible, land-locked, lots….As mentioned above…Some even for less!

We currently have a waterfront lot listed at the mouth of the Jourdan River in Bay St. Louis, MS for $55,000. This is a double lot with a grandfathered-in boat-house. This makes it one of few. It has 88 ft of canal frontage, sits only a couple hundred yards from wide open water, and has great access to the river, bay, and gulf. Located nearby to the Hollywood Casino and The Bridge’s Golf Course it’s a tremendous value in an area that is coming back better than ever before! On the other side of the bay in Pass Christian, MS we have a smaller lot, 50X100, priced at $20,000. This lot is raw land with no bulkhead, but would be a great place to build a nice camp or vacation home. It’s not a far boat ride from great fishing and wide open water! Approximately 5 minutes to the east side of the bay!

In Gulfport we recently came across a beautiful 3,400 square foot waterfront home for sale on an acre of land in a very desirable subdivision priced at $440,000. It has beautiful features inside and out including a 4 car garage, boat house & dock, theater, huge deck, and luxurious interior amenities. Everything you’d expect in a million dollar home can be found here for under half the price! Finding a house and lot of this size in a premier area at this price is almost like taking a trip back through time!

As far as new construction opportunities, our builder partners are able to provide unbelievable deals for your custom waterfront home built. We also have plans available for “camp” style homes with price tags starting in the $120,000 range including lot! Insurance prices have fallen dramatically over the last year and are even lower for newly constructed homes. If you are interested in waterfront living now is a great time to request more information from us!

At Tech Realty® we realize that in order for successful people to make the best decision on purchasing a property it is our job to provide the most accurate information & the most options possible. If you are seriously considering a waterfront purchase, drop us a line by clicking contact us. We pride ourselves in sharing our research and resources with waterfront enthusiasts like you!

Tech Realty is the #1 real estate news provider on the MS Gulf Coast as well as the #1 online real estate company in our market. For more information on your area of interest, please contact us.