322 Pikes Bluff
In the last 12 months, 5 new homes have been permitted for construction in Frederica. "Flagship Point" was recently constructed at 322 Pikes Bluff and has 6 BR, 8BA and is built on two marsh front estate lots overlooking Richard Pike's historic marsh views. It is a great example of custom construction using the finest materials and craftsmanship.
New Construction Permits on St. Simons Island
In the last twelve months there have been 106 new homes permitted for construction on St. Simons Island. St. Simons has approximately 9,000 homes. This makes annual new home construction as a percentage of existing homes to be just over 1 percent per year.
The South end of St. Simons led in new home permits with 40. The Mid North (mostly Harrington area) sub market had 36. Mid South had 17 and North end had 13 permits (5 at Frederica).
Given the scarcity of lots on the South End, it is surprising the amount of new home permits (40). Nine of those were Palmetto homes. The balance (31) coming from 13 different builders. Some tear downs and several new cut-in developments have allowed new construction to add value and new character to South end neighborhoods. Home values have reached 2006 highs and I don't see this trend changing in the near term.
Mid North continues to see Palmetto dominate the developer market with Tabby Place in Harrington taking 10 permits; and new developments Silver Oaks (Flanagan Development) and Lake View (Ben Carter) each had 8 and 6 permits respectively. These developments are providing new construction options starting in the high 300's to mid 500's.
The Mid South area is coveted for its proximity to shopping and the beaches and has year round residential neighborhoods sought after by full time residents. Buildable lots that are priced right in neighborhoods like Devonwood and Wymberly are scarce. John Hodor of Seaside Custom Homes has a new 4 BR, 3.5 BA, 3,400 SF home under construction in Wymberly (see below).
314 WILD HERON RD is located Mid South St. Simons in the Wymberly neighborhood. It has 4 BR, 3.5 BA, and over 3,400 SF of open floor plan including a beautifully appointed chef’s kitchen and a large master on main. It is being built by John Hodor, Seaside Custom Homes and is scheduled for completion in August 2019. Features include cedar/brick/wood exterior, beautiful oak hard woods, fire place in great room, Pella windows, 10' ceilings, 8' solid solid core doors, metal roof, 3 car garage, foam insulation/efficiency, tankless water heater, gourmet gas kitchen, A large covered porch and deck extends the living area of the home. This is the St. Simons home that you don't want to miss. Offered for sale at $689,000. (Click here for plans & specs)
322 Pikes Bluff Drive
"Flagship Point" is a fabulous estate home positioned on two Frederica marsh front premier lots at Pike's Bluff, overlooking the breathtaking marsh with a ten-mile view to Darien. It is 8,875 SF with 6 Bedrooms, 6 Full Baths, and 2 Half Baths. With views of the Frederica River and miles of "Long marsh views" this Pikes Bluff home is near the "Watch house" established by General Oglethorpe to protect Fort Frederica from potential aggressors coming down the Frederica River from the north. Richard Pike was first to be in command of the watch house and today this area is known as "Pikes Bluff". Offered for sale at $3,995,000.