Just listed, but not by me, 706 Chapman Lane at the asking price of $491,000 or $673 per sq ft. Although this listing is "new" to the listing agent, this property has been on the market for some time. I have shown it on numerous occasions. The new agent describes the property this way:
"Ideal vacation or retirement home for the couple who lives for the simple pleasures of Key West! Enjoy your large fenced spacious deck with hot tub and plenty of room to entertain. This home features Off-Street Parking,central a/c, generator, shutters and Dade County Pine. Walk, bike or scooter to all of Old Town."
This place is so very private. The tall white picket fence, dense tropical foliage and trees prevent the casual passer-by from seeing how cute this little house is. The photos above show the street view and the adjacent off-street parking space. Once inside get ready for a big surprise. This place is captivating. The place evokes an old house done-up feeling. By that I mean the old place has been brought forward to today's expectations but not overly done. There are many whimsical features that immediately make you feel at ease.
There are two bedrooms on either side of the front entry. A center hallway takes you to the back one-half of the house. There is a drop down stairway at that point that provides access to a third loft-style bedroom on the second level. This would be a perfect place for little kids or guests that you don't want to stay too long. Kids don't mind neat spaces like that. Adults will get the clue that staying in a hotel may not be such a bad idea.
The living room and kitchen share the back half of the house. The ceiling is vaulted and the space seems quite large and ever so friendly. One really ingenious feature of the kitchen in the rear "window" which is actually one half of a French door laid on its side. That window swings up to provide a neat pass thru to guests sitting on the other side of the bar with a very nice and large deck. The outside area has a nice awning to provide protection from the sun. CLICK HERE to checkout the mls listing info.
The rear yard is quite large. There is an existing hot tub and I think there is adequate room for a decent size pool.
This property has been used as a vacation rental in the past. Duval Street is just two blocks to the east. Blue Heaven and La Creperie are only a block away. Ft.Zach beach is a few block walk or bike ride. One of these days the City of Key West will get the final plans for the Truman Annex redevelopment completed. That property is just a couple of blocks west of 706 Chapman Lane. I think the redevelopment will bring new life and add a lot of value to homes in this neighborhood.
If you are looking for a small place in Key West that is in move-in condition and don't want to spend more than $500,000, please call me and let's take a look at 706 Champan Lane. Call Gary Thomas, 305-766-2642. I am a full time Realtor at Preferred Properties Coastal Realty, Inc. in Key West, Florida.