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Monday, March 18, 2013

1117 Watson Street - Old Town - Key West

Just listed, but not by me, 1117 Watson Street in Key West. This really cute single family home is located in the Conch Grove Compound.  The Conch Grove Compound consists of several cottages and single family homes that share a large sunny pool, gardens, and parking. The owner of each cottage or house owns the ground under the structure in fee simple. But all property owners share ownership of all of the common areas. Each cottage or house is unique. Writer James Kirkwood, co-author of "A Chorus Line", was one of the first homeowners in the Conch Grove Compound. Local author David Kaufelt used to live there as well.
The listing Realtor describes this property as:
"Charming 1 bedroom cottage located in the Conch Grove Compound in Old Town Key West. Bright and airy floor plan with loft, vaulted ceilings and a lush, private 3227 square foot lot. Nicely renovated with beautiful kitchen and hardwood floors. Loft square footage is a bonus and not included in the unit square footage listed in MLS. Lovely landscaped garden leads to the shared heated pool and wonderful space to catch the sun's rays. Shared off-street parking for one vehicle. A Unique Hidden Tropical Oasis in Old Town Key West." 
 You enter the cigar maker's cottage from a door on the south side, not the front door in the photo. Inside you move to the right and enter the shared kitchen and living area with vaulted ceiling. French doors open from the living room onto the privately owned and very cloistered rear yard.hat area is surrounded by tall and lush trees and vegetation. It is just too sweet. There is a little path that leads over to the pool. The separation is very marked. You would never know the pool exists unless you wanted to go to it. Likewise, the neighbors can't see what you are doing in your own private outdoor space.
The cottage has just one official bedroom which is located at the front. There is a loft that can be used as a second (unofficial) sleeping area. The loft space might be a bit tight for full time use, however. The front porch is used as a place to people watch off the bedroom as opposed to being the main entry to this unique cottage home.   

The home owner association maintains the pool and common areas. The monthly hoa fee is just $200. Each home owner is responsible for normal home maintenance, insurance, etc.  The association permits pets, but dogs must be on a leash.

CLICK HERE to view the Key West Association of Realtors mls datasheet on 1117 Watson Street is offered at $499,000.  If you would like to see this home before somebody snatches it up (and that will surely happen) please consider calling me, Gary Thomas, 305-766-2642 to schedule a showing. I am a buyers agent and a full time  Realtor at Preferred Properties Key West.  If you have been searching for an affordable home in the Old Town area, you already know there are very few properties available. 

2 comments:

Anonymous said...

Gary,

Great cottage and price considering it sold for 465k in 2010. Do you know what ever happened with 1121 Watson #2? It was on the market for awhile as a short sale, but pulled from the MLS a month or so ago - no contingencies, etc. Did the lender decide to go ahead with the foreclosure?

Thanks for the blog - I look forward to it every day!

Gary Thomas said...

1121 Watson #2 is a stand alone cottage that I previously wrote about. It was offered as a short sale It went back on the market on Jan 3rd and went under contract on Feb 7th.
Gary

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Key West, Florida, United States
I first read about Key West in a magazine called "After Dark" sometime in the mid 1970's. But it wasn't until March 1984 that I made my first visit to the island that would become my home. I had two weeks for a vacation and reserved a room at Colours Guesthouse (now Marrero's Guest House) for one week. I thought that if I didn't like Key West, I could always go back to Miami or Ft. Lauderdale for the rest of my trip. But after a couple of days in Key West, that was no longer a consideration. But when I wanted to extend my stay for the extra week I found there was no room at the inn. The guesthouse owner did find me a room at LaTeDa, the infamous guesthouse/restaurant. That's a story I'll write another day. But those two weeks in Key West gave me the realization that I had found Paradise. Key West has been my home since 1993 and my only regret is that it took me so long to get here. I am a full time Realtor at Preferred Properties CRI. Let me help you find your new home or business in Paradise. Living in Paradise is not a slogan, it's a way of life.