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Wednesday, August 21, 2013

27 Kingfisher Lane - Key West - Bank Owned - Reduced Price

If you are  a golfer looking for a house on the links or if you're a bargain hunter looking for a two bedroom/tow bath home at an affordable price, 27 Kingfisher Lane located on the Key West Golf Course may be the answer to your dreams.  The listing Realtor, not me, describes this Bank Owned property this way:
"Lovely two bedroom and 2 bath town home is located on a quiet-cul-de sac in the Key West Golf Club. Property is steps away from both of the association's pools. Home has a wrap around porch and a large screened in patio with amazing views of the Golf Course."
 

Kingfisher Lane is located off the main drive that winds its way through the Key West Golf Club community. The lane ends in a large cul-de-sac around which you will find maybe a dozen homes with different views of the golf course. Each house is a built a bit different than the other. 27 Kingfisher Lane is unique in that it has a wraparound porch that adds to the physical size and architectural beauty of this town home. This unit has a large screened back porch and a smallish backyard. There are, however, first and second floor porches at the front. I have been told that owners of similar units have obtained permission to enclose the wrap around porches which could increase the interior of a unit like this substantially.  A new homeowner would need to obtain permission from the homeowner association to undertake such a renovation.

The inside of this unit is typical of most 900 sq ft homes. The kitchen is located at the front. A breakfast bar opens out from the kitchen out to the dining area. The living room occupies the balance of the space. Large sliding doors open out to the enclosed rear porch. The view from both inside the house and especially from the back porch is quite seductive. (The laundry is hidden from view in a closet under the stairway.)

The master and second bedrooms are located on the second floor. Both bedrooms have vaulted ceilings and en-suite baths. The master bedroom has French doors that open out to the front porch.  The back bedroom has great views of the golf course. 

The asking price on  27 Kingfisher Lane has been reduced to $279,900. CLICK HERE to view the Key West mls datasheet and to view listing photos.  I took more photos of this clean bank owned property - CLICK HERE to view.  There is some minor deferred maintenance. A couple of windows and some exterior trim ought to be replaced. I did not notice any other structural issues. A serious buyer needs to have any property inspected by a licensed building inspector.

As an owner at the Key West Golf Club you are entitled to use either of the two community pools. The large pool is just incredible. There is even a small gym located in the community center.


Most of the houses in Old Town, the Meadows, Casa Marina, and even midtown and new town are priced much higher than this property.  A buyer looking for value really ought to look at this property even if only to compare it for price.  I once suggested to a buyer to look at the golf course. He said he didn't play golf. I responded that you don't have to play golf to live at the golf course. What that buyer wanted was value. There are a lot of homes at the golf course that offer value.

If you are looking for a place in Key West, please consider calling me, Gary Thomas, 305-766-2642 to help you find your place in Paradise. I am a buyers agent and a full time Realtor at Preferred Properties Coastal Realty, Inc. 

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The information on this site is for discussion purposes only. Under no circumstances does this information constitute a recommendation to buy or sell securities, assets, real estate, or otherwise. Information has not been verified, is not guaranteed, and is subject to change.
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