Engel & Völkers 30A Beaches Sets New Record with $10.75 Million Off-Market Sale in WaterColor

By: Get News
Engel & Völkers 30A Beaches Sets New Record with $10.75 Million Off-Market Sale in WaterColor
Historic off-market transaction sets a new benchmark in WaterColor, highlighting the growing demand for luxury Gulf-front properties.

SANTA ROSA BEACH, Fla. - November 5, 2024 - Engel & Völkers Florida today announced a record-breaking sale by its franchise, Engel & Völkers 30A Beaches, in the prestigious WaterColor community of Santa Rosa Beach. The off-market sale of 1960 E County Hwy 30A, which closed on October 23, 2024, achieved a final sales price of $10.75 million, setting a new high in both total sales price and sold price per square foot in WaterColor’s history, at $3,198 per square foot.

“It was an honor to facilitate the sale of 1960 E County Highway 30A and to help my clients achieve a record-breaking transaction in WaterColor,” said William Mitchell, Real Estate Advisor with Engel & Völkers 30A Beaches. “Purchased in May 2021, the home underwent a thoughtful renovation led by a talented team including Rudd Designs, Ray Jackson Construction, and Urban Grace Interiors. Together, they added over 600 square feet of living space and completely reimagined the third floor, optimizing the layout of the primary suite and bath. When we privately marketed the property, we strategically leveraged high-quality photography, videography, and our extensive network of agents to identify the perfect buyer. I am truly grateful to my clients for entrusting me with the opportunity to represent them in this significant sale.”

This landmark sale was managed exclusively off-market by Mitchell of the Blankenship Group at Engel & Völkers 30A Beaches. Leveraging his extensive network and in-depth knowledge of the area, Mitchell connected the sellers with an ideal buyer in a remarkably short time. The buyer was represented by another firm.

“We’re extremely proud of William for representing our team and brokerage in this record-breaking transaction,” said Beau Blankenship, Team Lead of the Blankenship Group and License Partner of Engel & Völkers 30A Beaches. “This sale not only showcases the strength of our local real estate market but also reflects the growing demand for luxury Gulf-front properties. Our team remains committed to providing an exceptional level of service to clients and helping them navigate these unique market conditions.”

Originally listed at $11.5 million, the 1960 E County Hwy 30A property boasts an impressive range of luxury features, embodying the epitome of Gulf Coast living. The recently remodeled residence offers panoramic Gulf views, a spacious and private master suite on the first floor, and a third-floor private master suite that includes a walk-in closet, private laundry, and a large balcony overlooking the water.

“This record-breaking off-market sale is a great example of the expertise and commitment that defines Engel & Völkers and our 30A Beaches shop,” said Peter Giese, CEO of Engel & Völkers Florida. “Beau and his staff have done a phenomenal job recruiting, developing, and retaining top local talent like William, which is evident in their consistent ability to deliver exceptional results for their clients and the market. We’re proud of the great work they’re doing to consistently raise the bar in the luxury market.”

The heart of the home is the expansive kitchen, equipped with Wolf appliances, a Sub-Zero refrigerator, custom cabinetry, a massive island, and a butler’s pantry. Outside, the covered porch delivers stunning 180-degree Gulf views, providing an ideal setting for relaxation and entertaining.

In addition to this recent record-breaking transaction, Engel & Völkers 30A Beaches has consistently demonstrated its leadership in the luxury market with a series of notable sales. The brokerage represented the sale of 131 Compass Point Way, achieving the highest non-Gulf front sale to date in WaterSound Beach at $8.75 million in 2022, facilitated by the Grant and Cooper Group. The Blankenship Group also set a new benchmark with the $24 million sale of 115 Paradise By The Sea Blvd, which was the highest sale in the Florida Panhandle when it closed. Additionally, the team achieved the highest non-lakefront sale in Draper Lake Coastal Village with the $4.075 million sale of 63 Boathouse Road. These landmark sales underscore the brokerage’s expertise and commitment to delivering exceptional results in the region’s most sought-after communities.

Press contact:

Kaitlin Weigelt, Marketing and Brand Manager

Email: Kaitlin.Weigelt@evrealestate.com

Tel: (239) 348-9000

About Engel & Völkers:

Engel & Völkers is a global luxury real estate brand. Founded in Hamburg, Germany, in 1977, Engel & Völkers draws on its rich European history to deliver a fresh approach to luxury real estate in the Americas with a focus on creating a personalized client experience at every stage of the home buying or selling process. Engel & Völkers currently operates approximately 300 shop locations with over 6,500 real estate advisors in the Americas, contributing to the brand’s global network of over 16,600 real estate professionals in more than 30 countries, offering both private and institutional clients a professionally tailored range of luxury services, including real estate and yachting. Committed to exceptional service, Engel & Völkers supports its advisors with an array of premium quality business services; marketing programs, and platforms; as well as access to its global network of real estate professionals, property listings, and market data. Each brokerage is independently owned and operated.

For more information, visit www.evrealestate.com.

To view original press release, please visit: https://www.prbuzz.co/news/611298/engel-vlkers-30a-beaches-sets-new-record-with-1075-million-offmarket-sale-in-watercolor

Media Contact
Company Name: Engel & Völkers
Contact Person: Kaitlin Weigelt, Marketing and Brand Manager
Email: Send Email
Phone: (239) 348-9000
City: SANTA ROSA BEACH
State: Florida
Country: United States
Website: www.evrealestate.com



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