Home News Asking $26.5 Million, a Seagrove Beach Home Becomes the Emerald Coast’s Priciest Listing

Asking $26.5 Million, a Seagrove Beach Home Becomes the Emerald Coast’s Priciest Listing

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Seagrove Beach, Florida’s seaside homes are on the market for $ 26.5 million, making them the most expensive property on the Emerald Coast.

According to Jonathan Spears of Compass, who has a colleague Lindon Jackson and Liszt, about 0.3 acres of land, about a mile from the seaside resort community, has a beach frontage of about 90 feet in the Gulf of Mexico.

This house is sold by Tennessee residents Chuck and Joe Ellen McDowell. McDowell is the founder and chief executive officer of Wesley Financial Group, a financial services company, and Wesley Mortgage, a mortgage broker. His wife, who is now retired, is a former vice president of event management at the Country Music Hall of Fame Museum.

The couple said they bought a new home as a villa for $ 14 million in late 2020. They spent just under $ 2 million designing home interiors, and they said, and most of the furniture is included in the list price.

The primary bathroom has a chaise longue.


Photo:

David Warren

According to Spears, the six-bedroom, approximately 9,000-square-foot home is painted white with Kiclades architecture inspired by the homes of the Greek islands. Inside, there are limestone floors imported from France, arched doorways, an atrium about 50 feet high, spiral staircases, beamed ceilings and Venetian plaster walls. Facilities include a home theater, fitness area, sauna, bar room on the 4th floor and elevator. The primary bathroom has a massage table and chaise lounges.

The rooftop basin has a lounge chair overlooking the sunset. “When you sit in them, you only see the sky and the sea,” McDowell said. “It’s surreal. It’s very peaceful. Birds are flying right next to you.” Another pool on the ground floor has a dining table and seats.

McDowells said he decided to sell because he bought a small home in the area that better suits his needs. He said they had turned to the house a few years ago, but it sold. They bought it when they recently returned to the market.

The approximately 0.3 acre site has a beach frontage of approximately 90 feet.


Photo:

David Warren

Asset values ​​along the Emerald Coast have risen significantly over the past two years, Spears said. The average selling price for the Emerald Coast in the first quarter was $ 1.85 million, up from $ 1 million in the first quarter of 2021, he said.

Last month, Spears listed another home on Seagrove Beach. For $ 25 million.. He said another house he listed for $ 25 million was pending.

Write to Libertina Brandt [email protected]

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