The Moorings, February 2010 Market Update

Update: Another new listing in The Moorings came on the market today, see pictures and information here.

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3301 South Moorings Way | List Price: $14,900,000

Last month two new listings came on the market in the exclusive gated community of The Moorings.  The first is a $14,900,000 waterfront property listed by Avatar and located at 3301 South Moorings Way.  The home features 6 bedrooms 6 baths with 10,488 square feet on a 27,516 square foot lot with 153 of water frontage.  The home was completed in 2007.

The second listing also came on the market in January but went under contract in 9 days.  It was listed for land value at $1,289,000 with a lot size of 17,820 square feet.  The address is 3400 South Moorings Way.  Broker was Coldwell Banker.

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3462 North Moorings Way | List Price: $$2,290,000

There are 3 other properties for sale in The Moorings.  The first is 3462 North Moorings Way currently priced at $2,290,000.  It has been on and off the market since 2008 and was originally priced at $2,997,000.   The current owners purchased the home in 2005 for $2,500,000.  Broker is GI Properties.

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3835 North Moorings Court | List Price: $2,195,000

The second home still on the market is 3835 North Moorings Way which is priced at $2,195,000.  This home has been partially completed and the builder/owner will complete the home to suit the buyer’s needs.  It is a 2 story, classic french manor with 5 bedrooms, 4 baths on a 12,464 square foot lot.  It has been on the market for about a year and was originally priced at $2,795,000.  The owners purchased the land for $1,000,000 in 2006.   Broker is EWM Realtors, Inc.

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3885 South Moorings Court | List Price: $3,500,000

The last home on the market in The Moorings is located at 3885 South Moorings Court and priced at $3,500,000.  It features 5 bedrooms, 5 baths on an 11,800 square foot lot with 6,288 square feet of living space.  The broker is EWM Realtors.

Closed Sales In The Moorings

The two most recent sales in The Moorings were short sales.  The first was 3570 South Moorings Way which sold for $3,700,000 and the second was 3574 South Moorings Way which sold for $1,010,000.

If you are looking for an experienced realtor who specializes in Coconut Grove please give me a call at 305.342.1623 or send me a note here.

Written by Riley Smith

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