- $1.50M med. price
- 17 homes for sale
FABULOUS FAIRFIELD BEACH INVESTMENT OPPORTUNITY AT LANTERN POINT - Well located within the Lantern Point gated condominium, this free-standing 1380 sq ft, 3 bedroom Beach House is just steps to the expansive waterfront community deck and beautiful private beach. The first floor with tile flooring offers an open Great Room including a spacious living area with fireplace and dining area with sliding doors to an exterior deck. The Kitchen with Dining Area features a Breakfast Bar, ceiling fan and Laundry, and hallway Powder Room. The second floor with laminate flooring includes the very well proportioned Primary Bedroom with walk-in closet, and sliding doors to a gorgeous sun deck with unobstructed water views, 2 additional Bedrooms, and a full Hall Bath with a Tub/Shower. Amenities also include 2 private parking lots. Association Common Charges of $1593.75 are paid quarterly. This property is presently rented for the academic year 2023 -2024 September through May @ $6800 per month. Monthly rental increases to $7400 for academic years 2024 -2025 September through May and 2025 – 2026 September through May. Tenants pay utilities. Summer rental (June, July and August) or personal enjoyment of the house and beach are at the option of the owner. House is sold furnished. The sale is subject to the Common Interest Ownership Act. Lantern Point Association must be notified of an offer and provided with the name and address of the purchaser and their terms.
Relaxed beach town with plenty to do
MLS ID | #170599626 |
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Status | Closed |
Listing date | September 25, 2023 |
Closed date | December 12, 2023 |
Days on market | 78 days |
List price | $ 1,095,000 |
Close price | $ 1,055,000 |
Sale-to-list ratio | 96% |
Tax amount | $ 14,420 |
Financing used | Conventional arm |
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