18 Slalom Way

[bret]

What a name for a street huh? Next lake is Cory Picko's lake

https://www.zillow.com/homedetails/18-Slalom-Way-Santa-Rosa-Beach-FL-32459/48131597_zpid/

Small pool, little dock, and a little boat house.

[mikeg205]

geez - taxes are like nothing there....

[slalomjunkie]

I found that house a little pricey for what you get. Plus *I think* CP owns all the water rights, so skiing is not behind your own boat and you pay a fairly high rate.

[FoggyNogginz]

I've been to the Cory Pickos ski school before. Fun times, and a super laid back environment.

[Mastercraftdave]

I have been out there multiple times and if you buy a house on those lakes you cant even use the lake with your own boat. They only allow the ski school to use the lakes.

Florida houses are a lot more expensive and the property tax is very high. My parents have had a condo in Florida for the past 12 years they just sold which was 10 mintues from these lakes. They were tired of the condo life and wanted a house, but a house on the water in Florida is way overpriced. They ended up buying in Alabama.

[slalomjunkie]

I have been out there multiple times and if you buy a house on those lakes you cant even use the lake with your own boat. They only allow the ski school to use the lakes.

That was my understanding fr om my neighbor.

The house is on only just ½ an acre, and the finish out and size are not that of an almost 500k home. I would expect real hardwoods on the ground more than a level 1 granite throughout, more than a tiny 528 sf garage (as in 1200 sf), and more of a custom home feel. I wouldn't give more than say 350 for that place, and that if they threw in 1 year of waterskiing costs included lol

[Mastercraftdave]

This is the problem that my parents ran into. This house on the main water ways would be 1 million plus. The housing market is crazy in this area especially on the water.

[bret]

Well if you can't use your own boat, that should be stated in the listing IMHO. I thought it was a neat property but not now.

[jesam]

I don't know exactly how it works but I know you will always have a ski ride and it will be wayyyyy cheaper than owning your own boat.

[BeJay1981]

You'd think they would have one of the lakes available for neighborhood use.

[88 PS190]

Well if you can't use your own boat, that should be stated in the listing IMHO. I thought it was a neat property but not now.

This is NEVER stated in property listings in waterski properties...

Every property that has any sort of private waterski lake on it has some form of ski club or HOA. But the realtors listing them don't understand or really care about waterskiing (unless you get one of the several pro waterskier realtors) and they want to leave certain things vague to make it seem more valuable.

I was looking at one that didn't make note that the house that I was looking at, despite having its own private slip and a built in boat house with lift didn't have a current boat permit with the HOA, and that the HOA limited the number of total boats allowed on the lake to a certain number and each of those permits were selling for something like 100 grand when they came available.

Another I looked at the lake was held by a dam that was on someone else's backyard and there was no deed/legal contract for access to the dam. It was currently owned by a skier, but all that it would take is for them to sell and decide to drain the lake to grade their yard!

[paintpollz]

But the realtors listing them don't understand or really care about waterskiing (unless you get one of the several pro waterskier realtors) and they want to leave certain things vague to make it seem more valuable.

ehhhhh I'm not too sure about that. That might have been a one off experience for you. When I bought a boat slip in New Hampshire 6 years ago the FIRST thing the realtor did before even showing me the slip was send me the by-laws, and that was smart. She also disclosed the previous annual dues!

You may say that's apples to oranges, but this real estate agent was smart enough to know that there may be some restrictions or rules that could potentially deter a potential buyer. Luckily there were not.

A real estate agent selling a waterski property should be proactive with all of this in the beginning and send you all pertinent information regarding the real estate, no one wants to get halfway through the process to have it all fold.