Twenty

Four South Briland Lane

SALES STATISTICS FOR ROSEMARY BEACH & COMPARABLE PROPERTIES IN ALYS BEACH

Being one of only two Gulf front, Founder's lots in Rosemary Beach, 24 S Briland Lane is truly unique. We feel the recent Gulf front sales in Rosemary Beach are inadequate to utilize as comparable properties for 24 S Briland Lane because of its vast Gulf frontage allowing for privacy and unimpeded views from all living spaces, as well as its construction quality and captivating design and decor. That said, it is noteworthy to mention that as of March 2022, the median purchase price in Rosemary Beach is up 57%, year-over-year from 2021. Therefore, in an effort to define value we have identified two properties on significantly smaller, Gulf front properties in neighboring Alys Beach that have sold and pended in the last year.

29 SEA FOAM ALLEY

The highest priced property under contract is 29 Sea Foam Alley that is potentially garnering a purchase price of $19.9M, or $4669/sq.ft. This home is only 4200 sq.ft. and offers less than half the Gulf frontage of 24 S Briland Lane 29 Sea Foam Alley sat on the market for 0 days and brought in an offer on its first active day on MLS

29 SEAFOAM ALLEY

The pinnacle of luxury and refinement in Rosemary Beach. This Gulf front home, designed and renovated by renowned architect Bobby McAlpine, is prominently situated on one of only two Founder’s lots in the master-planned Rosemary Beach community. Boasting 115 linear feet on the Gulf of Mexico, this remarkable home provides panoramic views from every level. Completely renovated in 2019 with McAlpine and master-builder Matt Fuller, the owners incorporated sleek, modern European design elements, complemented by antique finishes and furniture selections. The living room allows for intimate entertaining and features five porches overlooking the Eastern Green, the Gulf and the private lawn and courtyard below. Three spacious guest suites on the 1st floor have their own private courtyard access and en suite baths. A large foyer welcomes guests entering the home from the Eastern Green and beach access boardwalk. The chef’s kitchen has an expansive marble dining bar that seats eight, complete with a Thermador oven, two Bosch dishwashers, six-burner gas cooktop, SubZero refrigerator, microwave drawer, ice maker and trash compacter. The outdoor living space includes an immaculate courtyard oasis featuring two grass lawns separated by a covered dining area, dipping pool, complete with Gulf views and a gazebo for dining and entertaining. Unprecedented in Rosemary Beach, the carriage house is uniquely located on the Gulf of Mexico, allowing for its guests to enjoy Gulf views from the privacy of their own living space.

23 SEA FOAM ALLEY

23 Sea Foam Alley sold on 3/24/21 for $16.9M, or $3733/sq.ft. Applying a conservative 30% increase to this property due to the market increase, this values 23 Sea Foam Alley at $22M or $4852/sq.ft. This home only offers 35 ft. of Gulf frontage compared to the 115 ft. of Gulf frontage that 24 S Briland Lane offers.

23 SEAFOAM ALLEY