What's up with the street named Coral Cay in Crystal Cove? There are seven homes for sale on this street. One of them is going to be a deal for someone. At least by today's standards. Check out the listing information for 3 Coral Cay. This is an ocean view property in like-new condition on a large lot. Currently the price shows $3.995M. That's not a deal. But, wait, I received an e-mail this week stating the price is coming down to $3.250M. Whoa! That's a good price reduction! A good negotiator might even get it for less.
I can't find my crystal ball so, I can't tell you what's going to happen in the next year. But, for now, 3 Coral Cay is shaping up to be a deal in today's market.
Maybe seller resistance to realistic pricing in Crystal Cove real estate is finally starting to give way.
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