A golf course community filled with history, wildlife, and beautiful homes, Indian Bayou has recently undergone golf course improvements to meet and exceed what discerning golfers have come to expect in Destin. These improvements, coupled with strong home equity growth over the past 14 months and a reduction of distressed inventory, have fueled a healthy real estate market for Indian Bayou.
Homes in Indian Bayou
Ranging in size from 2,000 to over 5,000 square feet, and offering everything from golf course views, bayou frontage, and private yards, Indian Bayou has something for all types of primary home buyers. Home values range from $275,000 to well over $1,000,000 in Indian Bayou.
Real Estate Market Snapshot
Throughout 2013 and projected throughout the first half of 2014, Indian Bayou has been a hot area for contractors and investors looking to renovate and re-sell distressed and aged residential properties. A necessary and beneficial part of the home life cycle, renovated homes in Indian Bayou are now commanding attention, desirability, and will continue to grow in value as more of the distressed properties leave the market and re-enter (often times) better than new.
If you are an investor or home buyer wanting to get in on the action, be completely ready to purchase before you find the home you want. The best deals in Indian Bayou will have multiple offers within a week, many of which will sell above asking price. As distressed and older homes are renovated and re-introduced into the market over the next several months, look for Indian Bayou homes to increase in value and desirability.
Destin’s first golf course, featuring over 8,000 yards and 27-hole golf course
Indian Bayou is situated between the Gulf of Mexico and Choctawhatchee Bay in the quiet, relaxing only a few minutes from the beach on the cusp of “Old Destin” and the Kelly Plantation area. Turn north from the round-a-bout on Legendary Drive at The Palms of Destin and proceed towards Indian Bayou Golf Club.
It is crucial to have accurate, insightful market information and an agent who works diligently to find your new home or buyer. If you are interested in buying and/or selling real estate in the Destin and South Walton/30A area, I consider it a blessing and honor to help my customers and clients reach their real estate investment goals.