104 Lansing Island Drive, Indian Harbour Beach, FL
The Carpenter / Kessel Homeselling Team represented both sides of the transaction in the short sale of 104 Lansing Island Drive, a grand canalfront estate home on Lansing Island. The 4,100+sf, 4 bedroom residence sold for $907,000.
With more than 13 years of short sale experience, Carpenter / Kessel had the skill set to successfully close 104 Lansing Island Drive.
A “short sale” is a sale in which the proceeds from selling the property will fall short of the balance of debts secured against the property. The proceeds from the sale are not enough to repay the liens’ full amounts, whereby the lien holders agree to release their lien on the real estate and accept less than the amount owed on the debt. When an offer is made, that offer must be accepted by the seller and approved by the seller’s lien holders. The time it takes to receive an approval on a short sale transaction varies from 60 – 120 days or more. In August, the team successfully completed this painstaking approval process. A non-negotiable price of $907,000 was approved and the team was able to get the property under contract immediately.
Situated only blocks from the Atlantic Ocean, Lansing Island is a homeowner’s dream community. Accessible only from a single entry point by way of guarded bridge, Lansing Island is a private and secluded luxury gated waterfront community. The residents of Lansing Island are considered to possess some of the most prestigious luxury waterfront addresses in the state of Florida. Sparkling waters surround the island, with the Banana River on the west and Grand Canal on the east side, and the natural lush vegetation and wildlife that abounds are spectacular to behold.
The luxury waterfront properties on Lansing Island are all just as spectacular in themselves, each one a gem in its own right. Lansing Island homes for sale range in price from $1,000,000 to $5,000,000 and each of them sits on at least .75 acres of land. Most Lansing Island homes have direct Banana River access or river access through the Grand Canal that separates Lansing Island from the main barrier island part of Indian Harbor Beach and Satellite Beach FL.