Just 14 months ago, there was a bidding war for 109 Bayview.
The ocean-view townhome (3br/4ba, 2030 sq. ft.) in the South End of the Sand Section was built in the early 90s and still looked very much like that in 2013. And the floorplan's a bit choppy.
Still, it was easy to see why multiple bidders drove the price up $200K at the time: Ocean views that are simply jaw-dropping, awe-inspiring... heck, they're darn near a religious experience. (Over the top?)
Those views are partly thanks to favorable topography, and partly thanks to old height limits. You can't build this tall again, so there's a special kind of scarcity factor built into this building.
In November 2013, the sale closed at $2.600M. Then the new owner started thinking through a remodel.