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Huge Peter Bay Villa For Sale!
Posted: Mon Jan 19, 2009 9:55 am
by Teresa_Rae
In case you haven't seen the post yet, the guys at On STJ are saying that that HUGE new Peter Bay villa we've all talked about is for sale for $32 million!
I'm thinking that not very many people in the world can afford something that pricey, and that very few with that kind of money have even been to STJ. It could be on the market for years or never sell.
What do y'all think?
Posted: Mon Jan 19, 2009 9:57 am
by DELETED
DELETED
Posted: Mon Jan 19, 2009 10:34 am
by California Girl
I don't think it will sell for that price... not in this economy. When and if it does sell, I'm sure the price will be negotiated much lower. Maybe Starwood Hotels will buy it and use it as a boutique hotel - it's certainly big enough! LOL!
Posted: Mon Jan 19, 2009 10:39 am
by loria
if i had that kind of scratch i'd by the maho property.....and re-lease it to selengut or give it to the park
Posted: Mon Jan 19, 2009 10:52 am
by California Girl
loria wrote:if i had that kind of scratch i'd by the maho property.....and re-lease it to selengut or give it to the park
If I was that rich, I'd buy it and turn it into a forum house...everyone could stay for FREE! Just BYOB! 
Posted: Mon Jan 19, 2009 11:02 am
by loria
California Girl wrote:loria wrote:if i had that kind of scratch i'd by the maho property.....and re-lease it to selengut or give it to the park
If I was that rich, I'd buy it and turn it into a forum house...everyone could stay for FREE! Just BYOB!
now there's an idea we all could get used to!
Posted: Mon Jan 19, 2009 11:23 am
by PA Girl
Why would the owner sell it after all this time?!?!
I remember it being under construction back in the 90’s and I am fairly certain I have a picture from our honeymoon (1995) showing site work. I know the structure was going up in 1999.
Did he/she tire of the property now that it is finished?
Is the reality of ownership/management not as good as the dream? Personally, I thought the pool table would be nothing but trouble…..
Financial reasons?
Not that it is any of my business, just wondering.
We need Russ and Jeff to put on their undercover hats and get the scoop. I need something to distract me for my real work.
Posted: Mon Jan 19, 2009 11:38 am
by Wakey
I'd guess that like a lot of people the owner is taking a beating financially and wants to tighten their belt.
Do you think they'd take a check?
Posted: Mon Jan 19, 2009 3:17 pm
by PSUWethr
oh man, i only have $31 million in my checkbook. If we get a million forumites to chip in $32 bucks, we're home free?
I mean I would buy it but that is just too much to clean!
Posted: Mon Jan 19, 2009 5:04 pm
by SoulvilleUSA
I wonder if I could get a bank to finance it for $1200 a month with an ARM and a baloon payment after 5 years.... oh rats, guess I missed that chance. Ha!
Posted: Mon Jan 19, 2009 5:25 pm
by Cid
Does anyone have pictures of this meager shack?
Posted: Mon Jan 19, 2009 5:42 pm
by California Girl
Cid wrote:Does anyone have pictures of this meager shack?
Hijacked from On-St. John
Posted: Mon Jan 19, 2009 5:55 pm
by Cid
Thanks CG...We must have missed that one...although I'm not sure how one could miss a place that big!!
Posted: Mon Jan 19, 2009 6:01 pm
by bchbum82
Is that the Monster.com CEO's place? I have heard numerous owners of this place.
Posted: Mon Jan 19, 2009 6:08 pm
by Wakey