08/10/2025
“Once this beach is rebuilt and it’s all brand-new construction, I think it’s going to be a very desirable spot for a lot of wealthy people to try to buy a beach house,” Weston Littlefield of Weston James Group tells Realtor.com. He and his colleague Alex Howe are working with a foreign investor who bought nine lots worth over $65 million—but the process isn’t random.
The investor targeted lots with a specific feature.
“He started building a team on his end of expediters, architects, and kind of figured out what the best size lots and frontage would be to build on to eventually resell,” says Littlefield. “And based on their formula, we were only acquiring lots that were 40-plus feet of frontage.”
Desirable burned lots weren’t listed, so Littlefield contacted owners directly. “I’d say probably about 50% had sentimental value to their properties just based on memories, or their parents passed it down to them, which was a very tough subject to get across with them,” he says.
“But a lot of them, ultimately, just didn’t want to go through the rebuilding process because of how long they knew it was going to take to really come back.”
Learn more about the land purchases and potential developments, full story: https://rltor.cm/um1tc6