Galveston is betting on the high life.
Houston-based Falcon Group is partnering with Houston-based Grand Beach Development to plan a new luxury gated community on the eastern end of Galveston. This project is being marketed by Texas Coastal Realty.
The new community, dubbed the Estates of Grand Beach, will feature 10 beachfront lots, ranging in size from about two to four acres each. Costs start at $1.5 million per lot. Melaine Anderson, a broker for Texas Coastal, argues that this development is raising the bar for luxury living in Galveston.
Each lot has a minimum of 190 feet of beachfront.
"The Palisade Palm Condos are nice, but when extended family arrives, it becomes difficult and cramped for everyone to fit," Anderson says of another high-end Galveston option. "(These) lots range from two to four acres which allows the homeowner to have a private pool, a tennis court, or even a volleyball court if they wanted to."
Texas Coastal Realty is selling the lots by taking reservations. Once eight to nine reservations are secured, the process of building the houses will begin. From there, the plan calls for each lot owner to partner with Houston-based Kirksey Architects to build their beachfront home.
Each lot has a minimum of 190 feet of beachfront. "The 190 feet of beachfront allows the homeowner to have privacy in their front or backyard," Anderson says.
In addition, full-time security will be offered as well as usage of a private helipad. Who doesn't need a private helipad with Galveston's summer traffic?
In 2008, the Falcon Group created those Palisade Palm Condominiums, also on the east end of Galveston.
