In our year end roundup of top stories in 2017 just two weeks ago, we noted the good news this past fall of the quick recovery of Mustang Island’s hurricane-stricken Cinnamon Shores vacation rental community. Now here’s great news from the luxury residential development in Port Aransas: Cinnamon Shore developer Sea Oats Group just announced the property recorded fourth quarter sales nearing $20 million, up more than 50 percent over the year-end 2016, and bringing total sales for 2017 to $33 million.
“Despite Hurricane Harvey, Cinnamon Shore’s sales exceeded all expectations,” said Jeff Lamkin, CEO of Sea Oats Group. “In fact, we’ve closed on 10 residences and homesites post-Harvey, with another five closings scheduled before the end of this year,” he added.
Here’s more detail about this pedestrian-friendly “New Urbanism” community styled in Gulf Coast vernacular, a bright spot in the unfolding recovery of the Texas Coast: