My office has been involved in this development from the beginning. It is a beautiful community which was started just as the real estate market began to tank in 2006. The homes have beautiful finishes, and the club there is to die for--beautiful endless pool overlooking the dunes, a work out area, club room, etc.
It has been developed by an Atlanta builder, and is really starting to take off again given the upswing in our local real estate market.
It may not work too well for vacation rental property, as there is no direct beach access. It would be a great retirement home--quiet, secuded, and very beautiful.
If you would like to consider this or some other options that would probably be more productive for vacation rentals, please let me know, and I can help you find the right property to fit both needs.
Zillow zestimates tend to be way off base, since it doesn't differentiate between neighborhoods in a given city. It averages prices which can skew the outcome, and can make people think they can get a property at an unrealistic price. If you would like, I would be happy to do a comparative market analysis for you for any community or neighborhood you might be interested in.
I look forward to being able to assist you further.
Myke Triebold, GRI, LMC, SFR, ABR (Accredited Buyer Representative)