Bit of an ego dent to those who live in the more illustrious areas of the Atlantic Seaboard, hey?

You could say the same for the likes of Miami and Monaco and Monte Carlo, though, because the new holder of the title of “most expensive stretch of coastal real estate in the world” is a tiny millionaires’ playground called Sandbanks in Dorset, southwestern England.

The residents of Panorama Road, in particular, will be pretty stoked, as the Daily Mail reports:

An 850ft stretch of road in one the UK’s most exclusive enclaves, Sandbanks, contains just 13 harbourside mansions that total a staggering £93 million in value.

The narrow plots measuring between 40ft and 60ft wide on Panorama Road make it the most expensive piece of coastline in the world in terms of price per square foot.

That £93 million equates to R1,8 billion, so those 13 mansions have an average value of R138 million. Not a bad line-up:

The views from those cribs ain’t all that bad:

The mansions on the peninsula in Poole Harbour, Dorset, offer unrivalled views over the world’s second biggest natural harbour.

There is almost total privacy at the front of the properties while back gardens run down to the water’s edge.

Such is the ‘super-prime level’ of the Sandbanks market, two ultra-modern properties with indoor swimming pools were recently snapped up in quick succession for a combined £15.6m.

One, a sprawling state-of-the-art mansion, sold for more than £8m, while the other sold for £7.5m before the sales brochure had come out.

Last week another property on a plot of land bought by Beatles star John Lennon for his beloved Aunt Mimi, went up for sale for £7.2m.

Here’s a good aerial shot to give you further perspective:

The important bit here is that ‘price per square foot’ parameter. Whilst mansions in areas like Miami and Monte Carlo may sell for more, they are set on much larger plots of land.

That’s something that real estate agents in the UK aren’t shy of mentioning:

Adrian Dunford, of Sandbanks estate agents Tailor Made, said: ‘We now believe this part of Sandbanks is the most expensive stretch of coastline on the planet in terms of price-per-square foot…

‘The thing about Sandbanks is that it is a peninsula and so we are hemmed in. You can’t increase the number of properties and so supply and demand dictate the prices.

The demand for the beachside, private properties has created a rather unique situation, where you can have houses worth £8 million on one side of the road and just £800 000 on the other.

‘Just’.

Still, how many days of sunshine does Dorset actually receive in any given year? Makes those party mansions in Clifton look appealing…

[source:dailymail]