Very nice. Around here, water front, even in the podunks, go for a big bit of change! But then you do get the beach at your door.
But be forewarned! Do not build on the beach on a tidal river. They dont call it a tidal surge with a Hurricane for nothing! A friend had a house about 60 miles from the ocean, on a river. But the river was tidal, and Isabel flooded her house!