Multimillion Dollar Sales in Woodfield, Fieldbrook Estates, Le Lac & St. Andrews

Fieldbrook Estates is a prestigious guard gated community with spectacular waterfront estates. The community is located minutes away from fine dining and shopping and major highways, airports and beaches. It is on the west side of Jog Road, just north of Clint Moore. Students attend Calusa Elementary School, Omni Middle School and Spanish River Community High School.

Two houses in Fieldbrook Estates; image by Google
Two houses in Fieldbrook Estates; image by Google. Google Maps show sthe addresses as “East” while tax records show them as North and West.

The Mediterranean mansion at 17709 Fieldbrook Circle N sold for $3.8 million. It has 6 bedrooms and 7.3 bathrooms in 8374 sq. feet of living space. Located on the waterfront, this estate sits on one lush acre. It has high end finishes including marble floors and impact glass. There are 4 garage spaces. The master bedroom is located on the ground floor and has separate shower and tub. The very large covered deck with wood ceiling overlooks an oversized resort style pool. It was built in 2010 and purchased for $2.2 million in 2012.
The estate home at 17760 Fieldbrook Circle W sold for $2 million. It has 7 bedrooms and 5.2 bathrooms in 8731 sq. feet of living space. The large entry and living room features large 2 story windows with beautiful views and a fireplace. The gourmet kitchen has state of the art appliances including Thermador, Miele, sub-zero and bosch. There are marble floors in the main living areas and wood flooring in the family room and hand crafted mahogany office. The first floor master suite has a sitting area, private staircase to a loft and an elegant master bathroom with onyx and marble jacuzzi and vanities.  The estate boasts a private tennis court, basketball court, summer kitchen and over-sized pool and spa.  There is even a screening room/theater. Built in 1991, it was sold for $1.45 million in 2003.
Le Lac is an intimate gated enclave of only 32 multi-acre estates nestled among 200+ acres of serene tropical land with 60+ acres of scenic lakes. Le Lac Road is located on the north side of Clint Moore Road between Military and Jog Roads. Students attend Calusa Elementary School, Omni Middle School and Spanish River Community High School.
6009 Le Lac Road; image by Google
6009 Le Lac Road; image by Google

The single level mansion at 6009 Le Lac Road sold for $2.925 million. It has 6 bedrooms and 7.1 bathrooms in 7301 sq. feet of living space. It also boasts a 5 bay garage. A tree-lined drive leads to a stately double-door entry and spacious living areas with sleek marble floors and high ceilings. The formal dining room is served by a butler’s pantry. The gourmet kitchen has a large island, custom hardwood cabinetry, granite counters and high-end appliances.  Located on over 4 acres, this magnificent estate is surrounded by lush tropical greenery and a private lake. Our favorite feature is the bridge across the lake to the tennis court. There is also an expansive outdoor entertainment area featuring a large free-form pool with spa, built-in grill area and covered dining patio.  Built in 1997, it was last purchased for $3.150 million in 1998.
Coventry at Woodfield Country Club is a private country club and gated community with a large clubhouse, exercise room, golf course and tennis courts. The community also has basketball courts, bike and jogging paths and a resort pool and spa. The entrance is on the north side of Yamato Road, just west of Jog Road. Equity membership is required. Students attend Calusa Elementary School, Omni Middle School and Spanish River Community High School.
3791 Coventry Lane; image by Google.
3791 Coventry Lane; image by Google.

The large Mediterranean home at 3791 Coventry Lane sold for $2.5 million. It has 6 bedrooms and 6.3 bathrooms in 6770 sq. feet of living space. A private elevator goes straight to the custom office. There is an oversized custom paneled library and a state of the art theater room. There is a gorgeous gourmet kitchen with double wall ovens, onyx bar and more. Located on the waterfront, there is a heated pool and spa and views of the golf course. Built in 1999 for $1.170 million, it was sold for $2.3 million in 2011.
3795 Coventry Lane; image by Google.
3795 Coventry Lane; image by Google.

Two doors over the two story home at 3795 Coventry Lane sold for $2 million. It has 6 bedrooms and 5.1 bathrooms in 5186 sq. feet of living space. Special features include a generous second floor loft, french doors in every entry way and soaring picture windows. There is Jerusalem stone flooring and hardwood flooring throughout the home. The large kitchen has 2 sinks, 2 dishwashers, 2 ovens and a large center island and wine fridge. The master bedroom is very spacious with beautiful, dark wook closet systems. The large free-form heated pool has dramatic water falls and is surrounded by Chicago brick pavers. There is also a fully equipped summer kitchen.  Built in 2001, it was purchased for $1.8 million in 2014.
St. Andrews Country Club boasts an expansive clubhouse with basketball courts, a large pool, and tennis courts. There is a large recreation and aquatic center as well as 2 golf courses. There is a mandatory golf membership which requires a non refundable initiation fee. The club also offers dining and catering venues. St. Andrews Country Club is located on Clint Moore Road west of Jog Road.
Two houses in St. Andrews; image by Google
17403 St. James Court (left) and 6821 Lions Head Lane; image by Google

The traditional home at 6821 Lions Head Lane sold for $1.675 million. It has 4 bedrooms and 4.2 bathrooms in 4628 sq. feet of living space located on a cul-de-sac half acre lot with long lake views. The beautiful master suite has wood floors and a large bath with double showers and vanities. There is a gourmet kitchen with sleek white cabinets and a double wall oven. The resort style outdoor area has a summer kitchen, covered patio and free form pool and spa. The home was built in 1992 and purchased for $1.576 million in 2014.
The large contemporary home at 17403 St James Court sold for $1.280 million. It has 5 bedrooms and 6.1 bathrooms in 6065 sq. feet of living space. The open floor plan has beautiful views of the lake. The master bedroom has tremendous closets and separate baths. The outdoor screened patio overlooks the pool along with a tee box and nearby green.  The home was built in 1989 for $240,000.

Megahouses Sold in Le Lac, St. Andrews and Woodfield

3748 Coventry Lane; image and map data by Google
3748 Coventry Lane; image and map data by Google

This custom estate home in Woodfield Country Club sold for $1.910 million. 3748 Coventry Lane sits on over 1/2 acre and has a lush backyard featuring a pool and heated jacuzzi. There is a large screened-in lanai as well.
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The home has 6 bedrooms and 6.1 bathrooms in over 5700 sq. feet of living space. The gourmet kitchen has state of the art appliances and the family room features a home theatre. The master suite is on the main floor and the master bath features a shower and steam room. Built in 1998, it was previously purchase in 2002 for $1.7 million.
The buyer is a Delray personal injury lawyer with a cute website name – RUHurt (Are you hurt?) – dot-com. The seller is a big player in commercial real estate.
6030 Le Lac Road; image and map data by Google
6030 Le Lac Road; image and map data by Google

This exquisite lakefront estate, located in Le Lac, sold for $3.1 million. Le Lac is a gated community on the north side of Clint Moore east of Jog Road, with 32 multi-acre estates. The Mediterranean home at 6030 Le Lac Road has 5 bedrooms and 5.2 bathrooms. The 5,773 sq. feet of living space was totally renovated in 2009. The home boasts marble and wood floors, walk in closets and a gourmet eat in kitchen.
Built in 1992, the home sits on over 2 acres of land. It has a spectacular backyard with a large heated pool and exterior fireplace overlooking a lake and a private dock. There is even a 4 car garage. The home was previously purchased in 2008 for $2.791 million.
Seller Gary Schultheis is a prominent figure in the internet domain name industry. One of his previous companies, TLO.com, filed for bankruptcy in 2013. County records don’t show the name of the buyer yet.
17060 Brookwood Drive; image and map data by Google
17060 Brookwood Drive; image and map data by Google

The stunning estate home at 17060 Brookwood Drive sold for $2.775 million. Located in St. Andrews Country Club, it sits on almost 1/2 acre in a quiet cul de sac. The impressive entrance features marble floors and a beautiful ceiling. The chef’s kitchen has 2 dishwashers and a double-wide gas stove. There are 4 bedrooms and 5.2 bathrooms in over 6500 sq. feet of living space. The large master bedroom is on the ground floor.
The home has impressive lake and golf views and a 4 car air conditioned garage. The sundeck has an outdoor kitchen, infinity pool and separate spa. The property was purchased for $950,000 in 2000 and the home was built in 2001.
Seller Steven Schonfeld is a long-time Wall Street player. County records do not show the buyer yet.
7699 Fenwick Place; image and map data by Google
7699 Fenwick Place; image and map data by Google

Another high end house in St. Andrews, located at 7699 Fenwick Place, sold for $2.4 million. This European style home was built in 2009 and features 5 bedrooms and 6.3 bathrooms in over 7700 sq. feet of living space. Special amenities include a chef’s kitchen, an elevator, marble and wood floors, a sauna, wine cellar and home theater.
The home has views of the golf course both front and back. There is a private pool in the backyard and a 3 car garage, plus impact windows and a 30kw whole house generator.
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West Boca McMansions – Real Estate Trends and Analysis

Real estate trends in West Boca
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We’ve been looking at recent real estate trends in West Boca. We started with neighborhoods, discussing Boca Falls in one article and Boca Isles in another.
For this article we’re taking a different approach. We looked at large houses, over 6000 square feet, and we included southwest Delray Beach because the market is similar. These “McMansions” sales were clustered in a fairly small area as shown on the map below:

Data from FlexMLS.
Data from FlexMLS.

Transactions in this class consistently average over $2 million, and around $300 per square foot of living space. When starting to review this we separated houses into two groups – inside and outside a membership club. Some of the most common membership clubs in our data include St. Andrews Country Club, Mizner Country Club, Boca West, Polo Club, Addison Reserve and Woodfield Country Club. Top neighborhoods that do not require membership include Long Lake Estates, The Oaks, The Bridges, Azura, Stone Creek Ranch, and Le Lac.
We do not see a big difference in values between these two groups. At this end of the market country club memberships do not seem to have much impact on real estate prices. Either way the neighborhoods are exclusive.
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It’s also hard to identify clear trends because the individual homes tend to be more unique. At the low end some houses sold for as little as $1 million at $150/sq.ft. or less, while two houses went in the $600/sq.ft. area and the most expensive went for nearly $10M and over $900/sq.ft.
Still, here’s what we see:

  1. Large home sales increased dramatically in total numbers. There were 23 such transactions in the first half of 2014, 17 in the second half of 2014, and that rose to 35 transactions in the first half of 2015. There was a particularly big turnover of homes in St. Andrews.
  2. The total size of the market also increased, from $57M in the first half of 2014 to $76M in the first half of this year. In 2014 the value was driven by a few very high-end homes. In 2015 it’s the total volume that’s driving things.
  3. Average prices dropped. In both the first and second half of 2014 the average transaction was close to $2.5 million. In the first half of 2015 the average transaction was under $2.2 million. The average in 2014 was around $320/sq.ft. and that dropped to $290/sq.ft.

The biggest lesson we see in all of this is for sellers. If you have a large house there is a very wide spread in prices. This is driven by the features of the house and by finding the right buyer both for that house and for the community. The most patient sellers get more value by holding out for that buyer, but may wait a year, two years or even longer to get a sale done.
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Our spreadsheet for this analysis is below:
[gview file=”http://westbocanews.com/wp-content/uploads/2015/07/6000sqft-1h-2015.xls”]