$800K+ Home Sales: The Bridges, Seven Bridges, The Oaks and More

Seventeen single family homes sold west of the Turnpike for over $800K since August 1st. Six were in The Bridges, four in Seven Bridges, three in The Oaks, with one each in Long Lake Estates, Rio Poco, Saturnia Isles, and Mizner Country Club.
The Bridges
The biggest transaction was 16781 Crown Bridge Drive in The Bridges, which was sold new by GL Homes for just over $2 million in mid-August. It is by far the largest house in this report with over 7500 square feet, 6 bedrooms, 6 full and 2 half baths, a cul de sac location with waterfront, a pool, and a variety of high end features including an elevator. The price works out to $273 per square foot.
On the same street, the much smaller 16834 Crown Bridge Drive sold for $1.6 million with 4600 square feet, 4 bedrooms and 5 and a half baths. For the size this was a much higher price at $345/sq.ft. It took over a year to sell.

16910 Charles River Drive sold for $1,598,000 at the end of August; image from PBC appraiser.

16910 Charles River Drive sold for just under $1.6 million with only 3350 square feet. The price works out to $476 per square foot. The seller touted over a million dollars in upgrades including air conditioned garages, a generator for the house, salt pool with infinity spa, etc. With all that in mind we’d guess the seller lost money on the house after upgrades.
Stepping down a bit, 8365 Hawks Gully Avenue sold in a couple weeks for just over $1 million with the same 3350 square feet, 3 bedrooms and 3 and a half baths. Its pool design was featured in a YouTube video:

Dropping below $1M, 8701 Lewis River Road sold for $983K with 5200 square feet (under $200/sq.ft.), and 8187 Lawson Bridge Lane sold for $885K with 4300 square feet.

Seven Bridges
9735 Vitrail Lane sold new by GL for just over $1.1 million with 4200 square feet, 4 bedrooms and 4 and a half baths.
Next door the much larger 9831 Vitrail Lane was also sold new by GL for just under $1.1 million with 5200 square feet, 5 bedrooms and 6 and a half baths.
16436 Pantheon Pass sold for $1.03 million in August, only 4 months after a previous transaction for $940K. The contract was signed only 2 months after the earlier transaction, making us wonder if the new buyer’s agent informed the buyer about that earlier price.
16903 Pavilion Way sold new by GL for $964K with 3000 square feet, 3 bedrooms and 3 and a half baths. The price works out to roughly $320 per square foot, even though there’s no waterfront.
The Oaks
We don’t see many single story homes in The Oaks, but two of them are in this report.
9074 Pintura Way sold for just over $1.2 million with over 3400 square feet, 4 bedrooms, and 3 and half baths. The rear of the house faces south with a lake view. It’s encouraging to see this sold for $200K more than when it was purchased new in 2014.
17654 Cadena Drive sold by the builder (Standard Pacific) for $900K with 3500 square feet, 3 bedrooms and 3 1/2 baths.
The two-story 17842 Lake Azure Way sold for $855K with 4500 square feet. We think this was a Chinese drywall home that was completely redone as it was originally sold for just over $1M in 2006 by Albanese, and then bought in 2016 for only $315K.
Others
In Long Lake Estates, 18094 Sentinel Circle sold for $1.5 million with 5300 square feet, 6 bedrooms and 6 and two half baths. The one floor home has over an acre of land and over 250 feet of waterfront.
16215 Rio Baile in Rio Poco sold for $975K with nearly 4800 square feet, 6 bedrooms and 5 baths.
Across 441 in Saturnia Isles, 9512 Savona Winds Drive sold for $855K with 4800 square feet, 5 bedrooms and 4 1/2 baths.
And just north of The Bridges in Mizner Country Club, 8911 Oakland Hills Drive sold for $850K with 4500 square feet, 5 bedrooms and 5 1/2 baths.

May Home Sales I: $800K to $6.4M

16031 Quiet Vista Circle in Stone Creek Ranch sold for $6.4M. Image and map data by Google.

We reviewed over 80 single family home sales (west of the Turnpike up to Atlantic in Delray) from May 1 into early June, restricted to homes with 3 or more bedrooms and at least 2000 square feet of living space. This is Part One of that review, covering homes selling over $800,000. All these homes were in zip codes 33498, 33496, and 33446, mostly in The Bridges, Seven Bridges, and The Oaks.
Click here for Part Two.
At the high end was 16031 Quiet Vista Circle in Stone Creek Ranch, on the west side of Lyons just north of Seven Bridges. The nearly 14,000 square foot house with 10 bedrooms and 10 1/2 baths sold for $6.4 million. The seller was billionaire Steven A. Cohen. The buyers are Cynthia Williams and her husband Ronald “Ron” Williams, former CEO of Aetna, with an estimated net worth close to $200M.
8700 Surrey Lane sold for $2.8M; image and map data by Google

There was one other transaction for over $2M. 8700 Surrey Lane in Horseshoe Acres (north of Clint Moore, east of Lyons) sold for just over $2.8M with only 5 bedrooms and 5 1/2 baths in 6000 square feet.
Nine other homes sold for $1M or more, in The Bridges, Seven Bridges, The Oaks, and Long Lake Estates. Most of these sold for between $215 and $250 per square foot, with two in The Bridges going for closer to $300 per square foot.
The smallest of these was 8510 Hawks Gully Avenue, with 3 bedrooms and 3 1/2 baths in 3350 square feet. It sold for $1.1M ($328/sq.ft.) in just 17 days on the market. The house is on a corner lot with no waterfront and has significant upgrades including a gorgeous pool, but it still seems like a hefty price for what the buyer got. The house was previously purchased for less than $1M in 2015.
The best bargain of the million dollar homes was probably 8646 Lewis River Road, a 5200 sq.ft. 5 bedroom with a partial lake view which sold for just over $1.1M, or $216/sq.ft.
Others sold include:

  • $1.43M: 18529 Long Lake Drive, Long Lake Estates, 6 bedrooms, 4 1/2 baths, 5800 sq.ft.
  • $1.35M: 16844 Strasbourg Lane, Seven Bridges, 5 bedrooms, 6 full and two 1/2 baths, 5500 sq.ft.
  • $1.2M: 17681 Middlebrook Way, The Oaks, 5 bedrooms, 5 1/2 baths, 5500 sq.ft.
  • $1.14M: 16615 Sagamore Bridge Way, The Bridges, 4 beds, 5 baths, 3900 sq.ft.
  • $1.08M: 17745 Vecino Way, The Oaks, 5 beds, 4 baths, 4450 sq.ft.
  • $1.07M: 8518 Hawks Gully Ave, The Bridges, 4 beds, 4 1/2 baths, 4300 sq.ft.
  • $1.02M: 9488 Eden Roc Ct, Seven Bridges, 5 beds, 6 baths, 4700 sq.ft. (new home)

$800K – $1M
Six homes sold for prices between $800,000 and $1,000,000, including three in The Oaks, one in Mizner Country Club, one in Saturnia, and one in Rio Poco.

16135 Rio Baile sold for $995,000. Image by Google.

16135 Rio Baile in Rio Poco (west side of 441 across from Saturnia Isles) sold for $995K. The house has 6 bedrooms and 5 1/2 baths in 4200 square feet on a one-acre lot.
What would seem to be one of the biggest bargains was 17891 Monte Vista Drive in The Oaks. Selling for $880K, the house has 7 bedrooms, 6 full and 2 half baths in 5500 square feet. Those familiar with The Oaks will guess correctly that the house has a Chinese drywall history. Purchased in 2007 for $1.3M, it was foreclosed in 2013 and then sold to an investor for $751K. Considering the cost of capital and other expenses, the investor probably lost money on this deal.
Others selling at $800K or more include:
$860K: 17978 Lake Azure Way, The Oaks, 4 beds, 5 1/2 baths, 4300 sq.ft.
$832K: 17689 Lake Azure Way, The Oaks, 3 beds, 3 full and 2 1/2 baths, 3400 sq.ft.
$800K: 16367 Braeburn Ridge Trail, Mizner Country Club, 4 beds, 3 1/2 baths, 3550 sq.ft.
$800K: 11742 Watercrest Lane, Saturnia, 6 beds, 4 1/2 baths, 4700 sq.ft.
It’s an interesting question comparing older and newer homes and that’s illustrated by two of the above transactions. In Saturnia, 11742 Watercrest Lane was built in 1999 and seems a relative bargain at $800K for a two-story home with 4700 square feet. While it could use updating in a few places the house has some very nice features including a gorgeous kitchen, a downstairs master bedroom suite and a swimming pool. By comparison in Seven Bridges, 9488 Eden Roc Court sold brand new for just over $1.02M, also with 4700 square feet. The Seven Bridges buyer paid an extra $224,000 for a house that is narrower on a smaller lot with no pool, and the master bedroom is on the second floor. Seven Bridges also has substantially higher HOA fees at close to $500/month vs. $320/month in Saturnia.
11742 Watercrest Lane in Saturnia at $800K vs. 9488 Eden Roc Ct in 7 Bridges at $1.02M. Images by Google.

Which house do you think is a better deal?
Coming in Part Two – Homes from $185K to $750K.

Homes Sold in Long Lake Estates, The Oaks and St. Andrews Country Club

The biggest real estate moment this week in West Boca was a crane falling over on a house in Long Lake Estates. But beyond that:
Homes in the 33496 zip code are located between 441 and Military Trail, north of Yamato Road to the Delray line. Neighborhoods in this area include Long Lake Estates, St. Andrews, The Oaks, Woodfield Country Club, Newport Bay Club, Boca Gardens, Broken Sound, Whisper Walk, The Polo Club, Lakeridge and Seasons. Numerous homes sold in the past couple months.
Screen Shot 2016-02-04 at 8.59.50 AMLong Lake Estates is a prestigious community in Boca Raton with 117 estate homes. The private gated community offers 1+ acre homesites and custom homes. Many have lake views. The homes are on winding tree-lined streets among park areas. Students are zoned for Whispering Pines Elementary School, Omni Middle School and Olympic Heights Community High. The community is located on Clint Moore Road west of the turnpike.

18450 Long Lake Drive; image and map data by Google. Seller is Granofsky.
18450 Long Lake Drive; image and map data by Google. Seller is Granofsky.

The exquisite mansion at 18450 Long Lake Drive sold for $2.3 million. It has 6 bedrooms and 7.2 bathrooms in 7000 sq. feet of living space. The home is located on over 1+acres. There is a paved entrance and a side-entry four bay garage. There is a grand two-story foyer leading to a window-walled living room. There are fine finishes throughout the home including detailed moldings, furniture-grade built-ins and marble floors. The gourmet kitchen has granite counters, a walk-in pantry and sub zero refrigerator. The master suite and guest room are on the main level. Four bedroom suites and a game/media room are upstairs. The outdoor space includes a summer kitchen and free-form pool on a garden patio. This mansion was a custom build by award-winning Charise Watt in 2005 for $990,000.
The large estate home at 8419 Twin Lake Drive sold for $1.3 million. The home has 8 bedrooms and 7.1 bathrooms in 8419 sq. feet of living space. A large paved drive leads to a 5 car garage. The home has an open floor plan and is one floor. It is located on the lake and has an in ground pool. The master bedroom is on the ground level. The seller acquired the property through foreclosure and it needs some TLC. It was built in 1994 for $480,000.
18250 Long Lake Drive sold for $2.1 million. It has 4 bedrooms and 4 1/2 baths in over 6000 square feet of space and more than an acre of land.
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The Oaks is a gated family community with a large clubhouse and pool, 12 court tennis center and luxurious spa. Students go to Sunrise Park Elementary School, Eagles Landing Middle School and Olympic Heights Community High. Bordering Clint Moore Road, 441 and Lyons Road, it is close to shopping and dining.
9107 Redonda; image and map data by Google
9107 Redonda; image and map data by Google

The elegant custom estate at 9107 Redonda Drive sold for $1.8 million. It has 6 bedrooms and 8.2 bathrooms in 6791 square feet. The estate was professionally decorated by one of New York’s top designers. The master bedroom is located on the first floor. The gourmet kitchen has custom cabinets with a very large island, and double ovens. A unique feature is a climate controlled wine room.
The outside features a resort style pool and spa, covered lanai with summer kitchen and a lake view. It was originally purchased in 2009 for $1.839 million.


Next up, sold by our brokerage:
lakeazurehomeThe contemporary home at 17979 Lake Azure Way sold for $861,000. It has 5 bedrooms and 5.2 bathrooms in 4525 sq. feet of living space. This 2 story estate home has a spectacular lake view, private pool and covered patio.
poolThe brand new kitchen has quartz counters and stainless steel appliances.
kitchenThe foyer features a curved staircase with iron spindles. The master bedroom is on the ground floor and has great views of the lake. Built and purchased for $1.2 million in 2006, it was purchased by a bank for $507,100 in 2013.
Other sales in The Oaks include:
$890K – 17878 Monte Vista Drive; 6 bedrooms, 5.2 baths, 5500 square feet
$1.3M – 17888 Key Vista Way; 5 bedrooms, 6.2 baths, 5400 square feet
$1.4M – 17904 Key Vista Way; 5 beds, 5.1 baths, nearly 6200 square feet
$950K – 17810 Lake Azure Way; 5 beds, 4.2 baths, 4500 square feet
$1.4M – 17799 Cadena Drive; 6 beds, 6.2 baths, 6200 square feet
$1.2M – 9261 Este Lago Drive; 6 beds, 7.2 baths, 6400 square feet
$1.3M – 17893 Key Vista Way; 6 bed, 5.2 bath, nearly 6000 square feet
$1.3M – 9471 Bridgebrook Drive; 5 bed, 5.1 bath, nearly 6000 square feet
$1M – 17846 Monte Vista Drive; 5 beds, 4.2 baths, 4700 square feet
St. Andrews Country Club, a gated community, 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.
7415 Fenwick Place; Image and map data by Google
7415 Fenwick Place; Image and map data by Google

The contemporary new construction estate on just under half an acre at 7415 Fenwick Place sold for over $2.9 million. It was completed in late summer 2015. Located on the lake, it has 6 bedrooms and 6.1 bathrooms in 7342 sq. feet of living space. The estate home features a gourmet kitchen, formal living and dining rooms and a large family room, breakfast area and office. There is marble flooring throughout the 2 story home. The master bedroom is on the ground level. The backyard has an in ground pool. There are 4 garage spaces.
7020 Lions Head; image and map data by Google.
7020 Lions Head; image and map data by Google.

The Mediterranean style home at 7020 Lions Head sold for $1.1 million. It has 5 bedrooms and 7.3 bathrooms in 6293 sq. feet of living space. This courtyard home has glazed Spanish tile flooring throughout and an elevator. In the entry, there are custom hand carved doors and cast stone columns. The living room features a wood burning fireplace with extensive us of stained glass. The courtyard boasts a lap pool, covered patio area with entertainment bar and hot tub. The kitchen has granite counters, natural hardwood cabinets and a double oven. The home was built in 1993 for $894,000.
Other sales in St. Andrews:
$775K – 17938 Lake Estates Drive; 4 beds, 5.1 baths, 4400 square feet
$1.1M – 7360 Ballantrae; 5 beds, 5.1 baths, 5400 square feet
$1.5M – 7162 Ayrshire Lane; 4 beds, 4.1 baths, 4500 square feet
$2.4M – 17361 Allenbury Court; 5 beds, 6.2 baths, nearly 7100 square feet
$850K – 7686 Stonehaven Lane; 4 beds, 5.2 baths, 5300 square feet
$1.2M – 7060 Lions Head Lane; 5 bed, 6.1 bath, 5300 square feet
$2.15M – 17828 Scarsdale Way; 7 beds, 6.1 baths, over 8600 square feet
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Other sales of note:
Broken Sound – Tanglewood
$1.2M – 6010 NW 23rd Terrace; 5 beds, 5.1 baths, 4600 square feet
$1.2M – 6055 NW 23rd Terrace; 4 beds, 4.1 baths, 4900 square feet
$577K – 6252 NW 21st Court; 3 beds, 4 baths, 2900 square feet
$615K – 2123 NW 62nd Drive; 3 beds, 4 baths, 2800 square feet
Polo Club
$1M – 17834 Deauville Lane; 3 beds, 4.1 baths, 4400 square feet
$1.1M – 17290 Coral Cove Way; 4 beds, 4 baths, 4200 square feet
$825K – 5077 Suffolk Drive; 3 beds, 3.1 baths, 2900 square feet
Seasons
$725K – 6532 NW 32nd Terrace; 4 beds, 4 baths, 3000 square feet
$820K – 6539 NW 33rd Ave.; 4 beds, 3.1 baths, 3300 square feet
Woodfield Country Club
$912K – 6524 Somerset Circle; 4 beds, 3 baths, 3600 square feet
$651K – 6359 Avalon Pointe Court; 4 beds, 4 baths, 4300 square feet
$1.2M – 3998 NW 52nd Place; 7 beds, 7.1 baths, 5100 square feet
$715K – 3129 Westminster Drive; 4 beds, 4 baths, 3300 square feet
Fieldbrook
$1M – 17625 Fieldbrook Circle E; 4 beds, 3.1 baths, 3600 square feet
$1.2M – 17595 Fieldbrook Circle E; 4 beds, 3 baths, 4200 square feet
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Million Dollar Homes Sold

Zip code 33496; image and map data by Google
Zip code 33496; image and map data by Google

Several million dollar homes sold recently in the 33496 zip code. The zip code runs north from Yamato to the Delray line, and east from 441 to Military Trail. It is home to the most expensive real estate in West Boca.
18450 Long Lake Drive; image and map data by Google
18450 Long Lake Drive in Long Lake Estates; image and map data by Google

The beautiful estate home at 18450 Long Lake Drive in Long Lake Estates sold for $2.3 million. Long Lake Estates attained some national fame when Mitt Romney made his 47% remark at an event there.
The house has 6 bedrooms and 7.2 bathrooms in 7,000 sq. feet of living space. This stunning home has an impressive driveway and entrance along with a side entry 4 bay.  Custom built in 2005 by award-winning Charise Watt and noted architect Randall Stofft, it sits on over 1 acre of private grounds.
The seller appears to be Richard Granofsky, a New York City litigator. He purchased the lot in 2003.
The interior is connected to the expansive outdoor entertaining space with a summer kitchen and free form pool. The interior of the home has detailed moldings, marble floors and furniture like built=ins. The window-walled living room has a hand-painted ceiling. The formal dining room is adjacent to a wine room and gourmet kitchen with granite counters, walk in pantry and sub-zero refrigerator and freezer. The ground level master suite has 2 walk in closets and 2 separate marble bathrooms. Upstairs are 4 bedrooms suites plus a game/media room opening to a balcony above the pool.
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The contemporary home at 2705 NW 71st Boulevard in Royal Palm Polo sold for $2.2 million. It has 5 bedrooms and 5.1 bathrooms in 5984 sq. feet of living space. Newly built, the home boasts a magnificent 2 story foyer with wood spiral staircase. There is a custom wine room off the formal dining room. The expansive gourmet kitchen has a large center island, butler’s pantry and wolf/sub zero appliances.
The upstairs has a large game room and separate media room. The beautifully landscaped yard has a private pool and separate spa. There is also an outdoor kitchen and bbq pit. In addition, there are 2 separate 2 car garages.
9067 Redonda Drive; image and map data from Palm Beach County Appraiser
9067 Redonda Drive in The Oaks; image and map data from Palm Beach County Appraiser

Four homes in The Oaks sold for over $1 million. The British colonial home at 9067 Redonda Drive sold for $1.550 million. It has 5 bedrooms and 5.2 bathrooms in 6670 sq. feet of living space situated on a corner lot. Built in 2014, it has a beautiful pool with lush landscaping. The first floor has a guest suite with a private bath, game room, media room and home office. A dramatic spiral staircase leads to the master bedroom with his and her private baths and a covered balcony.
The house is on a corner lot on the east side of The Oaks, where newer homes are still being built by the developer.
Other high-end sales in The Oaks include:

  • $1.38M – 17613 Middle Lake Drive, with 7 bedrooms, 6 full baths and 2 half baths
  • $1.175M – 9261 Este Lago Drive, with 6 bedrooms, 7 full baths and 2 half baths
  • $1.05M – 17583 Middle Lake Drive, with 6 bedrooms, 5 full bathrooms and 2 half baths

7162 Ayrshire Lane; image and map data by Google
7162 Ayrshire Lane in St. Andrews; image and map data by Google

Three homes in St. Andrews Country Club sold for over $1 million. The large ranch at 7162 Ayrshire Lane sold for $1.5 million. It has 4 bedrooms and 4.1 bathrooms in 4551 sq. feet of living space. Built in 1988, it has an expansive fairway view. Its original purchase price was $758,800.
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Other million dollar sales include:
6549 NW 38th Court; image and map data by Google
6549 NW 38th Court in Woodfield; image and map data by Google

  • 6549 NW 38th Court in Woodfield Country Club sold for $1.357 million. It has 5 bedrooms and 5.2 bathrooms in 4861 sq. feet of living space.
  • 5221 Deauville Circle in Polo Club sold for $1.2 million. It has 4 bedrooms and 4 bathrooms in 3772 sq. feet of living space.
  • 3998 NW 52nd Place in Devon Place sold for $1.2 million. It has 7 bedrooms and 7.1 bathrooms in 5143 sq. feet of living space.
  • 6010 NW 23rd Terrace in Tanglewood sold for $1.2 million. It has 5 bedrooms and 5.1 bathrooms in 4639 sq. feet of living space.
  • 17595 Fieldbrook Circle E sold for $1.150 million. It has 4 bedrooms and 3 bathrooms in 4200 sq. feet of living space.

Homes Sold in Broken Sound, Newport Bay and Woodfield Country Club: 33496

Neighborhoods in this report include Long Lake Estates, St. Andrews, The Oaks, Woodfield Country Club, Newport Bay Club, Broken Sound, The Polo Club, Boniellos Acres and Seasons.
Broken Sound is a large gated country club community located on Yamato Road.  There are 27 villages and 1600 homes within the community. Amenities include a golf course and putting green, tennis courts and basketballs courts. There is also a clubhouse, exercise room and large pool. Students attend Calusa Elementary School, Omni Middle School and Spanish River Community High School.

2164 NW 62nd Drive; image and map data by Google
2164 NW 62nd Drive; image and map data by Google

The Mediterranean style home at 2164 NW 62nd Drive sold for $597,500, tightly packed together with similar homes. It has 3 bedrooms and 4 full bathrooms in 2828 sq. feet of living space. There is an open floor plan and the kitchen has granite counters and a cook island. The home has a private pool overlooking the lake and golf course. It was built in 1993 and previously sold in 2000 for $520,000.
Across the street 2169 NW 62nd Drive in Broken Sound sold for $565,000. It has 3 bedrooms and 3.1 bathrooms in 2890 sq. feet of living space.
2563 NW 63rd Street in Broken Sound sold for $1.080 million. It has 3 bedrooms and 4.1 bathrooms in 3242 sq. feet of living space.
2334 NW 60th Street in Broken Sound sold for $800,000. It has 4 bedrooms and 5.2 bathrooms in 4051 sq. feet of living space.
5706 NW 23rd Terrace in Broken Sound sold for $925,000. It has 5 bedrooms and 6.1 bathrooms in 4583 sq. feet of living space.
6195 NW 24 Terrace in Broken Sound sold for $1.220 million. It has 6 bedrooms and 7.1 bathrooms in 5116 sq. feet of living space.
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Newport Bay Club is a gated community located on Jog Road north of Clint Moore. Amenities include a Sports Complex with lighted tennis courts, pro shop, fitness center and more. There is also an olympic size swimming pool. Students attend Calusa Elementary School, Omni Middle School and Spanish River Community High School.
The contemporary home at 6688 Portside Drive sold for $600,000. It has 5 bedrooms and 3.1 bathrooms in 3044 sq. feet of living space. The home has wood floors and the kitchen has granite counters, stainless steel appliances and white wood cabinets. The home’s pool overlooks the lake. Built in 1993, it was purchased in 2011 for $490,000.
Boniellos Acres is a secluded gated community with large lots and custom residences located on the west side of Jog Road just north of Clint Moore. Horses are permitted.  Students attend Calusa Elementary School, Omni Middle School and Spanish River Community High School.
17585 Boniello Road; image by Google
17585 Boniello Road; image by Google

The large ranch at 17585 Boniello Road sold for $975,000. It has 4 bedrooms and 3.2 bathrooms in 3625 sq. feet of living space. The home has a spacious open floor plan with a wall of french doors looking out onto the patio. The fenced in yard features an in ground pool with a waterfall. The kitchen has a big island and double wall ovens. The land was purchased for $110,000 in 1987 and the home was built in 1991.
17735 Boniello Drive sold for $860,000. It has 5 bedrooms and 5 full bathrooms in 5528 sq. feet of living space.
Woodfield Country Club
6566 NW 40th Ct sold for $750,000. It has 4 bedrooms and 3 full bathrooms in 3637 sq. feet of living space.
6379 NW 40th Ct sold for $750,000. It has 4 bedrooms and 4 full bathrooms in 3575 sq. feet of living space.
3217 Harrington Drive sold for $1.100 million. It has 6 bedrooms and 5 full bathrooms in 3897 sq. feet of living space.
3972 NW 52nd Street; image by Google
3972 NW 52nd Street; image by Google

3972 NW 52nd Street sold for $1.012 million. It has 5 bedrooms and 4.1 bathrooms.
3290 Westminster Drive sold for $840,000. It has 6 bedrooms and 6.2 bathrooms in 4396 sq. feet of living space.
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Polo Club
5245 Suffolk Drive sold for $625,000. It has 3 bedrooms and 3.1 bathrooms in 2905 sq. feet of living space.
5197 Suffolk Drive sold for $713,000. It has 5 bedrooms and 5 bathrooms in 3818 sq. feet of living space.
St. Andrews Country Club
7223 Ballantrae Court sold for $525,000. It has 3 bedrooms and 4.1 bathrooms in 3445 sq. feet of living space.
7140 Queenferry Circle sold for $750,000. It has 4 bedrooms and 5.1 bathrooms in 4295 sq. feet of living space.
Long Lake Estates
8422 Lookout Circle sold for $850,000. It has 4 bedrooms and 4 bathrooms in 4120 sq. feet of living space.
18141 Daybreak Drive sold for $1.050 million.
Other Neighborhoods:
6188 NW 32nd Avenue in Seasons sold for $1.155 million. It has 6 bedrooms and 6 full bathrooms in 4261 sq. feet of living space.
17673 Middlebrook Way in The Oaks sold for $975,000. It has 5 bedrooms and 5.2 bathrooms in 5440 sq. feet of living space.

West Boca McMansions – Real Estate Trends and Analysis

Real estate trends in West Boca
wood-duck-front
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”]

Recent Home Sales in 33496: St Andrews, The Oaks, Seasons, Broken Sound

Homes in the 33496 zip code are located between 441 and Military Trail, north of Yamato Road to the Delray line. Neighborhoods in this area include Long Lake Estates, St. Andrews, The Oaks, Woodfield Country Club, Newport Bay Club, Boca Gardens, Broken Sound, Whisper Walk, The Polo Club, Lakeridge and Seasons.
standrews
St. Andrews Country Club, a gated community, 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.

Satellite view of 6936 Lake Estates Court; image and map data by Google
Satellite view of 6936 Lake Estates Court; image and map data by Google

This beautiful home at 6936 Lake Estates Court in St. Andrews Country Club sold for just over $1.5 million. It has 7 bedrooms and 6.2 bathrooms in 6100 square feet of living space. The home is located with other large houses on a private cul de sac overlooking the lake. The gourmet kitchen overlooks the family room. The master bedroom and 2 bedrooms are on the first floor. There is an office/library with built-ins on the main floor also. The backyard features a lushly landscaped pool area with a fountain. Built in 1992, it was originally purchased for $1.150 million.
17428 Loch Lomond Way; image and map data by Google
17428 Loch Lomond Way; image and map data by Google

17428 Loch Lomond Way sold for $1.095 million. It has 3 bedrooms and 3 full bathrooms in 3225 sq. feet of living space on one floor. The home has been recently renovated. It has an open concept great room and a gourmet kitchen with granite counter tops and marble floors. There are also impact windows and doors. The home overlooks the golf course and has an in-ground pool. It was built in 1987 for $330,000 and last purchased in 2006 for $830,000.
7327 Ballantrae Court sold for $675,000. It has 3 bedrooms and 4 full bathrooms in 3927 sq. feet of living space.
17168 Northway Circle sold for $625,000. It has 3 bedrooms and 4.1 bathrooms in 4355 sq. feet of living space.
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The Oaks is a gated family community with a large clubhouse and pool, 12 court tennis center and luxurious spa. Students go to Sunrise Park Elementary School, Eagles Landing Middle School and Olympic Heights Community High. Bordering Clint Moore Road, 441 and Lyons Road, it is close to shopping and dining.
The newly built Mediterranean style home at 17646 Cadena Drive in The Oaks sold for $1.465 million. There are 5 bedrooms and 5.2 bathrooms in 6679 sq. feet of living space. The home has a large kitchen and his-and-her bathrooms in the master suite. There is a separate office, game room and media room. The home overlooks an in-ground pool and spa. It’s backyard faces Lyons Road. The community has a large wall, but that didn’t stop a home invasion on this street in November of 2014.
17693 Circle Pond Ct; image and map data by Google
17693 Circle Pond Ct; image and map data by Google

The courtyard home at 17693 Circle Pond Ct sold for $1.15 million. It has 6 bedrooms and 7.1 bathrooms in 4734 sq. feet of living space. The master bedroom with his-and-her baths is on the first floor. The kitchen has granite counter tops and a walk-in pantry. The breakfast area overlooks the pool and the living room has a view of the lake. Built in 2003 for $932,430, it was purchased for $1 million in 2006.
Just a few houses away, 17717 Circle Pond Ct sold for $887,250. It has 5 bedrooms and 6 full bathrooms in 4916 sq. feet of living space. Both are close to 441 and the community clubhouse.
9604 Bridgebrook Drive in The Oaks also sold for $1.15 million. It has 5 bedrooms and 4.2 bathrooms in 4358 sq. feet of living space.


The Seasons community is located on the west side of Jog Road between Yamato and Clint Moore Road, just north of Omni Middle School. The gated community has a large clubhouse, exercise room, basketball, tennis and a pool. Students in Seasons go to Calusa Elementary, Omni Middle and Spanish River High.
3197 NW 63rd Street; image by Google
3197 NW 63rd Street; image by Google

3197 NW 63rd Street in Seasons sold for $1 million. It has 5 bedrooms and 5 full bathrooms in 4110 sq. feet of living space. This lake front home is located on a cul de sac. The kitchen has stainless steel appliances and granite counter tops. The owners installed a new roof in 2009 and hurricance accordion shutters. It was built in 1994 and purchased for $685,000.
6398 NW 32nd Terrace; image by Google
6398 NW 32nd Terrace; image by Google

This courtyard home at 6398 NW 32nd Terrace sold for $825,000. It has 5 bedrooms and 5 full bathrooms in 3517 sq. feet of living space. This one story home sits on a corner lakefront lot and has a small guest home. The courtyard area has a new pool and a new grill area with granite counter tops. Originally purchased in 1994 for $580,000, it has been through a few owners and was last sold for $865,000 in 2008.
3087 NW 60 Street sold for $740,501. It has 5 bedrooms and 4.2 bathrooms in 3989 sq. feet of living space.
6515 NW 32nd Terrace sold for $708,225. It has 5 bedrooms and 4.1 bathrooms in 3661 sq. feet of living space.
Broken Sound
6185 NW 24th Way in Broken Sound sold for $915,000. It has 4 bedrooms and 4.1 bathrooms in 3560 sq. feet of living space.
5851 NW 25th Terrace in Broken Sound sold for $785,000. It has 4 bedrooms and 4 full bathrooms in 3373 sq. feet of living space.
6188 NW 24th Terrace in Broken Sound sold for $759,200. It has 5 bedrooms and 5.1 bathrooms in 4057 sq. feet of living space.
2521 NW 63rd Street in Broken Sound sold for $700,000. It has 3 bedrooms and 3.1 bathrooms in 3160 sq. feet of living space.
6048 NW 24th Terrace in Broken Sound sold for $650,000. It has 3 bedrooms and 3.1 bathrooms in 3000 sq. feet of living space.
Other Neighborhoods:
6445 Montesito Street in the new Azura development sold for $1.675 million. 6 bedrooms and 7.1 bathrooms in 6321 sq. feet of living space.
5832 Waterford in Polo Club sold for $870,000. It has 3 bedrooms and 4 full bathrooms in 3215 sq. feet of living space.
18720 Long Lake Drive in Long Lake Estates sold for $740,000. This looks out of place and we’re not sure our source for this is accurate. Houses in Long Lake typically go for over a million and appraiser records show an October transaction for over $1.1 million.

Multimillion Dollar Sales in West Boca

Four West Boca houses sold in the past couple months for prices in excess of $2 million. All were in zip code 33496, with two of the sales in Long Lake Estates, one in St. Andrews Country Club, and the fourth in Fieldbrook.
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The biggest sale was in mid-March, when 8747 Twin Lake Drive sold for over $3.85 million. The buyer won a $50M Canadian lottery jackpot in February and we’re happy to welcome him to West Boca.
As you might expect, it’s a big house:

8747 Twin Lakes Drive; imagery and map data by Google
8747 Twin Lakes Drive; imagery and map data by Google

The house has six bedrooms, seven full bathrooms plus a half bath, all in just under 8000 square feet of living space. On top of that it has five garage spaces for cars and a total of nearly 12,000 square feet including the garages and patios. Built in 2005, it was previously owned by a successful entrepreneur in the supplements industry who bought it in 2007 for just under the current sale price.
The house was marketed, at least partly with this very nice YouTube video:

The house sold quickly, in just about a week. The vacant lot next door was purchased in 2014 for $800K.
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7091 Queenferry Circle; imagery and map data Google
7091 Queenferry Circle; imagery and map data Google

Selling for just over $3.4 million, 7091 Queenferry Circle is located in St. Andrews Country Club with a lake and fairway view. The sale price is a big drop from the original listing at $5.2M, and it was on the market for over a year.
The home, built in 2014, has six bedrooms, seven full bathrooms and three half baths in over 9000 square feet. The buyer is a family trust in the name of a CEO who runs a military clothing company. The seller is a corporation that may be connected to another Florida executive who was accused of a stock kickback scam by the SEC a few years ago, and also to a major real estate player with a federal cocaine conviction back in the 1980s.


18118 Daybreak Drive; imagery and map data Google
18118 Daybreak Drive; imagery and map data Google

18118 Daybreak Drive in Long Lake Estates sold for $3.25 million, down from its original listing at $4M. It was on the market for 11 months. This is another 9000+ square foot house with a total of eight bedrooms and 9 1/2 baths, plus 5 garage bays and a tennis court. It has a particularly nice lake view though it may get some road noise from Clint Moore. The house was built in 2002.
Here’s an exterior video of the house (probably shot with a drone) from YouTube:

County records don’t identify the transaction or the buyer yet. The sellers are a British couple. The husband appears to run a railway signalling company in the UK and the wife is a television producer there.
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17776 Fieldbrook Circle West; imagery and map data Google
17776 Fieldbrook Circle West; imagery and map data Google

Last, and least in this group, 17776 Fieldbrook Circle West sold for just under $2.2 million. Fieldbrook is a small community on the west side of Jog Road, north of Clint Moore. The sellers are a local couple and the husband is a real estate agent who sold the house himself. They bought the house at the bottom of the market in 2011 for $1.35 million, making this a great turnaround.
He listed it last fall for three months at $2M, then took it off the market and put it back on again for a quick sale in January, closing in late April.
Built in 1995, the house has 6 bedrooms and 5 1/2 baths in 5900 square feet. There’s a fairly shallow backyard filled with a large swimming pool. It backs up to another exclusive neighborhood called Boniello’s Acres. The front of the house has a large circular driveway and lake view, and there’s a tennis court on one side.
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