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Real Estate Trends: Shores, Saturnia & The Oaks

Next in our continuing series on real estate trends, we’re looking at three different neighborhoods: The Shores at Boca Raton, Saturnia, and The Oaks. All three are gated communities. The Shores and Saturnia are at the far west end of Yamato Road, both near South County Regional Park and Eagles Landing Middle School. The Oaks is on the north side of Clint Moore between 441 and Lyons Road. They are shown by the three rectangles on the map below, with Saturnia to the lower left.

We previously covered 6000+ sq.ft. homes; as well as Boca Isles and Boca Falls.

As usual we are leaving REO and short sale transactions out of our analysis.
For starters we should compare the neighborhoods. The Shores at Boca Raton has relatively low-priced homes compared to the other two, with most transactions below $500K and a few below $400K. Houses there sell for an average of roughly $160 per square foot. Saturnia homes start higher with most transactions over $500K with a few over $700K, averaging over $180 per square foot. Both Shores and Saturnia have a roughly 60-40 mix of two-floor and ranch homes. In both neighborhoods homes sell on average for 93% of the original list price.
The Oaks is mostly two-floor houses and they’re pricier. It’s rare to see a house go for under $800K. Most are $1M or more with some going for over $2M. They average $240 per square foot with the higher end closer to $300/sq.ft. The houses also start off with high prices, with average sales going for less than 90% of the original list price.

Warren Redlich is a Realtor® with Signature International. He focuses on houses over $500K in West Boca. As the owner of West Boca News, he get spread the word about houses he lists more effectively than anyone else. And with his knowledge of the local market, he can help sellers sell for the best price. Find out more at West Boca Real Estate.

Turning to trends, prices are up in The Shores. In the first half of 2014 (January to June) the average house sold for $440K at just over $150/sq.ft. Those numbers increased to nearly $460K and $161/sq.ft. in the first half of 2015. That works out to a roughly 5-6% increase in just one year. The 2015 houses sold fast, averaging just over a month on the market vs. 70 days in the same period of 2014.
The trend is positive in Saturnia as well rising from $609K and $169/sq.ft. to $623K (up 2%) and $183/sq.ft (up 8%). The average time to sell was longer, though that was mainly due to one house that took over a year to sell. On average houses are selling in Saturnia in less than three months.
By contrast, numbers for The Oaks don’t show any significant price trend. The average transaction price has been consistent at roughly $1.2M to $1.3M. In per square foot terms prices actually fell slightly, from $245/sq.ft. last year to $238/sq.ft. this year (a reduction of 3%). Houses there take 4-5 months to sell average. The one positive is that there were a lot more transactions, from a total of 21 houses in all of 2014 to 17 houses in just the first half of 2015.

Our spreadsheets are below. For The Oaks we did all three periods on one spreadsheet, with the first half of 2015 on top:
[gview file=”https://westbocanews.com/wp-content/uploads/2015/07/oaks-1h-2015.xls”]
We did the other two on the same sheet, one sheet for each period. The Shores is on top.
January – June 2015
[gview file=”https://westbocanews.com/wp-content/uploads/2015/07/shores-saturnia-1h-2015.xls”]
July – December 2014
[gview file=”https://westbocanews.com/wp-content/uploads/2015/07/shores-saturnia-2h-2014.xls”]
January – June 2014
[gview file=”https://westbocanews.com/wp-content/uploads/2015/07/shores-saturnia-1h-2014.xls”]

Recent Home Sales in Saturnia, The Shores and Boca Isles

Homes in the 33498 zip code are located north of Glades Road, and west of 441. Neighborhoods within this region include Mission Bay, The Shores, Boca Isles, Boca Greens, Saturnia, Lakes at Boca Raton, Boca Chase, and Stonebridge. The schools in this area have an excellent reputation and the area has one of the lowest crime rates in Palm Beach County. In addition, there are many unique attractions both nearby and within, such as South County Regional Park.

The Saturnia neighborhood is wonderful for families and offers a 24 hour guarded gate, clubhouse, pool and spa. It also has basketball and tennis courts, and a fitness center. Students attend the highly regarded Eagles Landing Middle School and Olympic Heights High School, though some go to other area schools. There are HOA fees.

11833 Preservation Lane; image and map data by Google

The large home at 11833 Preservation Lane in Saturnia sold for $705,000. It has 5 bedrooms and 4 full bathrooms in 4,043 sq. feet of living space. The large master bedroom has french doors leading to a covered balcony and his and her walk in closets. The kitchen has stainless steel appliances and granite counter tops. The backyard has an in ground salt water pool and jacuzzi and views of the preserve. In addition, there is a 3 car garage. Built in 2000, it was purchased in 2013 for $600,000. The back of the house looks out over a canal and onto land that will probably remain undeveloped.

19567 Estuary Drive in Saturnia sold for $540,000. It has 4 bedrooms and 3 full bathrooms in 2917 sq. feet of living space.
19444 Saturnia Lakes Drive sold for $635,000. It has 5 bedrooms and 3 full bathrooms in 3233 sq. feet of living space.
11762 Preservation Lane sold for $565,000. It has 5 bedrooms and 3 full bathrooms in 3340 sq. feet of living space.
19347 Skyridge Circle sold for $530,000. It has 4 bedrooms and 2.1 bathrooms in 3495 sq. feet of living space.
See our recent video about homes for sale in Saturnia:

The Shores at Boca Raton

Shores at Boca Raton entrance feature; image by Google

The Shores is a gated community on the north side of Yamato across from South County Regional Park. Amenities include a clubhouse with exercise room, picnic area, tennis courts and a pool. Students attend Sunrise Park Elementary School, Eagles Landing Middle School and Olympic Heights Community High School.

18604 Ocean Mist Drive; image and map data by Google

The two story home at 18604 Ocean Mist Drive in The Shores sold for $542,000. It has 5 bedrooms and 4 full bathrooms in 3694 sq. feet of living space. The home has garden views, a large patio and a pool. The kitchen has granite counter tops and overlooks the family room. There is a guest suite on the first floor. The home was built in 1998 and originally purchased for $353,055. It was purchased by Bank of America in 2015 for $403,300.
The house is on a mini cul de sac and backs up to two canals, one of which borders the Loxahatchee Wildlife Refuge.
18739 Ocean Mist Drive in The Shores sold for $477,500. It has 4 bedrooms and 2.1 bathrooms in 2911 sq. feet of living space.

Boca Isles North and South are gated communities with bike and jogging paths and they’re popular with families. Each community has a large clubhouse with meeting rooms and billiards. There are state of the art exercise rooms, basketball courts, playgrounds and tennis courts. There is also a large pool and spa.
The ranch at 19184 Cloister Lake Lane sold for $650,000. It has 5 bedrooms and 3 full bathrooms in 2968 sq. feet of living space. The recently renovated kitchen has stainless steel appliances, and a large granite island. The home features real wood floors and the interior and exterior were recently painted. The in ground pool and spa have lake views. Built in 1994, it was purchased by Key Ocean Holdings for $395,000 in 2014.
10861 Bal Harbour Drive in Boca Isles sold for $525,000. It has 4 bedrooms and 3 full bathrooms in 2749 sq. feet of living space.
19143 Cloister Lake Lane sold for $585,000. It has 5 bedrooms and 3 full bathrooms in 2805 sq. feet of living space.
19635 Biscayne Bay Drive sold for $610,000. It has 4 bedrooms and 3 full bathrooms in 2935 sq. feet of living space.
19844 Dinner Key Drive sold for $500,000. It has 4 bedrooms and 3 full bathrooms in 2935 sq. feet of living space.

Recent Homes Sold in Boca Greens and Boca Isles

Homes in the 33498 zip code are located north of Glades Road, and west of 441. Neighborhoods within this region include Mission Bay, Island Lakes, Boca Isles, Boca Greens, Saturnia, Lakes of Boca Raton, Boca Chase, and Stonebridge. The schools in this area have an excellent reputation and the area has one of the lowest crime rates in Palm Beach County. In addition, there are many unique attractions both nearby and within, such as South County Regional Park.

Boca Greens is a gated community of almost 600 homes located west of 441, one mile north of Glades Road. The community features a golf course and membership opportunities in the Boca Greens Country Club. Students attend Eagles Landing Middle School and Olympic Heights Community High School.

10247 Crosswind Road; Map data and image by Google

The contemporary home at 10247 Crosswind Road was sold for $415,000. It has 4 bedrooms and 2 full bathrooms in 2295 sq. feet of living space. It is located on the lake and has an inground pool. The home has lots of upgrades and a fireplace. There is an attached 2 car garage. Built in 1980, it previously sold for $217,000 in 1989.

19840 Sedgefield Terrace sold for $410,000. It has 3 bedrooms and 2.1 bathrooms in 2340 sq. feet of living space.

19225 Cloister Lake Lane; image and map data by Google

The Mediterranean home at 19225 Cloister Lake Lane sold for $610,000. This beautiful home has 5 bedrooms and 3 full bathrooms in 3300 sq. feet of living space. The kitchen was remodeled to include Saturnia marble floors, new appliacnces, granite counter tops and tumbled marble backsplash. The home is on a private preserve lot with a resort style pool. It was previously purchased in 1998 for $295,000 and built in 1994.
10576 St. Thomas Drive sold for $400,000. It has 3 bedrooms and 2 full bathrooms in 2118 sq. feet of living space.
19650 Black Olive Lane sold for $470,000. It has 4 bedrooms and 3 full bathrooms in 2676 sq. feet of living space.
10528 Maple Chase Drive sold for $490,000. It has 4 bedrooms and 3 full bathrooms in 2660 sq. feet of living space.
10794 Maple Chase Drive sold for $460,000. It has 4 bedrooms and 3 full bathrooms in 2660 sq. feet of living space.
10857 Japonica Court sold for $590,000. It has 5 bedrooms and 3 full bathrooms in 2805 sq. feet of living space.
19409 Black Olive Lane sold for $530,000. It has 4 bedrooms and 3 full bathrooms in 2820 sq. feet of living space.

10768 Tea Olive Lane sold for $450,000. It has 3 bedrooms and 2 full bathrooms in 2118 sq. feet of living space.
10799 Tea Olive Lane sold for $425,000. It has 4 bedrooms and 2 full bathrooms in 2325 sq. feet of living space.
19184 Cloister Lake Lane sold for $650,000. It has 5 bedrooms and 3 full bathrooms in 2968 sq. feet of living space.

11849 Preservation Lane; image and map data by Google

11849 Preservation Lane sold for $578,184. It has 5 bedrooms and 4 full bathrooms in 4086 sq. feet of living space.
19572 Havensway Court sold for $750,000. It has 5 bedrooms and 4 full bathrooms in 3708 sq. feet of living space.
19233 Skyridge Court sold for $540,000. It has 4 bedrooms and 3 full bathrooms in 2741 sq. feet of living space.
19197 Skyridge Circle sold for $585,000. It has 5 bedrooms and 3 full bathrooms in 3301 sq. feet of living space.

19577 Havensway Court sold for $750,000. It has 5 bedrooms and 4 full bathrooms in 3611 sq. feet of living space.
The Shores is a gated community on the north side of Yamato across from South County Regional Park.

18648 Ocean Mist Drive; image and map data by Google

18648 Ocean Mist Drive sold for $482,500. It has 4 bedrooms and 2.1 bathrooms in 2778 sq. feet of living space.
11175 Sea Grass Circle sold for $447,500. It has 4 bedrooms and 3 full bathrooms in 2615 sq. feet of living space.

Recent Sales in Saturnia, Boca Isles, Island Lakes and Stonebridge

Homes in the 33498 zip code are located north of Glades Road, and west of 441. Neighborhoods include Saturnia, Boca Isles, Island Lakes, Stonebridge, Shores, Boca Greens and the northern part of Mission Bay. The schools have an excellent reputation and the area has one of the lowest crime rates in Palm Beach County. In addition, there are many unique attractions both nearby and within, such as South County Regional Park.
Saturnia

The Saturnia neighborhood is wonderful for families and offers a 24 hour guarded gate, clubhouse, pool and spa. It also has basketball and tennis courts, and a fitness center. Students attend the highly regarded Eagles Landing Middle School and Olympic Heights High School, though some go to other area schools. There are HOA fees. We recently covered three houses for sale in Saturnia and all are still on the market at this writing.

19450 Saturnia Lakes Drive; image and data by Google

This luxurious ranch home located at 19450 Saturnia Lakes Drive sold for $712,000. Built in 2001 for $470,981, it has 5 bedrooms and 3 full bathrooms in 3544 sq. feet of living space. In addition to the spacious bedrooms with custom built-in closets, there is also an office with wood flooring and built-in cabinets. The kitchen has stainless steel appliances. The eat-in kitchen overlooks the screened in pool and spa. It was last purchased in 2010 for $704,000.

The gorgeous ranch at 19583 Havensway Court, also in Saturnia, sold for $711,500. The home has 5 bedrooms and 4 full bathrooms in 3656 sq. feet of living space. There are beautiful wood floors throughout the home. The kitchen has stainless steel appliances and a gas stove. The bathrooms were recently remodeled. The house overlooks and screened in pool and the lake. Built in 1998 for $467,100, it was last purchased in 2009 for $675,000.
Boca Isles

Boca Isles North and South are gated communities with bike and jogging paths and they’re popular with families. Each community has a large clubhouse with meeting rooms and billiards. There are state of the art exercise rooms, basketball courts, playgrounds and tennis courts. There is also a large pool and spa.

10864 King Bay Drive; image and data by Google

Located in Boca Isles South, the two story home at 10864 King Bay Drive sold for $690,000. The 5 bedroom home has 3 full bathrooms in 3197 sq. feet of living space. This home has some special features including a custom added loft, an outdoor kitchen with stainless steel appliances and a remodeled kitchen with wood cabinets, granite and stainless steel appliances. The screened in pool with waterfall overlooks the lake. Built in 1995 and purchased for $317,000, it was sold for $555,000 in 2010.
20166 Palm Island Drive in Boca Isles South sold for $590,000. It has 5 bedrooms and 3.1 bathrooms in 3068 sq. feet of living space.
The ranch at 10975 Bal Harbor Drive in Boca Isles South sold for $525,000. It has 4 bedrooms and 3 full bathrooms in 2900 sq. feet of living space.
10843 Bal Harbor Drive sold for $510,000. It has 4 bedrooms and 3 full bathrooms in 2660 sq. feet of living space.

10649 Maple Chase Dr; image and data by Google

The Mediterranean style home at 10649 Maple Chase Dr sold for $580,000. Located in Boca Isles North, it has 5 bedrooms and 3 full bathrooms in 2805 sq. feet of living space. The grand entry way has a custom marble inlay. The new kitchen has custom cabinets and granite counter tops. The master bathroom has been recently renovated as well to include a double vanity, large master bath and marble shower. The large screened in pool overlooks the lake.
The contemporary home located at 19142 Cloister Lake Lane in Boca Isles North sold for $580,000. It has 4 bedrooms and 3 full bathrooms in 2660 sq. feet of living space.
The ranch at 10863 Japonica Court in Boca Isles North sold for $570,000. It has 5 bedrooms and 3 full bathrooms in 2805 sq. feet of living space.
The two story home at 19520 Preserve Drive in Boca Isles North sold for $525,000. It has 4 bedrooms and 3 full bathrooms in 2676 sq. feet of living space.

Island Lakes
Island Lakes is a guard gated community on Glades Road west of 441. The community has basketball courts, bike and jogging trails and tennis courts. Students go to Sandpiper Shores, Loggers’ Run Community Middle School and West Boca Raton High School.

The ranch house at 20671 Bay Brooke Court in Island Lakes sold for $509,000. It has 4 bedrooms and 2 full bathrooms in 2288 sq. feet of living space. The kitchen was recently renovated and includes custom wood cabinets, granite counters and Viking appliances including a double wall oven. Both bathrooms were also remodeled and there is a new washer and dryer. It overlooks the lake and an in-ground pool.
Stonebridge

Stonebridge Golf and Country Club is a gated community located on 441 just north of Clint Moore Road. There are just under four hundred homes. It has a large clubhouse with a state of the art fitness center and many dining options. There is an 18 hole private golf course and 6 Har-Tru tennis courts. Equity membership is required.
The large home at 17628 Charnwood Drive sold for $500,000. Built in 1987, it has 4 bedrooms and 3.1 bathrooms in 3713 sq. feet of living space. There are amazing views of the lake and golf course and a big in ground pool. The kitchen was recently remodeled to include custom cabinets and stainless steel appliances. All bedrooms have an en suite bathroom. It was originally purchased in 1988 for $386,000.

Another Dead Body

Update (May 7, 2015): PBSO has identified the body as: Vilelio Gerson Vasquez-Portillo, 22, of Miami Gardens.

All images copyrighted by Warren Redlich, 2015. Media may use any photo by crediting @WestBocaNews, or WestBocaNews.com — All photos copyrighted by Warren Redlich unless noted. Media may use any photo by crediting West Boca News, @WestBocaNews, or WestBocaNews.com

This morning we were notified of another dead body found in our area. This body was found on the far west end of Old Everglades-Pump Road (aka Kimberly), near the southwest corner of the Saturnia neighborhood (but separated by the canal). This is west of Eagles Landing Middle School, north of Osprey Point Golf Course, and on the eastern edge of the Loxahatchee Refuge and the Everglades.

PBSO has released this initial statement:

Shortly after 8:00 am, a fisherman boating near the 19000 block of 120 Ave South, Boca Raton, saw a male lying near the embankment, while concerned for his well-being, he immediately called 911 to alert deputies and fire rescue personnel. When deputies and fire rescue arrived they located the male deceased.
Detectives from the Violent Crimes Division as well as Crime Scene Investigators are in route to the scene to investigate further. No suspect information or motive known at this time.

When we arrived there were several police vehicles already present, as you can see in the photo at top. We could not get close but our best guess is that the body was found in the area marked off by crime scene tape.

While we were on scene, the “Crime Scene” van arrived and went to that area.

There is a canal on the north side of Old Everglades-Pump Road and it’s possible there was some evidence on the bank of the canal. We saw people looking over in that area a few times.

Police vehicles were gathered near the intersection with 120th Avenue South.

Two TV crews showed up, from WPBF and WPTV.

The initial report was that the body was an Hispanic adult male. We will update when we get more information.
We heard from at least one area resident concerned that West Boca and West Delray are becoming dumping grounds for dead bodies. We think that’s a bit of an overreaction.
The other very recent incident was a body found near Delray Marketplace. An arrest was made in that case. The victim and alleged murderer are from Broward and/or Miami, but the murder allegedly occurred near West Boca Medical Center. Last year a West Boca woman was found dead in West Sandalfoot in her luxury SUV, a case that remains unsolved. Also in 2014 a body was found in Logger’s Run, which was determined to be a suicide.
Our early video from the scene is here:

Dead body found west end of Old Everglades Pump Road, near Saturnia.
Posted by West Boca News on Sunday, May 3, 2015

Note that we were kept far, far back from the scene. We estimate it was a quarter-mile.

PBSO would not let us closer, even on foot, first claiming that the dirt road might be disturbed (despite numerous PBSO vehicles driving over it), and then that there was evidence in the grassy areas.