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.
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.
The spectacular courtyard home at 6939 Queenferry Circle sold for $2.1 million dollars. The ranch home has 4 bedrooms and 3.1 bathrooms in 3770 sq. feet of living space. The large gourmet kitchen has a six burner gas Viking range, a double convection oven and Miele appliances. There are new impact glass sliders, rich brazilian cherry floors and traventine floors. A unique feature is the 12 ft wine connoisseur cabinetry. The patio and pool were recently renovated and include a summer kitchen and a guest house. There are water views from every major room. The home sits on a large lot between 1/4 to 1/2 acre and has views of the lake. Built in 1990, it was last purchased in 2013 for $706,500.
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 Mediterranean home at 17697 Middlebrook Way sold for $1.075 million dollars. Located in the back of the development, it has 5 bedrooms and 5.1 bathrooms in over 5500 square feet of living space. The large kitchen has a 6 burner gas cooktop, a double oven, subzero appliances, a large walk-in pantry and beautiful custom cabinetry. The family room has an entertainment center and overlooks the private backyard. The living room has a lavish gas fireplace. All the bathrooms are upgraded and in excellent condition. The backyard has a large covered deck, an outdoor kitchen and a heated in-ground pool with a spa. It was originally purchased in 2005 for $1.105 million dollars.
The ranch home at 17792 Villa Club Way sold for $775,000, at the low end of prices in The Oaks. It has 4 bedrooms and 3.2 bathrooms in 3474 sq. feet of living space. The home features a gourmet kitchen open to the family room. There is an open floor plan and coffered ceilings throughout the home. The home has a private lakefront setting with a pool and lanai. Built in 2004, it was purchased for $750,000 in 2013.
The Polo Club is a gated community and exclusive country club. Owners must purchase an equity interest in the club. The club features 2 championship golf courses, a new 145,000 square foot clubhouse, 29 tennis courts, spa and community pool. There are also multiple dining options, a fitness center and playground. The Polo Club is located on Military Trail north of Clint Moore.
The contemporary home at 5442 Ascot Bend sold for $625,000. It has 3 bedrooms and 3.1 bathrooms in 2913 sq. feet of living space. The master bedroom/bathroom has dual sinks. There is carpet and marble flooring throughout the 1 story home. The backyard has a large pool with a partial lake view. It was originally purchased in 1987 for $345,000.
Just a few doors down, 5419 Ascot Bend sold for $575,000. It has 3 bedrooms and 4 full bathrooms in 3557 sq. feet of living space.
Broken Sound:
6187 NW 24th Terrace sold for $1.075 million dollars. It has 6 bedrooms and 6.1 bathrooms in 5722 sq. feet of living space.
2201 NW 57th Street sold for $920,000. It has 4 bedrooms and 3.1 bathrooms in 3631 sq. feet of living space.
5742 NW 24th Avenue 504 sold for $525,000. It has 3 bedrooms and 3 full bathrooms in 2342 sq. feet of living space.
5826 NW 24th Terrace sold for $510,000. It has 3 bedrooms and 3.1 bathrooms in 2376 sq. feet of living space.
Woodfield Country Club:
4145 Briarcliff Circle sold for $650,000. It has 3 bedrooms and 3 full bathrooms in 2585 sq. feet of living space.
6501 NW 39th Terrace sold for $610,000. It has 4 bedrooms and 4 full bathrooms in 3545 sq. feet of living space.
Newport Bay Club:
6582 Newport Lake Circle sold for $545,000. It has 4 bedrooms and 3 full bathrooms in 2883 sq. feet of living space.
Tag: The Oaks
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.
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.
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.
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 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.
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.
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”]
West Boca McMansions – Real Estate Trends and Analysis
Real estate trends in West Boca
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. There are so many different housing options for those who are interested in them, not only in West Boca but also Texas through somewhere like Houston real estate, with many finding their own form of their home. These “McMansions” sales were clustered in a fairly small area as shown on the map below:
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.
It’s also hard to identify clear trends because individual homes tend to be more unique. Some can have features that dramatically change the price. Or there could features that may be valued differently by Lynchburg realtors compared to a realtor in this area. 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:
- 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.
- 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.
- 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. Consequently, if you now feel ready to make a real estate investment of your own, you might also find this Roofstock guide on investing 20k useful. Furthermore, these trends seem to be driven by the features of the houses involved 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, be they one looking to the 1031 exchange requirements or to other areas, but may wait a year, two years or even longer to get a sale done.
Our spreadsheet for this analysis is below:
[gview file=”https://westbocanews.com/wp-content/uploads/2015/07/6000sqft-1h-2015.xls”]
Recent Home Sales in Woodfield, St. Andrews, Colony Point, Seasons, and 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.
Woodfield Country Club
The gated community of Woodfield Country Club has a clubhouse, jogging and biking paths, a pool and tennis courts. It has been recognized as a 5 star Platinum Club of America since 2006. Owners must purchase membership equity in the club which features an 18 hole championship golf course and pro shop. Students go to Calusa Elementary School, Omni Middle School and Spanish River Community High School.
The 2 story home at 5735 Harrington Way in Woodfield Country Club sold for $900,000. It has 5 bedrooms and 5.1 bathrooms in 5275 sq. feet of living space. The chef’s kitchen has granite counter tops and stainless steel appliances including a double oven and 2 microwaves. A unique feature are the purple cabinets in the master bedroom. The roof was replaced in 2007. The home has beautiful lake views. Built in 1988, it was purchased in 2004 for $600,000.
4120 Briarcliff Circle sold for $975,000. It has 4 bedrooms and 4 full bathrooms in 3672 sq. feet of living space.
6501 Landings Court sold for $1.125 million. It has 4 bedrooms and 4.2 bathrooms in 4056 sq. feet of living space.
5600 Regency Circle sold for $675,00. It has 3 bedrooms and 3.1 bathrooms in 2592 sq. feet of living space.
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.
This stunning home at 7242 Ayrshire Lane in St. Andrews sold for $1.25 million. It has 4 bedrooms and 5.2 bathrooms in 4997 sq. feet of living space. The ranch is on a premium waterfront lot and has great golf views. The home has an open floor plan and interesting architectural details. The kitchen has a large island and two refrigerators. The home was built in 1988 and last purchased for $540,000 in 2011.
7132 Queenferry Circle sold for $815,000. It has 3 bedrooms and 5 full bathrooms in 4315 sq. feet of living space.
6861 Queenferry Circle sold for $835,000. It has 4 bedrooms and 4.1 bathrooms in 3952 sq. feet of living space.
17186 Courtland Lane sold for $935,000. It has 4 bedrooms and 4.1 bathrooms in 3678 sq. feet of living space.
17057 Northway Circle sold for $850,000. It has 3 bedrooms and 4.1 bathrooms in 4574 sq. feet of living space.
7726 Charney Lane sold for $822,500. It has 4 bedrooms and 3.1 bathrooms in 3844 sq. feet of living space.
Colony Point is a small community located on the north side of Clint Moore, just west of Military Trail. It has sidewalks for walking and biking. Students here attend Calusa Elementary School, Omni Middle School and Spanish River Community High School.
This contemporary ranch home at 6601 NW 23rd Way in Colony Point sold for $610,000. It has 4 bathrooms and 3 full bathrooms in 2704 sq feet of living space. The kitchen boasts new cabinets, quartz counter tops, marble floors and new stainless steel appliances. The master bathroom has dual sinks, a separate shower and jacuzzi tub. All the bathrooms have been recently renovated. Located on a large lot, the large screened patio has garden views and a free form pool with a stunning waterfall. Built in 1990, this home was foreclosed on in 2014.
The Polo Club is a gated community and exclusive country club. Owners must purchase an equity interest in the club. The club features 2 championship golf courses, a new 145,000 square foot clubhouse, 29 tennis courts, spa and community pool. There are also multiple dining options, a fitness center and playground. The Polo Club is located on Military Trail north of Clint Moore.
The beautiful home at 17072 Huntington Park Way sold for $762,500. It has 3 bedrooms with a den and 3.1 bathrooms in 2772 sq. feet of living space. The kitchen and bathrooms were recently renovated. New floors and a new roof were also added. When installing a new roof, it’s important to consider the benefits of hail resistant shingles so you can decide whether or not to protect your roofing and your home against destructive debris. Built in 1990, it was originally sold for $290,000.
The Seasons
3131 NW 60th sold for $800,000. It has 5 bedrooms and 4.1 bathrooms in 3469 sq. feet of living space.
6554 NW 31st Way sold for $790,000. It has 5 bedrooms and 5 full bathrooms in 3999 sq. feet of living space.
6248 NW 32nd Terrace sold for $860,000. It has 5 bedrooms and 5 full bathrooms in 3768 sq. feet of living space.
The Oaks
17582 Middle Lake Drive sold for $985,000. It has 4 bedrooms and 4.1 bathrooms in 3670 sq. feet of living space.
17808 Villa Club Way solf for $992,500. It has 5 bedrooms and 4.2 bathrooms in 4448 sq. feet of living space.
17794 Lake Azure Way sold for $830,000. It has 5 bedrooms and 4.2 bathrooms in 4404 sq. feet of living space.
17994 Lake Azure Way sold for $750,000. It has 3 bedrooms and 3.2 bathrooms in 3390 sq. feet of living space.
Broken Sound
2539 63rd Street sold for $600,000. It has 3 bedrooms and 3.1 bathrooms in 2834 sq. feet of living space.
6051 NW 24th Terrace sold for $765,000. It has 3 bedrooms and 4.1 bathrooms in 3035 sq. feet of living space.
6068 NW 24th Terrace sold for $690,000. It has 3 bedrooms and 3.1 bathrooms in 3066 sq. feet of living space.
5601 NW 23rd Avenue sold for $700,000. It has 4 bedrooms and 4 full bathrooms in 3098 sq. feet of living space.
Millpond
3642 NW 24th Terrace sold for $615,000. It has 4 bedrooms and 3 full bathrooms in 2651 sq. feet of living space.