Real Estate Update: September 33428

Warren’s latest report on Boca Falls, Boca Winds, Loggers’ Run, Mission Bay, Palmetto Pines and Boca Springs, Boca Woods, and a little more.

Boca Falls

Boca Falls inventory grew slightly now with 18 homes listed, with 5 sales in the month of August. The biggest sale was at 21839 Marigot Drive in the Crystal Pointe subdivision at $765,000. The home has five bedrooms in 3800 square feet of space with some gorgeous features (below).

The other four homes sold with prices from $545,000 to $590,000. That $590K home is the most startling, a 4100 square foot palace in the premium Estates subdivision that was originally listed for $710,000.

21248 Rock Ridge Drive sold for $590,000, down from the $685,000 the seller paid in 2009. Image Google.

The closing price is nearly $100,000 less than the owner paid for the house back in 2009, when the market was down after the foreclosure crisis. According to the listing the house has some great features inside including a gourmet kitchen, but there are no interior photos included. Maybe there were problems inside but the listing doesn’t show that.

Of the 18 homes listed, prices run from $445K to $800K.

Boca Winds

Boca Winds has 15 homes listed again this month, and only two of them in Ashley Park. Prices seem higher with the lowest listing at $378,000.

22328 Siesta Key Drive is listed for $649,000. Image by Google.

Five homes sold in August (none in Ashley Park), all priced in a tight range from $410,000 to $460,000.

The five homes sold in Boca Winds are shown on the map above. Image and map data by Google.

Loggers Run

The number of homes for sale is steady in Loggers’ Run as well. There are now nineteen listings including six in the Timberwalk townhomes section.

Single family home listings start from $375K to $405K in Country Landings III.

At the high end there are three homes for sale including a possible bargain at 11629 Kensington Court, listed for only $539,000. The listing does not indicate it’s bank-owned but it appears to have been foreclosed earlier this year and is owned by an LLC.

Another three homes are listed in Island Lakes with prices from $500,000 to $550,000.

Timberwalk townhome and villas list from $244,000 up to $295,000.

Eight homes sold in August. Two in Timberwalk sold for $245,000 and $250,000.

The highest price was for 22749 Wilderness Way at $875,000. The lot has quite a bit of waterfront.

A few homes sold in Country Landings II and III with prices near $375,000. A house on Little Bear Way in Cimarron sold for $470,000 and one in Indian Head sold for $487,500.

Mission Bay

Mission Bay had seven transactions in August. A 2000 sq.ft. townhome sold in Reflections for $300,000.

Six single family homes sold from $394,000 for a 1900 sq.ft. 3-bedroom in Harbour Springs to $511,000 for a 2500 sq.ft. 2-story 4-bedroom in Sonata.

10930 Handel Place sold for $511,000. Image by Google.

There are eighteen homes actively listed for sale at this writing. Fifteen are single family homes including six in the Sonata subdivision and four in Ventura. There are also two townhomes listed in Reflections and one in Las Flores, with all three priced in the low $300K range.

Single family home list prices start around $380K in the gated Regatta and Ventura subdivisions, with 10791 Avenida Santa Ana optimistically priced at $649,000 for a 2600 sq.ft. house with no waterfront on an odd lot in The Isle. It’s very nicely remodeled with gorgeous features and a new roof, but $250 per sq.ft. still seems high for a 30-year-old house.

Palmetto Pines and Boca Springs

August saw only two closed sales in Palmetto Pines and one more in Boca Springs, all under $400,000.

10076 Country Brook Road sold for $381,000 (4 beds, 2300 sq.ft.)
4542 Avalon Street sold for $360,000 (3 beds, 1350 sq.ft.)
10680 Eland sold for $295,000 (3 beds, 1240 sq.ft.)

There are fifteen homes listed for sale at this writing, with two priced down at $275,000. Only one home is listed for for more than $400,000.

Boca Woods

Five homes sold in Boca Woods with one lowball 2-bedroom priced at $103,500. One closed at $300,000 and two more were in the high $200K range.

Palma Vista and Avalon

We did not see any transactions in Palma Vista or Avalon in August. There are no listings in Palma Vista at the moment and only one house listed for sale in Avalon at 21830 Cypress Palm Court at $585,000. It’s also listed for rent at $4200/month.