Category: Real Estate

This is Warren’s update on home sales in Boca Isles, Saturnia, Boca Greens, Shores, Boca Chase, Lakes at Boca Raton, and Stonebridge. Mission Bay is in Warren’s 33428 report.

Boca Isles: 22 homes sold in all of Boca Isles in the first half of 2019, 14 of them in Boca Isles North and 8 more in Boca Isles South. The average home took over 3 months to sell for $540,000 with four bedrooms in 2700 square feet. That works to $200/sq.ft.

The highest price was $703,000 for 19156 Cloister Lake Lane in Boca Isles North. It’s also the largest home sold at 3400 square feet, with 5 bedrooms and 4 bathrooms.

That price is something of an outlier. The next highest price was $626,000 for 10872 Tea Olive Lane, and only two other houses sold for more than $600K.

Six homes sold for less than $500,000, three of them under $450,000. The lowest prices were $425K for 10805 Maple Chase Drive (BI North) and $430K for 20113 Ocean Key Drive (BI South).

Most of the transactions (12) were in the $500K range from $515,000 up to $589,000.

10805 Maple Chase was also the biggest bargain at $160/sq.ft. for the 2700 square foot home. By contrast the 2300 square foot 19579 Black Olive Lane sold for $520,000, or $224/sq.ft.

Every home in Boca Isles took more than a month from listing to close. Most did sell in less than 3 months, but four of them took six months or longer, pushing up the average.

It should also be noted that 13 listings expired or canceled in the first half of the year. There are 18 homes listed for sale at this writing.

Saturnia: It remains a buyers market in Saturnia, where 8 homes sold in the first half of the year while 11 listings expired or canceled. There are 20 homes listed for sale.

We have long felt Saturnia is the best place in West Boca to buy a large, high end home and this year is no exception. Three transactions were for over $750,000, all spectacular remodeled homes with 5 or 6 bedrooms in 4700 square feet. There are four more homes like this available right now.

Similar houses in the new GL developments would cost nearly double the price with smaller lots, higher association fees and a much longer distance to the zoned schools. Saturnia has Sunrise Park Elementary and Eagles Landing Middle right across the street.

The lowest price in Saturnia was $550,000 for the one-floor 2700 square foot 4-bedroom at 19489 Estuary Drive. One other home that size went for $565,000. Three more homes sold for between $595,000 and $670,000, all with five bedrooms between 3100 and 3350 square feet.

Boca Greens had 22 transactions along with 10 expired or canceled listings. The average transaction was a 3-bedroom with 2000 square feet selling for $426,000. This is a bounce up from the same period last year.

There were two deals over the $500K line. 10300 Camelback was the highest price at $537,500 for four bedrooms in 2700 square feet. 20049 Back Nine Drive went for $506,000 with 2300 square feet.

The lowest price was also the smallest home, 19651 Back Nine Drive sold for $310,000 with only 1200 square feet. That also works out to the highest price per square foot at $258.

Overall six homes sold in the 300Ks from $310,000 up to $364,500. Fourteen homes sold in the $400Ks from $412,500 up to $484,000.

The biggest bargain was 19537 Sedgefield, a 1950 square foot 4-bedroom that sold for $335,500, more than $10K over its listing price. There are currently 13 active listings .

The Shores at Boca Raton was busy with 12 transactions in the first half of the year and 9 canceled or expired listings. Only 5 homes are listed for sale at the moment.

Aside from one outlier prices started at $435,000. The outlier was a troubled 2400 square foot 4 bedroom that was originally listed for $419,000 but sold for only $330,000.

The four highest prices were on Ocean Mist Drive, all with five bedrooms and 3400 or more square feet. They ranged from $560,000 up to $610,000. 18612 Ocean Mist Drive was the most expensive, while two doors away 18604 Ocean Mist Drive is the largest at 3700 square feet.

The western part of Boca Chase had fifteen closed transactions with eight listings expired or canceled. This is the most desirable part of Boca Chase with all single family homes and a lower incidence of crime.

Eleven of those fifteen sold for less than $400,000 with a low of $310,000 for 11213 Jasmine Hill Circle, a 3-bedroom with 1600 square feet. 18228 Clear Brook Circle sold for $397,000 with 4 bedrooms in 2800 square feet.

Four homes broke the $400K line, all roughly 2800 square feet with prices as high as $445,000 for 18349 Coral Chase Drive.

The eastern half of Boca Chase includes both single family homes and townhomes.

The townhomes went in a fairly tight price range from $270,000 to $319,000, all of them having 1650 square feet. The single family homes started at $323,000. Four homes sold for over $400,000 including three on 181st Circle or 182nd Lane.

The highest price was $427,500 for 10200 182nd Lane S, a 4-bedroom with just under 2100 square feet.

The 55+ section of Boca Chase is in the middle of the development and had 24 transactions.

Five units sold for under $200,000, while eleven sold in a tight range from $250,000 to $280,000. At the high end for this group, the single family home at 18090 104th Terrace S closed at $330,000.

The Lakes at Boca Raton did particularly well with 19 closed sales and only 3 listings expired or canceled. There are 9 active listings.

The low price was $298,000 for 10405 Islander Drive, which was sold in the middle of an unfinished renovation. Other than that the lowest price was $343,000, which had been rented out. Six other homes sold in the $300Ks up to $377,000 for 18947 Adagio Drive (1800 square feet).

At the top, two homes sold for $570,000: 10779 Sea Cliff Circle (2900 square feet) and 18653 Cape Sable Drive (3300 square feet). One other home sold for $519,000 and the rest sold for prices between $400,000 and $475,000.

Stonebridge sellers are doing better this year with 20 transactions so far and only 13 expired or canceled listings.

Pricing is still a challenge for this country club community with two homes selling under $100,000. There are 17 homes currently listed for sale.

17809 Southwick Way finally sold for only $65,000 after being on and off the market since 2016. The house has 3 bedrooms in 2900 square feet.

Only slightly larger, 17893 Hampshire Lane sold for $330,000 in just over two weeks, showing the fickle nature of the market.

The top price was $455,000 for 17727 Litten Drive, which took 5 months to sell.

10435 Stonebridge Boulevard was the only other sale over $400,000 at $435,000. The house has 5 bedrooms and over 3800 square feet.

This is Warren’s update on the various communities in zip code 33428.

Boca Falls: Sales volume is up with 22 homes sold in the first half of the year. The average sale was a 4 1/2 bedroom home with 3000 square feet selling for $574,000 in 3 1/2 months. Inventory is also up with 14 homes currently on the market.

Some homes closed at fairly high prices with the 4000 square foot 5-bedroom at 21288 Rock Ridge Drive in The Estates selling for $755,000 at the top. It doesn’t even have a lake view. Nearby 21206 Falls Ridge Way sold for $750,000 with 5100 square feet.

Five homes sold in the $600K range and nine more sold in the $500Ks.

Current listings include three smaller homes (2000 – 2300 sq.ft.) listed under $500,000 and four larger homes (3500 – 3900 sq.ft.) listed over $700,000. The biggest, in Crystal Pointe, is also the priciest at $825,000.

Boca Winds: Inventory remains low in Boca Winds with only 9 homes currently on the market, less than 1% of homes in the community. That makes it a seller’s market.

As always the lowest prices are in Ashley Park with two homes listed near $365,000. Three homes in Regency Place are listed just below $400,000. The highest list price at the moment is $493,000.

Sales volume remains strong in Boca Winds with 28 homes sold in 2019 so far, similar in pace to the 55 sold for all of 2018. The average transaction was a 4 bedroom with 2300 square feet selling for $438,000 in 3 months. That last bit might reflect that some homes in Boca Winds are taking longer to find the right buyer. The average was driven up by a few homes that took several months.

One outlier home sold for $295,000, but everything else sold for over $350,000. Oddly the lowest prices were in Regency Place instead of Ashley Park. The lowest one and two others near $360,000, all about 1600 square feet, were in Regency Place.

The high end was a 3250 square foot house on Little Palm Lane that netted $650,000. One house in Collington Estates sold for over $500,000. A total of 19 homes sold between $400K and $500K.

Loggers’ Run: Loggers’ Run has 16 single family homes listed for sale with a wide range of prices at the moment. Timberwalk has 5 villas mostly listed close to $250,000.

At the high end of the active listings Tamarron has a 2600 square foot house listed at $925,000. That seems optimistic but we’ve been wrong before. It does have a one acre lot.

The rest of the single family listings are priced between $370,000 and $680,000.

There were 26 transactions of single family homes this year so far. Four sales were in Island Lakes ranging from $470,000 to $512,000. Closing prices in the Country Landings subdivisions ranged from $326,000 up to $380,000.

The highest prices were in the Winding Lakes subdivisions along with two deals in Ponderosa on the county line canal. At the top were two Winding Lakes homes at $675,000 and $650,000, both four bedrooms with 3000 square feet.

Timberwalk saw 13 townhomes and villas sell between $240,000 and 280,000. Of those 11 were 1500 square feet or less.

Mission Bay: There were 35 sales in Mission Bay in the first half of 2019, 31 of them single family homes. For townhomes two 1800 sq.ft. models sold in Las Flores for $295,000 each. Two more sold in Reflections over $300,000.

Of the single family homes, six of them sold in the upper 300s spread across Ventura, Regatta, Harbour Springs and La Costa. Seven more sold from $400,000 to $415,000 including one in The Isle.

The highest prices exceeded $600,000. The 3700 square foot 5-bedroom at 20456 San Rafael Court in The Isles was purchased for $678,500. Two 2800 sq.ft. homes in Cordova Estates sold for $610,000 and $586,000.

One home in Sonata broke the $500K barrier selling for $502,000 with 2500 square feet and a lake view.

Regatta had the most activity with 7 deals from $370,000 to $495,000. Ventura had 6 sales from $356,000 up to $467,000. There were no transactions at all in Laguna in 2019 so far.

Boca Woods: 21 homes sold in Boca Woods with five going over $370,000, two of them over $400K. On the other hand thirteen sold for less than $175,000, four of them under $100K.

There are 34 homes listed with prices as high as $600,000.

Palma Vista: Five homes sold in Palma Vista, near West Boca Medical Center, with prices from $450,000 up to $1.1 million (a 6000 square foot 6-bedroom house). There are currently no homes listed.

Avalon: Three homes sold in Avalon (behind Lowe’s), all between $500,000 and $600,000. One home is listed there now, a 5-bedroom with 3000 square feet, on the market at $565,000.

Palmetto Pines: Ten homes sold in Palmetto Pines from $285,000 up to $360,000. There are currently six homes listed for sale, with the lowest at $317,000.

Boca Springs: Three homes sold in Boca Springs, all with four bedrooms, from $370,000 to $412,000. Two homes are on the market now, priced at $380,000 and $412,000.

Meadow Lakes saw five transactions this year starting at $308,000 for a 3-bedroom under 1500 square feet. A 2000 square foot 4-bedroom netted $380,000, and a much larger 2700 square foot 5-bedroom sold for $430,000.

There’s a lot of inventory right now in Meadow Lakes with 8 homes listed as low as $330,000.

There were 8 sales in Lexington Estates since the beginning of 2019 starting at $408,000. Four others sold for $450,000 or less, while three homes sold for over $500,000. The biggest price was $540,000 for a 6-bedroom with 3300 square feet.

Active listings include three large homes starting at $575,000 for 3300 square feet. The top is priced just under $700,000 for 4200 square feet.

There’s only one home for sale in Paraiso (aka Allegro), a 1400 square foot 3 bedroom. Three transactions this year were priced from $297,000 up to $325,000.

The section of Sandalfoot Cove that lies west of Lyons had 5 single family home transactions ranging $290,000 up to $367,000.

The Vineyards (Palmetto behind Walmart) has four homes on the market. Three are priced from $400,000 up to $430,000. One is optimistically priced at $579,000. The neighborhood has had only one sale this year, at $390.000.

Arborwood (Lyons at Palmetto) had four sales from $425,000 up to $506,000. One home is actively listed for $559,000.

There were 19 units sold in Boca Lago with prices as low as $130,000. Eight sold for $200,000 or more with 9304 Vista Del Lago B going for $300,000 (1500 square feet), and the larger 21461 Cypress Hammock Drive 28a at $337,500.

Other neighborhoods north of Boca Lago along the west side of Lyons include:

• Timbers of Boca – 21234 Hazelwood Lane sold for $304,000 with less than 1400 square feet
• Boca Ridge – Three homes sold from $292,000 to $330,000
• Boca Flores – Two new 1900 square foot condos sold for $437,000 and $460,000
• Pine Springs – 9175 Pine Springs Drive sold for $319,000 with 2300 square feet

Warren Redlich is pleased to now offer two houses for sale in Boca Falls. The homes are next door to each other and both have a great lake view. They’re great for families who want to live comfortably with access to great schools

Already on the market is 12353 Riverfalls Court, currently priced at $475,000. This is the best deal available on a four bedroom home in Boca Falls.

Coming on the market is 12345 Riverfalls Court, a 5-bedroom in spectacular condition. It is going to be listed at $649,000.

Both homes are very close to the best public schools in South Florida. Both are protected by the excellent security in Boca Falls, and have access to the great amenities in Boca Falls.

Call or text Warren at 561-536-3645 to get a chance to see these homes, or talk to Warren about listing your home