33498 – Page 10 – West Boca News

Recent Homes Sold in Mission Bay, Saturnia 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 Mission Bay development consists of over twelve hundred homes within 10 “villages.” Certain villages have their own sub-associations. The community is west of 441 and covers 500 acres on both sides of Glades Road. The land includes the Evert Tennis Academy and Boca Prep International School and is near commercial plazas including Sports Authority and Mission Bay Plaza. There are swimming pools, tennis leagues, social events and more. HOA fees vary.
The beautiful 2 story home at 20255 Hacienda Court sold for $565,000. It has 4 bedrooms and 4 full bathrooms in 3565 sq. feet of living space. Special features include a large kitchen with wood cabinets, granite counters and stainless steel appliances. Neutral tile and wood laminate floors are in all the living areas and the homeowners installed accordion hurricane shutters. The in ground screened in pool has views of the lake. Built 1993 for $246,200, it was last purchased in 2013 for $500,000.
10704 Avenida Santa Ana sold for $506,000. It has 5 bedrooms and 3 full bathrooms in 2640 sq. feet of living space.
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.

The Mediterranean ranch at 19211 N. Creekshore Court sold for $750,000 by our brokerage, Signature International Real Estate. It has 5 bedrooms and 4 full bathrooms in 3681 sq. feet of living space. The home is situated on a cul de sac on 1/3 of an acre with views of the lake and no rear neighbors.
The custom kitchen has wood cabinets with pullouts, glass cabinets with lighting stainless steel appliances, granite and a 9 foot island. There are engineered hardwood floors through the house. The backyard features a large heated in ground pool and screened patio. Built in 2000, it was originally purchased for $552,030. It was sold for $800,000 in 2005 and $755,000 in 2008.

We included this house in an article about homes for sale in Saturnia back in April.
19438 Saturnia Lakes Drive sold for $790,000. It has 6 bedrooms and 4.1 bathrooms in 4578 sq. feet of living space.
11738 Bayfield Drive sold for $755,000. It has 6 bedrooms and 4.1 bathrooms in 4689 sq. feet of living space.
19576 Saturnia Lakes Drive sold for $683,500. It has 6 bedrooms and 4.1 bathrooms in 4796 sq. feet of living space.
19132 Streamside Court sold for $617,000. It has 5 bedrooms and 4 bathrooms in 4164 sq. feet of living space.
19180 Skyridge Circle sold for $615,000. It has 4 bedrooms and 2.1 bathrooms in 3495 sq. feet of living space.
19114 Two River Lane sold for $540,000. It has 4 bedrooms and 3 full bathrooms in 2741 sq. feet of living space.
19570 Saturnia Lakes Drive sold for $519, 750. It has 5 bedrooms and 3 full bathrooms in 3525 sq. feet of living space.
19125 Skyridge Circle sold for $507,500. It has 4 bedrooms and 4 full bathrooms in 2819 sq. feet of living space.

Are you ready to buy or sell West Boca real estate? Call Realtor® Warren Redlich at 888-733-5299 or send him an e-mail: [email protected].
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There are two Boca Isles neighborhoods, west of Cain Blvd and south of Yamato Rd. Boca Isles North and Boca Isles 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. Sunrise Park Elementary School is nearby. Both are zoned for Eagles Landing Middle and Olympic Heights High School even though West Boca High is a lot closer.

The beautiful home at 10849 Bal Harbor Drive sold for $650,000. It has 5 bedrooms and 3 full bathrooms in 3197 sq. feet of living space. The spacious 2 story home has high ceilings and an open floor plan. The kitchen has granite counters, stainless steel appliances and a breakfast nook. The backyard features a newly remodeled pool and spa and pavers with magnificent views of the lake. Built in 1995. It was purchased for $385,000 in 1999.
10582 E. Key Drive sold for $563,000. It has 5 bedrooms and 3 full bathrooms in 3188 sq. feet of living space.
19434 Black Olive Lane sold for $525,000. It has 4 bedrooms and 3 full bathrooms in 2756 sq. feet of living space.

Other neighborhoods:
11036 Blue Coral Drive in The Shores at Boca Raton sold for $569,000. It has 5 bedrooms and 3.1 bathrooms in 3366 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”]

Recent Home Sales in Saturnia, The Shores and Boca Isles

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.

Boca Isles Real Estate Trends

Boca Isles

In our continuing series on real estate trends, we looked at transactions in the Boca Isles neighborhood. Boca Isles consists of two gated communities, Boca Isles North and Boca Isles South. Both sit on the west side of Cain Blvd between Yamato and Glades.
The two are very similar so we considered them together. They account for a large portion of the sales volume in zip code 33498.
Unlike the minimal changes we saw in our Boca Falls analysis, there is a clear positive trend in Boca Isles. For the first half of 2015 (January through June) the average transaction price was $515K, about 3% higher than the previous six months ($501K) and 8% higher than the first half of 2014 ($476K). In dollars per square foot the year-on-year increase was just below 8%, rising from $175/sq.ft. in the first half of 2014 to $182/sq.ft. in the second half and up to $189/sq.ft. in the first half of this year.

Houses are also moving more quickly, with the average sale taking place in just over two months (64 days) compared to nearly three months (86 days) in the year-earlier period.
One other notable detail came out of our review of the last 6 months. Discount brokers are saving sellers about 1% of the brokerage fee, which works out to $5000 on a $500K sale. But the transaction prices, in both total amount and $/sq.ft. are about 4% lower. From this limited data sellers with full fee brokers net an extra $15,000. Discount broker listings also took a month longer to sell.
Our spreadsheets for this analysis are below:
Boca Isles Transactions: January to June 2015:
[gview file=”https://westbocanews.com/wp-content/uploads/2015/07/boca-isles-1H-2015.xls”]
July to December 2014:
[gview file=”https://westbocanews.com/wp-content/uploads/2015/07/Boca-Isles-2H-2014.xls”]
January to June 2014:
[gview file=”https://westbocanews.com/wp-content/uploads/2015/07/BocaIsles-1H-2014.xls”]
Discount vs. Full Fee Brokers
[gview file=”https://westbocanews.com/wp-content/uploads/2015/07/isles-discount-broker-compare.xls”]

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.