Sellers in The Shores did well in 2019 with twenty-five homes sold and prices are up. The highest price this year was $680,000 for 11119 Blue Coral Drive, a 5-bedroom with 3800 square feet. Three others sold for $600,000 or more.
Two homes sold cheap with 18647 Sea Turtle Lane at $330,000, and 11399 Sea Grass Circle at $375,000. Other than that the floor seems to be $435,000 for homes in decent condition. More than half the homes sold for prices over $500,000.
These numbers are higher than 2018 where more than half the homes sold under $500,000, the high price was only $632,000 and only two homes sold for more than $555,000. Seven homes sold for $560,000 this year.
It is a particularly good time to sell in The Shores. Inventory is low with only one active listing.
19 homes sold in The Shores at Boca Raton in 2017. Most homes sold between $460,000 and $650,000. There was one exception at the high end – the 4000 square foot 7 bedroom at 11307 Sea Grass Circle sold for $665,000. There were two exceptions at the low end, both smaller homes. 11423 Sea Grass Circle sold for $380,000, the only house under $400K, with 4 bedrooms in 2400 square feet. The even smaller 11488 Sea Grass Circle, with 2100 square feet, sold for $415,000. Most of the houses were between 2900 and 3400 square feet with either 4 or 5 bedrooms, 2-4 full baths and nearly all with a half bath. There was a roughly even split between 2 and 3 car garages and all but the bottom house had either waterfront, a pool, or both. All were built between 1995 and 1998. Priced in dollars per square foot, the homes ranged from just under $150/sq.ft. to just under $200/sq.ft, with an average of $171/sq.ft. Roughly half of the homes sold in a month or less, with a few taking closer to three months. The $380K home sat on the market for nearly a year. At this writing there are 14 homes for sale in The Shores at Boca Raton with prices from $420K up to $665K. If you’re thinking of buying or selling a house in West Boca, call or text Warren at 518-225-3710.
We report on 17 homes sold from $330K to $735K in zip code 33498. Mission Bay and Island Lakes were covered in a previous article.
Saturnia Saturnia generally has the highest prices west of US-441. This report is no exception with two of the top three prices in Saturnia. Mainly this is due to the homes being large. 19354 Skyridge Circle sold for $735,000. The house has just over 4000 square feet with 5 bedrooms, 4 bathrooms and a variety of nice features including a screened in pool with a lake view and a large second floor patio inside the screen. Nearby 19245 Skyridge Circle sold for $670,000 with 5 bedrooms and 3 bathrooms in 3300 square feet. It has extensive remodeling including the kitchen, master bath and marble tile. Boca Isles Boca Isles is a large development between Yamato and Glades on the west side of Cain. It includes two sections, North (closer to Yamato) and South (closer to Glades). 20070 Ocean Key Drive in Boca Isles South sold for $705,000, a pretty high price for that community. The house has 5 bedrooms and 3 baths in just under 3200 square feet, with extensive remodeling. 19078 Cloister Lake Lane in Boca Isles North sold for $605K with 4 bedrooms and 3 bathrooms in 2700 square feet on one floor. Again this home had substantial remodeling and also has a screened in pool. Back to Boca Isles South, 10933 Bal Harbor Drive sold for $569K with the same “Palm Beacher” 5 bed, 3 bath model as the one on Ocean Key Drive. The kitchen was nicely remodeled. Bathrooms and some floors could use an update and there’s no lake view but overall this buyer got quite a bargain by comparison. Still in South, 19753 Dinner Key Drive sold for $545K with 4 beds and 3 baths in 2900 square feet on two floors. The house has some upgrades but some curious design choices may have reduced buyer interest. In Boca Isles North again, the smallest model at 19496 Preserve Drive sold for $495K. It has 3 bedrooms and 2 baths in 2100 square feet. A new roof and various upgrades likely increased the value. The slightly larger at 10864 Tea Olive Lane sold for $479K with 4 bedrooms and 2300 square feet. Again a new roof helped the price. The lowest price in Boca Isles goes to 20113 N Key Drive (Boca Isles South) at $455K with 4 bedrooms and 3 baths in 2800 square feet. The price was lower than usual because it’s a bank-owned property after a foreclosure last year. The Shores at Boca Raton Unusually large for The Shores, 11307 Sea Grass Circle sold for $665K with 7 bedrooms and 4 1/2 baths in just over 4000 square feet on two floors. It’s a relatively high price for the neighborhood but a good deal for the buyer on a dollars per square foot basis and the house has some nice features as well. We see more typical pricing with 18524 Ocean Mist Drive selling for $534K with 5 bedrooms and 3 1/2 baths in 3400 square feet. The price still works out cheap in dollars per square foot. Boca Greens Boca Greens is a gated golf course community but membership is not mandatory. Most homes are on one floor. 10353 Milburn Lane sold for $549,000. It has 4 bedrooms and 3 bathrooms in 2700 square feet. This is after substantial renovation including new roof, new air conditioning, kitchen, floors and more. The larger 10367 Camelback Lane sold for $480K with 4 bedrooms and 2 1/2 baths in 2900 square feet. The substantial backyard is probably a magnet for sliced tee shots. 10556 Fenway Place went for the lowest price in Boca Greens this report at $350,000. The 2 bedroom, 2 bath home has 2100 square feet and sat on the market for over five months, due to a high original listing price ($435K). Other Communities: 18636 Cape Sable Drive (image at top of this article) in Lakes at Boca Raton sold for $470,000. The house has 4 bedrooms and 3 1/2 baths in 2800 square feet on two floors.
18171 181st Circle S in Boca Chase sold for $383K with 4 beds and 2 baths in 2100 square feet. It took over six months to sell. Stonebridge homes usually sell low due to the mandatory club membership. 17887 Stonebridge Court did better than usual at $330K with 4 bedrooms and 3 baths in 3100 square feet.
On raw numbers home prices in The Shores fell 1% in 2016 from the 2015 numbers. The 2016 average transaction came in at $471,000, down from $477,000. As we saw with nearby Boca Isles, the average was distorted by a larger than usual number of “REO” homes sold after foreclosure.
Taking the REO deals out of the data leaves an average price of $489,000 in 2016. Measured in dollars per square foot, prices were still flat at $164/sq.ft. Houses in The Shores took much longer to sell in 2016, averaging 77 days compared to only 36 days in 2015.
The Shores at Boca Raton is a gated community of single family homes located at the far west end of Yamato Road. Typical home prices range from $400K to $600K. Most houses have four or five bedrooms though there are a few with three bedrooms. The neighborhood is zoned for Sunrise Park Elementary, Eagles Landing Middle, and Olympic Heights High, all excellent schools. The Shores responded to our request for information about updates:
Over the last year we have done many major improvements. Upgraded security system with new cameras, RFID Stickers, Key Fob at the clubhouse, new gates as well as a new third gate barrier. Also purchased new Security database where residents may update their guests list via internet and mobile app.
Renovated clubhouse exterior with a new roof, paint, pool furniture, and pool landscaping
Completed a new Playground
Renovated the gym. Purchased Cybex treadmills,Cybex arc trainer, Cybex all-all-in-one functional trainer, and Octane Elliptical trainers. Carpet replaced and walls painted.
There are several projects in the works
Re-design of the front entrance
Renovation of the children’s clubhouse to include new carpet, furniture and paint
New sidewalk installed to create better traffic flow to the playground, childrens playroom, and the pool.
A reader (and personal friend of WBN) sent us two pictures of a 10-foot alligator removed today from a lake in the Shores at Boca Raton. The neighborhood is just north of South County Regional Park, at the west end of Yamato Road. We believe it was one of the interior lakes.
Here’s another shot of the gator as it’s being pulled out. And here are more photos from two readers: We’re now told the actual measurement was 9.9 feet.