Boca Isles, Boca Greens, Saturnia, Shores: 2020 Real Estate

The first half of 2020 shows wide variation based on neighborhoods. Homes in Saturnia, Boca Isles both sold well. Boca Greens continues to surge with more sales at higher prices. There was less activity in The Shores but pricing remains strong for sellers.

Saturnia

Saturnia homes sold well in 2019 and that continues in 2020 so far. Sixteen homes have closed this year, ahead of the 2019 pace. Prices are on par with last year or a bit higher.

Four homes sold for $700,000 or more with a top price of $790,000 for 19276 Natures View Court. It has 5 bedrooms and 3 baths in 3500 square feet. That matches the top price last year, also on the same street.

The same model at 19251 Creekshore sold for $780,000. Both have 3-car garages, private pools and water views.

Others in the 7s include:

  • 11827 Bayfield – 6 bedrooms, over 4700 square feet, $750,000
  • 19450 Saturnia Lakes – $700,000 for 5 bedrooms in 3500 square feet

The lowest price was $530,000 for 19477 Estuary, a 4-bedroom with 2700 square feet. That’s $35,000 over the low price in 2019.

A total of 7 houses sold under $600,000. Four of them were close in price between $530,000 and $545,000. Another group of four homes sold in a range from $620,000 to $635,000.

Median price was $621,000 and the average price was slightly higher at $629,000. All homes sold in Saturnia had at least 4 bedrooms and at least 3 full bathrooms. All but 3 of the homes had 3-car garages.

5 transactions are in some form of pending status. As elsewhere inventory is low. There are 4 homes listed at the moment with prices from $570,000 to $700,000.

On average homes took nearly 4 months to sell. 9 listings failed in the first half of the year, either expired or canceled.

Boca Isles

Boca Isles also saw increased volume in the first half of 2020 with 34 closed transactions. That’s more than half of the 53 deals in 2019.

Boca Isles North was busier with 20 homes sold, while Boca Isles South had 14 sales.

Both communities had fairly similar pricing. Boca Isles North deals averaged $566,000, a bit higher than the $564,000 in Boca Isles South. Pricing in Boca Isles North was also slightly higher on a dollars per square foot basis.

The biggest sale price was for 20130 Palm Island at $725,000 for a 5 bedroom with 3400 square feet, in Boca Isles South. Just a few doors down the slighty smaller 20160 Palm Island sold for $670,000.

The highest price in Boca Isles North was for 19239 Redberry, a 6-bedroom over 3400 square feet that sold for $710,000 after 7 months on the market. 19243 Bayleaf, a 5 bedroom under 3000 square feet, was next at $675,000.

For statistics geeks the median price in Boca Isles North was much higher at $582,000 vs $518,000 in Boca Isles South.

The lowest price was $413,000 for a 2100 square foot 3 bedroom at 19448 Preserve in Boca Isles North. The same model sold for $499,000 at 10856 Tea Olive.

20144 South Key Drive was the low price in Boca Isles South at $440,000 with 4 bedrooms and 2600 square feet. A large 5-bedroom went for $468,000 in a short sale at 20216 Ocean Key.

In both communities the average home took 2 1/2 months to sell. Inventory is low, particularly in Boca Isles North with only 3 homes listed ($530,000 – $745,000). There are 6 listings in Boca Isles South ($515,000 – $700,000).

Each neighborhood has 7 listings in some form of pending status. 6 listings failed in Boca Isles North and another 10 listings failed in Boca Isles South.

Boca Greens

Boca Greens entrance from US-441; image by Google.

Boca Greens homes have been rising in price for years and 2020 continues that trend. 21 homes sold in the first half of the year and prices jumped higher.

In 2019 four homes sold over $500,000 for the whole year. In the first six months of 2020 five homes have already sold over $500,000. Two homes sold for over $550,000, over last year’s top price under $540,000.

10370 Camelback was the big winner, selling for $565,000. It’s a 4-bedroom with 2500 square feet.

Just below that, 20202 Back Nine Drive sold for $555,000, a 3-bedroom home with 2500 square feet.

The low price was $290,000 for 19740 Back Nine Drive, an 1800 square foot 3-bedroom. The low in 2019 was $257,000.

The median price was $447,000 up from $429,000 last year. The average price was similar at $446,000.

While the average home took nearly four months to sell, that’s affected by two outliers which took over 500 days each. Leaving those two out, the average was closer to 2 months.

There are only 8 homes listed in Boca Greens ($430,000 to $650,000). 6 deals are pending and 6 listings failed.

The Shores

The Shores at Boca Raton saw only 7 transactions in the first half of the year, below the 2019 pace. 25 homes sold last year.

Prices continue to rise in The Shores. 11102 Blue Coral Drive broke the 700 ceiling at $715,000 with 5 bedrooms and 3400 square feet. Last year the top deal was $680,000 for a larger house.

11166 Sea Grass Circle was the low price at $392,000 for 3 bedrooms in 2100 square feet. This is substantially higher than the bottom two from 2019 ($330,000 and $375,000).

It’s a big jump up to the next deal at $490,000 for 11155 Sea Grass Circle (4 bedrooms, 2600 square feet). Last year several homes sold for less than that.

The media price so far in 2020 is $549,000.

Homes are selling fast, in less than 2 months. A couple listings failed, and 3 are pending.

4 homes are listed at the moment with prices from $525,000 to $570,000.

The Shores: 2019 Real Estate Report

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.

The Shores at Boca Raton 2017 Homes Sold

The Shores from Yamato; image by Google

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.

Boca Isles, Saturnia, Boca Greens, Shores, Lakes at Boca Raton: Real Estate Report

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.

18636 Cape Sable Drive in Lakes at Boca Raton sold for $470K.

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; image by Google

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.

2016 Home Prices Flat in The Shores at Boca Raton


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.

11146 Sandyshell Way sold for $580,000, the highest price in Shores in 2016. The 5 bedroom, 4 1/2 bath house was on the market for just over 2 months. Built in 1999, the house has nearly 3600 square feet under air.

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.
18628 Sea Turtle sold for the most for its size. With four bedrooms and two and half baths in 2300 square feet, its sold price of $435K works out to $186/sq.ft.

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.