FRENCHMANS RESERVE

This is a small upscale country club community with a dynamite location in Palm Beach Gardens.  There are 392 single family homes plus 56 coach homes, many surrounding an Arnold Palmer designed golf course or backing on to private preserve area. The clubhouse has loads of activities and their is an active tennis program, complete fitness center and pool.   The single family homes range in size from 3400 square feet to 7500 square feet (air conditioned) and selling for as low as the mid $800,000's to over $5 million. The coach homes have 2400 square feet to 2950 square feet (air conditioned) and are reselling in the $300,000's and $400,000's.   New home construction is just about completed in the community.

Recent Market Activity --  The median price of the 34 homes sold in Frenchmans Reserve in 2014 was $1,053,750 with the lowest price being a two bedroom, two bath coach home selling for $410,000 and the most expensive estate home selling for $2,687,500.  

Older  Market Activity -- By the end of October, 2014, Frenchmans Reserve home prices were up about 12 percent from the market bottom in 2011 providing wonderful opportunities for buyers.  There were 35 homes sold through late October 2014 averaging $248 per square foot compared with 24 homes sold in 2011 averaging $218 per square foot.  About half the homes sold were priced above $1 million and half were below.   Sales of homes in Frenchmans Reserve have surged in the first half of 2011 with 17 single family homes sold through mid-June.  Prices have stabilized and increased slightly with the average single family home selling for $238 per square foot. Prices declined about 17 percent in 2010 compared with 2009 for single family homes.  During 2010 there were 18 single family homes sold averaging $221 per square foot. In 2009 there were  25 homes sold averaging $277 per square foot for the single family homes and $124 per square foot for the two coach homes sold.  The 2009 sales more than doubled the 2008 sales when just 12 properties changed ownership.  Prices declined in 2008 by about eight percent in Frenchmans Reserve, a bit less than the double digit decline seen in many country club communities.  In early November,  2010 there were more than 60 homes on the market in Frenchmans Reserve.   Prices range from the mid-$300,000's for a two bedroom, two bath coach home up to $3,595,000 for a six bedroom, seven bath estate home on a third of an acre.    Frenchmans Reserve is centrally located in Palm Beach Gardens on Highway Alt A1A, about 2 miles north of PGA Blvd convenient to oustanding shopping, restaurants and entertainment. 

Frenchmans Reserve - Single Family Homes

All Listings $800,000 - $900,000 $900,000 - $1,000,000
Over $1,000,000
22 Properties Found. Showing Page 1 of 4
Map
Sort by: