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PALM BEACH GARDENS
COUNTRY CLUB COMMUNITIES
Click on a community below to see single family homes currently for sale in the selected country club neighborhood.
BallenIsles - A country club and residential community of more than 1500 residences ranging from patio homes and golf villas to Courtyard and Estate Homes, BallenIsles is laid out in 32 varied neighborhoods. Home prices start below $300,000 with a large span up to about $4 million. Built between 1990 and 2005, home sizes range from 1800 square feet to over 10,000 square feet (air conditioned). Three 18-hole golf courses wind through the neighborhoods. Two were designed by Dick Wilson and Joe Lee and the third was recently redesigned by Gene Bates Golf Design. A $50 million renovation of the tennis center, club house and fitness areas was completed in 2009. Recent Market Activity -- In early 2010 there were 90 homes on the market in BallenIsles, ranging in price from $300,000 for a three bedroom, two bath 1881 square foot single family homes on a lake, or a two bedroom, three bath 2190 square foot home with a pool, to $2,790,000 for a three bedroom, four bath 4593 square foot home. More than one-third of the homes on the market are priced at or below $500,000 with five short sales available. In 2009 47 homes sold in Ballenisles ranging in price from $285,000 to $2.2 million. The average price of the 47 homes sold was $623,634. That was about 20 percent less than the average price of the 50 homes that sold in BallenIsles in 2008. The lowest priced home sold in BallenIsles in 2008 was $250,000 and the highest was $2.2 million. BallenIsles is located just east of
Eastpointe - A country club and residential community of about 750 condos, villas, and single family homes priced from under $100,000 for a condo to into the $400,000's for a single family home. The community has both permanent and seasonal residents and offers many properties for seasonal/vacation rental. Eastpointe is a well established community with the first homes built in the mid-1970's. Its two separate country clubs joined forces in 2010 and now features two Tom Fazio designed 18-hole golf courses. There is a mandatory social membership in the country club for all residents that is priced at about $4000 per year. Recent Market Activity -- Prices of condos have come down significantly in the past few years with one condo selling in 2010 at $36 per square foot, more than 60 percent less than condo sale prices in 2009. But single family homes are faring better. Prices of single family homes under 2000 square feet increased significantly in the first quarter of 2010 reaching $134 per square foot, about 30 percent more than 2009 prices and 16 percent more than 2008 prices. Larger homes, those above 2000 square foot have held steady in the first quarter of 2010 at $115 per square foot compared with $114 per square foot in 2009 and $151 per square foot in 2008. Eastpointe is located in the northern part of
Frenchmans Creek - An upscale community, Frenchmans Creek Beach and Country Club provides a unique living experience for its residents. It is the only community in the area with both a country club boasting two challenging golf courses, 17 Har-tru tennis courts, a full service fitness center and spa, plus its own beach club in nearby Juno Beach. Frenchmans Creek also has a full service concierge service for residents which includes transportation, handyman services, and special requests.This is largely a seasonal community with an estimated 150 year 'round residents. Unlike many other area clubs, there is just one membership level that includes all facilities and is set at $150,000 initiation fee plus about $20,000 annually. The 600 homes in the community range from one and two-story town homes, to villas, patio homes, and magnificent estate homes. Prices start in the high $500,000's and climb to over $6 million for homes between 2300 sq ft to over 10,000 sq ft of air conditioned living space. At the end of first quarter 2010 there were 37 homes for sale in Frenchmans Creek ranging in price from $595,000 up to $4,955,000. Recent Market Activity -- Because of the uniqueness of the community, the individuality of the homes and the variety of lot locations, it is difficult to advance a blanket market value for homes in Frenchmans Creek. In 2008 there were 11 homes sold averaging $427 per square foot and ranging from $798/SF to $279/SF. In 2009 there were 11 homes sold averaging $280 per square foot and ranging from $381/SF to $203/SF. By the end of first quarter 2010 there were four homes sold averaging $319/SF and ranging from $487/SF to $204/SF. The community is located in eastern
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 bakcing on to private preserve area. 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 $400,000's and $500,000's. There is home construction continuing in the community. Recent Market Activity -- Sales of homes in Frenchmans Reserve were brisk in 2009 with 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 March 2010 there were 53 homes on the market in Frenchmans Reserve, four of which were under contract. Prices range from the mid-$800,000's for a three bedroom, four bath home up to $3,495,000 for a six bedroom, seven bath estate home on a third of an acre. The four coach homes on the market were priced from the mid $400,000's to the upper $600,000's. Frenchman 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.
Ibis - Ibis is a country club and residential community with approximately 1900 homes in fifteen different neighborhoods. The homes, built between 1991 and 2007 range in price from under $200,000 to over $4 million. Residences include villas, town homes, coach homes, and single family homes that vary in size from 1300 square feet to over 8000 square feet (air conditioned). Winding through the Ibis homes are three Nicklaus-Family designed golf courses. In addition to the golf courses, the Ibis has 12 tennis courts, a modern fitness center and a large club house with restaurants, card rooms and assorted social activities. There is a mix of year 'round and seasonal residents and the blend of homeowners in the community includes young families, professionals, empty nesters and retirees. The community is located adjacent to the magnificent Loxahatchee Nature Preserve and is home to assorted wildlife. Recent Market Activity -- There were 72 homes sold in Ibis in 2009, about the same number as sold in 2008, however, in 2009 there were 35 percent more homes that sold in the lower price brackets, those under $400,000, than than those above $400,000. At the same time, prices for homes in Ibis declined with homes priced below $400,000 going for $115 per square foot in 2009, a 15 percent price decline from 2008. And homes priced above $400,000 also decline in price from 2008 to 2009 going from $224 per square foot down to $189 per square foot, a 16 percent drop. Ibis is about seven miles west of I-95 on
Ironhorse - Ironhorse is a small, intimate country club community nestled against the Loxahatchee Nature Preserve. It is a private, gated community, with 324 homes ranging in size from 1,700 square feet to over 5,000 square feet (air conditioned). The homes sit on lots that range from less than ¼ acre to over ½ acre. with many homes backing on to the picturesque Arthur Hills golf course or the nature preserve, providing relaxing and panoramic views from the lanai. There are both one and two story homes in Ironhorse with a good mix of both year 'round and seasonal residents. Unlike many similar communities, membership in the country club is not required. But it is the best deal in town. A social or sports membership, including the clubhouse, restaurant, fitness center, tennis courts and swimming pool costs $2200 per year for a family. And the full golf membership is just $5900 a year per family. Equity memberships were eliminated in early 2010 when the club was sold to a private individual. Built between 1992 and 2004, Ironhorse homes are priced from the low $200,000s to over $1,000,000. Recent Market Activity -- As with most country club communities, Ironhorse home values have taken a hit in recent years declining 18 per cent since the end of 2008. In the first quarter of 2010, three homes sold, including a foreclosure, averaging $141 per square foot. That was down 11 per cent from 2009 when 11 homes sold averaging $159 per square foot. In 2008 13 homes sold averaging $172 per square foot. Ironhorse is located in the northern part of West Palm Beach adjacent to Palm Beach Gardens, about 3 miles west of I-95 and just south of the Beeline Highway. Click here for more Ironhorse information.
SEE IRONHORSE IN THE PALM BEACH POST.
Mirasol - A large, upscale country club community, Mirasol is one of
Old Marsh - Old Marsh is an upscale and elegant country club community comprised of about 160 custom estate homes. New and resale homes start at about $1,300,000. The Old Marsh golf course is a jewel designed by Pete Dye and winds through the wetlands of
Old Palm -- The epitome of old world charm and elegance, some of Palm Beach Gardens' most expensive real estate is found in this upscale country club community. Dedicated to the ultimate golf experience, Old Palm includes an outstanding country club facilities with spa and all of the amenities expected at a world class facility.Old Palm is the home to golfing great Raymond Floyd and his family. The facility includes a state-of-the-art 33 acre golf practice area with video equipment, practice holes and much more than the standard driving range. Homes in this communities are priced in the upper brackets. Recent Market Activity -- At the beginning of 2010 there were 34 homes on the market in Old Palm ranging in price from $1 million for a four bedroom, four bath 3901 square foot home to $8,495,000 for a 10,488 square foot, six bedroom, six bath estate home on more than one acre. Old Palm felt the effects of the real estate market downturn in 2007 and 2008 when only one home was reported sold through the local multiple listing service. But in 2009 sales increased to nine homes sold at an average price of $416 per square foot. Old Palm is located just east of the Turnpike on PGA Boulevard and is a fully gated community.
PGA National - This Palm Beach Gardens Country Club community is still providing great value for buyers. Homes are selling reasonably well in this established golf course mecca with lower priced units moving well ahead of pricier homes. PGA National is one of the few communities that does not require club membership for its residents. With nearly 5000 condos, townhomes, villas and single family residence in more than 40 neighborhoods. PGA National is one of the largest communities in Palm Beach Gardens, yet once within your own community, it becomes a very small town. True to its name there are five golf courses at PGA National, including the Championship course where the PGA Tour's Honda Classic is held each March. The entire community is gated from 9 p.m. until 6 a.m. and certain sections of PGA are gated all the time. There are a variety of residents in the community from singles, to young couples, professionals, snow birds, empty nesters and retirees. And its location is at the end of PGA Boulevard's strip of upscale boutiques and restaurants. Recent Market Activity -- In the middle of April, 2010 there were 219 homes on the market in PGA National, with 126 of those priced at or below $300,000. These include condos, townhomes and single family homes. By the end of the first quarter, 2010, 46 units sold with 28 of those priced at or below $300,000. In 2009, 181 units sold in PGA National with 102 of those priced at or below $300,000. And in 2008 there were 166 units sold of which 82 were priced at or below $300,000. PGA National occupies a large tract of land just west of Florida's Turnpike from PGA Blvd. south to Northlake.
