Palm Beach Gardens estate communities are showing few sales in the past two years with homes staying on the market for months and in some cases, more than a year.
Long sought after communities such as Steeplechase and San Michele, boasting large executive homes priced upward of $1 million, have each had just one sale this year. The Steeplechase sale was a foreclosure and the San Michele sale was well below market value.
In Steeplechase there is one additional home under contract that is a short sale.
In San Michele, there are two additional homes under contract, one short sale and one conventional sale.
Steeplechase is the premiere estate community in Palm Beach Gardens with 324 custom homes each sitting on an acre or more. This provides ample room for backyard pools, tennis courts, landscaped lawns and gardens.
Located in the southern portion of the Gardens off of Northlake Boulevard, Steeplechase is convenient to shopping, restaurants and major roadways. Today there are 16 homes on the market in Steeplechase ranging in price from $624,000 to nearly $3 million.
San Michele is located in the northern part of the Gardens at Hood Road and Central Avenue and is a small enclave of just 90 homes. All are large executive homes, but they are sitting on less than half acre lots. The homes were built by a single developer between 2003 and 2005 yet each has a unique look.
Today there are 12 homes for sale in San Michele ranging in price from $850,000 up to $2,295,000.
The Weiss-Clawson Team has knowledge of most communities in Palm Beach Gardens, including estate communities, country club communities, not gated communities, condos and townhomes. We research sales throughout the area and provide the most up to date information to our clients.
If you are interested in buying or selling a home in Palm Beach Gardens or anywhere in Palm Beach County, we would like to work with you. You can contact The Weiss-Clawson Team directly. We look forward to hearing from you and to working with you.
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