Wonderful neighborhoods and a convenient location in Palm Beach Gardens doesn't have to cost a fortune.
In fact, a two bedroom townhome can be found for under $120,000, or a three bedroom single family home can be purchased for as little as $259,000 in centrally located Lake Catherine.
Located in the center of Palm Beach Gardens just north of Northlake on the west side of MacArthur Boulevard, Lake Catherine is a serene and friendly community of 296 homes in close proximity to restaurants, shopping, and I-95. Yet with six lakes throughout the community, there is an abundance of wildlife and it is a haven for bird watchers.
Built between the late 1980's and early 1990's the community has 200 single family homes and 96 patio homes, all built by Divosta. The smaller patio homes are 1140 square feet under air and all have a large screened patio area. The three bedroom models are about 1550 square feet under air and also boast large screened patios.
In 2009 there were nine homes sold in Lake Catherine, five townhomes and four single family homes. The townhomes averaged $130 per square foot and the single family homes averaged $153 per square foot. Sales in 2009 declined about 25 percent from 2008 but prices declined just six percent for townhomes and nine percent for single family homes compared to 2008, somewhat less than the overall market.
There are rarely loads of Lake Catherine homes for sale, but in early February, 2010 there were seven on the market, five townhomes and two single family homes.
The Weiss-Clawson Team researches most communities in Palm Beach Gardens, and many throughout Palm Beach County, to provide the most up to date information on home sales to our clients. If you are interested in buying or selling a home in Palm Beach Gardens, or throughout Palm Beach County, please contact The Weiss-Clawson Team directly. We look forward to hearing from you and to working with you.
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