Palm Beach Gardens, Florida – Old Marsh Golf Club has often been the hidden gem of Northern Palm Beach County club communities. Home to an award winning Pete Dye designed championship golf course, Old Marsh boasts a relaxed lifestyle with low HOA fees. Best of all, this community only has 1/2 acre homesites or larger, so values are protected through a consistency of quality and product among the 180 total properties.
The market has reacted favorably to Old Marsh by recording 16 closed sales in the past year which is equal to the sales there in the prior three years combined. Three of those sales were for more than $2,000,000 and the median sales price was $1,375,000. The highest price sale at Old Marsh within the past year was $2,700,000, and the low was $900,000.
Sellers at Old Marsh should be happy about this recent sales flurry. 10 properties are currently available at Old Marsh which signals a very strong real estate market there with only 6% availability. Call Marotta Realty today at 561-847-5700 if you would like to learn more about Old Marsh Golf Club or other fine area club communities.
Data: Regional Multiple Listing Service, 5-27-13.