Laura Cole & Tana Gaskill
561.758.8625 561.389.6838
Newsletter June, 2016
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June and the weather is still glorious! Few afternoon storms and the heat and humidity are still not oppressive. It is easy to get tee and court time, no traffic and the full timers are enjoying a slower pace.
We are truly blessed with the breathtaking variety of our landscaping here. Read our special article on the Royal Poinciana tree in this issue. How wonderful to learn a bit more about the incredible beauty around us!
And of course, keep up with Real Estate Trends and property news from BallenIsles sales overview and Featured Property section..
Have fun you all!
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Featured Property
135 Pembroke Drive
This glorious 4 bedroom plus library home enjoys breathtaking, wrap around water views, has huge curb appeal and sits on a wide end lot. Enter into the elegant foyer and see right through to the lake. Saturnia marble floors with detail inlays, elegant formal dining room, crown molding and grand living spaces impress immediately. The outdoor space with awesome long lake views, exceptionally large pool and spa, and summer kitchen with large grill, sink and refrigerator, is the jewel in the crown of this home. The library/bedroom 5 has a warm wood floor and custom built-in bookcases The Master suite features a lovely seating area and an extra large his/her outfitted closet. The marble Master bath has a gigantic spa tub, dual sinks, separate vanity area. The gourmet kitchen features a breakfast bar, granite counter tops, wood cabinetry, Viking 6 burner stove, a large walk-in pantry, panel fronted refrigerator, stainless steel dishwasher and casual breakfast dining area. Upstairs is a large loft with 3 additional guest bedrooms and 2 full baths. Additional features include a cabana half bath, three car garage, panel hurricane shutters and one new A/C. Bring your own current BallenIsles membership or purchase minimum Tennis membership.
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Flora of BallenIsles
The Royal Poinciana Tree
Blooming May through June with the most spectacular display, these graceful trees are breathtaking. The Royal Poinciana is noted for its fern-like leaves and flamboyant display of flowers. In many tropical parts of the world it is grown as an ornamental tree and in English it is given the name Royal Poinciana or Flamboyant. It is also one of several trees known as Flame tree.
The Royal Poinciana is widely cultivated and common sight in South Florida and a particularly treasured tree in BallenIsles. In addition to its ornamental value, it is also a useful shade tree in tropical conditions, because it usually grows to a modest height, spreads widely, and its dense foliage provides full shade. In areas with a marked dry season, it sheds its leaves during the drought, but in other areas it is virtually evergreen.
The flowers are large, with four spreading scarlet or orange-red petals up and a fifth upright petal called the standard, which is slightly larger and spotted with yellow and white. Seed pods are dark brown and can be large but the individual seeds, however, are small. The compound leaves have a feathery appearance and are a characteristic light, bright green.
Why they are loved!
●Excellent shade tree
●Little to no maintenance
●Container friendly
●Wildlife attractant
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REAL ESTATE TRENDS
Stong performance generates demand! As the BallenIsles Real Estate market nears the end of its peak selling season, it is easy to be confident in our community's vitality. However, there are some worrisome signs. Inventory is incredibly low at just 56 properties for sale. Prices have flattened out after last year's encouraging rise and days on the market appears to be lengthening. That said, we feel bullish that after the November election buyers will feel more settled and return to the South Florida market. BallenIsles boasts a luxurious lifestyle and first class amenities catering to all interests. It is a winning combination!
Call us! We can make your Real Estate dreams a reality.
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ADDRESS
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BR
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BA
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SOLD $
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ORIG. $
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SOLD DATE
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MKT TIME
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54 LAGUNA TERRACE
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3
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3.0
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$465,000
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$519,000
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01/08/2016
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261
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244 CORAL CAY TERRACE
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3
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3.0
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$344,500
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$385,000
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01/14/2016
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41
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104 SUNSET BAY DRIVE
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2
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2.0
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$350,000
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NON-MLS
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01/27/2016
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11 LAGUNA TERRACE
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3
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3.0
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$525,000
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$599,000
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01/29/2016
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220
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139 WINDWARD DRIVE
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3
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2.5
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$470,000
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$499,000
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02/01/2016
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14
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40 SOMERSET TERRACE
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4
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4.5
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$950,000
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$995,000
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02/04/2016
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1
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113 PEMBROKE DRIVE
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3
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3.5
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$817,500
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$829,000
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02/08/2016
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11
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117D PALM BAY DRIVE
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3
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3.0
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$486,501
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$515,000
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02/09/2016
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47
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71 SAINT JAMES TERRACE
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4
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4.5
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$955,000
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$1,059,000
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02/12/2016
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5
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116A PALM POINT CIRCLE
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3
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2.0
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$305,000
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$350,000
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02/15/2016
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75
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40 BERMUDA LAKE DRIVE
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4
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4.0
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$650,000
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$749,000
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02/16/2016
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250
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162 WINDWARD DRIVE
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3
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5.5
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$525,000
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$629,000
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02/19/2016
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385
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144 ORCHID CAY CIRCLE
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3
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3.0
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$649,000
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$600,000
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02/24/2016
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9
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116 ST EDWARD PLACE
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4
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4.5
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$1,600,000
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$1,850,000
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02/25/2016
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122
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107 BANYAN ISLE DRIVE
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3
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3.5
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$600,000
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$711,000
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02/25/2016
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73
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116 SUNSET COVE LANE
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4
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3.0
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$385,000
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$429,000
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03/01/2016
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126
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102B PALM POINT CIRCLE
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2
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2.5
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$225,000
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$330,000
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03/14/2016
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245
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107 SAN MARCO DRIVE
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3
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3.0
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$796,500
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$799,000
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03/31/2016
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6
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115B PALM BAY DRIVE
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2
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2.0
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$360,000
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$395,000
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04/07/2016
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100
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130 PEMBROKE DRIVE
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3
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4.0
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$730,000
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$749,000
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04/08/2016
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10
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44 ST THOMAS DRIVE
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4
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6.5
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$1,118,000
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$944,500
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04/11/2016
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19
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102A PALM BAY CIRCLE
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2
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2.0
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$255,000
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$348,800
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04/20/2016
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315
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159 VINTAGEISLE LANE
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5
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6.5
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$1,300,000
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$1,499,000
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04/20/2016
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79
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1043 GRAND ISLE TERRACE
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4
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5.5
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$875,000
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$1,250,000
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04/22/2016
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49
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36 LAGUNA TERRACE
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3
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3.0
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$600,000
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$599,000
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05/02/2016
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121
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57 SAINT JAMES DRIVE
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3
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3.5
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$1,400,000
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$1,550,000
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05/17/2016
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338
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316 SUNSET BAY LANE
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3
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2.5
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$342,000
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$350,000
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05/20/2016
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136
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145 BANYAN ISLE DRIVE
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3
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3.5
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$650,000
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$775,000
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05/20/2016
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324
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330 SUNSET BAY LANE
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3
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2.5
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$260,000
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$305,000
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05/31/2016
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321
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*This representation is based on data supplied by the Realtors Association of the Palm Beaches or its Multiple Listing Services thru 06/06/2016.
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