Admirals Cove homes: Another listing on Schooner Lane
April 26, 2016 | Richard Sites
Schooner Lane is a short street in Admirals Cove with just 7 homes on it. Another home has come on the market here, and like the neighbor’s house at 107, this one is also listed over $800 per foot.
The home has 7,631 square feet of living space with 5 bedrooms and 6 1/2 baths. Total living space is 9,300 feet. Of course, at these prices the homes have pools and are on the water. I recently wrote about property taxes, and in 2015 they were $27,693 on this home.
There are other fees too like your monthly HOA fee of $621.11 and your mandatory club membership of $150,000 not including annual dues which could easily run into the $25,000 – $30,000 range.
Most homes for sale in Admirals Cove and on the Loxahatchee River sell for about $500-$600 per foot so these list prices are very optimistic. One very impressive house, located right on the Intracoastal, is priced near $9 million and has been on the market for 413 days.
Schooner Lane is right in the heart of Admirals Cove, close to the halfway house on the golf course and the main clubhouse.
Last week, I showed some buyers from the UK homes for sale in Admirals Cove and Frenchman’s Creek. In addition to the homes, they played golf, had lunch and got tours of the facilities. If you are looking at luxury homes or club communities in this area, let me show you the ones that might work best for you. You can reach me directly at 561-762-4073.