Ironhorse

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Description of Ironhorse

Ironhorse is a small, intimate country club community nestled against the Loxahatchee Nature Preserve. It is a private, gated community, with 324 homes ranging in size from 1,700 square feet to over 5,000 square feet (air conditioned). The homes sit on lots that range from less than ¼ acre to over ½ acre. with many homes backing on to the picturesque Arthur Hills golf course or the nature preserve, providing relaxing and panoramic views from the lanai. There are both one and two story homes in Ironhorse with a good mix of both year 'round and seasonal residents. Unlike many similar communities, membership in the country club is not required. But it is the best deal in town. Equity memberships were eliminated in early 2010 when the club was sold to a private individual. Built between 1992 and 2004, Ironhorse homes are priced from the low $200,000s to over $1,000,000.

Recent Market Activity -- Ironhorse home prices began to rebound by mid-year 2012, with homes priced under $400,000 increasing to $122 per square foot from $118/SF in 2011, and those priced above $400,000 increasing to $168/SF in mid-2012 from $154/SF in 2011. As with most country club communities, Ironhorse home values took a hit in in 2010 declining 19 per cent from 2008 through the end of 2010. In 2010 there were 21 homes sold in Ironhorse averaging $139 per square foot. In 2009 there were 11 homes sold averaging $158/SF. And in 2008 13 homes sold averaging $172 per square foot. Ironhorse is located in the northern part of West Palm Beach adjacent to Palm Beach Gardens, about 3 miles west of I-95 and just south of the Beeline Highway.

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