Steeplechase

Request Information for Steeplechase
Price Range: $695,000 - $5,000,000
Rental Price Range: N/A
For Rent:
For Sale: 21

Description of Steeplechase

Known locally as Palm Beach Gardens' Premiere Estate Community, Steeplechase has about 320 custom built homes, each sitting on an acre or more of land. It is unique that such large estate homes with sweeping land surrounding them are located in the hear of Palm Beach Gardens. The community is strictly residential with no community center, community pool or tennis courts, although most residents have pools in their back yards and many also have tennis courts. Steeplechase is quite close to several country club communities where annual golf memberships are available. The size of building lots in Steeplechase affords residents the opportunity for backyard privacy and lots of room for family activities. The minimum size home in Steeplechase is 2500 square feet with larger estates measuring more than 7000 square feet (air conditioned). There are several building lots available in Steeplechase starting as low as the $400,000's. The first Steeplechase home was built in the mid 1980's, so in more recent years, buyers have torn down older models and constructed large mansions on the acre+ lots. In January, 2010 there were 19 homes on the market in Steeplechase ranging in price from $599,000 for a small three bedroom, 2.5 bath home on a gorgeous lot to $2,390,000 for a seven bedroom, 5.5 bath refurbished home on a quiet street.

Recent Market Activity -- Home prices in Steeplechase stabilized in the first half of 2012 with sales averaging $190 per square foot, the same average price point for all sales in 2011. Home prices in Steeplechase declined in the first five months of 2011 while sales remain strong. There were six homes sold in Steeplechase through May, 2011 averaging $176 per square foot a decline of 12 percent. However, half of the homes sold were either foreclosures or short sales which continue to put downward pressure on prices. There were 10 homes sold in Steeplechase during 2010, with two of them being tear downs. The 10 homes averaged $200 per square foot, but if you eliminate the two tear downs, the average would be $213/SF. Taking all Steeplechase homes sold in 2010, prices declined about 40 percent from the highest prices of 2006 and 19 percent from 2008. In early 2011 there were 22 homes on the market in Steeplechase, with some very good opportunities for interested buyers. In 2009 there were two homes sold in Steeplechase, one a foreclosure and the other one a tear down. It is difficult to use the standard measure of dollars per square foot to quantify prices in Steeplechase based on non-representative sales in 2009. In 2008 there were nine homes sold in Steeplechase, averaging $246 per square foot, about 26 percent less than the price of homes in 2006, the high point of Steeplechase prices. Steeplechase is located off of Northlake Boulevard west of Military Trail and east of the Turnpike on the south side of the street.

Available Homes For Sale at Steeplechase

1 Bedroom Home

Address
Price
Bed/Baths
Sqft
$sf/$m²
WF/Pool
MLS Number
5222 Desert Vixen Road
$759,000
0 / /
N/A
N/A / N/A
N / N
7763 Bold Lad-( Lot 41)
$735,000
0 / /
N/A
N/A / N/A
N / N
7763 Bold Lad Road
$695,000
0 / /
N/A
N/A / N/A
Y / N

3 Bedroom Homes

Address
Price
Bed/Baths
Sqft
$sf/$m²
WF/Pool
MLS Number
5770 Dixie Belle Road
$819,000
3 / 3 / 1
4,925
$166 / $1,790
N / N

4 Bedroom Homes

Address
Price
Bed/Baths
Sqft
$sf/$m²
WF/Pool
MLS Number
7733 Bold Lad Road
$2,289,000
4 / 4 / 0
6,033
$379 / $4,084
N / N
5663 S High Flyer Road
$1,833,997
4 / 4 / 2
7,304
$251 / $2,703
Y / N
5663 S High Flyer Road
$1,599,888
4 / 3 / 2
7,746
$207 / $2,223
Y / N
5489 Sea Biscuit Road
$1,299,000
4 / 3 / 1
4,744
$274 / $2,947
N / N
7717 Bold Lad Road
$1,275,000
4 / 4 / 0
5,388
$237 / $2,547
N / N
7661 Bold Lad Road
$1,095,000
4 / 4 / 0
5,384
$203 / $2,189
N / N
5561 Whirlaway Road
$1,000,000
4 / 3 / 1
4,226
$237 / $2,547
N / N
8203 Forego Road
$859,000
4 / 3 / 1
5,225
$164 / $1,770
N / N

5 Bedroom Homes

Address
Price
Bed/Baths
Sqft
$sf/$m²
WF/Pool
MLS Number
7744 Bold Lad Road
$2,795,000
5 / 6 / 2
9,375
$298 / $3,209
N / N
5775 Lady Luck Road
$2,495,000
5 / 5 / 2
6,896
$362 / $3,895
N / N
5717 S Native Dancer Road
$1,579,000
5 / 4 / 1
6,220
$254 / $2,733
N / N
8667 Steeplechase Drive
$1,349,900
5 / 4 / 1
6,197
$218 / $2,345
Y / N
8369 Man O War Road
$1,050,000
5 / 4 / 0
4,958
$212 / $2,280
N / N
7693 Steeplechase Drive
$950,000
5 / 5 / 0
7,031
$135 / $1,454
N / N
8374 Man O War Road
$899,000
5 / 4 / 0
4,980
$181 / $1,943
Y / N

6 Bedroom Homes

Address
Price
Bed/Baths
Sqft
$sf/$m²
WF/Pool
MLS Number
5435 Sea Biscuit Rd Road
$5,000,000
6 / 6 / 1
16,000
$312 / $3,364
N / N
7816 Steeplechase Drive
$2,999,000
6 / 8 / 1
15,432
$194 / $2,092
Y / N

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