Over the past 12 months the number of homes for sale in our Coconut Grove gated communities has been slowly declining. Many homes have sold and there have been very few to hit the market. One of the surprising facts you will notice as you review my notes below is that the starting price points for many of these communities now begins at $3,000,000 or higher. For example, the lowest priced home in The Moorings (one of Coconut Grove’s largest gated communities) is my listing at 3431 North Moorings Way offered at $3,995,000. This higher entry level means that if you are looking for a home in a Coconut Grove gated community priced under $3,000,000 you are currently limited to Entrada Estates, Four Way Lodge Estates and Bay View Villas.
Market Update Of Coconut Grove Gated Communities
There is currently 1 property for sale in Ye Little Wood, it is a 12,050 square foot piece of land listed for $1,130,000 by The Huttoe Group. There have been 2 sales in the past 12 months: 3848 Little Avenue closed for $1,130,000 and 3810 Wood Avenue closed for $1,630,000 (sold by The Riley Smith Group).
There is currently just 1 property for sale in Camp Biscayne, it is waterfront estate listed for $14,900,000 by Rex Hamilton. There have been 3 sales in the past 12 months: 3130 Munroe Drive closed for $1,050,000, 3503 Wildwood Circle closed for $1,820,000 and 3506 Main Lodge Drive closed for $2,200,000 (sold by The Riley Smith Group).
There are 2 single family homes for sale in Entrada Estates. First is an exquisite waterfront home at 3645 Stewart Avenue offered at $3,990,000 by The Riley Smith Group. Second is 3600 Stewart Avenue, a Mediterranean style villa listed for $1,890,000 by Luxe Properties. There is also one piece of land available for sale in Entrada Estates, it is listed for $2,000,000 by Luxe Properties. There have been 2 homes sold in Entrada Estates over the past 12 months: 3591 Stewart Avenue which was a waterfront lot which traded for $1,825,000 and 3632 Stewart Avenue which sold for $2,650,000.
There are 3 single family homes for sale in Four Way Lodge Estates. First is an architecturally distinctive home located at 3451 Poinciana Avenue offered at $1,650,000 by The Riley Smith Group. Second is 3430 Poinciana Avenue offered at $1,899,000 by Elena Kemper of EWM Realty. Third is 3410 Poinciana Avenue which is a large estate on over 35,000 square feet of land listed for $6,395,000 by Coldwell Banker. There has been 1 sale in the past 12 months: 3403 Poinciana Avenue sold for $1,525,000.
There are no homes for sale in Treasure Trove and there have been no sales in the past 12 months.
There are no homes for sale in DeGarmo Estates and there have been no sales in the past 12 months.
There are currently 4 homes for sale in The Moorings. First is 3431 North Moorings Way, which is a spectacular estate offered at $3,995,000 by The Riley Smith Group. Other listings in The Moorings include 3835 North Moorings Court offered at $5,999,000 by One Sothebys, 3305 South Moorings Way offered at $8,900,000 by Avatar and 3467 North Moorings Way offered at $8,950,000 by Century 21. There have been 5 homes sold in the past 12 months in The Moorings. These have ranged in price from $1,750,000 to $2,900,000.
There are currently 2 homes for sale in Hughes Cove. First is 3316 Devon Court offered at $12,000,000 by Boggio and Associates, and second is 3310 Devon Court offered at $11,400,000 by One Sotheby’s. There has been 1 sale in Hughes Cove in the past 12 months, 3314 Devon Court sold for $3,950,000.
There is currently just 1 home for sale in The Anchorage. 3501 Anchorage Way is listed for $6,995,000 by The Bluntzer Group. There have been no sales in the past 12 months in The Anchorage.
There is currently just 1 home for sale in Bayview Villas. 2449 South Bayshore Drive is listed for $1,480,000 by Carole Smith of EWM. There have been no sales in the past 12 months in Bayview Villas.
There are currently no homes for sale in Bayshore Villas. There has been 1 sale in the past 12 months: 3528 Bayshore Villas Drive closed for $4,150,000.
Interested in buying or selling a home in one of Coconut Grove’s exclusive gated communities? I am the #1 Top Producing Realtor in Coconut Grove and would love the opportunity to work with you. I can be reached anytime on my cell phone at 305-342-1623 or by filling out a contact form here.