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Addison Reserve

Addison Reserve

Neighborhood in Delray Beach, Florida

Palm Beach County 33446

$1,967,114 Average Value
$691 Average Price per Sq Ft
7 Homes For Sale

Addison Reserve offers upscale, private living in Delray Beach

The private, gated community of Addison Reserve in Delray Beach elevates the experience of upscale living with stunning Mediterranean architecture, lush landscaping and 27 holes of golf among its resort-style amenities. Platinum Clubs of America ranks Addison Reserve in the top 5 of best U.S. country clubs. “It’s a little smaller and more boutique than some of the communities in the area, and a little more exclusive,” says Dawn Elias of Coldwell Banker, who recently sold a home there. “It’s all single-family homes, and it has an amazing golf course.” The community is designed to meet its residents’ every want, and its proximity to shopping and schools provides for every need.

Spanish Mediterranean homes feature stunning golf course, waterfront views

The community features a little more than 700 single-family homes with a variety of golf course and waterfront views -- each one with a pool. The homes stand out for their decorative facades, brick driveways and terra cotta roofs, all signatures of the Spanish Mediterranean motif. Towering palms and other native trees complement the custom landscaping, a combination that adds curb appeal to the community’s walkable streets. Prices typically range from around $1 million to $3 million-plus. HOA fees range from the mid-$300s to the mid-$500s. Homebuyers should be aware that a one-time golf membership fee is due upon closing: $325,000 for a full membership or $200,000 for partial. Yearly dues are about $42,000 and $29,000, respectively. “It’s one of the most expensive clubs in the area,” says Wendy Pressner of Signature International Premier Properties. “I have customers who want to buy there, but they can’t find a home.” Because of the community’s inland location, flooding is not a concern. However, it’s close enough to the coast that wind damage is a risk during hurricane season. Insurance rates reflect that.

Three 9-hole layouts wind their way through water, sand and trees

The golf course, which is actually three 9-hole layouts, was recently redesigned by famed golf course architect Rees Jones. Named Redemption, Salvation and Trepidation, they range from 3,200-plus to 3,400-plus yards and feature a fun but challenging series of sand traps and water hazards flanked by mature trees. The courses host competitive tournaments and social events. The active community also offers plenty of racquet sports opportunities, with nine tennis courts and eight pickleball courts. Other featured amenities include a pool with designated adult and children’s areas, a 15,000-square-foot fitness center with licensed trainers and therapists and a spa that offers manicures, pedicures, massages and facials. Morikami Museum and Japanese Gardens is adjacent to the community. The popular cultural attraction offers a relaxing lakeside environment where visitors can enjoy rotating exhibitions, workshops and theater productions. The Delray Equestrian Center offers boarding, training and riding lessons. Boaters, beachgoers and anglers can take advantage of the attractions along the Atlantic oceanfront less than 8 miles away.

Residents can dine at several restaurants in the community

Residents don’t have to leave the community to enjoy dining experiences that range from casual to upscale to exclusive. The Grill offers a relaxed atmosphere where patrons can dine poolside. A popular gathering place is the oddly named stYr, which offers lighter fare and cocktails with live music on the weekends. Taste is a signature destination known for its steak and seafood dishes. The Vault offers an Old Italy-inspired setting in which an executive chef prepares exclusive meals paired with selected wines. For home-cooked meals and other essentials, a Publix is located just outside the community at Addison Centre. Big-box retailers can be found at shopping centers along nearby commercial corridors Linton Road and Atlantic Avenue. Downtown Delray Beach, a charming district of boutique shops and contemporary restaurants, is about an 8-mile drive down Atlantic Avenue.

Public schools are A-rated

Younger students can attend Calusa Elementary School, which earns an A from Niche, and Omni Middle School, which earns an A-minus. Older students can attend Spanish River Community High School, one of the few Palm Beach County public schools that earns an A-plus. Spanish River High is a Cambridge International school that features academy programs in biotechnology, entrepreneurship and law. The nearby American Heritage School Boca/Delray campus offers a pre-K-12 private option.

Florida's Turnpike provides convenient regional travel

Florida’s Turnpike is easily accessible from the car-dependent community, providing convenient travel to nearby Boca Raton and other regional destinations such as West Palm Beach. All the major cities along the coast are connected by Interstate 95, which is about 5 miles from the neighborhood. Residents can catch the train for work commutes at the Delray Beach station just off I-95. Delray Medical Center is less than a 3-mile drive from the community. Palm Beach International Airport is about a 25-mile drive.The community’s CAP index score of 1-out-of-10 signifies a safe area with the lowest possible crime rate.

Matt Pallister
Written By
Matt Pallister

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Claude Champagne, an experienced agent in this neighborhood.

Transit

Airport

Palm Beach International

40 min drive

Crime and Safety

1 - Low Crime, 10 - High Crime Addison Reserve US
Homicide 3 4
Sexual Assault 1 4
Assault with Weapon 1 4
Robbery 1 4
Burglary 2 4
Motor Vehicle Theft 1 4
Larceny 1 4
Crime Score 1 4

Source: WhatIsMyCrimeRisk.com

Demographics and Home Trends

Home Trends

Median Price (12 Mo)
$1,572,500
Median Single Family Price
$1,575,000
Average Price Per Sq Ft
$691
Number of Homes for Sale
7
Last 12 months Home Sales
38
Months of Supply
2.20
Median List Price
$1,685,000
Median Discount From 1st List Price
7%
Median Home Sale Price YoY Change
8%

Home Facts

Number of Homes in Neighborhood
710
Median Year Built
1998
Avg. Single Family Home Size Sq Ft
3,571
Significantly above the national average
1,935
Median Lot Size Sq Ft
9,583

Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Claude Champagne, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Demographics

Total Population
1,259
Median Age
71
Population under 18
9.4%
Below the national average
23.8%
Population over 65
62.3%
Significantly above the national average
19.1%

Finances

Median Household Income
$193,749
Significantly above the national average
$71,702
Average Household Income
$199,694

Education and Workforce

High School Graduates
99.6%
College Graduates
74.2%
Significantly above the national average
34.1%
Advanced Degrees
37.7%
% Population in Labor Force
28.9%
Significantly below the national average
65.1%

Area Factors

Somewhat Bikeable

Bike Score®

30 / 100

Car-Dependent

Walk Score®

19 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Addison Reserve