Snapper Creek Lakes Category

Snapper Creek Lakes Market Update

Category: Coral Gables Real Estate, Market Updates, Snapper Creek Lakes and posted on November 24th, 2010

Active Listings in Snapper Creek Lakes

Active Listings in Snapper Creek Lakes

Snapper Creek Lakes

One of the most beautiful gated neighborhoods anywhere, Snapper Creek Lakes is situated in the southern part of Coral Gables just off of Old Cutler Road.

Homes for sale in Snapper Creek Lakes

10900 Snapper Creek Lakes Homes for sale in Snapper Creek Lakes Coral Gables

10900 Snapper Creek Lakes in Coral Gables, Florida

Currently there are 13 homes for sale ranging in price from $1.625 million to $10,999,000.I recently toured one of the most beautiful homes in the neighborhood, 10900 Lakeside Drive. It’s a six bedroom, six bath, 2 half-bath estate with a guest cottage located on Elbow Lake. This ‘British Bermuda’ home is situated on 1.5 beautiful acres acres filled with mature oaks, staghorn ferns, palms and orchids – it’s an incredibly lush setting.  The home features a master suite with it’s own sitting room, ample closets and bathroom with outstanding lake views. There is a separate children’s wing with three bedrooms and a separate sitting area or playrooom. The main part of the home features breathtaking views of the lake and property from the beautiful large windows situated throughout. There is a formal living room, family room, den/library, formal dining area, butler’s pantry, and a breakfast room. If you can afford it, this is a home not to be missed. The asking price is $4,850,000.

Recent Sales in Snapper Creek Lakes

After an entire year with no sales in 2009 and a fairly drastic increase in inventory, 6 homes have sold in 2010 and 2 homes are currently under contract. The average price-per-square foot for the homes that sold so far this year is $400/sq ft for non-waterfront homes. The only waterfront home to sell went for $423/sq ft. Although square footage is usually the way that most of us in real estate tend to price homes, we are seeing a huge variety of what customers are willing to pay to get into this highly desirable neighborhood. One home, for example, recently sold for $1,500,000 – the lowest price on record in the past 5 years in the MLS for Snapper Creek Lakes. This was by far the smallest home of those that sold, however, and the sold price-per-square foot was $454.

posted by // Leave A Comment