Addison Reserve
Neighborhood in Delray Beach, Florida
Palm Beach County 33446
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.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.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.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.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.
Written By
Matt Pallister
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Agents Specializing in this Area
-
Claude Champagne
Claude Champagne
Champagne & Parisi Real Estate
(561) 430-2201
27 Total Sales
1 in Addison Reserve
$305,000 Price
-
Amy Doran
Amy Doran
Responds QuicklyLang Realty - Boynton Beach
(754) 399-3159
99 Total Sales
1 in Addison Reserve
$720,000 Price
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Roberta Lucas
Roberta Lucas
Century 21 LUXE HOMES
(954) 737-3532
59 Total Sales
1 in Addison Reserve
$1,827,000 Price
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Adam Gurewicz
Adam Gurewicz
Compass Florida, LLC
(754) 354-5144
42 Total Sales
2 in Addison Reserve
$440K - $742K Price Range
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Harvey Klaiman
HK
Harvey Klaiman
Responds QuicklyCompass Florida LLC
(561) 599-5759
14 Total Sales
1 in Addison Reserve
$550,000 Price
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Mark Seigerman
MS
Mark Seigerman
Responds QuicklyLuxury Partners Realty
(561) 464-5281
33 Total Sales
1 in Addison Reserve
$749,000 Price
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
- Pre-K to 12th
- Public
- 6th to 8th
- Public
- Pre-K to 5th
- Public
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Transit
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
Addison Reserve Demographics and Home Trends
On average, homes in Addison Reserve, Delray Beach sell after 48 days on the market compared to the national average of 49 days. The median sale price for homes in Addison Reserve, Delray Beach over the last 12 months is $1,585,000, up 10% from the median home sale price over the previous 12 months.
Housing Trends
Median List Price
$1,695,000
Median Sale Price
$1,585,000
Median Single Family Sale Price
$1,595,000
Median Change From 1st List Price
7%
Last 12 months Home Sales
40
Median Home Sale Price YoY Change
10%
Average Price Per Sq Ft
$727
Neighborhood Facts
Number of Homes in Neighborhood
710
Number of Homes for Sale
5
Median Year Built
1998
Months of Supply
1.50
Average Single Family Home Size Sq Ft
3,575
Significantly above the national average
1,933
Median Lot Size Sq Ft
9,583
Distribution of Home Values
Homes for Sale
Homes for Rent
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Average Home Value
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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