Set on a coveted cul-de-sac in the heart of Admirals Cove, 107
Schooner Lane is a rare waterfront and golf course estate offering
extraordinary scale, privacy, and craftsmanship. Built by the
renowned Turtle Construction and recently enhanced with major new
renovations, this impressive residence encompasses approximately
11,200 square feet under air, on an expansive half-acre homesite. A
grand arrival sets the tone, with a stately entrance, full-house
generator, and commanding presence. Perfectly positioned, the home
enjoys serene water inlet views on one side and sweeping golf
course vistas on the other-without sightlines to neighboring homes
or garages, creating a sense of complete seclusion. The interiors
are both expansive and refined, featuring seven generously sized
bedrooms, including two primary suites and a junior suite,
complemented by eight full bathrooms, a half bath, and an
additional powder room. Two private libraries, dual elevators,
including a dedicated elevator serving the primary suite, and
multiple gathering spaces enhance both comfort and functionality.
Designed for elevated living and entertaining, the home offers two
oversized family rooms, upstairs and down, two full bars for indoor
and outdoor enjoyment, and a stunning wine room. Dual chef's
kitchens anchor the home, each featuring 10-foot islands and a
total of four refrigerators, ideal for hosting on any scale. A
whole-house water purification system ensures uncompromising
quality throughout. The estate is offered fully furnished with
all-new, modern contemporary furnishings curated by a top decorator
and sourced from a premier furniture house. Additional highlights
include a state-of-the-art gym and media room, a completely
renovated garage with custom his-and-her cabinetry, and seamless
indoor-outdoor living. Outdoors, a private dock with two slips
provides direct water access, while the home's superior location
places the Admirals Cove clubhouse just a short walk away and A1A
only minutes by car. The property includes a full golf membership,
completing a truly turnkey offering in one of Jupiter's most
prestigious communities. This is luxury living at its finest, where
scale, quality, and location converge.
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Palatial Waterfront Estate Home - with over 11,000 sq ft of living space this home has room for it all. The front of the home overlooks the golf course and the rear view is the interior waterways of prestigious Admirals Cove. Luxury surrounds you as you walk into the grand living room with 24' ceilings and a wide water view. The gourmet kitchen is fit for a true chef with plenty of granite counter space, 2 10' islands w/ farmhouse sinks, custom wood cabinetry, high end appliances and much more. A casual dining room that can accommodate, theater room, 2nd floor loft with pool table, generator, private elevators, summer kitchen with pizza oven, gas cool top for hours of fun out doors. This house was built and remodeled by Turtle Beach Construction and has everything anyone would want. The manager has listed the unit size as 11178 square feet.
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