Premium Burg & DiVosta-built home in the Spanish Villa style
featuring a distinctive terracotta roof nestled on an Old Florida
park of mature live oaks, cascias, and other traditional South
Florida plantings, with a meticulous, rolling lawn reminiscent of
the classic British/Scottish golf courses. This rarely
available home features Frank Lloyd Wright inspired renovations,
chic open floor plan that captures our unique Florida
indoor/outdoor lifestyle, screened pool, kitchen upgrades featuring
Caesar stone, butcher block waterfall counters, hand waxed white
pine accent wall, hand stained solid wood, Bosch Suite appliances,
multiple entertainment venues, thoughtful $15,000 + landscape
design by Jupiter Island Landscape, $200,000+ upgrades,
3BR/+Loft/2Bth/2 CG,pool,screen enclosure and more. The Villas of
Bear Lakes Estates is a signature Burg & DiVosta 24-7
gated/attended resort community located in the Villages of Palm
Beach Lakes near the prestigious Bear Lakes Country Club with two
18-hole championship golf courses designed by the legendary Jack
Nicklaus and currently undergoing a $10M renovation, conveniently
located minutes from City Place, Kravis Center for the Performing
Arts, vibrant Clematis Street, world class Norton Museum, The
Breakers Palm Beach, Worth Avenue, Downtown at the Gardens,
fabulous Palm Beach County beaches, Village Commons, Palm Beach
International Airport, Amtrak, I-95 and the Florida Turnpike.
Bear Lakes Country Club.................................6
Minutes Village Commons
Plaza................................... 8 Minutes City
Place...........................................................16
Minutes Kravis
Center.....................................................15
Minutes Norton
Museum................................................16 Minutes
The Breakers Palm Beach................................20
Minutes White Elephant Hotel Palm Beach..................19
Minutes The Mar-A-Lago
Club......................................19 Minutes
Amtrak/Tri Rail/Bright Line...............................15
Minutes Palm Beach International
Airport....................14 Minutes The Villages of Palm
Beach Lakes Property Owners Association maintains Perini, Shiloh,
and Saratoga Parks in the Villages, offering large swimming pools,
kiddie pools, softball fields, lighted tennis courts, racquetball
courts, sand volleyball courts, playgrounds, a jogging trail,
picnic areas, tables, charcoal grills, and the new ''Paws Park'' on
Saratoga Road. Discover the Villages of Palm Beach Lakes with its
unique West Palm resort lifestyle. .. And you'll call it home!
Saratoga Bay is a non-mandatory golf membership community; however,
many homeowners are Golf and Social members at the Bear Lakes
Country Club.
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.
Last updated: 10 days ago (Beaches MLS #B26048969)
Price History
Date / Event
Date
Event
Price
Jul 6, 2026
Listed by Village Realty Group
$774,500
Listed by Village Realty Group
Jun 27, 2020
No longer available
-
No longer available
May 29, 2020
Price Decreased
$459,500
↓ $15K
(3.2%)
Price Decreased
Apr 1, 2020
Listed
$474,500
Listed
Perfect choice in our new world of social distancing lifestyle. Spacious home, comfortable lot size, several home office options extra artist loft and acres of outdoor community space right in the heart of West Palm Beach. Premium Burg & DiVosta home in Old Florida park setting with Frank Lloyd Wright inspired renovations, trendy open floor plan that captures our unique Florida indoor/outdoor lifestyle, heated/screened pool, new $54,000 kitchen upgrade featuring Caesar stone, butcher block waterfall counters, hand waxed white pine accent wall,hand stained solid wood, Bosch Suite appliances, multiple entertainment venues, thoughtful $15,000 + landscape design by Jupiter Island Landscape, $200,000+ upgrades, 3BR/+Loft/2Bth/2 CG,pool,screen enclosure,accordion shutters and more ... The manager has listed the unit size as 1945 square feet.
Mar 8, 2020
No longer available
-
No longer available
Jul 31, 2019
Listed
$474,500
Listed
Premium Burg & DiVosta home in Old Florida park setting with Frank Lloyd Wright inspired renovations, trendy open floor plan that captures our unique Florida indoor/outdoor lifestyle, heated/screened pool, new $54,000 kitchen upgrade featuring Caesar stone, butcher block waterfall counters, hand waxed white pine accent wall,hand stained solid wood, Bosch Suite appliances, multiple entertainment venues, thoughtful $15,000 + landscape design by Jupiter Island Landscape, $200,000+ upgrades, 3BR/+Loft/2Bth/2 CG,pool,screen enclosure,accordion shutters and more within walking distance from the ''Ball Park of the Palm Beaches''-160 acre development that is the new spring-training home of the Washington Nationals and Houston Astros baseball teams. See attached Upgrade and HOA Services List The manager has listed the unit size as 1945 square feet.
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