Saturday, July 1, 2017

Illustrated Properties Arranges Sale of Former Bonnette Hunt Club Site in Palm Beach Gardens, FL to Major Developer; Platinum Top Producer Lynn B. Telling facilitates transaction

Lynn B. Telling

 PALM BEACH GARDENS, FL – Illustrated Properties, a member of The Keyes Family of Companies, has announced the sale of more than seven acres – including the former site of the famed Bonnette Hunt Club – in Palm Beach Gardens.

Lynn B. Telling, a Platinum Top Producer and Luxury Specialist with Illustrated, arranged the sale to Parkwood Distinctive Homes and was also the listing agent on the transaction.

A leading national homebuilder, Parkwood plans to develop up to 28 single-family homes starting at 2,400 square feet under air. 

The homes are expected to be priced between $500,000 and $800,000. Parkwood, which plans to unveil additional project details in the coming months, aims to complete the homes by summer 2018.

The $2.55 million sale of the 5307 and 5309 Hood Road site to Parkwood closed on Friday, June 16.

Started by retired Navy warrant officer William Bonnette in 1961, the Bonnette Hunt Club was a popular hangout for celebrities, millionaires, foreign dignitaries and the Palm Beach elite.

Regulars included Burt Reynolds, Bing Crosby, Jack Nicklaus, Jordan’s King Hussein and former Florida governors Lawton Chiles and Claude Kirk, Jr.

The partnership that sold the site to Parkwood includes Bonnette’s daughter Alix Dummett and Major C. Fussell, whose involvement with the club dates back to its early days.

Mike Pappas
“We congratulate Lynn Telling and the team at Illustrated for completing this sale to a developer we know will create a beautiful new community while respecting the rich history of this site,” said Keyes CEO Mike Pappas.

 “This is truly a gem located in the heart of Palm Beach Gardens. The proximity to Scripps Research Institute and the newly constructed United Technologies campus and other major employment hubs will certainly drive interest in the new homes.”

A member of the Bonnette Hunt Club since 2005, Telling has deep personal ties to the club and surrounding community. Her son received his final merit badge at the site on his way to becoming an Eagle Scout.

“I feel that each transaction in a community deserves commitment and follow-through in a changing real estate market using the latest technology without minimizing personal counsel,” said Telling. “Parkwood Distinctive Homes deserves the level of attention that we provide to cultivate the roots, growth and needs of the community. We look forward to continuing to work with Parkwood.” 

For a complete copy of the company’s news release, please contact:
Eric Kalis or Jasmin Curtiss, BoardroomPR


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