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 |
“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
ekalis@boardroompr.com/jcurtiss@boardroompr.com
954-370-8999
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