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The Wall Street Journal

Relative Values: Homes in Private Clubs

By: Candace Jackson
Published: 9/3/2010Source: The Wall Street Journal

PALM BEACH GARDENS, Fla.

 

$995,000

A four-bedroom, four-bathroom home with about 3,800 square feet in the Country Club at Mirasol.

 

DETAILS: Near the clubhouse, the home has a library, golf course view and a swimming pool with a waterfall. The 2,300-acre gated community has more than 1,100 homes divided into 25 villages.

 

CLUB RULES: Golf membership requires a $130,000 initiation fee and $15,000 a year in dues. (Sports members pay $90,000 and $9,975 in dues). That includes access to two golf courses, a spa and fitness center, 15 tennis courts and social events.

 

MEMBERS MEALS: The Grill Room, which is kid-friendly and casual, serves everything from hot dogs to steak.

 

FRIDAY'S FORECAST: Afternoon thunderstorms, high 92.

 

SOURCE: Lynn Feuerman, 561-252-7136, lynn.feuerman@corocoran.com. at Corcoran in Palm Beach.

 

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