R16m Property for Sale in Pearl Valley

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12 Feb 2013

The second largest residential property on the Pearl Valley Golf Estate, priced at R16 million, has come onto the market exclusively through Pam Golding Properties (PGP), offering an opportunity to buy a consolidated double plot in the secure environment.

This plantation-style home on the Pearl Valley Golf Estate is on a double plot of 3800 square metres, making it the second largest single residential property on the estate. The home is for sale exclusively through Pam Golding Properties, priced at R16 million.

Situated between Paarl and Franschhoek, Pearl Valley was opened in November 2001, and consists of 500 properties around an award-winning golf course, of which over 300 have been developed. Most properties average 1 200 square metres in size, but the home in question is situated on over 3 800 square metres of land.

PGP’s specialist agent, Jordan Greenhalgh, has been selling property at Pearl Valley since its launch and has much knowledge on the estate, as well as having a close business relationship with many of the homeowners. She says 40 percent of her sales in the past two years have been to repeat investors as existing residents wishing to downscale after their families have left, or get more space as their families have grown. She says they see it as a good sign that many people choose to stay in the estate as their lifestyles requirements change and move into homes better suited to their needs.

“It’s also worth noting that a number of Johannesburg and Pretoria-based families have been relocating here in the past few years, drawn by the incomparable lifestyle on offer,” Greenhalgh says. There has been a steady increase in enquiries from international buyers, after three years of little interest from this market segment. She says the estate has developed into a fully matured, close-knit community, dominated by families with children of school-going age, and it is clear that this environment holds far-reaching appeal.

The home’s open-plan living areas flow easily to an extensive covered terrace overlooking a heated swimming pool.

This appeal is reflected in the estate’s sales figures – over R100 million worth of property transactions were registered in 2012. Prices ranged from R2 million for a 1 200 square metre vacant stand, to R5 million for smaller homes and R9.5 million for larger family residences, with some top-end properties selling for up to R15 million (figures include sales across all agencies as well as private sales). Greenhalgh says the current level of enquiries from local and international buyers suggest that this upward trend should continue into 2013.

The PGP mandate located on the double plot is a plantation-style home with a Spanish-American inspired design theme and distinctive custom-made fittings. The home is in a prime position overlooking a natural wetland and surrounding farmland and it has views of the Simonsberg mountains. Greenhalgh says it is unique in its size and design style, as well as in its atmosphere of rural privacy. She says it offers the best of both worlds, as it feels more like a smallholding because of the space and surroundings, and it offers the peace of mind of living in a top class secure estate, with the sense of community and access to leisure facilities which that entails. "There is no possibility of any other properties of this size coming onto the market – it is quite simply a one-of-a-kind home.”

The property occupies a position overlooking a natural wetland and surrounding farmland, as well as having views of the Simonsberg mountains.

The double storey dwelling has 1 440 square metres of living space that includes four en suite bedrooms on its upper level and a separate guest suite on the ground floor. The home has spacious open-plan living areas, including formal and informal lounges with an indoor/outdoor flow. It also has large glass windows, oak floors and a Mexican fireplace. The home offers a gourmet kitchen, heated swimming pool, temperature-controlled wine cellar, staff accommodation and two double garages and the gardens include a herb garden, boules court, rose garden and a miniature citrus orchard.

PGP’s area manager for Paarl and Franschhoek, Surina du Toit, says the Pearl Valley lifestyle is an enviable one, renowned for its central location, extensive amenities and state-of-the-art security. She says residents sleep easily at night knowing they are protected by layers of security, including a CCTV camera network, perimeter protection with anti-burrow radar system, and regular guard-dog patrols. The estate is within easy reach of major amenities including shops, hospitals, Cape Town International Airport, the University of Stellenbosch and a number of top-rated schools. These include the private Bridge House in Franschhoek, which has so many pupils living at Pearl Valley that it has a daily bus service to and from the estate.

Other communal facilities include an on-site spa, restaurant, equestrian centre, tennis courts, hiking and mountain-bike trails, a swimming pool, and a boma alongside the Berg River which can be rented for private functions. "And of course, residents have access to the magnificent Jack Nicklaus-designed golf course, which was named the best conditioned course in the Western Cape in the 2011/2012 Golf Digest Top 100 list – the third consecutive year it has won this accolade.  It is consistently rated one of the five top golf courses in South Africa,” du Toit says.

PGP currently has a wide selection of homes for sale on the Pearl Valley estate, ranging in price from R4.5 million to R22 million.

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