Community thrives on golf estate
An exclusive property set on a golfing estate in the Cape Winelands ticks the right boxes for those looking for the better things in life. Lea Jacobs reports
SITUATED in a picturesque valley, surrounded by high mountains, in Paarl in the Western Cape, Pearl Valley Golf Estates has much to offer the discerning buyer and golfer.
The estate recently announced the conclusion of a business rescue strategy, which coincides with a significant number of concluded sales within the development. Over R100m worth of sales took place last year and an additional four properties have been sold this year, so far.
The end of the business rescue process has also resulted in new ownership of the estate, which will allow Pearl Valley to continue with business as usual under the successful leadership of general manager Gawie Marx.
“The business rescue process has facilitated the successful restructuring of the company’s affairs to ensure a sustainable longterm existence,” says Marx.
Designed by the legendary golfer Jack Nicklaus and opened in 2003, the course at Pearl Valley Golf Estates was named best new golf course of the year in 2005, third-best golf course in South Africa by Golf Digest in 2011, a five-star experience by Compleat Golfer in 2011 and Best Conditioned Golf Course in the Western Cape by Golf Digest last year. The course has hosted the South African Open three times.
Pearl Valley was opened in November 2001, and comprises a total of 500 properties scattered around the golf course, of which just over 300 have already been developed. Most properties are around 1,200m² in size.
Pam Golding Properties’ 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.
“The estate lies within easy reach of all 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 operates 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 on the banks of the Berg River that can be rented for private functions. Residents also have access to the golf course.”
Pam Golding Properties agent Jordan Greenhalgh, who has been selling property at Pearl Valley since its inception, says around 40% of her sales in the past two years have been to repeat investors in the form of existing residents wishing to downscale after their families have left home, or acquire more space as their families have grown.
“We see it as a hugely positive sign that so many people choose to stay within the estate as their lifestyles and requirements change.
“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.”
Prices range from R2m for a 1,200m² vacant erf, to R5m for smaller homes, and around R9.5m for larger residences, with some top-end properties selling for up to R15m. Lightstone statistics reveal that 25 freehold homes were transferred last year and that the average selling price was R4.696m. A total of two sectional title units changed hands for an average selling price of R1.662m.
The pictured plantation-style home with a unique SpanishAmerican inspired design, is the second largest property on the estate and is being marketed by Pam Golding Properties.
Featuring distinctive custommade fittings, the home is situated on over 3,800m² of land and occupies a prime position overlooking a natural wetland and surrounding farmland, as well as enjoying outstanding views of the Simonsberg Mountains. Greenhalgh says it is unique not only in its size and design style, but also in its atmosphere of rural privacy.
Completed in 2009, the home was designed by Louis Phillips, a well-known architect in the Paarl area who has designed a number of homes on the Pearl Valley Estate. The double storey dwelling offers over 1,440m² of living space, including four en-suite bedrooms on its upper level and a separate guest suite on the ground floor. The home has a number of spacious open-plan living areas, including both formal and informal lounges with excellent indoor/outdoor flow.
Notable design features include large glass windows, solid oak floors and an authentic Mexican fireplace.
a gourmet kitchen, large heated swimming pool, temperature-controlled wine cellar, staff accommodation and two double garages. The extensive gardens include a herb garden, boules court, rose garden and a miniature citrus orchard.
This plantation-style home on the Pearl Valley Golf Estate occupies a consolidated double plot measuring over 3,800m , making it the second-largest single residential property on the estate. The open-plan living areas flow easily to an extensive...