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DELRAY BEACH — Delray Beach will soon see an infusion of new luxury homes in an exclusive gated community just north of the buzzing nightlife on Atlantic Avenue along Swinton Avenue, creating a development that will be the first of its kind in the eastern part of the city.
The new private community, Delray Ridge, will feature 14 homes on more than 5 acres of land at 2201, 2275, and 2315 N. Swinton Ave., less than two miles north of Atlantic Avenue. Pre-construction prices on the luxury homes from Ellish Builders begin at $3.25 million.
While Delray Beach has properties at that price range east of Interstate 95, there are no gated communities offering homes at that value. Delray Ridge would be just the third gated community in the eastern portion of the city, joining The Estuary by Palm Trail and Delray Lakes.
Blake Morris, a realtor for The Morris Group at Lang Realty who specializes in luxury homes in Boca Raton and Delray Beach, said those factors make it an extremely unique project.
“Being East and gated in Delray, I do think is going to have a draw because that really doesn’t exist,” Morris said.
“These beautiful communities like [the nearby] Lake Ida — those are very expensive neighborhoods, but they’re just regular neighborhoods. Anyone can walk down there, ride their bike. So I think that will be a tremendous draw.”
The southern migration has created a demand for luxury properties in Palm Beach County, including Delray Beach. Just south of Linton Boulevard, by the beach, 33 brand-new luxury condos are in development and selling for between $3.9 million and $7.5 million.
Creating home developments in Delray Beach has been a challenge, however, since more than 98% of the city is already built out, according to city documents. Ellish Builders acquired three adjoining parcels to form Delray Ridge.
“There are every few [connected] tracts of land that offer that size of property,” Delray Beach Mayor Shelly Petrolia said. “Since we’re so built out, it’s difficult to find a spot that offers that opportunity in and around that area.
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“To have aggregated three different properties and to be able to do this is unusual in that it’s not really an opportunity that exists anywhere else in the eastern area.”
At Delray Ridge, the homes will range between 4,700 to 5,100 square feet and feature more than four bedrooms and four bathrooms, depending on the model. Buyers will also have the opportunity to add a basement in the residences, creating a “unique” opportunity, Ellish Builders President and CEO Ron Ellish said.
“A lot of our buyers come from up north and a lot of the families are used to having a basement, and we just thought it would be very unique that people could have something they could really enjoy,“ Ellish said. “And it’s something that doesn’t exist [in Delray Beach].”
Construction is expected to commence later this year with homes likely being available by the end of 2023 or the beginning of 2024, Ellish said.