A Stellar Season Of Sales Awaits...
We want to wish everyone a very warm welcome everyone back to our wonderful John’s Island Club. We hope that you’ve had a wonderful summer filled with family, friends, fun, and travel and are looking forward to the exciting season ahead. To that end, the Major Golf, Racquets and Mallets calendars have been published and there are plenty of great events this season to get excited about. There is also a new Island Pickleball League being organized that is sure to bring out all of the pickle players and enthusiasts.
On the real estate front, Q3 was a bit busier that usual, with Q3 sales ahead of where they were at the same point last year - indicating continued strong demand for our exceptional community. Additionally our average price per square foot of $1,294 is at a high, well above our local peers. Speaking of real estate numbers, we did a deep dive into how the values of John’s Island have performed over time compared to peers. We looked at the three other gated club communities on the barrier island in 32963 and analyzed values from pre-Covid in 2019 to Q3 of 2024 ...and what we found should excite fellow JI property owners.
John’s Island saw a staggering price appreciation of over 220% for single family homes and 202% for condominiums. This is compared to a nationwide average of 162%, according to the National Association of Realtors data. John’s Island has the highest average sale price compared to our local peer communities, which is an incredible 25% higher than the next closest. We also have realized the highest absolute property sale price
of our peer communities at $22± million versus a high of $8.4 million from the next closest community. All of this has been acheived in our gates without these properties being advertised on the MLS.
There are many reasons one could point to for this price appreciation - including our amazing Club, amenities, and our incomparable membership - but what is unique and seems to be a leading driver, is that John’s Island Real Estate is located within the gates of the community. Our agents live on site and we are 100% focused on only representing clients and properties within John’s Island. All other peer groups, who did not perform as strongly as JIRE participate in the MLS, do not have agents who all reside inside the gates, and do not have the 250± combined years of experience that our team has.
As we are dedicated to only John’s Island, our firm has historically been involved in 95% of the transactions on our sunny isle. Coupled with our proven sales process, this has allowed our owners to achieve significant price appreciation compared to our local peer country club communities and much better than the national average.
We look forward to welcoming you back as you settle into fall in JI.
Bob Gibb : Owner/Broker
The John’s Island Real Estate team overdelivered in every way. Patience and an understanding of what we were trying to accomplish overlayed with comprehensive understanding of a unique market was a recipe for success.
- R. Mahland
We are delighted to welcome Nan Vandervelde to the John’s Island Real Estate Company. As a devoted resident, active Club member, and seasoned real estate professional, she brings both a deep love for JI and extensive experience to her new role. Nan’s diverse career includes roles as a Sales Associate and principal of a residential redevelopment firm, specializing in luxury markets. Please join us in a warm welcome to Nan as she begins this new chapter with us.
On The Cover : Newly listed, the exquisite and freshly completed 221 Sandpiper Point is poised on the Sound and features a fusion of breathtaking architectural features and luxurious resort-style living.
TALK Shop
INDUSTRY INSIGHTS & OPINIONS
Each quarter, we’ll dive into key findings - and more importantly, what they mean. Numbers aren’t just stats; they’re our compass, guiding us in how we serve our clients best. They help us adapt to changes in the market so we can always offer top-notch service with the most in-depth information and anticipate needs to optimize results.
Real estate in John’s Island is poised for another strong year with sales totaling $308,528,400 through Q3 of 2024. This represents an increase from $285,455,693 during the same period last year. The average sales price has also risen, reaching $4,570,047 in 2024 compared to $4,240,155 in 2023.
There was a slight increase in listed properties within the community with 1.74% of JI currently for sale as compared to 1.66% in 2023. All of this points to the continued strength of real estate in John’s Island and the demand for the world-class lifestyle that our Club provides.
Throughout the year buyers have continued to show a willingness to pay premium prices for property that is newer construction or recently updated properties crafted with current style in mind, while older homes in need of renovations tend to spend more time on the market and sell at a discount.
The number of sales across most property categories has remained rather consistent between 2023 and 2024, with the exception of 11 fewer condominium sales this year. We attribute this decline to a reduction in condo inventory rather than a shift in buyer tastes or preferences.
Make Sales Happen
We’ve been part of 94% of sales transactions within John’s Island since 2019
Annual Sales
Q1 to Q3 YTD Comparison
YTD Closed & Under Contract (as of 10/1/24)
• MARKET VELOCITY
KEY TAKEAWAYS
• INTEREST RATES
The local real estate market outside the gates has slowed with increased inventory, longer days on market and lower sale-tolist pricing. John’s Island’s market remains robust, even with record high average sale prices and near historic low levels of inventory.
• ELECTION PROJECTIONS
Based on extensive experience through many election cycles, we’ve seen how our market typically reacts. It tends to cause activity to slow as buyers and sellers cautiously await and evaluate the outcome, with the market usually picking back up again after the inauguration.
The 50-basis point rate cut was a welcome sign for homebuyers and seemed to spur additional activity in JI during a normally slow September. Buyers and sellers anxiously await the next move from the Fed in November, that could further spawn activity in our market.
• STATUS QUO
While much has been made of the recent NAR lawsuit in the media, the aftermath has seen our market operate in much the same manner as before, with similar results.
1.74 %
percent of homes currently listed for sale in John’s Island
201,378 unique engagements of listing page on website to date this year.
50%
increase in properties placed under contract between Q3 ‘23 to ‘24
637x print & digital advertising insertions worldwide YTD*
120% price appreciation of homes from 2019 to 2024 in John’s Island
Property Type Trends
121 charitable interests and organizations supported by JIRE this year
73%
increase in JIRE website session duration from Q3 2023
Showing
Enjoy this selection of current listings and trends, but be sure to check our website for up-to -the minute updates and new properties.
An upward trend in popularity of Island House studios, especially with ocean views
Homes in the $4-7 million range are keenly sought after, and our riverfront property continues to be very appealing
Updated condominiums are gaining traction - rarely available units like 1150 Beach Road #3M, which went under contract the same day offered
850 BEACH ROAD #379 : NEW!
Expansive 2,350± SF : 3BR/3.5BA Oceanfront : Updated & Luxe Details : Pool
$4,995,000
117 SILVER MOSS DRIVE :
Rare Layout : 3BR/3BA : 2,180± GSF : Light & Bright Interiors : Room To Expand Terrace
$2,750,000
120 COCONUT PALM ROAD
Recent Build : 5BR/5.5BA : Soundfront Airy Interiors : VIP Guest Area : 7,473± GSF
$11,000,000
380 INDIAN HARBOR ROAD
New Build, Coming Soon : 5BR/5.5BA : Fairway & Water Views : 5,221± GSF : .43 Acres
$8,500,000
850 BEACH ROAD #278 : NEW!
Enticing Kitchen : 3BR/3.5BA : Oceanfront
Custom Millwork : Pool & Sea Views : 2,250± SF
$4,795,000
750 BEACH ROAD #102
Walk Out to Beach : 2BR/2BA : 1,500± SF
Custom Millwork & Interior : Multiple Exposures
$2,450,000
630 OCEAN ROAD
Oceanfront : 1.31± Sprawling Acres : Homesite Close To Key Amenities : Epic Sea Frontage
$11,500,000
41 SAGO PALM ROAD
Newly Developed : 1.46± Acres : Riverfront Brand New Dock : Build Up to 7,000± GSF
$7,000,000
900 BEACH ROAD #283
Beautifully Renovated : 2BR+Library : Seafront Gorgeous Details : Open Kitchen : 2,250± SF
$4,700,000
600 BEACH ROAD #239
Oceanfront : Gorgeously Updated : 1,825± SF
3BR/2BA : Ideal Location : Fresh Finishes
$2,450,000
FRESH FEATURES
540 SEA OAK DRIVE
NEW CONSTRUCTION
Newly Complete : 4BR+Office/5.5BA
48± Acres : 6,205± GSF : North Course
Ideal Indoor/Outdoor Living : Pool & Spa
$7,950,000
NEW! Indulge in striking and exceptional indoor/ outdoor living in this 4BR/5.5BA new build along the 6th fairway of the North Course. Views abound through every inch of the 6,205± GSF home, where the thoughtful layout centers around a large courtyard pool with deck and spa. Steps from the pool is a spacious covered terrace accentuated with T&G ceilings and a summer kitchen which overlooks sweeping golf views
and conveniently connects to both the master bedroom and family room. Inside, a gourmet kitchen with a substantial island for bar seating is a culinarian’s dream, with vaulted ceilings and walk-in pantry. Adjoining the chic kitchen is a family room and breakfast area. With three en suite guest bedrooms, and an additional office, the retreat balances ample space with private feel. Enviable highlights also include the master suite with fairway vistas, master bathroom with dual water-closets and soaking tub, custom crafted closets, roll-down hurricane shutters and retractable screens, wood plank flooring, and quality craftsmanship by Darling Construction. An elevated offering, this new construction design is nestled on .48± acres golf-side and is an appealing option to call home.
FRESH FEATURES
221 SANDPIPER POINT
NEW CONSTRUCTION
Soundfront : 4BR +Flex Room & Office : 5.5BA
8,574± GSF : .56± Acres : Newly Finished
Resort-Style Outdoor Space : Media Loft
$15,750,000
NEW! This newly completed Soundfront estate stands as an unrivaled achievement, merging form and function into a singular work of art. Designed with an eye for sophistication, versatility, and modern flair, every element of this home has been meticulously crafted to offer an extraordinary living experience.
Situated on a peaceful cul-de-sac on .56 acres of prime, lush land, the residence is beautifully positioned on a tranquil cove of John’s Island Sound. The main living area is nothing short of breathtaking, featuring soaring cathedral ceilings and expansive views that create a dramatic and inviting space. At the heart of the home is a magnificent circular staircase, leading to expansive, adaptable rooms that cater to a wide range of needs. With 4 elegant bedrooms, plus an additional flex room and office, and 5.5 luxurious bathrooms, the home offers ample space for comfort and style.
The outdoor living area is a true masterpiece, featuring a resort-style pool with three distinct water features linked by graceful “stepping stones,” creating a seamless connection between the pool deck and outdoor living spaces. This design not only unifies the home’s layout but
also provides an exceptional setting for relaxation or entertainment. A spa adjacent to the primary suite, a dip deck just outside the family room, and the main pool anchoring both create a serene, tropical oasis. Two covered patios flank the estate, offering generous space that connects to the poolside terrace. A dramatic step-down lawn adds to the allure, providing seating and leading to a peaceful dock below.
Inside, the estate is a harmonious blend of luxurious finishes and stateof-the-art technology, with every inch of the 8,574± GSF space utilized to its fullest potential while maintaining a fresh and inviting atmosphere. The home’s interior is adorned with 7” wide engineered white oak flooring, complemented by matching oak ceilings in select areas, creating a cohesive and warm aesthetic. Stone countertops, museumquality fixtures, and advanced lighting solutions by Lutron contribute to an ambiance of unparalleled refinement.
Every aspect of this estate has been thoughtfully designed to offer a living experience like no other, making it an exceptional retreat for those who seek the very best in luxury living.
Agent Spotlight Luke Webb
Originally hailing from St. Louis, Missouri, Luke brings a comprehensive background to John’s Island Real Estate Company that spans real estate sales, development, pre-construction and design-phase projects, specifically in the luxury market. A graduate of Florida Southern College, Luke earned his MBA with a concentration in Entrepreneurship and spent the next decade in South Florida honing his skills. Outside of his passion for matching clients with their ideal home, Luke is an enthusiastic outdoorsman and member of both RedStick and Quail Valley. He and his wife Molly, a professional in the architecture industry, have two young daughters and have been committed to several philanthropic endeavors within the community.
Fun Fact: Was a nationally ranked water-skiier and Coach of the Year for my alma mater.
Take Me Out: I’m an avid boater and enjoy hunting and shooting with the JI Sportsmans Club. Golf, tennis, and pickleball are high on my list too.
(Editor note: Luke is a Quail Valley Charity Cup Champion and current QV Club Doubles Champion with JI member Andrew Hall)
JI Event Pick : Hard to choose just one, but Easter is a favorite. The Carnival is iconic - the rides, the families, the atmosphere. It’s always the fitting culmination of an incredible season.
Sale That Stands Out : I’ve had a number of record sales, but helping my first client navigate their complicated sale seamlessly was the most satisfying.
My Movie Weakness : I can’t turn off funny movies like Caddyshack or Airplane
400 BEACH ROAD #131
Oceanfront : 1BR/1BA : 590± GSF
Updated Interior : Private Beach & Pool Access
$970,000
400 BEACH ROAD #229
Oceanfront : 1BR/1BA : 590± GSF
Spacious Interior : Private Beach & Pool Access
$1,200,000
On Cloud 9 : I’m a pilot and come from a family of aviators, so we love to travel. We had a great summer with our kids visiting 8 new countries. Dubai was a standout stop, very exciting and cutting edge.
It’s 5 O’Clock Somewhere : Bulleit Rye or Bhakta Rye Old Fashioned
Care For Community: Helped Leukemia and Lymphoma Society as local president and gala chair, lobbied successfully on behalf of cancer patients in Florida, wife Molly is involved with Indian River Land Trust, and I serve as Chief for my girls’ Indian Princess troop.
400 BEACH ROAD #143
Oceanfront : 1BR/1BA : 590± GSF
Charming Appeal : Direct Beach Access $925,000
777 SEA OAK DRIVE #729
Dual Level Townhouse : 3BR/3BA : Walk Out To Pool : Gracious 1,900± SF : 1-Car Garage NEW PRICE $1,100,000
433 SILVER MOSS DRIVE #222
Lovely Updates : 2BR/2BA : Fairway Location
Spacious 1 Floor Unit : Pool Access : 1,200± SF NEW PRICE $975,000
400 BEACH ROAD #207
Pool Views : 1BR/1BA : 590± GSF : Balcony
Beautifully Renovated : Kitchenette & Refrigerator
$695,000
In A Pickle
Pickleball, a fast-growing sport that blends elements of tennis, badminton, and ping pong, has swept across the U.S. in recent years. It has found a particularly enthusiastic following in Florida’s residential communities, where its accessibility and social aspect make it a perfect fit for residents of all ages. Whether you’re a seasoned athlete or picking up a paddle for the first time, pickleball offers a fun and engaging way to stay active, meet neighbors, and enjoy the outdoors.
ONCE UPON A PICKLEBALL
The sport was invented in 1965 by three fathers—Joel Pritchard, Bill Bell, and Barney McCallum—in Washington State. Designed as a game to entertain their kids, the goal was to have it be accessible to all ages and skill levels. The game quickly spread from local families to schools, and eventually worldwide. Florida, with its year-round warm weather, became a hotspot for the sport.
The quirky name? Legend has it that Pritchard’s dog, Pickles, would chase after stray balls during games, but another account suggests it was named after the term “pickle boat,” a crew team’s last and most hodgepodge group of rowers.
STAY AND PLAY
Pickleball courts are often a social hub.
One of the highlights is the fast-paced but lowimpact nature of the game that allows players to hold conversations while waiting for their turn or resting between matches. You’ll often see mixed groups playing, from veteran athletes to beginners, enjoying friendly competition on courts that are about a third the size of tennis courts, allowing for more interaction and camaraderie.
pickleball courts are just steps away, creating the perfect opportunity to dive in without ever leaving the neighborhood.
THE LINGO
Kitchen: The non-volley zone near the net where players cannot hit the ball out of the air.
Dink: A soft shot that just clears the net and lands in the kitchen, often used to disrupt an opponent’s rhythm.
Volley: Hitting the ball before it bounces, typically done near the net during fast exchanges.
Lob: A high shot designed to go over the opponent’s head, pushing them to the back of the court.
Third Shot Drop: A soft shot intended to land in the kitchen after the serve and return, setting up a defensive strategy.
TOO EQUIPPED TO QUIT
When it comes to equipment, choosing the right paddle can make a big difference in your game. Paddles come in different weights and materials, each offering unique benefits. Lighter ones provide more control, making them ideal for finesse players, while heavier offer more power for those who prefer a stronger swing. Paddles are typically made of composite materials, wood, or graphite, with each having a distinct feel. Most players prefer composite paddles for their balance between power and control. The type of ball you use is also important. Indoor and outdoor balls are designed differently, with indoor balls being lighter and smoother, while outdoor balls are heavier and have more holes to handle wind and outdoor conditions.
With multiple courts throughout John’s Island for use by members of the private, by-invitation-only Club, the North Village boasts its own private courts that are for use by residents of the townhouse neighborhood. Updated in the last few years to accommodate pickleball, the North Village also hosts tennis courts and a serene pool for owners. For those who enjoy these dual level townhomes along the tip of the North Course,
Pickleball is more than just a sport—it’s a social experience that fosters a sense of community, whether you’re playing competitively or just for fun. With its easy-to-learn rules and welcoming atmosphere, pickleball brings together players of all ages and skill levels. It’s this spirit, along with the sport’s quick learning curve, that has fueled its meteoric rise in popularity. Whether you’re playing a casual game with neighbors or training for the next big tournament, it offers a little something for everyone. Grab your paddle, hit to the nearest court, and join the fun!
777 SEA OAK DRIVE #729 NEW PRICE
$1,100,000
3BR/3BA
1,900± SF
1-Car Garage
For pickleball fans, 777 Sea Oak Drive #729 is a prime property. With its proximity to private pickleball and tennis courts dedicated to North Village residents, this townhouse provides the convenience of playing the sport you love just minutes from your front door.
The Tree
TRIVIA
Welcome to our The Tree Trivia section—where we uncover the hidden gems and fun facts about life within the gates. From fascinating bits of history to the charming details that give John’s Island its unique character, there’s always something new to learn. Dive in and get tidbits to impress your friends and neighbors with your local knowledge. Can’t wait until we print the answers in next issue? Call us at 772.231.0900 to get the inside scoop.
How many homes combined have our current agents lived in within John’s Island?
Who did the developers of John’s Island buy the land from?
Hint: Take to the streets for the answer...
3
2
What was one of the proposed names of the South Course?
No, it’s not another directional moniker
How many veterans are buried at the John’s Island Cemetery
Don’t miss our Wreaths Across America event honoring our veterans in December
5
4
How many streets in John’s Island are named after animals?
TOP PHOTO : Historic aerial of John’s Island during a development phase. ABOVE : The illustrious Peach carrying a wreath to leave in honor of a JI veteran for Wreaths Across America ceremony in 2023.
‘TIS THE SEASON: RENTALS
111 JOHN’S ISLAND DRIVE #6
3 Bedrooms : 3 Bathroom
1,900± GSF : Sleeps 6
Centrally Located
Tennis Townhouse
850 BEACH ROAD #176
3 Bedrooms : 3.5 Bathrooms
2,250± SF : Sleeps 6
Pool & Beach Access
Oceanfront Condominium
283 SILVER MOSS DRIVE
2 Bedrooms : 2.5 Bathrooms
1,646± GSF : Sleeps 4
Outdoor Entertaining
Golf Cottage
The John’s Island Real Estate Rental Service Team is available to assist you with your short term or long term rental needs. Whether you need somewhere to stay while you are building or remodeling or just need some overflow space for grandkids during the holidays.
Christmas, Spring Break and Easter are our busiest times for member rentals as kids and grandkids return to John’s Island to visit family. We always suggest contacting the rental office 6 months in advance to secure a holiday rental for visiting family. February, March and April are our peak periods for Temporary Members who are visiting to experience life in John’s Island prior to joining the community. Temporary Members typically book their stay 6-8 months in advance to ensure their visit goes as smoothly as possible.
We are always available to answer any questions or provide additional information on the rental process in John’s Island. For more information on our rental services or available dates please connect with our team at 772-231-0289.
Llwyd’s Lane
Sea Oak Drive #723 230 Coconut Palm Road 261 Llwyd’s Lane 200 Sundial Court 777 Sea Oak Drive #720
550 Beach Road #319 777 Sea Oak Drive #727 1150 Beach Road #3M 100 Ocean Road #112 360 Indian Harbor Road 800 Beach Road #274 400 Beach Road #207
$7,000,000 $4,500,000 $1,300,000 $9,300,000 $3,650,000 $4,250,000 $1,370,000 $2,595,000 $1,375,000 $5,950,000 $4,100,000 $4,750,000 $3,895,000 $695,000 $2,750,000 $1,100,000
Community
Care
Since our beginning in 1969, our company and community have nurtured a commitment to philanthropy, rooted in the belief that giving back goes hand in hand with growing stronger. Like the iconic tree of our brand, we have seen that legacy for giving branch out and provide support. The impact our residents make on Vero Beach transforms, enlightens and inspires future generations. We are proud to be part of that legacy - our team of agents are just as invested in the great work of this community as they are to finding the best match for each client. Let us introduce you to a new organization each issue.
JOHN’S ISLAND FOUNDATION
The John’s Island Foundation provides grant funding for capital needs to nonprofit agencies that serve residents in Indian River County, setting the groundwork for the future. Agencies eligible for funding are those that serve people in need and whose programs are directed toward meeting needs or assisting with issues related to food, shelter, disabilities, health, aging, abuse or education. The Foundation is bolstered by the generous and active support of the John’s Island community, with over 500 donors to date. Thanks to the continued generosity from this community, over its 24-year history, the John’s Island Foundation has provided more than $16 million in capital grants to non-profit agencies in Indian River County. Their impact is immeasurable, serving as a cornerstone in countless organizations’ ability to serve. John’s Island Real Estate Company is proud to be this year’s Silver Jubilee Sponsor, and enjoy the upcoming Donor Reception kickoff.
www.johnsislandfoundation.org
CROSSOVER MISSION
Crossover Mission is a non-profit organization founded in 2014 dedicated to supporting and redirecting youth in Indian River County through afterschool and summer programming. Led by dedicated success coaches and one-to-one mentors who understand basketball is a unique and effective tool to attract, motivate, and retain student athletes, Crossover also provides academic support to promote achievement in all areas of life.
With a goal to help young people reach their potential and build bridges of friendship and understanding between cultures, Crossover embodies a vision of unity, reaching out to those who need it most. Crossover offers evidence-based, comprehensive programming at a low cost for local families. Their mentorship extends to character development, positive mindset cultivation, social etiquette, confident self-expression, and exposure to enriching cultural and career opportunities. John’s Island Real Estate company is proud to be the Home Court Sponsor for the 10th Annual Gala on December 5, 2024
crossovermission.com
Please accept our sincere thanks for the work you did marketing and selling our home. It was quite astonishing seeing our home presented so nicely in publications and on your website.
Of course, your presentation of our home is small in comparison to what JIRE has done over the years to present the club in such a positive way.
- P. Jones
Jeannette Mahaney
Bob Gibb Owner/Broker Judy Bramson Ba Stone
Kristen Yoshitani Cheryl Sangbush
Luke Webb Rennie Gibb
Rachel Hickman Nan Vandervelde
