The Keyes Company’s Nash Group Closes $7.5M Bear’s Club Compound Sale

6/19/17

Jupiter home located in one of the nation’s most private communities with celebrity residents

Billy Nash of The Keyes Company’s Nash Group has announced the sale of a stately compound located in the exclusive Bear’s Club luxury residential and golf course community founded by the legend himself, golfer Jack Nicklaus, and his wife Barbara. The property was sold to an undisclosed domestic buyer on June 16 for $7,550,000 making it the second highest sale in the Bear’s Club in nine years.

The six-bedroom, seven-bathroom compound at 191 Bears Club Drive represented a rare opportunity to acquire a home within the private Bear’s Club, which includes a championship 18-hole golf course and Par 3 Nicklaus Signature course, as well as a 40,000-square-foot clubhouse. The community includes numerous celebrity homeowners who covet the exclusivity and amenities. Bear’s Club residents include Michael Jordan, tennis stars Serena and Venus Williams and PGA and LPGA touring pros Luke Donald, Ernie Els and Michelle Wie.

Custom built in 2005, the 191 Bears Club Drive compound has more than 17,000 square feet, with 13,000 square feet under air. The stunning home includes a 2,000-square-foot master bedroom, steam room/sauna and grand staircase that leads to a hallway specifically designed – with wall niches – to showcase fine art collections.

The more than one-acre property has expansive views of the third and fifth holes and is located just one mile away from the beautiful waters of Jupiter and 20 minutes from Worth Avenue in Palm Beach.

“Billy Nash and his team did a tremendous job creatively and aggressively marketing this one-of-a-kind property,” said Keyes President and CEO Mike Pappas. “At Keyes, we encourage our Sales Associates to embrace their independence while taking advantage of the innovative technology and other tools we have at our disposal.”

The Nash Group uses a world-class marketing approach to bring in potential buyers from around the world. The property was featured in a variety of publications, reaching an international audience in 44 countries. The property also headlined the Wall Street Journal’s “House of the Day” feature and was later voted to become House of the Week. It is now eligible for the publication’s House of the Year distinction. The listing was also worthy of the cover in DuPont Registry’s Fine Home Gallery.

“We are a proactive real estate team,” said Nash. “We don’t wait for the buyers to come to us. We create story lines for our real estate videos to visually stimulate buyers interests in the trophy properties we represent, we listen to the luxury market and most importantly we know how to get our clients to the closing table.”

Coastal Sotheby’s represented the buyer in the transaction.

The Nash Group specializes in ultra-luxury real estate, leveraging Nash’s exclusive relationships built over the last two decades. Within a week of getting 191 Bears Club Drive under contract, The Nash Group secured a $7.5 million listing for a spectacular waterfront estate located minutes away from the Jupiter Inlet. The Nash Group is currently marketing over $50 Million in Luxury Real Estate in South Florida and has quickly become an authority in the luxury real estate market. 

Independently-owned and operated since its founding in 1926, Keyes stays very active in luxury residential real estate. Keyes annually sells $650 million in luxury homes priced at $1 million or more. The company expects to grow its annual sales velocity in that category to more than $1 billion. The Keyes Family of Companies sell more $1 million dollar plus homes Palm Beach County, Florida than any other company. 

Following a July 2016 merger with Illustrated Properties, Keyes and Illustrated are, together, the largest independently-owned real estate firm in Florida and a Top 25-ranked firm in the entire United States. Keyes and Illustrated have doubled their $1 million-plus property sales throughout South Florida.

Keyes is a founding member and shareholder of Leading Real Estate Companies of the World®, a global network of more than 550 premier real estate firms encompassing 4,000 offices and more than 128,000 Sales Associates in 55 countries, and Luxury Portfolio International™. 

About The Keyes Company: Independently-owned and operated since 1926, The Keyes Company is a leader in the real estate industry. Keyes completed a merger with Illustrated Properties in July 2016. Following the merger, Keyes has 58 offices, more than 3,000 Associates and nearly $6 billion in annual real estate sales and services. Keyes’ offices are distributed throughout six counties – Miami-Dade, Broward, Palm Beach, Martin, St. Lucie, and Volusia. Keyes expands our Associates’ reach globally as a Founding Member and Shareholder of Leading Real Estate Companies of the World®. In addition to our Associates’ expertise, The Keyes Company offers a suite of resources to cover whatever needs arise while buying or selling your home. Your mortgage, title, insurance, and property management needs can all be managed in-house, allowing us to close your deal with speed and efficiency while giving you the opportunity to talk to a real person whenever you have a question. For more information on the Nash Group, visit www.NashLuxury.com

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