Boutique estates gain popularity

Boutique estates gain popularity

This luxury family home is in the Mont Blanc Estate, one of the sought-after boutique estates in Paradyskloof, Stellenbosch.

Exclusivity, peace of mind and access to amenities in the town centre are just some of the reasons why boutique estates are gaining popularity in areas such as Stellenbosch, says Louise Varga, Pam Golding Properties area manager for Stellenbosch, Somerset West and Gordon’s Bay.

“This is an emerging property trend that affords buyers many of the benefits of the larger, lifestyle estates, but with competitive levies and a convenient location, homes in these bespoke estates seldom come onto the market.”

According to Lightstone property data, 25% of the country’s estates are in the Western Cape, and many of these are in the Boland and Overberg regions. Mont Blanc, Mont Fleur, L’Hermitage, Westruther and Vallee Lustre estates offer buyers secure living in Paradyskloof, which offers convenient shopping, a choice of several restaurants and many of the Western Cape’s top schools within a 5km radius.

Lizanne Fourie, Pam Golding Properties agent for the area, says one seldom sees homes in these estates come to market. “Vallee Lustre, for example, has had only three sales since 2015, of which the highest price was R13.5 million for a home sold last year.”

Pam Golding Properties is marketing a four-bedroom, R15.5 million home in Mont Blanc, where a sale was last recorded in 2013. This is a rare opportunity to own a home in this prestigious estate, close to the Stellenbosch Golf Course, notes Fourie.

Features include en suite bedrooms, two modern kitchens and an outdoor fire pit. As with many of the homes in boutique estate developments, this home incorporates energy-efficient elements, including a 10 000 litre water tank and a gas operated generator.

With the increased demand for bespoke estates, vacant land in these is also selling at a premium. Pam Golding Properties recently sold two erven of 901m2 and 1 099m2 in Westruther, one of the newer boutique estates in Paradyskloof, for R5.99m and R5.46m respectively, says Fourie.

“A significant part of the appeal of these estates is that Paradyskloof, at the foot of the mountain, enjoys a prime location next to Eden Forest, known for its mountain bike and running trails. These are easily accessible from the estates,” says Fourie.

Other attractions in the area include Vriesenhof Vineyards, the Majeka Boutique Hotel and Spa, as well as the Dylan Lewis Studio and Sculpture Garden. Sports enthusiasts are spoilt for choice and aside from the various trails, the Paradyskloof Tennis Club is also nearby.