• Lots in Costa Del Sol start at $125,000 and go up to $500,000.
  • Only 13 of 62 lots remain.
  • Hines is the real estate firm behind the development.

A new crop of homes entered the market in Palencia at the Costa Del Sol neighborhood. Featuring 62 lots, some of which offer views of the Intracoastal Waterway, the newest neighborhood located on three holes of Palencia’s championship golf course is selling out quick.

Of the 62 lots that were available, only 13 remain. A majority were purchased by end-users while a small batch were retained by the three developing contractors for model and spec homes.

“One of the things that appeals to a lot of people is how everything is either on a nature preserve, water, or golf course,” said Pud English, regional director of marketing for Hines, the firm handling property sales in Costa Del Sol. “You don’t have homes that back up home-to-home.”

There are three developers involved with the Palencia neighborhood. Arthur Rutenberg, Cornerstone Homes and The Cottage Home Company all contributed designs. Each developer brings a different sense of style to the neighborhood, something English said adds to the allure of the development.

“I didn’t hear anyone say ‘I love that one more than this one,'” she added.

Lot prices start at $125,000 and go up to $500,000. English said that these price points are not indicators of the views and amenities, but more so have to do with the varying property sizes.

Homes start around the low $600,000’s and can reach as high as $1.9 million. The higher-end properties will more than likely offer views of the waterway and golf course, according to English. That’s not to say the lower priced are any less view-friendly — Costa Del Sol has allocated a maritime hammock preservation of the wooded areas surrounding properties. This is also a confidence booster for incoming residents, because it prevents future development from obstructing views.

English described the demographic as mixed. She said there are families with children, as well as empty nesters relocating into the neighborhood. Some are choosing the Palencia neighborhood as a local relocation.

Email Britt Chester

Show Comments Hide Comments


Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Thank you for subscribing to Morning Headlines.
Back to top
We're giving away 3 free ICLV tickets at Connect Now next week. Register and attend live for your chance to win!REGISTER×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription