Erinvale Golf Estate in Somerset West boasts a championship golf course and is very popular with celebrities and top golfers from across the world, and has hosted a World Cup Golf Tournament as well as two South African Open Golf Championships.
This five bedroom en-suite home in Erinvale Golf Estate is on the market for R19.5 million - click here to view.It also offers an excellent homes for luxury buyers and has benefited from excellent capital growth over the last few years, according to Rosmarie Bell, Jess Jackson and Les Hurwitz, agents with Seeff Somerset West.
Lightstone data shows that 2017 was a fairly good year for the estate, with around 24 sales, on par with 2015, and only marginally below 2016. Most of the sales were in the R7 million to R18 million price range, while the sectional title units sold mostly in the R3 million to R6 million range.
Most notably, say the agents, the average selling price has increased by 72% over the last five years, from R4.6 million in 2012 to R7.9 million last year as upper-income buyers are increasingly investing in the estate.
Erinvale offers large plots and the homes are all individually designed. For a luxury golf estate, it also still offers excellent value with houses below the clubhouse priced at around R6 million on average, and above the clubhouse upwards of around R8 million. The highest price achieved in the estate was R29 million, two years ago.
“Once people move in here, they do not often sell, and more than half of all properties have been in the same hands for 8 to 10 years and longer. It is predominantly second homes and retirees, but this is shifting. There are also many foreign swallows, especially Germans, who own homes here as it offers a fabulous country lifestyle in a very secure environment,” say the agents.
This four bedroom en-suite home in Erinvale Golf estate is on the market for R16.7 million - click here to view.The elevated position of the estate means that it enjoys spectacular views of the Helderberg Mountains and over the Strand/False Bay coastline. Somerset West is only 40-minute drive from Cape Town, and in the heart of the winelands, which make it an ideal base for anyone who works or has business interest in the winelands or Cape Town itself. It is also close to the airport.
It is surrounded by wine estates such as Lourensford, Morgenster and Vergelegen and the Erinvale Hotel and Spa is adjacent to the estate.
Here, say the agents, you can tee off on a world-class golf estate with views that are almost indescribable. The clubhouse offers a range of facilities, including a restaurant, event and conference facilities and a Pro Shop. There are also walking trails and access to the nature reserve which lies against the mountain.
Seeff Somerset West currently holds a number of mandates in the estate. This includes a Stefan Antoni-designed home, located on the 14th green with magnificent views of the Helderberg Mountains. It offers almost 400sqm of space and is set on a plot of 1 671sqm, priced at R16.7 million.
This four bedroom en-suite home in Erinvale Golf Estate has various fireplaces and open-plan living areas that lead out to various patios. It also has a large entertainment deck with pool and mountain views. It is selling for R18 million - click here to view.“It has a beautiful entrance hall with steps down to a sunken lounge with a wood-burning fireplace and fabulous views, a gourmet kitchen, billiard room, TV lounge/cinema room, studio/office, four spacious bedroom suites, the main with stunning mountain views, a massive three-car garage, swimming pool and entertainment area,” say the agents.
The is also a top-class home of 650sqm, set on over 2 000sqm of land, elevated for maximum views of the Helderberg Mountains and out towards the False Bay coastline.
Priced at R19.5 million, the home is modern and offers spacious accommodation, five bedroom suites, and a gourmet kitchen with a breakfast room, open-plan dining room and lounge, study/office with a library, wine cellar and a flat with a separate entrance. There is also a generous garage with space for a golf cart and storage.
Finishes include fireplaces, underfloor heating and solar heating. Some of the furniture pieces are also available for negotiation. “Most notably are the views that you can enjoy from just about anywhere throughout the home. It is built around a courtyard with a swimming pool and entertainment area, again with almost indescribable mountain views,” say the agents.
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