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Wednesday, February 24, 2016

Indian River Colony Club (IRCC) in Viera, Florida - 55+ Maintenance Free LIving

Indian River Colony Club is one of three age restricted (55+) communities in the planned unit of Viera located north of Melbourne, Florida.  Indian River Colony is different from the other two communities (Grand Isle and Heritage Isle).

Without listing the differences I want to focus on what IRCC offers here.

Founded in 1986 as a community for former military officers, Indian River Colony Club is a gated community with gates manned twenty four hours every day.   While still mostly former military members, ownership has changed with IRCC now offering a mix of non-military folks as well.  

Indian River Colony Club offers country club living in the best place in the world - near central Florida's beaches.

The location is ideal... Orlando International is about 45 minutes away, medical offices, VA Medical Clinic and the new Viera Hospital are nearby.   Shopping and restaurants are convenient, Brevard Zoo and the Maxwell King Center for Performing Arts and much more! 

While the facilities offered are immense the main appeal of Indian River Colony Club -  the worry free advantage of true maintenance free living.

As a real estate broker working with buyers relocating to central Florida the question of age (not mine) but IRCC does come up.  (Grand Isle and Heritage Isle were all built after about 2000.)

Sure, the community is older but age does have its advantages.  I was recently made aware of some planned new construction to be taking place at Indian River Colony Club in the near future....ask me for more information.    

What does IRCC offer?  As mentioned above, the draw is maintenance free living.  What is covered?  While you must check the official documents for details, in general, you name it, it is covered.   Appliance problem, no problem.  Pest control issue, no problem.  Roof issue? No expensive repairs.  Landscaping, covered.  Plumbing issue, no expensive plumber!  Exterior painting need or pressure washing of your house or driveway?  No problem!   

What facilities?  Golf course,  with pro shop, three tennis courts, 3,000 sq.ft. heated pool (some homes have their own pools), shuffleboard, fitness center, At Ease Club, and more!  
And there are lots of activities and clubs to keep residents active including things like aquatics, Zumba/yoga, Wive's Clubs (for all branches), tennis, Masons, computer clubs, card clubs, social activities and whatever you desire!

There is a price to the advantage of maintenance free living as well as living in a gated country club!  The monthly fees are based on the floor plan of your home.  And there is a "buy in" for ownership in the community (remember homeowners own all facilities).  Here is a link to an older fee sheet and some prices may have changed.

The Grand Isle and Heritage Isle community fees are around several hundred dollars a month but these communities are not true maintenance free living nor do they have their own golf course, etc.  I was discussing fees earlier today with an IRCC resident who had analyzed these fees in light of maintenance issues (major and month to month/daily) as well as the worry free benefits.  He did make a compelling case, for sure.

What is for sale at Indian River Colony Club

Currently there are about 26 homes for sale in IRCC with prices ranging from the lower $100,000s (smaller duplex) to $329,900.   There is great variability in homes sizes from the lower 1,000 sq.ft. range to more than 3,000 sq. ft. with three car garage.  

Most homes are either three or four bedroom with two bathrooms and two plus size garage.  One of the advantages to many of these homes is the garages will accommodate larger vehicles like crew cab trucks (had a customer who had to do the "truck" test before purchasing!).

A word about prices... While homes are maintenance free home owners make changes.  Some are updated and renovated.  Some have less modern touches.  This is reflected in the pricing.

To answer the question "What is for sale in IRCC?" see the link below:


What has recently sold in Indian River Colony Club?

There have been twenty one homes sold in IRCC over the past six months as reported in the Brevard MLS system.   Selling prices ranged from $104,000 (foreclosure) to $245,000. 

Without detailing each and every sale by price here is a summary of these twenty one sales:
  • Three sold - $200,000 or more 
  • Three sold - $180,000 to $195,000 
  • Three sold - $160,000 to $165,000 
  • Six sold     - $134,000 to $150,700 
  • Three sold - $122,500 to $125,000

If you would like more information on Indian River Colony Club, send me a text to 321-693-3850 or email.  




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