15635 Palma Lane, Wellington, FL 33414
$5,920,000
Property Type:
Residential
Bedrooms:
3
Baths:
3.2
Square Footage:
5,078
Status:
Closed
Current Price:
$5,920,000
Last Modified:
10/24/2022
Description
10.95 acre equestrian estate home in a gated Palm Beach Point, hacking distance to Grand Prix Village & WEF Showgounds. 12 Stall barn(can have up to 24). Spacious main residence w/3 bedroom suites, all opening to the heated pool & patio. Beautifully appointed with custom kitchen cabinetry, oversized butler's pantry, wide-plank wood floors, granite & marble finishes, wood beamed ceilings & a fireplace. The European courtyard Style stable was completely updated in 2014 - all new stall fronts, doors, brick paver aisle ways & center courtyard, exterior window shutters and 3 new wash racks. Above the barn are two, 1BR/1Bth grooms apartments with a shared balcony. There is an additional CBS constructed 100' x 60' outbuilding - easily converts to a custom designed center-aisle barn.
Supplements: This out-building could also house a work shop, RV, work out room or offer additional space for the car collector. It currently has additional stalls using portable European style systems. There is a beautiful 300' X 200' riding arena with great drainage and footing. The property lends its self perfectly for constructing a covered riding arena. There are 10 large grass paddocks, 2 of which are run-outs from stalls and a round pen. The property has separate entrances for the residence and stables. The private cul-de-sac location on the bridle path, is priceless. There are endless possibilities for this one of a kind property, its a must see to appreciate. It currently produces over $220,000 a year in gross income. The entire exterior of the house, stable and outbuilding were repainted in 2014. The property would easily be approved for up to 24 stalls. If you're looking for wonderful amenities, privacy, and a great location in close proximity to the show this is the property to see! A simple 1/2 Mile hack by bridle path to Grand Prix Village and WEF
More Information MLS# RX-10149364
Contract Information
Auction: No
List Price/SqFt: 1339.1
Listing Date: 2015-07-06
Status: Closed
Original List Price: 6800000
Sold Price: $5,920,000
Current Price: $5,920,000
General Property Description
Governing Bodies: None
Property Condition: Resale
Lot Dimensions: 10.95 Acres
SqFt - Total: 7368
Waterfront: Yes
SqFt Source: Other
SqFt - Guest House: 1425
Development Name: Palm Beach Point
Homeowners Assoc: Mandatory
Pets Allowed: Yes
Front Exp: South
HOA/POA/COA (Monthly): 225
Unit Floor #: 1
Application Fee: 250
Directions: Greenbriar to Palm Beach Point Blvd. through gate right onto Palma Lane. Property on the right.
Membership Fee Required: No
Private Pool: Yes
Type: Single Family Detached
Total Bedrooms: 3
Baths - Full: 3
Baths - Half: 2
Baths - Total: 3.2
Year Built: 1996
SqFt - Living: 5078
Garage Spaces: 3
Subdivision: PALM BEACH POINT
Legal Desc: PALM BEACH POINT LTS 2 & 3 BLK 7
Lot SqFt: 476982
Total Floors/Stories: 1
Location, Tax & Legal
Geo Area: PB24
State/Province: FL
HOPA: No Hopa
Short Sale: No
Tax Year: 2014
Zoning: Residential
Short Sale A/U: N/A
Short Sale Addendum: No
Taxes: 27413.3
Middle School: Polo Park Middle School
Special Assessment: No
High School: Wellington High School
REO: No
Area: 5520
County: Palm Beach
Parcel ID: 73414419010070020
Street #: 15635
Street Name: Palma
Street Suffix: Lane
Zip Code: 33414
Geo Lat: 26.622917
Geo Lon: -80.298266
Office/Member Info
DXORIGMLNO: RX-10149364
DXORIGMLSID: RML
Status Change Info
Terms of Sale: Cash
Sold Price/SqFt: 1165.81
Under Contract Date: 2016-03-01
Sold Date: 2016-05-05
Sold Price: $5,920,000
Design
European: 1
Mediterranean: 1
Construction
CBS: 1
Master Bedroom/Bath
2 Master Baths: 1
Mstr Bdrm - Ground: 1
Separate Shower: 1
Separate Tub: 1
Whirlpool Spa: 1
View
Pool: 1
Rooms
Cabana Bath: 1
Den/Office: 1
Laundry-Inside: 1
Laundry-Util/Closet: 1
Maid/In-Law: 1
Pool Bath: 1
Storage: 1
Util-Garage: 1
Waterfront Details
Canal Width 1 - 80: 1
Lot Description
5 to <10 Acres: 1
10 to <25 Acres: 1
Special Info
Sold As-Is: 1
Equip/Appl Included
Auto Garage Open: 1
Dishwasher: 1
Dryer: 1
Generator Whle House: 1
Refrigerator: 1
Smoke Detector: 1
Washer: 1
Washer/Dryer Hookup: 1
Water Heater - Elec: 1
Water Softener-Owned: 1
Private Pool Description
Heated: 1
Inground: 1
Cooling
Central: 1
Zoned: 1
Heating
Central: 1
Zoned: 1
Exterior Features
Auto Sprinkler: 1
Awnings: 1
Covered Patio: 1
Extra Building: 1
Fence: 1
Open Patio: 1
Utility Barn: 1
Furnished
Unfurnished: 1
Interior Features
Built-in Shelves: 1
Closet Cabinets: 1
Ctdrl/Vault Ceilings: 1
Fireplace(s): 1
Foyer: 1
French Door: 1
Kitchen Island: 1
Laundry Tub: 1
Pantry: 1
Roman Tub: 1
Split Bedroom: 1
Volume Ceiling: 1
Walk-in Closet: 1
Flooring
Ceramic Tile: 1
Marble: 1
Wood Floor: 1
Utilities
Cable: 1
Electric: 1
Gas Bottle: 1
Septic: 1
Well Water: 1
Parking
2+ Spaces: 1
Drive - Circular: 1
Driveway: 1
Garage - Attached: 1
Garage - Building: 1
Garage - Detached: 1
RV/Boat: 1
Restrict
Buyer Approval: 1
Security
Burglar Alarm: 1
Gate - Manned: 1
Private Guard: 1
Security Sys-Owned: 1
Roof
Metal: 1
Subdiv. Amenities
Horse Trails: 1
Horses Permitted: 1
Equestrian Features
Boarding Allowed: 1
Bridle Path/Trails: 1
Grass Field: 1
Grooms Quarters: 1
Office: 1
Owners Apartment: 1
Paddocks: 1
Regulation Dressage: 1
Ring: 1
Stable: 1
Water & Electric: 1
# of Barns: 2
# of Stalls: 24
Feed Room: 1
Tack Room: 1
Wash Rack(s): 1
Maintenance Fee Incl
Common Areas: 1
Management Fees: 1
Security: 1
Terms Considered
Cash: 1
Conventional: 1
Possession
At Closing: 1
Quick Closing: 1
Window Treatments
Awning: 1
Blinds: 1
Plantation Shutters: 1
Dining Area
Breakfast Area: 1
Dining/Kitchen: 1
Formal: 1
Snack Bar: 1
Taxes
Agricultural Exempt: 1
City/County: 1
Homestead: 1
Guest House
2 Baths: 1
2 Bedrooms: 1
Kitchen: 1
Living Room: 1
Patio: 1
Contingencies
None: 1
Property Features
Design: European; Mediterranean
Construction: CBS
View: Pool
Waterfront Details: Canal Width 1 - 80
Private Pool Description: Heated; Inground
Lot Description: 5 to <10 Acres; 10 to <25 Acres
Exterior Features: Auto Sprinkler; Awnings; Covered Patio; Extra Building; Fence; Open Patio; Utility Barn
Interior Features: Built-in Shelves; Closet Cabinets; Ctdrl/Vault Ceilings; Fireplace(s); Foyer; French Door; Kitchen Island; Laundry Tub; Pantry; Roman Tub; Split Bedroom; Volume Ceiling; Walk-in Closet
Furnished: Unfurnished
Rooms: Cabana Bath; Den/Office; Laundry-Inside; Laundry-Util/Closet; Maid/In-Law; Pool Bath; Storage; Util-Garage
Parking: 2+ Spaces; Drive - Circular; Driveway; Garage - Attached; Garage - Building; Garage - Detached; RV/Boat
Maintenance Fee Incl: Common Areas; Management Fees; Security
Restrict: Buyer Approval
Security: Burglar Alarm; Gate - Manned; Private Guard; Security Sys-Owned
Flooring: Ceramic Tile; Marble; Wood Floor
Heating: Central; Zoned
Cooling: Central; Zoned
Dining Area: Breakfast Area; Dining/Kitchen; Formal; Snack Bar
Roof: Metal
Guest House: 2 Baths; 2 Bedrooms; Kitchen; Living Room; Patio
Equestrian Features: Boarding Allowed; Bridle Path/Trails; Feed Room; Grass Field; Grooms Quarters; Office; Owners Apartment; Paddocks; Regulation Dressage; Ring; Stable; Tack Room; Wash Rack(s); Water & Electric
Terms Considered: Cash; Conventional
Utilities: Cable; Electric; Gas Bottle; Septic; Well Water
Window Treatments: Awning; Blinds; Plantation Shutters
Special Info: Sold As-Is
Taxes: Agricultural Exempt; City/County; Homestead
Possession: At Closing; Quick Closing
Contingencies: None
Room Information
Living Room
Length: 38.00
Width: 25.00
Length: 38.00
Level: First
Width: 25.00
Dining Room
Length: 21.00
Width: 14.00
Length: 21.00
Level: First
Width: 14.00
Kitchen
Length: 19.00
Width: 16.00
Length: 19.00
Level: First
Width: 16.00
Master Bedroom
Length: 21.00
Width: 17.00
Length: 21.00
Level: First
Width: 17.00
Bedroom 2
Length: 15.00
Width: 14.00
Length: 15.00
Level: First
Width: 14.00
Bedroom 3
Length: 14.00
Width: 14.00
Length: 14.00
Level: First
Width: 14.00
Bedroom 4
Length: 20.00
Width: 14.00
Length: 20.00
Level: First
Width: 14.00
Listing Office:
Engel & Volkers Wellington
Last Updated: October - 24 - 2022
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