$8,500,000
Wellington, FL 33414
MLS# RX-10801290
Status: Closed
3 beds | 2.1 baths | 1812 sqft
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Property Description
A RARE OPPORTUNITY to own location, acreage, and an income producing property!! Situated on 12.27 beautifully manicured acres, The Ridge is perfectly located in Wellington's highly sought after Palm Beach Point East. The main barn features 14 matted stalls, office, tack and feed rooms, outdoor wash racks, 2bd/1Ba apartment with separate entrance, an efficiency apartment and 2 laundry rooms. Enjoy riding in either of the 2 sand rings or on the oversized Grand Prix Field. Lining the outer edge of the property are 7 large irrigated grass paddocks, 80' round pen and 3 separate gated entrances off the paved road of Palm Beach Point Blvd. The Ridge is Just a short hack to the recently opened back gate of the Wellington International show grounds.
Details
Contract Information
Listing Date: 2022-05-18
Status: Closed
Original List Price: 8500000
Auction: No
Sold Price: $8,700,000
Current Price: $8,700,000
List Price/SqFt: 4690.94
General Property Description
Type: Single Family Detached
Governing Bodies: None
Main Level Bedrooms: 3
Total Bedrooms: 3
Main Level Bathrooms: 2
Baths - Full: 2
Baths - Half: 1
Baths - Total: 2.1
Property Condition: Resale
Year Built: 1998
SqFt - Total: 6754
SqFt - Living: 1812
SqFt Source: Tax Rolls
Gated Community: No
Homeowners Assoc: None
Association Deposit: No
Membership Fee Required: No
Directions: South Shore Blvd to Garcida.
Left on Palm Beach Point Blvd farm on right
Subdivision: PALM BEACH POINT EAST
Development Name: Palm Beach Point
Legal Desc: PALM BEACH POINT EAST LTS 24 & 25
Lot SqFt: 534629
Waterfront: No
Front Exp: Southeast
Private Pool: No
Unit Floor #: 1
Pets Allowed: Yes
Pets on Premises: Yes
Total Floors/Stories: 1
Location Tax Legal
Area: 5520
County: Palm Beach
Parcel ID: 73414429010000240
Street #: 14415
Street Name: Palm Beach Point
Street Suffix: Boulevard
Zip Code: 33414
Geo Lat: 26.614576
Geo Lon: -80.273476
Status Change Info
Under Contract Date: 2022-09-15
Sold Date: 2022-09-30
Sold Price: $8,700,000
Terms of Sale: Cash
Sold Price/SqFt: 4801.32
Equestrian Features
# of Barns: 1
# of Stalls: 14
Storm Protection
Roll-Down Shutters: Partial
Concessions
Seller Concessions: No
Contributions
Buyer Contributions: No
Property Features
Construction: CBS
Mobile Features: 220V; Dryer Hookup
View: Canal
Waterfront Details: Interior Canal
Lot Description: West of US-1; 5 to <10 Acres; 10 to <25 Acres; Irregular Lot; Paved Road; Public Road
Exterior Features: Auto Sprinkler; Fence; Lake/Canal Sprinkler; Shutters; Zoned Sprinkler
Interior Features: None
Furnished: Unfurnished
Rooms: Laundry-Inside; Storage
Parking: 2+ Spaces; Drive - Circular; Driveway; Open; RV/Boat; Unpaved
Maintenance Fee Incl: Other
Restrict: None
Security: Gate - Unmanned
Membership: No Membership Avail
Flooring: Clay Tile; Concrete
Heating: Electric
Cooling: Ceiling Fan; Electric
Roof: Other
Equestrian Features: Boarding Allowed; Bridle Path/Trails; Center Aisle; Feed Room; Fly System; Grass Field; Grooms Quarters; Lounge; Office; Owners Apartment; Paddocks; Ring; Stable; Tack Room; Wash Rack(s); Water & Electric
Terms Considered: Cash; Conventional
Utilities: Cable; Electric; Septic; Well Water
Storm Protection: None
Special Info: Sold As-Is
Taxes: Agricultural Exempt
Possession: At Closing
Contingencies: None
Room Information
| Room Name | Length | Width | Length | Level | Width | Remarks |
| Living Room | 1.00 | 1.00 | 1.00 | First | 1.00 | 1 |
| Kitchen | 1.00 | 1.00 | 1.00 | First | 1.00 | 1 |
| Master Bedroom | 1.00 | 1.00 | 1.00 | First | 1.00 | 1 |
Listing Office: The Corcoran Group
Last Updated: October - 21 - 2022
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