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Pedro Casanova

| The KREN Group | Keller Williams Premier Properties | PLACE

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2389 King Terrace , Wellington, FL 33414
$7,400,000
Est. Payment: $16,444.44/mo
5 Bed
4 Bath
3781 Sqft
Status: Active | Days on site: 10
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FLL802626 - FLL20018425,FLL276628891
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House Description

Looking for an exceptional equestrian estate with ample acreage and a substantial number of stalls, while remaining just minutes from the showgrounds? Look no further. Set across two parcels totaling 6.01 acres in Saddle Trail, this impressive 30-stall farm is ideally situated directly on the bridle path, offering a convenient 15-minute hack to WEF. Created with the professional equestrian in mind, the farm features two premium barns with 24 and 6 stalls, a 115' x 215' all-weather fiber-mix arena with underground irrigation, an adjacent 1+ acre grass Grand Prix field, seven large irrigated paddocks, and a 6-horse Kraft covered walker. Both barns are outfitted with Roewer & Rueb bamboo wood stalls, Nelson automatic waterers, generous wash and grooming areas, and dedicated feed and tack rooms. The thoughtfully arranged grounds provide an efficient setup for training, boarding, and day-to-day operations, while the farm's strong history of lease income adds to its appeal as an investment opportunity. A separate owners' and riders' lounge offers a comfortable setting for relaxing and entertaining, complete with a kitchen, bathroom, and bar. The well-planned layout allows multiple parties to comfortably utilize the farm simultaneously while maintaining a sense of privacy and ease. There is a generous amount of mature landscaping & trees that creates a beautiful, park- like setting. The five-bedroom, 3.5-bath pool home is currently used as staff housing but offers excellent versatility for the future. Its private setting could readily accommodate a conversion to a luxurious primary residence, while the expansive grass field presents the additional possibility of constructing a custom main residence. Located on a desirable cul-de-sac directly along the bridle path, the facility provides seamless access to WEF and the surrounding equestrian community. Four separate entrances further enhance the property's functionality, allowing for efficient movement of horses, vehicles, staff, and guests. With its prime location, extensive equestrian infrastructure, residential flexibility, and proven income potential, this is a rare opportunity to own a premier farm in the heart of Saddle Trail. Property consists of two parcels: 73414417010710060 -4.08 acres, 73414417010710050 -1.93 acres

Highlights

Listed by Travis C Laas , 561-906-7007 and Tina Bengtsson , 561-762-2925 Engel & Volkers Wellington , 561-791-2220.

Property Type

Residential

Lot/Acreage
4.08

Year Built

1988

County

Palm Beach

Area

5520

Neighborhood

Saddle Trail Park Of Welli

Listing ID

B26073857

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:5
  • Bathrooms:4
  • Full Bathrooms:3
  • 1/2 Bathrooms:2
Appliances:Built-In Oven, Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Self Cleaning Oven, Washer
Air Cond:Central Air,Ceiling Fan(s),Electric
Fireplaces:
Floor:Concrete,Ceramic Tile,Tile
Other:
  • Additional:Bedroom on Main Level, Dual Sinks, Eat-in Kitchen, French Door(s)/Atrium Door(s), High Ceilings, Main Level Primary, Main Living Area Entry Level, Vaulted Ceiling(s), Walk-In Closet(s), Pantry
Water:Well

Exterior Features

Lot:5-10 Acres,Cul-De-Sac,Sprinklers Automatic,Sprinkler System
Garage Capacity:4
Zoning:EOZD (city)
Roof:Barrel,Concrete,Tile
Others:
  • Additional:Fence, Patio, Storm/Security Shutters
Sewer:Septic Tank
Parking Features:Attached,Circular Driveway,Driveway,Garage,Guest,Two or More Spaces,Garage Door Opener
Principal Interest
$16,444
Taxes
$4,116

Home Price

$7,400,000

Loan Details

30 yrs
%

Down Payment

20%
$1,480,000
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Monthly Price:
$16,444.44

Principal

Taxes

Principal Taxes HOA Total
Monthly $16,444.44 $4,115.83 $0.00 $20,560.28
Yearly $197,333.33 $49,390.00 $0.00 $246,723.33
Total $5,920,000.00 $1,481,700.00 $0.00 $7,401,700.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Wellington, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.