SPECIFICATIONS
Bedrooms: 5
Bathrooms: 6 Full, 1 Half
Square Feet: 11,068 SF
Living Area: 7,420 SF
Garage: 4 Car
Pool: Y,21X21
Waterfront: Y, Can W81-120
Year Built: 1999
PALM BEACH POINT WELLINGTON SCHOOL INFORMATION
Elementary: New Horizons Elementary School
Middle: Polo Park Middle School
High: Wellington High School
PALM BEACH POINT PROPERTY DESCRIPTION
Wellington:Palm Beach Point. Reduced $450k! equestrian estate on 10+ acres! immediately adjacent to grand prix village with direct bridle path access by a land bridge which is located on the property. 6 stall barn, rubber pavers & 1 br / 1 bth apt. - tons of turnout! designed by randy stofft - a rare find in quality, design & location! the kitchen has 2 dishwashers, subzero refrigerator, wine cooler, 2 refigerated drawers & more - top quality cabinests & the finest granites. Master suite: wood-burning fireplace & two individual bathrms w/ spa tub - walkin showers w/ body sprays. Ajoining the master suite is an exercise room to complete the in house spa club feeling. The office offers pleanty of space to work and is finished in custom cabinets & book shelves. The living room has soaring ceilings with a wet bar finished in onyx, a stunning fireplace as the focal point - along with senic views of the property & stables. First floor: master suite & one quest suite. upstairs: 3 additional bedrooms - one of which is a 2nd master suite w/ stunning views of the pool & stables from a private balcony. The floors are finished in arizona flagstone & imported 100 year old russian oak. custom cabinets & vanities, doors & logs were all brought in from arizona. the home also boasts oversized laundry rm. & 4 car garage w/ loads of storage. The property is supported by a 20k generator & a new commercial grade reverse osmosis water treatment sys. For both the house & barn w/an 850 gal. Reserve tank. the pool, patio & spa area is a stunning setting for entertaining or relaxing w/snackbar & summer kitchen. 6 stall (several oversized), ctr-isle barn is open & airy w/wood beamed ceiling, fly spray system, runout paddocks & round pen - on 10.32 acres.
ADDITIONAL DETAILS ON THIS PALM BEACH POINT HOME
Community: Palm Beach Point
Subdivision: Palm Beach Point
HOA:Mandatory $1,100 Per Quarter
Lot: 5-10 Acres
Master Bedroom: 19X18
Second Bedroom: 19X16
Third Bedroom: 13X10
Fourth Bedroom: 17X15
Fifth Bedroom: 14X11
Kitchen: 22X17
Living Room: 26X20
Dining Room: 20X14
Roof: S-Tile
Flooring: Carpet,Ceramic Tile,Wood,Marble
Construction: CBS
Palm Beach Point Community Information: Horse Trails,Horses Perm.
Exterior Features: Covrd Patio,Scrnd Patio,Blt In Grill,Outdr Shower,Covrd Bal,Open Balcony,Auto Sprink,Lake/Can Spr,Zoned Sprink,Fence,Stable
Interior Features: Vol Ceil,Split Bedrms,Bar,Wet Bar,French Door,Fireplace,Laundry Tub,Upstrs Liv,Wlk In Clos,Blt In Shel,Cook Island,Pantry,Foyer
Equipment Included: Washer,Dryer,Purifier,Refrigerator,Range,Dishwasher,Disposal,Microwave,Auto Gar Dr,Cntrl Vac.
Additional Information: Sold As-Is
This Listing courtesy of Illustrated Properties
MONTHLY MORTGAGE PAYMENT (5 Year Fixed Jumbo Rate : 40% Down : 4.375% : 4.395%APR)
Purchase Price:
$4,200,000.00
Down Payment:
$1,680,000.00
Amount Financed:
$2,520,000.00
Monthly Mortgage Payment:
$12,581.99(Principal & Interest ONLY)
Real Estate Taxes:
Real Estate Taxes in Wellington Florida are calculated by applying the millage rate to the assessed value.
Homes in Wellington Florida are re-assessed when they are sold and typically will be assessed at slightly below the purchase price. Assuming this home in Palm Beach Point is assessed at about
$3,990,000.00 the next time it sells, the annual real estate taxes will be approximately
$69,825.00 This could add $5,818.75 to your monthly payment. Homestead or other exemptions could lower your taxes for this property.
TOTAL Monthly Payment:
$18,400.74 (including Real Estate tax)