Back 4591 South Road
Off Market

4591 South Road

Wellington FL 33414

5
5
1
10749 sq. ft.
218236 sq. ft.
Single-Family
Last sold for $4,500,000
Travis LaasTravis Laas, last sold this property on 16 May 2022 after 72 days on market.

Overview

A true professional horseman's setup in Palm Beach Point East! Designed to make the day to day more efficient and provide a calm peaceful environment for both humans and horses. This luxurious 5 acre, 14 stall equestrian facility is located directly south of PBIEC, just over a mile hack away. It's great location is getting even better with the new southern show expansion and access! The farm boasts one of the largest all-weather rings in the area, with excellent drainage and top performance footing, measuring approximately 150'x230'. The property also features 5 large paddocks, round pen, very wide aisles for aisle grooming, covered treadmill hookup, 2 full tack rooms, 1 storage room, 2 wash stalls and 3 separate apartments. The apartments include 1 studio, 1 full one bedroom apartment, and above the barn a nice 3 bed/3bath apartment with 2 balconies and large common living area. There are 2 large automatic gates for ease of trailer access along with an oversized parking area, established landscaping throughout the farm with a mature ficus perimeter hedge offering added privacy. This is a relatively easy and low maintenance farm with excellent income potential. Use the full facility yourself, or take one aisle and rent out the other. Additional stalls are allowed. Tent stalls are permissible in this area. City water is located one property away and could be easily brought to the property. All new water system, heating and AC systems 2021. New irrigation, new 5 foot reinforced fencing, freshly painted main dwelling and apartments. There is space for a walker, additional stalls, or other amenities.

Features

5 bedrooms
5 bathrooms
1 carspace
1 garage space
10749 sq. ft. floor area
218236 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 5 bedroom single-family properties sold in Wellington over the last 12 months, the estimated median property value of 4591 South Road is $970k.

Median value
$970k
Estimated value range
$440k - $11.5m
Median days on market
57
Estimated value trend
1%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Wellington. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 4591 South Road

2022
Sold
$4,500,000
16 May 2022 by Travis Laas, of ENGEL & VOLKERS WELLINGTON
2021
Sold
$3,800,000
13 Jan 2021 by Maria Mendelsohn, of DOUGLAS ELLIMAN
2019
Rented
Undisclosed
09 Nov 2019 by KELLER WILLIAMS RTY WELLINGTON

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90%
90% of sellers in Wellington reported that their sale price either exceeded or met their price expectations.

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This is based on voluntary sentiment collected from 25 reviews in Wellington over the last 12 months.

Local market activity for 5 bedroom single-family properties in Wellington

In the last 12 months, 133 five-bedroom single-family properties similar to 4591 South Road, have been sold.

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