15635 Palma Ln
SEE ALL PHOTOS
Sold

15635 Palma Ln

15635 Palma Lane, Wellington, FL 33414

$5,920,000

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. 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

3
beds

5,078 Sq.Ft. LIVING AREA

10.95 Acres lot

Matt Johnson

Matt Johnson

Features & Amenities

Interior

  • total bedrooms3
  • full bathrooms4

Area & Lot

  • Status Sold
  • Living Area5,078 Sq.Ft.
  • Lot Area10.95 Acres
  • MLS® IDRX-10149364
  • TypeResidential
  • YEAR BUILT1996

Exterior

  • Garage Space3

Financial

  • Sales Price$5,920,000

Work with Matt

Bringing passion, dedication, and resources to help clients reach their buying and selling goals.

Follow Me on Instagram