14343 Equestrian Way
About This Property
This well-appointed barn features pavers throughout and breathtaking driftwood chandeliers down the main aisle. Stalls are matted with individual fans, lights and water. Breathe easy knowing your horses are happy and safe with the camera system installed throughout and around the barn.
Two wash racks are equipped with hot and cold water and mounted with fans. Custom tack room features plenty of storage, saddle racks, bridle racks and a unique bit box displayed in the center of the room.
The riders lounge is a great space to relax after a long day of showing, featuring internet and television access, a mini fridge and a half bath. The grain and medicine room provides even more storage and grain bins are customized to be easy to keep clean. There are four sodded paddocks in the back of the barn. Two oversized garages with two separate washers and dryers are on the property for the barn and the apartments.
The 170x120 riding arena is equipped with the Riso System, keeping the Martin Collins footing at the perfect moisture level. Never miss a day of training because of the rain! Full set of PJ aluminum quick release jumps and treadmill are negotiable with the sale.
Two separate one bedroom, one bath staff apartments are located above the garages. Apartments features high ceilings, updated appliances, full-sized refrigerators, microwave and portable cooktop. The apartments have porcelain wood flooring and impact windows.
The house boasts four bedrooms, two bathrooms with an attached one bedroom, one bath mother-in-law suite or staff quarter with a separate entrance. The main house features a split floor plan with an updated kitchen and bathrooms and has been painted to make the home light and bright. French doors off the master bedroom lead to the salt water pool and spa.
Enjoy watching the horses in the ring from your living room!
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Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 10, 2024 | Sold | ||
| Sold | |||
| Jan 11, 2024 | Listed by Douglas Elliman Wellington | $5,250,000 | |
| Listed by Douglas Elliman Wellington | |||
| | |||
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This exceptional equestrian facility, nestled in the heart of Saddle Trail, is just a 5-minute hack from the Palm Beach International Equestrian Center. The property features a luxurious four-bedroom main house with an additional efficiency apartment, complete with its own entrance. The master bedroom opens to a heated pool and jacuzzi, enhancing the living experience. The barn is equipped with ten stalls, dedicated tack and feed rooms, and a comfortable owner's lounge. It also includes five spacious wash/grooming stalls and a separate barn laundry. Additional amenities include two oversized garage areas and two one-bedroom staff apartments above the garages. The highlight is the world-class, 100 X 175, self-irrigated sand arena, ensuring uninterrupted training.
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| Nov 2, 2022 | Sold | ||
| Sold | |||
| Jul 7, 2022 | Listed by William Raveis South Florida | $4,495,000 | |
| Listed by William Raveis South Florida | |||
| Oct 25, 2018 | Sold | ||
| Sold | |||
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About Saddle Trail Park of Wellington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017