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3583 Collonade Drive
About This Property
The first floor features the luxurious primary suite with panoramic lake views, generous closet space, and a private spa-like bathroom, as well as a second bedroom/den with a full bath. There is also a cabana bath a with shower, and a half bath for guests downstairs.
Upstairs, a loft overlooks the main living area and provides additional flexible space for a lounge, or games area. Three more bedrooms and two full baths complete the upper level.
Enjoy the tranquility of lakefront living within easy walking distance to the exclusive amenities that Versailles has to offer.
Versailles stands out as a resort-style neighborhood in Wellington, offering premier amenities and a genuine sense of community. As you and your friends enter the community, you will be greeted by a grand entrance with a tiered fountain and waterfalls. A beautiful tree lined avenue will lead you to the 24 hour manned gate. The heart of the neighborhood is the pool area, featuring an Olympic size pool, a kiddie pool, a spa as well as cozy covered seating areas with an adjacent playground. Other amenities include illuminated tennis courts, basketball court, fitness center, party room and a library/card room. What's more, the low HOA dues cover high-speed internet, landscape maintenance, basic cable, and alarm services. Versailles, with A+ rated schools nearby and easy access to equestrian facilities, shopping, restaurants, and local hospitals, this is the perfect place to experience the pinnacle of luxury living. Call and come see your new home today!
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What does this mean?
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.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 5, 2025 | Sold | ||
| Sold | |||
| Aug 4, 2025 | In contract | - | |
| In contract | |||
| Jun 5, 2025 | Listed by Lang Realty - Boynton Beach | $1,170,000 | |
| Listed by Lang Realty - Boynton Beach | |||
| Sep 2, 2023 | No longer available | - | |
| No longer available | |||
| Feb 25, 2023 | Listed by Compass Florida, LLC | $1,100,000 | |
| Listed by Compass Florida, LLC | |||
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Welcome to your dream home! This spectacular 5BR, 5.5BA home in desirable Versailles in Wellington offers luxurious living at its finest. Boasting high ceilings and big windows with spectacular views, this home provides a bright and spacious atmosphere. The large main floor master suite with sliders to the lanai is a peaceful sanctuary, offering ample space and a spa-like bathroom. The spacious kitchen is perfect for hosting gatherings with top-of-the-line appliances and ample counter space. Enjoy breathtaking lake views from the beautifully landscaped tropical garden, perfect for relaxation or entertaining. Located near A-rated schools and great shopping, this is one of few communities in the area with natural gas. SELLER WILLING TO ASSIST WITH FINANCING! The manager has listed the unit size as 3732 square feet.
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About Versailles
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017