6
Map
$5,500,000
●
House -
Off Market
4915 Stables Way
Wellington, FL 33414
4 Beds
4 Baths,
1
Half Bath
3,039 Ft²
$5,542,820
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model
About This Property
An equestrian paradise located in Palm Beach Point East! Situated
on 5 beautifully manicured acres this stable features 2 barns
totaling 20 stalls. Center aisle 16 stall main barn with custom
cedar wood tack room & lounge. Newly constructed 6 horse covered
walker, 8 covered grooming stalls, and approx. 2000 ft. circular
bridle path. The property also features 2 apartments. The first is
2 beds, 2 baths complete with cathedral ceilings and luxury
finishes. Second apartment is 2 beds, 1 bath with a full kitchen
and large living space. A covered viewing area overlooks a 220' x
140' irrigated GGT all-weather arena. This property is complete
with 5 paddocks and a 60ft round pen w/ all-weather footing. Don't
miss the opportunity to own this thoughtfully designed stable
perfect for any equestrian.
Unit Size
3,039 Ft²
Days on Market
94 days
Land Size
5.00 acres
Price per sqft
$1,810
Property Type
House
Property Taxes
$2,614
HOA Dues
-
Year Built
2014
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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%.
How much can I actually make?
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.
Last updated: 4 months ago (Beaches MLS #R10779250)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 7, 2022 | Sold | ||
| Sold | |||
| Feb 24, 2022 | Listed by Illustrated Properties LLC (We | $5,500,000 | |
| Listed by Illustrated Properties LLC (We | |||
| Jun 8, 2021 | Sold | ||
| Sold | |||
| Jan 15, 2021 | Listed by Engel & Volkers Wellington | $3,675,000 | |
| Listed by Engel & Volkers Wellington | |||
| | |||
|
Newly built sport horse farm with 20 stalls and a great location! Situated on 5+ acres in Palm Beach Point East, this beautiful farm has it all. Center aisle with concrete pavers, custom cedar wood tack and feed rooms, laundry room and an office/lounge with a full bathroom, all with tasteful finishes. The arena measures 220x140 and is fully irrigated, with high quality GGT footing and a lovely viewing gazebo. The facility also has a round pen, 8 grassy paddocks and Rv Hookup. The barn comes with 2 amazing apartments, 2/2 and 2/1, suitable for a trainer or owner. With hacking distance to the show grounds, this is an optimal spot for the true equestrian, whether it is to be used as an income producing property or for your self.
| |||
| Dec 1, 2020 | Sold | ||
| Sold | |||
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About Palm Beach Point East
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Listed by: Rodolfo A Maya
Illustrated Properties LLC (We
Last Updated: 4 months ago
Data Source: Beaches MLS, MLS# R10779250
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
Illustrated Properties LLC (We
Last Updated: 4 months ago
Data Source: Beaches MLS, MLS# R10779250
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017