When was property at 5281 Laredo Way built and last sold?

The property at 5281 Laredo Way was built in and last sold on Jul 11, 2023 for $4,800,000.

How much is this home worth?

The estimated value of the home located at 5281 Laredo Way is $6,565,000.

What are some comparable homes to 5281 Laredo Way?

There are currently no comparable homes to 5281 Laredo Way.

Wellington

33449

5281 Laredo Way

Sold on Jul 19, 2023

Map

$4,800,000

● Land - Off Market

5281 Laredo Way

Wellington, FL 33449

Studio

0 Bath

$5,235,675

RealtyHop Estimate

-0.27%

Since Aug 1, 2023

National-US

Primary Model

About This Property

Outstanding opportunity to build on 13+ acres of cleared, high & dry land in the private gated equestrian community of Wellington Preserve. Enjoy the convenience of paved roads, underground electric and city water, while embracing the feeling of wide open space. Don't miss the chance to build your home and equestrian dream!

Unit Size

Days on Market

42 days

Land Size

13.36 acres

Price per sqft

Property Type

Land

Property Taxes

$4,163

HOA Dues

$470

Year Built

Payment Calculator

Cap Rate Calculator

Last updated: 3 months ago (Beaches MLS #R10828904)

Price History

Date / Event	Date	Event
Jun 23, 2026	Sold	Premium
Sold
May 27, 2026	In contract	-
In contract
May 18, 2026	Listed by Douglas Elliman	$6,500,000
Listed by Douglas Elliman

	An opportunity to build your dream equestrian estate in the prestigious gated community of Wellington Preserve. One of the last remaining parcels with exceptional flexibility and potential, this offering combines 10.2343 acres and 3.1296 acres for a spectacular 13+ acre estate parcel or the property may be re-platted into two separate lots of approximately 6+ and 7+ acres. High and dry with paved road access, city water, and sewer already available, the land is cleared and ready for development. Ideally located in one of Wellington's premier private equestrian communities. This property offers the perfect setting to create a custom equestrian compound, luxury residence, barns, arenas, and riding facilities just minutes from world-class equestrian venues, dining, and shopping. A truly exceptional opportunity with endless possibilities in the heart of Wellington's equestrian lifestyle.
Jun 2, 2024	No longer available	-
No longer available
Nov 7, 2023	Listed by Douglas Elliman Florida LLC	$5,600,000
Listed by Douglas Elliman Florida LLC

	Prime lot to build your dream equestrian facility. This is one of the last remaining lots with some unique features. Combine the 10.2343 and 3.1296 acres into one outstanding lot, or re-plat and create two lots of 6+ and 7+ acres. This land is high and dry with paved roads and city water and sewer. This land is clear and ready to build.
Jul 21, 2023	Sold	Premium
Sold
Sep 1, 2022	Listed by Keller Williams Realty - Wellington	$5,250,000
Listed by Keller Williams Realty - Wellington
Jul 30, 2022	No longer available	-
No longer available
Jun 29, 2022	Relisted	$5,250,000
Relisted
Jun 23, 2022	No longer available	-
No longer available
May 4, 2022	Relisted	$3,200,000
Relisted
Apr 11, 2022	No longer available	-
No longer available
Mar 28, 2022	Listed by Keller Williams Realty - Welli	$5,250,000
Listed by Keller Williams Realty - Welli

	Excellent opportunity to own 13+ acres of cleared, high & dry land in Wellington Preserve. Enjoy the convenience of paved roads, underground electric and city water, while embracing the feeling of wide open space. The community offers a gated entry for added privacy & equine hacking trails for a genuine Equestrian experience.
Dec 15, 2021	No longer available	-
No longer available
Nov 5, 2021	Listed by Keller Williams Realty - Welli	$3,200,000
Listed by Keller Williams Realty - Welli

	Excellent opportunity to own 10.23 acres of cleared, high & dry land in Wellington Preserve. Enjoy the convenience of paved roads, underground electric and city water, while embracing the feeling of wide open space. For added privacy the property boarders water to the North & West, while the community offers a gated entry and hacking trails for an Equestrian experience.
Mar 19, 2021	Sold	Premium
Sold
Oct 31, 2020	No longer available	-
No longer available
Aug 14, 2020	Price Decreased	$1,500,000 ↓ $1M (42.3%)
Price Decreased
Aug 13, 2020	Listed by Keller Williams Realty - Wellington	$2,600,000
Listed by Keller Williams Realty - Wellington
Aug 9, 2020	No longer available	-
No longer available
Mar 9, 2020	Price Decreased	$1,550,000 ↓ $200K (11.4%)
Price Decreased
Nov 3, 2019	Listed by Engel & Volkers Wellington	$1,750,000
Listed by Engel & Volkers Wellington

	5 Acres in Wellington Preserve. Ready to build! Call LA for additional information .
Oct 21, 2019	Sold	Premium
Sold
Jun 19, 2019	Listed by Keller Williams Realty - Wellington	$2,915,550
Listed by Keller Williams Realty - Wellington
Feb 4, 2015	Sold	Premium
Sold
Nov 5, 2014	Listed by Jenkins Realty Inc.	$1,841,400
Listed by Jenkins Realty Inc.

	This community is being developed with equestrian and residential uses. There are no requirements to build a home. No Association fees have been charged yet because gate and entry landscaping are just being completed. HOA fee is estimated. Developer owned lots are sold out. Listing includes 2 lots which total 10.23 acres. Adjacent 3.14 acres and 10 acres to the south are also available.

Property Highlights

Building Info

Overview

General

Bedroom Count: 0

Building Condition: 0
Building Quality: 0
Construction Type: 0
Building Style: 0
Exterior Walls Type: 0
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 0
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 0
Parking Space Count: 0
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 445,806

Lot Size Depth Feet: 21,300
Lot Size Frontage Feet: 1,070
Total Building Area: 0
Building Area: 0

Heating and Cooling

Air Conditioning: 0

Heating: 0
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: F
Subdivision: WELLINGTON PRESERVE
Land Acres: 0000010234
Standard Land Use Code: 4017
County Land Use Code: 6800
Legal Description 1: WELLINGTON PRESERVE LTS 9 & 10 BLK B

Neighborhood

School District Name: Palm Beach County School District

Census Tract: 007771

Zoning

Zoning: PUD

Geography

Parcel: 73-41-44-34-01-002-0090

Block: B
Lot: 9,10
Meridian: SEC 34 TWN 44S RNG 41E
Municipality: WELLINGTON
Latitude: 26.5968
Longitude: -80.2496

Address

Full Address: 5281 Laredo Way

Address - House Number: 5281
Address - Street Name: Laredo
Address - Suffix Type: Way
State: FL
City Name: Wellington
Zip Code: 33449

Valuation

Tax

Tax Year: 2023

Tax Amount: $834,967
Initial Tax Delinquent Year: 2023
Tax Rate Code Area: 73486

Market Valuation

Market Total Value: $2,579,402

Market Land Value: $2,579,402

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $307,029

Sales

Current Sale Contract Date: Jul 11, 2023

Current Sale Recording Date: Jul 21, 2023
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 250362
Previous Sale Recording Date: Mar 19, 2021
Previous Sale Contract Date: Mar 16, 2021
Previous Sale Amount: $2,500,000
Previous Sale Document Type: 71

Data used for valuation calculations is provided by RealtyHop, and other third party sources

Request mortgage information redaction

Comparables

About Wellington

Stats & Trends

Median Asking:

$725,000

Sale Price/ft²

$330

Above Asking

0.92%

Average Days on Market

Average Home Size

2929 ft²

Average Home Age

29.7 years

Currently For Sale

399 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 11231 Ira Lane, Lake Worth, FL, 33449

$9,500 /mo

1 Bed
1 Bath
5,221 ft²

11231 Ira Lane, Lake Worth, FL, 33449 Listing by Lindsay Strafuss

Unit for rent at 5446 Reynolds Road, Lake Worth, FL, 33449

$9,500 /mo

5 Beds
3 Baths
3,329 ft²

5446 Reynolds Road, Lake Worth, FL, 33449 Listing by Raquel M Crowe

Unit for rent at 4017 Bluff Harbor Way, Wellington, FL, 33449

$9,000 /mo

4 Beds
2 Baths
2,160 ft²

4017 Bluff Harbor Way, Wellington, FL, 33449 Listing by Raquel M Crowe

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Luis J Rodriguez
Keller Williams Realty - Wellington
Last Updated: 3 months ago
Data Source: Beaches MLS, MLS# R10828904

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.