by Global Lifestyle Properties

See Home Value
$820,000
● House - Off Market

7967 Palencia Way

Delray Beach, FL 33446
bedrooms
3 Beds
bathrooms
3 Baths
square feet
3,100 Ft²
$1,138,475
RealtyHop Estimate
27.20%
Since Mar 1, 2021
National-US
Primary Model

About This Property

TRUE PRIDE OF OWNWERSHIP! Only every so often does a RARE offering like this come along... This European/Mediterranean jewel-box of a home truly exudes taste & charm. Situated on an oversized, corner/end-of-cul-de-sac lot in the desirable ''village'' of Palencia, this 3-BR + den/office, 3-BA estate sits on meticulously maintained lakefront grounds replete with specimen trees & plantings; a heated resort-style saline pool & spa; & a spacious & elegant paver patio and covered lanai. The ultimate privacy seeker's refuge: Enjoy a lush, unusually expansive side yard and interior garden with elegant four-tiered fountain, which creates a dramatic focal point from the interior of the home, as well. A fragrant Ylang Ylang tree, Gardenias, Hibiscus and Bird of Paradise accentuate the landscape. Fully gated yard boasts state-of-the-art landscape lighting & hidden surround sound systems. Watch the water fowl dive into the lake and enjoy majestic sunsets while you luxuriate in a pool accented by a lion-head water feature and carved rosettes and tranquil spillover waterfall from the raised spa.

Behold a jasmine-latticed espalier as you enter a chandelier-ed grand foyer that beckons you into a the dramatic living space exalted by a volume, triple-trayed ceiling and Palladian & bay-styled windows. Highly polished Saturnia flooring leads you past a sunken bar area; dining area; & eat-in, gourmet kitchen...& into a refined living room accented by custom, wooden, built-in cabinetry. Special attention was taken in selecting all the exquisite LED lighting/fixtures/sconces/switches; paddle fans; & window treatments.

Just off to the side is an executive office with gorgeous coffered ceiling, custom valances and drapes. AT&T Fiber Optic Cable deployed & connected inside all of house and directly to Office for uninterrupted connectivity, and blazing fast download and upload speeds. Sonance Surround Sound System in living areas & Sonance Outdoor Surround audio system for pool, patio and landscape controlled through SONOS.

A well appointed master bedroom suite includes motorized Roman shades, custom valances and drapes. His and hers fitted closets and master bath with dual sinks; Jacuzzi tub; separate water closet with toilet & bidet; separate mosaic-tiled shower -- punctuated by an elegant coral chandelier. The front, third bedroom has 3 Palladian-style, high impact windows installed with custom-fitted Plantation shutters.

IMMACULATE 2-car garage also has installed LED panel lighting

& has a designated space for a golf cart.  High-end impact garage door is key coded and also on WiFi and can be operated by smartphone via an app.

***WHOLE-HOUSE Generac 45KW generator supplied by 1,000 gallon underground propane tank.***

The list of upgrades is too numerous to include here. ***PLEASE REFER TO DETAILED FEATURES SHEET uploaded as a standalone document in this listing.***

NOTE: This home sells with the lower priced $55K "Sports Membership," but upgrading to the "Golf Membership" may be possible.

--All measurements/info herein is deemed accurate, but neither warranted by Sellers or Broker.--
Unit Size
3,100 Ft²
Days on Market
62 days
Land Size
0.30 acres
Price per sqft
$289
Property Type
House
Property Taxes
$544
HOA Dues
$442
Year Built
2000

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Last updated: 6 months ago (Beaches MLS #R10677844)

Price History

Date / Event Date Event Price
May 5, 2023 Sold
Sold
Oct 10, 2022 Listed by Lang Realty/BR $1,545,000
Listed by Lang Realty/BR
Feb 16, 2021 Sold
Sold
Dec 12, 2020 Listed by Lang Realty/BR $895,000
Listed by Lang Realty/BR
Apr 29, 2011 Sold
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 16
  • Roof Cover Type: 4
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 588
  • Parking Space Count: 2
  • Patio Type: 14
  • Porch Type: 7
  • Pool Type: 8
  • Location Influence Type: 224

    Dimensions

  • Lot Size Square Feet: 13,081
  • Total Building Area: 4,014
  • Gross Building Area: 4,014
  • Building Area: 3,100
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 3,100
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ADDISON RESERVE PAR 14
  • Land Acres: 0000000300
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: ADDISON RESERVE PAR 14 LT 18

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 005937

Zoning

  • Zoning: RTS

Geography

  • Assessors Map Reference: 346F
  • Parcel: 00-42-46-28-17-000-0180
  • Lot: 18
  • Meridian: SEC 28 TWN 46S RNG 42E
  • Municipality: UNINCORPORATED
  • Latitude: 26.4279
  • Longitude: -80.1707

    Address

  • Full Address: 7967 Palencia Way
  • Address - House Number: 7967
  • Address - Street Name: Palencia
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Delray Beach
  • Carrier Code: R012
  • 4-Digit Zip Code: 4407
  • Zip Code: 33446

Valuation

    Tax

  • Total Area: 3,440
  • Tax Year: 2023
  • Tax Amount: $1,528,058
  • Tax Rate Code Area: 355

    Appraisal Valuation

  • Standard Deviation: 0.1982
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 73
  • Final Value: 1,475,783
  • High Value: 1,768,401
  • Low Value: 1,183,165

    Market Valuation

  • Market Total Value: $1,094,044
  • Market Land Value: $399,348
  • Market Improvement Value: $694,696

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $781,105

    Sales

  • Current Sale Contract Date: May 01, 2023
  • Current Sale Recording Date: May 05, 2023
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 151939
  • Previous Sale Recording Date: Feb 16, 2021
  • Previous Sale Contract Date: Feb 12, 2021
  • Previous Sale Amount: $820,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Addison Reserve


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Frequently Asked Questions

When was property at 7967 Palencia Way built and last sold?
The property at 7967 Palencia Way was built in 2000 and last sold on May 1, 2023 for $1,225,000.
How much is this home worth?
The estimated value of the home located at 7967 Palencia Way is $0.
What are some comparable homes to 7967 Palencia Way?
There are currently no comparable homes to 7967 Palencia Way.