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15635 Palma Lane, Wellington, FL 33414

$5,920,000

Property Type: Residential Bedrooms: 3 Baths: 5 Square Footage: 7,368 Status: Closed

Current Price: $5,920,000 List Date: 7/06/2015 Last Modified: 1/12/2026

Description

10.95 acre equestrian estate home in a gated Palm Beach Point, hacking distance to Grand Prix Village & WEF Showgounds. 12 Stall barn(can have up to 24). Spacious main residence w/3 bedroom suites, all opening to the heated pool & patio. Beautifully appointed with custom kitchen cabinetry, oversized butler's pantry, wide-plank wood floors, granite & marble finishes, wood beamed ceilings & a fireplace. The European courtyard Style stable was completely updated in 2014 - all new stall fronts, doors, brick paver aisle ways & center courtyard, exterior window shutters and 3 new wash racks. Above the barn are two, 1BR/1Bth grooms apartments with a shared balcony. There is an additional CBS constructed 100' x 60' outbuilding - easily converts to a custom designed center-aisle barn.

Supplements: This out-building could also house a work shop, RV, work out room or offer additional space for the car collector. It currently has additional stalls using portable European style systems. There is a beautiful 300' X 200' riding arena with great drainage and footing. The property lends its self perfectly for constructing a covered riding arena. There are 10 large grass paddocks, 2 of which are run-outs from stalls and a round pen. The property has separate entrances for the residence and stables. The private cul-de-sac location on the bridle path, is priceless. There are endless possibilities for this one of a kind property, its a must see to appreciate. It currently produces over $220,000 a year in gross income. The entire exterior of the house, stable and outbuilding were repainted in 2014. The property would easily be approved for up to 24 stalls. If you're looking for wonderful amenities, privacy, and a great location in close proximity to the show this is the property to see! A simple 1/2 Mile hack by bridle path to Grand Prix Village and WEF

More Information MLS# R10149364

Contract Information

Comp Sale YN: No Listing Date: 2015-07-06 Status: Closed Original List Price: 6800000 Sold Price: $5,920,000 Current Price: $5,920,000

Location and Legal

County Or Parish: Palm Beach County Parish Name: Palm Beach City Name: Wellington Postal Zip: 33414 Development Name: Palm Beach Point Geographic Area: PB24 Special Assessment YN: No Street Number: 15635 Street Name: Palma Street Suffix: Lane State Or Province: FL Postal Code: 33414 Subdivision Name: PALM BEACH POINT Area: 5520 Elementary School: New Horizons Middle Or Junior School: Polo Park High School: Wellington Parcel Number: 73414419010070020 Zoning: Residential Directions: Greenbriar to Palm Beach Point Blvd. through gate right onto Palma Lane. Property on the right.

General Property Information

Unit Floor #: 1 Living Area Main: 5078 Lot Size Dimensions: 10.95 Acres Lot Size Area: 476982 Senior Community YN: No Outdoor Living Spaces YN: Yes Furnished: Unfurnished Stories Total: 1 Stories: 1 Fireplace YN: Yes Pool Private YN: Yes Equestrian Features YN: Yes Property Sub Type: Single Family Residence Bedrooms Total: 3 Bathrooms Total: 5 Bathrooms Full: 3 Bathrooms Half: 2 Building Area Main: 7368 Building Area Source: Other Year Built: 1996 Garage YN: 1 Attached Garage YN: 1 Garage Spaces: 3 Covered Spaces: 3 Lot Size Acres: 10.95 Waterfront YN: 1 Direction Faces: South

Financial Information

Application Required YN: Yes Association Membership: Mandatory Membership Fee Required YN: No Association YN: 1 Association Fee: 225 Association Fee Frequency: Monthly Tax Annual Amount: 27413.3 Tax Year: 2014 Tax Legal Description: PALM BEACH POINT LTS 2 & 3 BLK 7

Office/Member Information

DXORIGMLSID: RML

Status Change Information

Buyer Financing: Cash Major Change Timestamp: 2016-05-12T18:03:07Z Major Change Type: Status Change Status Change Date: 2016-05-12 Under Contract Date: 2016-03-01 Close Date: 2016-05-05 Close Price: 5920000

Application Fee Details

Application Fee Required: Yes Application Fee: 250

Association Fee Includes

Common Areas: 1 Security: 1

Dining Area

Breakfast Area: 1 Formal Dining: 1 Kitchen Dining: 1 Snack Bar/Counter: 1

Electric

Three Phase: 1

Equestrian Details

Number of Barns: 2 Number of Stalls: 24

Equestrian Features

Boarding Facilities: 1 Feed Room: 1 Grooms Quarters: 1 Office: 1 Owners Apartment: 1 Paddocks: 1 Pasture: 1 Regulation Dressage: 1 Riding Trail: 1 Ring: 1 Stable(s): 1 Tack Room: 1 Wash Rack: 1 Water and Electric: 1

Exterior Features

Awning(s): 1 Pool Bathroom: 1

Flooring

Ceramic Tile: 1 Marble: 1 Wood: 1

Guest House Area Details

Building Area Guest House: 1425

Guest House Features

2 Baths: 1 2 Bedrooms: 1 Kitchen: 1 Living Room: 1 Patio: 1

Parking Features

Circular Driveway: 1 Garage Door Opener: 1 RV Access/Parking: 1 Attached Garage: 1 Detached Garage: 1 Garage: 1

Property Condition

Resale: 1

Short Sale Details

Short Sale Addendum: No

Fencing

Fenced: 1

Other Structures

Barn(s): 1 Outbuilding: 1

Possession

Close Of Escrow: 1 Negotiable: 1

Sewer

Septic Tank: 1

Special Information

Sold As-Is: 1

Utilities

Cable Available: 1 Water Available: 1

View

Pool: 1

Heating

Central: 1 Zoned: 1

Sprinkler Description

Auto Sprinkler: 1

Window Features

Blinds: 1 Plantation Shutters: 1

Appliances

Dishwasher: 1 Dryer: 1 Refrigerator: 1 Washer: 1 Water Heater: 1

Construction Materials

CBS: 1

Interior Features

Bedroom Layout - Split: 1 Built-in Features: 1 Cabana Bath: 1 Cathedral Ceiling(s): 1 Closet Cabinetry: 1 Entrance Foyer: 1 French Doors: 1 High Ceilings: 1 Kitchen Island: 1 Pantry: 1 Roman Tub: 1 Storage: 1 Vaulted Ceiling(s): 1 Walk-In Closet(s): 1

Laundry Features

Inside: 1 Laundry Closet: 1 Laundry Tub: 1 Washer Hookup: 1

Listing Terms

Cash: 1 Conventional: 1

Other Equipment

Fuel Tank(s): 1

Pool Features

Heated: 1 In Ground: 1 Pool Bath: 1

Roof

Metal: 1

Security Features

Gated with Guard: 1 Security Guard: 1 Security System: 1 Security System Owned: 1 Smoke Detector(s): 1

Water Source

Well: 1

Water Heater Details

Electric Water Heater: 1

Water Softener Details

Water Softener Owned: 1

Architectural Style

European: 1 Mediterranean: 1

Cooling

Central Air: 1 Zoned: 1

Showing Requirements

Appointment Only: 1 Call Listing Agent: 1 Listing Agent Must Accompany: 1 See Remarks: 1

Master Bedroom/Bath

2 Master Baths: 1 Master Bdrm - Ground: 1 Separate Shower: 1 Separate Tub: 1 Whirlpool Tub: 1

Pets Allowed YN

Yes: 1

Restrictions

Buyer Approval Required: 1

Storm Protection

Permanent Generator: Whole House

Tax Information

Agricultural Exemption: 1 City/County: 1 Homestead Exemption: 1

Showing Details

Pet(s) on Premises: Yes

Outdoor Living Spaces

Patio: 1

Patio Details

Patio - Covered: 1 Patio - Open: 1

Contingencies

None: 1

Room Types

Bedroom 2: 1 Bedroom 2 Level: First Bedroom 3: 1 Bedroom 3 Level: First Bedroom 4: 1 Bedroom 4 Level: First Den: 1 Dining Room: 1 Dining Room Level: First Kitchen: 1 Kitchen Level: First Laundry: 1 Living Room: 1 Living Room Level: First Maid/In-Law Quarters: 1 Master Bedroom: 1 Master Bedroom Level: First Utility Room: 1

Price Calculations

Current Price To SqFt: 1165.81 Original List Price To Close Price: 1.14

Acreage Description

5 To Less Than 10 Acre Lot: 1 10 Or More Acre Lot: 1

Originating Details

Originating System Key: 20150704141603403527000000 Originating System ID: M00000170

Property Features

Association Fee Includes: Common Areas; Security Dining Area: Breakfast Area; Formal Dining; Kitchen Dining; Snack Bar/Counter Electric: Three Phase Equestrian Features: Boarding Facilities; Feed Room; Grooms Quarters; Office; Owners Apartment; Paddocks; Pasture; Regulation Dressage; Riding Trail; Ring; Stable(s); Tack Room; Wash Rack; Water and Electric Exterior Features: Awning(s); Pool Bathroom Flooring: Ceramic Tile; Marble; Wood Guest House Features: 2 Baths; 2 Bedrooms; Kitchen; Living Room; Patio Parking Features: Circular Driveway; Garage Door Opener; RV Access/Parking; Attached Garage; Detached Garage; Garage Property Condition: Resale Appliances: Dishwasher; Dryer; Refrigerator; Washer; Water Heater Water Heater Details: Electric Water Heater Water Softener Details: Water Softener Owned Architectural Style: European; Mediterranean Construction Materials: CBS Cooling: Central Air; Zoned Fencing: Fenced Heating: Central; Zoned Interior Features: Bedroom Layout - Split; Built-in Features; Cabana Bath; Cathedral Ceiling(s); Closet Cabinetry; Entrance Foyer; French Doors; High Ceilings; Kitchen Island; Pantry; Roman Tub; Storage; Vaulted Ceiling(s); Walk-In Closet(s) Laundry Features: Inside; Laundry Closet; Laundry Tub; Washer Hookup Listing Terms: Cash; Conventional Other Equipment: Fuel Tank(s) Other Structures: Barn(s); Outbuilding Pets Allowed YN: Yes Pool Features: Heated; In Ground; Pool Bath Possession: Close Of Escrow; Negotiable Restrictions: Buyer Approval Required Roof: Metal Security Features: Gated with Guard; Security Guard; Security System; Security System Owned; Smoke Detector(s) Sewer: Septic Tank Special Information: Sold As-Is Sprinkler Description: Auto Sprinkler Tax Information: Agricultural Exemption; City/County; Homestead Exemption Utilities: Cable Available; Water Available View: Pool Water Source: Well Window Features: Blinds; Plantation Shutters Showing Requirements: Appointment Only; Call Listing Agent; Listing Agent Must Accompany; See Remarks Outdoor Living Spaces: Patio Patio Details: Patio - Covered; Patio - Open Contingencies: None Room Types: Bedroom 2; Bedroom 3; Bedroom 4; Den; Dining Room; Kitchen; Laundry; Living Room; Maid/In-Law Quarters; Master Bedroom; Utility Room Acreage Description: 5 To Less Than 10 Acre Lot; 10 Or More Acre Lot

Room Information

Living Room Length: 38.00 Length: 38.00 Width: 25.00 Width: 25.00 Level: First Dining Room Length: 21.00 Length: 21.00 Width: 14.00 Width: 14.00 Level: First Kitchen Length: 19.00 Length: 19.00 Width: 16.00 Width: 16.00 Level: First Master Bedroom Length: 21.00 Length: 21.00 Width: 17.00 Width: 17.00 Level: First Bedroom 2 Length: 15.00 Length: 15.00 Width: 14.00 Width: 14.00 Level: First Bedroom 3 Length: 14.00 Length: 14.00 Width: 14.00 Width: 14.00 Level: First Bedroom 4 Length: 20.00 Length: 20.00 Width: 14.00 Width: 14.00 Level: First Laundry Maid/In-Law Quarters Utility Room Den

Listing Office: Engel & Volkers Wellington

Last Updated: January - 12 - 2026

15635 Palma Lane, Wellington, FL 33414- MLS# R10149364

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