tomo logo

$1,600,000

Beds
4
Baths
2.5
sq ft
2,019

16688 Rustic Rd, Wellington, FL 33470

16688 Rustic Rd

Wellington, FL 33470

  • 215 days on market
Discover the perfect canvas for your equestrian dream home in the highly coveted Rustic Ranches subdivision of Wellington. This exceptional property spans 5 acres of prime equestrian land, offering a unique opportunity to design and build a bespoke mansion tailored to the most discerning tastes. Included in this offering is a 2,986 sqft home, ready to be transformed into a stunning residence that epitomizes luxury and comfort.Envision adding personalized stables and paddocks, creating an idyllic environment for both horse and rider. The land is adorned with majestic 40-year-old Florida native trees, a serene pond, and tranquil surroundings that promise a peaceful retreat from the bustling world.

Details

Property type

Single Family Residence

Est. home value

$823,619

Lot size

Unknown

Price per sq ft

$793

Year built

1978

Annual property taxes

$4,726

Price History

04/26/2024
Beaches

Beaches #R10981854

Listed
$1,600,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

American Advisors Group

Loan start date

September 2021

Original loan amount

$1,110,000

Est. remaining balance

Not provided

Interest rate

2.29%

Loan type

Reverse Mortgage (Home Equity Conversion Mortgage)

Seller

Cecilia L Molina

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/26/2024 at 9:30 PM

Listing updated: 09/30/2024 at 5:12 PM

Listed by: Christopher Moyssidis, Douglas Elliman Phone #: (561) 655-8600

MLS: Beaches #R10981854

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