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$7,500,000

Beds
5
Baths
4.0
sq ft
3,781

2389 King Ter, Wellington, FL 33414

2389 King Ter

Wellington, FL 33414

  • 30 days on market
This 6-acre equestrian estate in Saddle Trail, is a top-tier facility for the professional equestrian, featuring 3 premium barns, with 14,10 & 6 stalls respectively. All have extensive wash/groom stalls, feed rooms and tack rooms and feature Rower & Rub stalls. This facility comes with a solid lease income history. The arena is 115' x 215' fiber mix underground irrigation with an adjacent 1 acre+ turfed grand prix field providing the ultimate in home site training. The 5 bedroom 3.5 bath pool home has a dedicated entrance. In total the property has 4 different entrances and great flow.The owners lounge with bathroom & kitchen provides a large social space. 7 large irrigated paddocks and a Kraft 6 horse covered walker. Property sits on the horse trail and is a true 15 min hack to WEF.

Details

Property type

Single Family Residence

Est. home value

$6,771,119

Lot size

4.09 acres

Price per sq ft

$1,984

Year built

1988

Annual property taxes

$41,382

HOA

Yes

Price History

10/28/2024
Beaches

Beaches #R11032697

Listed
$7,500,000
-11.76%
10/22/2024
Beaches

Beaches #R10933775

Removed
$8,500,000
11/02/2023
Beaches

Beaches #R10933775

Listed
$8,500,000
+198.25%

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

Malvern Bank Na

Loan start date

December 2019

Original loan amount

$500,000

Est. remaining balance

Not provided

Interest rate

3.75%

Loan type

Stand Alone Second

Seller

King Terrace Llc

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 7:40 PM

Listing updated: 11/08/2024 at 8:20 AM

Listed by: Kirsten Kopp, Kirsten Kopp Real Estate Phone #: (404) 713-4011

MLS: Beaches #R11032697

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