11780 Otter Run, Lake Worth, FL 33449 — MLS photo

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11780 Otter Run, Lake Worth, FL 33449

Active · SingleFamilyResidence

$6,495,000

11780 Otter Run, Lake Worth, FL 33449

Beds
5
Baths
5
Living area
5,629 sq ft
$ / sq ft
$1,154/sq ft
Year built
2016
Lot size
219,542 sq ft
HOA fee
$200 Monthly
Annual tax
$25,507

About this property

Custom-Built Contractor's Dream Equestrian Estate - Designed for Living, Built to Last. This is not your average home—this is a custom-built masterpiece crafted by a professional contractor for his own family, with no shortcuts taken and no detail overlooked. Every inch of the property reflects superior craftsmanship and the kind of quality you only get when the builder is also the owner. This beautiful 5-acre equestrian estate is located within minutes to all of Wellington's equestrian venues! Featuring 5 bedrooms plus office, 5 bathrooms and 5629 square feet of meticulously designed living space, this home blends functionality with luxury. From the moment you step inside, you'll notice the thoughtful floor plan and custom features throughout. The gourmet kitchen is a chef's dream, complete with 2 oversized islands, custom cabinetry, premium appliances, granite countertops and a walk-in pantry. The spacious primary suite includes custom wood beams in the ceiling detail, 2 walk in closets and a spa like bathroom with a 2 person jetted tub with heater, 2 separate vanities, steam shower with 2 shower heads, an additional rain shower head, 8 body sprays & 2 folding mahogany seats. The outdoor marble paver screened patio features a heated pool with waterfall, sun shelf as well as a beach entrance. Enjoy a BBQ in the outdoor kitchen fully equipped with a grill, hood, stainless steel cabinets and appliances and even accented with a exterior gas fireplace. The stable features 7 - 14'x14' stalls (with room and plans to expand up to 12 stalls) 3 wash stalls, a large air-conditioned feed room, separate air conditioned tack room with 1/2 bath and laundry room as well as an oversized storage garage with loft and two 14' doors, perfect for RVs & horse trailers. The arena boats 175' x 185' with GGT footing.

Property location

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11780 Otter Run, Lake Worth, FL 33449

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Facts & features

Interior

Bedrooms
5
Bathrooms
5
Living area
5,629 sq ft
Flooring
Ceramic Tile, Hardwood, Marble, Tile, Wood
Appliances
Some Gas Appliances, Built In Oven, Dryer, Dishwasher, Electric Range, Electric Water Heater, Freezer, Disposal, Gas Range, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Water Softener Owned, Self Cleaning Oven, Water Softener, Washer
Cooling
Central Air, Ceiling Fans, Electric
Heating
Central, Heat Pump, Heat Strip
Interior features
Wet Bar, Built In Features, Bedroom On Main Level, Breakfast Area, Bathtub, Closet Cabinetry, Dining Area, Separate Formal Dining Room, Dual Sinks, Garden Tub Roman Tub, High Ceilings, Jetted Tub, Kitchen Island, Main Level Primary, Sitting Area In Primary, Split Bedrooms, Shower Only, Bar, Walk In Closets, Bay Window, Pantry

Exterior & Structure

Property type
SingleFamilyResidence
Year built
2016
Stories
1
Lot size
219,542 sq ft
Architectural style
Mediterranean, Ranch, One Story
Roof
Concrete, Tile
Construction
CBSConcrete Block Structure, Block, Stone, Stucco
Exterior features
Balcony, Fence, Fruit Trees, Outdoor Grill, Porch, Patio
Pool
Free Form, Gunite, Heated, Other, Pool Equipment, Pool, Private, Screen Enclosure
View
Other, Water

Parking

Garage spaces
2
Covered spaces
2
Parking features
Attached, Driveway, Garage, Two Or More Spaces, Garage Door Opener

HOA, Community & Financials

Association fee
$200 Monthly
Fee inclusions
Cable Tv
Amenities
Pool, Guard
Security
Closed Circuit Cameras, Fire Alarm, Gated With Guard, Lobby Secured, Smoke Detectors, Security System
Pets allowed
No
Annual tax
$25,507
Subdivision
HOMELAND
County
Palm Beach
Days on market
380
MLS listing ID
R11130028
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$11,710

Cap rate
3.5%
Net yield
3.5%
Cash-on-cash return
-7.7%
Gross yield
5.2%
Mortgage payment
$30,790/mo
Down payment
$1,623,750
Loan amount
$4,871,250
Annual NOI
$228,952

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.