16219 Hollow Tree Lane, Wellington, FL 33470 — MLS photo

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16219 Hollow Tree Lane, Wellington, FL 33470

Active · SingleFamilyResidence

$6,300,000

16219 Hollow Tree Lane, Wellington, FL 33470

Beds
3
Baths
4
Living area
6,296 sq ft
$ / sq ft
$1,001/sq ft
Year built
2024
Lot size
217,931 sq ft
HOA fee
—
Annual tax
$22,487

About this property

Priced below cost!! Owner financing available! Newly built, architecturally impressive, 5-acre equestrian farm is ready to fulfill your equestrian dreams. A planned covered riding arena of 120 ft x 250 ft is prepped and ready in less than 90 days at an estimated cost of $650,000. All the foundation concrete work and permits have been completed. This peaceful equestrian estate details include an all-custom 14-stall barn with 8 oversized walk-out paddocks, adjacent manure bin and 2 bay garage, fabulous 1558 sq ft caretaker house, impressive 3 bay garage with 755 sq ft second story finished studio, 120 x 250 sq ft Ebb and Flow all-weather fully fenced riding ring and separate lunging ring. The 14-stall barn includes a comfortable lounge and adjoining office with 2 tack rooms, laundry, and feed room plus an oversized hay-and-shavings room. The luxury barn features include Comfort Mats with a stall drainage system, Equi-faucets, brushed aluminum one-of-a-kind stall fronts, and Dutch doors with no maintenance. Pollywood. All 3 wash stalls, 2 grooming stalls, and 3 drying areas include rubber pavers and custom interlocking mats for your horse's safety. The fabulous brand-new Caretaker house details are 12 ft ceilings and exotic quartzite in custom kitchen overlooking an expansive porch, with a view of the riding ring. More potential with this amazing property is a 3482 sq ft original house that has been prepped with a Wellington-approved plan of a 5,553 sq ft professionally designed 3-car garage addition and remodel. The house is ready to start customizing all your luxurious ideas and features. Two separate gated entrances allow easy access for horse trailers and provide driveway access. Ideally located within hacking distance to the showgrounds and Wellington lifestyle. The hard work and below-cost construction have already been done with this wonderfully manicured and lushly landscaped farm. Your dreams are only steps away from being realized.

Property location

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16219 Hollow Tree Lane, Wellington, FL 33470

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Facts & features

Interior

Bedrooms
3
Bathrooms
4
Living area
6,296 sq ft
Appliances
Dishwasher, Electric Range, Refrigerator, Washer
Cooling
Central Air, Ceiling Fans
Heating
Central
Interior features
Bedroom On Main Level, French Doors Atrium Doors, High Ceilings, Main Level Primary, Walk In Closets, Pantry
Furnished
Unfurnished

Exterior & Structure

Property type
SingleFamilyResidence
Year built
2024
Stories
1
Lot size
217,931 sq ft
Roof
Composition, Shingle
Construction
Block
Exterior features
Fruit Trees, Patio
Pool
None

Parking

Garage spaces
3
Covered spaces
6
Parking features
Attached, Garage, Two Or More Spaces

HOA, Community & Financials

Pets allowed
No
Annual tax
$22,487
Subdivision
Rustic Ranches of Wellingt
County
Palm Beach
Days on market
230
MLS listing ID
R11160070
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

-$9,622

Cap rate
3.9%
Net yield
3.9%
Cash-on-cash return
-6.5%
Gross yield
5.5%
Mortgage payment
$29,865/mo
Down payment
$1,575,000
Loan amount
$4,725,000
Annual NOI
$242,919

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