16688 Rustic Road, Wellington, FL 33470 — MLS photo

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16688 Rustic Road, Wellington, FL 33470

Active · SingleFamilyResidence

$1,100,000

16688 Rustic Road, Wellington, FL 33470

Beds
4
Baths
3
Living area
2,019 sq ft
$ / sq ft
$545/sq ft
Year built
1994
Lot size
—
HOA fee
—
Annual tax
—

About this property

Discover the perfect canvas for your equestrian dream home in 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 bespoke mansion tailored to the most discerning tastes. Included in this offering is a 2,986 sq ft home, ready to be transformed into a stunning residence that epitomizes luxury and comfort. Envision adding personalizes stables and paddocks, creating an idyllic environment for both horse and rider. The land is adorned with majestic 40-Year-old Florida native fruit trees, a serene pond, and tranquil surroundings that promise a peaceful retreat from the bustling world.

Property location

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16688 Rustic Road, Wellington, FL 33470

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Facts & features

Interior

Bedrooms
4
Bathrooms
3
Living area
2,019 sq ft

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1994

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$0
County
Palm Beach
MLS listing ID
B26021678
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

-$1,605

Cap rate
3.9%
Net yield
3.9%
Cash-on-cash return
-6.3%
Gross yield
7.3%
Mortgage payment
$5,215/mo
Down payment
$275,000
Loan amount
$825,000
Annual NOI
$43,317

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