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3601 Grand Prix Farms Drive, Wellington, FL, 33470

--beds
2baths
9,891sqft
$9,250,000
$935price/sqft
$59,561/moest. monthly cost
$2,382,440/yrincome needed

About This Home

Welcome to a fantastic equestrian opportunity in Grand Prix Village South-a prime location offering the epitome of convenience for the equestrian enthusiast! This exclusive property boasts direct bridle trail access to the WEF show grounds-a true privilege for those seeking unparalleled access to equestrian events. At the core of the property is a 225'x140' fully irrigated, lighted arena with a new GGT footing mix. Have the ultimate privilege of practicing in your own private arena and then walking straight to the show ring! Barn features include; aisle-ways with EquiTan poured rubber flooring by IDA, 24 permanent stalls, 12 grooming/flex stalls- customizable up to 36 stalls, 8 hot/cold wash stalls, 4 feed rooms, 4 tack rooms, 2 laundry rooms(8 washers/dryers), and 2 full bathrooms. Beyond the arena and stabling facilities, the property offers six well-maintained paddocks, providing ample turnout space for your equine companions. Practical considerations are not overlooked, with sufficient parking space for multiple large horse trailers, ensuring seamless logistics for transport. The barn structure itself is engineered with the future in mind, allowing for easy expansion to a second level if desired. A fire suppression system is already in place, meeting the necessary safety standards for potential living quarter expansion. This property has a proven track record of generating exceptional seasonal rental income, making it not only a dream location for personal use but also a savvy investment opportunity. With the recent approval for the Showgrounds expansion from the Village of Wellington, "Parcel F" will be a short, direct hack on the bridle path to the new and improved show facilities. Several permanent barns, FEI barns, vendor areas, parking, restaurant, schooling rings, covered arena, competition rings, Derby Field, and International Stadium are in the plans ( see photos/documents).

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
26
BikeSomewhat Bikeable

Schools

6/10
6/10
Wellington High SchoolGrades 9-121.9 mi
8/10
Polo Park Middle SchoolGrades 6-82.8 mi

Construction

Condition

  • Property condition: New Construction
  • New construction: Yes
  • Year built: 2015

Materials

  • Roof: Metal
  • Construction materials: Block,Stucco

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Electric Water Heater,Free-Standing Freezer,Refrigerator,Water Heater,Washer
  • Laundry features: Washer Hookup,Inside

Bedrooms & Bathrooms

  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 2

Features

  • Cathedral Ceiling(s),None,Storage,Vaulted Ceiling(s)
  • Flooring: Concrete,Other

Heating & Cooling

  • Heating features: Central,Other
  • Cooling features: Central Air,Ceiling Fan(s),Electric

Interior Area

  • Total structure area: 9,891
  • Total interior livable area: 9,891 sqft

Property

Details

  • Parcel number: 73414420180000010
  • Zoning: EOZD(c
  • Special condition: Listed As-Is
  • Horse amenities: Boarding Facilities,Hay Storage,Lounge,Office,Paddocks,Round Pen,Riding Ring,Riding Trail,SpraySystem,Stable(s)

Features

  • Levels: One
  • Stories: 1
  • Exterior features: Lighting
  • Fencing: Fenced
  • Has view: Yes
  • View description: Canal
  • Has water view: Yes
  • Water view: Canal
  • On waterfront: Yes
  • Waterfront features: Canal Front
  • Horses can be raised: Yes

Lot

  • Lot size: 3.03 Acres
  • Features: Sprinklers Automatic
  • Lot size dimensions: 134.0 ft x 0.0 ft

Parking

  • Parking features: Circular Driveway,Guest,Open
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Wildfire
    WildfireModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Inland Flooding
Heat Wave
Lightning
Wildfire
Tsunami

FEMA Declared Disasters in Palm Beach County and Florida

Flood
Hurricane
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $46,773$561,276
Home Insurance *$5,473$65,676
Property Taxes $6,320$75,840
Electricity $995$11,944
Total$59,561$714,732
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$2,042,091/yr
40% on housing$1,786,830/yr
45% on housing$1,588,293/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.3%
13.3%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 4.0%
4.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$935This listing

vs Other Active Listings

Avg $/sqft

ZIP 33470$387
Palm Beach County$444

vs Homes Sold Last Month

Median $/sqft

ZIP 33470$318
Palm Beach County$365

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2024-01-01Listed for sale$9,250,000
2023-11-01Sold$420,000
2022-03-02Listed for sale$9,250,000

New Construction

AgentAbby A Jones
BrokerageEquestrian Sotheby's International Realty Inc.

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