3905 Gem Twist Court

Wellington, FL, 33414

$9,800,000

$2,718 per ft²
$9,800,000
$2,718 per ft²
Active
Active
 - For Sale
beds
2 Beds
baths
4 Baths
carpenters-square
3,605 ft²
property_type
Residential
calendar
Built 2014
Rarely available this 20-stall barn is only a short hack to WEF and only minutes to GDF, this spectacular barn and covered riding arena is located within the desirable and secure Grand Prix Village South. The expandable 80' x 210' arena makes year-round training a reality. The barn includes a fabulous owner's lounge on the second floor with a full kitchen complete with wine fridge and Chef's gas Thermador range and Monogram appliances, large island, as well as a full bath, elevator,impact glass, and a generator. The spacious screened-in lanai makes this the perfect barn for entertaining and enjoying the equestrian lifestyle. In addition, it has tile, marble and hardwood flooring. Downstairs includes a spacious lounge, 2 air-conditioned tack rooms, feed room, 2 half baths, office, fire Rarely available this 20-stall barn is only a short hack to WEF and only minutes to GDF, this spectacular barn and covered riding arena is located within the desirable and secure Grand Prix Village South. The expandable 80' x 210' arena makes year-round training a reality. The barn includes a fabulous owner's lounge on the second floor with a full kitchen complete with wine fridge and Chef's gas Thermador range and Monogram appliances, large island, as well as a full bath, elevator, impact glass, and a generator. The spacious screened-in lanai makes this the perfect barn for entertaining and enjoying the equestrian lifestyle. In addition, it has tile, hardwood flooring, and marble floors. Downstairs includes a spacious lounge, 2 air-conditioned tack, and feed rooms, large laundry, a feed room, 2 half baths, fire sprinkler system, and fly spray system. The 2 bed/1 bath groom's house is conveniently located next to the barn with plenty of storage and an XL oversized 2-car garage. Whoever acquires this choice property will enjoy making memories for a lifetime! Wellington, FL  July 9, 2021  Andreas Helgstrand, CEO of Global Equestrian Group (GEG), and Mark Bellissimo, CEO of Wellington Equestrian Partners (WEP), announced an unprecedented partnership focused on developing international equestrian sport. GEG will acquire the Wellington, Florida-based Palm Beach International Equestrian Center (PBIEC) and will invest in WEP equestrian lifestyle initiatives. WEP's largest partners, Mark Bellissimo, Roger Smith, Lisa Lourie, and Marsha Dammerman, as well as Michael Stone, will co-invest in GEG. Mark Bellissimo and PBIEC have transformed Wellington into the world's premier destination for equestrian enthusiasts, with competitions and events across more than 40 weeks every year. PBIEC is home to the Winter Equestrian Festival, spanning 13 weeks, and is the world's largest and longest-running equestrian sports event. 4,000 families, 8,000 horses, and 250,000 spectators from 43 different countries converge on Wellington to compete for over USD 12 million in prize money. A recent independent economic study highlighted the Winter Equestrian Festival's annual economic impact on Palm Beach County of USD 279 million of total expenditures and 150,000 bed nights. GEG is part of Waterland Private Equity, who manages a global investment portfolio in excess of USD 11 billion. SOURCE - https://pbiec.coth.com.
MLS® ID:
R10783437
Listed:
3/11/22
Updated:
11/26/22

Interior Features

Kitchen Appliances
Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
Total Bedrooms
2
Full Bathrooms
2
Half Bathrooms
2
Interior Features
Built-in Features, Elevator, Pantry, Skylights, Vaulted Ceiling(s), Workshop
Laundry Description
In Garage
Floor Description
Ceramic Tile, Marble, Other
Cooling
Central Air, Electric
Heating
Central, Electric

Exterior/Building Features

Lot Size
4.0 acres lot
Exterior Features
Balcony, Fence, Balcony, Screened, Garage Apartment
Roof
Metal
Sewer
Public Sewer

Other Property Details

Area Name
5790
Taxes
$73093
Tax Frequency
per YEAR
HOA Fee
$867
HOA Frequency
per MONTH
HOA Amenities
Trail(s)
Garage
Yes
Garage Spaces
2
Parking
Attached, Driveway, Garage, Two or More Spaces, Garage Door Opener
View
N
County
Palm Beach County
Utilities
Cable Available, Electricity Available, Sewer Available, Water Available
Water Source
Public
Pool
No
Pool Description
None
Total Stories
2

Property History

Date
Event
Price
Value
8/9/22
Price Change
$9,800,000
111%
8/8/22
Price Change
$8,800,000
-10%

Courtesy of Illustrated Properties LLC (Ju, Laurie Elliott,
Listing Contact:  

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Data last updated 9:31 PM UTC, 11/26/22

 

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