3221 Grand Prix Farms Drive, Wellington, FL 33414

$10,900,000
Property Type: Residential Bedrooms: 1 Baths: 5 Square Footage: 18,120 Status: Closed
Current Price: $10,900,000 List Date: 7/06/2023 Last Modified: 7/01/2026

Overview

Description

7.78 acres on one of the most premier lots in Grand Prix Village, located only about 1,000 feet from the horse show. 21 stall barn, thoughtfully laid out with two mirrored sides. Each side with a private tack room, laundry, bathroom, storage room and two grooming/wash racks. In addition the barn also includes a separate office and staff kitchen. Upstairs features a one bedroom managers apartment with a large balcony overlooking the courtyard and sand ring. 260 x 260 Bermuda grass Grand Prix field and a 120 x 240 Otto Sport footing sand ring, 6 horse walker and 5 paddocks. Lot's of parking and an additional building for storage. Three separate entrances, one of them to a large driveway for easy trailer parking.

Listing Details MLS# R10900716

General Property Information

Property Sub Type
Single Family Residence
Bedrooms Total
Yes
Bathrooms Total
5
Bathrooms Full
2
Bathrooms Half
3
Building Area Main
18120
Building Area Source
Public Records
Living Area Main
1154
Year Built
2000
Gated Community YN
Yes
Lot Size Area
228254
Lot Size Acres
5.24
Frontage Length
243
Senior Community YN
No
Waterfront YN
Yes
Outdoor Living Spaces YN
Yes
Stories Total
2
Stories
2
Direction Faces
East
Pool Private YN
No
Spa YN
No
Equestrian Features YN
Yes
Furnished
Unfurnished
Year Roof Installed
2000

Property Features

Association Fee Includes: Common Areas; Security Electric: Three Phase Equestrian Features: Boarding Facilities; Feed Room; Lounge; Office; Owners Apartment; Paddocks; Pasture; Riding Trail; Ring; Spray System - Flies; Stable(s); Tack Room; Wash Rack; Water and Electric Parking Features: Strip/Slab Property Condition: Resale Appliances: Dryer; Free-Standing Freezer; Microwave; Refrigerator; Washer; Water Heater Water Heater Details: Electric Water Heater Construction Materials: CBS; Second/Third Floor Concrete Cooling: Ceiling Fan(s); Central Individual Association Type: Homeowner Association Fencing: Fenced Heating: Central Individual; Electric Interior Features: French Doors; Upstairs Living Area Listing Terms: Cash; Conventional Lot Features: Corner Lot; Irregular Lot; Many Trees Membership: No Membership Available Other Structures: Outbuilding Pets Allowed YN: Yes Possession: Negotiable Restrictions: Lease Restrictions Road Frontage Type: West of US-1 Road Surface Type: Paved Roof: Barrel; Concrete; Tile Security Features: Gated - No Guard; Gated with Guard; Security Patrol; Smoke Detector(s) Sprinkler Description: Auto Sprinkler; Lake/Canal Sprinkler Storm Protection Details: Storm Shutters Tax Information: Agricultural Exemption; No Homestead Utilities: Cable Available; Water Available Water Source: Public Water View: Pond Waterfront Features: Canal Front; Pond Window Features: Blinds; Single Hung Metal Showing Requirements: Appointment Only Outdoor Living Spaces: Balcony Balcony Details: Balcony - Covered; Balcony - Open Contingencies: None Room Types: Kitchen; Living Room; Master Bedroom Acreage Description: 5 To Less Than 10 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
12500000

Location and Legal

Country
United States
County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
3221
Street Name
Grand Prix Farms
Street Suffix
Drive
City Name
Wellington
State Or Province
FL
Postal Code
33414
Postal Zip
33414
Subdivision Name
Grand Prix Village
Development Name
Grand Prix Village
Area
5520
Geographic Area
PB24
Special Assessment YN
No
Parcel Number
73414420090000480
Zoning
EOZD(c
Directions
Pierson Road to Grand Prix Village, go straight through the first stop sign once through the gates. The farm is the first one on the right side after the stop sign.

Financial Information

Association YN
Yes
Association Deposit YN
No
Association Fee
1207.49
Association Fee Frequency
Monthly
Association Membership
Mandatory
Association Phone
305-378-0130
Association Website
www.miamimanagement.com
Membership Fee Required YN
No
Tax Annual Amount
38247.9
Tax Year
2022
Tax Legal Description
GRAND PRIX FARMS PL 1 LT 48

Status Change Information

Major Change Timestamp
2023-11-01T20:56:47Z
Major Change Type
Status Change
Status Change Date
2023-11-01
Under Contract Date
2023-10-08
Close Date
2023-11-01
Close Price
10900000
Buyer Financing
Cash

More Information

Equestrian Details

Number of Barns
Yes
Number of Stalls
21

Short Sale Details

Short Sale Addendum
No

Boat and Dock Information

Dock Details
No

Capital Contributions

Capital Contributions YN
No

Main Level Rooms

Main Level Bathrooms
4

Storm Protection

Panel Shutters
Complete

Concessions

Seller Concessions
No

Contributions

Buyer Contributions
No

Room Types

Kitchen Level
Main
Living Room Level
Upper
Master Bedroom Level
Upper

Price Calculations

Current Price To SqFt
9445.4
Original List Price To Close Price
1.14

Originating Details

Originating System Key
20230626162510842798000000
Originating System ID
M00000170

Room Information

Room Name Length Width Level
Living Room 18.00 15.00 Upper
Kitchen 14.00 12.00 Main
Master Bedroom 18.00 12.00 Upper
IDX
Listing Office: Douglas Elliman Wellington
Last Updated: July - 01 - 2026
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