Location

Kismayo Farm

Wellington, FL

Auction Date & Time

Saturday May 5, 2018 at 6:00PM ET

Registered bidders only. Contact Platinum to obtain registration information.

Property Specs

7 BD / 5 BA / 1 Half BA (total)

+/- 3,157 sq. ft. (interior, main residence)
+/- 4,470 sq. ft. (total, main residence)

+/-700 sq. ft. (groom’s quarters)
+/- 1,000 sq. ft. (equipment building)
12-stall barn

Built: 2001

Lot Size: +/-14.3 acres

Property Previews

Beginning April 5th, Property Previews will be held every Thurs-Sun from 12-5pm EDT, until the Auction date.

Inquiries? 800.484.1778

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Access the Document Portal to view the Bidder’s Brochure, in addition to important Auction and Property documents such as property disclosures, site plans, and more.

The Property

PREVIOUSLY OFFERED FOR $8.7 MILLION. NOW SELLING AT OR ABOVE ONLY $3 MILLION! Located in Wellington, Florida and just minutes from the Palm Beach International Equestrian Center – home of the prestigious Winter Equestrian Festival (WEF) – this 14-acre equestrian estate is sure to impress both novice and seasoned equestrian enthusiasts! The estate is comprised of two parcels: a +/- 9-acre parcel, containing the residential structures and outbuildings, and a neatly manicured +/-5-acre parcel, prepped and ready for future development if required.

The larger parcel houses a spacious main residence, attached guest cottage and detached groom’s quarters suitable for staff or for lease during the WEF season. It also contains a 12-stall barn, ten paddocks and a mirrored, 20-meter by 60-meter dressage arena. The arena also offers 5 additional stalls.

Built by Linehan Builders, the barn features spacious 12-ft by 12-ft stalls, a sand-and-clay footing over which rubber mats are installed, and an insect repellant system with a nozzle in every stall. The barn also has a wash stall, tack room, feed room, laundry and a half bath. Careful consideration was taken in the placement of the barn on the property, which is situated to allow a constant, natural breeze to flow through it. The dressage arena features GGT footing extending past its fence, and the north end of the arena offers a 20m mirror. Behind the mirror are 5 additional stalls that open to adjacent paddocks.

On the +/-5-acre parcel, the current owner has laid the groundwork for an additional barn, covered arena, or additional home site by raising and leveling the entire parcel to 16.7 ft above sea level, with a 15.5 ft elevation around the perimeter. In addition, the parcel has been outfitted with an underground irrigation system (via an electric pump connected to a 4-inch well with a 110 ft depth). A private entrance to this parcel is accessible from a separate road from the main estate entrance.

 

A lovely residential estate offers 3 bedrooms and 3 full baths, while both the guest cottage and groom’s quarters add 2 bedrooms and 1 full bath each. The Property – built by trusted Wellington builder Tara Management – boasts top-of-the-line materials, from impact windows to onyx baths and marble floors, and offers a gourmet kitchen with Viking appliances. While a 50-ft salt-water lap pool surrounded by coral stone is the focal point of the backyard, there are ample outdoor living areas for rest and relaxation.

More information on this equestrian luxury auction® opportunity is available in the online Document Portal.

The Community

WELLINGTON, FL. Named by Money Magazine as one of the “100 Best Places to Live,” the village of Wellington has come a long way since its humble beginnings as the world’s (supposed) largest strawberry patch. In 1953, less than 100 people resided in the area. Today it is a thriving Palm Beach County community known for its upscale equestrian and ranch facilities, and its wealthy residents.

Although a number of factors have contributed to Wellington’s rise from obscurity to prominence, the most important of these is unquestionably the equestrian lifestyle. The village is globally recognized for its equestrian and polo events, and is consistently ranked amongst the world’s most elite equestrian marketplaces.

To be sure, Wellington is host to the world’s largest and longest-running horse show and competition: the annual Winter Equestrian Festival (WEF), held largely at the Palm Beach International Equestrian Center (PBIEC). Each year, thousands of participants and spectators flock to Wellington for this exclusive event.

According to Equestrian Sport, this spectacular 12-week affair awards over $6 million in prize money and hosts 5,000 horses and 2,800 riders from 50 states and 31 countries. The PBIEC is set on 500 acres and consists of 18 competition arenas, one derby field, over 400 stalls spread over two facilities, VIP box seating, a special events pavilion and the largest covered riding surface in the world.

The Location

PALM BEACH COUNTY, FL. Influencing everything from architecture and golf courses to high-end clothing lines and even cocktails, the words “Palm Beach” are recognized world-wide as denoting a particular type of luxurious lifestyle. And while this term usually applies to that certain, illustrious island located on the eastern bank of the Intracoastal Waterway – home to some of the world’s wealthiest individuals – it certainly lends its cachet to Palm Beach County at large.

While Palm Beach County is Florida’s wealthiest county, many may be surprised to know that it also leads the state in agricultural productivity (agriculture being the county’s second-most lucrative industry, following real estate).

Many companies are headquartered, or have major facilities in, Palm Beach County, including Office Depot, The ADT Corporation, Sikorsky Aircraft and Lockheed Martin. They employ a large number of Palm Beach County’s residents. When off the clock, residents have myriad options for fun and leisure, ranging from the Kravis Center for the Performing Arts and the CityPlace shopping and dining complex, to the area’s pristine golf courses and sparkling waterways.

Property co-listed and offered for sale by Southfields Realty. Listing agent Carlos Arellano (BK416282). Platinum Luxury Auctions is a licensed Florida Real Estate Corporation (CQ1036963) and licensed Florida Auction Business (AB2956). Bid calling by Florida Real Estate Broker Trayor R. Lesnock (BK3118083).

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