NOT LISTED FOR SALE

12365 Cypress Island Way Wellington, FL 33414

Palm Beach Polo and Country Neighborhood

Estimated Value: $6,328,000 - $11,327,821

7 Beds
10 Baths
9,830 Sq Ft
$905/Sq Ft Est. Value

Last Sold September 16, 2022

Last sale price $12,000,000 $1,221 Per Sq Ft

Est. 26% decrease in value since last sale

Current estimated payment $64,750/month

104 Days on Market

Highlights

  • On Golf Course
  • Gated with Attendant
  • Lake View
  • Polo Park Middle School Rated A-
  • Gunite Pool
  • Waterfront

About This Home

As of September 2022

Located in the exclusive Cypress Island subdivision of Palm Beach Polo rests this breathe taking British West Indies style estate home. Upon entering you will notice the quiet cul-de-sac street offering privacy, as well as incredible views of the Palm Beach Polo's Cypress Golf Course. The main residence boasts almost 10,000 SF, 4 bedrooms all with ensuite bathrooms and ample living and entertaining space. The home offers elegant touches and distinct design yet attractive functionality. Both formal and casual living and dining spaces, a wine room, all off of the gourmet kitchen. Flowing off of the kitchen, is the unparalleled expansive outdoor space with a state-of-the-art outdoor kitchen and grille. Views of the courtyard, pool all that with mature landscaping.A MUST SEE PROPERTY!!

Last Agent to Sell the Property

David Welles

Equestrian Sotheby's International Realty Inc. License #3241338 Listed on: 05/04/2022

Co-Listed By

Thomas Baldwin

Equestrian Sotheby's International Realty Inc. License #624423

Last Buyer's Agent

Maria Mendelsohn

Douglas Elliman (Wellington) License #3207396

Douglas Elliman (Wellington)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $116,564

Year Built

  • Built in 2013

Lot Details

  • 1.22 Acre Lot
  • Waterfront
  • On Golf Course
  • Cul-De-Sac
  • Fenced
  • Sprinkler System
  • Fruit Trees
  • Property is zoned WELL_P

HOA Fees

  • $890 Monthly HOA Fees

Parking

  • 5 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway
  • On-Street Parking

Property Views

  • Lake
  • Golf Course
  • Garden

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 9,830 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Furnished or left unfurnished upon request
  • Built-In Features
  • Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Plantation Shutters
  • Double Hung Metal Windows
  • Blinds
  • Wood Frame Window
  • Casement Windows
  • French Doors
  • Entrance Foyer
  • Great Room
  • Family Room
  • Formal Dining Room
  • Recreation Room
  • Screened Porch

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • In-Law or Guest Suite

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Home Security System
  • Intercom
  • Motion Detectors
  • Impact Glass
  • Fire and Smoke Detector

Pool

  • Gunite Pool
  • Saltwater Pool
  • Fence Around Pool
  • Pool Equipment or Cover

Outdoor Features

  • Canal Access
  • Balcony
  • Open Patio
  • Outdoor Grill

Utilities

  • Zoned Heating and Cooling System
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 73414415210000130

Community Details

Overview

  • Association fees include common areas, legal/accounting, reserve fund, security
  • Cypress Island Of Palm Be Subdivision

Recreation

  • Trails

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$116,564

Year Built

Built in 2013

Lot Details

0

HOA Fees

$890 per month

Parking

5

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Forest Hill to Palm Beach Polo gatehouse. Follow Polo Club Rd to Cypress Island and follow to end. Property on the left.
  • Year Built: 2013
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Wet Bar, Built-in Features, Breakfast Area, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, French Door(s)/Atrium Door(s), Fireplace, High Ceilings, Pantry, Split Bedrooms, Vaulted Ceiling(s), Bar, Walk-In Closet(s), Central Vacuum
  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 7
  • Half Bathrooms: 3
  • Total Bedrooms: 7
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Carpet, Marble, Wood
  • Living Area: 9830.0
  • Dining Room Type: Family Room, Great Room, In-Law Suite, Laundry, Recreation, Storage Room
  • Stories: 2
  • Window Features: Blinds, Casement Window(s), Double Hung, Drapes, Impact Glass, Plantation Shutters, Single Hung, Wood Frames

Exterior Features

  • Exterior Features: Balcony, Enclosed Porch, Fence, Fruit Trees, Outdoor Grill, Porch, Patio
  • View: Golf Course, Garden, Lake
  • Lot Features: Cul-De-Sac, On Golf Course, Sprinklers Automatic
  • Pool Features: Fenced, Gunite, Heated, Other, Pool Equipment, Pool, Salt Water
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Canal Access
  • Waterfront: Yes
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open, Patio, Porch, Screened
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Covered Parking Spaces: 5.0
  • Attached Garage: Yes
  • Garage Spaces: 5.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Driveway, Garage, On Street, Two or More Spaces, Garage Door Opener

Utilities

  • Laundry Features: Laundry Tub
  • Other Equipment: Intercom
  • Security: Security System, Closed Circuit Camera(s), Gated with Guard, Motion Detectors, Security Guard, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer, Septic Tank
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 890.0
  • Community Features: Gated, Street Lights, Sidewalks
  • Senior Community: No
  • Amenities: Trail(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Legal/Accounting, Reserve Fund, Security

Lot Info

  • Parcel #: 73414415210000130
  • Lot Size Sq Ft: 52992.0
  • Zoning Description: WELL_P
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 116564.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2022
Closed on
Sep 16, 2022
Sold by
Ellen Van Dyke Holtgers Revocable Trust
Bought by
2000 S Ocean Trust
Seller's Agent
David Welles
Equestrian Sotheby's International Realty Inc.
Buyer's Agent
Maria Mendelsohn
Douglas Elliman (Wellington)
List Price
$13,250,000
Sold Price
$12,000,000
Premium/Discount to List
-$1,250,000
-9.43%
Current Estimated Value
$8,898,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,101,045
Avg. Annual Appreciation
-7.64%

Purchase Details

Listed on
Nov 9, 2015
Closed on
Oct 29, 2015
Sold by
Casa O Llc
Bought by
Holtgers Ellen Van Dyke and Ellen Van Dyke Holtgers Revocable Trust
Seller's Agent
Visse Wedell
BitRealty
Buyer's Agent
Martha Jolicoeur
Douglas Elliman (Wellington)
List Price
$11,000,000
Sold Price
$11,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.28%

Purchase Details

Closed on
Jul 15, 2011
Sold by
Palm Beach Polo Holdings Inc
Bought by
Casa O Llc
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
2000 S Ocean Trust $12,000,000 --
Holtgers Ellen Van Dyke $11,000,000 Attorney
Casa O Llc $1,325,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Holtgers Ellen Van Dyke $6,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2022 09/16/22 Sold $12,000,000 -9.4% $1,221 / Sq Ft
08/17/2022 08/17/22 Pending -- -- --
05/04/2022 05/04/22 For Sale $13,250,000 +20.5% $1,348 / Sq Ft
11/12/2015 11/12/15 Sold $11,000,000 0.0% $1,119 / Sq Ft
11/09/2015 11/09/15 For Sale $11,000,000 -- $1,119 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $176,539 $9,375,236 -- --
2023 $183,378 $9,667,980 $4,500,000 $5,167,980
2022 $116,922 $6,063,316 $0 $0
2021 $116,564 $5,886,715 $2,452,500 $3,434,215
2020 $118,190 $5,921,159 $1,800,000 $4,121,159
2019 $130,837 $6,480,531 $0 $0
2018 $124,943 $6,359,697 $0 $0
2017 $123,853 $6,228,890 $0 $0
2016 $137,177 $6,691,259 $0 $0
2015 $146,220 $6,922,756 $0 $0
2014 $138,331 $6,482,906 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2022

    David Welles

    Equestrian Sotheby's International Realty Inc.

  • T

    Seller Co-Listing Agent in 2022

    Thomas Baldwin

    Equestrian Sotheby's International Realty Inc.

    (561) 714-3098

    13 in this area

    27 Total Sales

    Section Image

  • M

    Buyer's Agent in 2022

    Maria Mendelsohn

    Douglas Elliman (Wellington)

    (561) 758-1605

    18 in this area

    73 Total Sales

    Section Image

  • V

    Seller's Agent in 2015

    Visse Wedell

    BitRealty

    (561) 972-1177

    4 in this area

    4 Total Sales

    Section Image
  • Martha Jolicoeur

    Buyer's Agent in 2015

    Martha Jolicoeur

    Douglas Elliman (Wellington)

    (561) 797-8040

    31 in this area

    95 Total Sales

    Section Image
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Map

Source: BeachesMLS

MLS Number: R10797016

BeachesMLS

APN: 73-41-44-15-21-000-0130

Florida Palm Beach County Wellington 33414 Palm Beach Polo and Country

12365 Cypress Island Way, Wellington, FL

This home is located at 12365 Cypress Island Way, Wellington, FL 33414 since 04 May 2022 and is currently estimated at $8,898,955, approximately $905 per square foot. This property was built in 2013. 12365 Cypress Island Way is a home located in Palm Beach County with nearby schools including New Horizons Elementary School, Polo Park Middle School, and Wellington High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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