NOT LISTED FOR SALE

Estimated Value: $7,358,930 - $8,586,000

5 Beds
7 Baths
7,862 Sq Ft
$1,004/Sq Ft Est. Value

Last Sold September 12, 2022

Last sale price $6,900,000 $878 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $51,415/month

296 Days on Market

Highlights

  • Lake Front
  • Golf Course Community
  • Gunite Pool
  • Polo Park Middle School Rated A-
  • Gated with Attendant
  • 27,270 Sq Ft lot

About This Home

As of September 2022

This exclusive Tuscan-styled estate is situated on a waterfront lot in the coveted neighborhood of Cypress Island within the Palm Beach Polo Club. Boasting over half an acre of land, the home overlooks the lake and the 16th green of the championship golf course. Built in 2014, the luxurious estate includes 7,862 square feet of living space, 5 bedrooms, 5 full and 2 half bathrooms, 3-car garage and an exquisite backyard retreat with a modern pool. The property features two privately gated driveways, home generator and impact glass windows and doors throughout. The refined interior offers handcrafted woodwork throughout, lofty coffered ceilings, gorgeous wood and marble flooring, a custom wine cellar and bar, an elevator, fireplace and much more.

Last Agent to Sell the Property

Carol Sollak

Engel & Volkers Wellington License #642748 Listed on: 10/20/2021

Engel & Volkers Wellington

Last Buyer's Agent

Carol Sollak

Engel & Volkers Wellington License #642748 Listed on: 10/20/2021

Engel & Volkers Wellington

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $75,677

Year Built

  • Built in 2014

Lot Details

  • 0.63 Acre Lot
  • Lake Front
  • Property is zoned WELL_P

HOA Fees

  • $276 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Driveway

Property Views

  • Lake
  • Golf Course
  • Garden

Home Design

  • Mediterranean Architecture
  • Flat Roof Shape
  • Tile Roof

Interior Spaces

  • 7,862 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Central Vacuum
  • Bar
  • High Ceiling
  • Fireplace
  • French Doors
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Den

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Impact Glass

Pool

  • Gunite Pool
  • Saltwater Pool

Outdoor Features

  • Patio

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 73414415210000110

Community Details

Overview

  • Association fees include management, common areas, security
  • Private Membership Available
  • Cypress Island Of Palm Be Subdivision

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Putting Green

Additional Features

  • Clubhouse
  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$75,677

Year Built

Built in 2014

Lot Details

0

HOA Fees

$276 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Palm Beach Polo to Cypress Island
  • Year Built: 2014
  • Architectural Style: Mediterranean
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Area, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Elevator, French Door(s)/Atrium Door(s), Fireplace, High Ceilings, Pantry, Split Bedrooms, Bar, Walk-In Closet(s), Central Vacuum
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Water Heater, Ice Maker, Microwave, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Marble, Wood
  • Living Area: 7862.0
  • Dining Room Type: Den, Family Room
  • Stories: 2
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Patio
  • View: Golf Course, Garden, Lake
  • Pool Features: Gunite, Heated, Pool, Salt Water, Association, Community
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Flat, Other, Tile

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Two or More Spaces

Utilities

  • Security: Security System, Closed Circuit Camera(s), Gated with Guard, Security Guard
  • Cooling: Central Air, Electric, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 276.0
  • Community Features: Clubhouse, Golf, Golf Course Community, Gated, Pool, Street Lights, Sidewalks, Tennis Court(s)
  • Senior Community: No
  • Amenities: Clubhouse, Golf Course, Private Membership, Pool, Putting Green(s), Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Security

Lot Info

  • Parcel #: 73414415210000110
  • Lot Size Sq Ft: 27270.0
  • Zoning Description: WELL_P
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 75677.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2021
Closed on
Sep 12, 2022
Sold by
Mccahill James J and Mccahill Tara F
Bought by
Ellen Van Holtgers Revocable Trust
Seller's Agent
Carol Sollak
Engel & Volkers Wellington
Buyer's Agent
Carol Sollak
Engel & Volkers Wellington
List Price
$7,999,000
Sold Price
$6,900,000
Premium/Discount to List
-$1,099,000
-13.74%
Current Estimated Value
$7,709,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$809,939
Avg. Annual Appreciation
3.75%

Purchase Details

Listed on
Jan 20, 2017
Closed on
Mar 27, 2017
Sold by
Cypress Equestrian Llc
Bought by
Mccahill James J
Seller's Agent
Kristina Lloyd
Douglas Elliman (Wellington)
Buyer's Agent
Kristina Lloyd
Douglas Elliman (Wellington)
List Price
$5,499,000
Sold Price
$5,375,000
Premium/Discount to List
-$124,000
-2.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.67%

Purchase Details

Closed on
Jun 4, 2013
Sold by
Palm Beach Polo Holdings Inc
Bought by
Cypress Equestrian Llc
Source: Public Records

Range of Values:

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Average Value
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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
Ellen Van Holtgers Revocable Trust $6,900,000 --
Mccahill James J $5,375,000 Attorney
Cypress Equestrian Llc $600,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2022 09/12/22 Sold $6,900,000 -13.7% $878 / Sq Ft
08/13/2022 08/13/22 Pending -- -- --
10/20/2021 10/20/21 For Sale $7,999,000 +48.8% $1,017 / Sq Ft
03/27/2017 03/27/17 Sold $5,375,000 -2.3% $684 / Sq Ft
02/25/2017 02/25/17 Pending -- -- --
01/20/2017 01/20/17 For Sale $5,499,000 -- $699 / 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 $102,708 $5,478,410 -- --
2023 $100,442 $5,318,845 $0 $0
2022 $83,817 $3,983,945 $0 $0
2021 $72,450 $3,621,768 $1,362,500 $2,259,268
2020 $75,677 $3,755,223 $1,000,000 $2,755,223
2019 $81,953 $4,023,494 $1,000,000 $3,023,494
2018 $85,469 $4,313,258 $1,000,000 $3,313,258
2017 $79,192 $3,946,493 $682,600 $3,263,893
2016 $81,526 $3,980,995 $0 $0
2015 $80,947 $3,798,204 $0 $0
2014 $11,390 $525,141 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10753342

BeachesMLS

APN: 73-41-44-15-21-000-0110