NOT LISTED FOR SALE

Estimated Value: $6,778,000 - $11,304,555

5 Beds
8 Baths
7,581 Sq Ft
$1,190/Sq Ft Est. Value

Last Sold April 14, 2021

Last sale price $8,700,000 $1,148 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $59,873/month

320 Days on Market

Highlights

  • Gated with Attendant
  • Home Theater
  • Private Pool
  • Polo Park Middle School Rated A-
  • New Construction
  • Golf Course View

About This Home

As of April 2021

This brand new, world-class designer estate is located in the prestigious community of Palm Beach Polo and boasts a premium lot situated on a cul-de-sac in the exclusive 'Cypress Island' , offering almost an acre of land with waterfront and golf course views. The property includes a 6,884sf main residence with 4 bedrooms, 5 full and 2 half baths, 4-car garage, as well as a 697sf 1 bed, 1 bath guest house. An expansive outdoor living area features an outdoor bar, fireplace, modern-style pool and spa, and separate fire-pit entertaining area. Make a seamless transition into your dream home, as this remarkable residence is offered fully furnished.

Last Agent to Sell the Property

Carol Sollak

Engel & Volkers Wellington License #642748 Listed on: 04/28/2020

Engel & Volkers Wellington

Last Buyer's Agent

Carol Sollak

Engel & Volkers Wellington License #642748 Listed on: 04/28/2020

Engel & Volkers Wellington

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,499

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 0.88 Acre Lot
  • Waterfront
  • Fenced
  • Property is zoned WELL_P

HOA Fees

  • $276 Monthly HOA Fees

Parking

  • 4 Car Attached Garage

Home Design

  • Flat Roof Shape
  • Tile Roof

Interior Spaces

  • 7,581 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Fireplace
  • Great Room
  • Formal Dining Room
  • Home Theater
  • Den
  • Golf Course Views
  • Impact Glass

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Patio
  • Outdoor Grill

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 73414415210000270

Community Details

Overview

  • Private Membership Available
  • Cypress Island Of Palm Be Subdivision

Recreation

  • Tennis Courts
  • Community Pool
  • Trails

Additional Features

  • Clubhouse
  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,499

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$276 per month

Parking

4

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: 2020
  • New Construction: Yes
  • Year Built Details: New Construction
  • Special Features: NewHome

Interior Features

  • Interior Amenities: Breakfast Area, Dining Area, Separate/Formal Dining Room, Eat-in Kitchen, Fireplace, Pantry, Split Bedrooms, Walk-In Closet(s)
  • Furnished: Furnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Living Area: 7581.0
  • Dining Room Type: Den, Great Room, Media Room
  • Stories: 1
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Fence, Outdoor Grill, Patio
  • View: Golf Course
  • Pool Features: Pool, Association, Community
  • Pool Private: Yes
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: New Construction
  • Roof: Flat, Tile

Garage/Parking

  • Covered Parking Spaces: 4.0
  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage

Utilities

  • Security: Gated with Guard, Security Guard
  • Cooling: Central Air, Electric, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Electric, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 73414415210000270
  • Lot Size Sq Ft: 38529.0
  • Zoning Description: WELL_P
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 24499.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2020
Closed on
Apr 14, 2021
Sold by
Estate Homes By Stock Llc
Bought by
Lutena Investments Limited
Seller's Agent
Carol Sollak
Engel & Volkers Wellington
Buyer's Agent
Carol Sollak
Engel & Volkers Wellington
List Price
$8,995,000
Sold Price
$8,700,000
Premium/Discount to List
-$295,000
-3.28%
Current Estimated Value
$9,018,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$318,389
Avg. Annual Appreciation
1.41%

Purchase Details

Closed on
Oct 25, 2018
Sold by
Urania C Llc
Bought by
Estate Homes By Stock Llc

Purchase Details

Closed on
Apr 2, 2012
Sold by
Palm Beach Polo Holdings Inc
Bought by
Urania C 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
Lutena Investments Limited $8,700,000 Noble Title & Trust Llc
Estate Homes By Stock Llc $1,550,000 Trilogy Title Services Inc
Urania C Llc $800,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2021 04/14/21 Sold $8,700,000 -3.3% $1,148 / Sq Ft
03/15/2021 03/15/21 Pending -- -- --
04/28/2020 04/28/20 For Sale $8,995,000 -- $1,187 / 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 $130,065 $6,896,140 -- --
2023 $142,346 $7,495,745 $2,280,273 $5,215,472
2022 $138,429 $7,135,672 $0 $0
2021 $28,602 $1,635,000 $1,635,000 $0
2020 $24,241 $1,200,000 $1,200,000 $0
2019 $24,511 $1,200,000 $1,200,000 $0
2018 $20,210 $1,230,000 $1,230,000 $0
2017 $16,768 $840,225 $840,225 $0
2016 $16,177 $749,471 $0 $0
2015 $15,498 $681,337 $0 $0
2014 $13,393 $619,397 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10618756

BeachesMLS

APN: 73-41-44-15-21-000-0270