NOT LISTED FOR SALE

Estimated Value: $5,008,000 - $14,605,970

5 Beds
7.5 Baths
7,434 Sq Ft
$1,266/Sq Ft Est. Value

Last Sold February 03, 2025

Last sale price $13,250,000 $1,782 Per Sq Ft

Est. 29% decrease in value since last sale

Current estimated payment $58,977/month

76 Days on Market

Highlights

  • 129 Feet of Waterfront
  • Boat Ramp
  • Gunite Pool
  • Limestone Creek Elementary School Rated A-
  • Golf Course Community
  • RV Access or Parking

About This Home

As of February 2025

Introducing 5874 Pennock Point Rd., offered for the first time in over 30 years! Built in 2020, luxury living meets unparalleled leisure. Nestled on a sprawling riverfront site with almost 2 acres of lush tropical landscaping, this awe-inspiring estate home boasts 5 bedrooms, 6 full & 2 half bathrooms, and a unique par 3 in the front yard with a second-story tee box, offering a golfer's paradise right at your doorstep. Upon entering the grand foyer, prepare to be captivated by the seamless blend of sophisticated design and top-of-the-line finishes. Built for both work and play, this stunning property includes two dedicated office spaces, perfect for the modern professional. Highlighting its waterfront location, this home is one of very few on the Loxahatchee River to have

Last Agent to Sell the Property

Connor Peters

Water Pointe Realty Group License #3317243 Listed on: 10/02/2024

Last Buyer's Agent

Denise Torres

Serhant License #3429096

Serhant

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $75,346

Year Built

  • Built in 2020

Lot Details

  • 1.84 Acre Lot
  • 129 Feet of Waterfront
  • River Front
  • Sprinkler System
  • Property is zoned RS

Parking

  • 4 Car Attached Garage
  • Circular Driveway
  • RV Access or Parking

Interior Spaces

  • 7,434 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Bar
  • Decorative Fireplace
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Den
  • River Views
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Security Gate

Outdoor Features

  • Gunite Pool
  • Balcony
  • Open Patio
  • Outdoor Grill
  • Porch

Utilities

  • Central Heating and Cooling System
  • Water Not Available

Listing and Financial Details

  • Assessor Parcel Number 00424035040020023
  • Seller Considering Concessions

Community Details

Overview

  • S/D Of 35 40 42, Gov Lts Subdivision

Recreation

  • Boat Ramp
  • Boating
  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$75,346

Year Built

Built in 2020

Lot Details

0

Parking

4

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Loxahatchee River Rd. to the north entrance of Pennock Point. Home is on the left.
  • Year Built: 2020
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Area, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Elevator, Fireplace, Separate Shower, Bar, Walk-In Closet(s), Attic
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Refrigerator, Washer
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Decorative
  • Flooring: Carpet, Hardwood, Tile, Wood
  • Living Area: 7434.0
  • Dining Room Type: Attic, Den, Family Room, Laundry, Storage Room
  • Stories: 3

Exterior Features

  • Exterior Features: Balcony, Outdoor Grill, Porch
  • View: River
  • Road Frontage Type: Waterfront
  • Lot Features: Sprinklers Automatic
  • Pool Features: Gunite, Heated, Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open, Porch
  • Property Condition: Resale
  • FrontageLengthRemarks: 129

Garage/Parking

  • Covered Parking Spaces: 4.0
  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Garage, Golf Cart Garage, RV Access/Parking

Utilities

  • Security: Security System, Security Gate
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: None, Water Not Available
  • Water Source: None

Condo/Co-op/Association

  • Community Features: Boat Facilities, Golf, Golf Course Community, Non-Gated
  • Senior Community: No
  • Amenities: Golf Course
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 00424035040020023
  • Lot Size: 1 to < 2 Acres
  • Lot Size Sq Ft: 80000.0
  • Zoning Description: RS
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 75346.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2024
Closed on
Feb 3, 2025
Sold by
Walsh Edward T and Elizabeth M Walsh Revocable Trust
Bought by
Pascucci Ralph P
Seller's Agent
Connor Peters
Water Pointe Realty Group
Buyer's Agent
Denise Torres
Serhant
List Price
$13,995,000
Sold Price
$13,250,000
Premium/Discount to List
-$745,000
-5.32%
Total Days on Market
76
Views
68
Current Estimated Value
$9,408,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,841,010
Avg. Annual Appreciation
-63.46%
Original Mortgage
$9,937,500
Outstanding Balance
$9,920,935
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
-$511,945
Source: Public Records

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Range of Values:

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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
Pascucci Ralph P $13,250,000 None Listed On Document
Pascucci Ralph P $13,250,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pascucci Ralph P $9,937,500
Closed Pascucci Ralph P $9,937,500
Previous Owner Walsh Edward T $5,000,000
Previous Owner Walsh Elizabeth M $1,304,700
Previous Owner Walsh Elizabeth M $1,000,000
Previous Owner Walsh Elizabeth M $430,000
Previous Owner Walsh Elizabeth M $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2025 02/03/25 Sold $13,250,000 -5.3% $1,782 / Sq Ft
12/17/2024 12/17/24 Pending -- -- --
10/02/2024 10/02/24 For Sale $13,995,000 -- $1,883 / 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 $76,947 $4,688,478 -- --
2023 $75,345 $4,551,920 $0 $0
2022 $75,025 $4,419,340 -- --
2021 $75,115 $4,290,621 $0 $0
2020 $68,114 $3,852,275 $0 $0
2019 $16,075 $890,677 $0 $0
2018 $16,918 $968,394 $0 $0
2017 $16,800 $948,476 $0 $0
2016 $16,889 $928,968 $0 $0
2015 $17,322 $922,510 $0 $0
2014 $17,375 $915,188 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R11025678

BeachesMLS

APN: 00-42-40-35-04-002-0023