NOT LISTED FOR SALE

Estimated Value: $5,191,000 - $15,236,659

5 Beds
7.5 Baths
7,434 Sq Ft
$1,351/Sq Ft Est. Value

Last Sold February 03, 2025

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

Est. 24% decrease in value since last sale

Current estimated payment $58,549/month

76 Days on Market

Highlights

  • Boat Ramp
  • Golf Course Community
  • RV Access or Parking
  • Limestone Creek Elementary School Rated A-
  • Gunite Pool
  • River View

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 two private docks equipped with two boat lifts and just minutes to the Jupiter Inlet. The air-conditioned fishing and tackle room caters to the avid angler, ensuring your gear is always in pristine condition. Entertaining is a breeze with the stunning sliding doors that lead from the family room to the outdoor living and kitchen area. These truly impressive doors provide a seamless transition from indoor space to an outdoor oasis. Its outdoor living area is unmatched and boasts a spacious loggia, outdoor dining area, summer kitchen & sun deck, meticulously maintained backyard, salt water pool, and 129 ft. of water frontage. Elevate your mornings and evenings with a visit to the rooftop deck, where breathtaking sunrises and sunsets paint the sky in a dazzling palette of colors. The panoramic views of the water and surrounding landscape provide an idyllic backdrop for intimate gatherings or quiet moments of reflection.

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
  • Waterfront
  • South Facing Home
  • Sprinkler System

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
  • Formal Dining Room
  • River Views

Kitchen

  • Breakfast Area or Nook
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Walk-In Closet
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Pool

  • Gunite Pool
  • Spa

Outdoor Features

  • Balcony
  • Open Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Water Not Available

Listing and Financial Details

  • Assessor Parcel Number 00424035040020023

Community Details

Overview

  • No Home Owners Association
  • S/D Of 35 40 42, Gov Lts 2, 3 & 4 In 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
  • Architectural Style: Traditional
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Interior Amenities: Breakfast Area, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Elevator, Sitting Area in Primary, Storage, Separate Shower, Tub Shower, Upper Level Primary, Bar, Walk-In Closet(s)
  • Main Level Bedrooms: 2
  • Private Spa: Yes
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Refrigerator, Washer
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Entry Location: Entry Level Living Area Y
  • Fireplace Features: Decorative
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Living Area: 7434.0
  • Stories: 3

Exterior Features

  • Exterior Features: Built-in Barbecue, Balcony, Barbecue, Outdoor Living Area
  • View: River
  • Lot Features: 1-2 Acres, Sprinklers Automatic
  • Pool Features: Gunite, Heated, In Ground
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: River Access
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: South
  • Patio And Porch Features: Covered, Open, Porch, Balcony
  • Property Condition: Resale

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

  • Laundry Features: Inside
  • Security: Security System Owned, Gated Community
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: None

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community Features: Boat Facilities
  • Senior Community: No
  • Amenities: Boating, Golf Course
  • Association: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 00424035040020023
  • Lot Size Acres: 1.84
  • Lot Size Sq Ft: 80150.4
  • Mobile Dim Units: Feet
  • Zoning: RS

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 75345.5

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%
Views
68
Current Estimated Value
$10,040,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,209,780
Avg. Annual Appreciation
-24.87%
Original Mortgage
$9,937,500
Outstanding Balance
$9,843,983
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
$196,237
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
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
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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 (Greater Fort Lauderdale)

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
2025 $76,947 $4,824,444 -- --
2024 $76,947 $4,688,478 -- --
2023 $75,345 $4,551,920 $0 $0
2022 $75,025 $4,419,340 -- --
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R11025678

BeachesMLS (Greater Fort Lauderdale)

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