3905 Gem Twist Court, Wellington, FL 33414

$9,800,000
2
BD
4
BA
3,605
SqFt
List Price
$9,800,000
Price Change
▲ $1,000,000 1660099755
MLS#
RX-10783437
Bedrooms
2
Bathrooms
4
Sq. Ft
3,605
Lot Size
174,305
Subtype
Single Family Detached
County
Palm Beach
Community
Village Walk
Subdivision
Grand Prix Village South
Year Built
2014

Property Description

Rarely available this 20-stall barn is only a short hack to WEF and only minutes to GDF, this spectacular barn and covered riding arena is located within the desirable and secure Grand Prix Village South. The expandable 80' x 210' arena makes year-round training a reality. The barn includes a fabulous owner's lounge on the second floor with a full kitchen complete with wine fridge and Chef's gas Thermador range and Monogram appliances, large island, as well as a full bath, elevator,impact glass, and a generator. The spacious screened-in lanai makes this the perfect barn for entertaining and enjoying the equestrian lifestyle. In addition, it has tile, marble and hardwood flooring. Downstairs includes a spacious lounge, 2 air-conditioned tack rooms, feed room, 2 half baths, office, fire Rarely available this 20-stall barn is only a short hack to WEF and only minutes to GDF, this spectacular barn and covered riding arena is located within the desirable and secure Grand Prix Village South. The expandable 80' x 210' arena makes year-round training a reality. The barn includes a fabulous owner's lounge on the second floor with a full kitchen complete with wine fridge and Chef's gas Thermador range and Monogram appliances, large island, as well as a full bath, elevator, impact glass, and a generator. The spacious screened-in lanai makes this the perfect barn for entertaining and enjoying the equestrian lifestyle. In addition, it has tile, hardwood flooring, and marble floors. Downstairs includes a spacious lounge, 2 air-conditioned tack rooms, large laundry, a feed room, 2 half baths, fire sprinkler system, and fly spray system. The 2 bed/1 bath groom's house is conveniently located next to the barn with plenty of storage and an XL oversized 2-car garage. Whoever acquires this choice property will enjoy making memories for a lifetime! Wellington, FL  July 9, 2021  Andreas Helgstrand, CEO of Global Equestrian Group (GEG), and Mark Bellissimo, CEO of Wellington Equestrian Partners (WEP), announced an unprecedented partnership focused on developing international equestrian sport. GEG will acquire the Wellington, Florida-based Palm Beach International Equestrian Center (PBIEC) and will invest in WEP equestrian lifestyle initiatives. WEP's largest partners, Mark Bellissimo, Roger Smith, Lisa Lourie, and Marsha Dammerman, as well as Michael Stone, will co-invest in GEG. Mark Bellissimo and PBIEC have transformed Wellington into the world's premier destination for equestrian enthusiasts, with competitions and events across more than 40 weeks every year. PBIEC is home to the Winter Equestrian Festival, spanning 13 weeks, and is the world's largest and longest-running equestrian sports event. 4,000 families, 8,000 horses, and 250,000 spectators from 43 different countries converge on Wellington to compete for over USD 12 million in prize money. A recent independent economic study highlighted the Winter Equestrian Festival's annual economic impact on Palm Beach County of USD 279 million of total expenditures and 150,000 bed nights. GEG is part of Waterland Private Equity, who manages a global investment portfolio in excess of USD 11 billion. SOURCE - https://pbiec.coth.com.

Additional Information

Front Exposure
East
Governing Body
HOA
Hoa
Yes
Hoa Amount
867
Pets Allowed
Allowed
Status Label
ACTIVE
Construction
CBS
Cooling
Central, Electric
Equipment
Auto Garage Open, Dishwasher, Dryer, Generator Whle House, Microwave, Range - Electric, Refrigerator, Washer, Water Heater - Elec
Flooring
Ceramic Tile, Marble, Other
Furnished
Furniture Negotiable, Unfurnished
Heating
Central, Electric
Lot Description
4 to < 5 Acres, Paved Road
Maintenance Fee Includes
Common Areas, Common R.E. Tax, Legal/Accounting, Security
Parking
2+ Spaces, Driveway, Garage - Attached, Garage - Building
Roof
Metal
Rooms
Garage Apartment, Storage, Util-Garage, Workshop
Bedroom Description
None
Window Treatment
Impact Glass
Security
Gate - Manned, Security Sys-Owned, TV Camera
Special Information
Sold As-Is
Taxes
$73,093
Unit Description
Corner
View
Pond
Total Floors
2
Waterfront
Pond
Stories
2
Maintenance Fee Includes
Common Areas, Common R.E. Tax, Legal/Accounting, Security
Roofing
Metal
Utility
Cable, Electric, Public Sewer, Public Water
Acres
4.00
Price Per Acre
118415246.4
Price Per Sqft
$2,718

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Listing courtesy of Illustrated Properties LLC (Ju. Contact: