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STOP THE SEARCH — 5 BEDROOMS, 3 BATHS, PRIVATE POOL & NO HOA IN MARGATE PLACE!
This is the Wellington lifestyle buyers want—space, privacy, and prime location. A highly desirable 3-way split floor plan offers excellent privacy for the primary suite, with flexible bedrooms ideal for family, guests, or home offices. Expansive living areas flow into an entertainer-friendly kitchen, while the backyard is a true South Florida oasis featuring a large private pool, peaceful water views, and an impressive 30x10 covered lanai with screen enclosure perfect for entertaining. Minutes to world-class equestrian venues, barns, polo fields, top-rated schools, dining, shopping, and parks. Fully owned 20kW solar system to be paid off at closing provides approx. $300-$400/month in energy savings. NO HOA. BENEFITS, LOCATION & LIFESTYLE
1. A True Wellington Standout
Homes like this are rare in the heart of Wellington no HOA, generous living space, and a layout designed for real life. With five bedrooms and three full baths, this home offers flexibility for families, multigenerational living, guests, or work-from-home needs, all within a sought-after neighborhood setting.
2. Highly Desired 3-Way Split Floor Plan
The 3-way split layout is one of the most requested floor plans among today's buyers, providing privacy for the primary suite while thoughtfully separating secondary bedrooms. This design works beautifully for families, seasonal residents, or equestrian buyers hosting guests during show season.
3. Backyard Oasis with Water Views
The outdoor space truly completes the home. Enjoy a large private pool, tranquil water views, and an impressive 30x10 covered lanai with full screen enclosure perfect for entertaining, relaxing, or unwinding after a day at the barn or showgrounds. This backyard offers peace, privacy, and classic South Florida living.
4. Prime Equestrian & Central Wellington Location
Located minutes from WEF, Global Dressage, IPC, polo fields, barns, and training facilities, this home is ideally positioned for equestrian buyers preparing for season. Easy access to top-rated schools, dining, shopping, and parks makes it equally appealing as a full-time family residence or seasonal retreat.
5. Smart Energy Efficiency with Fully Owned Solar
A fully owned 20kW solar system, to be paid off by the seller at closing, offers approximately $300-$400 per month in electric savings with no lease or assumption required. The seller absorbed the upfront cost, allowing the next owner to enjoy immediate efficiency and long-term savings; an increasingly valuable feature for larger homes with pools.
All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $659,920 | $659,920 | $659,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.202% | 6.121% | 6.011% |
| Monthly Tax Payment | $813 | $813 | $813 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,799 | $3,957 | $5,480 |
| Total Monthly Payment | $4,703 | $4,861 | $6,384 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.