8895 Palomino Drive, Lake Worth, FL, 33467 | $1,195,000

Discover your own private mini equestrian retreat on a spacious **1. 01-acre** lot in the heart of South Florida's premier horse country. This impeccably maintained home features a stunning **pool and spa** as your personal oasis, surrounded by lush, mature landscaping that provides natural privacy and tropical beauty. Equestrian lovers will appreciate the proximity to abundant **riding trails**, the **Palm Beach Polo Club**, and the world-renowned **Wellington International Equestrian Festival** grounds—putting you right in the center of Florida's Winter Equestrian Capital. Perfectly positioned near major highways, everyday shopping, and the vibrant Wellington Mall, the property offers effortless access to conveniences while preserving a peaceful estate atmosphere. It's ideal for growing families with excellent nearby schools, independent contractors needing versatile workspace, or car enthusiasts seeking flexible garaging options. A standout bonus: an overlooked east-side driveway extension creates a generous 39' x 24' pad perfect for a boat, RV, trailer, or extra vehicles. Inside, the home delivers flexible, high-quality living with soaring volume ceilings in open entertaining areas, a convertible fifth bedroom for an office or den, premium kitchen cabinetry, a butler's pantry, and modern appliances. Practical upgrades include dual HVAC zones, a newer A/C unit, CBS construction, architectural shingles, an 8-zone irrigation system, a renovated pool, deep well, whole-house generator-ready electrical panel, and a well-organized utility room. Outdoors, enjoy a serene freshwater fish pond and thriving tropical fruit trees that enhance the resort-like backyard vibe. Meticulously cared for by its current owner with exceptional attention to detail, this versatile estate masterfully combines luxury, functionality, and the natural allure of Wellington's equestrian lifestyle. Don't miss your chance to own this remarkable property where sophisticated living meets endless possibilities!

Features

  • Amenities: Jogging Path
  • Rooms: 11
  • Bedrooms: 5
  • Baths: 3 full
  • Lot Size: 1.0005
  • Laundry: Laundry Closet, Inside, Laundry Tub
  • Style: Ranch, Traditional
  • Development: Palm Beach Ranchettes
  • Year Built: 1994
  • Garage: 3-car Attached
  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Approx Sq. Feet: 2,943
  • Acreage: 1
  • Lot Size: 1.0005
  • Est. Taxes: $12,285
  • Lot Desc: Fruit Tree(s), Sidewalks
  • View: Garden, Pool
  • Elem. School: Discovery Key
  • Middle School: Emerald Cove
  • High School: Dr. Joaquin Garcia
  • Pool: In Ground
  • Pet Policy: Yes, No Restrictions
  • Appliances: Electric Water Heater, Dryer, Dishwasher, Electric Range, Refrigerator, Water Heater, Washer
  • MLS#: R11160060
  • Website: https://www.raveis.com
    /eprop/R11160060/8895palominodrive_lakeworth_fl?source=qrflyer
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William Raveis Family of Services

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888.699.8876

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Pedro DelgadilloInsurance Sales Director, William Raveis Insurance

305.922.5393

Pedro.Delgadillo@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

8895 Palomino Drive, Lake Worth, FL, 33467

$1,195,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $956,000 $956,000 $956,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.125% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.312% 6.235% 6.183%
Monthly Tax Payment $1,024 $1,024 $1,024
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,655 $5,809 $8,067
Total Monthly Payment $6,804 $6,958 $9,216

* 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.