11230 Alligator Trail, Lake Worth, FL, 33449 | $3,000,000

Indulge in the unparalleled opportunity to own your forever home, nestled in serene tranquility on an expansive five-acre estate. Homeland stands as a distinguished and highly coveted community, renowned for its exceptional design and ambiance. This residence boasts luxurious finishes and an array of remarkable features. The property offers a secluded par-3 golf course, enhanced by misting fans.
Please refer to the supplementary info for details on the $750, 000 renovation in 2022. '

This property caters to individuals who prioritize privacy and relish activities such as golfing or shooting, or who envision a personal retreat complete with a sophisticated man cave in a private loft setting. Envision comfortably parking your Jupiter 31 w/i the garage, conveniently located beneath the ma Enjoy the benefits of a low Homeowners Association fee and minimal taxes, complemented by an extensive network of fifteen miles of bridle paths. This residence is equipped with a 40 kW standby Generac propane generator, capable of sustaining power for up to three weeks during outages. Alligator Trail is recognized as the premier street in Homeland, where adherence to the principles of conformity ensures you are surrounded by newly constructed homes valued between $7 million and $10 million. The property features a resurfaced in-ground salt water pool, complete with a new heater, as well as a new modern reverse osmosis water heater and zoned irrigation system. Inside, you'll find a fully functional indoor fireplace adorned with a brick surround, an impressive walk-in pantry, and a spacious eat-in kitchen showcasing a grand Italian marble cooking island and stainless steel appliances. For added convenience, there are two distinct laundry facilities, a colossal open-concept master closet, and California Closets throughout every room. This residence is officially classified as a five-bedroom home; however, the primary suite has been elegantly reconfigured to combine the primary suite and an additional bedroom into a spacious area, which can be easily restored to its original five-bedroom layout. The primary suite includes separate his and her bathrooms, with one featuring a luxurious whirlpool spa, while another boasts a standalone Roman tub; three bathrooms are equipped with walk-in showers, all culminating in a 6-bedroom, 4-bathroom layout with a 6-car garage. Adding to the property's appeal is a secure safe room, perfect for storing valuable items, outfitted with independent air conditioning, a reinforced concrete door, rebar support, and a key that cannot be duplicated. The security system is comprehensive, featuring a 12-camera CCTV setup, a burglar alarm, hurricane-impact windows and doors, high ceilings, and a 2018 painted metal roof. The exterior has been refreshed with Alabaster White paint, providing stunning panoramic views of the lake, alongside ample parking for visitors. The home is enhanced with automatic roll-up patio screens and retractable automatic drapes for convenience and style. A private security gate, complemented by an armed guard at the front, ensures peace of mind. Proof of funds and/or a pre-qualification letter is required for showings, and the listing agent must accompany all visits. Given the presence of pets and children on the premises, no showings are permitted between 11AM & 1PM, or after 6: 30 PM. Located just 3. 2 miles from the Winter Equestrian Festival (WEF) and Palm Beach International Equestrian Center (PBIEC), 1. 1 miles from the Poli Grounds, and a mere five-minute drive to the Wellington Mall, FL Turnpike, Whole Foods, Publix, Movie Theater, Wellington Mall, fine dining and local golf courses. This property is also only fifteen minutes from Palm Beach International Airport.

Features

  • Amenities: Jogging Path, Playground, Spa/Hot Tub, Putting Green, Street Lights
  • Rooms: 10
  • Bedrooms: 6
  • Baths: 4 full
  • Lot Size: 336' by 667'
  • Laundry: In Garage
  • Style: Colonial
  • Development: Homeland
  • Year Built: 2018
  • Garage: 6-car Attached
  • Heating: Central, Electric, Natural Gas, Zoned, Central Building
  • Cooling: Central Air, Electric, Zoned
  • Approx Sq. Feet: 4,672
  • Acreage: 5
  • Lot Size: 336' by 667'
  • Est. Taxes: $25,200
  • HOA Fee: $258 Monthly
  • Lot Desc: Interior Lot
  • View: Golf Course, Lake
  • Water Front: Yes
  • Boat Service: Boathouse
  • Elem. School: Panther Run (Palm Beach)
  • Middle School: Polo Park
  • High School: Wellington
  • Pool: Gunite, Heated, In Ground, Salt Water, Child Gate, Equipment Included
  • Pet Policy: Yes, No Restrictions
  • Appliances: Electric Water Heater, Gas Water Heater, Dryer, Disposal, Dishwasher, Free-Standing Freezer, Gas Range, Ice Maker, Microwave, Refrigerator, Water Heater, Washer
  • MLS#: RX-11160629
  • Website: https://www.raveis.com
    /eprop/RX-11160629/11230alligatortrail_lakeworth_fl?source=qrflyer
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Listing courtesy of LAB Real Estate LLC

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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:

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11230 Alligator Trail, Lake Worth, FL, 33449

$3,000,000

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 $2,400,000 $2,400,000 $2,400,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.000% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.154% 6.121% 6.011%
Monthly Tax Payment $2,100 $2,100 $2,100
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $13,627 $14,389 $19,930
Total Monthly Payment $15,852 $16,614 $22,155

* 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.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.