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Welcome to your private acre retreat in the highly sought after Palm Beach Ranchettes, one of the few no HOA communities with spacious properties just minutes from everything. This property features a resort style backyard with a brand new saltwater pool and spa, pickleball/basketball court, and private guest building that truly sets it apart. Situated on a fully fenced 1. 01 acre lot, the property includes a 3-bedroom, 2-bath main home (2, 155 sq ft) with an open living area, spacious kitchen with quartz countertops and a large island, and a split floorplan. The primary suite has a custom walk-in closet, barn door entry, and dual sinks, while the secondary bathroom was fully renovated in 2023. Impact windows and doors throughout provide added comfort and peace of mind. A separate 1, 250 sq ft guest house with a large utility garage provides flexibility for guests, extended family, workspace, or creative use. Step outside to a fully screened, oversized L-shaped patio with motorized screens, opening to the custom saltwater sport pool (built in 2024) with marble decking and an above-ground spa, all app-controlled. The property also features a covered pavilion with electric, a professionally installed 30' x 60' pickleball/basketball court, six organic garden beds with irrigation, and a variety of mature fruit trees. Additional highlights include an oversized concrete driveway with room for multiple vehicles, boats, and recreational equipment, all secured by dual electronic gates. Located just minutes from The Mall at Wellington Green, Whole Foods, Trader Joe's, Florida's Turnpike, and A-rated schools, this home gives the rare opportunity to enjoy acreage living with unmatched convenience. This one-of-a-kind property provides a lifestyle that's hard to find in South Florida.
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$1,250,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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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 | $1,000,000 | $1,000,000 | $1,000,000 |
| 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 | 6.132% | 6.259% | 6.183% |
| Monthly Tax Payment | $687 | $687 | $687 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,915 | $6,076 | $8,439 |
| Total Monthly Payment | $6,726 | $6,887 | $9,250 |
* 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.