Luxury Estate with Flexible Living Spaces & Income Potential in WellingtonRare opportunity to acquire a versatile income-producing estate property situated on approximately 1.2 acres in one of Wellington's most desirable lifestyle and equestrian markets.The property features a spacious main residence along with multiple private living areas offering exceptional flexibility for guest accommodations, home office use, seasonal occupancy, or additional income opportunities.Property highlights include: 3 separate private entrances, parking capacity for approximately 5-8 vehicles, no HOA, a new roof installed in 2023, and a flexible estate-style layout with multiple living configurations.The property generated approximately $144,000 gross rental income in 2025, with strong seasonal demand driven by Wellington's internationally recognized equestrian season.Currently producing $1,500/month from a long-term tenant, with the option for the existing arrangement to remain in place or be terminated. Potential opportunity for owner-occupancy while generating additional rental income estimated between approximately $4,200-$6,100/month.Ideal opportunity for: Investors, Multi-generational living, Seasonal/equestrian housing, Hybrid owner-occupancy + income strategy, Short-term rental operation.Currently operating as a short-term rental property with established seasonal demand.Buyer to verify all measurements, zoning, uses, rental potential, and permit status.
| MLS # | A12024957 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1983 |
| Days On Site | 94 |
| Listing Provided By | Novik Real Estate LLC | Alesya Novik |
| Bed(s) | 6 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 3,377 |
| Garage | 1 |
| Pool | Yes |
| Story(s) | 1 |
| Zoning | WELL_PUD |
| Acreage | 1.21 |
| Property View | Yes |
| Lot Features | One To Two Acres, Fruit Trees, Oversized Lot, Sprinklers Automatic |
|---|
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Attached, Circular Driveway, Driveway, Garage, Guest |
| Tax Annual Amount | 18332 |
|---|
| State | FL |
|---|---|
| County | Palm Beach |
| City | Wellington |
| Zip Code | 33414 |
| Area | 5520 |
| Community Name | PINEWOOD OF WELLINGTON |
| Listing VS Median (in PINEWOOD OF WELLINGTON) | |
Price: $1,490,000 low | high Med: $1,975,000 sqft: 3,377 low | high Med: 3,610 $ / sqft: $441 low | high Med: $547 On site: 94 low | high Med: 90 | |
| State | FL |
|---|---|
| County | Palm Beach |
| City | Wellington |
| Zip Code | 33414 |
| Area | 5520 |
| Community Name | PINEWOOD OF WELLINGTON |
| Listing VS Median (in PINEWOOD OF WELLINGTON) | |
Price: $1,490,000 low | high Med: $1,975,000 sqft: 3,377 low | high Med: 3,610 $ / sqft: $441 low | high Med: $547 On site: 94 low | high Med: 90 | |