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Sold for $9,500,000
  • $9,500,000

    12479 Cypress Island Way, Wellington, FL 33414

    5beds
    6,954sqft
    Single Family Residence
    Built in 2017
    0.69 Acres Lot
    $9,790,900 Zestimate®
    $1,366/sqft
    $56,497 Estimated rent

    Home value

    $9,790,900

    $8.71M - $10.87M

    $56,497/mo

    Zestimate® history
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    What's special

    This exquisite custom estate home, nestled within the prestigious private enclave of Cypress Island in the Palm Beach Polo and Country Club, epitomizes luxury living at its finest. Spanning over an opulent layout with nearly 7,000 SF of living space, this residence boasts five bedrooms and five full baths, complemented by two half baths, more than 1,000 SF of screened outdoor living space and accommodates four vehicles comfortably with oversized garages, plus room for golf carts.As you step inside, you are greeted by soaring high ceilings of the formal living room and its beautiful views of the fountains and infinity edge pool. The east wing begins with a spacious office adorned with meticulous custom woodworking, reflecting the home's attention to detail throughout. The grandeur extends into the large master suite, a sanctuary featuring a coffee bar, Subzero fridge, sitting area, and two expansive walk-in closets with custom built-ins and island with luxurious storage. Floor-to-ceiling windows offer serene views of the pool area and a private loggia, adding an intimate outdoor retreat. The master bath is a masterpiece of luxury, featuring a double walk-in shower with multiple shower heads, a stunning oval hammered freestanding soaking tub, and dual vanities with dual water closets. The elegance continues with a formal dining room, a temperature-controlled wine room, and a butler's pantry, equipped with Subzero beverage fridge and ice-maker, leading to a gourmet kitchen. This culinary haven is outfitted with top-of-the-line Wolf and Subzero appliances, custom cabinetry, quartz countertops, and double dishwashers. Open-concept Great Room includes expansive pocketing glass sliding doors that open up entirely, creating unobstructed views and access to the backyard through the outdoor living space. The west wing of the home boasts the four additional bedrooms, all including en suite bathrooms, walk-in closets, culminating with a VIP guest suite located upstairs, complete with a wet bar and private terrace. Outdoor living is equally impressive, featuring a summer kitchen, including Wolf gas grill, Subzero fridge and ice-maker, pool bath, gas fireplace, and remote-controlled retractable screen enclosures. The saltwater heated pool, complete with fire features and spa, along with an intimate fire pit area, offers a luxurious oasis for relaxation or entertaining. Ensuring peace of mind and privacy, the property is fully-fenced and the home is secured by its own private electric gate and is equipped with a full-home generator. Control4 home automation technology delivers a "Smart Home" experience for everything from music to lighting to home security system and is controlled by the push of a button or an app on your phone from anywhere in the world. This property is a true gem, offering an unparalleled blend of luxury, comfort, and security in one of the most coveted locations in Palm Beach Polo.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kimberley L Jenard 561-653-6195,

    Douglas Elliman Wellington

    Bought with:

    Andrew A Leibowitz, 0596219

    Leibowitz Realty Group, LLC./PBG

    Source: BeachesMLS,MLS#: R10966489MLS LogoOriginating MLS: BeachesMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 7
    • Full bathrooms: 5
    • 1/2 bathrooms: 2
    • Main level bathrooms: 7
    • Main level bedrooms: 5
    Heating
    • Central, Electric, Zoned
    Cooling
    • Central Air, Electric, Zoned
    Appliances
    • Included: Dryer, Dishwasher, Free-Standing Freezer, Disposal, Gas Range, Gas Water Heater, Ice Maker, Microwave, Oven, Refrigerator, Water Heater, Washer
    • Laundry: Inside, Laundry Tub
    Features
    • Breakfast Bar, Built-in Features, Bathtub, Central Vacuum, Dining Area, Separate/Formal Dining Room, Dual Sinks, High Ceilings, Kitchen Island, Kitchen/Dining Combo, Main Level Primary, Pantry, Sitting Area in Primary, Split Bedrooms, Soaking Tub, Separate Shower, Walk-In Closet(s)
    • Flooring: Carpet, Marble, Wood
    • Windows: Blinds, Drapes, Sliding
    • Has fireplace: Yes
    • Furnished: Yes
    Interior area
    • Total structure area: 11,070
    • Total interior livable area: 6,954 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Attached, Garage, Golf Cart Garage, Garage Door Opener
    • Attached garage spaces: 4
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Entry Level Living Area Y
    • Patio & porch: Covered, Open, Patio, Screened, Balcony
    • Exterior features: Built-in Barbecue, Balcony, Barbecue, Lighting, Outdoor Kitchen, Outdoor Living Area
    • Has private pool: Yes
    • Pool features: Heated, In Ground, Pool Equipment, Salt Water, Association, Outside Bath Access
    • Has spa: Yes
    • Spa features: Heated, In Ground
    • Fencing: Fenced
    • Has view: Yes
    • View description: Lake, Pool
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Lake Front
    Lot
    • Size: 0.69 Acres
    • Features: Sprinklers Automatic, Sprinkler System
    Details
    • Parcel number: 73414415210000060
    • Zoning: WELL_P
    • Special conditions: Listed As-Is
    • Other equipment: Fuel Tank(s)

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Colonial
    • Property subtype: Single Family Residence
    Materials
    • Block
    • Roof: Flat
    Condition
    • Resale
    • New construction: No
    • Year built: 2017

    Utilities & green energy

    • Electric: 3 Phase
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Sewer Available, Water Available

    Community & HOA

    Community
    • Features: Home Owners Association, Gated, Street Lights
    • Security: Security System Owned, Closed Circuit Camera(s), Gated with Guard, Gated Community, Smoke Detector(s), Security Guard, Security Lights
    • Membership fee: $6,000
    • Subdivision: CYPRESS ISLAND OF PALM BEACH POLO & COUN
    HOA
    • Has HOA: Yes
    • Amenities included: Clubhouse, Dog Park, Fitness Center, Golf Course, Pickleball, Pool, Restaurant, Sidewalks, Tennis Court(s), Trail(s)
    • Services included: Common Areas
    • HOA fee: $547 monthly
    • HOA phone: 561-249-1477
    • Additional fee info: Membership Fee: 6000
    Location
    • Region: Wellington

    Financial & listing details

    • Price per square foot: $1,366/sqft
    • Tax assessed value: $7,524,603
    • Annual tax amount: $105,197
    • Date on market: 3/7/2024
    • Cumulative days on market: 50 days
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    5/30/2024Sold$9,500,000-11.6%$1,366/sqft
    Source: BeachesMLS #R10966489 Report a problem
    4/26/2024Pending sale$10,750,000$1,546/sqft
    Source: BeachesMLS #RX-10966489 Report a problem
    3/7/2024Listed for sale$10,750,000+53.6%$1,546/sqft
    Source: BeachesMLS #RX-10966489 Report a problem
    11/10/2017Sold$7,000,000-5.3%$1,007/sqft
    Source: BeachesMLS #R10300116 Report a problem
    10/23/2017Pending sale$7,395,000$1,063/sqft
    Source: Engel & Volkers Wellington #RX-10300116 Report a problem
    1/25/2017Listed for sale$7,395,000+824.4%$1,063/sqft
    Source: Engel & Volkers Wellington #RX-10300116 Report a problem
    10/9/2015Sold$800,000-8.6%$115/sqft
    Source: BeachesMLS #R10123531 Report a problem
    4/7/2015Listed for sale$875,000+52.2%$126/sqft
    Source: Engel Voelkers #RX-10123531 Report a problem
    2/7/2013Sold$575,000$83/sqft
    Source: Public Record Report a problem
    6/17/2012Listed for sale$575,000$83/sqft
    Source: PALM BEACH POLO REALTY #R3289517 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$141,017 +30.7%$7,524,603 +31.7%
    2024$107,933 +2.6%$5,715,586 +9%
    2023$105,196 +7.6%$5,245,364 +10%
    2022$97,770 +12.9%$4,768,513 +10%
    2021$86,600 +1.8%$4,335,012 +2.6%
    2020$85,090 -17.6%$4,225,676 -16.8%
    2019$103,224 $5,077,248 +4.5%
    2018$103,224 +7.3%$4,856,386 +611.5%
    2017$96,163 +595.1%$682,600
    2016$13,834 -2.4%$682,600 +18.2%
    2015$14,169 +24.4%$577,655 +10%
    2014$11,390 +77.3%$525,141 +222.3%
    2013$6,424 +7.7%$162,955 +10%
    2012$5,964 +25.1%$148,141 +10%
    2011$4,765 +45.1%$134,674 +10%
    2010$3,284 +27.6%$122,431 +10%
    2009$2,573 -23.1%$111,301 -32.9%
    2008$3,346 -13.7%$165,750 -15%
    2007$3,877 -7.8%$195,000
    2006$4,206 $195,000
    2005-- $195,000 +18.2%
    2004$2,113 -58.6%$165,000 -26.7%
    2002$5,107 $225,000
    2001-- --
    Find assessor info on the county website

    Neighborhood: 33414

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: New Horizons
    • Middle: Polo Park
    • High: Wellington

    Source: BeachesMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $9,790,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $9,790,900