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For sale
  • $7,400,000

    2389 KING Terrace, Wellington, FL 33414

    5beds
    3,781sqft
    : 
    $51,500/mo
    Get pre-qualified
    Single Family Residence
    Built in 1988
    4.08 Acres Lot
    $6,386,600 Zestimate®
    $1,957/sqft
    $-- HOA

    What's special

    Ample acreagePrivate settingSeven large irrigated paddocksFour separate entrancesNelson automatic waterersSubstantial number of stallsThoughtfully arranged grounds
    Looking for an exceptional equestrian estate with ample acreage and a substantial number of stalls, while remaining just minutes from the showgrounds? Look no further. Set across two parcels totaling 6.01 acres in Saddle Trail, this impressive 30-stall farm is ideally situated directly on the bridle path, offering a convenient 15-minute hack to WEF. Created with the professional equestrian in mind, the farm features two premium barns with 24 and 6 stalls, a 115' x 215' all-weather fiber-mix arena with underground irrigation, an adjacent 1+ acre grass Grand Prix field, seven large irrigated paddocks, and a 6-horse Kraft covered walker. Both barns are outfitted with Roewer & Rueb bamboo wood stalls, Nelson automatic waterers, generous wash and grooming areas, and dedicated feed and tack rooms. The thoughtfully arranged grounds provide an efficient setup for training, boarding, and day-to-day operations, while the farm's strong history of lease income adds to its appeal as an investment opportunity. A separate owners' and riders' lounge offers a comfortable setting for relaxing and entertaining, complete with a kitchen, bathroom, and bar. The well-planned layout allows multiple parties to comfortably utilize the farm simultaneously while maintaining a sense of privacy and ease. There is a generous amount of mature landscaping & trees that creates a beautiful, park- like setting. The five-bedroom, 3.5-bath pool home is currently used as staff housing but offers excellent versatility for the future. Its private setting could readily accommodate a conversion to a luxurious primary residence, while the expansive grass field presents the additional possibility of constructing a custom main residence. Located on a desirable cul-de-sac directly along the bridle path, the facility provides seamless access to WEF and the surrounding equestrian community. Four separate entrances further enhance the property's functionality, allowing for efficient movement of horses, vehicles, staff, and guests. With its prime location, extensive equestrian infrastructure, residential flexibility, and proven income potential, this is a rare opportunity to own a premier farm in the heart of Saddle Trail. Property consists of two parcels: 73414417010710060 -4.08 acres, 73414417010710050 -1.93 acres
    2 days
    89
    10

    Zillow last checked:

    Listing updated:

    Listed by:

    Travis C Laas 561-906-7007,

    Engel & Volkers Wellington,

    Tina Bengtsson 561-762-2925,

    Engel & Volkers Wellington

    Source: BeachesMLS,MLS#: B26073857MLS LogoOriginating MLS: BeachesMLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 5
      • Full bathrooms: 3
      • 1/2 bathrooms: 2
      • Main level bathrooms: 5
      • Main level bedrooms: 5
      Primary bedroom
      • Level: First
      • Area: 272
      • Dimensions: 16 X 17
      Kitchen
      • Level: First
      • Area: 390
      • Dimensions: 26 X 15
      Living room
      • Level: First
      • Area: 240
      • Dimensions: 15 X 16
      Heating
      • Central, Electric
      Cooling
      • Central Air, Ceiling Fan(s), Electric
      Appliances
      • Included: Dryer, Dishwasher, Electric Range, Electric Water Heater, Freezer, Disposal, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
      • Laundry: Inside, Laundry Room, Laundry Tub, Sink
      Features
      • Dual Sinks, Eat-in Kitchen, High Ceilings, Main Level Primary, Pantry, Vaulted Ceiling(s), Walk-In Closet(s)
      • Flooring: Concrete, Ceramic Tile, Tile
      • Doors: French Doors
      • Has fireplace: No
      Interior area
      • Total structure area: 18,092
      • Total interior livable area: 3,781 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 4
      • Parking features: Attached, Circular Driveway, Driveway, Garage, Garage Door Opener, Guest
      • Attached garage spaces: 4
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: None
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Covered, Deck, Patio, Porch
      • Exterior features: Outdoor Living Area
      • Has private pool: Yes
      • Pool features: In Ground, Private
      • Fencing: Fenced
      • Has view: Yes
      • View description: Pond, Pool
      • Has water view: Yes
      • Water view: Pond
      • Waterfront features: Canal Access, Canal Front, Pond
      Lot
      • Size: 4.08 Acres
      • Dimensions: 6.01 acres
      • Features: 5-10 Acres, Cul-De-Sac, Landscaped, Sprinklers Automatic, Sprinkler System
      Details
      • Additional structures: Barn(s), Garage(s), Outbuilding, Pergola
      • Parcel number: 73414417010710060
      • Zoning: EOZD (city)
      • Special conditions: Standard
      • Other equipment: Irrigation Equipment
      • Horse amenities: Arena, Barn, Boarding Facilities, Hay Storage, Lounge, Pasture, Paddocks, Regulation Dressage, Round Pen, Riding Ring

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence
      Materials
      • Block, Stucco
      • Roof: Barrel,Concrete,Tile
      Condition
      • Resale
      • New construction: No
      • Year built: 1988

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Well
      • Utilities for property: Cable Available, Electricity Connected, Water Connected

      Community & HOA

      Community
      • Features: Equestrian Facilities
      • Security: Gated Community, Smoke Detector(s)
      • Subdivision: SADDLE TRAIL PARK OF WELLINGTON
      HOA
      • Has HOA: No
      Location
      • Region: Wellington

      Financial & listing details

      • Price per square foot: $1,957/sqft
      • Tax assessed value: $4,852,446
      • Annual tax amount: $49,390
      • Date on market: 9/8/2026
      • Cumulative days on market: 278 days
      • Listing terms: Cash,Conventional
      • Electric utility on property: Yes

        Estimated market value

        $6,386,600

        $5.11M - $7.92M

        Not available

        Price history

        DateEventPrice
        9/8/2026Price change$7,400,000-1.3%$1,957/sqft
        Source: BeachesMLS #B26073857 Report a problem
        11/2/2025Listed for sale$7,500,000$1,984/sqft
        Source: BeachesMLS #RX-11137238 Report a problem
        8/10/2025Listing removed$7,500,000$1,984/sqft
        Source: BeachesMLS #RX-11032697 Report a problem
        10/30/2024Listed for sale$7,500,000-11.8%$1,984/sqft
        Source: BeachesMLS #RX-11032697 Report a problem
        9/4/2024Listing removed$8,500,000$2,248/sqft
        Source: BeachesMLS #RX-10933775 Report a problem
        11/6/2023Listed for sale$8,500,000$2,248/sqft
        Source: BeachesMLS #RX-10933775 Report a problem
        10/1/2023Listing removed--
        Source: BeachesMLS #RX-10883991 Report a problem
        4/24/2023Listed for sale$8,500,000+17.2%$2,248/sqft
        Source: BeachesMLS #RX-10883991 Report a problem
        9/26/2017Listing removed$7,250,000$1,917/sqft
        Source: Engel & Volkers Wellington #RX-10139043 Report a problem
        8/11/2017Listed for sale$7,250,000$1,917/sqft
        Source: Engel & Volkers Wellington #RX-10139043 Report a problem
        10/27/2016Listing removed$7,250,000$1,917/sqft
        Source: Engel & Volkers Wellington #RX-10139043 Report a problem
        6/11/2015Listed for sale$7,250,000+154.4%$1,917/sqft
        Source: Engel Voelkers #RX-10139043 Report a problem
        5/7/2014Sold$2,850,000$754/sqft
        Source: BeachesMLS #R10039192 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$49,390 +5.1%$2,464,027 +9.8%
        2024$47,001 +13.6%$2,243,670 +9.7%
        2023$41,381 +5.4%$2,045,308 +9.5%
        2022$39,262 +7%$1,867,783 +10.1%
        2021$36,707 +13.8%$1,697,144 +9.5%
        2020$32,251 -7.6%$1,550,429 -6.9%
        2019$34,896 $1,664,612 +8.8%
        2018$34,896 +11.3%$1,529,695 +0.1%
        2017$31,350 -1%$1,528,039 +3.9%
        2016$31,681 0%$1,470,749 +15.1%
        2015$31,682 +132.5%$1,277,841 +113.3%
        2014$13,625 +12.4%$599,207 +9.1%
        2012$12,126 +0%$549,458 +2.1%
        2011$12,121 +0.1%$538,286 +0.9%
        2010$12,103 +4.1%$533,747 +0.1%
        2009$11,626 +13.4%$533,141 +1.6%
        2008$10,253 +0.7%$524,955 +2.3%
        2007$10,180 -4.9%$513,232 +2.8%
        2006$10,700 $499,171 +35.6%
        2005-- $368,103 +3.5%
        2004$4,234 +840.8%$355,532 +4.4%
        2003$450 -93.7%$340,406 +2.4%
        2002$7,158 +0.5%$332,428 +1.6%
        2001$7,123 +3%$327,193 +1.7%
        2000$6,917 +10.3%$321,676 -4.7%
        1999$6,272 $337,668
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Saddle Trail Park

        Getting around

        0 / 100
        Car-Dependent
        25 / 100
        Somewhat Bikeable

        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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