Coveted expansive water & golf views! This well situated home is perfectly set back from the street creating the ultimate curb appeal. Immaculately Renovated 4 Bedroom, 5 Bathroom home presenting over 3000 sq ft of living space in the desirable and luxury driven community of Ballenisles. Impressive and picturesque views from inside and outside of the home. Wide and tall windows expose the stunning landscape and scenery of lake views and 4 perfectly placed palm trees. New Heated Pool and Spa. Expansive Master Suite provides plenty of space, spacious bathroom with separate vanity areas, Tub and Separate Shower and Two large walk in closets. Must see! Sought after Racquets membership available with the ability to upgrade to Sports or Golf membership right away if buyer chooses to upgrade. Ballenisles Country Club offers world class amenities and facilities, with three Championship Golf courses, Top Rated Tennis Facility, a beautiful Newly Renovated Clubhouse and sports complex, 6 Dining Options, Pickleball, Fitness Center, Gym, Sauna, Spa, Pool, Meeting Rooms, Dog Park, Walking Paths, Concierge Services and so much more!
Sold for $2,029,800
$2,029,800
40 Somerset Terrace, Palm Beach Gardens, FL 33418
4beds
3,383sqft
Single Family Residence
Built in 1995
0.29 Acres Lot
$3,056,000 Zestimate®
$600/sqft
$12,194 Estimated rent
Home value
$3,056,000
$2.63M - $3.61M
$12,194/mo
Zestimate® history
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$14,536/mo
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Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Michael L Leibowitz 561-262-0721,
Leibowitz Realty Group, LLC./PBG,
Andrew A Leibowitz 561-262-0722,
Leibowitz Realty Group, LLC./PBG
Bought with:
Victoria Wolf Rosenfield, 3354685
Leibowitz Realty Group, LLC./PBG
Source: BeachesMLS,MLS#: R10936971
Originating MLS: BeachesMLS
Originating MLS: BeachesMLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
- Main level bathrooms: 5
- Main level bedrooms: 4
Primary bedroom
- Level: Main
- Area: 352
- Dimensions: 22 X 16
Bedroom 2
- Level: Main
- Area: 168
- Dimensions: 14 X 12
Bedroom 3
- Level: Main
- Area: 168
- Dimensions: 14 X 12
Bedroom 4
- Level: Main
- Area: 156
- Dimensions: 13 X 12
Dining room
- Level: Main
- Area: 110
- Dimensions: 11 X 10
Dining room
- Level: Main
- Area: 168
- Dimensions: 14 X 12
Family room
- Level: Main
- Area: 323
- Dimensions: 19 X 17
Kitchen
- Level: Main
- Area: 210
- Dimensions: 15 X 14
Living room
- Level: Main
- Area: 380
- Dimensions: 20 X 19
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
- Laundry: Inside, Laundry Closet
Features
- Built-in Features, Bathtub, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Family/Dining Room, Kitchen Island, Pantry, Split Bedrooms, Soaking Tub, Separate Shower, Walk-In Closet(s)
- Flooring: Ceramic Tile, Other
Interior area
- Total structure area: 4,543
- Total interior livable area: 3,383 sqft
Property
Parking
- Total spaces: 3
- Parking features: Attached, Garage, Garage Door Opener
- Attached garage spaces: 3
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Patio
- Exterior features: Outdoor Living Area
- Has private pool: Yes
- Pool features: Heated, In Ground, Association
- Has spa: Yes
- Spa features: Heated, In Ground
- Fencing: Fenced
- Has view: Yes
- View description: Golf Course, Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake Front
Lot
- Size: 0.29 Acres
- Dimensions: .28 ACRES
- Features: 1/4 to 1/2 Acre Lot
Details
- Parcel number: 52424211200000570
- Zoning: PUD
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Block
Condition
- Resale
- New construction: No
- Year built: 1995
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, Property Manager On-Site
- Security: Security System Owned, Gated with Guard, Gated Community
- Membership fee: $125,000
- Subdivision: BALLENISLES COUNTRY CLUB
HOA
- Has HOA: Yes
- Amenities included: Business Center, Clubhouse, Dog Park, Fitness Center, Golf Course, Picnic Area, Pickleball, Pool, Putting Green(s), Recreation Facilities, Restaurant, Sauna, Spa/Hot Tub, Sidewalks, Tennis Court(s), Trail(s)
- Services included: Common Areas, Security
- HOA fee: $595 monthly
- Additional fee info: Membership Fee: 125000
Location
- Region: Palm Beach Gardens
Financial & listing details
- Price per square foot: $600/sqft
- Tax assessed value: $2,032,768
- Annual tax amount: $20,533
- Date on market: 12/18/2023
- Cumulative days on market: 12 days
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 1/31/2024 | Sold | $2,029,800-15.2%$600/sqft |
Source:  BeachesMLS #R10936971 Report a problem | ||
| 1/20/2024 | Listed for sale | $2,395,000$708/sqft |
Source: BeachesMLS #RX-10936971 Report a problem | ||
| 12/29/2023 | Contingent | $2,395,000$708/sqft |
Source: BeachesMLS #RX-10936971 Report a problem | ||
| 12/18/2023 | Listed for sale | $2,395,000$708/sqft |
Source: BeachesMLS #RX-10936971 Report a problem | ||
| 11/25/2023 | Listing removed | -- |
Source: BeachesMLS #RX-10936971 Report a problem | ||
| 11/25/2023 | Listed for sale | $2,395,000+152.1%$708/sqft |
Source: BeachesMLS #RX-10936971 Report a problem | ||
| 2/4/2016 | Sold | $950,000+26.7%$281/sqft |
Source: BeachesMLS #R10205193 Report a problem | ||
| 12/11/2009 | Sold | $750,000+31.1%$222/sqft |
Source: Public Record Report a problem | ||
| 1/22/1996 | Sold | $571,900+285.6%$169/sqft |
Source: Public Record Report a problem | ||
| 5/9/1995 | Sold | $148,300$44/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $37,317 +60.1% | $2,032,768 +148.6% |
| 2024 | $23,307 +13.5% | $817,585 +10% |
| 2023 | $20,533 +40.8% | $743,259 +10% |
| 2022 | $14,584 +15.5% | $675,690 +10% |
| 2021 | $12,626 +8.1% | $614,264 +9.9% |
| 2020 | $11,679 -12.3% | $559,175 -11.9% |
| 2019 | $13,323 | $634,450 -0.9% |
| 2018 | $13,323 +1.2% | $639,998 -6.9% |
| 2017 | $13,171 -10.5% | $687,282 +12.1% |
| 2016 | $14,715 +2.4% | $613,153 +10% |
| 2015 | $14,377 +6.6% | $557,412 +10% |
| 2014 | $13,487 +5.3% | $506,738 -2.6% |
| 2013 | $12,804 +5.4% | $520,138 +7.7% |
| 2012 | $12,152 -5% | $482,953 -4.2% |
| 2011 | $12,796 -1.4% | $503,982 -1% |
| 2010 | $12,981 -3.2% | $509,169 -14.9% |
| 2009 | $13,416 +8% | $598,400 -0.1% |
| 2008 | $12,418 +1.9% | $598,848 +3% |
| 2007 | $12,188 -5.2% | $581,406 +2.5% |
| 2006 | $12,852 | $567,225 +3% |
| 2005 | -- | $550,704 +3% |
| 2004 | $6,593 +365.8% | $534,664 +1.9% |
| 2003 | $1,415 -88.7% | $524,695 +2.4% |
| 2002 | $12,487 -2.6% | $512,397 +1.6% |
| 2001 | $12,824 +14.5% | $504,328 +3% |
| 2000 | $11,199 +18.3% | $489,639 -2.8% |
| 1999 | $9,464 | $503,783 |
Find assessor info on the county website
Neighborhood: Ballenisles
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Nearby schools
GreatSchools rating
- 10/10Timber Trace Elementary SchoolGrades: PK-5Distance: 1.7 mi
- 8/10Watson B. Duncan Middle SchoolGrades: 6-8Distance: 1.8 mi
- 3/10Palm Beach Gardens High SchoolGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- Elementary: Timber Trace
- Middle: Watson B. Duncan
- High: Palm Beach Gardens
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
$3,056,000
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Estimated market value
$3,056,000
- Florida
- Palm Beach County
- Palm Beach Gardens
- 33418
- Ballenisles
- 40 Somerset Terrace
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Nearby zip codes
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