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Sold for $2,000,000
  • $2,000,000

    55 Somerset Lane, Palm Beach Gardens, FL 33418

    5beds
    3,457sqft
    Single Family Residence
    Built in 1995
    -- sqft lot
    $3,678,900 Zestimate®
    $579/sqft
    $7,857 Estimated rent

    Home value

    $3,678,900

    $3.13M - $4.41M

    $7,857/mo

    Zestimate® history
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    What's special

    Welcome to 55 Somerset, an Elegant Courtyard Custom Estate in Prestigious Ballenisles Country Club overlooking breathtaking golf and pool views. Nestled on a private corner lot in a cul-de-sac, this spacious home offers a unique blend of comfort, privacy and functionality. The over 3400 sq ft single story main residence features 3 bedrooms and 4 full baths, complemented by an attached 2-story casita (under air space size TBD) with 2 additional bedrooms, 2 full baths, a wet bar, balcony overlooking perfect picturesque views and a private entrance to the second level via exterior stairs. The extremely bright and light-filled interior boasts 12x12 tile flooring, carpeted bedrooms, electric window treatments and a phenomenal floor plan in your entertaining area. You'll love how the large kitchen opens to a wall of windows displaying the artistry of the homes architecture and outdoor space. The primary suite offers two walk-in closets, two full bathrooms, a sunken corner tub, and a shared shower. Additional highlights include a den, a laundry room with a utility sink, and a 2-car garage plus golf cart storage. Step outside to the tropical courtyard oasis, where a heated pool and spa create the perfect setting for relaxation. Enjoy outdoor living with a covered and open patio, summer kitchen, and fenced-in yard. Situated in the sought-after BallenIsles Country Club featuring world-class amenities, including three championship golf courses, a state-of-the-art fitness center, tennis and pickleball courts, a luxurious clubhouse with multiple fine dining options, recently renovated community pool and so much more. Schedule your private tour today to experience the exceptional potential of this residence.

    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:

    Laureen Mellon Rubino, 3337977

    Coldwell Banker Realty

    Laureen Mellon Rubino, 3337977

    Coldwell Banker Realty

    Source: BeachesMLS,MLS#: R11074246MLS LogoOriginating MLS: BeachesMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 6
    • Full bathrooms: 6
    • Main level bathrooms: 5
    • Main level bedrooms: 4
    Primary bedroom
    • Level: Main
    • Area: 180
    • Dimensions: 15 X 12
    Kitchen
    • Level: Main
    • Area: 180
    • Dimensions: 15 X 12
    Living room
    • Level: Main
    • Area: 272
    • Dimensions: 16 X 17
    Heating
    • Central, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Cooktop, Dryer, Dishwasher, Gas Range, Oven, Refrigerator, Washer
    • Laundry: Inside, Laundry Tub
    Features
    • Bidet, Built-in Features, Breakfast Area, Bathtub, Cathedral Ceiling(s), Central Vacuum, Dual Sinks, Entrance Foyer, Garden Tub/Roman Tub, High Ceilings, Main Level Primary, Multiple En Suite Bathrooms, Split Bedrooms, Soaking Tub, Separate Shower, Vaulted Ceiling(s), Bar, Walk-In Closet(s)
    • Flooring: Carpet
    Interior area
    • Total structure area: 4,290
    • Total interior livable area: 3,457 sqft

    Property

    Parking
    • Total spaces: 2.5
    • Parking features: Attached, Garage
    • Attached garage spaces: 2.5
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Entry Level Living Area Y
    • Patio & porch: Patio, Porch
    • Exterior features: Outdoor Kitchen, Outdoor Living Area
    • Has private pool: Yes
    • Pool features: In Ground, Association
    • Has spa: Yes
    • Spa features: In Ground
    • Has view: Yes
    • View description: Garden, Pool
    • Waterfront features: None
    Lot
    • Features: 1/4 to 1/2 Acre Lot, Sprinkler System
    Details
    • Parcel number: 52424211200000490
    • Zoning: residential

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Block
    • Roof: Barrel,Spanish Tile
    Condition
    • Resale
    • New construction: No
    • Year built: 1995

    Utilities & green energy

    • Electric: 3 Phase
    • Utilities for property: Cable Available

    Community & HOA

    Community
    • Features: Home Owners Association, Gated, Street Lights
    • Security: Security System Owned, Gated with Guard, Gated Community
    • Membership fee: $135,000
    • Subdivision: BALLENISLES
    HOA
    • Has HOA: Yes
    • Amenities included: Billiard Room, Business Center, Clubhouse, Dog Park, Fitness Center, Pickleball, Pool, Restaurant, Tennis Court(s)
    • HOA fee: $649 monthly
    • HOA phone: 561-625-5724
    • Additional fee info: Membership Fee: 135000
    Location
    • Region: Palm Beach Gardens

    Financial & listing details

    • Price per square foot: $579/sqft
    • Tax assessed value: $1,924,067
    • Annual tax amount: $10,468
    • Date on market: 3/22/2025
    • Cumulative days on market: 5 days
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    4/11/2025Sold$2,000,000-12.9%$579/sqft
    Source: BeachesMLS #R11074246 Report a problem
    3/22/2025Listed for sale$2,295,000+1326.4%$664/sqft
    Source: BeachesMLS #RX-11074246 Report a problem
    2/3/1995Sold$160,900$47/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$35,376 +238%$1,924,067 +234.8%
    2024$10,467 +3.7%$574,613 +3%
    2023$10,094 +1.5%$557,877 +3%
    2022$9,945 -1.6%$541,628 +3%
    2021$10,104 +0.3%$525,852 +1.4%
    2020$10,076 -12.7%$518,592 -11.4%
    2019$11,536 $585,391 -0.7%
    2018$11,536 +1.3%$589,347 +2.1%
    2017$11,387 -2.9%$577,225 +2.1%
    2016$11,729 -2.7%$565,353 +0.7%
    2015$12,054 -2.5%$561,423 +19%
    2014$12,363 +2.9%$471,970 -2.3%
    2013$12,016 +5.3%$483,159 +7.7%
    2012$11,412 -4.9%$448,698 -4.1%
    2011$11,995 -1.4%$467,693 -1%
    2010$12,166 -9%$472,543 -15%
    2009$13,370 +1%$555,690 -7.5%
    2008$13,241 -8%$600,615 -10.5%
    2007$14,395 -8.3%$670,935 -1.1%
    2006$15,706 $678,602 +16.3%
    2005-- $583,264 +10.1%
    2004$6,853 +384.3%$529,819 -1.8%
    2003$1,415 -89.7%$539,805
    2002$13,686 -1.9%$539,805 +2.2%
    2001$13,945 +20.4%$527,962 +9.5%
    2000$11,578 +14.6%$482,033 -0.1%
    1999$10,103 $482,276
    Find assessor info on the county website

    Neighborhood: Ballenisles

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $3,678,900
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $3,678,900