20 days on rocket

12198 40th St S, Wellington, FL, 33449

$15,900,000

9 Bedrooms
8 Full Baths, 1 Partial
10,192 SqFt
$1,560/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
Parking2+ Spaces, Carport - Detached, Covered, Drive - Circular, Driveway, Garage - Attached, RV/Boat
Attached Garage4 spaces
Year Built2009
HeatingCentral
CoolingCeiling Fan(s), Central Air
WaterfrontLake Front
ViewLake
MLS #RX-10976555
StatusActive

About 12198 40th St S

Welcome! This MAGNIFICENT LUXURY MEDITERRANEAN ESTATE boasts 13,656 total sq/ft ~ (10,192 ua). A true oasis of luxury nestled on just over 5 acres of meticulously manicured grounds. With its sprawling 10,000+ square feet of living space and nine lavish bedroom suites, this residence offers an unparalleled level of grandeur and sophistication. As you approach the estate, you are greeted by an impressive gated entrance that opens up to a sweeping driveway, lined with palm trees and lush landscaping. The attention to detail is evident from the moment you arrive, as the architectural beauty of the Mediterranean style is showcased in every aspect of the property. Step inside the grand foyer, adorned with exquisite marble flooring and a soaring ceiling, and be prepared to be enchanted by the

Property Details

Property Features

Property Information:

  • Architectural Style: < 4 Floors
  • Year Built: 2009
  • Stories: 2
  • Living Area: 10,192 SqFt

Listing Office:

  • Office Name: Keller Williams Dedicated Prof
  • Office Phone: (954) 533-7443
  • Listing Agent: Renee R Goodemote

Interior Features

Interior Information:

  • Appliances: Automatic Garage Door Opener, Cooktop, Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Solar Water Heater, Oven, Washer
  • Flooring Type: Marble
  • Interior: Ctdrl/Vault Ceilings, Entry Lvl Lvng Area, Foyer, French Door, Kitchen Island, Laundry Tub, Pantry, Split Bedroom, Volume Ceiling, Walk-in Closet

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 8
  • Total Bedroom Count: 9

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Lake Front
  • View: Lake
  • Exterior: Built-in Grill, Covered Patio, Custom Lighting, Fence, Fruit Tree(s), Room for Pool

Parking Information:

  • Garage Space: 4 spaces
  • Attached Garage: Yes
  • Parking: 2+ Spaces, Carport - Detached, Covered, Drive - Circular, Driveway, Garage - Attached, RV/Boat

Virtual/3D Tour

  • Virtual Tour: 12198 40th St S

Virtual Tour

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Ceiling Fan(s), Central Air

School Info

Assigned Schools Information:

  • Wellington Community High School, Public Magnet Grades 9-12
  • Polo Park Middle School, Public District Grades 6-8
  • Panther Run Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $15,900,000
  • Price Per SqFt: $1,560/SqFt

Tax Information:

  • Annual Amount: $30,740
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Wellington, FL.

Med. Sold Price

$695K

Med. Price/SqFt

$313

Avg. Days On Market

89

# of Sold Homes

57

12198 40th St S vs Wellington

20 DAYS ON ROCKET

-69 Days

$15,900,000

+$15.2M More

$1,560/SqFt

+$1.2K More

KEY TAKEAWAY

This property is $15.2M more than the Median Sold Price and $1.2K/SqFt more than other homes in Wellington, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #RX-10976555

Listing Office:

  • Office Name: Keller Williams Dedicated Prof
  • Office Phone: (954) 533-7443
  • Listing Agent: Renee R Goodemote

IDXAll listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc.

This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 11:25:16 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 19, 2001Home Sold
$197,500

Tax History

YEARPROP. TAXASSESSMENT
2020$30,740$1,489,287
2019$30,394$1,455,804
2018$29,080$1,428,659
2017$28,825$1,399,274

History based on county public records data.

Payment Calculator

$79.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$47.7K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3402898
10
/10
  • Panther Run Elementary School

  • 10775 Lake Worth Rd

  • 1.39 miles

  • Public District Grades PK-5

Middle School

school-card-donut-3402899
8
/10
  • Polo Park Middle School

  • 11901 Lake Worth Rd

  • 0.36 miles

  • Public District Grades 6-8

High School

school-card-donut-3402900
7
/10
  • Wellington Community High School

  • 2101 Greenview Shores Blvd

  • 2.61 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $89,604. The most common annual income of people living in Wellington, FL is between $35k-100k. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 12198 40th St S

What is the listing price of this property?

The listing price of 12198 40th St S property is $15,900,000.

What type of property is this?

The property 12198 40th St S is a house located in Wellington, Florida, 33449.

Is this property for sale now?

Active Listing: 12198 40th St S is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 12198 40th St S are:
Panther Run Elementary School: GreatSchools Rating 10/10
Polo Park Middle School: GreatSchools Rating 8/10
Wellington Community High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $30,740 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 19, 2001 for $197,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 12198 40th St S has 9 bedrooms and 8 full and 1 half bathrooms.

What is the square footage of this property?

The property 12198 40th St S is 10,192 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 12198 40th St S is 2009.
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Rocket Homes›Florida›Palm Beach County›Wellington›33449›12198 40th St S

This home is located at 12198 40th St S in Wellington, FL and zip code 33449. This 10,192 square foot home was built in 2009. Features: 9 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since April 09, 2024 and is currently priced at $15,900,000.

Over 2 listings were sold over their listed price in March 2024 in Wellington, FL. In the same period over 48 listings were sold below the listed price and 7 listings were sold for the listed price. The number of homes for sale in Wellington, FL increased by 12.4% between February 2024 and March 2024. The median list price of listings available in March 2024 was $695,000, while the average time on the real estate market was 89 days.

From Rocket Homes Real Estate and based on county public records data.

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