James Faloni Of Douglas Elliman Represents Buyer In $20M Equestrian Estate Sale In Wellington
4560 South Shore Boulevard & 13422 Indian Mound Road
$20,000,000
$516/SF
Building Size
38,761 SF
Asset Type
Single Family Residence
Closing
Jun 11, 2026
AI
The asset involved in this transaction is a newly built, world-class equestrian estate located at 4560 South Shore Boulevard and 13422 Indian Mound Road in Wellington. The property is a single-family home featuring an expansive 38,761 square feet of space and was sold for $20,000,000. This equestrian estate includes state-of-the-art facilities such as multiple barns, arenas, staff accommodations, and extensive acreage tailored for equestrian use in the competitive luxury market of Wellington.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $20,000,000
- Square Footage: 38,761
- Price Per Square Foot: $517
- Address: 4560 South Shore Boulevard & 13422 Indian Mound Road
- Market: Wellington
- Buyer's Representative: James Faloni - Douglas Elliman
- Seller's Representative: Sophie Ghedin - Compass
This transaction highlights the involvement of key individuals in the real estate sector. The buyer was represented by James Faloni from Douglas Elliman, while the seller was represented by Sophie Ghedin from Compass. Their representation played a crucial role in facilitating this off-market sale and reflects a robust demand for premier equestrian properties in the area.
Players
Wellington Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.79%
Cash-on-Cash
-0.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93