David Steward II Of Lion Forge Entertainment Acquires Equestrian Estate From Darin S. Goldstein For $17M
3351 Grand Prix Farms Road
$17,000,000
Building Size
—
Asset Type
Single Family
Closing
May 1, 2026
AI
A horse farm located at 3351 Grand Prix Farms Road in Wellington, FL, has been sold for $17,000,000. The property spans 7.82 acres and includes full equestrian facilities, featuring 38 stalls. It traded below its asking price of $18 million, reflecting a significant gain for the seller who purchased it in 1999 for $480,000.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $17,000,000
- Address: 3351 Grand Prix Farms Road
- Market: Wellington, FL
- Acres: 7.82
- Buyer: David Steward II - Lion Forge Entertainment
- Seller: Darin S. Goldstein
- Buyer's Representative: Scott Fitton - Engel & Völkers Wellington
- Seller's Representative: Ryan Beckett - BitRealty
David Steward II acquired the property from Darin S. Goldstein, with Scott Fitton representing him in the transaction, while Ryan Beckett acted as the representative for the seller. This transaction showcases a shift in ownership within Wellington’s Grand Prix Farms community.
Players
Grant Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.93%
Cash-on-Cash
-0.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93