If you have $22.9 million sitting around your current abode, there is an equestrian estate in Palm Beach, Florida up for grabs. Current owner, former FedEx CEO and President Ted Weise has listed the property with Sotheby’s International Realty. Weise bought the 50-acre ranch back in 2004 for $2.7 million and done extensive construction and re-decoration work that now reflects the asking price. Estate has three large structures – a 12,000-square-foot home, a guesthouse and a barn with eight stalls and stables – all built according to Miami/Dade hurricane specifications including with generators.
There are 5 bedrooms, 5 full baths, and 3 half baths in the Mediterranean style main house, most of them with great views of the beautiful private lake and the stable. Main house also consists of a heated saltwater pool, a chef’s kitchen, a 1,000-bottle wine room, a ground floor master, a safe house, an observation lounge and a terrace with great views of the property.
Being an equestrian estate it has plenty of facilities devoted to the sport such as a riding and jumping arena, eight turnout paddocks, and beautiful riding trails that wind through cypress and pine trees. It also pass by the celebrated Dye Preserve Golf Course on the western boundary of the property. Located in the gated community of Ranch Colony, the property is surrounded by over 20,000 acres of nature preserves with plenty of access to riding trails, parks, and community trails for horseback riding enthusiasts.
Outdoor features include a heated attached garage, deck, in-ground pool, room for tennis, outdoor BBQ, heated pool and a yard. Because it is surrounded by the nature preserve, property offer plenty of stunning views ranging from a lakefront, water, wooded and the lake view. Located in Jupiter, FL, estate is just a half hours drive from Palm Beach.
Source: Sotheby’s International Realty