A 34-acre luxury equestrian compound in Vero Beach, Florida, is to go under the hammer next month, with a $US1 million reserve.
The property, known as Atlantic Crossing Stables, was previously offered for $US2.5 million.
It will be auctioned on June 21 by Platinum Luxury Auctions. The firm will conduct the sale in cooperation with listing agent David Ashcroft, of Treasure Coast Sotheby’s International Realty.
Previously the clubhouse and operational facility for the Vero Beach Polo Club, the property was sold to a family who converted it into a private equestrian farm and training ground.
Notable features include an 11-acre “stick and ball” / jumping field, a three-acre bridle path, 48 stalls, 23 paddocks, three turnout pastures, two jumping arenas, and dressage and round pen arenas.
The property’s main barn and out-structures offer air-conditioned tack rooms, a substantial clubhouse, laundry, office, feed, and utility rooms, and living quarters with three bedrooms and four bathrooms.
The clubhouse’s outdoor entertainment and barbecue area serves as an ideal venue for large events.
“Atlantic Crossing Stables is an excellent acquisition opportunity for the right purchaser,” Ashcroft said.
“I think it would be nearly impossible to recreate the property today for less than 2.5 to 3 million, at a minimum.”
The property is just a 2.5-hour drive south of Ocala, a 1.5-hour drive north of Wellington, and a 2-hour drive north of the Gulfstream Racing & Casino Park in Hallandale Beach.
Often referred to as “Florida’s Hamptons” for its collection of large waterfront mansions and elite club communities, Vero Beach offers a balance of luxury, privacy and serenity for its residents, earning it the title of “The Best Small Town in Florida” by America’s Guide to Small Towns.
Trayor Lesnock, Platinum’s president and founder, said: “This will be our fourth Vero Beach auction within the past 15 months, and we’re confident it will be the fourth consecutive sale here as well,” said.
“Atlantic Crossing Stables is a uniquely positioned horse facility, located just off of Interstate-95 but also only ten minutes from Vero’s pristine beaches.”
More information here.