1,757-acre Hobe Sound Polo Club and Ranch Listed for $47.25 million

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Private ranch, gated equestrian community, golf club, polo facility, and sports recreation club are all possibilities with this unique land acquisition opportunity announced by Engel & Völkers Jupiter.

Engel & Völkers Jupiter is pleased to announce the listing of the Hobe Sound Polo Club, previous host to several United States Polo Association (U.S.P.A.) tournaments and numerous international team practices. Priced at $47.25 million, the 1,757-acre property represents a unique land acquisition opportunity just north of Palm Beach, in the vicinity of Jupiter Island, Florida. Located east of I-95, the property is almost three square miles, has a mile of frontage on Bridge Road and is 2-3/4 miles deep. Its size and scale provide ideal conditions for those who value privacy, privilege and the great outdoors, yet it is easily accessible from the major metropolitan areas of South Florida.

“What makes this property so unique is the location and size, combined with the already existing infrastructure,” said Ken Meierling, Owner and Broker, Engel & Völkers Jupiter. “This would be the ultimate private ranch or family compound. Here you are surrounded by Florida’s finest open spaces, next to the Atlantic Ridge State Park, and yet you are close to modern day conveniences.”
Hobe Sound Polo Club was originally developed, in part, due to its relatively close proximity to Wellington, Florida, which is home to some of the largest equestrian shows in the country and which has a renowned USPA polo tournament season between October and April. In fact, the Hobe Sound Polo Club had an active tournament schedule at the Property over the past three years and developed a significant regional following, drawing registered players from across the country and the world. The Hobe Sound Polo Club is still periodically sought out and used by polo teams and breeders. The property includes a 120-acre equestrian complex, consisting of five irrigated championship polo fields, two irrigated stick and ball fields, paddock sites, a ¾ mile exercise track, associated barns and outbuildings, and more. Two newly constructed smaller equestrian complexes on the property serve for training, boarding, breeding and other operations.

The most prominent building on the site is located just off of Bridge Road and has a large sign identifying the “Hobe Sound Polo Club,” visible from Bridge Road. This building has been moved several times, before ending up at its current location, but it originally served as the Hobe Sound depot on the Flagler Railroad and the current and previous owners have made efforts to preserve its functionality and history. “This is a very unique land acquisition opportunity,” said Mr. Meierling, “More than $20 million has been invested in structural and infrastructure development. There is a strong foundation in place to fully develop the property into a world-class equestrian facility and there is also great potential to do more. The underlying land use opens the possibilities to include golf courses, wildlife rehabilitation sanctuaries, the ultimate outdoor sports and recreation resort or even an airstrip.”

A fully landscaped and gated entrance and miles of paved interior roadways provide easy access to the approximately 1,200 acres of dry land that is already part of a subdivision plan, which allows for easy resale of portions of the property. In addition to the other improvements, hundreds of acres have already been cleared, graded, and fenced. They are currently used as pastures and paddocks, but are otherwise ready for further improvements or development. An irrigation and drainage system, including fire lines and pumps, and various wells are in place.

About Hobe Sound Polo Club

The Hobe Sound Polo Club was conceived and developed as a private equestrian club. It is located on Florida’s east coast, north of Palm Beach, between the seaside towns of Jupiter and Stuart, in a town called Hobe Sound. The area is well known for its world-famous white sand beaches, unblemished parks, fresh and saltwater fishing and excellent golf courses. Located east of I-95 along Bridge Road, the property is set amidst some of Florida’s finest nature preserves, recreational parks and equestrian trails. In addition to the extensive bridle trail network within the property’s boundaries, the stunning park system surrounding the property makes this location unequalled. The adjacent 5,800-acre Atlantic Ridge State Park includes miles of equestrian trails. Another equestrian trail system is located in nearby 11,500-acre Jonathan Dickinson State Park.
The property’s convenient location puts it in easy reach of Jupiter Island and the beautiful beaches of South Florida’s Treasure Coast as well as some of the area’s finest shopping and dining. The equestrian center of Wellington and the Palm Beach International Airport are only 30 minutes away.

About Engel & Völkers

From its beginning in 1977 as a specialty boutique providing exclusive, high-end real restate services, Engel & Völkers has become one of the world’s leading companies specializing in the sale and lease of premium residential and commercial property and yachts. Engel & Völkers opened its first shop in the U.S. in 2006 extending its global network of 3,800 real estate advisors, 449 residential property shops and 44 commercial offices in 36 countries. Engel & Völkers offers both private and institutional clients a professionally tailored range of luxury services. Committed to exceptional service, the international real estate firm supports its agents with an array of high quality business services; marketing programs and tools; cutting edge mobile, social and web technologies; as well as access to its global network of real estate professionals and data. Engel & Völkers is an active supporter of the Fair Housing Act and the Equal Opportunity Act. Each office is independently owned and operated. For more information about Engel & Völkers, please follow us at http://www.twitter.com/evusa.com and http://www.facebook.com/EngelVolkersUSA.

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For further information please contact:
Charles Kim
1.646.839.0207
Charles(dot)Kim(at)EVUSA(dot)com

Ken Meierling
1.561.744.8488
Ken.Meierling(at)EVUSA(dot)com

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