An equestrian estate in Wellington sold for five times its last sale price, Palm Beach County records show.
HND Stables, an LLC tied to the late Bruce Duchossois, was the seller. Duchossois was a nationally recognized horseman and supporter of equestrian events, according to Crain’s Chicago Business. His family founded the Duchossois Group, a private investment company valued at more than $3 billion.
The 5.6-acre estate at 13874 Quarter House Trail includes a custom built 10-stall barn, trainer’s quarters, koi ponds, a pool, outdoor fireplace and rings.
It was listed in January for $18 million. Michael Bombar of Darell Bowen Realty was the listing agent in January.
Duchossois paid $3 million for the property in February 2006, according to Palm Beach County property records. The four-bedroom, six-bathroom home has 10,406 square feet.
Castle Point Wellington is the buyer. Wellington attorney Craig Galle is listed on the buyer’s corporate records.