Property Description
Luxury Estate with Flexible Living Spaces & Income Potential in WellingtonRare opportunity to acquire a versatile income-producing estate property situated on approximately 1.2 acres in one of Wellington’s most desirable lifestyle and equestrian markets.The property features a spacious main residence along with multiple private living areas offering exceptional flexibility for guest accommodations, home office use, seasonal occupancy, or additional income opportunities.Property highlights include: 3 separate private entrances, parking capacity for approximately 5–8 vehicles, no HOA, a new roof installed in 2023, and a flexible estate-style layout with multiple living configurations.The property generated approximately $144,000 gross rental income in 2025, with strong seasonal demand driven by Wellington’s internationally recognized equestrian season.Currently producing $1,500/month from a long-term tenant, with the option for the existing arrangement to remain in place or be terminated. Potential opportunity for owner-occupancy while generating additional rental income estimated between approximately $4,200–$6,100/month.Ideal opportunity for: Investors, Multi-generational living, Seasonal/equestrian housing, Hybrid owner-occupancy + income strategy, Short-term rental operation.Currently operating as a short-term rental property with established seasonal demand.Buyer to verify all measurements, zoning, uses, rental potential, and permit status.