$2,000,000
SOLD APR 11, 2025

55 Somerset Ln Palm Beach Gardens, FL 33418

Ballenisles Neighborhood
5 Beds
6 Baths
3,457 Sq Ft
0.3 Acres

Recently Sold

$579 Per Sq Ft

13% Below List Price

20 Days on Market

Highlights

  • Gated with Attendant
  • In Ground Spa
  • Clubhouse
  • Timber Trace Elementary School Rated A
  • Private Membership Available
  • Vaulted Ceiling

About This Home

As of April 2025

Welcome to 55 Somerset, an Elegant Courtyard Custom Estate in Prestigious Ballenisles Country Club overlooking breathtaking golf and pool views.Nestled on a private corner lot in a cul-de-sac, this spacious home offers a unique blend of comfort, privacy and functionality. The over 3400 sq ft single story main residence features 3 bedrooms and 4 full baths, complemented by an attached 2-story casita (under air space size TBD) with 2 additional bedrooms, 2 full baths, a wet bar, balcony overlooking perfect picturesque views and a private entrance to the second level via exterior stairs.The extremely bright and light-filled interior boasts 12x12 tile flooring, carpeted bedrooms, electric window treatments and a phenomenal floor plan in your entertaining area.

Last Agent to Sell the Property

Michael Leibowitz

Leibowitz Realty Group, LLC./PBG License #3002957

Co-Listed By

Andrew Leibowitz

Leibowitz Realty Group, LLC./PBG License #0596219

Last Buyer's Agent

Laureen mellon Rubino

Coldwell Banker Realty License #3337977

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,468

Year Built

  • Built in 1995

HOA Fees

  • $649 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Driveway

Property Views

  • Garden
  • Pool

Home Design

  • Studio
  • Barrel Roof Shape
  • Spanish Tile Roof
  • Tile Roof

Interior Spaces

  • 3,457 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Built-In Features
  • Bar
  • Vaulted Ceiling
  • Entrance Foyer
  • Great Room
  • Family Room
  • Den
  • Sun or Florida Room
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Gas Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite
  • 6 Full Bathrooms
  • Bidet
  • Dual Sinks
  • Roman Tub
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Pool

  • In Ground Spa
  • Private Pool

Outdoor Features

  • Open Patio
  • Porch

Schools

  • Timber Trace Elementary School
  • Watson B. Duncan Middle School
  • Palm Beach Gardens High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 52424211200000490

Community Details

Overview

  • Private Membership Available
  • Ballenisles Subdivision

Amenities

  • Clubhouse
  • Billiard Room
  • Business Center

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Community Pool

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,468

Year Built

Built in 1995

Lot Details

0

HOA Fees

$649 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: I95 PGA BLVD exit west to BallenIsles. In 1.9 mi, make a right on Coquina way, take 2nd exit and make a right on Somerset dr, Left on Somerset Terr, Left on Somerset Ln, Home will be on right.
  • Year Built: 1995
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Bidet, Built-in Features, Breakfast Area, Dual Sinks, Entrance Foyer, Garden Tub/Roman Tub, High Ceilings, Split Bedrooms, Separate Shower, Vaulted Ceiling(s), Bar, Walk-In Closet(s), Central Vacuum
  • Private Spa: Yes
  • Furnished: Unfurnished
  • Spa Features: In Ground
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Gas Range, Refrigerator, Washer
  • Full Bathrooms: 6
  • Total Bedrooms: 5
  • Flooring: Carpet, Tile
  • Living Area: 3457.0
  • Dining Room Type: Den, Family Room, Florida Room, Great Room, In-Law Suite, Laundry, Studio
  • Stories: 2

Exterior Features

  • Exterior Features: Porch, Patio
  • View: Garden, Pool
  • Pool Features: Pool, Association, Community
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block
  • Other Structures: Apartment
  • Patio And Porch Features: Open, Patio, Porch
  • Property Condition: Resale
  • Roof: Barrel, Spanish Tile, Tile

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Two or More Spaces

Utilities

  • Laundry Features: Laundry Tub
  • Security: Security System, Gated with Guard
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available

Condo/Co-op/Association

  • Association Fee: 649.0
  • Community Features: Clubhouse, Gated, Pickleball, Pool, Street Lights, Tennis Court(s)
  • Senior Community: No
  • Amenities: Billiard Room, Business Center, Clubhouse, Pickleball, Private Membership, Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: Timber Trace
  • High School: Palm Beach Gardens
  • Middle Or Junior School: Watson B. Duncan

Lot Info

  • Parcel #: 52424211200000490
  • Lot Size: 1/4 to 1/2 Acre,West of
  • Zoning Description: resident

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 10468.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2025 04/11/25 Sold $2,000,000 -12.9% $579 / Sq Ft
03/22/2025 03/22/25 For Sale $2,295,000 -- $664 / Sq Ft
Source: BeachesMLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $10,468 $574,613 -- --
2023 $10,094 $557,877 $0 $0
2022 $9,945 $541,628 $0 $0
2021 $10,105 $525,852 $0 $0
2020 $10,076 $518,592 $160,000 $358,592
2019 $11,536 $585,391 $200,000 $385,391
2018 $11,387 $589,347 $0 $0
2017 $11,729 $577,225 $0 $0
2016 $12,054 $565,353 $0 $0
2015 $12,363 $561,423 $0 $0
2014 $11,540 $471,970 $0 $0
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $403,000 Unknown
Closed $50,000 Credit Line Revolving
Closed $400,000 Fannie Mae Freddie Mac
Closed $125,000 Credit Line Revolving
Closed $250,000 No Value Available
Source: Public Records

Deed History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Fidelity Natl Title Fl Inc
Deed -- --
Deed $160,900 --
Deed $141,900 --
Source: Public Records

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See All Homes in Palm Beach Gardens

Source: BeachesMLS

MLS Number: R11074246

BeachesMLS

APN: 52-42-42-11-20-000-0490

Florida Palm Beach County Palm Beach Gardens 33418 Ballenisles

55 Somerset Ln, Palm Beach Gardens, FL

Homes for Sale in Palm Beach Gardens, FL

This home is located at 55 Somerset Ln, Palm Beach Gardens, FL 33418 and is currently priced at $2,000,000, approximately $578 per square foot. This property was built in 1995. 55 Somerset Ln is a home located in Palm Beach County with nearby schools including Timber Trace Elementary School, Watson B. Duncan Middle School, and Palm Beach Gardens Community High School.

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BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.