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318 Route 537, Colts Neck, NJ 07722

$28,000,000
Property Type: Residential Bedrooms: 7 Baths: 8.4 Square Footage: 25,000 Lot Size (sq. ft.): 6,969,600 Status: Active
Current Price: $28,000,000 List Date: 6/20/2024 Last Modified: 6/26/2024

Description

This world-class 160-acre horse farm and estate dedicated to the breeding, sale, and racing of thoroughbreds is centrally located just one hour from Manhattan. Clad in Jerusalem limestone, the classically inspired main house presents 18,000+ square feet of artisan-crafted interior spaces that invite grand-scale living and entertaining. The main level includes a 24-seat formal dining room, gourmet kitchen, lounge and eight-seat bar, great room, and conservatory. A grand staircase connects to three levels of the home, in addition to an elevator that services all four floors. The third floor houses the estate's business office, four generous en-suite bedrooms, and lavish primary suite.

Supplements: A private staircase ascends to the fourth floor, offering two commodious en-suite bedrooms, a sitting room, and a dining area served by a Pullman kitchen. The home's lower level hosts a 3,500-bottle wine cellar and tasting room, a 12-seat movie theater, a game room, and a fitness center. At the rear of the main house is a grand pool and spa, summer kitchen, and fully equipped pool house. Adding to the grandeur are formal gardens, two stocked ponds, and a courtyard with a porte-cochere and six-car garage with staff apartment. The estate's equestrian barn is without parallel. Hand-built by Amish carpenters, the two-story structure is clad in Pennsylvania fieldstone and features 24 oversized stalls, a foaling center, an owner's office, tack room, and barn manager's apartment. Supporting the main barn is a quarantine barn, equipment building, exercise ring, turnouts, fenced pastures, 1.5 miles of roads, and farm operations center with a circa-1890 farmhouse. There is a substantial amount of acreage for use as agricultural land or for the installation of a racetrack, polo field, or a dressage/showjumping stadium. This magnificent property is turnkey ready for continued use as a commercial equestrian operation and private family compound; alternatively, it could be subdivided for further development.

More Information MLS# 22417386

Contract Info

Status: Active List Date: 2024-06-20 List Price: $28,000,000 Current Price: $28,000,000 List Price/SqFt: 1120 Property Sub-Type: Single Family Sub-Type: Detached

Location

House Number: 318 Street Name: Route 537 County: Monmouth Municipality: Colts Neck (COL) Postal City: Colts Neck State: NJ Zip Code: 07722 Area/Section: None Complex/Subdivision: None Directions: 537 to Entrance Gate

General Property Info

Bedrooms: 7 Full Baths: 8 Half Baths: 4 Total Baths: 8.4 Fireplace: Yes # Fireplaces: 6 Apx SqFt: 25000 # Levels: 3 Apx Year Built: 2007 Garage: Yes # Car Garage: 7 Acreage: 160 HOA: No Pool: Yes Waterfront: No Waterview: No Farm: Yes

Tax and Legal

Asmnt - Total: 12990000 Farm Assessed: Yes Deed Restricted: Yes Taxes: 234061 Tax Year: 2024

Property Features

Ownership Type: Fee Simple Style: Custom Interior: Attic; Built-Ins; Ceilings - 9Ft+ 1st Flr; Ceilings - 9Ft+ 2nd Flr; Ceilings - Beamed; Dec Molding; Elevator; Fitness; French Doors; Home Theater Equip; Housekeeper Qtrs; In-Law Suite; Security System; Skylight; Wet Bar Foyer: Closet(s); Dec Molding; Double Door Entry; Marble; Try/Vlt/Cath Living Room: Fireplace - Gas; Floor - Wood Dining Room: Fireplace - Gas; French Doors; Sliding Door Kitchen: Bnook/Dining Area; Breakfast Cntr; Butler Pantry; Center Island; Eat-In; Fireplace - Other; Fireplace - Woodburning; Pantry Great/Family Room: Built-Ins; Ceilings - Beamed; Fireplace - Gas; French Doors Primary Bedroom: Fireplace - Woodburning; Full Bath; Walk-in Closet Primary Bath: Double Sinks; Marble; Shower Stall; Skylight; Steam Shower; Tub; Walk-in Closet; Whirlpool Basement: Finished; Full; Heated Floors: Ceramic Tile; Marble; Wood Cooling: 5 Zone; Central Air Heating: 5 Zone; Forced Air; Natural Gas; Radiant Water Heater: Natural Gas Water/Sewer: Public Sewer; Public Water Exterior: Balcony; BBQ; Controlled Access; Deck; Fence; Lighting; Outbuilding; Patio; Rec Area; Security System; Shed; Sprinkler Under; Terrace; Other Garage: Apt Above Garage; Detached; Heated; Oversized; Storage Above; Workshop/ Workbench Siding: Other - See Remarks Roof: Slate Parking: Asphalt; Double Wide Drive; Driveway; Oversized Pool: Fenced; In Ground; Pool Equipment; Pool House; Other; See Remarks Out Buildings: Barn; Guest House; Horse Barn; Misc Building; Paddocks; Storage Shed; Training Track Lot Description: Oversized; Wooded; Other; See Remarks Assessment Status: Assessment - N/A Owner: Trust
Listing Office: Compass New Jersey, LLC
Listing Agent: Thomas Postilio
Last Updated: June - 26 - 2024
318 Route 537, Colts Neck, NJ 07722- MLS# 22417386
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Monmouth Ocean Regional REALTORS®, and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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