Farrell Estates Wellington Advances With 27 Luxury Homes in Palm Beach County

A New York-based firm has closed financing for Farrell Estates Wellington, a luxury single-family project in Wellington, Florida. The development, led by Farrell Florida Wellington Owner LLC, will include 27 homes inside the Palm Beach Polo and Country Club community.

Each home is planned as a two-story residence with five to eight bedrooms, depending on the floor plan. The largest units top out at 8,900 square feet. Reported starting prices are at least $6 million. Amenities center on golf, including access to two 18-hole courses and golf cart storage.

The developer recently secured $49 million for the venture. It bought the 23-acre site in 2023 for $12.6 million, and vertical construction began in 2024, with some homes already finished. Farrell Building Co. is the general contractor, while Granoff Architects and Will Minnear Architect are handling design. The full community is expected to be complete in fall 2029.

For builders and lenders, the project shows that large-lot, high-price single-family developments in Palm Beach County are still drawing substantial capital.