Frank McCourt sells property across the street from Bill Gates’ properties in Wellington’s horse country

Former Los Angeles Dodgers owner Frank McCourt just sold a nine-acre parcel in Wellington for $12 million, according to property records.

The deed identifies the buyer as Elite Equestrian Estates LLC of New Haven, Connecticut. The deal includes a seven-acre property at 13700 Quarter Horse Trail and two acres at 13664 Quarter Horse Trail, both in Wellington’s Mallet Hill neighborhood.

While the Palm Beach County Property Appraiser shows buildings on one of the parcels, the sites were marketed as vacant land. The land is just south of Microsoft billionaire Bill Gates’ assemblage of properties. Gates has spent $27 million on Wellington real estate in recent years.

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