New Homes Near Wellington Under $500,000
By Simon Karim · · 6 min read
If you are searching for a new home near Wellington under $500,000, some of the strongest options may actually be just outside Wellington in Royal Palm Beach, the town next door.
Waverly townhomes at Lakeside Landing in Royal Palm Beach have recently started around $489,000, keeping them under the $500,000 mark.
Homes at this price point can move quickly, so call to confirm which homes are currently available and qualify today.
First, let's be clear about the town line.
This matters, so we are putting it right up front.
Lakeside Landing is in Royal Palm Beach. It is not in Wellington.
Royal Palm Beach and Wellington are two separate towns in Palm Beach County. They sit right next to each other. They share some of the same roads and shopping. But they are not the same place.
Why does that matter? Different town governments. Different property tax rates. Different school zones. Different services.
Plenty of buyers start their search typing "Wellington" and end up perfectly happy in Royal Palm Beach. That is completely normal, and there is nothing wrong with it. But you should know which town you are actually buying in before you sign, not after.
You can read about the town on the Village of Royal Palm Beach official website.
What tends to qualify under $500,000?
Homes under the $500,000 line at Lakeside Landing have recently and consistently been Waverly plans—the larger of the two floor plans at about 1,532 sq ft, with 3 bedrooms, 2.5 bathrooms, and a one-car garage.
Here’s what surprises many buyers: even though the Bondi is the smaller floor plan, Bondi homes have recently started around $499,000, which often puts them right at or above the $500,000 mark.
So at Lakeside Landing, the bigger home has tended to be the cheaper one. That happens because price depends on the lot, the phase, and what is included, not just on size. Our Bondi vs. Waverly comparison explains this in more detail. This pattern can change as new phases release, so always confirm what is actually under $500,000 today.
Why homes under $500,000 disappear fast
If you are shopping this price range, you already know it is competitive.
Under $500,000 is where a large share of buyers are looking. It is also where a lot of loan programs and buyer budgets top out. So when a home crosses under that line, it gets attention from more people at once.
That means two things for you. First, do not wait to get pre-approved. If you find the right home and you are not ready to move, someone else will be.
Second, do not rely on any list you read online, including this one. Check what is available today. See our current list of every home for sale at Lakeside Landing and then call for today's numbers.
What "under $500,000" actually costs you
Here is the trap with shopping by price threshold. A 489,000-homed home does not cost 489,000 to own.
Your loan payment. This is the part that goes toward the home itself plus interest to the bank. It depends on your rate, your down payment, and your loan type.
Property taxes. On a brand new home, this catches people. Last year's tax bill was based on empty land. Your bill after closing is based on a finished home, and it will be higher. Ask your lender to estimate on the finished value.
Homeowners insurance. In South Florida this is not a small line. Get an actual quote for the specific home, not a rule-of-thumb estimate.
HOA dues. Ask what they are now, what they cover, and how much they have gone up in recent years.
CDD assessment. Some Florida communities have this on top of HOA dues. It pays back the cost of building the roads and infrastructure. Always ask whether the community has one.
Add all of that up before you decide whether a $489,000 home fits your budget. Read what to bring to a payment review so you can get real numbers.
Should you stretch above $500,000?
Sometimes a home at 495,000. That sounds impossible, but it happens.
Why? Because a builder deal on one home can be worth more than the price difference. Or a lower HOA. Or a lot that does not carry a premium.
The point is not to talk you into spending more. The point is that comparing homes by sticker price alone can lead you to the wrong answer. Compare the total monthly cost of each specific home.
What else is near Wellington?
If proximity to Wellington itself is what you care about, be specific about why. Is it a job? A school? Family? Shopping?
Whatever it is, check the actual drive from the specific address you are considering to the specific place that matters to you, at the time of day you would really make that drive. Do not trust a general "minutes to Wellington" claim on any website, including ours.
The Mall at Wellington Green is the big regional shopping destination that serves both towns, and it comes up in almost every conversation about this area.
Our Lakeside Landing location guide covers the surrounding area in more detail.
Other things to check before you commit
Confirm the school zone yourself. Zones are assigned by address and can change between school years. Look up your exact address on the School District of Palm Beach County website.
Confirm the construction stage. A home listed today might be finished, or it might be months away. Our move-in-ready guide explains the terms builders use.
Confirm what is included. What you saw in the model home may not be what comes in your home. See what comes with a Lakeside Landing townhome.
Get a current list that fits your budget.
Simon Karim and NationalHouseSearch.com can pull a dated list of new homes near Wellington that actually match your price range, across multiple communities and multiple builders.
Call 561-704-0091 and ask for homes in your budget, or schedule a visit online.
Common questions
Are these homes in Wellington?
No. The Lakeside Landing homes in this article are in Royal Palm Beach, a separate town right next to Wellington in Palm Beach County.
What was available under $500,000?
Recently, Waverly townhomes at Lakeside Landing starting around $489,000. Availability at this price point changes quickly, so call for today's exact list.
Are those starting prices or real home prices?
Real home prices for specific addresses, including the lot and what was built into each home. They are not the builder's advertised starting price and they do not include any deals.
Why is the bigger floor plan cheaper?
Because price depends on the lot, when the home was released, and what is included, not just square footage. It is common at new construction communities.
What other costs should I plan for?
Property taxes based on the finished home, homeowners insurance, HOA dues, and possibly a CDD assessment. Confirm each for the specific address.
How fast do homes under $500,000 sell here?
Faster than homes above it, generally, because more buyers are shopping that range. Get pre-approved before you start touring.
Prices, available homes, and construction stages at Lakeside Landing change often, and there is no live feed behind this page—the ranges above are recent examples, not today's exact list. Call before you publish this post or share it with a buyer.