This stunning 27 acre Palm Beach Point gated equestrian compound was offered for the first time in nearly 20 years.

Prior to Monday morning’s blockbuster news that Sotheby’s is being bought in a deal valued at $3.7 billion and going private after 31 years on the New York Stock Exchange, many in the art world had never heard the name Patrick Drahi before. The billionaire media mogul behind the purchase of the 275-year-old auction house will soon become a very familiar figure in the art world. But veteran auction house executive-turned-private dealer Brett Gorvy seemed to speak for many when he told the New York Times on Monday: “Most people don’t seem to know who he is.

Equestrian Sotheby’s represented both the buyer and the seller in the transaction of this land.

The wealthy enclave is home to the who’s who of power players that have equestrians in the family.

A billionaire Russian exile living in the United Kingdom paid $23 million for a massive equestrian compound in Wellington that was once home to the Lechuza Caracas polo team, The Real Deal has learned.