We’ll give you a head start: an oceanfront estate perfect for family get-togethers on the balmy seaside of Palm Beach. Listed for $35 million, it’s this week’s most expensive new listing on realtor.com®.
But if you like it, you had better act fast.
Citing the “significant interest” that the property has attracted, the listing agent, Gary Pohrer with Douglas Elliman, tells us, “I’d be surprised if it’s available just within a couple of weeks.”
The prodigious price tag won't deter “very, very qualified buyers,” Pohrer notes. “The market’s so hot right now. It’s hard to find anything waterfront,” he says.
Alluding to the ongoing pandemic, he adds, “The flight to safety is Palm Beach.”
If you'd like to winter along the Atlantic Ocean, this 8,514-square-foot waterfront getaway offers five bedrooms, eight full bathrooms, plus two half bathrooms. Out back, the property offers 125 feet of direct ocean frontage.
The home was last purchased in 2011 for $17.05 million, and its interiors have been lightened and brightened, with a white palette, to showcase the current owner’s magnificent art collection.
Prior to that sale nearly a decade ago, the mansion had been purchased at auction by investors for $14.8 million in 2005.
The seaside retreat was originally built by the Palm Beach developer Robert Gottfried in “his signature ‘Palm Beach Regency’ style,” according to the Palm Beach Daily News.
Soaring ceilings make room for large-scale artwork, including what looks to be a life-size bear in the living room. (That feature has since been removed).
Set at the end of the road on a quiet cul-de-sac, the estate offers a backyard that overlooks the Atlantic Ocean and steps to the sand. The layout features a living area with a span of glass that looks out to the water.
Along with soaring 12-foot ceilings, the layout features rooms built on a grand scale, including a formal dining room with an eye-catching light fixture and a large kitchen with a breakfast area.
Even the home theater offers ocean views. A master suite overlooks the pool and ocean, and includes a massage room, as well as a walk-in closet.
In addition, the mansion offers four more en suite bedrooms. Luxe features include an office, a temperature-controlled wine cellar, and a kids’ sleepover room containing four Murphy beds.
Outside, the grounds boast an outdoor loggia, beachside pool, and cabana, which could also double as a guest room.
As the listing description notes, it’s seaside living in a “quintessential Palm Beach dream.”
The post $35M Oceanfront Estate in Palm Beach Is Most Expensive New Listing appeared first on Real Estate News & Insights | realtor.com®.
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November 27, 2020 at 06:20PM
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