Another price cut for Palm Beach’s priciest mansion

The mansion at 1071 N. Ocean Blvd. in Palm Beach. Courtesy Smith and Moore Architects.
The mansion at 1071 N. Ocean Blvd. in Palm Beach. Courtesy Smith and Moore Architects.

The most expensive listing in Palm Beach got a little less expensive on Friday. The mansion at 1071 N. Ocean Blvd. is now asking $69.9 million.

Originally listed at $84.5 million, the seller cut the price in 2015 to $79.5 million, then reduced the price in 2016 to $74.5 million. The listing agent is Christian Angle.

The oceanfront mansion includes a basement with space for a bowling alley.

It’s the most expensive Palm Beach property in the multiple listing service. Palm Beach County’s most expensive listing when the Ziff estate in Manalapan hit the market for $195 million.

Frank McKinney completes “micro-mansion”: See how much he’s asking

Rendering of Frank McKinney's "micro-mansion" in Ocean Ridge. Courtesy Frank McKinney
Rendering of Frank McKinney’s “micro-mansion” in Ocean Ridge. Courtesy Frank McKinney

Mansion builder Frank McKinney has completed his latest creation, and it’s far different from the oceanfront mansions he typically builds. The 4,000-square-foot “micro-mansion” at 19 Tropical Drive in Ocean Ridge is not on the ocean, and it’s priced at the comparatively modest sum of $3.9 million.

The listing agent is Pascal “Pat” Liguori of Premier Estate Properties in Boca Raton. The house is a dramatic departure for McKinney, who long specialized in oceanfront palaces. The idea, he said earlier this year, is that super-wealthy buyers want luxury but not the hassles of owning massive palaces.

“They want all the grandeur, all the opulence, all the artistry we’re offering, but they don’t want it in 10,000 square feet,” McKinney said.

According to the listing:

“Unique amenities include a 650 sq. ft. master bedroom suite with azure-blue glass vanity tops and a second floor glass shower with trees reaching into it, extremely rare sea-glass kitchen countertops, a dining table crafted from a single piece of driftwood, an LED-illuminated living reef aquarium wall, a sun deck floating between two pools + a wading pool, numerous illuminated water walls, and exotic tropical foliage.”

The priciest mansions in Palm Beach County, 2016 edition

The mansion at 1071 N. Ocean Blvd. in Palm Beach. Courtesy Smith and Moore Architects.
The mansion at 1071 N. Ocean Blvd. in Palm Beach. Courtesy Smith and Moore Architects.

When I compiled the list of priciest properties in Palm Beach County in late 2015, mansions on the island of Palm Beach swept the top 10 spots. This year, though, Manalapan boasts three of the priciest residential listings, including a mansion that would set a new Florida record if it sells for anything close to its lofty asking price.

Here are the top eight, in reverse order (and with the caveat that these are just list prices, which might not reflect the eventual sale price):

$42.5 million: The newly built estate at 1340 S. Ocean Blvd. in Palm Beach was listed for sale in November 2016.

$43.9 million: This 25,000-square-foot palace is at 1340 S. Ocean Blvd. in Manalapan.

$48.9 million: This 34,000-square-foot spread is at 1370 S. Ocean Blvd. in Manalapan. Listing agent: Jack Elkins, Fite Group Luxury Homes.

$59 million: This newly built estate is at 101 Indian Road in Palm Beach. Listing agent: Sotheby’s International Realty.

$67.5 million: This 22,000-square-foot mansion is at 1485 S. Ocean Blvd. Listing agent: Christian Angle.

$74.5 million: The newly built north-end mansion at 1071 N. Ocean Blvd. (pictured above) spans nearly 33,000 square feet and boasts an eight-car garage. Originally priced at $84.5 million, the mansion’s seller has dropped the price a couple times. Listing agent: Christian Angle.

$137 million: Internet pioneer Jim Clark listed his house at 1500 S. Ocean Bvld. in August 2016. If the property eclipses the century mark, it will set a new record for Palm Beach mansions. Not marketed in the multiple listing service.

$195 million: The Ziff estate at 2000 S. Ocean Blvd. in Manalapan is a massive property with nearly a quarter mile of oceanfront. Listing agent: Joe Liguori, Premier Estate Properties.

Another price cut for Palm Beach’s priciest mansion

The mansion at 1071 N. Ocean Blvd. in Palm Beach. Courtesy Smith and Moore Architects.
The mansion at 1071 N. Ocean Blvd. in Palm Beach. Courtesy Smith and Moore Architects.

The most expensive listing in Palm Beach just got a little less expensive. The mansion at 1071 N. Ocean Blvd. now is asking $74.5 million.

Originally listed at $84.5 million, the seller cut the price in November to $79.5 million. The listing agent is Christian Angle.

Meanwhile, the house lost its spot as Palm Beach County’s most expensive listing when the Ziff estate in Manalapan hit the market for $195 million.

UPDATE: New priciest mansion in Palm Beach: $75 million

Quiz: Which celebrity owns this mansion?

Can you guess which celebrity owns this Palm Beach mansion? Take our quiz! (Bill Ingram / The Palm Beach Post)
Can you guess which celebrity owns this Palm Beach mansion? Take our quiz! (Bill Ingram / The Palm Beach Post)

It’s no surprise Palm Beach County is a celebrity magnet.

With great beaches and tons of things to do, who could blame them for moving to town — or even just having a wedding here?

Take our quiz: Can you guess which mansion belongs to which celebrity?

 

New record: Manalapan mansion sells for $33 million

800SOceanBlvd_print_97

The oceanfront estate at 800 S. Ocean Blvd. sold this week for $33 million, a new record for a house in Manalapan. [Note: This item originally published in September 2015.]

It’s not Manalapan’s priciest deal ever, though. Mansion builder Frank McKinney in 2005 paid $42.5 million for 8.8 acres of vacant land along the ocean.

The newly built palace includes 15,000 square feet of air conditioned space, two fireplaces, two pools and a tennis court. Jim McCann of Corcoran Group was the listing agent. The property was most recently listed at $34.9 million.

UPDATE: The buyer is NNCID, a Delaware company. A $20 million mortgage on the property is signed by Jim Perkins of Worldwide Management.

The Shiny Sheet has more details on the deal.