$25,000,000

Estimated payment $167,713/month

Total Views 8,367
6 Beds
9 Baths
7,260 Sq Ft
$3,444 Price per Sq Ft

Highlights

  • Outdoor Pool
  • Waterfront
  • Mediterranean Architecture
  • Palm Beach Public School Rated A-
  • Wood Flooring
  • Lanai

About This Home

Beautifully reimagined 6 Bedrooms, 6 Full (3 Half) Bath estate situated in the Coveted Phipps Estates. This magnificent home had a renovation that was completed in 2022. The brick motor court leads you into an inviting entry with lush landscaping and a serene Koi pond. Soaring ceilings welcome you as soon as you walk through the main entry. You are immediately welcomed by a light and bright living room with views of the stunning backyard and large pool. The gourmet kitchen with top-of-the-line appliances is sure to please any aspiring chef. The spacious butler's pantry has a large walk-in, temperature-controlled wine cellar. The second floor features 5 bedrooms including the spacious primary suite. The home features an industrial elevator for easy access to the second floor.

The inviting loggia features spacious seating for dining, lounging and entertaining. There's a large summer kitchen, gorgeous outdoor fireplace and convenient powder room. There is also a whole house generator in the event of a power outage.

Listing Agent

Michael Costello

Compass Florida, LLC License #SL-3336872

Compass Florida, LLC

Co-Listing Agent

Chris Deitz

Compass Florida, LLC License #631706

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $338,138

Year Built

  • Built in 1998

Lot Details

  • 0.48 Acre Lot
  • Waterfront
  • North Facing Home
  • Back Yard Fenced
  • Property is zoned RB

Parking

  • Attached Garage

Home Design

  • Mediterranean Architecture
  • Tile Roof
  • Fiber Cement Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 7,260 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Sound System
  • Fireplace
  • Dining Room
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Stone

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 9 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Impact Glass

Outdoor Features

  • Outdoor Pool
  • Balcony
  • Patio
  • Lanai
  • Attached Grill

Utilities

  • Central Air

Community Details

  • Phipps Estates Subdivision
  • Mandatory Home Owners Association

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434314290000050

Home Details

Home Type

Single Family

Est. Annual Taxes

$338,138

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.48
  • Lot Size: 115
  • Subdivision Name: Phipps Estates
  • Architectural Style: Mediterranean, Two Story
  • Garage Yn: Yes
  • Year Built: 1998
  • Location Tax Legal:Zoned: RB
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 338138.27
  • Location Tax Legal:Tax Year2: 2023
  • General Property Description:Living Area: 7260.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Security:Security System: Yes
  • General Property Description:Lot Dim (1): 115
  • Floors:Hardwood: Yes
  • Floors:WW Carpeting: Yes
  • Roof:Cement Tile: Yes
  • WaterSewer:Sewer: Yes
  • Style:Two Story: Yes
  • General Property Description:Lot SqFt: 20909
  • WaterSewer:City Water: Yes
  • Exposure:North: Yes
  • Windows:Impact Glass: Yes
  • Style:Mediterranean: Yes
  • Floors:StoneBrick: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine, Freezer, Ice Maker, Range-Gas, Microwave, Washer, Dryer
  • Full Bathrooms: 6
  • Half Bathrooms: 3
  • Total Bedrooms: 6
  • Flooring: Hardwood, Stone/Brick, W/W Carpeting
  • Interior Amenities: Elevator, Fireplace, Sound System, Pantry
  • Living Area: 7260.0
  • Window Features: Impact Glass
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Pantry: Yes
  • Other Rooms:Utility Room: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Elevator: Yes
  • Interior Features:Fireplace: Yes
  • Appliances:Range-Gas: Yes
  • Interior Features:Sound System: Yes

Exterior Features

  • Lot Features: 1/4 A - 21,779 SF
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco
  • Exterior Features: Balcony, Patio/Lanai, Fence-Back Wall, Built-in Grill
  • Roof: Cement Tile
  • Exterior Features:Balcony: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Fence - Back Wall: Yes
  • Exterior Features:Built-in Grill: Yes

Garage/Parking

  • Parking Features: 3 Car, Attached
  • Garage: Yes

Utilities

  • Security: Security System, Other Security
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Water Source: City Water, Sewer

Condo/Co-op/Association

  • Mandatory HOA: Yes

Lot Info

  • Land Lease Amount Frequency: No
  • Lot Size Sq Ft: 20909.0
  • Parcel #: 50434314290000050
  • Zoning: RB
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 338138.27
  • Tax Year: 2023

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $345,056 $23,180,191 -- --
2023 $338,138 $22,505,040 $10,967,050 $12,037,990
2022 $192,858 $10,231,337 $0 $0
2021 $151,844 $9,301,215 $5,111,272 $4,189,943
2020 $124,053 $7,504,945 $4,338,275 $3,166,670
2019 $124,720 $7,389,215 $4,217,767 $3,171,448
2018 $124,462 $7,620,350 $0 $0
2017 $124,562 $7,463,614 $0 $0
2016 $125,221 $7,310,102 $0 $0
2015 $129,512 $7,259,287 $0 $0
2014 $121,470 $6,579,464 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2025 04/01/25 Price Changed $25,000,000 -4.8% $3,444 / Sq Ft
01/17/2025 01/17/25 For Sale $26,250,000 +159.9% $3,616 / Sq Ft
12/22/2020 12/22/20 Sold $10,100,000 0.0% $1,391 / Sq Ft
12/16/2020 12/16/20 Pending -- -- --
06/09/2020 06/09/20 For Sale $10,100,000 +54.2% $1,391 / Sq Ft
01/13/2014 01/13/14 Sold $6,550,000 0.0% $902 / Sq Ft
12/05/2013 12/05/13 Pending -- -- --
10/13/2011 10/13/11 For Sale $6,550,000 -- $902 / Sq Ft
Source: Palm Beach Board of REALTORS®

Deed History

Date Type Sale Price Title Company
Quit Claim Deed -- Attorney
Deed $10,100,000 Attorney
Interfamily Deed Transfer -- Attorney
Warranty Deed $6,550,000 Attorney
Deed $7,250,000 --
Deed -- --
Deed $4,400,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $5,690,000 Unknown
Previous Owner $550,000 Unknown
Previous Owner $4,000,000 Credit Line Revolving
Source: Public Records

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Source: Palm Beach Board of REALTORS®

MLS Number: 25-124

APN: 50-43-43-14-29-000-0050