$84 Million Dollar Spec House On The Market In Palm Beach
We've seen plenty of houses sell for exorbitant prices in Palm Beach, Florida but 1220 South Ocean stretches the boundaries of spec construction. The Wall Street Journal reports that the French Chateau-style waterfront home was built by Dan Swanson, a high-end developer. The eight-bedroom home has a lakeside dining room, a massive wine cellar, separate guest house, boat dock and a 60-foot heated pool.
The property website says the home is a total of 27,355 square feet (20,129 square feet of air conditioned space). All the finishes are exquisite including marble, antique stone and European oak flooring. The home has a commercial elevator and both a family staircase and a grand marble staircase. The kitchen isn't just a kitchen, it's a complex with a butler's pantry, , walk-in pantry/chef's office, and dedicated staff powder room. The hem has six juice bars, a main service bar and an oak sit-down bar in the garden room. At 4,000 square feet the master suite is larger than most homes and has separate sitting rooms, dressing rooms, bathrooms and multiple balconies.
This home however has lake, not ocean views, making $84 million a bit of an ambitious price in my opinion. Check out the property website here.
Gallery: South Ocean Blvd.