Weekly Update
It was another week with a high volume of new listings coming to market prior to Thanksgiving. Leading the pack were three Estate Section homes listed from $25M up to $59M. The three houses listed in the Estate Section this week make up about 15% of the inventory of 18 listings. The lowest priced listing in the area from Worth Ave south to Sloan’s Curve is $12.5M. The Estate Section has been a hot neighborhood for about a year now, especially in the streets surrounding Mar-a-Lago.
These new listings aren’t being snapped up in record time, but a few pending deals each week keep the market moving in the right direction. This week, there were signed contracts on two houses, one townhouse, and a condo. The most notable was an in-town house at 449 Australian Avenue. This was last asking $16.95M.
Did you know…
“Billionaire’s Row” in Palm Beach is located in the Estate Section, but a pair of two of the priciest listings in the Island’s history are up on North Ocean Boulevard.
This Week
Single Family Homes
Pending – 2
Closed – 0
New – 8
New – 111 Via Del Lago $59,000,000
New – 115 Via La Selva $49,500,000
New – 143 Clarendon Ave $25,000,000
New – 130 Brazilian Ave $22,995,000
New – 232 Cherry Ln $14,595,000
New – 216 Sandpiper Dr $12,950,000
New – 284 Monterey Rd $9,950,000
New – 261 El Dorado Ln $9,495,000
Pending – 449 Australian Ave $16,950,000
Pending – 214 List Rd $8,500,000
Condos and Townhomes (In-Town Only)
Pending – 2
Closed – 1
New – 6
New – 145 Peruvian Ave, 301 $6,900,000
New – 100 Sunrise Ave, 319 $3,195,000
New – 301 Australian Ave, 301 $2,950,000
New – 170 N Ocean Blvd, 410 $2,250,000
New – 223 Atlantic Ave, D2 $1,500,000
New – 301 Australian Ave, 305 $1,495,000
Pending – 401 Chilean Ave $12,900,000
Pending – 220 Atlantic Ave, 1 $1,595,000
Closed – 354 Chilean Ave, 3E $1,581,500
Notable Price Reducions
143 E Inlet Dr Originally $36,500,000 Now $34,900,000
710 N County Rd Originally $10,750,000 Now $9,495,000
Featured Listing
111 Via Del Lago
$59,000,000
9 Bedroom | 10 Full 2 Half Bath
12,000 Living SqFt | 16,000 Total Sqft | 48,156 Lot SqFt
“Exceptional Marion Sims Wyeth 3-story compound located in Palm Beach’s gracious Estate Section; now a ”no fly” zone. This lovely 9BDR/10.2BA residence on 1.2+ acre property has lovely fountains, manicured east & west rose gardens, BBQ, al fresco dining & entertainment areas. Its numerous amenities include a Living Room (35′ ceiling) with original stenciled Pecky Cypress beams, 3 fireplaces, Primary Suite with dual closets & dual baths, Wine Cellar, Impact Windows & Doors, 6 car garage + 4 covered spaces outside. Additional details: Pool, 2-story Cabana, Gym, Sauna, Roof (3yr), Full House Generator, Chef’s Kitchen, 2 Laundry Rooms, Elevator, Staff/Guest quarters, Dog washing Station, Robotic Lawnmower, & nearby Beach Access. A total dream & close to all that Palm Beach has to offer!”
Listed by Christian Angle, Christian Angle Real Estate
We would be honored to represent you in your search for your new home in South Florida. Please contact us and we will put our knowledge and experience to work for you. Call the K2 Team at 561.691.1223