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Oceanfront Mansion in Palm Beach Sells for $44M

It listed for $55M in January

1695 N Ocean Way
1695 N Ocean Way
via Corcoran

Two months after listing for $55 million, a beachfront spec home in Palm Beach raked in $43.7 million, reports the Palm Beach Daily News.

The main house has five bedrooms and four bathrooms while the "guest house" offers four bedrooms and four bathrooms. The property sits on 2.5 acres of direct oceanfront at 1695 N Ocean Way, just off Palm Beach Inlet.

There's a game room, media room, club room, pub, enoteca, elevator, outdoor kitchen, 12-car garage, and two pools, one facing east and the other facing west. Total living space sizes up at 24,000 square feet, per The Real Deal.

The property last sold for $9.5 million in 2012.