An oceanfront Palm Beach mansion sizing up at over 28,000 square feet is hitting the market at a next-level price-point: $105 million ($3,700 per square feet), reports the Wall Street Journal.
Amazingly, it’s not the most expensive home for sale in the county, or even the second priciest. A Manalapan compound named Gemini with over 2,500 square feet of water frontage is asking $165 million and another oceanfront monster named Il Palmetto is currently asking $115 million.
The latest mega-listing is named Pietra Mare, per John O. Pickett’s listing, which is located at 1341 South Ocean Boulevard. It has yet to list publicly.
The home has seven bedrooms, 12 bathrooms, a central courtyard with a pool, and an 18th-century fireplace imported from Italy.
The estate is owned by Edward G. Watkins II, principal owner of the Simplex Time Recorder Co., and his wife, Karen. The couple purchased the property for $21.5 million in 2001, per WSJ, and built the current home several years later.