Palm Beach Estate Offered at U.S. $11.9 Million

PALM BEACH, FLORIDA - A beautiful estate in Palm Beach, located on one of the most charming streets in town just minutes from famed shopping street Worth Avenue, just hit the market for U.S. $11.9 million. The property is listed by Brown Harris Stevens of Palm Beach with international marketing services provided by Christie’s International Real Estate.

Occupying more than three quarters of an acre on one of the island’s premier streets, this Mediterranean-style estate is the epitome of Palm Beach elegance. Built in the 1920s by EB Walton and designed by famed architect John Volk, the enchanting residence boasts soaring ceilings and intricate details. Originally named Rio del Sol, the property has not been landmarked, which allows for an ideal and personal home to be created. However, the property is available to possibly be landmarked, which could allow for a tax benefit.

Beautiful garden views enhance the 10,000-square-foot home, which is perfectly nestled amid mature banyan trees and orchids, and opens onto lush landscaping, manicured lawns, and a swimming pool. The traditional interior is ideal for entertaining with a formal entry, spacious reception rooms, five generous bedrooms, seven full bathrooms, and two half bathrooms. Staff areas, including a rear service entrance, further enhance the property allowing for seamless entertaining both indoors and outdoors.

Originally a double lot, the property is now one of the largest and most desirable family estates on this sought-after street. Only minutes from Worth Avenue, the property is ideally located for in-town shopping and enjoying Palm Beach’s rich heritage, and is also only a short walk from beautiful beaches and the lake trail. In addition, the property is available to possibly be landmarked, which could allow for a tax benefit.

“We are thrilled to offer this fabulous property in Palm Beach,” said Rick Moeser, Senior Vice President of Christie’s International Real Estate. “Beautifully designed to capture its gorgeous setting, the estate also offers luxurious appointments and amenities.”

“This property is among the finest estates in the area, offering access to world-class amenities, beautiful beaches and world-class shopping,” said Realtor Associate Sabra Kirkpatrick, listing agent with Brown Harris Stevens of Palm Beach. “It’s truly a wonderful home in an extraordinary setting.”

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About Christie’s International Real Estate
Christie’s International Real Estate is an invitation-only Affiliate network composed of the world’s most proven and qualified real estate specialists in the luxury residential sector. The company has offices in London, New York, Hong Kong, Beverly Hills, Chicago, and Palm Beach, and more than 140 global Affiliates with 25,000 real estate professionals in 46 countries. For additional information about Christie’s International Real Estate, please visit www.christiesrealestate.com.