Another successful week in the books with a closing Friday in the exclusive Estate Section of Palm Beach island.

Crista Ryan, our President, represented the Buyer of a gorgeous Mediterranean Revival Style house designed by the esteemed Maurice Fatio.

The Estate section is located just South of Worth Avenue and offers residents with stunning oceanfront views. This section of Palm Beach is where some of Palm Beach’s most iconic, grandest, and impressive homes are located as well as home to the Bath and Tennis Club, Mar A Lago, and the Everglades Island Club and Golf Course. Many homes were built in the 1920s by some of the wealthiest families as either a permanent residence or a winter retreat.

Known for his unique and dramatic floorplans, Maurice Fatio designed the home with 8 bedrooms and 9 bathrooms for everyday living and entertaining in 1929. The original home was listed for $50,000 and owned by Frederick Johnson, who was apart of the Palm Beach social scene for many years. Located on a 150 by 150 foot lot, this home is currently in pristine condition.

Photo Above: 1540 S Ocean Blvd | Agent: Vicky Reynolds 561.373.3375

The Estate Section homes are much larger in square footage compared to other houses on the island. They range from 7,000 to 45,000 square feet with lot sizes just under an acre to six acres and a starting price of $5 million. These homes are often comprised of an entire city block spanning from the Atlantic Ocean to the Intracoastal Waterway allowing a resident to have both oceanfront and lakefront views. The most recent sale of a landmark home was in the Estate Section for $46.7 million. This estate was a grand historic Addison Mizner compound.

Extremely desirable, this exclusive section of Palm Beach lends itself to a private and elegant lifestyle. These homes provide residents with a quintessential and a historical Palm Beach feel as well as the glamour and luxury one will not find anywhere else in the world!

Crista Ryan
We’re here for you through it all. Please feel free to reach out to any of our associates for your real estate needs.

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