Manalapan manse sells for $15M

Last listing price was $18.5M

TRD MIAMI /
Apr.April 15, 2015 04:35 PM

An oceanfront mansion in Manalapan sold recently for $15 million, The Real Deal has learned. 

Located at 1000 South Ocean Boulevard, the home was built in 1925 and sits on a 2.2-acre lot, which stretches from the Atlantic Ocean to the westward inlet.

Pascal Liguori and William Koch III of Premier Real Estate Properties listed the property.

The 10,527-square-foot estate has six bedrooms, eight bathrooms and a separate guest home staff quarters.

It was listed in June for $18.5 million, according to the MLS. The deed was recorded on Tuesday, according to Palm Beach County records.

The sellers, which include Robert Friedman, George Hirschhorn and Henry Gladstone, are members of the Robert P. Strauss Trust. They sold the property to Jackson Real Estate Partners, which has ties to West Palm Beach-based Tremont Partners.

“The owner passed some years ago,” Liguori told TRD “[The trust] has settled the estate.”

Manalapan has been a hot market for home sales recently, with the total volume of sales nearly doubling since 2013. And with the limited supply of homes or vacant lots for building in the area, real estate agents expect prices and demand will keep growing.

Billionaire Jeff Greene just made a purchase in the area, and celebrities like Billy Joel have also reportedly bought into the ritzy community.


Related Articles

arrow_forward_ios
111 Atlantic Avenue with Scott Robins, Jonathan Fryd, Todd Glaser and Philip Levine (Glaser by Mary Beth Koeth)

Todd Glaser, partners sell Palm Beach spec home for $11M

Todd Glaser, partners sell Palm Beach spec home for $11M
Kenneth Himmel, 102 Flagler Drive (Credit: Google Maps)

Related Urban CEO sells Palm Beach estate for $18M

Related Urban CEO sells Palm Beach estate for $18M
Lynda and Robb Turner with 8 South Lake Trail (Credit: Brent N. Clarke/Getty Images and Google Maps)

Sweet: Maple syrup magnate sells lakefront Palm Beach estate for $72M

Sweet: Maple syrup magnate sells lakefront Palm Beach estate for $72M
Kim and Todd Glaser with 127 Dunbar Road

Todd Glaser buys Palm Beach estate for $17M

Todd Glaser buys Palm Beach estate for $17M
Mark Pulte and 445 North Lake Way Palm Beach

Mark Pulte sells waterfront Palm Beach lot for $23M

Mark Pulte sells waterfront Palm Beach lot for $23M
John F. Kennedy and 1095 North Ocean Boulevard (Credit: Bachrach/Getty Images and Google Maps)

Kennedy family’s former “Winter White House” sells for $70M

Kennedy family’s former “Winter White House” sells for $70M
1632 South Ocean Boulevard, Maurice Pinsonnault (Credit: Google Maps)

Baby monitor maker sells Billionaires Row home for $14M

Baby monitor maker sells Billionaires Row home for $14M
172 South Ocean Boulevard, Palm Beach with Gary Pohrer (Credit: Google Maps)

Palm Beach oceanfront estate lists for $50M

Palm Beach oceanfront estate lists for $50M
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...