Landmarked home in Palm Beach sells for $19.4M

Miami /
Apr.April 21, 2015 11:15 AM

Casa Della Porta in Palm Beach, a landmarked home designed by a prominent local architect in the 1920s, was reportedly just traded in an off-the-market sale for $19.4 million.

The estate, at 195 Via Del Mar, was sold by Houston energy executive William M. Kallop. He first purchased the home in 2009 for $13.9 million. A group titled the VDM CDP Revocable Trust was the buyer, a publication reported.

The city gave Casa Della Porta landmark protection in 1990. It was designed by Maurice Fatio, who moved to Palm Beach in 1925 and designed a series of well-regarded homes.

This particular estate, built in 1928, was fashioned from quarry coral stone, with Roman arches throughout and and a large central courtyard featuring a fountain. Its name comes from its Florentine Romanesque-style front entry, which was carved over a period of six months by Italian stone cutters, the Palm Beach Daily News reported.

Kallop founded the Offshore International Group, which engages in oil exploration and drilling. He sold the company in 2009 for $900 million to the Korea National Oil Corp. and Ecopetrol, the publication reported. [Palm Beach Daily News]Sean Stewart-Muniz


Related Articles

arrow_forward_ios
South Florida residential sales rose in August, but single-family closings fell across the tri-county region. (iStock)
South Florida single-family home sales decline in August as inventory shrinks
South Florida single-family home sales decline in August as inventory shrinks
Todd Glaser flips office dev site to Palm Beach Jewish Center
Todd Glaser flips office dev site to Palm Beach Jewish Center
Todd Glaser flips office dev site to Palm Beach Jewish Center
Jason Capello and 1404 North Lake Way
Hedge funder shells out $31M for waterfront Palm Beach spec mansion
Hedge funder shells out $31M for waterfront Palm Beach spec mansion
Clark Beaty sells oceanfront Palm Beach spec mansion for $64M
Clark Beaty sells oceanfront Palm Beach spec mansion for $64M
Clark Beaty sells oceanfront Palm Beach spec mansion for $64M
Jennifer Hyland joins Corcoran Group in Palm Beach
Jennifer Hyland joins Corcoran Group in Palm Beach
Jennifer Hyland joins Corcoran Group in Palm Beach
InVue CEO James Sankey and the lot at 125 EL Bravo Way (Google Maps)
North Carolina tech honcho buys Palm Beach mansion site for $15M
North Carolina tech honcho buys Palm Beach mansion site for $15M
The five bedroom Palm Beach mansion (Realtor via Douglas Elliman)
SafeCard Services founder sells Palm Beach home for $22M
SafeCard Services founder sells Palm Beach home for $22M
Samantha Curry and Holly Parker (Getty, Parker)
Top Douglas Elliman NY team expands to South Florida
Top Douglas Elliman NY team expands to South Florida
arrow_forward_ios

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

Loading...