Listed since 2014, Palm Beach home asking $25.9M finally may have a buyer

Miami /
Apr.April 16, 2017 01:30 PM

The owner may have finally found a buyer for La Tonteria, an award-winning Palm Beach residence that has been for sale for three years and has a $25.9 million asking price.

The owner, private equity investment professional James W. Harpel, initially listed the Colonial Revival-style house at 1102 North Ocean Boulevard in 2014 with a $32 million asking price.

Broker Christian Angle, who has had the listing for the residence since last summer, recently disclosed its pending sale on the multiple listing service for Palm Beach residential properties.

The landmarked house was designed by architect John L. Volk and built in 1935. Under Harpel’s ownership, the house was rebuilt in a complicated renovation project that took almost four years to finish. Architect Jeffery Smith of Smith Architectural Group oversaw the renovation.

In 2010,  Harpel won the Robert I. Ballinger Award from the Preservation Foundation of Palm Beach for renovation work sensitive to historic structures.

The six-bedroom house has 17,300 square feet of living space, including outdoor space. The 1.4-acre residence features a private beach house, swimming pool, tennis court, wine cellar and tasting room. [Palm Beach Daily News] Mike Seemuth


Related Articles

arrow_forward_ios
Todd and Kim Glaser with 125 Via Del Lago in Palm Beach (Google Maps, Illustration by Priyanka Modi for The Real Deal with Getty)
Seller’s remorse? Developer Todd Glaser buys back Palm Beach mansion for $23M
Seller’s remorse? Developer Todd Glaser buys back Palm Beach mansion for $23M
A photo illustration of 12203 Tillinghast Circle in Palm Beach Gardens (top) and 6300 North Bay Road in Miami Beach (Getty Images, Old Palm Golf Club, Coldwell Banker)
Flipping crazy: South Florida’s top resi flips of the year so far, ranked
Flipping crazy: South Florida’s top resi flips of the year so far, ranked
Ken Griffin in the center, with Brickell (right) and Palm Beach (below)
Ken Griffin’s Citadel comes to Brickell — and supercharges the market
Ken Griffin’s Citadel comes to Brickell — and supercharges the market
Companies principal Alan Macken with Koya Bay
Macken scores $16.5M construction loan for Koya Bay townhome development in North Miami Beach
Macken scores $16.5M construction loan for Koya Bay townhome development in North Miami Beach
Austin Rosen and 6417 Pine Tree Drive Circle (Zillow, Getty)
Hit repeat: Music exec Austin Rosen buys next-door waterfront Miami Beach home for $12.5M
Hit repeat: Music exec Austin Rosen buys next-door waterfront Miami Beach home for $12.5M
Frist Cressey Ventures Bryan Cressey with the property at 2315 S Ocean Blvd. in Palm Beach (Zillow, FCVentures, Illustration by Priyanka Modi for The Real Deal with Getty)
Venture capitalist sells oceanfront Palm Beach compound for $49M
Venture capitalist sells oceanfront Palm Beach compound for $49M
Clockwise from top left: One Sotheby’s Jorge Uribe, Compass' Ida Schwartz, Fortune International Group's Edgardo Defortuna and Royal Palm Companies' Dan Kodsi (Illustration by Kevin Rebong for The Real Deal)
Slowdown hits South Florida’s hot resi market: Here’s what that means
Slowdown hits South Florida’s hot resi market: Here’s what that means
12203 Tillinghast Circle (Illustrated Properties)
Palm Beach Gardens mansion flips for record $22.5M, doubling in price in a year
Palm Beach Gardens mansion flips for record $22.5M, doubling in price in a year
arrow_forward_ios

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

Loading...