Palm Beach couple sells 1920s non-waterfront estate for $15M

House, designed by Palm Beach architect Howard Major, sold for $1,430 psf

Miami /
Aug.August 02, 2017 11:15 AM

UPDATED Aug. 2, 12:30 p.m.: A wealthy Palm Beach couple just sold their 1920s non-waterfront Palm Beach estate for $15 million, property records show.

Henry and Susan McIntosh sold the 10,500-square-foot mansion at 124 Via Bethesda to an LLC controlled by West Palm Beach law firm Jones Foster Johnston & Stubbs. The home, built in 1928, sold for nearly $1,430 per square foot.

Henry McIntosh, a developer, was part of the National Association of Homebuilders’ Business Management Committee and has been involved in wildlife conservation efforts. Records show the couple bought the home in 1980 for $975,000.

Douglas Elliman’s Ashley McIntosh, the sellers’ daughter, listed the property. Elliman’s Chris Leavitt brought the buyer. The property was on and off the market since November with an asking price of $16.2 million. It sold at a 7.4 percent discount.

Ashley McIntosh and Leavitt declined to identify the buyers behind 124 Via Bethesda LLC, but said they plan to preserve the property. Palm Beach architect Howard Major designed the house, which has historical features dating back hundreds of years, including a coral block coquina exterior quarried in Cuba, walnut paneling from a 17th century French chateau and marble floors from the early 1600s. Leavitt called the home “one of the few remaining historic gems left in Palm Beach County.”

The seven-bedroom mansion has nine bathrooms and two half-bathrooms, an additional three bedrooms for staff, a chef’s kitchen and butler pantry, an elevator, a two-car garage and a saltwater pool. It sits on a 25,200-square-foot lot.

Ashley McIntosh said her parents have purchased a new home in Palm Beach. Records show they paid $4.8 million for the 5,200-square-foot house at 1263 North Lake Way in Palm Beach.

Single-family home sales in Palm Beach County were up in June, according to the Realtors of the Palm Beaches. So far this year, non-waterfront homes have fetched prices as high as $1,700 per square foot in Palm Beach.


Related Articles

arrow_forward_ios
Does it come with a home theater? IMAX director buys oceanfront Palm Beach house for $29M
Does it come with a home theater? IMAX director buys oceanfront Palm Beach house for $29M
Does it come with a home theater? IMAX director buys oceanfront Palm Beach house for $29M
The partially collapsed 12-story Champlain Towers South condo building (Getty)
Inside the tug-of-war over the Surfside condo site’s future
Inside the tug-of-war over the Surfside condo site’s future
Thomas Iovino and the Palm Beach property (Iovino via LinkedIn, Brown Harris Stevens via Realtor)
Construction chief buys flipped Palm Beach spec mansion for $18M
Construction chief buys flipped Palm Beach spec mansion for $18M
Tommy Hilfiger and his wife Dee Ocleppo Hilfiger with the Palm Beach location (Google Maps, Getty)
Tommy Hilfiger and wife drop $46M on third Palm Beach real estate purchase this year
Tommy Hilfiger and wife drop $46M on third Palm Beach real estate purchase this year
Todd Michael Glaser with 10 Tarpon Isle (Todd Michael Glaser)
Spec home developer Todd Glaser, partners buy entire Tarpon Island in Palm Beach for $85M
Spec home developer Todd Glaser, partners buy entire Tarpon Island in Palm Beach for $85M
Moving on up: Wealth manager upgrades to $15M Palm Beach home
Moving on up: Wealth manager upgrades to $15M Palm Beach home
Moving on up: Wealth manager upgrades to $15M Palm Beach home
David Salomon and 229 Ridgeview Drive, Palm Beach (Google Maps)
Wealth manager sells Palm Beach house for $9M
Wealth manager sells Palm Beach house for $9M
Gigi and Averell Mortimer and 255 El Pueblo Way, Palm Beach (Getty, Google Maps)
Averell and Gigi Mortimer buy Palm Beach home for $7M
Averell and Gigi Mortimer buy Palm Beach home for $7M
arrow_forward_ios

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

Loading...