A PALM BEACH HOME HITS THE MARKET AT $195M
The property runs ocean to lake, meaning water frontage on both sides — the rarest configuration in Palm Beach real estate.
🚨 $195 million. That is the asking price on a Palm Beach estate now listed for sale.
The Palm Beach Post reports the property is an ocean-to-lake estate — land running from the Atlantic side of the island across to the lake side.
That configuration is the scarcest thing in Palm Beach. Water on both ends, on a barrier island where nobody is making more of it.
Worth being precise here: $195 million is what the seller wants, not what anyone has paid. Asking prices at the very top of the luxury market are opening positions. Trophy listings can sit for years, get cut, or trade quietly below the number on the sign.
What it does tell you is where sellers think the ceiling is. When a single residential parcel is priced near two hundred million dollars, that is a statement about who is shopping and how much cash is looking for a place to sit.
No buyer has been reported.
Would you take one house at $195 million, or a hundred houses at $1.95 million?
#PalmBeach #LuxuryRealEstate #RealEstate #Florida #causeanuproar
First reported by
The Palm Beach Post
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