This $59.9 million mansion is on track to become Boca Raton’s most expensive house — again

The Highland Beach estate is looking to shatter a record it set in 2022, when it sold for $45 million in an off-market deal that made it the most expensive home ever sold in the greater Boca Raton area.

Georgie Mihaila
5 Min Read
Photo credit: LivingProof Real Estate Photography courtesy of Coldwell Banker Realty

A massive 17,602-square-foot home that sits on Highland Beach’s largest oceanfront lot has recently hit the market in Palm Beach County, Florida and has the potential to set a new real estate record.

The trophy property delivers over 150 feet of private manicured beachfront on nearly 2 acres in the ”Estate Section” of Byrd Beach, minutes away from Atlantic Avenue and Boca Raton.

It also sports a price tag worthy of its countless attributes: the mansion is listed for $59.9 million, making it the most expensive home for sale in Highland Beach and the priciest listing in the greater Boca Raton area.

Photo credit: LivingProof Real Estate Photography courtesy of Coldwell Banker Realty

If it sells anywhere near its asking price, the Ocean Blvd. property will become the most expensive home ever sold in the area.

RELATED: Florida’s most expensive house ever: Larry Ellison’s $173 million Gemini estate

“This estate is one of the nicest houses in Highland Beach,” says Coldwell Banker Realty agent Jonathan Postma, who holds the listing. “It’s a trophy property that is becoming increasingly hard to find in Florida, especially with two acres and 150 feet of private ocean frontage.”

Photo credit: LivingProof Real Estate Photography courtesy of Coldwell Banker Realty

Interestingly enough, the previous record holder is this very property. The same Ocean Blvd. home sold in April 2022 for a whopping $45 million, a deal that marked the highest sale in the Highland Beach, Boca Raton, Delray Beach, Gulf Stream, and Ocean Ridge area, per the South Florida Sun Sentinel.

The owner, identified by The Real Deal as an Omaha businessman, bought the property in 2022 in an off-market deal, and has since done extensive maintenance/repairs, while also revamping the interiors of the massive 17,602-square-foot mansion.

Photo credit: LivingProof Real Estate Photography courtesy of Coldwell Banker Realty
Photo credit: LivingProof Real Estate Photography courtesy of Coldwell Banker Realty
Photo credit: LivingProof Real Estate Photography courtesy of Coldwell Banker Realty
Photo credit: LivingProof Real Estate Photography courtesy of Coldwell Banker Realty

Featuring modern French-Eclectic architecture, transitional interiors by Marc-Michaels, and fortress-like construction by Mark Timothy Luxury Homes, the $59.9 million Ocean Blvd. house is the epitome of luxury.

SEE ALSO: Serena Williams’ house in Florida has many unique features, but no living room

Photo credit: LivingProof Real Estate Photography courtesy of Coldwell Banker Realty

With 8 bedrooms, 10 full baths and 3 partial baths, the mansion has intricate details throughout, creatively blending an atmosphere of grand-scale entertaining and comfortable beach living.

Photo credit: LivingProof Real Estate Photography courtesy of Coldwell Banker Realty

Inside, some of the standout features of the privately gated estate include a gourmet kitchen with a large center island, double ovens and pantry; an oversized master bedroom with en suite and massive walk-in closet; a home theatre; and a fitness area, among others.

Photo credit: LivingProof Real Estate Photography courtesy of Coldwell Banker Realty
Photo credit: LivingProof Real Estate Photography courtesy of Coldwell Banker Realty
Photo credit: LivingProof Real Estate Photography courtesy of Coldwell Banker Realty

Adding to its beach living appeal, the Ocean Blvd. estate also features a heated pool/spa area with a cabana, outdoor shower, built-in grill, and summer kitchen.

Photo credit: LivingProof Real Estate Photography courtesy of Coldwell Banker Realty

Ultra-high-end real estate in Boca Raton, Florida is on a stratospheric rise, breaking record sale prices every year for five consecutive years. According to a CNBC report, mansions in the Boca Raton area are commanding Miami Beach prices, with the price per square foot of the area’s top-end homes now on par with Miami Beach pricing.

“People tend to think of Miami when the subject turns to high-end South Florida real estate,” Douglas Elliman real estate agent Senada Adzem told CNBC, “But Boca Raton is, without question, one of the region’s premier luxury residential markets.” And the spectacular $59.9 million Highland Beach mansion we covered today is clear proof of that.

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With a decade-long career as a digital content creator, Georgie started out as a real estate journalist for Multi-Housing News & CPExecutive. She later transitioned into digital marketing, working with leading real estate websites like PropertyShark, RENTCafé and Point2Homes. After a brief but impactful stint in the start-up world, where she led the marketing divisions of fintech company NestReady and media publisher Goalcast, Georgie returned to her first passion, real estate, and founded FancyPantsHomes.com