In the heart of Palm Beach, a brand-new estate has made waves by hitting the market with a jaw-dropping price tag of $88 million. This ultraexclusive property at 1540 South Ocean Blvd. combines high-end design, ultimate privacy and a unique feature – a private tunnel leading straight to the beach.
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Locals call it “Billionaires’ Row” for good reason. This new listing sits close to some of the most luxurious estates in the country, including the vast 20-acre compound owned by billionaire Ken Griffin just a stone’s throw away. Griffin’s property is renowned as one of the priciest residential holdings in the U.S., raising the bar for its opulent neighbors.
The sprawling property at 1540 South Ocean Blvd. features a main residence and a nearly finished guesthouse. This isn't your average mansion; it's an architectural feat brought to life by Dailey Janssen Architects, built by Seagate Capital Construction with interiors by Carly Joan Design.
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Its Bermuda-style facade welcomes visitors through a grand foyer, leading directly to a formal sitting room, an elegant dining area and a winding stair hall. An oceanfront family room opens right off the dining space for a casual touch. There’s also a chef's kitchen for large gatherings, a dedicated game room with a wet bar and a cozy fireplace for cooler Florida nights.
The upper floor is about the main suite, where French doors open onto an oceanfront balcony, offering views sweeping the horizon. The estate offers eight bedrooms, twelve bathrooms and three additional powder rooms across 16,500 square feet of luxurious living space. A wine cellar and a personal gym round out the main residence's features, providing every amenity a luxury property could offer.
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The guesthouse is still being completed and stands slightly removed from the main residence – perfect for entertaining while keeping a bit of distance. It's designed with relaxation and privacy in mind, offering a great room that opens up to a covered loggia. The main floor has two bedroom suites, while the lower floor holds a fully equipped gym. The upper level hosts another guest suite with a sitting room, walk-in closet, bathroom and terrace for extra privacy.
The estate's courtyard is a true oasis with a pool, spa and fully equipped outdoor kitchen. Two garages with room for six vehicles are available for car enthusiasts and a standby generator keeps everything running smoothly.
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