Planned Mega-mansion lists for $285 million in Manalapan near Palm Beach
A planned mega-mansion designed to be built on speculation has entered the market at a whopper of a price — $285 million — in Manalapan, the wealthy town south of Palm Beach.
If built, the mansion would preside over four ocean-to-lake acres at 1960 S. Ocean Blvd., next door to the massive estate owned by software billionaire Larry Ellison of Oracle Corp.
The planned contemporary-style house is being billed as the country’s most expensive new-construction residential project. The price also ranks among the highest dollar asking prices sought for a non-ranch property marketed through a U.S. multiple listing service.
The property has 350 feet of oceanfront and another 350 feet on the Intracoastal Waterway. With 54,570 total square feet of living space, inside and out, the estate would include an eight-bedroom main house, a guesthouse and a smaller beach house.
Among the estate’s planned features are a private bowling alley, a movie theater, a gym-and-spa facility and a game room. The preliminary plans also call for a golf-simulation room, a shooting range, a padel court and a “car museum,” which is described in publicity materials as “the perfect showcase for prized vehicles.”
The developer is Manalapan resident and former Mayor Stewart Satter, who has built and sold other residential projects in the barrier-island town through his Carnegie Hill Development.
Agent Nick Malinosky of The Exclusive Group at Douglas Elliman Real Estate holds the listing. The house would be built by contractor Robert W. Burrage of RWB Construction Management.
Mark Tremblay of Marc-Michaels Interior Design Inc. will be the lead interior designer of the project at 1960 S. Ocean Blvd., working alongside Choeff Levy Fischman, the architect of record.
