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One of America’s Priciest Home Listings Hits the Market for $285 Million: Manalapan Real Estate

Updated: Jan 21

Full Article: Here


The planned Florida spec mansion would break the country’s home sale record

Over the past few years, the upscale town of Manalapan in Florida’s Palm Beach County has posted outsize real-estate prices and attracted big names like Larry Ellison and Sean Hannity.


Now, a local developer is pushing the limits of the values Manalapan real estate can command, listing a planned spec mansion for $285 million.


Manalapan Real Estate Market

At that price point, the property is among the priciest ever listed for sale in the U.S., falling just shy of a roughly 9-acre compound in the Port Royal neighborhood in Naples, Fla., which listed for a potentially record-setting $295 million in February 2024 and is still on the market. The current record for a U.S. home sale is around $240 million, set in 2019 by the sale of a New York City apartment to billionaire hedge funder Ken Griffin.


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