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Can developer Stewart Satter’s $285 million mansion move beyond the design studio to dethrone Ken Griffin’s $240 million record? Oceanfront Manalapan Spec Mansion

Jan 171 min read
Manalapan Spec Mansion next to Larry Ellison’s Estate

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Oceanfront Manalapan Spec Mansion

That billionaire hedge funder Ken Griffin holds the record for one of the most expensive homes in the U.S. at $240 million, set in 2019, is no secret. What’s grabbing headlines now is the possibility of this record being shattered by local developer Stewart Satter. He has audaciously listed a planned spec mansion for an eye-popping $285 million, in upscale Manalapan, South Florida.


A man who treats real estate development as a hobby, Satter purchased the approximately 4-acre parcel for $27.5 million in March 2024. Naturally, he needed a top-tier team, enlisting luxury home builder Robert W. Burrage of RWB Construction Management and the acclaimed architecture firm Choeff Levy Fischman to turn his grand vision into reality.


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