502 N Ocean Blvd, Delray Beach, FL 33483

8 beds10.5 baths25,834 sqft

Sold: $18,500,000
Sold on 08/01/12
Zestimate®: $24,325,058
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Ensconced on 1.85± sweeping acres right across from the beach, this serenely stylish Mediterranean Revival estate creates a blissful haven for indoor/outdoor living by the sea. An oceanside paradise indulging every passion, this resort-inspired showplace sprawls over a double lot directly across from the beach, framing the ocean view through swaying palm trees. Sublime beauty imprints this Mediterranean Revival masterwork built in 2009, a joint venture of Courchene Development Corporation and Dailey Janssen Architects. Old World tradition takes on artful stylishness in the sophisticated interior design by award-winning Marc-Michaels. Featuring spectacular indoor/outdoor entertaining venues and a plethora of luxuries, this haven by the ocean brings dreams to fruition. Location North Ocean Boulevard, Delray Beach, Florida. This tranquil setting is near Atlantic Avenue's cosmopolitan boutiques and restaurants. Property On 1.85± double-gated acres, this lavish oceanside estate resides amid sweeping lawns and tropical gardens. By the shimmering saltwater pool is a cabana with summer kitchen, fireplace, cabana bath, a guest house, and sport court. A loggia with fireplace opens to the oceanside gardens. Residence Stunningly styled in antiqued European oak, mahogany, pecky cypress, limestone, coral, and Alhambra tile, this serene domain sprawls over 26,509± total square feet with 8 bedrooms, 9 full and 3 half baths, and 8-bay garage. First Floor: Dominated by a baronial fireplace, the living room flows to the oceanside loggia which also adjoins the mahogany-paneled billiard/club room with wet bar. A fountained courtyard opens from here and from the bookcase-lined library with fireplace. Macedonia stone columns and a fireplace grace the banquet-sized dining room. Magnificent brick-vaulted ceilings highlight the masterpiece chef's kitchen offering Sub-Zero, Thermador, Wolf, and Miele appliances. A breakfast area, butler's pantry, storage pantry, and walk-in cooler adjoin. Centered on a fireplace, the cypress-paneled family room opens to a large loggia across from the pool. Second Floor: Breathtaking ocean vistas backdrop the grand master suite, opening to a romantic fire-lit loggia and balcony. The master bedroom adjoins a meditation room, while 2 wardrobe rooms accompany the sumptuous his-and-her bath with free-standing limestone slab tub and multi-head shower. 5 more bedroom suites and a playroom complete this level. Lower Level: The ultimate professional-style spa room features a hydrotherapy tub, massage area, and steam room. A gym, game room, wine room and staff quarters are also provided. (Internet 5963944)  More Less 

Facts

  • Lot: 1.85 acres
  • Single Family
  • Built in 2010
  • Cooling: Central
  • Heating: Forced air
  • Last sold: Aug 2012 for $18,500,000
  • Price/sqft: $716

Features

  • Elevator
  • Finished basement, 4912 sqft
  • Fireplace
  • Parking: 2524 sqft
  • Pool
  • View: Water

Construction

  • Construction quality: 10.0
  • # Stories: 3.0
  • Unit count: 1

Other

  • Floor size: 25,834 sqft
  • Last remodel year: 2008
  • Lot depth: 403
  • Lot width: 203
  • Parcel #: 12434609370000092
  • Zillow Home ID: 46766572

Zestimate Details

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$24,325,058
+$856,687 Last 30 days
$17.5M
$32.1M
Zestimate range
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$9,991/mo
-$1,757 Last 30 days
$2.4K
$15K
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Neighborhood

Market guide

Zillow predicts 33483 home values will decrease 0.3% next year, compared to a 1.6% increase for Delray Beach as a whole. Among 33483 homes, this home is valued 5682% more than the midpoint (median) home, and is valued 154.8% more per square foot.

Foreclosures will be a factor impacting home values in the next several years. In 33483, the number of foreclosures waiting to be sold is 36.7% less than in Delray Beach, and 51.4% greater than the national average. This lower local number could help 33483 home values rise more quickly than other regions in Delray Beach.

Learn more about forecast calculations or 33483 home values.
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    Nearby Schools in Delray Beach

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