It looks like a hotel, but this oceanfront property is a private residence in North Palm Beach, Florida — and it’s now on the market for $59.5 million.
The listing brokers are reality TV stars Ryan Serhant, of Serhant, and Chris Leavitt, of Douglas Elliman. The two starred on Bravo’s Million Dollar Listing in New York and Miami, respectively, and Serhant this year brought the reality TV energy to Netflix’s Owning Manhattan.
“This house is built like a bunker in the ocean. It’s solid stone construction, strong and structurally sound,” Leavitt told Gimme Shelter. The residence is also part of Seminole Landing, one of the only oceanfront communities in South Florida. “There’s a guard at the gate and also one in front of the house, so it’s two gates,” Leavitt said.
Billionaire neighbors include Larry Ellison, the Ziff family and Robert F. Smith of Vista Equity Partners.
The property, known as Bel Viaggio, is at 12088 Banyan Road in Seminole Beach, and is part of a private gated community. The seller bought the home for $39.5 million in 2021, according to property records, meaning the potential for a big profit after just three years.
The nine-bedroom home was built in 2008. With a massive 18,852 square feet, it comes with 190 feet of oceanfront and sits on approximately 2.9 acres. It was curated by architect and preservationist Gene Pandula, interior designer Ray Clark and master landscape architect Howard Ostrout Jr.
The house opens into a two-story foyer. Two spiral staircases lead to separate wings of the second floor. There is a grand drawing room, a screening room, a gallery room, a vault, a chef’s kitchen and a dining room.
Design details include hand-painted ceilings, custom cabinetry and two home offices. There’s also a separate tower with a rooftop telescope and panoramic ocean views, plus a pool and an outdoor cigar room.
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