Manalapan Estate Listed for $95 Million

A five-bedroom estate located in Manalapan, Florida, has been listed for sale at $95 million, presenting an opportunity for potential buyers to renovate, expand, or construct a new custom residence. This expansive 2.69-acre property offers a rare dual frontage, extending from the Atlantic Ocean to the Intracoastal Waterway. The existing residence, constructed in 1989, spans 16,538 square feet and includes a private 100-foot dock capable of accommodating a large yacht. Additional features of the estate include east and west-facing swimming pools, a decorative bridge crossing over a pond, and a gazebo. The property boasts a significant 250 feet of water frontage on both the ocean and the waterway, enhancing its exclusivity and appeal. This Manalapan listing has quickly ascended to the top of the week's most expensive homes compilation.

Among other notable high-value properties featured on the week's list are a recently renovated townhouse on the Upper East Side, an equestrian estate situated in Wellington, Florida, and a luxury mansion in Palm Beach, Florida, which was the personal residence of a spec developer. These properties, like the Manalapan estate, represent the pinnacle of the luxury real estate market, attracting significant attention for their unique features and prime locations.

Further down the list of expensive homes is an estate at 10. 1 Isla Bahia Drive in Fort Lauderdale, Florida, priced at $35,900,000. This waterfront point lot, spanning nearly one acre, is reportedly owned by Andrew Heller, an executive in the venture capital and private equity sector, who acquired it for $16,000,000 in 2014. The property offers panoramic views and 343 feet of direct water frontage. The six-bedroom residence has undergone a significant renovation, now featuring a glass elevator, a grand two-story foyer, a chef's kitchen equipped with custom cabinetry and coffered ceilings, and a water-facing primary suite complete with a fireplace and a private terrace. The estate also includes a two-story guesthouse, a protected private dock, an in-ground swimming pool, and a four-car garage. Sheryl Hodor of Compass is managing the listing for this Fort Lauderdale property.

Another prominent listing is located at 516 Mola Avenue in Fort Lauderdale, Florida, with a price tag of $39,999,999. This peninsula estate, built in 2020 and designed by architect Max Strang, is a gated six-bedroom mansion overlooking the New River. It incorporates numerous modern amenities, including a pickleball court. The 9,995-square-foot residence is characterized by a distinctive floating cantilever design, with features such as retractable elements contributing to its contemporary aesthetic. The inclusion of a pickleball court highlights a growing trend in luxury residential amenities, catering to active lifestyles. The architectural design by Max Strang emphasizes a modern, sophisticated living experience, integrating seamlessly with its waterfront setting.