172 S Ocean Boulevard, Palm Beach, FL 33480

$48,500,000
Property Type: Residential Bedrooms: 16 Baths: 22 Square Footage: 19,434 Status: Closed
Current Price: $48,500,000 List Date: 6/12/2020 Last Modified: 3/13/2026

Overview

Description

ICONIC Palm Beach | Rarely does one have the chance to purchase such an important estate on Palm Beach located on the corner of Main and Main. Built originally in 1926 by renowned Palm Beach architect Marion Sims Wyeth, La Salona exudes true Palm Beach style. When one enters the arched entry courtyard, you're swept back in time. Although originally built in 1926, the home has been completely updated under the current owner over the past 30 years. The most recent renovation of the western portion of the home was completed in 2016. The 2 stories include a 3-bedroom apartment on the first floor and another 3-bedroom apartment on the second floor. Distinctive features of the house include exquisite Cypress coffered ceilings, stenciled using a technique called lime paste.

Supplements: The decorative ironwork, the paneling and Mediterranean tile work dating back from Addison Mizner's workshop. The dining room features a coffered ceiling, carved columns, floor tiles and paneled doors which are all part of the original construction. This prestigious estate offers sprawling ocean views from the master suite along with 4 private gues ...

Listing Details MLS# R10630179

General Property Information

Property Sub Type
Single Family Residence
Bedrooms Total
16
Bathrooms Total
22
Bathrooms Full
17
Bathrooms Half
5
Building Area Main
19434
Building Area Source
Plans
Living Area Main
13227
Year Built
1926
Garage YN
Yes
Attached Garage YN
Yes
Garage Spaces
2
Covered Spaces
2
Gated Community YN
No
Senior Community YN
No
Waterfront YN
Yes
Outdoor Living Spaces YN
Yes
Stories Total
2
Stories
2
Direction Faces
North
Fireplace YN
Yes
Pool Private YN
Yes
Furnished
Unfurnished

Property Features

Dining Area: Breakfast Area; Formal Dining Exterior Features: Summer Kitchen Flooring: Marble; Wood Parking Features: Attached Garage; Garage Property Condition: Resale Appliances: Dishwasher; Disposal; Dryer; Free-Standing Freezer; Gas Range; Ice Maker; Microwave; Refrigerator; Washer Construction Materials: Other Cooling: Zoned Heating: Zoned Interior Features: Bar; Closet Cabinetry; Entrance Foyer; High Ceilings; Pantry; Storage; Walk-In Closet(s); Wet Bar Listing Terms: Cash; Conventional Pets Allowed YN: No Possession: Close Of Escrow Restrictions: Historic Designation Roof: Concrete; Tile Security Features: Security System Owned Sewer: Public Sewer Sprinkler Description: Auto Sprinkler Tax Information: City/County Utilities: Cable Available; Natural Gas Available; Sewer Available; Water Available Water Source: Public Water View: Ocean Waterfront Features: Ocean Front Showing Requirements: 24 Hour Notice; Call Listing Agent; Text Listing Agent Outdoor Living Spaces: Balcony; Patio Balcony Details: Balcony - Covered; Balcony - Open Patio Details: Patio - Covered Contingencies: None Room Types: Den; Family Room; Kitchen; Living Room; Master Bedroom; Media Room

Contract Information

Comp Sale YN
No
Listing Contract Date
2020-06-12
Original List Price
49500000

Location and Legal

County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
172
Street Direction Prefix
S
Street Name
Ocean
Street Suffix
Boulevard
City Name
Palm Beach
State Or Province
FL
Postal Code
33480
Postal Zip
33480
Subdivision Name
PRIMAVERA ESTATES
Area
5002
Geographic Area
PB30
Special Assessment YN
No
Parcel Number
50434322050000050
Zoning
RB
Directions
172 S Ocean Blvd, Palm Beach

Financial Information

Association Deposit YN
No
Membership Fee Required YN
No
Tax Annual Amount
158096
Tax Year
2019
Tax Legal Description
PRIMA VERA ESTS /OCEAN SEC/ LT 5 & N 64.21 FT OF LT 6

Status Change Information

Major Change Timestamp
2021-03-16T18:30:35Z
Major Change Type
Status Change
Status Change Date
2021-03-16
Under Contract Date
2021-02-23
Close Date
2021-03-16
Close Price
48500000
Buyer Financing
Cash

More Information

Short Sale Details

Short Sale Addendum
No

Main Level Rooms

Main Level Bathrooms
Yes
Main Level Bedrooms
Yes

Showing Details

Pet(s) on Premises
Yes

Concessions

Seller Concessions
No

Contributions

Buyer Contributions
No

Room Types

Kitchen Level
Main
Living Room Level
First
Master Bedroom Level
Main
Den
Yes
Family Room
Yes
Kitchen
Yes
Living Room
Yes
Master Bedroom
Yes
Media Room
Yes

Price Calculations

Current Price To SqFt
3666.74
Original List Price To Close Price
1.02

Originating Details

Originating System Key
20200610184049659779000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Amenities

Library
Yes
Pool
Yes

Dining Area

Breakfast Area
Yes
Formal Dining
Yes

Exterior Features

Summer Kitchen
Yes

Flooring

Marble
Yes
Wood
Yes

Parking Features

Attached Garage
Yes
Garage
Yes

Property Condition

Resale
Yes

Possession

Close Of Escrow
Yes

Sewer

Public Sewer
Yes

Utilities

Cable Available
Yes
Natural Gas Available
Yes
Sewer Available
Yes
Water Available
Yes

Heating

Zoned
Yes

Sprinkler Description

Auto Sprinkler
Yes

Water View

Ocean
Yes

Appliances

Dishwasher
Yes
Disposal
Yes
Dryer
Yes
Free-Standing Freezer
Yes
Gas Range
Yes
Ice Maker
Yes
Microwave
Yes
Refrigerator
Yes
Washer
Yes

Construction Materials

Other
Yes

Interior Features

Bar
Yes
Closet Cabinetry
Yes
Entrance Foyer
Yes
High Ceilings
Yes
Pantry
Yes
Storage
Yes
Walk-In Closet(s)
Yes
Wet Bar
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Roof

Concrete
Yes
Tile
Yes

Security Features

Security System Owned
Yes

Water Source

Public
Yes

Waterfront Features

Ocean Front
Yes

Cooling

Zoned
Yes

Showing Requirements

24 Hour Notice
Yes
Call Listing Agent
Yes
Text Listing Agent
Yes

Master Bedroom/Bath

2 Master Baths
Yes
Master Bdrm - Sitting
Yes
Separate Shower
Yes
Separate Tub
Yes

Pets Allowed YN

No
Yes

Restrictions

Historic Designation
Yes

Tax Information

City/County
Yes

Outdoor Living Spaces

Balcony
Yes
Patio
Yes

Balcony Details

Balcony - Covered
Yes
Balcony - Open
Yes

Patio Details

Patio - Covered
Yes

Contingencies

None
Yes

Room Information

Living Room Length: 28.00 Length: 28.00 Width: 21.00 Width: 21.00 Level: First Kitchen Length: 24.30 Length: 24.30 Width: 12.00 Width: 12.00 Level: Main Master Bedroom Length: 14.70 Length: 14.70 Width: 13.70 Width: 13.70 Level: Main Family Room Media Room
Listing Office: Serhant
IDX
Last Updated: March - 13 - 2026
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