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The house owners of this Florida mansion are asking for $24 million for his or her nearly 11,500 square-foot residence inside probably the most costly gated communities in Delray Seaside, Florida.
The worth tag places the house, often known as Villa Ananda, at a worth per sq. foot of just about $2,100, which is properly past record-breaking territory for a non-oceanfront residence within the city.
Aerial view of Villa Ananda and the man-made lake that wraps across the property rear backyard.
Daniel Petroni Images
“So long as prosperous clientele regard Florida as a haven for way of life and tax advantages, the extremely luxurious actual property market will flourish,” itemizing dealer Senada Adzem advised CNBC.
Over the previous 5 years, the Delray Seaside market has greater than flourished — it has skyrocketed. Since 2018, the typical worth per sq. foot of a luxurious residence — representing the highest 10% of gross sales — in Delray Seaside has greater than doubled from $416 to nearly $840, in accordance with the Elliman Report.
The 102% rise in Delray Seaside is much more spectacular when you think about it outperformed each the Miami coastal mainland, which noticed an 86% enhance in luxurious worth per sq. foot, and the Manhattan, New York, market the place the typical worth per sq. foot of a luxurious residence declined 2%.
Villa Ananda’s dwelling space is flanked by a smooth grey and white kitchen on one aspect and a wall of wine on the opposite.
Daniel Petroni Images
The common luxurious residence sale in Delray Seaside has additionally seen a dramatic rise, rising 90% from $2 million in 2018 to $3.8 million within the final quarter of 2023.
“Individuals have a tendency to think about Miami and Palm Seaside when the topic turns to high-end South Florida actual property,” Adzem advised CNBC. “However Delray Seaside is, with out query, one of many area’s premier luxurious residential markets.”
Most of the city’s high-net-worth residents have been drawn to an unique enclave referred to as Stone Creek Ranch. The gated group is residence to billionaire hedge fund supervisor Steve Cohen; Nationwide Soccer League star Khalil Mack; Gerry Smith, CEO of ODP, the mum or dad firm of Workplace Depot; and singer-songwriter Romeo Santos, to call a couple of.
Hewlett Packard Enterprise CEO Antonio Neri bought a house right here again in 2019 for $7.5 million. He bought it in 2022 for $14 million, an nearly 87% enhance in below three years. Each offers had been brokered by Adzem.
16141 Quiet Vista in Stone Creek Ranch was bought by HP Enterprise CEO Antonio Neri for $7.5M who bought it three years later for a hefty revenue.
Daniel Petroni
“I bought the house as a result of I liked it and the neighborhood. It additionally turned out to be a unprecedented funding,” Neri advised CNBC.
Simply final yr, the 37-residence group noticed its priciest sale thus far when a 17,800 square-foot mansion at 9200 Rockybrook traded for $26 million, or about $1,460 per sq. foot, in a deal that was additionally brokered by Adzem.
Villa Ananda’s entrance is flanked by mature Italian Cypress bushes.
Daniel Petroni Images
Whereas her newest itemizing, 9303 Hawk Shadow Lane, is not the costliest residence to hit the market right here, at nearly $2,100 a sq. foot, it might be the very best worth per sq. foot ever achieved in Stone Creek Ranch, surpassing the earlier document by greater than 40%.
“Trophy properties have gained momentum within the South Florida market over the previous three years — for tax advantages, for security causes and due to the pandemic,” Adzem advised CNBC.
The actual property agent is aware of this high-end neighborhood properly. Over the previous 4 years, she has bought 5 properties right here, twice every, and brokered greater than $136 million in transactions — all of them inside simply 500 meters of her newest itemizing.
An aerial view of the Rockybrook Property in Delray Seaside, Florida.
Douglas Elliman
Whereas buyers-turned-sellers, like Neri, have turned hefty income in a short while, Adzem believes the market continues to be trending in the best path. Restricted provide helps.
“The excessive demand for estates inside Stone Creek Ranch, with solely 37 multimillion-dollar properties accessible, additional underscores this market dynamic,” mentioned Adzem.
Here is a glance contained in the 6 bed room, 10 rest room Villa Ananda:
Aerial view of 9303 Hawk Shadow Lane in Delray Seaside.
Daniel Petroni Images
The one-story residence sits on 2.5 acres surrounded by a man-made lake.
Lacking from the property’s lush inexperienced panorama are Florida’s ubiquitous palm bushes. There’s not a single one on the property. As an alternative, the land is peppered with towering Italian Cypress bushes, bougainvillea, rose bushes, pines and vegetation chosen for its resemblance to olive bushes.
Adzem tells CNBC that panorama architect Krent Wieland and the house owners opted for greenery that might make the residence really feel much less like a Florida mansion and extra like an opulent villa within the Italian countryside.
The view from Villa Ananda’s loggia contains manicured gardens, a saltwater pool and a 20-person scorching tub.
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“Each element of their environment was meticulously curated, impressed by the awe-inspiring vistas of southern Italy’s countryside,” mentioned Adzem.
The house’s loggia features a kitchen, bar, lounge, eating space and hearth.
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Villa Ananda’s major suite spans about 3,500 sq. toes with two sleeping areas. That is bigger of the suite’s two bedrooms.
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Based on Adzem, Villa Ananda’s major suite spans greater than 3,500 sq. toes, with two residence workplaces, two walk-in closets, a pair of baths and a wellness space with an infrared sauna and therapeutic massage desk.
One of many two baths within the major suite.
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One of many major suite’s two residence workplaces.
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Interiors are designed by Inson Dubois Wooden with bespoke furnishings by Studio Liaigre, Adzem tells CNBC, and whereas the furnishings should not included within the asking worth, they’re negotiable.
One of many major suite’s two walk-in closets.
Daniel Petroni Images
Customized chandeliers in the lounge, formal eating room, baths and even closets are crafted from a pearly-white rock referred to as Selenite, a crystal that is fashioned when calcium-rich saltwater evaporates.
The eating space off the kitchen.
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There’s eating for twelve off the kitchen, plus a separate formal eating room that may accommodate 10 friends.
The formal eating room.
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The kitchen’s waterfall counter tops are crafted from a white Calacatta Crema marble, and the wood flooring are washed in a mushy grey hue that resembles weathered drift wooden.
The kitchen.
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Exterior, there is a saltwater pool, 20-person scorching tub, zen backyard, hearth options, a fruit tree orchard and rose backyard.
A view of the house’s saltwater pool and stone sundeck.
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The stone driveway results in a parking courtyard flanked by air-conditioned storage areas for 9 vehicles.
The house has air-conditioned parking for 9 vehicles.
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