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Presented by
Michelle & Paula |
242 Wells Road, Palm Beach, FL, 33480 | $23,500,000
This extraordinary estate at 242 Wells Road combines classic French Provincial architecture with timeless elegance, offering an unparalleled lifestyle on one of Palm Beach's most prestigious streets. This magnificent 7, 460 total sq. ft. French Provincial masterpiece is nestled on a sprawling 19, 500 sq. ft. lot in the heart of Palm Beach. This stately manor, with its steep-pitched slate roof, symmetrical façade, and stone surrounds, exudes Old World charm and impeccable craftsmanship. The home's architectural grandeur is enhanced by graceful balustrades and meticulously sculptured landscaping, creating a serene and sophisticated retreat. Step inside to find luxurious interiors adorned with gleaming hardwood and marble floors showcasing exceptional attention to detail. A grand staircase, a stunning centerpiece of the foyer, welcomes you with its sweeping elegance, complemented by a private elevator. The residence offers 4 spacious bedrooms, 6 beautifully appointed bathrooms, and one half bath, fully furnished for effortless move-in elegance. The crown jewel is the expansive primary suite, featuring an expansive balcony overlooking the breathtaking pool and lush, professionally curated gardens. This serene retreat includes his-and-hers walk-in closets, separate opulent bathrooms with high-end finishes, and an elegant sitting room, perfect for quiet relaxation or intimate gatherings. A generously appointed guest suite also boasts its own balcony, offering stunning views of the tranquil outdoor oasis. Entertain with unparalleled style in the formal dining room, ideal for grand gatherings, seamlessly connected to a large butler's pantry and wet bar equipped for effortless hosting. The eat-in kitchen, a chef's dream, blends modern functionality with classic design, featuring top-tier appliances and ample space for casual dining. A stately fireplace anchors the formal living room, while a refined library provides an ideal space for work or leisure. Step outside to the large wraparound loggia or the luxurious balconies off the primary and guest suites, all offering captivating views of the expansive pool and gardens. The estate is complete with a 3-car garage with ample storage.
Features
- Amenities: Sidewalks
- Rooms: 12
- Bedrooms: 4
- Baths: 6 full / 1 half
- Lot Size: 100.0 ft x 195.0 ft
- Laundry: Laundry Closet, Inside, Laundry Tub
- Style: French Provincial
- Year Built: 2006
- Garage: 3-car Attached
- Heating: Central, Zoned
- Cooling: Central Air, Ceiling Fan(s), Zoned
- Approx Sq. Feet: 5,988
- Acreage: 0.45
- Lot Size: 100.0 ft x 195.0 ft
- Est. Taxes: $169,506
- View: Garden, Pool
- Elem. School: Palm Beach Public
- High School: Palm Beach Lakes
- Pool: Heated, In Ground, Pool Bath
- Pet Policy: Yes
- Appliances: Electric Water Heater, Cooktop, Dryer, Disposal, Dishwasher, Electric Range, Free-Standing Freezer, Ice Maker, Oven, Refrigerator, Water Heater, Washer
- MLS#: RX-11129330
- Website: https://www.raveis.com
/mls/RX-11129330/242wellsroad_palmbeach_fl?source=qrflyer
All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed.
Michelle & PaulaLuxury Properties Specialists
561.801.3885
MichelleAndPaula@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Joseph HartleyInsurance Sales Director, William Raveis Insurance
954.729.6530
Joseph.Hartley@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
242 Wells Road, Palm Beach, FL, 33480
$23,500,000
Michelle & Paula
Luxury Properties Specialists
William Raveis Real Estate
Phone: 561.801.3885
MichelleAndPaula@raveis.com
Melissa Cohn
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $18,800,000 | $18,800,000 | $18,800,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.000% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.214% | 6.145% | 5.846% |
| Monthly Tax Payment | $14,126 | $14,126 | $14,126 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $108,223 | $112,716 | $154,862 |
| Total Monthly Payment | $122,474 | $126,967 | $169,113 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388