$285 million Florida mansion becomes one of America's priciest home listings... but there is a giant catch

A singular caller listing has landed connected the marketplace successful Florida, which is among the astir costly successful American past - but it has yet to beryllium built.

A developer in Manalapan, successful Florida's Palm Beach County, has listed a planned spec mansion for a staggering $285 million. 

That places the property, which volition lone statesman operation if determination is simply a buyer, among the priciest ever listed for merchantability successful the US.

A nine-acre compound successful Naples, Florida, broke records erstwhile it was listed for $295 cardinal past February, but it has yet to sell.

A New York City flat presently holds the grounds for the astir costly US location sale, aft it was bought by billionaire hedge money manager Ken Griffin successful 2019 for $240 million. 

Any prospective purchaser of the Manalapan location volition person chap billionaire Larry Ellison arsenic a neighbor, arsenic the onshore sits adjacent to the Oracle co-founder's sprawling estate.

The spot is besides a fewer minute's thrust from Donald Trump's Mar-a-Lago home. 

Its seller is Stewart Satter, a section developer who concisely served past twelvemonth arsenic the politician of the town, which is besides home to Fox News prima Sean Hannity. 

Satter stepped down arsenic politician aft lone a fewer months aft caller fiscal disclosure rules required that helium disclose his income and wealth, which helium was uncomfortable providing, according to The Wall Street Journal.

The four-acre spot spans from the Intracoastal Waterway to the Atlantic Ocean. 

There is besides a backstage passageway underneath South Ocean Boulevard, which runs down the mediate of the property. 

The location volition boast amenities including a gym, spa, vino cellar, padel room, movie theatre and bowling alley.  

It volition besides person much antithetic features specified arsenic a play simulation room, a shooting scope and a 'car museum' which volition let the proprietor to showcase their prized vehicles.

The main residence volition span an awesome 50,390 quadrate feet, offering 8 bedrooms, 9 afloat bathrooms, 7 pulverization rooms, 2 kitchens designed for some mundane usage and catering, 2 laundry rooms, and dedicated unit quarters.

The plans besides telephone for an expansive guesthouse and a vessel location - positive landscaped grounds implicit with a 3,700-square-foot infinity excavation country with waterfalls and lagoons.

The spot volition besides travel with a backstage dock, and much than 700 feet of water frontage. 

'This property is the culmination of vision, craftsmanship, and location, blending unmatched amenities with the tranquility of Manalapan's coastal lifestyle,' Satter said successful a property release.

'Someone spending $285 cardinal is expecting everything. And successful that property, they're going to get everything,' helium told the outlet. 

The $285 cardinal mansion is the latest successful a bid of high-profile residential developments by Satter. 

In 2020, helium sold a Manalapan property helium built for astir $39 cardinal to a mates who had sold their Palm Beach location to Sylvester Stallone, helium noted. 

Two years later, Campbell Soup heiress Mary Alice Dorrance Malone purchased a batch helium owned, on with commissioned plans, for $40 million.

When asked if the hefty terms tag for his latest task was realistic, Satter described himself arsenic 'a beauteous realistic person.' 

He compared it to a caller $150 cardinal listing connected Palm Beach's Billionaires' Row, which included lone astir fractional the acreage of his property.

The spot is not yet nether construction, arsenic helium expects that immoderate purchaser whitethorn privation to customize oregon amend the plans. 

'This property is dissimilar thing the marketplace has ever seen,' said cause Nick Malinosky of The Exclusive Group astatine Douglas Elliman. 

'Its sheer scale, impeccable design, and unmatched amenities marque it a existent icon of luxury living. 

'This is much than conscionable a location - it's a statement, a record-breaking accomplishment that volition everlastingly redefine the modular of ultra-luxury existent estate.'

In caller years, Manalapan has seen a immense hike successful location values, helped mostly by its proximity to Palm Beach, which is located astir 10 miles north.

The Covid pandemic further accelerated this trend, attracting affluent buyers from the Northeast to South Florida, according to Satter.

In 2022, Oracle co-founder Larry Ellison acceptable a section grounds erstwhile helium purchased a $173 cardinal location successful Manalapan. 

He aboriginal acquired the Eau Palm Beach Resort & Spa successful the municipality for astir $277 million. More recently, successful December, Sean Hannity purchased an property determination for $23.5 million.

The town's entreaty lies successful its sprawling estates and comparative seclusion, making it a quieter, much backstage alternate to Palm Beach, conscionable 10 miles to the north. 

With a colonisation of astir 400 and its ain dedicated constabulary force, Manalapan offers exclusivity and privateness that affluent buyers find irresistible.