Manalapan Home Sets Florida Record!

Posted: June 25, 2022 | Source:

America’s #1 expensive-homes buyer, Larry Ellison, just added to his collection with his $173 million purchase of a 62,200-square-foot oceanfront estate near Palm Beach. Located on 1,200 feet of oceanfront and 1,300 feet on the Intracoastal in Manalapan, Florida, the home was built in the 1940s for the Lambert pharmaceutical family and designed by architect Marion Sims Wyeth. The transaction sets a new record for the highest price ever paid for a Florida home. Ellison owns homes throughout the world including Hawaii, Japan, Lake Tahoe, Malibu, Los Angeles, Rhode Island and San Francisco.