Prices in Manalapan, Fla. – between Palm Beach and Delray Beach – keep growing.
And now, an oceanfront inland waterfront complex is hitting the market Friday for $79 million, just two months after the area’s first $95 million listing.
The home, at 1040 S Ocean, is owned by LA manufacturing mogul/developer Jim Randall and his wife, Eleanor. This year, the Randalls and their Randall Family Foundation donated $100 million to that city’s Cedars-Sinai Medical Center.
In August, celebrity developer Joe Farrell’s new home construction in Manalapan listed for nearly nine figures.
The Randalls bought their property, which was built in 2018, for about $25.75 million in 2020.
The complex is spread over 2.1 hectares. The main house and guest house together contain eight bedrooms.
Design details include a great room in the main house along with a chef’s kitchen and a private primary bedroom wing. The landscaped and landscaped grounds — by landscape architects at Lang Design Group — include 200 feet of ocean and 200 feet of waterfront.
Outside, there’s also a pool, a new dock and a private boat slip. The back and open lawn can also host tented parties for more than 250 people.
The property is about 2 miles south of Eau Palm Beach Resort & Spa in Manalapan at 100 S Ocean Blvd., and about 7 miles from Mar-a-Lago. Billionaire Oracle founder Larry Ellison recently bought the Eau property for $277.4 million, according to reports.
Ellison is also a Manalapan resident, along with Billy Joel and Tony Robbins.
The listing broker for the $79 million property is Margit Brandt of Premier Estate Properties, which also has the $95 million listing.
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