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Estate Home in South Florida Hits Market at $139 Million, Most Expensive in U.S.

Estate Home in South Florida Hits Market at $139 Million, Most Expensive in U.S.

Residential News » North America Residential News Edition | By Michael Gerrity | September 5, 2014 9:37 AM ET



A French-inspired estate home currently under construction in Hillsboro Beach, Florida called Le Palais Royal has just been listed for sale at $139 million, making it the most expensive palace in the continental U.S. currently on the market.

The 60,500-square-foot palatial estate sits on over 4 acres and 465-feet of beachfront on Millionaires Mile. Le Palais Royal boasts a 492-foot private dock that can accommodate up to a 185-foot mega yacht, and an underground garage with parking for over 30 cars. Currently under the final phase of construction and slated for completion before the end of 2015, the price tag includes the finishing.

Listing agent William P.D. Pierce of Coldwell Banker Residential Real Estate tells World Property Channel, "Le Palais Royal is to be the most expensive listing on the market in America, and was designed to be fit for royalty and the upmost refined individual. It is a true extension of a life well-lived. This grand palace will be a landmark that rivals Europe's greatest palaces. A true masterpiece, it is adorned with custom detailing exclusive to its design and incomparable finishes."

A 13-foot, 22-carat gold-leaf gate and 26-foot entrance fountain transports visitors into a world of opulence and luxury. The magnificent fountain is just one of six waterfalls that adorn the exterior. The entryway features seamless double "day and night" custom-designed doors, one of bronze-encased glass and the other of solid mahogany inlayed with 22-carat gold leafing. The doors open beneath a $2 million marble staircase with steel-iron railing and gold leaf, which took craftsmen more than two years to construct. The grand entrance and lobby open up to the expansive Le Salon with mesmerizing panoramic views of the Atlantic Ocean.

This oceanfront palace features 11 bedrooms, 17 bathrooms and the first-ever IMAX Theater contracted for private use, featuring a 50 by 27-foot screen and seating for 18 with a bar and IMAX lounge. Other exceptional features include three master bedroom suites and one presidential master suite, each with a Jacuzzi overlooking the ocean or Intracoastal Waterway.  La Cuisine du chef will feature a La Cornue Grand Palais custom range and custom cabinetry made of solid mahogany accentuated with 22-carat gold leafing. The family room will feature a 1,300-gallon Living Color aquarium enclosed within custom cabinetry that will accommodate a high definition 3-D television.

This royal palace features a 4,500-square-foot infinity edge pool with a 12-foot cascading waterfall, double loop LED-lit waterslide, fire pit and swim-up bar for outdoor entertaining. The pool was designed with state-of-the-art technology including an automated temperature gauge sensor and triple sanitation system, which utilizes saline, chlorine and ultraviolet light. An outdoor Jacuzzi is positioned above a waterfall, and there is also a plunge pool off the master suite on the second floor of the exterior terrace. The courtyard also features an outdoor summer kitchen with a pizza oven, outdoor lounge for royal entertaining, and entrance to indoor spa massage rooms.

Designed and inspired by fashion dynast Joseph Leone and in-house architect Denio Madera Design, every detail, including the construction techniques and infrastructure, has been taken into account on this palatial project. A proprietary security system was custom-designed for the upmost protection of the property. Security guard accommodations have been built on property as well as an air-conditioned kennel for on-site guard dogs. Le Palais Royal also features complete and sophisticated soundproofing from the slab to marble, including all flooring, plumbing and air conditioning to ensure a quiet tranquility throughout. For seamless maintenance, the property utilizes unique software that digitally documents every step and every square inch of the construction through photography and video.


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