Prices in Manalapan, Fla. — between Palm Beach and Delray Beach — keep rising.
And now, an ocean-to-Intracoastal Waterway compound is hitting the market on 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 construction Manalapan home listed for nearly nine digits.
Jim and Eleanor Randall. Thomas Neerken
This Manalapan compound has it both ways — it is on the ocean and the Intracoastal Waterway. Shawn Hood Media
Great vertical height mixes with circular seating inside the mansion. Shawn Hood Media
Enjoy plenty of open living and dining spaces. Shawn Hood Media
The gracious home is large enough to host tented outdoor parties for hundreds of people. Shawn Hood Media
The light-filled kitchen inside the grand estate. Shawn Hood MediaThe Randalls bought their property, which was built in 2018, for around $25.75 million in 2020.
The compound sits on 2.1 acres. The main house and guest house together contain eight bedrooms.
Design details include a large great room in the main house along with a chef’s kitchen and a private primary bedroom wing. The manicured, lighted grounds — by landscape architects at Lang Design Group — include 200 feet on the ocean and 200 feet on the Intracoastal.
Just one of eight bedrooms inside the compound. Shawn Hood Media
A formal dining room comes with coveted views. Shawn Hood Media
Fancy a dip in the pool or the ocean? The choice is yours. Shawn Hood Media
The dock puts the setting in perspective. Shawn Hood Media
Palm trees and water views are just a few of the innumerable perks. Shawn Hood MediaOutside, there’s also a pool, a new dock and a private boat slip. The rear, open lawn can also hold tented parties for more than 250 people.
The property is around 2 miles south of the beachfront Eau Palm Beach Resort & Spa in Manalapan at 100 S Ocean Blvd., and around 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 of the $79 million estate is Margit Brandt of Premier Estate Properties, who also has the $95 million listing.
