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500 Regents Park Road, Palm Beach, FL 33480

$40,000,000
Property Type: Residential Bedrooms: 6 Baths: 5.2 Square Footage: 6,488 Status: Active
Current Price: $40,000,000 Last Modified: 5/13/2024

Description

Chance-of-a-lifetime to acquire rarified lakefront estate home rebuilt, perched high above sweeping water views! Iconic pedigreed property made new! Clarence Mack Palm Beach Regency treasure, preserved, redefined, now under renovation. Elevated at 9' elevation. New slab foundation w/141 helical piles, 1,600-ton fill. Structure meets 170 MPH code. The legacy continues! Waterfront Regents Hall is the centerpiece crown jewel of the Regents Park enclave. Steps from Mar-a-Lago and B&T clubs. This sophisticated residence echoes clean lines, stately design, simplified elegance. Sense of tradition and symmetry. Overlooks audubon preserve, dock permitted. Billionaire's Row, minutes to PBIA private aviation. Window of opportunity to step into acclaimed project to individualize interior spaces.

Supplements: Welcome to "new" Regents Hall. A star is reborn. Discover luxury Palm Beach waterfront living at its best. The home's renascence is well underway. The heavy lifting is done, now the fun part begins. Introducing the restoration of this classic historic home of significance, being made newly pristine, while retaining its innate distinctive character and defining features. Timeless architecture at 6,488 sq feet of living area w/plans for 6 bedrooms, 5 baths, 3 half-baths. Exclusive Palm Beach waterfront address of distinction. A serene oasis sanctuary that exudes true Palm Beach style. Location, location, location! Minimal upkeep for the seasonal Palm Beacher. This unforgettable eye-catching Regency sets the new standard. Projected 2024 completion date w/accelerated finishing point possible for this architectural gem of Palm Beach's storied past, a status landmark home re-created to new heights. Restoration by Ballinger-Award winning Architect Jacqueline Albarran; renowned Landscape Architect Mario Nievera; prominent GC/Builder Kyle H. Papke, PBB Construction. Complete interior YOUR way with your designer! This architectural trophy property is on track to fully embrace today's contemporary luxuries and lifestyle. The completion of Regents Hall may tile toward curated embellishments or masterful simplicity. With elegance from another era, Regents Hall anchors the renowned Palm Beach Historic District of five Clarence Mack definitive Regency estate homes. The recognizable style is characterized by 12' ceilings and tall windows, bringing in extraordinary light and grand lake views. The prominent cul-de-sac neighborhood features adjacent properties with the similar hallmarks of harmony and proportion. With an homage to namesake Regent's Park in London, a Royal Park under the Crown, this Regency's structural design harkens back to classical forms and details of Greek and Roman architecture. The celebrated Regency style is associated with dignified clean lines, symmetrical stucco façades, classical moldings, columns, pediments, porticos, arches accented with keystones and roofline statues. Regents Hall's renovation in-progress work includes the new underground pilings, rather than standard footings that can settle over time, hurricane-rated windows, new electrical and plumbing and HVAC systems, new pool and deck and landscaping, higher seawall, new roof with energy-efficient solar panels. Generator approved. This distinguished property, has a long history and tales to tell. It's been featured in the Daily Mail, Mansion Global, London's Daily Telegraph, Bloomberg Business, The Wall Street Journal, The Palm Beach Daily News, The Real Deal, New York Social Diary/Palm Beach Social Diary: Road Trip--Billionaires Row Part II, and was mentioned in the book Madness Under the Royal Palms: Love and Death Behind the Gates of Palm Beach. Opportunity to reestablish the home's onetime classical interior columns, hardwood flooring, decorative moldings, marble fireplace and marble-appointed baths. Or bring to life an entirely brand-new contemporary aesthetic. Regents Hall sits in the exquisite Estate Section of Palm Beach ("Billionaire's Row"), it's the southernmost part of Palm Beach Island that extends from Worth Avenue to Sloan's Curve. This area of town has long attracted international society figures, aristocrats, politicians, film stars, musicians, entrepreneurs and titans of industry. The current floorplan of spaciously proportioned rooms, including an in-house-under-roof staff or guest apartment, can be curated to suit individual needs and tastes. The complete history of Regents Hall is available under separate cover. Prepare to be captivated.

More Information MLS# RX-10917379

Contract Information

Listing Date: 2023-09-04 Status: Active Original List Price: 40000000 Auction: No List Price: $40,000,000 Current Price: $40,000,000 List Price/SqFt: 6165.23 Comm/Non-Rep: 1% Comm/Buyer Agent: 2.5% Comm/Trans Brk: 2.5%

General Property Description

Type: Single Family Detached Governing Bodies: None Main Level Bedrooms: 3 Total Bedrooms: 6 Main Level Bathrooms: 2 Baths - Full: 5 Baths - Half: 2 Baths - Total: 5.2 Property Condition: Under Construction Projected Completion Date: 2024-09-02 Builder Lot/Unit #: 30 Community Development District: No Year Built: 1959 SqFt - Total: 7822 SqFt - Living: 6488 SqFt Source: Other Gated Community: No Garage Spaces: 2 Covered Spaces: 2 Open Parking Spaces: 2 Homeowners Assoc: None Association Deposit: No Membership Fee Required: No Directions: Ocean Blvd. to Regents Park Road, entry pillars (just south of Mar-a-Lag) and the Bath & Tennis Club), at end of street. Subdivision: REGENTS PARK Development Name: Regents Park Legal Desc: REGENTS PARK LT 3 Lot SqFt: 21328 Lot Dimensions: 101.0 ft x 155.0 ft Waterfront: Yes Front Exp: East Private Pool: No Pets Allowed: Yes Pets on Premises: No Total Floors/Stories: 2

Location, Tax & Legal

Area: 5003 Geo Area: PB30 Country: United States County: Palm Beach Parcel ID: 50434335070000030 Street #: 500 Street Name: Regents Park Street Suffix: Road State/Province: FL Zip Code: 33480 Zoning: R-AA(c Tax Year: 2022 Taxes: 97852.6 Special Assessment: No Short Sale: No Short Sale A/U: N/A Short Sale Addendum: No REO: No HOPA: No Hopa Geo Lat: 26.674518 Geo Lon: -80.039336

Office/Member Info

DXORIGMLNO: RX-10917379 DXORIGMLSID: RML

Storm Protection

Impact Glass: Complete

Property Features

Design: < 4 Floors Construction: Block; CBS; Concrete View: Garden; Intracoastal; Lake Waterfront Details: Intracoastal; Lake Lot Description: East of US-1; 1/4 to 1/2 Acre; Cul-De-Sac; Paved Road; Private Road Exterior Features: Auto Sprinkler; Fruit Tree(s) Interior Features: Built-in Shelves; Fireplace(s); Foyer; Pantry; Sky Light(s); Upstairs Living Area Master Bedroom/Bath: Mstr Bdrm - Ground Furnished: Unfurnished Rooms: Laundry-Util/Closet; Maid/In-Law Parking: 2+ Spaces; Garage - Attached; Vehicle Restrictions Subdiv. Amenities: Beach Access by Easement Restrict: Commercial Vehicles Prohibited; Historic Designation; None Flooring: Other Heating: Central; Zoned Cooling: Central Equip/Appl Included: Dishwasher; Dryer; Microwave; Range - Electric; Washer Dining Area: Formal Roof: Tar/Gravel Terms Considered: Cash Utilities: Electric; Gas Natural; Public Sewer; Public Water; Water Available Taxes: City/County Possession: At Closing Showing Instructions: Text Listing Agent

Room Information

Living Room Length: 31.00 Width: 21.00 Length: 31.00 Level: Main Width: 21.00 Kitchen Length: 21.00 Width: 15.00 Length: 21.00 Level: Main Width: 15.00 Master Bedroom Length: 23.30 Width: 19.00 Length: 23.30 Level: Main Width: 19.00 Dining Room Length: 23.30 Width: 17.00 Length: 23.30 Level: Main Width: 17.00 Bedroom 2 Length: 17.00 Width: 17.00 Length: 17.00 Level: Main Width: 17.00 Bedroom 3 Length: 17.40 Width: 16.80 Length: 17.40 Level: Main Width: 16.80 Bedroom 4 Length: 11.80 Width: 11.30 Length: 11.80 Level: Upper Width: 11.30 Bedroom 5 Length: 11.30 Width: 11.80 Length: 11.30 Level: Main Width: 11.80 Den Length: 13.60 Width: 8.40 Length: 13.60 Level: Upper Width: 8.40 Remarks: Studio Other Room Length: 11.00 Width: 9.00 Length: 11.00 Level: Upper Width: 9.00 Remarks: Bedroom 6 staff/guest apartment Other Room Length: 11.00 Width: 9.00 Length: 11.00 Level: Upper Width: 9.00 Remarks: Bedroom 7 staff/guest apartment Other Room Length: 11.00 Width: 9.00 Length: 11.00 Level: Main Width: 9.00 Remarks: Foyer Other Room Length: 14.10 Width: 13.00 Length: 14.10 Level: Main Width: 13.00 Remarks: Main Hall Other Room Length: 31.00 Width: 17.00 Length: 31.00 Level: Main Width: 17.00 Remarks: Loggia Other Room Length: 33.00 Width: 16.00 Length: 33.00 Level: Main Width: 16.00 Remarks: Covered Terrace Other Room Length: 15.30 Width: 15.00 Length: 15.30 Level: Main Width: 15.00 Remarks: Sitting Room Den Length: 12.00 Width: 9.40 Length: 12.00 Level: Main Width: 9.40 Remarks: Den/Study
Listing Office: Waterfront Properties & Club C
Last Updated: May - 13 - 2024
500 Regents Park Road, Palm Beach, FL 33480- MLS# RX-10917379
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