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 construction Manalapan home 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 deck. 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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