The billionaire David Macneil and his wife Melissa have just closed in a batch of lake in Ocean in Manalapan, Florida by $ 55.5 million in cash, providing their total spending to $ 94 million dollars before the couple even begins to build their dream home there.
And the billionaire calls it agreement.
“Actually I think I have a bargain,” Macneil, founder and CEO of Weathertech, a car maker, told Gimme Shelter in an exclusive interview.
The terrain, which has structures in this regard, which will be demolished, is adjoining another lot that Macneil acquired for $ 38.5 million last year.
The property ranges from the intracoastal to the Atlantic. When the two lots are combined, the end result will be a compound of 3.6 hectares and 340 feet in the ocean.
“It is the second largest lot in Manalapan, and the only batch of Palm Beach with an intracoastal and oceanic facade is Mar-Alago, so it is very special,” said Macneil.
The $ 55.5 million batch seller to 1140 S. Ocean Blvd was the celebrity developer Joe Farrell, whose customers have included Madonna and Justin Bieber. The lot was also marketed for $ 95 million, which included a specific home not yet built, according to Gimme exclusively.
The marginal list runner Brandt, by Premier Estate Properties, also represented the seller.
Macneil tells Gimme that he is building a residence and a guest house in the massive place, and that the work has already begun with the construction of a sea wall.
“We are designing an incredibly functional and extraordinarily well -built, aesthetically pleasant house, which is elegant, not ostentatious,” said Macneil, who will move with his wife and three dogs, with a lot of space so that his adult children can visit. The current family housing base is Fort Lauderdale, where they recently sold a $ 40 million house.
The architect of the Manalapan compound is Holden + Lietzke, of Monterey, California; The builder is the local company RWB Construction Management, said Macneil.
“We are building a house, not a house, with an incredible and timeless design. We are very excited with previous plans,” said Macneil.
He added that the house will also have a great garage for its extensive collection of vehicles, which begins in the 1920’s and runs until this century.
Having a property in the Atlantic and the intracoastal was “extremely important because you get the ocean plus a boat on the intracoastal. It is the best of both worlds,” said Macneil. “We are receiving permits now and we are very excited to move on.”
It is estimated that it will take two and a half years to build.
Manalapan is only 10 kilometers south of Palm Beach and 9 kilometers north of Delray Beach, and is becoming the ideal destination for billionaires, as Gimme previously reported.
The billionaire Larry Ellison, co -founder of the Oracle software giant, owns the largest private residence in the area, which he bought for $ 173 million in 2022. He also owns the old Beachfront Eau Palm Beach Resort & Spa in Manalapan at 100 S. Ocean Blvd., who had asked a stratospheric $ 300 million.
Another local developer Stewart Satter has listed land and a house that has not yet built $ 285 million, an estate scheduled for an intracoastal ocean, at the site of a tears mansion he bought for $ 27.5 million last year. The 4 -acres package is one of the most expensive residential listings in the history of the United States.
Other Manalapan residents include Billy Joel, Tony Robbins and Farrell himself, who owned a house for two decades.
“Manalapan is undervalued,” Brandt said. “Where can you get this type of mass, multiple acres, oceanic stars to the lake, with direct access to the oceans, just in the sand without a road?
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