$26,500,000

242 Wells Rd Palm Beach, FL 33480

North End Neighborhood

Estimated payment $153,107/month

Total Views 7,209
4 Beds
7 Baths
5,988 Sq Ft
$4,426 Price per Sq Ft

Highlights

  • Gas Heated Pool
  • Marble Flooring
  • Wine Refrigerator
  • Palm Beach Public School Rated A-
  • Lanai
  • No HOA

About This Home

This extraordinary estate at 242 Wells Road combines classic French Provincial architecture with timeless elegance, offering an unparalleled lifestyle on one of Palm Beach's most prestigious streets. This magnificent 7,460 total sq. ft. French Provincial masterpiece is nestled on a sprawling 19,500 sq. ft. lot in the heart of Palm Beach. This stately manor, with its steep-pitched slate roof, symmetrical facade, and stone surrounds, exudes Old World charm and impeccable craftsmanship. The home's architectural grandeur is enhanced by graceful balustrades and meticulously sculptured landscaping, creating a serene and sophisticated retreat. Step inside to find luxurious interiors adorned with gleaming hardwood and marble floors showcasing exceptional attention to detail. A grand staircase, a stunning centerpiece of the foyer, welcomes you with its sweeping elegance, complemented by a private elevator. The residence offers 4 spacious bedrooms, 6 beautifully appointed bathrooms, and one half bath, fully furnished for effortless move-in elegance. The crown jewel is the expansive primary suite, featuring an expansive balcony overlooking the breathtaking pool and lush, professionally curated gardens. This serene retreat includes his-and-hers walk-in closets, separate opulent bathrooms with high-end finishes, and an elegant sitting room, perfect for quiet relaxation or intimate gatherings. A generously appointed guest suite also boasts its own balcony, offering stunning views of the tranquil outdoor oasis. Entertain with unparalleled style in the formal dining room, ideal for grand gatherings, seamlessly connected to a large butler's pantry and wet bar equipped for effortless hosting. The eat-in kitchen, a chef's dream, blends modern functionality with classic design, featuring top-tier appliances and ample space for casual dining. A stately fireplace anchors the formal living room, while a refined library provides an ideal space for work or leisure. Step outside to the large wraparound loggia or the luxurious balconies off the primary and guest suites, all offering captivating views of the expansive pool and gardens. The estate is complete with a 3-car garage with ample storage.

Listing Agent

Paula Wittmann

William Raveis Real Estate License #3215722 Listed on: 10/03/2025

William Raveis Real Estate

Co-Listing Agent

Michelle Noga

William Raveis Real Estate License #SL-3295221

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $169,506

Year Built

  • Built in 2006

Lot Details

  • 0.45 Acre Lot
  • Home has North and South Exposure
  • Sprinkler System
  • Property is zoned R-B - Low Density Residential

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Slate Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 5,988 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Central Vacuum
  • Sound System
  • Ceiling Fan
  • Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Library
  • Storage

Kitchen

  • Eat-In Kitchen
  • Single Oven
  • Electric Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 7 Bathrooms
  • Bidet

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • High Impact Windows
  • Fire and Smoke Detector

Pool

  • Gas Heated Pool
  • Outdoor Pool

Outdoor Features

  • Balcony
  • Patio
  • Lanai

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Adams Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434314070000240

Home Details

Home Type

Single Family

Est. Annual Taxes

$169,506

Year Built

Built in 2006

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.45
  • Lot Size: 100
  • Subdivision Name: Adams Addition
  • Architectural Style: Other Style
  • Garage Yn: Yes
  • Year Built: 2006
  • Location Tax Legal:Zoned: R-B - Low Density Residential
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 169506.0
  • Location Tax Legal:Tax Year2: 2025
  • General Property Description:Living Area: 5988.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Security:Security System: Yes
  • General Property Description:Lot Dim (1): 100
  • Pool:Heated - Gas: Yes
  • Floors:Hardwood: Yes
  • Floors:Marble: Yes
  • WaterSewer:Sewer: Yes
  • Style:Two Story: Yes
  • Windows:Impact Glass - Full: Yes
  • Pets:Pets Allowed: Yes
  • General Property Description:Lot SqFt: 19500
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Exposure:North: Yes
  • Exposure:South: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Auto Garage Door Opener: Yes
  • Roof:Slate: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine, Freezer, Ice Maker, Range-Electric, Oven-Single, Microwave, Washer, Dryer
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Hardwood, Marble
  • Interior Amenities: Central Vacuum, Ceiling Fan(s), Bidet, Elevator, Fireplace, Sound System, Storage, Wet Bar, Pantry
  • Living Area: 5988.0
  • Window Features: Wndw Trmnts Included, Impact Glass-Full
  • Interior Features:Storage: Yes
  • Interior Features:Wndw Trmnts Included: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Pantry: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Elevator: Yes
  • Interior Features:Smoke Detectors: Yes
  • Appliances:Range - Electric: Yes
  • Interior Features:Ceiling Fan: Yes
  • Interior Features:Fireplace: Yes
  • Appliances:Oven-Single: Yes
  • Interior Features:Bidet: Yes
  • Interior Features:Wet Bar: Yes
  • Appliances:Central Vac System: Yes
  • Interior Features:Sound System: Yes

Exterior Features

  • Lot Features: 1/4 A - 21,779 SF
  • Pool Features: Pool, Fresh Water, Heated - Gas
  • Pool Private: Yes
  • Waterfront Features: No - Waterfront
  • Waterfront: No
  • Construction Type: Stucco, Block
  • Exterior Features: Balcony, Sprinkler System, Impact Windows
  • Patio And Porch Features: Patio/Lanai
  • Roof: Slate
  • Exterior Features:Balcony: Yes
  • Exterior Features:Sprinkler System: Yes
  • Exterior Features:Impact Windows: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Features: Attached, Door Opener
  • Garage: Yes

Utilities

  • Security: Smoke Detectors, Security System
  • Cooling: Multi Zone Air, Central Air
  • Cooling Y N: Yes
  • Heating: Central Heat, Multi Zone Heat
  • Heating Yn: Yes
  • Utilities: Cable Available, Sewer
  • Water Source: City Water

Lot Info

  • Land Lease Amount Frequency: No
  • Lot Size Sq Ft: 19500.0
  • Parcel #: 50434314070000240
  • Zoning: R-B - Low Density Residential

Tax Info

  • Tax Annual Amount: 169506.0
  • Tax Year: 2025

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $171,624 $8,730,094 -- --
2023 $160,133 $7,936,449 $0 $0
2022 $134,697 $7,214,954 $0 $0
2021 $108,915 $6,895,950 $4,806,450 $2,089,500
2020 $99,761 $5,962,772 $4,022,460 $1,940,312
2019 $100,073 $5,857,217 $3,910,725 $1,946,492
2018 $120,101 $7,282,166 $4,971,371 $2,310,795
2017 $113,865 $6,752,239 $4,041,765 $2,710,474
2016 $111,290 $6,460,423 $0 $0
2015 $112,703 $6,281,492 $0 $0
2014 $107,098 $5,892,400 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2025 10/03/25 For Sale $26,500,000 -- $4,426 / Sq Ft
Source: Palm Beach Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $3,575,000 --
Quit Claim Deed -- --
Quit Claim Deed -- --
Quit Claim Deed -- --
Personal Reps Deed -- --
Special Warranty Deed $2,875,000 --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,300,000 Purchase Money Mortgage
Previous Owner $2,300,000 Purchase Money Mortgage
Previous Owner $2,300,000 Purchase Money Mortgage
Source: Public Records

Source: Palm Beach Board of REALTORS®

MLS Number: 25-1423

APN: 50-43-43-14-07-000-0240

Florida Palm Beach County Palm Beach 33480 North End

242 Wells Rd, Palm Beach, FL

For Sale

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Paula Wittmann
Listing Agent
Paula Wittmann
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William Raveis Real Estate
(561) 816-4198