Villa Banyan-Architects, historians, and Palm Beach Residents often refer to this residence as a ''Mediterranean Masterpiece'' and is truly a very livable work of art-Built in 1929 for Mr. and Mrs. NS Babbitt who named the house Villa Banyan after two magnificent old Banyan Trees which still stand tall today. Impeccably maintained and lovingly restored. This elegant Mediterranean Landmarked Estate offers the best of old and new. 5 BR-6.5BA make this a very manageable residence geared for today's active lifestyle
Sold for $30,000,000
$30,000,000
217 Clarke Ave, Palm Beach, FL 33480
5beds
7,524sqft
SingleFamily
Built in 1929
0.43 Acres Lot
$23,230,300 Zestimate®
$3,987/sqft
$112,118 Estimated rent
Home value
$23,230,300
$18.12M - $29.27M
$112,118/mo
Zestimate® history
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$207,088/mo
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List your homeWhat's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 7
- Full bathrooms: 6
- 1/2 bathrooms: 1
Heating
- Forced air, Electric, Gas
Cooling
- Central, Other
Appliances
- Included: Dishwasher, Dryer, Freezer, Garbage disposal, Range / Oven, Refrigerator, Trash compactor
Features
- Wet Bar, Kitchen Island, Pantry, Central Vacuum, Walk-In Closet(s), Built-in Shelves, Entrance Foyer, Bar, Garage Apartment, Ctdrl/Vault Ceilings, Cabana Bath
- Flooring: Hardwood
- Windows: Storm Window(s), Casement, Impact Glass, Hurricane Windows
- Has fireplace: Yes
- Fireplace features: Decorative, Fireplace(s)
Interior area
- Total interior livable area: 7,524 sqft
Property
Parking
- Parking features: Garage - Attached
Features
- Patio & porch: Covered Patio
- Exterior features: Stucco
- Pool features: In Ground, Heated, Private, Cabana, Pool Bath, Salt Chlorination
Lot
- Size: 0.43 Acres
- Features: Auto Sprinkler, 1/4 to 1/2 Acre, Zoned Sprinkler
Details
- Parcel number: 50434322040000550
- Zoning: R-B(ci
- Other equipment: Generator, Generator Whle House
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Mediterranean
Materials
- masonry
- Roof: Other
Condition
- Resale
- Year built: 1929
Utilities & green energy
- Utilities for property: Natural Gas Connected, Electricity Connected, Cable Connected
Community & HOA
Community
- Security: Fire Alarm, Smoke Detector(s), Security System Leased
Location
- Region: Palm Beach
Financial & listing details
- Price per square foot: $3,987/sqft
- Tax assessed value: $14,806,023
- Annual tax amount: $78,301
- Inclusions: Refrigerator, Smoke Detector, Dryer, Dishwasher, Disposal, Compactor, cooktop, freezer, Central Vacuum, Auto Garage Open, Generator Whle House, Range - Gas, Water Heater - Gas, Fire Alarm
Price history
| Date | Event | Price |
|---|---|---|
| 10/3/2025 | Sold | $30,000,000+125.6%$3,987/sqft |
Source: Public Record Report a problem | ||
| 5/6/2020 | Listing removed | $13,299,000$1,768/sqft |
Source: Douglas Elliman #19-2460 Report a problem | ||
| 1/8/2020 | Price change | $13,299,000-10.7%$1,768/sqft |
Source: Douglas Elliman #19-2460 Report a problem | ||
| 12/13/2019 | Listed for sale | $14,900,000+1169.9%$1,980/sqft |
Source: Douglas Elliman #RX-10585175 Report a problem | ||
| 4/24/2017 | Sold | $1,173,291-64.4%$156/sqft |
Source: Public Record Report a problem | ||
| 4/16/1998 | Sold | $3,300,000$439/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $78,301 +2.9% | $5,208,185 +2.9% |
| 2024 | $76,121 +2.2% | $5,061,404 +3% |
| 2023 | $74,504 -0.2% | $4,913,984 +3% |
| 2022 | $74,630 -1.7% | $4,770,858 +3% |
| 2021 | $75,947 -0.2% | $4,631,901 +1.4% |
| 2020 | $76,106 +0.6% | $4,567,950 +2.3% |
| 2019 | $75,668 | $4,465,249 +1.9% |
| 2018 | $75,668 +4.8% | $4,381,991 +2.1% |
| 2017 | $72,186 0% | $4,291,862 +2.1% |
| 2016 | $72,219 +0.6% | $4,203,587 +0.7% |
| 2015 | $71,789 -3.8% | $4,174,366 +0.8% |
| 2014 | $74,604 +2.1% | $4,141,236 +1.5% |
| 2013 | $73,090 +0.1% | $4,080,035 +1.7% |
| 2012 | $73,008 +0.6% | $4,011,834 +3% |
| 2011 | $72,537 +0.5% | $3,894,984 +1.5% |
| 2010 | $72,165 +6.5% | $3,837,424 +2.7% |
| 2009 | $67,779 +8% | $3,736,537 +0.1% |
| 2008 | $62,774 +3.4% | $3,732,804 +3% |
| 2007 | $60,705 -6.2% | $3,624,082 +2.5% |
| 2006 | $64,732 | $3,535,690 +3% |
| 2005 | -- | $3,432,709 +3% |
| 2004 | $36,051 +34564.7% | $3,332,727 +1.9% |
| 2003 | $104 -99.8% | $3,270,586 +2.4% |
| 2002 | $63,894 +0.3% | $3,193,932 +1.6% |
| 2001 | $63,735 +1.9% | $3,143,634 +3% |
| 2000 | $62,533 +2.4% | $3,052,072 +2.7% |
| 1999 | $61,057 | $2,971,833 |
Find assessor info on the county website
Neighborhood: 33480
Nearby homes
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Nearby schools
GreatSchools rating
- 8/10Palm Beach Public SchoolGrades: PK-5Distance: 0.3 mi
- 4/10Conniston Middle SchoolGrades: 6-8Distance: 2.6 mi
- 3/10Forest Hill Community High SchoolGrades: 9-12Distance: 4.3 mi
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Estimated market value
$23,230,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$23,230,300
- Florida
- Palm Beach County
- Palm Beach
- 33480
- 217 Clarke Ave