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Sold for $12,500,000
    • $12,500,000

    250 Algoma Rd, Palm Beach, FL 33480

    6beds
    5,213sqft
    Single Family Residence, Residential
    Built in 1938
    0.42 Acres Lot
    $12,595,500 Zestimate®
    $2,398/sqft
    $-- Estimated rent

    Home value

    $12,595,500

    $11.34M - $13.98M

    Not available

    Zestimate® history
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    What's special

    This extraordinary estate has been meticulously renovated over the past four years with no detail overlooked. The property features a band-new roof, completely rebuilt exterior walls, and all-new impact glass throughout, seamlessly blending modern resilience with timeless elegance. The grounds have been entirely reimagined with lush, professionally designed landscaping, creating a private and serene oasis. The interiors were masterfully designed be renowned New York design firm Brockschmidt & Coleman, showcasing refined craftsmanship and sophisticated finishes at every turn. Originally envisioned by celebrated architect Maurice Fatio, with the guest house designed by distinguished architect John Volk, this residence represents a rare collaboration of architectural pedigree and contemporary luxury.

    Zillow last checked:

    Listing updated:

    Listed by:

    JAMES UPHAM CLARKE 561-313-6594,

    Illustrated Properties LLC

    Bought with:

    NON MEMBER

    NON MEMBER FIRM

    Source: Palm Beach BOR,MLS#: 25-1675

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 7
    • Full bathrooms: 6
    • 1/2 bathrooms: 1
    Heating
    • Central, Zoned
    Cooling
    • Central Air, Zoned
    Appliances
    • Included: Refrigerator, Gas Range, Dishwasher, Disposal, Washer, Dryer, Ice Maker, Double Oven
    Features
    • Sound System, Wet Bar, Storage, Pantry
    • Flooring: Marble, Hardwood
    • Windows: Awning, Impact Glass, Impact Glass-Full, Storm Shutters, Impact Windows
    • Has fireplace: Yes
    • Fireplace features: Fireplace
    Interior area
    • Total structure area: 5,893
    • Total interior livable area: 5,213 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached, Garage Door Opener, Toilet in Garage
    • Garage spaces: 2
    Features
    • Levels: Two
    • Exterior features: Built-in Barbecue
    • Has private pool: Yes
    • Pool features: Gas Heat, Fresh Water
    • Waterfront features: None, Ocean Access
    Lot
    • Size: 0.42 Acres
    • Dimensions: 135
    Details
    • Additional structures: Guest House
    • Parcel number: 50434335000020340
    • Zoning: RA

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Colonial,Traditional
    • Property subtype: Single Family Residence, Residential
    Materials
    • Frame, Concrete
    • Roof: Asphalt
    Condition
    • Year built: 1938

    Utilities & green energy

    • Water: Public
    • Utilities for property: Cable Available

    Community & HOA

    Community
    • Security: Smoke Detector(s), Security System
    Location
    • Region: Palm Beach

    Financial & listing details

    • Price per square foot: $2,398/sqft
    • Tax assessed value: $14,780,934
    • Annual tax amount: $211,219
    • Date on market: 4/17/2026
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    8/19/2026Sold$12,500,000-1.6%$2,398/sqft
    Source: Palm Beach BOR #25-1675 Report a problem
    8/3/2026Pending sale$12,700,000$2,436/sqft
    Source: Palm Beach BOR #25-1675 Report a problem
    6/25/2026Price change$12,700,000-5.9%$2,436/sqft
    Source: BeachesMLS #R11139487 Report a problem
    5/20/2026Price change$13,495,000-2.9%$2,589/sqft
    Source: Palm Beach BOR #25-1675 Report a problem
    4/17/2026Price change$13,900,000-5.4%$2,666/sqft
    Source: Palm Beach BOR #25-1675 Report a problem
    4/9/2026Pending sale$14,700,000$2,820/sqft
    Source: Palm Beach BOR #25-1675 Report a problem
    2/23/2026Price change$14,700,000-5.2%$2,820/sqft
    Source: BeachesMLS #RX-11139487 Report a problem
    11/10/2025Listed for sale$15,500,000+203.9%$2,973/sqft
    Source: BeachesMLS #RX-11139487 Report a problem
    9/30/2020Sold$5,100,000-7.2%$978/sqft
    Source: Palm Beach BOR #20-171 Report a problem
    3/20/2020Listing removed$5,495,000$1,054/sqft
    Source: Korman Realty LLC #RX-10586842 Report a problem
    12/21/2019Listed for sale$5,495,000-4.4%$1,054/sqft
    Source: Korman Realty LLC #RX-10586842 Report a problem
    11/20/2019Listing removed$5,750,000$1,103/sqft
    Source: Korman Realty LLC #RX-10533744 Report a problem
    10/25/2019Price change$5,750,000-11.5%$1,103/sqft
    Source: Korman Realty LLC #RX-10533744 Report a problem
    5/27/2019Listed for sale$6,500,000+400%$1,247/sqft
    Source: Korman Realty LLC #RX-10533744 Report a problem
    3/9/1998Sold$1,300,000$249/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$211,219 +94.9%$14,780,934 +135.5%
    2024$108,370 +11.6%$6,275,663 +10%
    2023$97,133 +4.2%$5,705,148 +10%
    2022$93,175 +19.3%$5,186,498 +10%
    2021$78,112 -6.3%$4,714,998 -4.9%
    2020$83,380 +173.7%$4,959,092 +181.6%
    2019$30,469 $1,760,769 +1.9%
    2018$30,469 +4.7%$1,727,938 +2.1%
    2017$29,108 +0.1%$1,692,398 +2.1%
    2016$29,093 +3.3%$1,657,589 +0.7%
    2015$28,167 -3.7%$1,646,067 +0.8%
    2014$29,265 +2.1%$1,633,003 +1.5%
    2013$28,669 +0.1%$1,608,870 +1.7%
    2012$28,631 +0.7%$1,581,976 +3%
    2011$28,438 +0.6%$1,535,899 +1.5%
    2010$28,272 +6.5%$1,513,201 +2.7%
    2009$26,545 +11.9%$1,473,419 +3.8%
    2007$23,722 -6.2%$1,419,366 +2.5%
    2006$25,278 $1,384,747 +3%
    2005-- $1,344,415 +3%
    2004$13,954 +6608.5%$1,305,257 +1.9%
    2003$208 -99.2%$1,280,920 +2.4%
    2002$24,885 +0.3%$1,250,898 +1.6%
    2001$24,820 +1.9%$1,231,199 +3%
    2000$24,346 +3.2%$1,195,339 +2.7%
    1999$23,598 $1,163,913
    Find assessor info on the county website

    Neighborhood: 33480

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    Estimated market value
    $12,595,500
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    Estimated market value
    $12,595,500

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