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242 Wells Road, Palm Beach FL 33480

House Active With Contract
$23,500,000

BTC: 373.60890302

ETH: 13,897.10230633

-$3M (2026/03/04)
207 days
4 bds
6 ba
5,988 sqft

Overview

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 façade, 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.

Location

Details

Type:
Residential
Parking:
2 Or More Spaces / Driveway / Parking Garage / On Street
Year Built:
2006
Lot:
0.45 Acres
Heating:
Central / Zoned
Price/sqft:
$3,925
Cooling:
Ceiling Fan(s) / Central Air / Zoned
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,800,000
$1.6M – $4.0M
Confidence Low
List vs. estimate
$21.7M above estimate
List $23,500,000 · +1205.6%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$3,924
+768.0% vs. city median $452
Based on
5 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $5.5M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$169,506
2025
Pool
Heated
View
Garden, Pool
Garage
3 car garage
Furnished
Furnished,Furniture Only
Pets
Allowed
All facts and features
  • Flooring

    • Ceramic Floor

    • Marble

    • Wood

    Heating

    • Central

    • Zoned

    Cooling

    • Ceiling Fan(s)

    • Central Air

    • Zoned

    Appliances

    • Electric Water Heater

    • Dishwasher

    • Disposal

    • Dryer

    • Free-Standing Freezer

    • Ice Maker

    • Electric Range

    • Refrigerator

    • Self Cleaning Oven

    • Wall Oven

    • Washer

    Other interior features

    • Bar

    • Built-in Features

    • Closet Cabinetry

    • Cooking Island

    • Custom Mirrors

    • Elevator

    • Entrance Foyer

    • French Doors

    • Laundry Tub

    • Pantry

    • Roman Tub

    • Split Bedroom

    • Volume Ceilings

    • Wet Bar

    • Den/Library/Office

    • Family Room

    • Other

    • Storage

    • Utility Room/Laundry

    Bedrooms and bathrooms

    • Bedrooms: 4

    • Bathrooms: 1

    • Full bathrooms: 6

  • Parking

    • 2 Or More Spaces

    • Driveway

    • Parking Garage

    • On Street

    Property

    • Levels: 2

    • Pool Private: Yes

    • Exterior Features: East Of Us1 / Balcony / Open Balcony

    Lot

    • Lot: 0.45 Acres

    Other Property Information

    • Parcel Number: 50434314070000240

    • Zoning: R-B(ci

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Cable Connected

    • Natural Gas Connected

    • Sewer Connected

    • Water Connected

    • Cable Available

    • Natural Gas Available

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $169,506

  • Source details

    • MLS ID: R11129330

    Other facts

    • Construction Materials: CBS Construction

    • Laundry Features: Laundry Tub / Laundry Room / Utility Room/Laundry

    • Lot Features: 1/4 To Less Than 1/2 Acre Lot / East Of US 1 / Fenced

    • Patio And Porch Features: Open Balcony / Patio / Wrap Around

    • Pool Features: Heated / Pool Bath

    • Window Features: Complete Impact Glass

    • Direction Faces: North

    • Other Structures: Livable

    • Garage Spaces: 3

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 5988

    • Water Source: Public

    • Subdivision Name: ADAMS ADD IN

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: William Raveis Real Estate