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223 Monterey Road, Palm Beach, FL 33480
Active
57 Days on Market
1 / 30
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All Listings

$11,995,000

223 Monterey Road

Palm Beach, FL 33480

GREGORY ADDN

Explore the area: Palm Beach homes for sale · Palm Beach County real estate

How this price compares

List price
$11,995,000
Price per sq ft
$2,998
Original price
$12,750,000
Days on market
57

This 4-bedroom single-family home in ZIP 33480 is listed at $11,995,000, or $2,998 per square foot. The asking price has come down 5.9% from its original $12,750,000. It has been on the market for 57 days.

4
Bedrooms
5
Bathrooms
4,001
Living Sq Ft
2025
Year Built

Estimated monthly payment

$63,039 /mo

Principal and interest only, based on $2,399,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

Customize this estimate

Listing Snapshot

Price
$11,995,000
Days on Site
57 Days
Bedrooms
4
Total Baths
5
Full Baths
4
Partial Baths
1
Living Area
4,001 sqft
Total Sq Ft
4,001 sqft
Lot Size
0.21 Acres
Year Built
2025
Property Type
Single Family
MLS #
B26064115
Property Tax
$114,760 (2025)
Subdivision
GREGORY ADDN
County
Palm Beach
Status
Active
Special Conditions
Standard

About This Property

Welcome to casual elegance at its finest on the North End of Palm Beach! This brand-new, custom-built masterpiece designed by Roger Janssen and interior decorated by Decorators Unlimited. This fully furnished home boasts high-end finishes and exquisite attention to detail throughout. Featuring high ceilings, designer lighting, and impeccable craftsmanship. The open-concept layout seamlessly connects the living, dining, and kitchen areas, creating the perfect space for entertaining guests or enjoying quiet family evenings. The gourmet kitchen features Wolf and Sub Zero appliances, custom cabinetry, and a large center island with quartz countertops. Whether you're preparing a casual breakfast or hosting a lavish dinner party, this kitchen is sure to impress. Retreat to the luxurious master suite, where you'll find a spacious bedroom, a spa-like ensuite bathroom, and a private balcony overlooking lush tropical landscaping. Additional bedrooms offer ample space for guests or family members, each appointed with their own en-suite bathrooms for ultimate comfort and convenience. Outside, the meticulously landscaped grounds provide a serene oasis for relaxation and enjoyment. Lounge by the sparkling pool, dine al fresco on the expansive patio, or take a short stroll to one of the best beaches on the Island. Residents of Monterey have access to a beautiful beach parcel for a nominal fee.

Virtual Tour

General Features

Property Type
Single Family
Status
Active
Year Built
2025
Property Condition
New Construction
New Construction
Yes
Number of Stories
2
Levels
Two
Garage Spaces
2
Attached Garage
Yes
Parking
Attached / Garage
Direction Faces
North
Lot Size (Acres)
0.21
Living Sq Ft
4,001
Total Sq Ft
4,001
Structure Type
House
Sewer
Public Sewer
Water Source
Public
Zoning
R-B (city)

Interior Features

Appliances
Dryer / Dishwasher / Free Standing Freezer / Ice Maker / Microwave / Washer
Cooling
Central Air
Heating
Central
Flooring
Marble / Wood
Interior Features
Bathtub / Kitchen Island / Pantry / Soaking Tub / Separate Shower
Main Level Bedrooms
1
Main Level Baths
2
Total Rooms
4
Furnished
Furnished

Exterior Features

Construction
CBS Concrete Block Structure / Block / Concrete
Roof
Tile
Architectural Style
Contemporary / Colonial
Private Pool
Yes
Lot Features
Less Than Quarter Acre
Waterfront Features
None

Community & HOA

Utilities
Sewer Available / Water Available
Pets Allowed
No Pet Restrictions / Yes
Financing Terms
Cash / Conventional
Restrictions
Ok To Lease / See Remarks
MLS Area
5001

Schools

Elementary School
Palm Beach Public
High School
Palm Beach Lakes
Homes for Sale
2
Median List Price
$11,447,500
Median $/Sq Ft
$2,851
Avg Days on Market
74
View all 2 homes for sale in Gregory Addn →
How do I schedule a tour of 223 Monterey Road, Palm Beach, FL 33480?
Use the Tour button on this listing to request a showing of 223 Monterey Road, Palm Beach, FL 33480. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 223 Monterey Road, Palm Beach, FL 33480 still available?
223 Monterey Road, Palm Beach, FL 33480 is currently listed as Active, and has been on the market 57 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 223 Monterey Road, Palm Beach, FL 33480?
With 20% down ($2,399,000) on the $11,995,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 223 Monterey Road, Palm Beach, FL 33480 is about $63,039/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 223 Monterey Road, Palm Beach, FL 33480?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 223 Monterey Road, Palm Beach, FL 33480. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
What schools serve 223 Monterey Road, Palm Beach, FL 33480?
223 Monterey Road, Palm Beach, FL 33480 is zoned for Palm Beach Public (elementary), Palm Beach Lakes (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 223 Monterey Road, Palm Beach, FL 33480?
Often, yes. The right offer on 223 Monterey Road, Palm Beach, FL 33480 depends on how it's priced against comparable single family sales in Palm Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Compass Florida LLC

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated August 30, 2026.

$11,995,000

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Listed by Michael Costello, Compass Florida LLC

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