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242 Wells Road, Palm Beach, FL 33480
Sold
207 Days on Market
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$21,000,000

Sold · June 26, 2026

242 Wells Road

Palm Beach, FL 33480

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

What this home sold for

Sold price
$21,000,000
Vs. list price
10.6% under
Days on market
207
Price per sq ft
$3,507

This 4-bedroom single-family home in ZIP 33480 sold for $21,000,000 on June 26, 2026. That was 10.6% below its final list price of $23,500,000. It first came on the market at $26,500,000, so the price was adjusted before it sold. It spent 207 days on the market.

4
Bedrooms
7
Bathrooms
5,988
Living Sq Ft
2006
Year Built

Listing Snapshot

Sold Price
$21,000,000
Sold On
June 26, 2026
Days on Site
207 Days
Bedrooms
4
Total Baths
7
Full Baths
6
Partial Baths
1
Living Area
5,988 sqft
Total Sq Ft
7,460 sqft
Lot Size
0.45 Acres
Year Built
2006
Property Type
Single Family
MLS #
R11129330
Property Tax
$169,506 (2025)
Subdivision
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County
Palm Beach
Status
Sold
Special Conditions
Listed As Is

About This Property

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.

MLS media link

General Features

Property Type
Single Family
Status
Sold
Year Built
2006
Property Condition
Resale
Number of Stories
2
Levels
Two
Garage Spaces
3
Attached Garage
Yes
Parking
Attached / Driveway / Garage / Garage Door Opener / On Street
Direction Faces
North
Lot Size (Acres)
0.45
Living Sq Ft
5,988
Total Sq Ft
7,460
Sewer
Public Sewer
Water Source
Public
Zoning
R-B(ci

Interior Features

Appliances
Cooktop / Dryer / Dishwasher / Electric Range / Electric Water Heater / Free Standing Freezer / Disposal / Ice Maker / Oven / Refrigerator / Water Heater / Washer
Cooling
Central Air / Ceiling Fans / Zoned
Heating
Central / Zoned
Flooring
Ceramic Tile / Marble / Wood
Fireplace
Yes
Interior Features
Wet Bar / Breakfast Bar / Bidet / Built In Features / Breakfast Area / Bathtub / Closet Cabinetry / Central Vacuum / Dining Area / Separate Formal Dining Room / Entrance Foyer / Eat In Kitchen / Elevator / Garden Tub Roman Tub / High Ceilings / Kitchen Island / Custom Mirrors / Multiple En Suite Bathrooms / Pantry / Sitting Area In Primary / Split Bedrooms
Laundry
Inside / Laundry Closet / Laundry Tub
Main Level Bedrooms
0
Main Level Baths
1
Total Rooms
13
Furnished
Furnished

Exterior Features

Construction
Block
Roof
Slate
Exterior Features
Balcony / Lighting / Outdoor Living Area
Architectural Style
French Provincial
Private Pool
Yes
Pool Features
Heated / In Ground / Outside Bath Access
Patio & Porch
Covered / Open / Patio / Wrap Around / Balcony
Lot Features
Quarter To Half Acre Lot / Sprinklers Automatic / Sprinkler System
Waterfront Features
None
View
Garden / Pool

Community & HOA

Association Amenities
Sidewalks
Security
Security System Owned / Smoke Detectors
Utilities
Cable Available / Natural Gas Available / Sewer Available / Water Available
Pets Allowed
Yes
Financing Terms
Cash / Conventional
Restrictions
No Restrictions
MLS Area
5002

Schools

Elementary School
Palm Beach Public
High School
Palm Beach Lakes

Browse Palm Beach homes for sale across every neighborhood and price point in Palm Beach. Available homes span single-family, townhome, and condo segments throughout the city. Palm Beach includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Palm Beach, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Palm Beach market data, see Florida Realtors' monthly statistics. Browse the latest Palm Beach listings below. Then connect with a Pure Equity agent to schedule a private showing.

Homes for Sale
241
Under Contract
41
Median List Price
$2,850,000
Median Sale Price (September)
$2,706,000
Median $/Sq Ft
$1,642
Avg Days on Market
171
View all 241 homes for sale in Palm Beach →
How do I schedule a tour of 242 Wells Road, Palm Beach, FL 33480?
Use the Tour button on this listing to request a showing of 242 Wells 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 242 Wells Road, Palm Beach, FL 33480 still available?
242 Wells Road, Palm Beach, FL 33480 is currently listed as Sold, and has been on the market 207 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 242 Wells Road, Palm Beach, FL 33480?
With 20% down ($4,700,000) on the $23,500,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 242 Wells Road, Palm Beach, FL 33480 is about $123,503/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 242 Wells Road, Palm Beach, FL 33480?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 242 Wells 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 242 Wells Road, Palm Beach, FL 33480?
242 Wells 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 242 Wells Road, Palm Beach, FL 33480?
Often, yes. The right offer on 242 Wells 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 William Raveis Real Estate

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 July 1, 2026.

$21,000,000

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Listed by Paula Marie Wittmann, William Raveis Real Estate

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