$22,500,000
Sold · September 24, 2026
2989 Spanish River Road
Boca Raton, FL 33432
Explore the area: Boca Raton homes for sale · Palm Beach County real estate
Sale Summary
What this home sold for
- Sold price
- $22,500,000
- Vs. list price
- 10% under
- Days on market
- 172
- Price per sq ft
- $1,866
This 6-bedroom single-family home in Spanish River Land sold for $22,500,000 on September 24, 2026. That was 10% below its final list price of $24,995,000. It first came on the market at $27,500,000, so the price was adjusted before it sold. It spent 172 days on the market. At $1,866 per square foot, it closed 87.9% above the $993 median of the 5 other single-family home sales in the recent closings shown below.
Listing Snapshot
- Sold Price
- $22,500,000
- Sold On
- September 24, 2026
- Days on Site
- 172 Days
- Bedrooms
- 6
- Total Baths
- 13
- Full Baths
- 9
- Partial Baths
- 4
- Living Area
- 12,055 sqft
- Total Sq Ft
- 17,447 sqft
- Lot Size
- 0.69 Acres
- Year Built
- 2002
- Property Type
- Single Family
- MLS #
- R11146112
- Property Tax
- $208,659 (2025)
- Subdivision
- SPANISH RIVER LAND
- County
- Palm Beach
- Status
- Sold
About This Property
Rarely does an estate of this scale and distinction become available. Positioned on one of the largest Intracoastal lots in Boca Raton's prestigious Estate Section, this fully reimagined waterfront home offers 200 feet of frontage and showcases uncompromising quality, with exceptional materials and finishes selected throughout. Behind private gates, this expansive compound offers more than 12,000 square feet of refined interiors and over 17,000 total square feet across eight bedrooms, thoughtfully arranged between the main residence and a separate guest home. The layout is exceptional: the main residence features six beautifully appointed bedrooms, while the guest home includes two additional bedrooms, a full kitchen, a spacious living room, its own private entrance, and even an additiona 1-car garage dedicated to this suite a rare feature that enhances convenience, privacy, and long-term flexibility for guests, staff, or multigenerational living. A dramatic double-height clubroom serves as the architectural centerpiece, seamlessly connecting the main residence to the guest home. With soaring volume, natural light, and gallery-like presence, this grand space allows the property to function as one cohesive estate or as two private living environments depending on preference. At the heart of the home, a waterfront executive office captures serene Intracoastal views and includes a sophisticated adjacent lounge, creating a private, elevated environment ideal for work, meetings, relaxation, or quiet retreat. This wing stands out as one of the home's signature spacespairing functionality with an intimate, luxury atmosphere. From the moment you enter the grounds, the scale of the transformation becomes clear. The exterior has been completely elevated with a full repaint, a brand-new roof including all flat sections, and enhancements to the sea wall. The entire property has been upgraded with pet-friendly turf, lush new landscaping, mature trees, vibrant flower beds, layered plantings, and a serene Zen garden accented by sculptural rock elements. Landscape lighting illuminates every contour of the grounds and trees, while updated sconces, downlighting, and outdoor ceiling fans create a warm, inviting ambiance from sunrise to sunset. Both the main and guest house gates now feature upgraded motors and modernized controls, complementing major mechanical upgrades that include a new whole-home generator with transfer switch, new exterior electrical panels, and a comprehensive outdoor security and sound system. Designed for boating enthusiasts, the waterfront has been dramatically enhanced with a brand-new 200-foot dock and a 24,000-pound boat lift. The pool and spa area has also been elevated with new pool and spa tile, new coping, and upgraded equipment with full smart controls. Outdoor furniture features updated surfaces and all-new cushions, creating a polished, resort-style lounge environment ideal for entertaining or enjoying sunset views along the Intracoastal. Inside, both the main residence and guest home have undergone a sweeping transformation. New wooden and tile flooring, freshly painted rooms and trim, modern lighting, and a curated interior palette give the home a crisp, sophisticated aesthetic. Significant mechanical improvements include the replacement of ten of the twelve A/C units and handlers, installation of new wireless routers, and a fully integrated Control4 smart home system managing lighting, audio, video, security, thermostats, gates, and garage doors. Every switch, outlet, and wall covering has been replaced, and all in-ceiling lighting has been transitioned to high-efficiency LEDs. The main kitchen, redesigned by NEF Designs, showcases bespoke cabinetry, newly crafted counters, upgraded lighting, and premium Sub-Zero and Wolf appliancesincluding four additional refrigeration drawers. Two newly built, temperature-controlled wine roomsone featuring a lounge seating areaadd architectural drama and serve as sophisticated spaces for entertaining or showcasing curated collections. The bathrooms throughout the estate have been updated with new or modernized vanities and sleek plumbing fixtures, bringing a fresh, elevated feel to every room. The five-car garage servicing the main home has been enhanced with new cabinetry, improved surfaces, and new motors on all doors, further complemented by the additional 1-car garage at the guest home, bringing the total to six garages across the estate. Additional upgrades include new dining room windows and updated custom shade systems throughout, tying the interiors together with a polished, unified aesthetic. With its comprehensive transformation, thoughtful layout, fully furnished interiors, state-of-the-art smart home technology, resort-style outdoor living, and premier Intracoastal presence, this estate stands as one of Boca Raton's most exceptional turnkey opportunities. Every detail has been curated to deliver an effortless, elevated lifestylemaking this waterfront compound a true modern masterpiece.
Virtual TourGeneral Features
- Property Type
- Single Family
- Status
- Sold
- Year Built
- 2002
- Property Condition
- Resale
- Number of Stories
- 2
- Levels
- Multi Split / Two
- Garage Spaces
- 5
- Attached Garage
- Yes
- Parking
- Attached / Garage / Garage Door Opener
- Direction Faces
- East
- Lot Size (Acres)
- 0.69
- Living Sq Ft
- 12,055
- Total Sq Ft
- 17,447
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- R1A(ci
Interior Features
- Appliances
- Dryer / Dishwasher / Free Standing Freezer
- Cooling
- Central Air / Zoned
- Heating
- Central / Heat Pump / Zoned
- Flooring
- Marble / Wood
- Fireplace
- Yes
- Spa
- Yes
- Spa Features
- In Ground
- Interior Features
- Bidet / Built In Features / Breakfast Area / Bathtub / Closet Cabinetry / Cathedral Ceilings / Dining Area / Separate Formal Dining Room / Dual Sinks / Entrance Foyer / Elevator / High Ceilings / Kitchen Island / Multiple En Suite Bathrooms / Pantry / Sitting Area In Primary / Split Bedrooms / Soaking Tub / Separate Shower / Upper Level Primary / Vaulted Ceilings
- Laundry
- Inside
- Windows
- Plantation Shutters / Skylights
- Main Level Bedrooms
- 1
- Main Level Baths
- 5
Exterior Features
- Construction
- Block / Concrete
- Roof
- Flat
- Exterior Features
- Balcony / Outdoor Living Area
- Architectural Style
- Georgian
- Private Pool
- Yes
- Pool Features
- Heated / In Ground / Outside Bath Access
- Patio & Porch
- Covered / Patio / Porch / Balcony
- Lot Features
- Sprinklers Automatic
- Waterfront
- Yes
- Waterfront Features
- Intracoastal Access / No Fixed Bridges / Ocean Access / Seawall
- View
- Intercoastal / Pool
Community & HOA
- Association Amenities
- None
- Security
- Security System / Gated Community
- Utilities
- Sewer Available / Water Available
- Pets Allowed
- No Pet Restrictions / Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- No Restrictions
- MLS Area
- 4170
Schools
- Elementary School
- Boca Raton
- Middle School
- Boca Raton Community
- High School
- Boca Raton
About the Community
Spanish River Land is a luxury community in Boca Raton, Palm Beach County, Florida. Properties are priced from $3,000,000 to $25,000,000. Pure Equity lists homes in Spanish River Land and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 4
- Median List Price
- $7,995,000
- Median $/Sq Ft
- $1,129
- Avg Days on Market
- 79
Frequently Asked Questions
- How do I schedule a tour of 2989 Spanish River Road, Boca Raton, FL 33432?
- Use the Tour button on this listing to request a showing of 2989 Spanish River Road, Boca Raton, FL 33432. 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 2989 Spanish River Road, Boca Raton, FL 33432 still available?
- 2989 Spanish River Road, Boca Raton, FL 33432 is currently listed as Sold, and has been on the market 172 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 2989 Spanish River Road, Boca Raton, FL 33432?
- With 20% down ($4,999,000) on the $24,995,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 2989 Spanish River Road, Boca Raton, FL 33432 is about $131,359/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 2989 Spanish River Road, Boca Raton, FL 33432?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 2989 Spanish River Road, Boca Raton, FL 33432. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 2989 Spanish River Road, Boca Raton, FL 33432?
- 2989 Spanish River Road, Boca Raton, FL 33432 is zoned for Boca Raton (elementary), Boca Raton Community (middle), Boca Raton (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 2989 Spanish River Road, Boca Raton, FL 33432?
- Often, yes. The right offer on 2989 Spanish River Road, Boca Raton, FL 33432 depends on how it's priced against comparable single family sales in Boca Raton, 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 Serhant
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.
$22,500,000
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Listed by Nicholas M Gonzalez, Serhant
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Recent Sales
Recently sold homes in Spanish River Land
These are the last 6 recorded closings in Spanish River Land, with the price each home actually sold for rather than what it was listed at. They closed at a median of $1,062 per square foot. The most recent closed on September 25, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$5,100,000
Sold · September 25, 2026
3097-3095 Banyan Road
4 bed · 4.5 bath · 2,986 sqft · $1,708/sqft
$2,105,000 over the asking price
Sold$2,900,000
Sold · September 10, 2026
850 Via Cabana Drive
3 bed · 3 bath · 2,920 sqft · $993/sqft
$350,000 under the asking price
Sold$4,150,000
Sold · September 2, 2026
1098 Spanish River Road
4 bed · 5 bath · 4,289 sqft · $968/sqft
$99,000 under the asking price
Sold$2,075,000
Sold · July 30, 2026
899 S Granada Drive
3 bed · 2.5 bath · 1,954 sqft · $1,062/sqft
$124,000 under the asking price
Sold$3,200,000
Sold · July 21, 2026
1298 Spanish River Road
4 bed · 4 bath · 2,929 sqft · $1,093/sqft
Sold$2,800,000
Sold · July 10, 2026
2401 Banyan Road
5 bed · 5 bath · 3,568 sqft · $785/sqft
$195,000 under the asking price
See every recorded sale in Spanish River Land or find out what your Spanish River Land home is worth.
