‘Masterfully Built’ Palm Beach Megamansion Has Price Slashed by $12.9 Million—but Still Rockets to Top of Most Expensive Homes List

A waterfront mansion on Florida's tony Palm Beach has just returned to the market for $65 million—having undergone a staggering $12.9 million price cut.

Remarkably, despite the significant reduction in price, the “masterfully built” property has still managed to shoot to the top of the week’s most expensive homes list, eclipsing the nearest competitor by $6 million.

The nearly 1-acre property last traded hands in 2019 when it is said to have sold for $25.5 million to a land trust tied to attorney Joel Koeppel.

Built in 2018, the six-bedroom "trophy estate" boasts a sun-soaked living room with Atlantic Ocean views, a dining room designed for grand-scale entertaining, and a primary suite with terrace providing Intracoastal views.

Over-the-top amenities include a staff kitchen, private elevator, fitness center, separate guest suites, a covered loggia, and boat dock.

Other jaw-dropping estates to make this week's most expensive list include a 776-acre ranch in Texas, a contemporary in Virginia with Potomac River views, and an Aspen, CO, mountain retreat.

10. 771 Garden Ln, Montecito, CA

Price: $34,900,000

Riven Rock enclave: This English country manor built in 1999 was once owned by actor Rob Lowe and his wife, Sheryl Lowe.

The seven-bedroom estate sold last year for $28.4 million. Found throughout the 11,170-square-foot interior are a gourmet kitchen, a secondary "culinary arts" kitchen, and a primary suite with 1,220-square-foot, boutique-inspired closet.

Located on 5.56 acres, the sprawling property with citrus orchards and gardens also has two one-bedroom guest homes, an in-ground pool with cabana, a subterranean eight-car auto gallery, and a two-bay chauffeur's garage with private offices.

9. 1851 N Stanley Ave, Los Angeles, CA

Price: $36,800,000

White Lotus House: This six-bedroom, "architectural modern paradise" with private speakeasy nightclub has returned to the market after debuting in March 2025 for $35 million.

After seven years of construction where "the only budget was there was no budget," the three-story mansion with Asian influences was finally complete in 2023. Bespoke fixtures found throughout the 13,000-square-foot ornate space include travertine floors, marble countertops, a safari-inspired library, and a double-sided fireplace.

Perched on a promontory overlooking the Sunset Strip, the lot also has a swimming pool, hot tub, and sundeck offering breathtaking views spanning from downtown Los Angeles to the Pacific Ocean.

8. 3067 Ranch Road 1888, Blanco, TX

Price: $37,000,000

Falls Ranch: This 776-acre legacy property in Texas Hill Country boasts a custom five-bedroom home, a mile of Blanco River frontage, several ponds, and free-ranging wildlife.

Built in 2019, the 4,367-square-foot estate has an updated kitchen with high-end appliances, a living room with exposed beams and a wood-burning fireplace, and a primary suite with soaking tub and access to a private terrace. A covered patio overlooks the in-ground pool, hot tub, and sun deck.

There is also a hunting cabin that could be transformed into a guesthouse or staff quarters.

7. 703 Potomac Knolls Dr, McLean, VA

Price: $39,000,000

To be built: This six-bedroom contemporary on the Potomac River will feature an enormous 28,000 square feet of opulent space when complete.

The riverfront estate will also have a 1,300-square-foot primary suite with private terrace and elevator access that leads to a dedicated garage. Designed for entertaining, the luxurious interior includes a 20-seat theater, numerous family rooms, a two-story library, dual offices, and a wellness sanctuary with fitness center and steam room.

Also found on the 2.44-acre estate will be an infinity pool, separate guest and staff accommodations, and a 17-car garage.

6. 540 Leucadendra Dr, Coral Gables, FL

Price: $39,490,000

Gables Estates enclave: This 12,292-square-foot waterfront estate with deep-water dock was designed by Hugo Mijares.

Built in 2018, the eight-bedroom mansion features a grand entrance, spiral staircase, elevator, and retractable glass walls that open up to the outdoor living area. Other eye-catching features are a chef's kitchen with dual island, living and dining areas with a double-sided marble fireplace, and a built-in bar with wine room.

Situated on nearly an acre of lush grounds, the property also has an infinity saltwater pool, outdoor kitchen, and a four-car garage.

5. 721 N Bonhill Rd, Los Angeles, CA

Price: $41,750,000

Brand-new build: This Brentwood mansion's limestone exterior with bronze roof and travertine pavilion accents was "inspired by the grandeur of the Getty Museum."

The 16,500-square-foot open floor plan boasts a sculptural floating staircase, an elevator for easy access to all three levels, an art gallery, and a primary suite with terrace offering Pacific Ocean views. A rooftop deck has a firepit and bar. There is also a home theater and an indoor/outdoor wellness sanctuary with fitness center, massage room, sauna, and cold plunge.

A two-car garage can be found on the main level with a subterranean eight-car garage located underneath with security room.

4. 663 Mountain Laurel Dr, Aspen, CO

Price: $42,000,000

Mountain retreat: This secluded, six-bedroom mountainside estate is nestled on 12 acres of wooded privacy.

Built in 2001, the 10,390-square-foot residence with "unmatched attention to detail" boasts handmade French doors, coffered and beamed cathedral ceilings, European fireplaces, and floor-to-ceiling glass walls to soak in the majestic mountain views. Other highlights include a formal dining room, eat-in kitchen, an office, and home theater.

Offering unsurpassed views that include Independence Pass, the Roaring Fork River, the protected Nature Preserve, and Mount Sopris, the property also has a separate two-story guesthouse with private garage.

3. 429 Broome St, New York, NY

Price: $45,000,000

SoHo multiuse: This five-story, income-generating structure boasts four lofts with commercial ground floor space that could be used as a unique live/work opportunity.

Built in 1859, the 13,000-square-foot building is being offered for the first time in more than 30 years. Although no interior photos are featured, the listing says it has high ceilings, oversized windows, and an elevator.

Located in the Cast Iron Historic District, the property with "thriving tenants" could also "be transformed into a showstopping mega residence or luxury flagship."

2. 145 Palm Ave, Miami Beach, FL

Price: $59,000,000

Palm Island: This waterfront estate overlooking the Intracoastal features a five-bedroom estate, a deep-water dock, and tennis court.

While there are no interior photos shown, the listing says the buyer could "reimagine, renovate, or build your dream estate" on the 1.38-acre property that also has "room for resort-style amenities, generous motor courts, and expansive outdoor living."

Located on a double lot with 200 feet of water frontage, the property is just minutes from South Beach and downtown Miami.

1. 1610 N Ocean Blvd, Palm Beach, FL

Price: $65,000,000

British West Indies-inspired: This six-bedroom modern mansion sits on nearly one acre of privacy with prime Atlantic Ocean views.

The 9,794-square-foot, waterfront estate was "masterfully built" in 2018 and features a gourmet chef's kitchen with oversized center island, a family room designed for entertaining, a separate staff kitchen, home gym, and a primary suite with sitting room. Two guest suites are located above two separate garages that can accommodate four vehicles.

An oceanfront loggia overlooks the resort-inspired backyard with pool, spa, outdoor fireplace, and private boat dock with lift.