The Mar Pietra compound in Delray Seaside, Florida, is being provided at $60 million.
Daniel Petroni
The proprietor of a beachfront mansion in Delray Seaside, Florida, is trying to shatter a neighborhood worth file with a house that delivers old-school Italian aptitude above floor and hidden persona under.
Whereas the higher ranges are adorned with 300 stone-carved columns, vaulted ceilings and even a fresco painted in Florence, Italy, the house’s subterranean house is filled with trendy luxuries together with a brilliant automotive gallery, glowing tequila bar and a metal vault filled with piles of money.
The 2 distinct design themes are wrapped in a limestone-clad residence positioned in town’s ultra-high-end South Ocean Boulevard. The 23,000-plus square-foot residence is known as Mar Pietra, Italian for “sea stone.”
“So much stone went into this house, I thought it was appropriate,” proprietor Massimo Musa advised CNBC.
Musa based and offered a number of corporations within the eye-care trade. He additionally develops actual property and constructed Mar Pietra with this now ex-wife.
The fervour challenge took 5 years to finish and employed dozens of craftsmen, painters and sculptors, lots of them from Italy. Tons of limestone have been shipped right here from Mexico’s Yucatan Peninsula; hand-carved marble made the journey from Verona, Italy; and big panels of cedar arrived from Colombia.
Dawn over the pool. Beneath the archways on the left is a loggia that features an outside kitchen, eating space and lounge.
Daniel Petroni
In line with the itemizing, the mega residence sits on 100 ft of beachfront. There’s a major residence and visitor home and all collectively 9 bedrooms, 12 full baths and 7 half baths. The climate-controlled subterranean storage provides 4,000 extra sq. ft, with much more house added by way of coated areas similar to an opulent loggia that homes one other kitchen, bar, lounge and eating space.
The huge property is 5 instances the scale of the typical Delray Seaside residence offered throughout the first quarter, and its eight-figure price ticket is greater than 18 instances the realm’s virtually $3.3 million common gross sales worth for a luxurious residence, in response to the Elliman Report. The report defines luxurious houses as the highest 10% of gross sales.
The best sale worth ever achieved in Delray Seaside was $34 million for a list additionally positioned on South Ocean Boulevard that offered in 2021. In line with public information, the highest sale worth per sq. foot was additionally recorded in 2021, at just below $2,600 per sq. foot. Mar Pietra’s listing worth would put it proper consistent with that worth metric.
The grand salon’s ornately carved ceiling was impressed by a palazzo in Rome. The room overlooks the pool and ocean.
Daniel Petroni
The trophy residence’s huge footprint and its big oceanfront garden are a uncommon sight on this strip of seaside in Palm Seaside County. In line with Musa, that’s due to the lot’s distinctive zoning historical past.
Public information present he purchased the lot, together with the lot throughout the road on the Intracoastal Waterway, for $9 million again in in 2002. On the time, the oceanfront parcel had a lodge on it, which suggests the land was below lodge zoning rules. Musa, who immigrated to the U.S. from Italy, tore down the previous constructing so he might construct a beachfront household residence that paid homage to his residence nation.
A pair of stone staircases leads from the oceanfront garden as much as Mar Pietra’s limestone-clad sundeck and pool space.
Daniel Petroni
Even after the lodge’s demolition, Musa says, the land’s lodge zoning remained intact. That allowed him to construct a house with a bigger footprint and smaller setbacks. Plus, the residence might lengthen nearer to the shoreline than present residential zoning usually permits.
Additionally grandfathered in was a portion of beachfront lot that was cleared many years in the past by the lodge’s house owners, one thing Musa advised CNBC present regulation would by no means permit. That clearing is now a lush evergreen garden, made from synthetic grass, that rolls throughout the again of his one-acre property the place it meets the pure vegetation on the sandy shoreline.
A balcony on the house’s second stage overlooks the pool, ocean and huge synthetic garden that borders the seaside.
Daniel Petroni
The house’s place 21 ft above sea stage and its sheer dimension is spectacular, however like many listings at this worth level, it’s not all the time simple to discover a purchaser. Whereas the property has been on and off the market since December 2021, its $60 million price ticket holds regular. It’s at the moment provided by South Florida itemizing agent Senada Adzem of Douglas Elliman.
“This trophy estate stands as one of South Florida’s finest bespoke luxury properties, designed to evoke timeless elegance,” Adzem advised CNBC.
The primary corridor options vaulted ceilings and some of the house’s 300 stone columns.
Daniel Petroni
The kitchen options Italian white marble and reclaimed beams that span the ceiling.
Daniel Petroni
In line with the Elliman Report, luxurious single-family residence stock within the first quarter rose greater than 12% over the earlier yr, and the typical gross sales worth of a luxurious single-family residence in Delray Seaside dropped greater than 33%.
Regardless of knowledge that means the market could also be experiencing some headwinds, Adzem stays assured within the listing worth and South Florida’s high-end actual property market.
“The ultra-luxury real estate market will continue to prosper,” she mentioned. “Wealthy clients love Palm Beach County, valuing oceanfront locations, privacy and uniqueness above all else.”
To help that declare, Adzem factors simply 400 meters down the road to a sale in Highland Seaside, the place simply this Could an oceanfront residence traded for $50 million, or greater than $2,800 per sq. foot. On this shoreline, Mar Pietra might truly be thought of a relative cut price. A close-by smaller residence, additionally on South Ocean Boulevard, just lately listed for $74 million, or about $5,100 a sq. foot.
The house’s household room, overlooking the pool and ocean.
Daniel Petroni
In line with Adzem, Mar Pietra instructions a premium partly for its high quality of development and the property’s uncommon zoning allowances, which she known as priceless.
“These generous zoning allowances enabled our client to create a truly unique property that would otherwise be impossible,” she mentioned.
A seating space in Mar Pietra’s loggia overlooking the dawn.
Daniel Petroni
It’s exhausting to think about a possible purchaser taking problem with the property for being too small, however Adzem mentioned on this a part of Florida, it’s not out of the query. So, the true property dealer and her shopper are prepared to supply an answer.
“What’s really unique about the home is the fact that my client is willing to sell it with the Intracoastal Waterway lot that would create the only ocean-to-intracoastal compound in Delray Beach, Florida.”
The 2-lot deal, Adzem mentioned, would ship sufficient land to develop one other waterfront home that would embrace a uncommon spot on the Intracoastal Waterway to dock a mega yacht. As for the worth tag to purchase the total package deal deal, Adzem mentioned she would solely focus on that quantity with potential patrons.
Here’s a nearer take a look at Mar Pietra and what you’d get for $60 million:
Automobiles getting into the property cross via a porte-cochere that doubles as a guesthouse.
Daniel Petroni
The house’s driveway passes via a grand archway known as a porte-cochere that results in a round motor court docket. Contained in the limestone construction is a two-story guesthouse spanning greater than 2,700 sq. ft with three bedrooms, three full baths and two half baths.
On the middle of the motor court docket is a fountain flanked by mature palms and framed by a driving floor that mixes mosaics, marble and pretend grass.
Daniel Petroni
Past the round motor court docket is a big stone staircase that ascends to the principle residence.
Mar Pietra’s grand staircase arrival.
By the arches on the prime of the stairway is a central open-air courtyard. Musa says the design was impressed by Vizcaya Museum and Gardens in Miami.
Dramatic archways encompass the house’s open-air central courtyard.
Daniel Petroni
The courtyard results in the house’s major entrance, the place a butterfly staircase reigns over a double-height lobby.
The lobby’s ceiling rises over 30 ft, with limestone archways, and a grand marble staircase.
Daniel Petroni
The 2-story library is clad in stained cedar from Colombia, with a big marble hearth carved in Verona, Italy.
Daniel Petroni
The house’s library spans two ranges with a spiral staircase that rises as much as the second ground — and the room delivers far more than books.
The higher stage of the wood-paneled library presents a more in-depth take a look at the Italian fresco overhead.
Daniel Petroni
Musa says the cedar-wrapped room’s design was impressed by the Vanderbilt property, whereas the fresco on the ceiling takes inspiration from the Sistine Chapel. The mural, Adzem advised CNBC, was painted in Florence, Italy, shipped to Florida and affixed to the ceiling, the place the artist made the ultimate ending touches.
The library’s onyx bar with book-matched cedar panel partitions and flooring designed with intricate inlays.
Daniel Petroni
The decrease stage of the library contains an onyx bar and a lounge space. On the higher stage, home windows across the residence workplace are stuffed with views of the pool and ocean.
The house workplace on the library’s higher stage.
Daniel Petroni
The first suite can also be on the second ground, with views from each window.
A seating space and double-sided hearth on the entry of the first suite’s sleeping quarters.
Daniel Petroni
Mar Pietra’s main suite.
Daniel Petroni
The suite’s two baths function modern designs, imported marbles and walk-in closets. The white marble bathtub flows seamlessly right into a boutique-style, walk-in wardrobe with a cupboard island, jewellery showcase and separate shoe closet.
A marble-clad bathtub within the main suite.
Daniel Petroni
One of many main suites’ two walk-in closets.
Daniel Petroni
Deep under the dune that Mar Pietra is perched upon is a subterranean lair with a really completely different design story. It’s extra trendy down there and filled with modern luxuries.
Mar Pietra’s subterranean storage is air-conditioned and spans greater than 4,100 sq. ft.
Daniel Petroni
The house’s so-called auto lounge is an underground storage adorned with big crystal chandeliers, ornate ceilings and parking for seven automobiles. Throughout CNBC’s go to, it was staged bumper to bumper with $5 million value of uncommon Lamborghinis.
The decrease stage’s lounge presents a view of the automotive salon via a floor-to-ceiling wall of curved glass.
Daniel Petroni
The parking space results in a lounge designed for individuals who wish to admire their rides. A wall of curved glass separates the lounge from the storage and delivers an excellent view of the parked supercars. The metal vault on the aspect wall is an artwork piece with a functioning door and stacks of cash inside.
The decrease stage’s tequilla bar is clad in white quartzite.
Daniel Petroni
The decrease stage additionally features a tequila-only bar wrapped in quartzite. After darkish, lights embedded within the stone can ignite the surfaces with a milky-white glow.
Mar Pietra’s subterranean residence theater.
Daniel Petroni
There may be additionally a state-of-the-art theater, with a floor-to-ceiling and wall-to-wall digital display, and it is without doubt one of the residence’s two cinemas.
