1540 S Ocean BoulevardPalm Beach, FL 33480Price: $79,500,000

Spectacular New Oceanfront Estate on Billionaires Row - Introducing a newly constructed oceanfront compound on prestigious Billionaires Row, offering panoramic views of the Atlantic Ocean and a refined coastal living experience. This remarkable estate includes a main residence, guest house, and a private tunnel providing direct access to an oceanfront beach cabana. Bermuda-style architecture blends effortlessly with sleek transitional interiors, custom finishes, and curated furnishings throughout the property.Encompassing approximately 16,500+/- total square feet on .98+/- acres, the estate has 8 bedrooms, 12 full bathrooms, and 3 half baths. The main house features 5 bedrooms, 7 full bathrooms, 2 half bathrooms, 1 cabana bathroom, and a two-car garage. The guest house includes 3 bedrooms, 4 full bathrooms, 1 half bathroom, and a four-car garage. The property also sits at an impressive 20.3± foot elevation, offering added security and enhanced views. Designed by Dailey Janssen Architects, this stunning residence pairs timeless architectural elements with sweeping ocean vistas. The main residence is thoughtfully laid out with elegant spaces that flow seamlessly. A grand entry foyer opens to a formal sitting room and dramatic stair hall, setting the tone for the home's sophisticated aesthetic. The formal dining room connects to an oceanfront family room, while the gourmet eat-in kitchen is equipped with dual oversized islands and premium appliances, ideal for both everyday living and entertaining. The lower level features a wine cellar, an expansive great room with a fireplace and wet bar, a game room, and a yoga/exercise studio. Upstairs, the primary suite features French doors to a private oceanfront balcony, custom built-ins, dual spa-style baths, two walk-in closets, and a morning bar. Each of the four additional guest bedrooms offers en-suite baths and high-end finishes. The guest house serves as a luxurious retreat for family and guests, with a large great room that opens to a covered loggia. The main level includes two guest bedrooms with en-suite baths and an exercise room. On the upper level, a VIP suite offers a sitting area, walk-in closet, dual-vanity bath, and spacious private terrace. A four-car garage provides abundant parking and storage. For added peace of mind, the property includes a whole-house generator capable of powering the entire estate during any outage. The outdoor space is equally impressive. At the heart of the estate, a central courtyard showcases a resort-style pool and spa, framed by both covered and open-air balconies. A fully equipped summer kitchen elevates the al fresco entertaining experience, while meticulously landscaped grounds create a sense of privacy and calm. Private tunnel to the beachside cabana with potential for a beachfront plunge pool adjacent to the cabana. Located in one of Palm Beach's most coveted areas, this exceptional estate is just minutes from the world-class shopping and dining of Worth Avenue, vibrant Downtown West Palm Beach, top-rated schools, and Palm Beach International Airport. This home perfectly captures the essence of Palm Beach Island living.