La Follia Estate In Palm Beach FL Goes Into Contract

One of the most exclusive oceanfront listings in the entire country has reportedly gone into contract here in Palm Beach, FL, and you’re going to want to see this listing. La Follia sits proudly on “Billionaire’s Row” here in Palm Beach, Florida, and the news of its impending sale has been the talk of the town.

It was originally listed at $135,000,000 USD, and if the sale completes, this estate would set a record for the most expensive single-family home. La Follia’s former owner is Terry Allen Kramer, who produced such Broadway shows as “Kinky Boots” and “Evita.”

This private oceanfront estate sits on an almost 5 acre lot including your very own bit of beachfront for spending those summer days playing in the sand. La Follia is also the only estate in Palm Beach, FL, with ocean-to-lake access which makes this place a boater’s dream home. I think we should also note that the property was built 24 feet above sea level and comes with 210 feet of direct water frontage.

The home itself is an Italian inspired estate with 13 beautiful bedrooms, 14 full bathrooms and 4 half bath over 37,516 square feet of luxury living space. Every inch of La Follia was masterfully designed by architect Jeff Smith and you’ll find that no room is in the same inside.

This is a dream listing and a team of some of the best Douglas Elliman agents came together to make this deal happen, and we’re proud and happy to share the news. The listing agents are Gary Pohrer, Ashley McIntosh, Cara Coniglio McClure, Lisa Wilkinson and Adam McPherson of Douglas Elliman.

If you would like to learn more about the La Follia Estate in Palm Beach please visit its website or give the team a call at 561.262.0856. Photo credit goes to Douglas Elliman and Gary Pohrer who is the listing agent.

La Follia Estate photos