$4,795,000
Off Market

50 Coconut Lane

Ocean Ridge, FL 33435
4307 sqft | 5 beds | 5 baths | #RX-10862603
Type:Purchase
Structure:House
Zone:Residential

Description

1924-era 'Old Spanish' style residence with a detached two-story guesthouse in Ocean Ridge it is a double lot on almost a full-acre at 39,423 sqft, with a half-basketball court, tennis court, and sun-splashed pool. A wood deck near the water's edge can accommodate kayaks, paddleboards and jet skis. Details of its epoch include a barrel-tile roof, pecky-cypress wood, beamed ceilings, touches of wrought iron and arched windows. LOCATION:
50 Coconut Lane, Ocean Ridge, Florida. One of the Gold Coast's best-kept secrets, Ocean Ridge is prized for its tranquility, relaxed ambiance, and unspoiled barrier island beauty nestled between the Atlantic Ocean and Intracoastal Waterway.
PROPERTY:

On a gated and fenced half-acre backing a natural area with mangroves, this rare Ocean Ridge Intracoastal Waterway property offers an expansive yard for outdoor activities and invites year-round enjoyment of Florida's natural beauty. Patios, courtyards and balconies create an indoor/outdoor connection, and the loggia overlooks the tennis court with a half-basketball court and large pool. Watersport enthusiasts will appreciate the waterside wood deck where they can launch their kayaks, paddleboards or jet skis.
RESIDENCE:
In an architectural style that is reminiscent of Old World Spain, this 1924-vintage five-bedroom compound, with a main residence and separate guesthouse totaling 6,349 +/- total square feet, is embellished with beautiful features typical of its time period. Its creamy stucco-finished exterior is topped by a barrel-tile roof and set off with arches and columns along with touches of pecky cypress and wrought-iron. Floors throughout are rich marble and honey-toned wood and ceilings are beautifully detailed. Upon entering the pecky-cypress front door from the front courtyard with a fountain, the gallery features a pecky-cypress beamed ceiling supported by corbels. The wood-burning fireplace is a chic focal point in the living room, which is also crowned by a pecky-cypress beamed ceiling. French doors from the formal dining room open to the courtyard -- this space, with a nearby bathroom, currently serves as a lovely guest bedroom suite. The cook-island kitchen is fitted with custom wood cabinets, granite countertops and high-end appliances, and just adjacent is an informal dining room with French doors that lead to the backyard. With a contemporary vibe, details in the family room include floor-to-ceiling impact-glass sliding doors that open to the pool-view loggia, a single-slope ceiling, and a stunning stone accent wall. On the second floor, French doors from the primary suite lead to a tree-top-view balcony, and the suite comprises a large custom-fitted walk-in closet and a spa-inspired bathroom. Also upstairs are two guest bedrooms, both with built-in cabinetry and one with a balcony. The layout of the detached two-story guest house includes living and dining rooms, kitchen, two bedrooms and two bathrooms. Living area floors are finished in Mexican tile, with wood floors in the bedrooms. The main residence and the guesthouse both have laundry rooms, and for covered parking, the carport can accommodate three cars.
The information herein is deemed reliable and subject to errors, omissions or changes without notice. The information has been derived from architectural plans or county records. Buyer should verify all measurements.
DISCLAIMER: Information published or otherwise provided by the listing company and its representatives including but not limited to prices, measurements, square footages, lot sizes, calculations, statistics, and videos are deemed reliable but are not guaranteed and are subject to errors, omissions or changes without notice. All such information should be independently verified by any prospective purchaser or seller. Parties should perform their own due diligence to verify such information prior to a sale or listing. Listing company expressly disclaims any warranty or representation regarding such information. Prices published are either list price, sold price, and/or last asking price. The listing company participates in the Multiple Listing Service and IDX. The properties published as listed and sold are not necessarily exclusive to listing company and may be listed or have sold with other members of the Multiple Listing Service. Transactions where listing company represented both buyers and sellers are calculated as two sales. The listing company's marketplace is all of the following: Vero Beach, Town of Orchid, Indian River Shores, Town of Palm Beach, West Palm Beach, Manalapan Beach, Point Manalapan, Hypoluxo Island, Ocean Ridge, Gulf Stream, Delray Beach, Highland Beach, Boca Raton, East Deerfield Beach, Hillsboro Beach, Hillsboro Shores, East Pompano Beach, Lighthouse Point, Sea Ranch Lakes and Fort Lauderdale. Cooperating brokers are advised that in the event of a Buyer default, no financial fee will be paid to a cooperating Broker on the
Deposits retained by the Seller. No financial fees will be paid to any cooperating broker until title passes or upon actual commencement of a lease. Some affiliations may not be applicable to certain geographic areas. If your property is currently listed with another broker, please disregard any solicitation for services. Copyright 2023 by the listing company. All Rights Reserved.

Location

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