Palm Beach real estate: Historic house under contract, priced at $17.9 million

Palm Beach real estate: Historic house under contract, priced at $17.9 million

Developer Todd Michael Glaser has a contract pending for the landmarked Estate Section house he bought and updated at 125 Via Del Lago in Palm Beach , according to the local multiple listing service.

Premier Estate Properties agent Suzanne Frisbie has the house listed at just under $18 million. No word yet on the buyer or the amount to change hands.

Fresh into town from Miami, Glaser paid $11 million for the property in a sale recorded in early 2018 and then carried out a major renovation with the blessing of the Landmarks Preservation Commission. The most notable part of the project moved the nondescript front entrance facing Via Del Lago to the west side of the property, so that visitors would get a more dramatic view of the house when they entered the relocated driveway.

The house was built in 1928 to a design by noted society architect Marion Sims Wyeth. Known originally as Casa Vera, the Mediterranean-style house’s three wings shelter a courtyard that faces west. A grand double staircase leads from a courtyard terrace down to the motor court.

In addition to rearranging the entrance, Glazer renovated the interior of the house and guesthouse, which have a total of eight bedrooms and 12,641 square feet of living space.

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Up on the roof: Not sure if it helped spark the in-the-works sale, but Douglas Elliman Real Estate offered would-be buyers an unusual visual aid when the agency got the listing for a never-lived-in beachfront mansion at 1071 N. Ocean Blvd. in Palm Beach.

Priced at $59.9 million, the French country-style house — with its eye-catching red-orange barrel-tile roof — had been on the market for four years. But after Elliman acquired the listing in February, the sales team commissioned a digitally altered photo that showed the house with a gray-slate roof, which gave the front exterior a more subdued appearance. An easel with the rendering was displayed in the house’s pub room so house hunters could take a look.

Elliman agents Gary Pohrer, Ashley McIntosh and Vince Spaeda are keeping mum about the sale.

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Picking up honors: Several Palm Beach agents were honored by William Raveis South Florida — formerly The Fite Group — for their sales performances last year.

The agents were recognized among 4,100 of their colleagues at some 130 William Raveis offices, the majority of which are in the Northeast.

Christopher Deitz, Jack Elkins and Paula Wittmann were inducted into the agency’s Platinum Club, which recognized agents whose sales volume ranked in the top 1 percent of company sales.

Four other agents became members of the Chairman’s Elite Club: Steve Simpson, Martin Conroy, Dean Stokes and Karen Donnelly.

Agent Shirley Wyner was honored with membership in the Chairman’s Club. And agents Jonathan Duerr, Shawn Olsson and Michelle Noga were designated members of the President’s Club.

The awards also recognized agents at the William Raveis offices in Delray Beach (Angelina Valenti, Platinum Club; Michael Mullin III and Laura Gallagher, Chairman’s Club; and Megan Lake and Terri Berman, President’s Club); Wellington (Melanie Peterson, Chairman’s Club); and Palm Beach Gardens (Betty Schneider, Jerry Tsarnas and Victor Kastil, Chairman’s Club; and Elisa Comorat, President’s Club).

Darrell Hofheinz writes about real estate in his weekly “Beyond the Hedges” column. He welcomes news items about Palm Beach real estate for this column. Email dhofheinz@pbdailynews.com, call 820-3831 or tweet @PBDN_Hofheinz.

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