The house at 1140 S. Ocean Blvd. is being developed by luxury homebuilder and Manalapan resident Joseph Farrell of Farrell Cos.
An under-construction estate has entered the market with a staggering $95 million price tag in Manalapan, the wealthy town south of Palm Beach.
The ocean-to-lake property at 1140 S. Ocean Blvd. is among the most expensive ever marketed for sale in the town.
Developer Joseph Farrell of Farrell Building Co. and Farrell Cos. is completely rebuilding a 1990s-era mansion and its separate guesthouse on the ocean-to-lake site, which measures 1.6 acres. The speculative project is expected to be completed by the fall of 2025, according to the sales listing, which entered the multiple listing service Aug. 13.
Plans call for the main house to have 19,000 square feet with a 4,000-square-foot guesthouse. In all, there will be 13 bedrooms. The project is changing the architectural style from Mediterranean to contemporary.
