OFF MARKET

Off Market Feb 2025 for $19M

$20,759,910

Est. refi paymentEst. refi $99,735/mo

•

5,752

sq ft

231 Wells Rd, Palm Beach, FL 33480

About this home

Single-familyProperty Type

2001Year Built

$3,609Est. Price/Sq.Ft.

2 car garageParking

Listed by Lawrence A. Moens MOENS • Lawrence A. Moens Associates, Inc.

Bought with Whitney McGurk McGURK • Brown Harris Stevens of Palm Beach 5225

Redfin checked: 3 minutes ago

•Source:PBBOR #24-1733

Redfin Estimate

$20,759,910

$1.8M since sold in February 2025$1.2M since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 22.3% higher than the average sale price ($16.98M) of 6 comparable homes.

SOLD JUN 3, 2026
$15,900,000
A
4 beds5.5 baths4,982 sq ft
231 Coral Ln, Palm Beach, FL 33480
SOLD JUN 26, 2026
$21,000,000
B
4 beds6.5 baths5,988 sq ft
242 Wells Rd, Palm Beach, FL 33480
SOLD JUL 20, 2026
$12,689,525
C
4 beds6.5 baths4,504 sq ft
234 Ridgeview Dr, Palm Beach, FL 33480
SOLD FEB 17, 2026
$16,970,000
D
5 beds7 baths5,548 sq ft
242 Tangier Ave, Palm Beach, FL 33480
SOLD JUN 2, 2026
$23,932,000
E
5 beds6.5 baths5,032 sq ft
232 Seabreeze Ave, Palm Beach, FL 33480
SOLD JUN 26, 2026
$11,387,500
F
4 beds5.5 baths4,530 sq ft
160 Sunset Ave, Palm Beach, FL 33480

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Earn from this home

Sell

$4,757,206

Est. take-home

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Refinance

Est. cash available

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Rent

$10,238/mo

Redfin rental estimate

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Market trends in 33480, FL

Last updated July 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-List Price

92.3%

+0.2% MoM

Median sale price

$2.0M

$45K MoM

Avg. days on market

114d

0 days MoM

Recently sold homes

195

6 MoM

New listings for sale

NEW 6 HRS AGO
$234,000
2 beds2 baths1,121 sq ft
3605 S Ocean Blvd #123, South Palm Beach, FL 33480
NEW 14 HRS AGO
$524,000
1 bed1 bath389 sq ft
235 Sunrise Ave #3260, Palm Beach, FL 33480
NEW 17 HRS AGO
$105,000,000
7 beds12 baths13,171 sq ft
920 S Ocean Blvd, Palm Beach, FL 33480
NEW 19 HRS AGO
$825,000
2 beds2 baths1,366 sq ft
3200 S Ocean Blvd Unit A202, Palm Beach, FL 33480
$7,200,000
3 beds3 baths3,107 sq ft
2100 S Ocean Blvd Unit 408N, Palm Beach, FL 33480
$34,900,000
5 beds7 baths6,788 sq ft
255 Wells Rd, Palm Beach, FL 33480
$195,000,000
7 beds12.5 baths19,919 sq ft
1616 S Ocean Blvd, Palm Beach, FL 33480
$380,000
1 bed1 bath952 sq ft
3450 S Ocean Blvd #3280, Palm Beach, FL 33480
$2,575,000
2 beds2 baths1,201 sq ft
170 Chilean Ave Unit 2A, Palm Beach, FL 33480
COMING SOON
$1,700,000
2 beds2.5 baths2,072 sq ft
3300 S Ocean Blvd Unit 108S, Palm Beach, FL 33480
See all

Provided by Redfin

Sale history for 231 Wells Rd

Date

Event

Price

PBBOR #24-1733

Feb 28, 2025

Sold

$19,000,000

$3,303/sq ft

Nov 8, 2024

Listed

$19,950,000

$3,468/sq ft

Public Records

Dec 19, 2014

Sold

$7,690,000

$1,337/sq ft

Beaches MLS #R9996819

Dec 16, 2014

Sold

$7,700,000

$1,339/sq ft

Nov 24, 2014

Pending

—

Nov 26, 2013

Listed

$8,750,000

$1,521/sq ft

+11

This distinguished estate on exclusive Wells Road sets an impeccable stage for large-scale entertaining and intimate family life. Beginning with an elegant entrance hall with a stately staircase, beautifully proportioned interiors display such exquisite detailing as columns, arches, groin vaults, deep moldings and pecky cypress. Built in 2001, the 5 BR/ 6.5 Mediterranean masterpiece is a true example of classic Palm Beach! Its Jerusalem limestone flooring , mahogany library and striking ultra- high ceilings delight. The formal front gardens are gated and enhanced by a wonderful fountain. A beautiful sunlit pool/spa lends to wonderful outdoor entertaining. The home is elegant, yet comfortable and boasts the utmost in quality. Features: dramatic vaulted two-story living room, two fireplaces, well-equipped gourmet kitchen, elevator, Sherle Wagner Powder room, two car garage, coral moldings interior/exterior, impact resistant windows/doors and more.

PBBOR #13-2610

Dec 16, 2014

Sold

$7,700,000

$1,339/sq ft

Nov 25, 2013

Listed

$8,750,000

$1,521/sq ft

+11

Public Records

Dec 23, 1999

Sold

$1,060,000

$184/sq ft

Public Records

Jan 1, 1968

Sold

$54,000

$9/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$187,747 (+0.4%)

2024

$187,071 (+9.2%)

2023

$171,294 (−8.4%)

2022

$186,991 (+45.5%)

2021

$128,498 (+10.9%)

2020

$115,903 (−1.0%)

$2,887,920 + $4,068,486

$6,956,406

2019

$117,069 (+0.2%)

$2,887,920 + $4,068,486

$6,956,406

2018

$116,793 (−2.8%)

$3,033,811 + $4,060,686

$7,094,497

2017

$120,154 (+8.5%)

2016

$110,768 (−2.7%)

$2,623,950 + $3,806,164

$6,430,114

2015

$113,856 (+73.3%)

$2,499,000 + $3,846,910

$6,345,910

2014

$65,713 (+2.1%)

2013

$64,379 (+0.1%)

2012

$64,305 (+0.7%)

2011

$63,889

Tax history for 231 Wells Rd

Year

Property tax

Land + Additions

Assessment*

2025

$187,747 (+0.4%)

2024

$187,071 (+9.2%)

2023

$171,294 (−8.4%)

2022

$186,991 (+45.5%)

2021

$128,498 (+10.9%)

2020

$115,903 (−1.0%)

$2,887,920 + $4,068,486

$6,956,406

2019

$117,069 (+0.2%)

$2,887,920 + $4,068,486

$6,956,406

2018

$116,793 (−2.8%)

$3,033,811 + $4,060,686

$7,094,497

2017

$120,154 (+8.5%)

2016

$110,768 (−2.7%)

$2,623,950 + $3,806,164

$6,430,114

2015

$113,856 (+73.3%)

$2,499,000 + $3,846,910

$6,345,910

2014

$65,713 (+2.1%)

2013

$64,379 (+0.1%)

2012

$64,305 (+0.7%)

2011

$63,889

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

Baths

6.5

Stories

Lot width

100 ft.

Lot depth

140 ft.

Lot size

0.32 Acres

Year renovated

2010

Sq. Ft.

5,752

Year built

2001

Style

Single Family Residential

County

Palm Beach County

APN

50434314060000140

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 2, 2026.

R-B

Low Density Residential District

The purpose of the R-B low density residential district is to provide for low density single-family residential use, as that term is defined in section 134-2, of moderately spacious character together with publicly operated recreational facilities and accessory uses as may be necessary or are normally compatible with residential surroundings. This district is located to protect and preserve existing development of this character and contains vacant land considered appropriate for such development in the future.

Permitted uses

Include but are not limited to:

Housing-Single unit
Fire house
Police station

Property details

Parking

Parking/Garage Information
Has Garage
Has Attached Garage
# of Garage Spaces: 2
Parking Features: Garage Door Opener, Attached

Interior

Bathroom Information
# of Full Bathrooms: 6
# of Half Bathrooms: 1

Heating & Cooling
Has Cooling
Cooling: Ceiling Fan(s), Central Air
Has Heating
Heating: Central

Interior Features
Interior Features: Central Vacuum, Ceiling Fan(s), Bidet, Elevator, Sound System
Appliances: Oven, Electric Range, Dishwasher, Disposal, Refrigerator, Freezer, Ice Maker, Microwave, Washer, Dryer
Flooring: Carpet, Marble, Tile
Has Fireplace

Exterior

Exterior Features
Exterior Features: Balcony
Roof: Barrel

Pool Information
Has Private Pool
Pool Features: Outdoor Pool, Private
Has Spa/Hot Tub

Building Information
Sq. Ft.: 6965.0
Construction Materials: Stucco, Block

Property Features
Security Features: Security System

Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Raw Mls Property Sub Type: Single Family Residence

Lot Information
Lot Size : 0.0
Lot Size Dimensions: 100
Zoning: R-B - Low Density Residen

Financial

Tax Information
Tax Annual Amount: $187,071

Location

Location Information
Subdivision Name: N/A

Public facts

Beds: 6
Baths: 6.5
Sq. Ft.: 5,752
Stories: 2.0
Lot Size: 0.32 acres
Style: Single Family Residential
Year Built: 2001
Year Renovated: 2010
County: Palm Beach County
APN: 50434314060000140

Home facts updated by county records on Jul 2, 2026

Around this home

Schools

Palm Beach Public School

Public PreK-5 • Assigned • 1.3mi

8/10

Conniston Middle School

Public 6-8 • Assigned • 3.6mi

4/10

Palm Beach Lakes High School

Public 9-12 • Assigned • 4.6mi

2/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

7/10 Flood Factor

Estimated 80%+ chance of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

9/10 Heat Factor

6 days above 105° expected this year, 19 days in 30 years

10/10 Wind Factor

99% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Palm Beach, FL • 33480

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.1 hours in June and 6.8 hours in December, placing it above the U.S. average for solar exposure.

9.1 hrs

6.8 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$19.72M – $23.87M

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NEW 19 HRS AGO

$825,000

2 beds2 baths1,366 sq ft

3200 S Ocean Blvd Unit A202, Palm Beach, FL 33480

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3 beds3 baths3,107 sq ft

2100 S Ocean Blvd Unit 408N, Palm Beach, FL 33480

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5 beds7 baths6,788 sq ft

255 Wells Rd, Palm Beach, FL 33480

$195,000,000

7 beds12.5 baths19,919 sq ft

1616 S Ocean Blvd, Palm Beach, FL 33480

$380,000

1 bed1 bath952 sq ft

3450 S Ocean Blvd #3280, Palm Beach, FL 33480

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Home values near 231 Wells Rd

Data from public records.

Address	Redfin Estimate
225 Wells Rd, Palm Beach, FL 7 Beds \| 7.5 Baths \| 5452 Sq. Ft.	$20,277,878
230 Wells Rd, Palm Beach, FL 4 Beds \| 5.5 Baths \| 6142 Sq. Ft.	$18,486,185

Address	Redfin Estimate
235 Wells Rd, Palm Beach, FL - Beds \| 3 Baths \| 4619 Sq. Ft.	$10,423,805
209 Wells Rd, Palm Beach, FL 4 Beds \| 4.5 Baths \| 3961 Sq. Ft.	$14,620,794

Address	Redfin Estimate
247 Wells Rd, Palm Beach, FL 5 Beds \| 5.5 Baths \| 5231 Sq. Ft.	$10,787,205
242 Wells Rd, Palm Beach, FL 4 Beds \| 6.5 Baths \| 5988 Sq. Ft.	$20,983,478

Property information provided by PBBOR when last listed in 2024. This data may not match . Learn more.

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