A landmarked mansion built in 1928 hit the Palm Beach, Florida, market Tuesday with an asking price of $12.95 million.
The approximately 9,400-square-foot home was designed by Austrian-born John Volk, one of Palm Beach’s signature architects in the 1920s, according to the Historical Society of Palm Beach County.
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The house differs from many of the city’s more modern luxury offerings, which tend to have open layouts, according to the property’s listing agent, Gary Pohrer with Douglas Elliman. "It’s just got kind of grand feel," he said.
The six-bedroom, nine-bathroom home features classic details, such as cypress-beamed ceilings, hand-painted cabinetry and a formal dining room, according to Douglas Elliman’s listing.
Still, the Mediterranean-style house has plenty of modern amenities, according to Mr. Pohrer, including a gym, a 48-foot lap pool and a built-in outdoor grill.
The nearly half-acre property also includes a two-bedroom guest house and a multi-car garage.
The design of the house was very typical of the 1920s, said Lory Volk, vice chairman of the John Volk Foundation and daughter-in-law of the famed late architect. Even after numerous resells over the past nine decades, she said it remains true to John Volk’s design.
"It’s pretty darn original," Mrs. Volk said.
The house was last sold in December 2013 for $11.25 million. Even at the increased price of $12.95 million, it is below Palm Beach’s average luxury sale price of around $17.5 million, according to data from Douglas Elliman.
It is currently owned under a limited liability company, called the Clarke Trust. Marilyn Weiner, attorney for the Clarke Trust, did not immediately return request for comment.
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The home’s location on Clarke Avenue places it between Palm Beach’s two commercial hubs, Mr. Pohrer said, and it is very walkable to nearby restaurants, shops, as well as the beach.
In addition to designing private residences, Volk was also responsible for a number of public-use buildings in the area, including Palm Beach Town Hall, the Bath and Tennis Club and Good Samaritan Hospital, according to the Historical Society of Palm Beach County.