Villa Spectre, A $55 Million James Bond-Inspired Estate Sets Record in Delray Beach, Florida

Rhea-AI Summary

Villa Spectre, a James Bond-inspired estate in Delray Beach, Florida, has achieved a record-breaking sale near its $55 million asking price. Located at 16161 Quiet Vista Circle within Stone Creek Ranch, this 21,725-square-foot contemporary mansion sits on 2.5 acres of lakefront property. The estate, developed by Aldo Stark of Prestige Design Homes and sold by Douglas Elliman agent Senada Adžem, features six bedrooms, dual kitchens, and luxury amenities including a Bulgari-inspired spa, 12-car gallery, and 95-foot resort-style pool. The property showcases modern European design elements with extensive entertainment facilities, including a home theater, recreation room, and outdoor sports facilities.

Positive

• Record-breaking sale price for Delray Beach market
• Substantial property size: 21,725 sq ft on 2.5 acres
• Premium location with lakefront position
• Extensive luxury amenities including Bulgari-inspired spa

Negative

• None.

Insights

Real Estate Analyst

This record-breaking $55 million sale in Delray Beach represents a significant milestone for Douglas Elliman and the luxury real estate market in South Florida. The transaction validates the continued strength of ultra-luxury real estate demand in the region, particularly for unique, amenity-rich properties. The sale of Villa Spectre, with its extensive 21,725 square feet of living space and resort-style amenities, demonstrates that high-net-worth buyers are still actively pursuing trophy properties despite higher interest rates. The adjacent Casa Maranello listing at the same price point suggests confidence in the sustainable demand for ultra-luxury properties in this market segment. For Douglas Elliman (DOUG), this high-profile sale could boost their luxury market presence and potentially drive increased high-end listing opportunities.

Market Research Analyst

The successful sale near asking price indicates strong pricing power in the ultra-luxury segment of South Florida's real estate market. The property's unique features, including the Bond-inspired design elements and extensive amenities package, exemplify the evolving preferences of ultra-high-net-worth buyers who seek both exclusivity and experiential luxury. The transaction could set new pricing benchmarks for luxury properties in Delray Beach and surrounding areas, potentially lifting comparable property values. For Douglas Elliman's shareholders, this sale demonstrates the company's ability to execute high-value transactions and maintain strong margins in the luxury segment, which typically generates higher commission revenues.

DELRAY BEACH, Fla., Dec. 13, 2024 /PRNewswire/ -- Villa Spectre, located at 16161 Quiet Vista Circle, has set a new benchmark as the highest-priced sale in Delray Beach. The Estate, which was available off-market for $55,000,000, closed close to the asking price. The record-breaking transaction was expertly handled by globally renowned real estate agent Senada Adžem of Douglas Elliman.

Designed, developed, and brought to life by Aldo Stark of Prestige Design Homes, the estate effortlessly blends modern European elegance with an air of intrigue and exclusivity. Villa Spectre is a visionary estate that redefines ultra-luxury living, drawing inspiration from the timeless allure of James Bond. Nestled within the prestigious Stone Creek Ranch enclave in Delray Beach, Florida, this contemporary sanctuary spans an impressive 21,725 square feet on 2.5 acres of pristine lakefront property.

Every aspect of Villa Spectre has been meticulously crafted to evoke the sophistication and excitement of Bond's iconic world. The single-story layout offers refined opulence, cutting-edge security, and expansive panoramic lake views.

At the heart of the estate is the grand salon, a dramatic space featuring soaring ceilings, crystal chandeliers, and breathtaking vistas. The adjoining Spectre Lounge, designed for entertaining, captures the elegance and mystique of Bond's legendary gatherings. Adding to the grandeur is a 20-person Brazilian Onyx dining table in the formal dining area, ideal for hosting extravagant soirees.

The estate features six-bedroom suites, including two grand primary suites with boutique-style closets and spa-inspired en-suite bathrooms, offering a serene retreat for relaxation. Four additional guest suites provide privacy and comfort for family and visitors. A sophisticated executive office, complete with concealed features and views of the estate's 12-car gallery, serves as a nod to Bond's penchant for sleek design and functionality.

Villa Spectre boasts an array of world-class amenities rivaling those of the finest resorts. The Bulgari-inspired spa includes an indoor pool, Himalayan salt room, steam room, and sauna, creating a private haven for rejuvenation. For entertainment, the estate offers a state-of-the-art home theater, recreation room, and private salon.

Culinary excellence is ensured with dual gourmet kitchens: one for family use and a separate chef's kitchen with a private staff entrance. Outdoors, the estate's 95-foot resort-style pool and spa are complemented by a fully equipped cabana featuring a kitchen, bar, and private bathroom.

The outdoor entertainment is equipped with a basketball/pickleball court, private soccer field, and putting green. These recreational facilities are nestled within the estate's meticulously landscaped grounds, which include Italian cypress trees, tranquil water features, and dramatic lighting that creates an enchanting ambiance.

Stark is also the visionary behind the nationally acclaimed property Casa Maranello, located at 16171 Quiet Vista Circle, adjacent to Villa Spectre. The estate is listed for $55,000,000 and is represented by Senada Adžem of Douglas Elliman.

About Douglas Elliman Inc.
Douglas Elliman Inc. (NYSE: DOUG, "Douglas Elliman") owns Douglas Elliman Realty, LLC, which is one of the largest residential brokerage companies in the United States with operations in New York, Florida, California, Texas, Colorado, Nevada, Massachusetts, Connecticut, Maryland, Virginia and Washington, D.C. In addition, Douglas Elliman sources, uses and invests in early-stage, disruptive property technology ("PropTech") solutions and companies and provides other real estate services, including development marketing, property management and settlement and escrow services in select markets. Additional information concerning Douglas Elliman Realty is available on its website, www.elliman.com.

Investors and others should note that we may post information about Douglas Elliman Inc. on our website at investors.elliman.com or, if applicable, on our accounts on Facebook, Instagram, LinkedIn, TikTok, Twitter, YouTube or other social media platforms. It is possible that the postings or releases could include information deemed to be material information. Therefore, we encourage investors, the media and others interested in Douglas Elliman to review the information we post on our website at investors.elliman.com and on our social media accounts.

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SOURCE Douglas Elliman

FAQ

What was the selling price of Villa Spectre in Delray Beach (DOUG)?

Villa Spectre sold close to its asking price of $55 million, setting a record as the highest-priced sale in Delray Beach.

How large is the Villa Spectre estate listed by Douglas Elliman (DOUG)?

Villa Spectre spans 21,725 square feet on 2.5 acres of lakefront property in Stone Creek Ranch, Delray Beach.

What are the main luxury amenities featured in Villa Spectre (DOUG)?

Villa Spectre features a Bulgari-inspired spa, indoor pool, 12-car gallery, home theater, 95-foot resort pool, dual kitchens, and outdoor sports facilities including basketball/pickleball court and putting green.

Who developed Villa Spectre in Delray Beach (DOUG)?

Villa Spectre was designed and developed by Aldo Stark of Prestige Design Homes and sold through Douglas Elliman agent Senada Adžem.

How many bedrooms does Villa Spectre have (DOUG listing)?

Villa Spectre features six bedroom suites, including two grand primary suites and four additional guest suites.