![\"Tour:](\"https:\/\/image.cnbcfm.com\/api\/v1\/image\/107381871-villa_Ananda_thumb_23995000_.jpg?v=1709575021&w=750&h=422&vtcrop=y\")
The owners of this Florida mansion are asking for $24 million for their almost 11,500 square-foot residence inside one of the most expensive gated communities in Delray Beach, Florida.<\/p>\n
The price tag puts the home, known as Villa Ananda, at a price per square foot of almost $2,100, which is well beyond record-breaking territory for a non-oceanfront home in the town.<\/p>\n<\/div>\n
Aerial view of Villa Ananda and the man-made lake that wraps around the estate rear garden.<\/p>\n
Daniel Petroni Photography<\/p>\n<\/div>\n<\/div>\n<\/div>\n
“As long as affluent clientele regard Florida as a haven for lifestyle and tax benefits, the ultra luxury real estate market will flourish,” listing broker Senada Adzem told CNBC.<\/p>\n
Over the past five years, the Delray Beach market has more than flourished \u2014 it has skyrocketed. Since 2018, the average price per square foot of a luxury home \u2014 representing the top 10% of sales \u2014 in Delray Beach has more than doubled from $416 to almost $840, according to the Elliman Report.<\/p>\n
The 102% rise in Delray Beach is even more impressive when you consider it outperformed both the Miami coastal mainland, which saw an 86% increase in luxury price per square foot, and the Manhattan, New York, market where the average price per square foot of a luxury home declined 2%.<\/p>\n<\/div>\n
Villa Ananda’s living area is flanked by a sleek gray and white kitchen on one side and a wall of wine on the other.<\/p>\n
Daniel Petroni Photography<\/p>\n<\/div>\n<\/div>\n<\/div>\n
The average luxury home sale in Delray Beach has also seen a dramatic rise, increasing 90% from $2 million in 2018 to $3.8 million in the last quarter of 2023.<\/p>\n
“People tend to think of Miami and Palm Beach when the subject turns to high-end South Florida real estate,” Adzem told CNBC. “But Delray Beach is, without question, one of the\u00a0region’s premier luxury residential markets.”<\/p>\n
Many of the town’s high-net-worth residents have been drawn to an exclusive enclave called Stone Creek Ranch. The gated community is home to billionaire hedge fund manager Steve Cohen; National Football League star Khalil Mack; Gerry Smith, CEO of ODP, the parent company of Office Depot; and singer-songwriter Romeo Santos, to name a few.<\/p>\n
Hewlett Packard Enterprise CEO Antonio Neri purchased a home here back in 2019 for $7.5 million. He sold it in 2022 for $14 million, an almost 87% increase in under three years. Both deals were brokered by Adzem.<\/p>\n<\/div>\n
16141 Quiet Vista in Stone Creek Ranch was purchased by HP Enterprise CEO Antonio Neri for $7.5M who sold it three years later for a hefty profit.<\/p>\n
Daniel Petroni<\/p>\n<\/div>\n<\/div>\n<\/div>\n
“I purchased the home because I loved it and the neighborhood. It also turned out to be an extraordinary investment,” Neri told CNBC.<\/p>\n
Just last year, the 37-residence community saw its priciest sale to date when a 17,800 square-foot mansion at 9200 Rockybrook traded for $26 million, or about $1,460 per square foot, in a deal that was also brokered by Adzem.<\/p>\n<\/div>\n
Villa Ananda’s entrance is flanked by mature Italian Cypress trees.<\/p>\n
Daniel Petroni Photography<\/p>\n<\/div>\n<\/div>\n<\/div>\n
While her latest listing, 9303 Hawk Shadow Lane, isn’t the most expensive home to hit the market here, at almost $2,100 a square foot, it would be the highest price per square foot ever achieved in Stone Creek Ranch, surpassing the previous record by more than 40%.<\/p>\n
“Trophy properties have gained momentum in the South Florida market over the past three years \u2014 for tax benefits, for safety reasons and because of the\u00a0pandemic,” Adzem told CNBC.<\/p>\n
The real estate agent knows this high-end neighborhood well. Over the past four years, she has sold five properties here, twice each, and brokered more than $136 million in transactions \u2014 all of them within just 500 meters of her latest listing.<\/p>\n<\/div>\n
An aerial view of the Rockybrook Estate in Delray Beach, Florida.<\/p>\n
Douglas Elliman<\/p>\n<\/div>\n<\/div>\n<\/div>\n
While buyers-turned-sellers, like Neri, have turned hefty profits in a short time, Adzem believes the market is still trending in the right direction. Limited supply helps.<\/p>\n
“The high demand for estates within Stone Creek Ranch, with only 37 multimillion-dollar properties available, further\u00a0underscores this market dynamic,” said Adzem.<\/p>\n<\/div>\n
Here’s a look inside the 6 bedroom, 10 bathroom Villa Ananda:<\/h2>\n\n\n\nAerial view of 9303 Hawk Shadow Lane in Delray Beach.<\/p>\n
Daniel Petroni Photography<\/p>\n<\/div>\n<\/div>\n<\/div>\n
\nThe one-story residence sits on 2.5 acres surrounded by a man-made lake.<\/p>\n
Missing from the property’s lush green landscape are Florida’s ubiquitous palm trees. There’s not a single one on the estate. Instead, the land is peppered with towering Italian Cypress trees, bougainvillea, rose bushes, pines and vegetation chosen for its resemblance to olive trees.<\/p>\n
Adzem tells CNBC that landscape architect Krent Wieland and the owners opted for greenery that would make the residence feel less like a Florida mansion and more like a luxurious villa in the Italian countryside.<\/p>\n<\/div>\n
\n\n\nThe view from Villa Ananda’s loggia includes manicured gardens, a saltwater pool and a 20-person hot tub.<\/p>\n
Daniel Petroni Photography<\/p>\n<\/div>\n<\/div>\n<\/div>\n
\n“Every detail of their surroundings was meticulously curated, inspired by the awe-inspiring vistas of southern Italy’s countryside,” said Adzem.<\/p>\n<\/div>\n
\n\n\nThe home’s loggia includes a kitchen, bar, lounge, dining area and fireplace.<\/p>\n
Daniel Petroni Photography<\/p>\n<\/div>\n<\/div>\n<\/div>\n
\n\n\nVilla Ananda’s primary suite spans about 3,500 square feet with two sleeping areas. This is larger of the suite’s two bedrooms.<\/p>\n
Daniel Petroni Photography<\/p>\n<\/div>\n<\/div>\n<\/div>\n
\nAccording to Adzem, Villa Ananda’s primary suite spans more than 3,500 square feet, with two home offices, two walk-in closets, a pair of baths and a wellness area with an infrared sauna and massage table.<\/p>\n<\/div>\n
\n\n\nOne of the two baths in the primary suite.<\/p>\n
Daniel Petroni Photography<\/p>\n<\/div>\n<\/div>\n<\/div>\n
\n\n\nOne of the primary suite’s two home offices.<\/p>\n
Daniel Petroni Photography<\/p>\n<\/div>\n<\/div>\n<\/div>\n
\nInteriors are designed by Inson Dubois Wood with bespoke furniture by Studio Liaigre, Adzem tells CNBC, and while the furnishings are not included in the asking price, they are negotiable.<\/p>\n<\/div>\n
\n\n\nOne of the primary suite’s two walk-in closets.<\/p>\n
Daniel Petroni Photography<\/p>\n<\/div>\n<\/div>\n<\/div>\n
\nCustom chandeliers in the living room, formal dining room, baths and even closets are crafted from a pearly-white rock called Selenite, a crystal that’s formed when calcium-rich saltwater evaporates.<\/p>\n<\/div>\n
\n\n\nThe dining area off the kitchen.<\/p>\n
Daniel Petroni Photography<\/p>\n<\/div>\n<\/div>\n<\/div>\n
\nThere’s dining for twelve off the kitchen, plus a separate formal dining room that can accommodate 10 guests.<\/p>\n<\/div>\n
\n\n\nThe formal dining room.<\/p>\n
Daniel Petroni Photography<\/p>\n<\/div>\n<\/div>\n<\/div>\n
\nThe kitchen’s waterfall countertops are crafted from a white Calacatta Crema marble, and the wood floors are washed in a soft gray hue that resembles weathered drift wood.<\/p>\n<\/div>\n
\n\n\nThe kitchen.<\/p>\n
Daniel Petroni Photography<\/p>\n<\/div>\n<\/div>\n<\/div>\n
Aerial view of 9303 Hawk Shadow Lane in Delray Beach.<\/p>\n
Daniel Petroni Photography<\/p>\n<\/div>\n<\/div>\n<\/div>\n
The one-story residence sits on 2.5 acres surrounded by a man-made lake.<\/p>\n
Missing from the property’s lush green landscape are Florida’s ubiquitous palm trees. There’s not a single one on the estate. Instead, the land is peppered with towering Italian Cypress trees, bougainvillea, rose bushes, pines and vegetation chosen for its resemblance to olive trees.<\/p>\n
Adzem tells CNBC that landscape architect Krent Wieland and the owners opted for greenery that would make the residence feel less like a Florida mansion and more like a luxurious villa in the Italian countryside.<\/p>\n<\/div>\n
The view from Villa Ananda’s loggia includes manicured gardens, a saltwater pool and a 20-person hot tub.<\/p>\n
Daniel Petroni Photography<\/p>\n<\/div>\n<\/div>\n<\/div>\n
“Every detail of their surroundings was meticulously curated, inspired by the awe-inspiring vistas of southern Italy’s countryside,” said Adzem.<\/p>\n<\/div>\n
The home’s loggia includes a kitchen, bar, lounge, dining area and fireplace.<\/p>\n
Daniel Petroni Photography<\/p>\n<\/div>\n<\/div>\n<\/div>\n
Villa Ananda’s primary suite spans about 3,500 square feet with two sleeping areas. This is larger of the suite’s two bedrooms.<\/p>\n
Daniel Petroni Photography<\/p>\n<\/div>\n<\/div>\n<\/div>\n
According to Adzem, Villa Ananda’s primary suite spans more than 3,500 square feet, with two home offices, two walk-in closets, a pair of baths and a wellness area with an infrared sauna and massage table.<\/p>\n<\/div>\n
One of the two baths in the primary suite.<\/p>\n
Daniel Petroni Photography<\/p>\n<\/div>\n<\/div>\n<\/div>\n
One of the primary suite’s two home offices.<\/p>\n
Daniel Petroni Photography<\/p>\n<\/div>\n<\/div>\n<\/div>\n
Interiors are designed by Inson Dubois Wood with bespoke furniture by Studio Liaigre, Adzem tells CNBC, and while the furnishings are not included in the asking price, they are negotiable.<\/p>\n<\/div>\n
One of the primary suite’s two walk-in closets.<\/p>\n
Daniel Petroni Photography<\/p>\n<\/div>\n<\/div>\n<\/div>\n
Custom chandeliers in the living room, formal dining room, baths and even closets are crafted from a pearly-white rock called Selenite, a crystal that’s formed when calcium-rich saltwater evaporates.<\/p>\n<\/div>\n
The dining area off the kitchen.<\/p>\n
Daniel Petroni Photography<\/p>\n<\/div>\n<\/div>\n<\/div>\n
There’s dining for twelve off the kitchen, plus a separate formal dining room that can accommodate 10 guests.<\/p>\n<\/div>\n
The formal dining room.<\/p>\n
Daniel Petroni Photography<\/p>\n<\/div>\n<\/div>\n<\/div>\n
The kitchen’s waterfall countertops are crafted from a white Calacatta Crema marble, and the wood floors are washed in a soft gray hue that resembles weathered drift wood.<\/p>\n<\/div>\n
The kitchen.<\/p>\n
Daniel Petroni Photography<\/p>\n<\/div>\n<\/div>\n<\/div>\n