A $95M South Florida Estate Marketed as a Teardown Is the Week’s Most Expensive Home

A massive oceanfront estate in the Miami metro area has returned to the market, this time for $95 million, reduced from its $100 million list price in June.

And get this: The 25,867-square-foot mansion is being marketed as a teardown or renovation with approved plans. Its hefty price tag makes it this week’s most expensive home.

The estate in the tony neighborhood of Golden Beach is said to belong to Edith Newman and her late husband, Craig Electronics founder Joel Newman, according to Mansion Global.

Other pricey properties that hit the market this week include an oceanfront California estate once owned by TV stars Ozzie and Harriet Nelson, a Park City, UT, mansion slated for completion in 2025, and a Palm Beach, FL, home boasting views of the Intracoastal Waterway.

For a full look at this week’s 10 most expensive homes, just scroll down.

Price: $29,995,000
Mediterranean mood: Located in the guard-gated community of Beverly Ridge, this six-bedroom mansion offers striking mountain and ocean views.

The 13,014-square-foot interior boasts a two-story entry with an eye-popping dual staircase. Built in 2006, the stone abode features a majestic living room with a coffered ceiling, a bar, and walls of windows. Luxurious highlights include a home theater, gym, and dining room with a walk-in wine cellar. Designed for entertaining, the chef’s kitchen boasts two refrigerators and four ovens. The sensational primary suite has two private offices.

A 3,600-square-foot subterranean garage can house seven cars. The 3-acre property also features a covered patio, outdoor fire pit, and in-ground pool.

Price: $35,000,000
Starwood estate: Completed in 2020, this five-bedroom mansion is nestled in 38 acres of private forest.

The 7,223-square-foot interior boasts elegant European finishes and an exterior clad in Japanese wood. The contemporary design features floor-to-ceiling windows to offer magnificent mountain views from nearly every room. The sleek kitchen has wall ovens and an enormous island with a cooktop.

The enormous property comes with a 1,485-square-foot, one-bedroom guesthouse.

Price: $36,000,000
Carriage house and triplex penthouse: Adam Neumann, co-founder and former CEO of WeWork, has once again listed his spectacular Gramercy Park penthouse for sale. It now includes a carriage house.

Originally marketed as separate listings, the two homes are now being offered together.

Neumann bought the duplex penthouse in 2017 for $27.5 million along with an additional unit, and combined them into a giant 7,880-square-foot showpiece, according to The Real Deal.

The redesigned triplex is accessible by a private elevator and features plaster ceiling rosettes, imported French finishes, a skylit spiral staircase, and a 955-square-foot roof terrace.

The two-level carriage house has oak flooring and a primary suite that’s an entire wing. Also included in the sale is a 1,245-square-foot duplex apartment designed to accommodate guests or staff.

Price: $37,000,000
Montecito mansion: This five-bedroom mansion offers expansive vistas of the Pacific Ocean, the city skyline, and the mountains.

The Spanish-style estate was built in 1999 on a 3-acre parcel. It features arched windows and doorways, exposed-beam ceilings, and two fireplaces. The primary suite has a sitting area and access to a private balcony.

Other luxurious amenities include a home theater, game room, and wine cellar.

Two levels of covered terraces overlook the manicured grounds and in-ground pool. A trellis shades the outdoor patio, which offers a kitchen, dining area, and extra seating space. A separate guesthouse is also included.

Price: $38,000,000
Ozzie and Harriet lived here: This breathtaking estate is perched on a bluff overlooking the beach. The three-level, five-bedroom Mediterranean mansion was once home to TV stars Ozzie and Harriet Nelson.

The 8,718-square-foot interior features new floor-to-ceiling windows and doors, a home theater, meditation room, custom wine cellar, wet bar, entertainment room, and chef’s kitchen. An elevator provides easy access to each level.

Outside, there is a built-in barbecue and pizza oven, a waterfall pool with a hot tub, and custom fire pits. A private staircase leads to Victoria Beach.

Price: $39,000,000
To be built: This sprawling nine-bedroom estate is slated for completion in 2025.

Located in the gated Bald Eagle neighborhood, the massive mansion includes plans for a primary suite on each of its three levels. An “oxygenated wellness center” offers a steam room, sauna, cold plunge pool, two massage rooms, and an outdoor lap pool with a hot tub.

Other extravagant amenities include a home theater with seating for 20, a commercial-grade glass elevator, separate staff quarters, and 11 fireplaces.

Two garages can accommodate up to four vehicles.

Price: $39,950,000
Market markup: This five-bedroom home in the Port Royal neighborhood has been on and off the market since it was built in 2002.

Its original list price was $15.5 million. With the real estate market in South Florida booming, it came back on the market last year for $22 million. The 7,195-square-foot interior boasts arched windows and doorways, built-in cabinets, stone columns, and coffered ceilings.

The oversized lot also includes a negative-edge pool and spa and a private boat dock.

Price: $42,000,000
Gated estate: Designed by Florida architect Russell Pancoast, the eight-bedroom mansion from 1935 has been thoughtfully preserved and updated.

It features original doors, arched doorways, an original fireplace, built-in cabinetry, and a circular grand staircase. Other lavish details include an oversized primary suite, a modernized kitchen with high-end appliances, an in-ground pool, and a loggia overlooking the gardens and grand courtyard.

The waterfront property comes with access to a private dock.

Price: $59,500,000
Palm Beach beauty: This eight-bedroom megamansion comes with 200 feet of frontage along the Intracoastal Waterway.

The one-level estate was built in 1987. Enormous double wood doors open to a garden-themed entry with ornate millwork and a soaring ceiling. The grand living room has a fireplace and sliding doors, and the primary suite features access to a private terrace.

The 1-acre property features tropical landscaping and includes a guesthouse, in-ground pool, and covered lanai.

Price: $95,000,000
Slice of paradise: This 1.5-acre estate comes with 250 feet of ocean frontage and approved plans for the construction of a dream home.

Buyers have the choice to build a new 30,000-square-foot megamansion or renovate the existing 25,867-square-foot residence.

The dwelling is located in the exclusive Golden Beach enclave, which has its own police and marine patrol.

The parcel last changed hands for $1.5 million in 1985, and the nine-bedroom home was custom-built in 1995.