Tour a Stunning Billionaires Row Estate in Palm Beach

In 1930, Philadelphia industrialist Joseph Widener commissioned celebrated architect Maurice Fatio to design and construct an impressive estate situated on 5.46± acres stretching from the Atlantic Ocean to Lake Worth.

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Today Il Palmetto remains unparalleled in its beloved resort community. In 1999, a successful entrepreneur purchased the estate and embarked on an extensive restoration to modernize the property while maintaining its timeless architecture and quintessential Palm Beach allure.

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Il Palmetto now includes a majestic main residence, a serene beach house, a waterfront boathouse, manicured lawns, two swimming pools, a sculpture courtyard and a six-car garage.

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Fatio was famed for creating luxurious, harmonious Palm Beach homes with iconic Mediterranean architecture, and Il Palmetto’s palazzo-style residence is no exception.

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The pièce de résistance is the 50-ft. living room with shield-decorated coffered ceilings with medallion details, carvings, painting and gold leaf as well as a handsome marble mantel and glass doors framing sunset views over Lake Worth.

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Equally resplendent, the formal dining room with a 16th Century carved ceiling, an oversized fireplace and walnut floors in a stately herringbone pattern accommodates the most elegant of dinner parties in the Palm Beach tradition.

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In a convenient configuration, a nearby hall leads to an impeccably appointed superior chef’s kitchen boasting granite countertops, three islands, a cypress ceiling, Venetian plaster walls, and charming rustic reclaimed stone floors from a French farmhouse.

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Furthering the options for entertainment and recreation are a media room with a descending screen and projector as well as acoustically insulated walls and a walnut-clad billiards room that includes a bar with marble countertops and a marble-framed fireplace.

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Replete with eye-catching decorative detail, the exquisite “Moroccan room” offers additional space for indoor-outdoor entertaining.

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There are 10 bedrooms, 14 full baths and 11 half baths. In both the master and the guest wings, an airy, light-filled stairway with an eye-catching decorative wrought-iron rail links the main and second levels of the home, providing elegant, graceful access to the restful private quarters.

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The grounds are a lush enclave of greenery and color punctuated by elegant formality, with towering palms, stately specimen trees, emerald lawn, water features, coquina walkways and a koi pond.

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At the main residence, an inner courtyard surrounded by a lovely loggia gives way to a stunning swimming pool tiled in a blue Greek key mosaic.

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The early-21st-century renovation added a museum quality temperature-controlled wine cellar with a capacity for more than 20,000 bottles, and a second cellar that accommodates another 1,000 crates.

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A wonderful direct oceanfront two-bedroom beach house with an infinity-edge pool, and a lakefront boathouse with two state-of-the-art motorized launches, an elevator, and a two-bedroom guest apartment on the upper level were also added. Nearly every room boasts striking details and views of the water.

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Decades after Maurice Fatio designed his impressive Il Palmetto, the estate remains a peerless enclave in its beloved resort community, a timeless world unto its own. A thoughtful renewal boasting extraordinary attention to detail have ensured that this historic estate will carry on as a Palm Beach classic for years to come.

$137,000,000 | II Palmetto – Palm Beach

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