Palm Beach Home with Exclusive Mar-a-Lago Privileges Listed for $14.95 Million
A remarkable property in Palm Beach, Florida, has hit the market for $14.95 million. Located on the prestigious Woodbridge Road, this home offers a unique benefit: guest privileges at Mar-a-Lago, President Donald Trump’s iconic private club. Here’s an in-depth look at what makes this property a coveted piece of real estate.
The Exclusive Perks of Woodbridge Road
This home’s standout feature is its connection to Mar-a-Lago. Thanks to a 1993 declaration of use agreement, homeowners on Woodbridge Road can enjoy guest privileges at the club, pending an interview process. Unlike typical club members who must pay a hefty initiation fee—reportedly around $1 million—these privileges come without the fee. However, annual dues are still required, granting access to Mar-a-Lago’s luxurious facilities and services.
Listing agent Ashley McIntosh of Douglas Elliman emphasized the exclusivity: “Woodbridge Road is the only street in Palm Beach with this unique declaration of use agreement.”
Property Details: A Renovated Gem
Built in 1972, the 0.34-acre estate underwent a comprehensive renovation in 2015. The result is a modernized property that seamlessly blends luxury and comfort. The estate includes:
- Main House: Five bedrooms and six bathrooms spread across two levels.
- Guest House: A two-story structure featuring one bedroom and two bathrooms.
- Total Living Space: 5,414 square feet.
The main house offers two primary suites, one on each floor. The upper-level suite includes a flex room and a private patio overlooking the pool. The living room’s pocket sliding doors open onto a spacious patio, leading to a pool and a gated side yard—ideal for entertaining or relaxing in privacy.
Prime Location: Proximity to Luxury
Beyond its Mar-a-Lago connection, the home is ideally situated just four properties away from the ocean. Residents can enjoy the best of Palm Beach’s coastal lifestyle while being mere steps from one of the area’s most famous landmarks.
A Market Reflecting Demand
The Palm Beach real estate market has seen a significant shift in recent years. Demand for high-end properties surged following the 2016 election, particularly in areas like Woodbridge Road. Listing agent Ashley McIntosh noted this trend, highlighting how both the renovation and market dynamics contributed to the property’s increased value.
The home’s history also adds to its appeal. It was purchased in 2013 by George J. Buff III, a New Jersey-based entrepreneur, for $2.225 million through a trust. Following Buff’s passing in 2021, the property’s value has soared, reflecting both its enhancements and the area’s desirability.
Previous Listings and Price Trends
This property’s journey on the market has been dynamic. Initially listed in March 2023 for $15.758 million, it was temporarily withdrawn before being reintroduced at $13 million. Now, with its current listing at $14.95 million, it represents a balance between its luxurious offerings and market demand.
Insights
What makes Woodbridge Road unique?
Woodbridge Road is the only street in Palm Beach with a declaration of use agreement granting homeowners exclusive guest privileges at Mar-a-Lago.
Do homeowners pay to access Mar-a-Lago?
While initiation fees are waived, homeowners must pay annual dues to access the club’s facilities and services.
What renovations were made to the home?
The property underwent a full renovation in 2015, updating its interior, amenities, and overall design to meet modern luxury standards.
Why has demand for Palm Beach homes increased?
The area’s prestige, combined with its ties to Mar-a-Lago and increasing demand for luxury real estate, has significantly driven interest.
Conclusion: A Rare Opportunity
This Palm Beach property offers more than just a home—it provides an exclusive lifestyle enriched by proximity to Mar-a-Lago, the ocean, and all that Palm Beach has to offer. Its unique guest privileges, coupled with its luxurious features and prime location, make it a one-of-a-kind opportunity in the high-end real estate market.