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For sale
  • Price cut: $800K (2/23)
    $14,700,000

    250 Algoma Rd, Palm Beach, FL 33480

    6beds
    5,213sqft
    : 
    Single Family Residence, Residential
    Built in 1938
    0.42 Acres Lot
    $-- Zestimate®
    $2,820/sqft
    $-- HOA

    What's special

    This extraordinary estate has been meticulously renovated over the past four years with no detail overlooked. The property features a band-new roof, completely rebuilt exterior walls, and all-new impact glass throughout, seamlessly blending modern resilience with timeless elegance. The grounds have been entirely reimagined with lush, professionally designed landscaping, creating a private and serene oasis. The interiors were masterfully designed be renowned New York design firm Brockschmidt & Coleman, showcasing refined craftsmanship and sophisticated finishes at every turn. Originally envisioned by celebrated architect Maurice Fatio, with the guest house designed by distinguished architect John Volk, this residence represents a rare collaboration of architectural pedigree and contemporary luxury.
    127 days
    |
    1,132
    |
    16
    |

    Zillow last checked: 7 hours ago

    Listing updated: February 24, 2026 at 08:59am

    Listed by:

    JAMES UPHAM CLARKE 561-313-6594,

    Illustrated Properties LLC

    Source: Palm Beach BOR,MLS#: 25-1675

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 6
      • Full bathrooms: 5
      • 1/2 bathrooms: 1
      Heating
      • Central, Zoned
      Cooling
      • Central Air, Zoned
      Appliances
      • Included: Refrigerator, Gas Range, Dishwasher, Disposal, Washer, Dryer, Ice Maker, Double Oven
      Features
      • Sound System, Wet Bar, Storage, Pantry
      • Flooring: Marble, Hardwood
      • Windows: Awning, Impact Glass, Impact Glass-Full, Storm Shutters, Impact Windows
      • Has fireplace: Yes
      • Fireplace features: Fireplace
      Interior area
      • Total structure area: 5,893
      • Total interior livable area: 5,213 sqft

      Property

      Parking
      • Parking features: Detached, Garage Door Opener, Toilet in Garage, No Garage
      • Has garage: Yes
      Features
      • Levels: Two
      • Exterior features: Built-in Barbecue
      • Has private pool: Yes
      • Pool features: Gas Heat, Fresh Water
      • Waterfront features: None, Ocean Access
      Lot
      • Size: 0.42 Acres
      • Dimensions: 135
      Details
      • Additional structures: Guest House
      • Parcel number: 50434335000020340
      • Zoning: RA

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Colonial,Traditional
      • Property subtype: Single Family Residence, Residential
      Materials
      • Frame, Concrete
      • Roof: Asphalt
      Condition
      • Year built: 1938

      Utilities & green energy

      • Water: Public
      • Utilities for property: Cable Available

      Community & HOA

      Community
      • Security: Smoke Detector(s), Security System
      Location
      • Region: Palm Beach

      Financial & listing details

      • Price per square foot: $2,820/sqft
      • Tax assessed value: $8,400,020
      • Annual tax amount: $211,219
      • Date on market: 2/24/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        $83,301/mo

        Price history

        Price history
        DateEventPrice
        2/23/2026Price change$14,700,000-5.2%$2,820/sqft
        Source: BeachesMLS #RX-11139487 Report a problem
        11/10/2025Listed for sale$15,500,000+203.9%$2,973/sqft
        Source: BeachesMLS #RX-11139487 Report a problem
        9/30/2020Sold$5,100,000-7.2%$978/sqft
        Source: Palm Beach BOR #20-171 Report a problem
        3/20/2020Listing removed$5,495,000$1,054/sqft
        Source: Korman Realty LLC #RX-10586842 Report a problem
        12/21/2019Listed for sale$5,495,000-4.4%$1,054/sqft
        Source: Korman Realty LLC #RX-10586842 Report a problem
        11/20/2019Listing removed$5,750,000$1,103/sqft
        Source: Korman Realty LLC #RX-10533744 Report a problem
        10/25/2019Price change$5,750,000-11.5%$1,103/sqft
        Source: Korman Realty LLC #RX-10533744 Report a problem
        5/27/2019Listed for sale$6,500,000+400%$1,247/sqft
        Source: Korman Realty LLC #RX-10533744 Report a problem
        3/9/1998Sold$1,300,000$249/sqft
        Source: Public Record Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2024$108,370 +11.6%$6,275,663 +10%
        2023$97,133 +4.2%$5,705,148 +10%
        2022$93,175 +19.3%$5,186,498 +10%
        2021$78,112 -6.3%$4,714,998 -4.9%
        2020$83,380 +173.7%$4,959,092 +181.6%
        2019$30,469 $1,760,769 +1.9%
        2018$30,469 +4.7%$1,727,938 +2.1%
        2017$29,108 +0.1%$1,692,398 +2.1%
        2016$29,093 +3.3%$1,657,589 +0.7%
        2015$28,167 -3.7%$1,646,067 +0.8%
        2014$29,265 +2.1%$1,633,003 +1.5%
        2013$28,669 +0.1%$1,608,870 +1.7%
        2012$28,631 +0.7%$1,581,976 +3%
        2011$28,438 +0.6%$1,535,899 +1.5%
        2010$28,272 +6.5%$1,513,201 +2.7%
        2009$26,545 +11.9%$1,473,419 +3.8%
        2007$23,722 -6.2%$1,419,366 +2.5%
        2006$25,278 $1,384,747 +3%
        2005-- $1,344,415 +3%
        2004$13,954 +6608.5%$1,305,257 +1.9%
        2003$208 -99.2%$1,280,920 +2.4%
        2002$24,885 +0.3%$1,250,898 +1.6%
        2001$24,820 +1.9%$1,231,199 +3%
        2000$24,346 +3.2%$1,195,339 +2.7%
        1999$23,598 $1,163,913

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $95,646/mo
        Principal & interest
        $74331
        Property taxes
        $21315
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          Climate risks

          Neighborhood: 33480

          Getting around

          4 / 100
          Car-Dependent
          39 / 100
          Somewhat Bikeable

          Nearby schools

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